About Hair Colors and Dyes
Hair colors and dyes are cosmetic products that are widely used for hair coloring. Hair color or dyes have become an important part of human civilizations as it is mostly preferred during festivals, events, and many more. Hair colorant industry is focusing on the development of economical and natural hair dyes to meet the increasing demand of natural hair colors among the end users. Hair dyes or colors are mostly used by the elder population to cover gray or white hair and change to the color regarded more fashionable or desirable.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.6% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Hair Colors and Dyes market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
L’Oreal (France), Revlon (United States), The Estée Lauder Companies (United States), Henkel (Germany), Indus Valley (India), Streax (India), Godrej Group (India), Avon Products (United Kingdom), Kao Corporation (Japan), Shiseido (Japan), Coty (United States) and Zoic Cosmetics (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Colornow (Canada) and ColorOnly (United States).
Segmentation Overview
AMA Research has segmented the market of Global Hair Colors and Dyes market by Type (Temporary, Permanent and Semi-Permanent), Application (Household and Commercial) and Region.
On the basis of geography, the market of Hair Colors and Dyes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Organic will boost the Hair Colors and Dyes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Powder will boost the Hair Colors and Dyes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Hair Colors and Dyes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Gender, the sub-segment i.e. Men will boost the Hair Colors and Dyes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Innovation and Development of Specially Formulated Hair Dye that is Responsive to Temperature
Market Growth Drivers:
Increased Adoption of Women Hair Colors or Dyes Due to Growing Popularity of Hair Coloring Among Women and Growing Popularity of Temporary or Semi-Permanent Hair Colors or Dyes
Challenges:
High Cost of Hair Coloring and Maintenance of Colored Hair May Create Challenges
Restraints:
Increasing Risk of Cancer or Other Health Effects Due to Availability of Hazardous Chemicals
Opportunities:
Emerging Trend of Herbal and Organic Hair Colors or Dye Among the Consumers
Market Leaders and their expansionary development strategies
In September 2021,LG Household & Health Care Ltd., a division of LG in Korea, has closed its deal to acquire a 56% stake in Boinca Inc., the US manufacturer that owns hair care brand Arctic Fox. The deal was valued at USD 100 million, according to Brutzkus Gubner, which represented Boinca in the deal.
In January 2023, Clairol has debuted three products that deliver salon-quality color and style from home.Informed by customer needs and insights, Root Touch Up Color + Volume 2-in-1 Spray; Natural Instincts Bold; and Blonde It Up Crystal Glow Toners work on an array of hair types and textures.
The US FDA department amended the color additive regulations to no longer provide for the use of lead acetate in cosmetics intended for coloring hair on the scalp. This includes most of products belongs to coal-tar hair dyes category.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Hair Colors and Dyes Manufacturers, Suppliers and Distributors, Venture Capitalists and Private Equity Firms, Government Bodies and Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.