Hair Color Market 2019
The hair care industry is becoming very popular these days. The industry is also known as hair die or hair colorant. The Hair Color industry is a part of the hair care industry. The haircare industry includes five subcategories, such as hair color, hair styling products, hair oil, shampoo, and hair conditioner. According to an estimation, hair colors contributes more than 20% of the hair care industry. The increasing trend of hair care can be seen across the globe owing to the aging population base. The growing demand for male grooming accessories is another cause contributing to the growth of the industry.
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Major market players of the industry are investing heavily in the research and development segment to improve the product quality and to minimize the adverse effects on hair. The long-lasting nature of new color products is encouraging people to adapt to this industry. The new innovative products are causing less harm to the elasticity and strength of the hair.
Though there are several concerns over the health effect of this product, the industry is growing impressively in a continues manner due to the evolution of organic products in the segment. The global industry is expected to show a compound annual growth rate (CAGR) of 8.45% during the forecast period.
Market Segmentation of the Global Hair Color Market
The global Hair Color market can be segmented based on application, product, and region.
By application, the market can be segmented into Touch-up for roots and grays, Highlighting, and Total gray coverage.
Among them, the total gray segment contributes to the major share in the market. The increasing adaptation to get a neutral color is the main reason behind the growth.
On the basis of product, the global market is segmented into Permanent, Temporary, Highlights and bleach, and Semi-permanent.
Permanent hair color contributed to the largest market share and expected to continue the lead in the forecast period.
Geographical Market Segmentation of the Global Hair Color Market
Geographical segmentation of the Hair Color industry includes regions like Europe, Indo Pacific, South America, North America, Europe, and the Middle East and African region.
Some of the focused countries in the report are Mexico, India, Japan, Australia, Canada, South Africa, Spain, the USA, the UK, China, France, Germany, Argentina, Brazil, and Italy.
The North American region covers the largest market share owing to the presence of key market players and technological advancement. The Indo Pacific region is anticipated to show the highest compound annual growth rate (CAGR) during the forecast period.
Current Happenings from the Global Hair Color Market
Madison Reed, a hair color company based in San Fransisco, is planning to expand its business very soon. The company started its activity in 2014. The company mostly sells products via online medium. The company has 11 salons as well. Currently, the company is planning to open 600 salons across the United States in the next four years. The salon will not include any haircut, and it will only sell and serve the hair coloring.
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Table of Contents – Major Key Points
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Market segmentation by product
PART 08: Market segmentation by product formulation
PART 09: Market segmentation by gender
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