DUBLIN, Nov. 26, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/gm59hr/global_hair_color) has announced the addition of the "Global Hair Color Market - Market Analysis 2015-2019" report to their offering.
The global hair color market to grow at a CAGR of 9.22% over the period 2014-2019.
Global Hair Color Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, Europe, and ROW; it also covers the landscape of the global hair color market and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.
Plant-derived color is increasing in demand in the hair color market. Consumers now prefer to use natural and herbal coloring agents for their hair. The usage of natural and herbal colors is less harmful than synthetic colors, as natural colors are ammonia-free. This emerging demand has motivated manufacturers to introduce plant-extracted colors to their product portfolios. This particular product category of hair color is expected to drive market growth in the near future.
According to the report, sales from the middle class for personal and beauty care products accounted for nearly half of the total revenue in the market. The hair color market has also seen similar revenue from the middle-class population. The increase in disposable income in the middle class is allowing them to spend more on personal grooming. Three billion people are projected to join the middle class over the next 20 years.
Further, the report states that growing health consciousness among consumers has become a challenge for hair color vendors. Health disorders caused by hair dyes are a major concern for consumers. Asthma, severe allergic reactions, non-Hodgkin's lymphoma, and breast cancer are some major diseases caused by hair dyes.
To calculate the market size, the report considers revenue generated from sales of the following through retail and professional salons:
- Permanent hair color
- Semi-permanent hair color
- Temporary hair color
- Hair highlights and bleach
- Procter & Gamble
Other prominent vendors
- Avon Products
- Cadiveu Professional USA
- Chatters Canada
- Estée Lauder
- Godrej Consumer Products
- Johnson & Johnson
- Toni & Guy Hairdressing
- World Hair Cosmetics (Asia)
For more information visit http://www.researchandmarkets.com/research/gm59hr/global_hair_color
Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets