Hi, what are you looking for?

According to the latest research by SkyQuest Technology, the Global Hair Color Market was valued at USD 21.80 billion in 2021, and it is expected to reach USD 32.14 billion by 2028, with a CAGR of 5.70% during the forecast period of 2022–2028. The research provides up-to-date Hair Color Market analysis of the current market landscape, latest trends, drivers, and overall market environment.

Currently, the global market for hair colors is dominated by the North American continent. The US actively encourages the expansion of market revenue. The existence of well-known brands like Coty Inc., Estée Lauder Companies Inc., Revlon, Inc., Avon Products Inc., and other companies is one of the factors affecting market growth. The presence of various famous people and the growing trend of celebrity endorsements of hair color products are additional factors that affect the local sector.

Europe to exhibit significant growth

Over the course of the projection period, the European region is expected to increase significantly. Germany has continued to be one of the region’s largest markets for hair color, and in 2021, it is anticipated to account for more than one-third of the market’s value in Europe. This is due to the fact that a Fact.MR survey found that more than 10% of men and 60% of women in Germany yearly color their hair. Germany is listed as one of the important countries in a study report by Fact.MR that was recently published. According to this research, Germany will have an absolute financial opportunity of roughly USD 1.3 billion by 2031.

Get Detailed Information Here: https://skyquestt.com/report/hair-color-market  

Read market research report, “ Global Hair Color Market is segmented based on Product Type, Usage, Composition, Application, Distribution Channel, End-user, and Regions. Based on Product Type, the market is segmented into Powder Hair Color\Hair Dye, Crème Form, Bleachers, Highlighters, and Tone-On-Tone Colorants. Based on Usage, the market is segmented into Permanent Hair Color, Semi-Permanent Hair Color, Temporary Hair Color, Hair Highlights and Bleach. Based on Composition, the market is segmented into Organic/Natural/Herbal, and Chemical. Based on Application, the market is segmented into Total Gray Coverage, Roots Touch-Up, and Highlighting. Based on Distribution Channel, the market is segmented into Offline and Online. The Offline segment is further sub-segmented into Warehouse Clubs, Convenience Stores, Specialist Retailers, Supermarkets and Hypermarkets, Variety Stores, and Department Stores. Based on End-user, the market is segmented into Men and Women & By Region- Forecast and Analysis 2022-2028” by SkyQuest.

Japan to become a central hub for hair color suppliers over the forecast period

Japan, which accounts for over 30% of the market in East Asia for hair coloring, is one of the most significant nations after China. This is due to the fact that the geriatric population in Japan has been rising continuously. Currently, more than 40% of the population is over 65, and by 2050, that percentage is expected to reach 60%. In many ways, the aging population is bad for overall economic growth, but it’s wonderful for companies that make hair dye and cosmetics. Additionally, it is anticipated that consumption would increase among the older population, who regularly use these hair color solutions to disguise their gray hair.

Furthermore, a recently released study by Fact.MR, which offered in-depth insights into pricing, current trends, and other aspects, included Japan as one of the major countries. This analysis predicts that by 2031, Japan will present an absolute dollar potential of about 900 million dollars.

Click Here to Download and Understand Latest Key Trends: https://skyquestt.com/sample-request/hair-color-market  

The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

What does this Report Deliver?

Speak with our analyst for more information: https://skyquestt.com/speak-with-analyst/hair-color-market  

SkyQuest has segmented the Global Hair Color Market based on Product Type, Usage, Composition, Application, Distribution Channel, End-user,  and Region:

SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.

Canada launched a long-awaited review of its cannabis regulations four years after legalizing its recreational use.

Rupert Murdoch's eldest son -- who is also chief executive of Fox News parent Fox Corporation -- is suing Crikey over an opinion piece.

Deadly Hurricane Fiona has strengthened into a Category 4 storm as it barrels toward Canada's Atlantic coast, according to the National Hurricane Center.

Asian markets fell again Friday as part of a global sell-off fuelled by recession fears.

COPYRIGHT © 1998 - 2022 DIGITAL JOURNAL INC. Sitemaps: XML / News . Digital Journal is not responsible for the content of external sites. Read more about our external linking.