Hair Color Market 2022-2026: 30% of Market Growth will Develop in Europe

The hair color market share is set to grow up to USD 18.09 billion, accelerating at a CAGR of almost 8.21% during the forecast period. Technavio's research report analyses the growth trajectory of the market with a purview of prevalent market scenarios. It provides a detailed analysis of hair color market trends, drivers, and challenges that will impact the market during the forecast period.

The report also offers a breakdown of all the regional players and their market share along with the best-performing segments. This detailed analysis will help businesses identify areas of high growth as well as those with significant growth potential.

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Hair Color Market: Europe to lead market growth during the forecast period

• The market is segmented by Product (Permanent, Semi-permanent, Temporary, and Highlights and bleach), End-user (Women, Men, and Unisex), and Geography (Europe, North America, APAC, South America, and Middle East and Africa).
• The hair color market growth in the permanent segment will be significant during the forecast period.
• 30% of the market growth will originate from Europe during the forecast period. The UK is the key market for hair color in Europe. 
• Factors such as the intense competition among vendors, leading to the expansion of distribution networks and the adoption of multichannel marketing strategies, especially in Western European countries will facilitate the hair color market growth in Europe.
• The hair color market report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Hair Color Market size.
• Innovation in product formulation and formats will be a significant factor in driving the growth of the hair color market. 

Hair Color Market: Vendor Landscape

The hair color market is fragmented and the vendors are deploying growth strategies such as focusing on product innovations by bringing about the concept of product differentiation and new product developments to compete in the market. 

Some of the major hair color market vendors are Amway Corp., Avon, Cadiveu Professional, Chatters Ltd. Partnership, Coty Inc., The Estee Lauder Co. Inc., Godrej and Boyce Manufacturing Co. Ltd., Henkel AG and Co. KGaA, Hoyu Co. Ltd., John Paul Mitchell Systems, Kao Corp., LOreal SA, Madison Reed Inc., Moroccanoil Inc., NATULIQUE Ltd., NATURIGIN, Revlon Inc., Shiseido Co.Ltd., Surya Brasil, Tints of Nature, Tish and Snookys NYC Inc., and Unilever PLC.

Download the Free PDF sample report for highlights on the market size, growth momentum, regional growth opportunities, vendor analysis, and other factors influencing the growth of the market.  

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerating at a CAGR of 8.21%.
    
2. What is the incremental growth of the market?
   The market is expected to grow up to USD 18.09 billion.
    
3. What is a key factor driving this market?
   Innovation in product formulation and formats will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   Europe, North America, APAC, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market?
   30% growth will originate from Europe.
    
6. Who are the leading market vendors?
   The leading vendors in this market are Amway Corp., Avon, Cadiveu Professional, Chatters Ltd. Partnership, Coty Inc., The Estee Lauder Co. Inc., Godrej and Boyce Manufacturing Co. Ltd., Henkel AG and Co. KGaA, Hoyu Co. Ltd., John Paul Mitchell Systems, Kao Corp., LOreal SA, Madison Reed Inc., Moroccanoil Inc., NATULIQUE Ltd., NATURIGIN, Revlon Inc., Shiseido Co.Ltd., Surya Brasil, Tints of Nature, Tish and Snookys NYC Inc., and Unilever PLC.
    
7. What are the market segments covered in this report?
   The market is segmented by Product (permanent, semi-permanent, temporary, and highlights and bleach), End-user (women, men, and unisex), and Geography (Europe, North America, APAC, South America, and MEA).