Growth Of Professional Salon Majorly In Developing Countries Will Significantly Boost The Growth Of Hair Color Industry

By Goldstein Market Intelligence || 2019-01-07 8:27:39 AM

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Global Hair Color Market Outlook

Market Overview

According to Goldstein Research, hair growing popularity of ‘salon-like hair’ services is accelerating the demand of hair color products across the globe. Further, manufacturers’ sales of permanent hair color grew 3.2%, owing to amplified use in gray blending and fashion color. However, novelty hair color market is experiencing considerable growth in APAC and Latin America region, owing to the growing demand of novelty color over regular colors in the region. Global hair color market outlook also includes product development, marketing strategy and investment strategies adopted by major market players in order to expand their business across the globe. For instance, Crèmes/gels continue to outperform liquid hair color, as usage continues to change. All major hair color brands now have crème or gel lines. L'Oréal is the overall frontrunner in hair color sales with its Matrix, Redken, L'Oréal Technique and L’OréalProfessionnel brands.color services are the main driver of the entire salon industry and Hair Color Market growth. 

Browse Full Report:  Hair Color Market

Understanding Younger Consumers

  1. For consumers aging 18-34, “Price” advances over “My Stylist” and is recognized as their most significant factor in choosing a salon and professional hair color
  2. This price-conscious group is also fashion-conscious. They are early adopters of color services and desire more frequent and dramatic color change.
  3. This consumer group has embraced and facilitated motivate new sombre and fashion colors.color techniques and product innovations such a
  4. 85% of hair color professional respondents say their salons offer “vibrant” colors today, with the average age of these consumers just under 28 years old.

Market Segmentation

On the basis of our in-depth analysis, global hair color market can be segmented as follows:

Based on Product Type

  1. Powder Hair Color\Hair Dye
  2. Crème Form

Based on Usage

  1. Permanent hair color
  2. Semi-permanent hair color
  3. Temporary hair color
  4. Hair highlights and bleach

Based on Composition

  1. Organic/Natural/Herbal
  2. Chemical

Based on Distribution Channel

  1. Online Distribution Channel
  2. Offline Distribution Channel

Based on End-User

  1. Women
  2. Men

Based on Geography

  1. North America (U.S. & Canada) Hair Color Market {Market Share (%), Market Size(USD Billion)}
  2. Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Hair Color Market {Market Share (%), Market Size(USD Billion)}
  3. Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden &RoE) Hair Color Market {Market Share (%), Market Size(USD Billion)}
  4. Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Hair Color Market {Market Share (%), Market Size(USD Billion)}
  5. Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Hair Color Market {Market Share (%), Market Size(USD Billion)}

“Hair Color Industry Analysis” contains a comprehensive overview of the global hair color market. On the basis of our exhaustive analysis, market can be segmented by product type, by usage, by composition, by distribution channels, and by end-users.

Further, for the in-depth analysis, Global Hair Color Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. The Hair Color Industry report also includes competitive outlook of some of the major players profiling of companies such as L'Oreal, Coty Inc., Kao Corporation, Henkel AG & Company, Godrej Consumer Products, Johnson & Johnson, Revlon, Avon Products and Procter & Gamble. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global hair color market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Key queries answered in this global hair color market report

  1. Present and future hair color market outlook in the developed and emerging markets
  2. Investigating various perceptions of the market with the help of Porter’s five forces analysis
  3. Key market trends across the segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
  4. Detailed Overview of regions that are projected to witness fastest growth during the forecast period
  5. Key developments and strategies employed by the major market players.
  6. What are the industry opportunities for the existing and entry level players?

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