Men’s Hair Color Market Research Report Forecast till 2030
Market Overview
The worldwide Men's Hair Color market is projected to enlist a CAGR of 7.15% and arrive at a worth of USD 864.06 million by 2030. Hair coloring is an in-vogue trend that can be completed expertly by a hairdresser or independently at home. Hair coloring is progressively acquiring acknowledgment among the male populace. Men's hair color is accessible in different types including extremely durable and semi-long-lasting hair color, brief hair color, and root final details.
The developing inclination for men's preparation is one of the main considerations for the rising development of the worldwide men's hair color market. Moreover, expanding proficient salon administrations for men is driving market development. The worldwide men's hair color market is assessed to arise rewarding for the vendors dynamic both in created and creating economies because of new product dispatches and expanding interest for natural products and impact of online entertainment and imaginative marketing techniques.
Market Segmentation
Based on product type, the worldwide Men's Hair Color market is segmented into long-lasting and semi-super durable hair color, impermanent hair color, root clean-up, and others.
By class, the market is segmented into regular and normal, and natural.
In terms of structure, the worldwide market is segmented into powder, cream and gel, and others.
In view of end users, the worldwide Men's Hair Color market is segmented into household and business.
In view of the distribution channel, the worldwide Men's Hair Color market is classified into everyday store-based and non-store-based.
Regional Analysis
North America is representing 44.10 % of the market extent in the extended time of 2021 and it is projected to grow at a high CAGR of 6.96% during the estimated time of 2022-2030. Coty, Inc., Only for Men, and Combe Consolidated are a portion of the key producers present in the region. The rising trend of self-preparing among the male populace alongside developing extra cash is driving market development. Another component trending in the North American market is the launch of expert hairdressing salons to focus on a mass customer base. Additionally, the developing geriatric populace is supposed to emphatically influence the development of the North American men's hair color market. As per the Populace Reference Agency (PRB), the geriatric populace in the US is projected to reach 22% of the all-out populace in 2050 from 16% in 2018.
Europe is likewise representing a critical market share in the worldwide Men's Hair Color market in the extended time of 2021 and is supposed to develop at a CAGR of 7.35% during the gauge time frame. As per the Unified Countries Populace Information, one of every four Europeans is matured 60 and over.
Major Players
The competitors in the global Men’s Hair Color market include L’Oréal S.A.(France), Revlon (US), Coty, Inc. (UK), Indus Valley (India), Combe Incorporated (US), John Paul Mitchell (US), Cover Your Gray (US), Kao Corporation (Japan), and Hoyu Co. Ltd (Japan) Natulique aps (Denmark).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Companies Mentioned
L’Oréal S.A.(France)
Revlon (US)
Coty Inc. (UK)
Indus Valley (India)
Combe Incorporated (US)
John Paul Mitchell (US)
Cover Your Gray (US)
Kao Corporation (Japan)
and Hoyu Co. Ltd (Japan) Natulique aps (Denmark)
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