What is the current Hair Colorants Market size?

The Hair Colorants Market is projected to register a CAGR of 5.48% during the forecast period (2024-2029) Read More

Who are the key players in Hair Colorants Market?

Henkel AG & Co. KGaA, L'Oréal S.A, Mandom corp., Wella Operations Us LLC and Revlon Inc. are the major companies operating in the Hair Colorants Market. Read More

Which is the fastest growing region in Hair Colorants Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Hair Colorants Market?

In 2024, the Europe accounts for the largest market share in Hair Colorants Market. Read More

What years does this Hair Colorants Market cover?

The report covers the Hair Colorants Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Hair Colorants Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Hair Colorants Market Trends

Statistics for the 2023 & 2024 Hair Colorants market trends, created by Mordor Intelligence™ Industry Reports. Hair Colorants trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

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Market Trends of Hair Colorants Industry

Enhanced Self-Grooming Focus Bolstered Market Growth

The increasing consciousness among consumers about their personal wellness and physical appearance is inducing spending on hairdressing salons and personal grooming establishments. Salon services can be professional, attentive, and relaxing for consumers, thus placing higher demand.
Moreover, the greater penetration of mobile phones and enhanced internet usage, coupled with the rising influence of social media platforms, drive the sales of hair colorants through e-commerce channels. Consumers today are highly well-informed regarding the chemical formulations in their hair products and considerably opt for professional services at salons.
As a result, they are taking great interest in clean hair products that do not irritate the skin or have no allergic reactions. Safety is another factor considered while selecting hair colorants, along with ease of use and the long-lasting color that consumers prefer the most today.

Hair Colorants Market: Consumer Spending on Hairdressing Salons and Personal Grooming Establishments, in Million GBP, United Kingdom, Q2 2021-Q2 2022

Understand The Key Trends Shaping This Market

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Asia Pacific is the Fastest Growing Market Among All Regions

The increasing population in the Asia-Pacific region, especially in emerging countries like China and India, coupled with rapidly changing lifestyles and urbanization, is generating higher demand for hair colorants. The increasing influence of celebrities on millennials to keep up with fashion trends bolstered market growth.
Moreover, leading players operating in the industry are focusing on aggressive marketing campaigns and R&D to launch innovative products that meet customer demands. Due to the availability of customized solutions, like hair highlights, that meet the diverse demands of the entire demography, the market for hair colorants has experienced a tremendous expansion in recent years.
According to the Ministry of Finance of the People's Republic of China, the total public spending on hygiene/personal care and health care in 2021 for China was estimated to be CNY 1.92 trillion (USD 295.68 billion).