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The hair color market size has surged to increase by USD 9.86 billion at a CAGR of 5.78% between 2023 and 2028 showing a YOY growth of 4.67%.
Rising demand for novelty hair colors leading to segment premiumization is notably driving the market growth. Novelty hair colors have shown significant growth over a period. These products have gained popularity and visibility, particularly among male customers. Men mostly use novelty hair colors as a fashion statement because they are trendy and have a high aesthetic appeal. These hair colors include blue, orange, yellow, and purple. This type of hair color is most popular among millennials. It has gained business not only in the developed countries of North America and Europe but also has considerable penetration in APAC countries. However, the high demand for these colors across the region makes them more expensive than regular hair colors. This will propel the growth of the hair color market concerning price during the forecast period.
| Page Number | 171 |
| Forecast period | 2024-2028 |
| Historic period | 2018 - 2022 |
| List of Charts and Table | 183 |
| Growth momentum & CAGR | 5.78% |
| Market Growth 2024-2028 | USD 9.86 billion |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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