India Hair Color Market to be Dominated by Permanent Hair Color During the Forecast Period
Rising usage of at-home
hair color products, hair-highlighting trend, increasing demand from ageing
population, and rising market for salon services are the various factors which
will drive the India Hair Color market during the forecasted years.
According to
TechSci Research report, “India Hair Color Market –By Region, Competition,
Opportunity, and Forecast, 2019-2029”. India Hair Color market is forecasted to
grow at an impressive CAGR during the forecast period due to rising fashion consciousness,
growing demand for herbal and organic hair color, rising focus on personal
grooming, growing popularity of hair color among both men and women, and rising
desire among consumers to experiment with different hair colors and styles.
The hair color
market in India refers to the industry that sells hair color in the form of
hair color powder, hair dyes, hair color cream, hair color spray, etc. Thus,
India hair color market in India will rapidly grow in the coming years.
The hair color
market in India is categorized into permanent hair color, semi-permanent hair
color, and temporary hair color. Among them, the permanent hair color segment accounts
for the largest share of the market and is expected to continue to grow in the
coming years. This is due to its long-lasting nature and its idealness in
covering grey hair. The temporary hair color segment is also growing, driven by
increasing demand for hair color products that can be easily washed out, offering
a quick solution for special occasions.
Some of the key
players in the India hair color market include L’Oréal India
Pvt Ltd, Godrej Consumer Products Ltd, Indus Cosmeceuticals Pvt. Ltd., CavinKare
Pvt. Ltd. and many others. These companies are constantly innovating and
introducing new products to cater to the changing needs and preferences of
Indian consumers.
The rise in populations’
hair-related problems is a significant additional factor. As a result, numerous
product developments have been made in response to customers' changing and
prevalent habits and preferences, hence boosting the demand for hair care
products. The country's fashion trends are also evolving, which motivates
manufacturers of hair color to launch innovative new products in response to
consumer demand.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "India Hair Color Market”
The demand of
hair color is India is being majorly driven by women, as women consumers are
considerably more familiar with their hair structure and appearance than men. Males
in India color their hair mostly to hide up grey hair. Additionally, men don't
need as many product variations as women do with longer hair, thus men's hair color
products are typically not available in as many product variations as those for
women.
The India Hair
Color market is segmented on the basis of product type, type, color type,
distribution channel, end user, and region.
On the basis of
product type, the market is fragmented into permanent hair color,
semi-permanent hair color, and temporary hair color. Among them, permanent hair
color is dominating due to the long-lasting nature and the fact that it is particularly
ideal for covering grey hair.
The market is
segmented into supermarkets/hypermarkets, departmental stores, drug stores
& pharmacies, traditional retail stores, online, and non-retail on the
basis of distribution channel. Among them, online distribution channel is
forecasted to register a faster expansion among the young population in
India.
On the basis of
region, the market is divided into North, South, East, West.
Key market
players in the India hair color market include:
- L’Oréal India
Pvt Ltd, Godrej Consumer Products Ltd
- Modi
Mundipharma Beauty Products Limited (Revlon)
- Hygienic
Research Institute Pvt. Ltd. (Streax)
- Coty
India Beauty and Fragrance Products Private Limited (Wella)
- ColorBar
Cosmetics Pvt. Ltd.
- Indus
Cosmeceuticals Pvt. Ltd. (Indus Valley)
- Honasa
Consumer Limited (BBlunt)
- Henna
Industries Pvt Ltd (Color Mate)
- CavinKare
Pvt. Ltd.
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“Over the coming
years, the market for hair color in India is anticipated to expand
significantly as a result of the ageing population, along with increased
spending on hair care products like hair color. Furthermore, the market is
expected to benefit significantly from distinct product innovations such as
anti-breakage hair color, shampoo hair color, etc. made by leading competitors. The
industry is expanding due to the increased popularity of temporary hair
color among middle-class consumers and their lower cost compared to
permanent hair colors.” said
Mr. Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“India Hair Color Market,
By Product Type (Permanent Hair Color, Semi-Permanent Hair Color, Temporary
Hair Color), By Type (Liquid, Cream, Powder, Spray), By Color Type (Black, Red,
Brown, Burgundy, Others), By Distribution Channel (Supermarkets/Hypermarkets,
Departmental Stores, Drug Stores & Pharmacies, Traditional Retail Stores, Online,
Non-Retail), By End User (Individual Consumer, Beauty Salons, Entertainment
& Fashion Industry), By Region, Competition, Forecast & Opportunities, 2019-2029F”, has evaluated the future growth
potential of hair color in India and provides statistics and information on market structure, size, share
and future growth. The report is intended to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities present in India Hair Color market.
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