MEA Hair Colorants Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.20 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
MEA Hair Colorants Market Analysis
The Middle East and Africa Hair Colorants Market is projected to grow at a CAGR of 5.2% during the forecast period (2020 - 2025).
- The growing use of hair color by the aging population to cover their grey hair is the primary driver for the growth of the hair color market. An increasing number of the millennial population is adopting trendy fashion which includes coloring the hair in appealing colors.
- Changing lifestyles, rising urbanization, and the growing youth population in emerging economies is driving the hair color market.
- However, stringent cosmetics regulations are likely to have a negative impact on the manufacturing of hair colorants in the near future.
MEA Hair Colorants Market Trends
This section covers the major market trends shaping the MEA Hair Colorants Market according to our research experts:
Increasing Demand for Permanent Colorants
Increased incidence of grey hair among the young working population due to stress and improper diet is primarily driving the market as the youngsters are very conscious. Permanent hair colorants offer long-lasting hair color, which is why the demand for the category has inflated. Social media penetration and advertisement have further fueled the beauty and personal care market including hair colorants in the region. Rapidly changing lifestyles, owing to urbanization in the emerging market, demands products such as hair colorant which provide stylish looks.
Supermarket/Hypermarket Drives the Sales of Hair Colorants
Owing to a huge retail space catering to a wide variety of preferences, the supermarkets/ hypermarkets are dominant channels for the sales of hair colorants. The factors, such as business expansion, rising number of hypermarkets and supermarkets add to the sales of these retail formats and significantly contribute to the growth of their overall market. The availability of a variety of brands has been a key factor for the increasing consumer preferences, as customers want to make fewer trips to the store and receive more value for their money, which, in turn, has also increase the sales. Thus, customers find it beneficial to shop from such retail stores, as they offer attractive discount offers and schemes.
MEA Hair Colorants Industry Overview
The market of hair colorants is competitive as the major players are trying to cater to the demands of the consumers in terms of color options, offering safer products for use at the same time. The key palyers are Henkel AG & Co. KGaA, L'Oreal S.A, Kao Corporation and Avon Products, Inc.
MEA Hair Colorants Market Leaders
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Henkel AG & Co. KGaA
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L'Oreal S.A
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Kao Corporation
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Hoyu Co., Ltd.
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Avon Products, Inc.
*Disclaimer: Major Players sorted in no particular order
MEA Hair Colorants Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions & Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Product Type
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5.1.1 Bleachers
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5.1.2 Highlighters
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5.1.3 Permanent Colorants
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5.1.4 Semi-Permanent Colorants
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5.1.5 Others
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5.2 By Distribution Channel
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5.2.1 Supermarkets/Hypermarkets
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5.2.2 Convenience Stores
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5.2.3 Specialist Retailers
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5.2.4 Online Stores
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5.2.5 Others
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5.3 Geography
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5.3.1 Middle East and Africa
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5.3.1.1 Saudi Arabia
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5.3.1.2 South Africa
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5.3.1.3 United Arab Emirates
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5.3.1.4 Qatar
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5.3.1.5 Rest of Middle East and Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Share Analysis
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6.3 Company Profiles
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6.3.1 Henkel AG & Co. KGaA
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6.3.2 L'Oreal S.A
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6.3.3 Hygienic Research Institute Pvt Ltd
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6.3.4 Laboratorios Phergal
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6.3.5 Hoyu Co., Ltd.
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6.3.6 Avon Products, Inc.
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6.3.7 Kao Corporation
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
MEA Hair Colorants Industry Segmentation
The Middle East and Africa colorants market is segmented by product type into bleachers, highlighters, permanent colorants, semi-permanent colorants, and others. By distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, specialist retailers, online stores, and others. The study also involves the analysis of regions such as South Africa, Saudi Arabia, the United Arab Emirates, Qatar, and rest of the Middle East and Africa.
| By Product Type | |
| Bleachers | |
| Highlighters | |
| Permanent Colorants | |
| Semi-Permanent Colorants | |
| Others |
| By Distribution Channel | |
| Supermarkets/Hypermarkets | |
| Convenience Stores | |
| Specialist Retailers | |
| Online Stores | |
| Others |
| Geography | |||||||
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MEA Hair Colorants Market Research FAQs
What is the current Middle East and Africa Hair Colorants Market size?
The Middle East and Africa Hair Colorants Market is projected to register a CAGR of 5.20% during the forecast period (2024-2029)
Who are the key players in Middle East and Africa Hair Colorants Market?
Henkel AG & Co. KGaA, L'Oreal S.A, Kao Corporation, Hoyu Co., Ltd. and Avon Products, Inc. are the major companies operating in the Middle East and Africa Hair Colorants Market.
What years does this Middle East and Africa Hair Colorants Market cover?
The report covers the Middle East and Africa Hair Colorants Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Middle East and Africa Hair Colorants Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
MEA Hair Color Industry Report
Statistics for the 2024 MEA Hair Color market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. MEA Hair Color analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
