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Global Hair Color Market to reach USD 37.82 billion by the end of 2030

Global Hair Color Market Size study & Forecast, by Product (Permanent, Temporary, Others), by End User (Men, Women), by Distribution Channel (Online, Offline) and Regional Analysis, 2023-2030

Product Code: OIRPC-62220278
Publish Date: 15-11-2023
Page: 200

Global Hair Color Market is valued at approximately USD 24.27 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.7% over the forecast period 2023-2030. Hair Color is the product which when applied by users on their hair it comes off with a different color or vibrant shades. The Hair Color Market is expanding because of factors such as the Increasing concern of people for their physical appearance and the rising influence of social media platforms. However, People’s concern about chemicals used in hair color as well as high prices of hair color market tends to lower the market growth.

The Hair Color Market is rising with the rising concern of people about their physical appearance, people are more concerned about how they look and what people think of their looks. With this rising concerns about physical appearance influenced by social media the market tends to grow. As according to Statista 2023 the penetration rate of social media is expected to grow by 11.6% over the forecasted period. Moreover, 86% of industry professionals said that increased exposure was the leading benefit of using social media as a marketing tool. According to Statista 2023, In 2022, social media ad spending stood at approximately USD 230 billion, with spending expected to surpass the 300-billion-dollar mark by 2024. Moreover, Concern of people for their hair is increasing and with this people are avoiding chemical-based products which can ruin their hair because of this organic hair care market is predicted to grow by USD 2.99 billion in forecasted period according to Statista 2022. With growth of hair care market there will be growth in sales of hair color products manufactured by using organic ingredients. Additionally, hair color products are mostly used by the ageing or elderly population so increase in the rate of ageing population which according to Statista 2023 is 10% of the country’s population was over the age of 60 years in 2021 which leads to increase in sales of hair color products which is an opportunity for this market.

The key regions considered for the Global Hair Color Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022, growth of per capita income in developing countries and increase in consumer spending over premium hair color products. Additionally, growth of personal care industry in this market act as a driver for this market. Europe is expected to grow significantly over the forecast period, owing to factors such as presence and strong sales of market players in this region such as Loreal S.A., Coty Inc., Revlon, Inc. and more. Moreover, availability of products at offline retail chains.
Major market player included in this report are:
Henkel AG & Co. KGaA
L’Oréal S.A
Mandom corp.
Wella Company
Revlon Inc.
Avon Products Inc.
Unilever PLC
Coty Inc.
Kao Corporation
Godrej Consumer Products Limited

Recent Developments in the Market:
Ø In March 2023, Henkel Opened “J-beauty innovation hub” in Tokyo. This hub accelerates the long-lasting expertise of Schwarzkopf and Shiseido Professional. This hub provides hair professional business and with that it trends as a premium scalp and hair care, styling, and hair loss solution.
Ø In June 2022, Loreal launched L’Oréal Paris Men Expert One-Twist Hair Color. It is brands first organic hair color product. This product is easy to use and cover all the grey hair more quickly and easily, this ease to use and free from chemical feature tends to increase the sales of Loreal.
Ø In December 2021, Loreal Signed acquired Youth to the People an American skincare company in California, this acquisition might increase sales of Loreal with that the brand recorded over approx. USD 50 Million of sales in 2021.

Global Hair Color Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Product, End User, Distribution Channel, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

By End user:

By Distribution Channel:

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Hair Color Market, by Region, 2020-2030 (USD Billion)
1.2.2. Hair Color Market, by Product, 2020-2030 (USD Billion)
1.2.3. Hair Color Market, by End User, 2020-2030 (USD Billion)
1.2.4. Hair Color Market, by Distribution Channel, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Hair Color Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Hair Color Market Dynamics
3.1. Hair Color Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Concern of population for their physical appearance Impact of social media platform on growing population
3.1.2. Market Challenges Allergies and side effect from Chemicals used in products Expensive prices of hair colour products
3.1.3. Market Opportunities Innovation of organic and new hair colour products Growth of ageing population
Chapter 4. Global Hair Color Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Hair Color Market, by Product
5.1. Market Snapshot
5.2. Global Hair Color Market by Product, Performance – Potential Analysis
5.3. Global Hair Color Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
5.4. Hair Color Market, Sub Segment Analysis
5.4.1. Permanent
5.4.2. Temporary
5.4.3. Others
Chapter 6. Global Hair Color Market, by End User
6.1. Market Snapshot
6.2. Global Hair Color Market by End User, Performance – Potential Analysis
6.3. Global Hair Color Market Estimates & Forecasts by End User 2020-2030 (USD Billion)
6.4. Hair Color Market, Sub Segment Analysis
6.4.1. Men
6.4.2. Women
Chapter 7. Global Hair Color Market, by Distribution Channel
7.1. Market Snapshot
7.2. Global Hair Color Market by Distribution Channel, Performance – Potential Analysis
7.3. Global Hair Color Market Estimates & Forecasts by Distribution Channel 2020-2030 (USD Billion)
7.4. Hair Color Market, Sub Segment Analysis
7.4.1. Online
7.4.2. Offline
Chapter 8. Global Hair Color Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Hair Color Market, Regional Market Snapshot
8.4. North America Hair Color Market
8.4.1. U.S. Hair Color Market Product breakdown estimates & forecasts, 2020-2030 End User breakdown estimates & forecasts, 2020-2030 Distribution Channel breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Hair Color Market
8.5. Europe Hair Color Market Snapshot
8.5.1. U.K. Hair Color Market
8.5.2. Germany Hair Color Market
8.5.3. France Hair Color Market
8.5.4. Spain Hair Color Market
8.5.5. Italy Hair Color Market
8.5.6. Rest of Europe Hair Color Market
8.6. Asia-Pacific Hair Color Market Snapshot
8.6.1. China Hair Color Market
8.6.2. India Hair Color Market
8.6.3. Japan Hair Color Market
8.6.4. Australia Hair Color Market
8.6.5. South Korea Hair Color Market
8.6.6. Rest of Asia Pacific Hair Color Market
8.7. Latin America Hair Color Market Snapshot
8.7.1. Brazil Hair Color Market
8.7.2. Mexico Hair Color Market
8.8. Middle East & Africa Hair Color Market
8.8.1. Saudi Arabia Hair Color Market
8.8.2. South Africa Hair Color Market
8.8.3. Rest of Middle East & Africa Hair Color Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Henkel AG & Co. KGaA Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.3.2. L’Oréal S.A
9.3.3. Mandom corp.
9.3.4. Wella Company
9.3.5. Revlon Inc
9.3.6. Avon Products Inc.
9.3.7. Unilever PLC
9.3.8. Coty Inc.
9.3.9. Kao Corporation
9.3.10. Godrej Consumer Products Limited
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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