Global Hair Color Spray Market; By Nature (Synthetic, Organic and Natural); By Distribution Channel (Online, Wholesale and Retail); and Region –Analysis of Market Size, Share & Trends for 2016 – 2019 and Forecasts to 2030
Hair color spray is an artificial or natural spray used by individuals to color their hair. This can be applied by individual or hair experts by simply spraying the required color spray directly to one’s hair. Hair color was initially used by individuals to cover the grey and white hair, but eventually, it gained traction among millennials who were conscious about their appearance in the public and prefer to color their hair with a different color.
This report anticipates the Hair Color Spray market to surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%. According to the report, this growth is anticipated due to advent of rising trend in hair coloration, and by the comfort and trouble-free shading of hair with the use of sprays. The industry sales have also been boosted by the newly developed products that offer a technologically enhanced value by key players like UV rays, scalp treatment and moisturizing of hair.
Hair Color Spray Market: Segments
Global market has been segmented on the basis of nature, Product type and by location. It has been further segmented on the basis of region into North America, Europe, Asia-Pacific, Mid East and Africa.
By Nature (in %), global Hair Color Spray Market, 2019
The synthetic segment is anticipated to register XX% of the volume share and is expected to grow at a highest CAGR.
Global Hair Color Spray Market is segmented by nature into: Synthetic, organic, and natural
The synthetic segment accounted for almost 40% of the market share as these products are comparatively cheaper and provide artificial color which can last long. Availability of different color and combination covering almost every shade is the major factor driving this segment. These color sprays can easily be removed and thus accounts for better user experience. However, the natural and organic segment hold a significant market share and is anticipated to grow at high CARG over the forecasted period owing to rising consumer’s awareness about the harmful effects of synthetic colors. They may seem efficient in the short run but actually prove harmful in the long run. Organic products which are completely derived from nature come with a low risk of hair problems and provide additional care to the hair by supplying the required nutrients.
Global Hair Color Spray Market: Market Dynamics
• Surging demand among all genders and among different age groups
The rise in per capita income encourage people them to spend more on personal care. Also, hair coloring and concerns related to dry hair will in the short term raise the market for hair color sprays. Demand for these color sprays is growing for women of the middle ages. In addition, the surge in demand for male grooming is anticipated to fuel the global market.
• High installation cost
Rising consciousness among individual regarding the harmful effects of synthetic hair sprays restrict the market growth. People are becoming aware about the chemicals present in the product which improves the hair quality only in short run but leads to several hair problems like restricted hair growth, hair fall and early stage hair loss in the long run. Therefore, people are shifting towards natural and organic hair colors which assist in long term hair growth and health hair life.
Global Hair Color Spray Market: Regions
Asia Pacific was the largest market accounting for XX% of total market volume share in 2019
Asia Pacific led the global market for global Hair Color Spray market films with XX% of the overall demand in 2019. With fast industrialization and urbanization, countries like India, China and many others have been the growing consumer leading to an improved standard of living and increasing demand for Hair Color Spray products and surging trend of the population for localized product. Moreover, celebrity endorsement in the Asian countries and surging demand for grooming cosmetics creates opportunities for key players and further help in expansion of the market in the region.
Global Hair Color Spray Market: Key Players
• Estee Lauder
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• L’Oréal S.A.
• Procter & Gamble
• Aveda Corporation
• Avalon Natural Products, Inc.
• Leonor Greyl USA
• Henkel Corporation
• Unilever Inc.
• Unilever group
• Coty Inc.
• Cobiosa Industrias Asociadas S.L.
• Other prominent players
The global Hair Color Spray market report also contains analysis on:
• Hair Color Spray Market Segments:
o By Nature:
o By Distribution channel:
• Hair Color Spray Market Dynamics
• Hair Color Spray Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints