World Hair Color Market to Register 8.45% CAGR to 2021, Projects Infiniti Research in Its New Report Available at MarketPublishers.com30 Jun 2017 • by Natalie Aster
LONDON – The world hair color market to is set to gain momentum, registering an 8.45% CAGR through 2021.
One of the main factors stimulating the market growth is the innovation in product formulation and formats, which is mainly implemented in the shades of finished goods. To date, the majority of hair color producers make hair colors that aid in brightening the hair in tandem with the variants that claim to be long-acting, herbal, and easy-to-use. These innovations have resulted in an upsurge in product visibility and customer purchases, which gives a boost to the hair color marketplace. Meantime, the limited pool of consumer of premium and novelty hair colors in the developing world could hinder the sector’s growth.
Geography-wise, the Americas will likely be the leading market for hair colors by revenue in the offing. Factors like the presence of the dominant players across the countries of North America and the enhanced uptake in the region propel the expansion and growth of the market. Furthermore, the growth in promotional and marketing efforts by top vendors via different digital platforms is also poised to boost hair color sales in the Americas.
The market is very competitive and the leading players are competing with respect to product offerings and differentiation. Kao Corporation, L’Oréal, Henkel and Coty are the leading market participants. Other outstanding vendors include Cadiveu Professional USA, World Hair Cosmetics (Asia), Avon Products, Johnson & Johnson, Chatters, Shiseido Company, Estée Lauder Companies, Combe, Godrej Consumer Products, Conair, Revlon, and Toni & Guy Hairdressing.
New market research study “Global Hair Color Market 2017-2021” drawn up by Infiniti Research is devoted to a deep evaluation of the present-day performance and the growth prospects of the market to 2021 from pole to pole with a focus on key regions.
The research report limelights the factors fuelling the world hair color market, key trends shaping the industry, as well as the challenges to the market growth. It also examines the trending factors impacting the shares of Americas, Asia-Pacific, MEA and Europe in the overall hair color market. The report also offers an overview of the top vendors active in the market, covering the weaknesses and strengths, and also pinpoints the opportunities and threats faced by the players.
More new market research studies by the publisher is available in Infiniti Research catalogue at MarketPublishers.com.