Europe Hair Color Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type (Permanent, Semi-Permanent, and Temporary), Type (Powder, Cream, and Others), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
The Europe hair color market is expected to reach US$ 7,706.36 million by 2028 from US$ 5,306.12 million in 2022; it is estimated to grow at a CAGR of 6.4% from 2022 to 2028.
The demand for hair colors is high in the aging and young millennial population. As these populations are increasing, players operating in the market are launching new and innovative hair color products to cater to the rising demand. In March 2018, Kao Corporation launched the new hair coloring product “@Pure Pigments” under its professional salon hair care brand “GOLDWELL” in Europe. The new product uses the HD3 Dye Technology, based on a new nonreactive hair dye developed through joint research with FUJIFILM Corporation and Dresden University of Technology in Germany. The technology elevates hair color with vibrancy and brilliance and makes it possible to have a wide range of colors and hues with a multi-dimensional color result. Hence, the launches of new hair color products would offer lucrative opportunities for the Europe hair color market growth during the forecast period.
Europe Hair Color Market Revenue and Forecast to 2028 (US$ Million)
Europe Hair Color Market Segmentation
The Europe hair color market is segmented on the basis of product type, type, distribution channel, and country. Based on product type, the market is segmented into permanent, semi-permanent, and temporary. In 2022, the permanent segment dominated the market. Based on type, the market is segmented into powder, cream, and others. In 2022, the cream segment led the market. Based on distribution channel, the Europe hair color market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. In 2022, the supermarkets and hypermarkets segment held the largest market share.
Based on country, the Europe hair color market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Germany is leading the market with a substantial share in 2022.
Coty Inc; Henkel AG and Co KGaA; Koa Singapore Pte.Ltd; Revlon,Inc; Hygienic Research Institute Pvt Ltd; Loreal S.A; Wella Operation US LLC; Unilever PLC; and PZ Cussons Beauty LLP are among the leading companies in the Europe Hair Color market.
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