Hair Colour Market Focusing on Trends & Innovations during the Period Until 2022

Published: Fri Apr 26 2019

The report studies the "Hair Colour Market" worldwide, especially in North America, Europe, Southeast Asia, India and Other Regions with production, size, growth, revenue, consumption, import and export in these regions. The intelligent report also anticipates that the market would grow at a constructive CAGR until 2022. In order to study the various trends and patterns prevailing in the concerned market, Fact.MR has included a new report titled "Hair Colour Market Focusing on Trends & Innovations during the Period Until 2022". This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.

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According to a study by Fact.MR, the global market for hair colour is likely to experience strong growth. The market is projected to bring in US$ 3,117.4 million revenue by 2022 end. One of the latest trends that have gained traction is the demand for organic or natural hair colour. Being less harmful as compared to the synthetic colours, manufacturers are also moving towards introducing hair colour made using organic ingredients.

Hair colour includes various chemical compounds which are mixed together to produce various types of colour that can be applied on the hair. Hair colours are of various types such as permanent, semi-permanent, demi-permanent, temporary, bleach highlights. Both chemical and natural hair colours are available in the market, however, the majority of the customers are using natural or organic hair colour as they are less damaging to the hair. Meanwhile, chemicals used in hair colour can cause various problems such as hair breakage, skin allergy and irritation, skin discolouration, etc.

Due to the various health concerns, people are using natural hair colours instead of chemical hair colours, hence leading market players have also started focusing on producing organic hair colours using different types of herbs. New products in form of kit including all the natural ingredients are also being produced. Hair colour producers are also offering other products along with the hair colour which helps in maintaining the hair colour for a long time such as colour-protecting shampoo, conditioners, etc. Production of hair colour also differs on the basis of application techniques including off-scalp and on-scalp colouring technique.

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Compared to the various types of hair colours available in the market, permanent hair colour is likely to experience healthy growth throughout the forecast period. Gaining close to two-fifth of the share in terms of the revenue by 2017 end, permanent hair colour products are projected to create more than US$ 500 million incremental opportunity during 2017-2022.

Natural Hair Colour to Gain Maximum Traction in the Global Hair Colour Market

Natural hair colour is likely to gain half of the share in terms of the revenue by 2017 end. Natural hair colour is also projected to surpass US$ 1,600 million value towards 2022 end.

Female Hair Colour to Witness Robust Growth

Female hair colour compared to male and unisex hair colour is likely to experience substantial growth in the global market for hair colour. By 2022 end, female hair colour is projected to exceed US$ 1,100 million revenue. Meanwhile, male hair colour is also likely to gain nearly one-third of the share in terms of the revenue by 2017 end.

Specialty Stores to Emerge as the largest Distribution Channel

Among various distribution channels, specialty stores are likely to emerge as one of the largest distribution channels. Specialty stores are projected to surpass US$ 1,000 million revenue by 2022 end. Meanwhile, sales of hair colour through online is also likely to experience healthy growth during 2017-2022.

The report also profiles companies that are expected to remain active in the expansion of global hair colour market through 2022, which include Kao Corporation, Henkel AG & Co. KGaA, L’Oréal S.A, Avon Products, Inc., Estee Lauder Cos., Inc., Coty Inc., Combe Incorporated, Revlon, Inc., Godrej Consumer Products Limited, and Shiseido Company, Limited.

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