What is Global Hair Coloring Product Market?
The Global Hair Coloring Product Market is a vast and dynamic sector that encompasses a wide range of products used to change the color of hair. This market has been growing steadily over the years, driven by factors such as fashion trends, the desire to cover grey hair, and the need for self-expression. The market includes products from various brands, each offering a unique blend of ingredients and colors to cater to diverse consumer preferences. These products are sold in various forms, including creams, gels, and sprays, and are available in a wide range of shades, from natural hues to vibrant, unconventional colors. The market is also influenced by advancements in technology, which have led to the development of products that are easier to use, more effective, and less damaging to the hair. The Global Hair Coloring Product Market is truly global in nature, with products being sold in virtually every country around the world.
Permanent Hair Dye, Semi-Permanent Hair Dye, Temporary Hair Dye in the Global Hair Coloring Product Market:
The Global Hair Coloring Product Market is segmented into three main types of products: Permanent Hair Dye, Semi-Permanent Hair Dye, and Temporary Hair Dye. Permanent Hair Dye is the most popular type of hair coloring product, accounting for the largest share of the market. These products work by penetrating the hair shaft and altering the color of the hair from within. They offer long-lasting results and are ideal for covering grey hair or making a dramatic color change. Semi-Permanent Hair Dye, on the other hand, only partially penetrates the hair shaft, resulting in a color that gradually fades over time. These products are perfect for those who want to experiment with different colors without making a long-term commitment. Temporary Hair Dye, as the name suggests, provides a temporary color change that washes out after a few shampoos. These products are often used for special occasions or to test out a new color before committing to a permanent change. Each of these product types caters to different consumer needs and preferences, contributing to the diversity and dynamism of the Global Hair Coloring Product Market.
Hair Salon, Home Use in the Global Hair Coloring Product Market:
The Global Hair Coloring Product Market caters to two main usage areas: Hair Salons and Home Use. Hair Salons are the largest end-use industry segment of the market, accounting for a significant share of global sales. These establishments offer professional hair coloring services, using high-quality products to achieve the desired results. Hair coloring is one of the most popular services offered by hair salons, with many customers opting for this service to achieve a new look, cover grey hair, or enhance their natural hair color. On the other hand, the Home Use segment of the market includes products that are designed for easy and safe use at home. These products are typically sold in retail stores and online, and come with detailed instructions to guide users through the hair coloring process. The growth of the Home Use segment has been fueled by the increasing demand for DIY beauty solutions, as well as the convenience and cost-effectiveness of at-home hair coloring.
Global Hair Coloring Product Market Outlook:
Looking at the market outlook, the Global Hair Coloring Product Market was valued at a substantial US$ 13320 million in 2023. It's projected to reach an impressive US$ 16200 million by 2030, growing at a steady Compound Annual Growth Rate (CAGR) of 2.8% during the forecast period from 2024 to 2030. Europe is leading the way in this market, holding a major share of 32%. When it comes to product types, permanent hair dye is the frontrunner, representing the largest share of the worldwide hair coloring product market with a 74% share. In terms of applications, the hair salon segment is estimated to be the largest end-use industry segment of the market, holding a 65% share of the global market. This data clearly indicates the robust growth and immense potential of the Global Hair Coloring Product Market.
| Report Metric | Details |
| Report Name | Hair Coloring Product Market |
| Accounted market size in 2023 | US$ 13320 million |
| Forecasted market size in 2030 | US$ 16200 million |
| CAGR | 2.8% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | L’oreal, Henkel (Syoss,Schwarzkopf), Hoyu, Amorepacific, Kao (Liese,Goldwell), Wella, Shiseido, CIELO, Revlon, Godrej Consumer Products, YoungRace, Sastty, SAVOL |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
