South & Central America 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 South & Central America hair color market is expected to reach US$ 3,512.52 million by 2028 from US$ 2,585.34 million in 2022; it is estimated to grow at a CAGR of 5.2% 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. Further, in 2020, Revlon launched breakthrough vegan hair color Total Color. It is the first clean and vegan permanent hair color that delivers 100% full coverage. 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 South & Central America hair color market growth during the forecast period
South & Central America Hair Color Market Revenue and Forecast to 2028 (US$ Million)
South & Central America Hair Color Market Segmentation
The South & Central America 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 South & Central America 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 South & Central America hair color market is segmented into Argentina, Brazil, and the Rest of South & Central America. Brazil is leading the market with a substantial share in 2022.
Arctic Fox; Coty Inc; Henkel AG and Co KGaA; Koa Singapore Pte.Ltd; Revlon,Inc; Loreal S.A; Wella Operation US LLC; Unilever PLC; and PZ Cussons Beauty LLP are among the leading companies in the South & Central America Hair Color market.
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