NEW YORK, March 5, 2021 /PRNewswire/ -- The global hair color market is expected to grow by USD 13.75 billion during 2021-2025 as per Technavio. This marks a significant market slow down compared to the 2020 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of almost 8%.
Read the 120-page report with TOC on "Hair Color Market Analysis Report 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), and the Segment Forecasts,2021-2025". Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales and supply functions. https://www.technavio.com/report/report/hair-color-market-industry-analysis
The hair color market is driven by the innovation in product formulation and formats. In addition, the growth in the novelty color segment as a premium product is anticipated to boost the growth of the hair color market.
The market is driven by innovations in product formulation, composition, and the format. The formulation of hair color is done in two stages such as development and formulation. During the process of the formulation, special attention needs to be given to factors such as dye stability, color wearability on hair, light fading, and rheology of the product. The innovation is brought about in the shades of the finished product. Hair brightness enhancements, a variant of hair color, are the most widely used product in the market. These innovations have led to an increase in customer acquisition, product visibility, and adoption rate, driving the price quotient of the market.
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Combe Inc. operates business through the Unified segment. The company offers key products under the brand name Just For Men.
Coty Inc. operates business through Consumer Beauty, Luxury, and Professional Beauty. The company offers key products under the brand name Wella Professionals.
Henkel AG & Co. KGaA
Henkel AG & Co. KGaA operates business through Adhesives for Consumers, Craftsmen and Building, Industrial Adhesives, and Laundry & Home Care. The company offers key products under the brand's name Schwarzkopf.
Kao Corp. operates business through Cosmetics Business, Skin Care and Hair Care Business, Human Health Care Business, Fabric, and Home Care Business, and Chemical Business. The company offers key products under the brand name Liese.
New Avon Co.
New Avon Co. operates business through Personal care products. Key products offered by the company include Root Touch-Up and Avon CHI Essentials Hair Color.
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Global Hair Masks Market- The hair masks market is segmented by distribution channel (offline and online), geography (North America, Europe, APAC, South America, and MEA), application (individual and professional), product (strengthening hair mask and a moisturizing hair mask), and key vendors. Get an Exclusive Free Sample Report
Global Skincare Products Market- The skin care products market is segmented by product (face skincare products and body skincare products), distribution channel (offline and online), product specification (skin brightening products, anti-aging skincare products, sun protection products, moisturizers, and others), geographic landscape (APAC, Europe, North America, South America, and MEA), and key vendors. Get an Exclusive Free Sample Report
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