Market Size of Europe Hair Colorants Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.10 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Hair Colorants Market Analysis
- During the time frame of the forecast, the Europe Hair Colorants Market is expected to register a CAGR of 5.1%.
- The market is driven by the increasing number of fashionable trends, changing lifestyles in emerging economies, and rising urbanization, which is boosting the adoption rate of hair colors across the region. Moreover, the rising penetration rate of professional salons and spa services is expected to fuel the growth of the European hair color market. Furthermore, extensive research and development in the field to meet the customer's need for a chemical-free coloring product have further fueled the market's growth. Thus, the new product offerings focused on herbal and natural ingredients, promoting hair growth. Also, other players, such as Kao Corporation, offer a new hair coloring product, Pure Pigments, which uses "HD3 Dye Technology" based on new nonreactive hair dye developed through joint research with FUJIFILM Corporation and the Dresden University of Technology in Germany.
- One of the key factors driving growth in the hair color market is innovation in product formulation and format. Hair color is available in pre-measured sachets that are convenient to use. Presently, most hair color manufacturers produce hair colors that help brighten the hair, contributing to the popularity of the product among consumers. This is followed by hair color variants that claim to be long-lasting, easy to use, and herbal. These innovations have led to an increase in customer acquisition, product visibility, and adoption rate, driving the price quotient of the market. Moreover, companies are making innovations in hair color products by carefully opting for ingredients that are gentle on hair and provide results in a shorter period of time.
Europe Hair Colorants Industry Segmentation
Hair colorants provide a range of commercial products capable of coloring the hair in various shades and tints, ranging from very light blonde to black, passing through a range of tones, like golden ash, reddish, mahogany, violet, etc. The European hair colorants market is segmented by product type, distribution channel, and country. By product type, the market is further segmented into bleachers, highlighters, permanent colorants, semi-permanent colorants, and other product types. By distribution channel, the market is further segmented into supermarkets and hypermarkets, convenience stores, specialist retailers, online retail stores, and other distribution channels. Also, the study analyzes the hair colorants market in emerging and established markets across Europe, including the United Kingdom, Germany, France, Spain, Italy, Russia, and the Rest of Europe. For each segment, market sizing and forecasts have been done based on value (in USD million).
Product Type | |
Bleachers | |
Highlighters | |
Permanent Colorants | |
Semi-Permanent Colorants | |
Other Product Types |
Distribution Channel | |
Supermarkets/Hypermarkets | |
Convenience Stores | |
Specialist Retailers | |
Online Retail Stores | |
Other Distribution Channels |
Country | |
United Kingdom | |
Germany | |
France | |
Spain | |
Italy | |
Russia | |
Rest of Europe |
Europe Hair Colorants Market Size Summary
The European hair colorants market is poised for steady growth, driven by evolving fashion trends, urbanization, and changing consumer lifestyles. The increasing popularity of professional salons and spa services further propels market expansion. Innovations in product formulation, such as the introduction of herbal and natural ingredients, cater to the growing demand for chemical-free options. Companies like Kao Corporation are at the forefront, utilizing advanced technologies like "HD3 Dye Technology" to enhance product offerings. The market is characterized by a shift towards convenience, with pre-measured sachets and long-lasting, easy-to-use variants gaining traction. This focus on innovation and consumer-centric products has significantly boosted market visibility and adoption rates.
The market landscape is highly competitive, with major players such as L'Oréal S.A., Henkel AG & Co. KGaA, and Revlon, Inc. leading the charge. These companies are actively engaging in strategic initiatives like mergers, acquisitions, and new product developments to strengthen their market presence. The permanent hair color segment, driven by an aging population and rising disposable incomes, remains dominant. However, safety concerns over oxidative dyes have led to the development of safer alternatives. Sustainability is also a key focus, with companies like Umberto Giannini adopting eco-friendly packaging solutions. The market's growth trajectory is supported by a combination of product innovation, strategic partnerships, and a commitment to addressing environmental concerns.
Europe Hair Colorants Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Product Type
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2.1.1 Bleachers
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2.1.2 Highlighters
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2.1.3 Permanent Colorants
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2.1.4 Semi-Permanent Colorants
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2.1.5 Other Product Types
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2.2 Distribution Channel
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2.2.1 Supermarkets/Hypermarkets
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2.2.2 Convenience Stores
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2.2.3 Specialist Retailers
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2.2.4 Online Retail Stores
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2.2.5 Other Distribution Channels
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2.3 Country
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2.3.1 United Kingdom
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2.3.2 Germany
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2.3.3 France
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2.3.4 Spain
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2.3.5 Italy
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2.3.6 Russia
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2.3.7 Rest of Europe
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Europe Hair Colorants Market Size FAQs
What is the current Europe Hair Colorants Market size?
The Europe Hair Colorants Market is projected to register a CAGR of 5.10% during the forecast period (2024-2029)
Who are the key players in Europe Hair Colorants Market?
L'Oréal S.A., Henkel AG & Co. KGaA, Revlon, Inc., Coty Inc. and Kao Corporation are the major companies operating in the Europe Hair Colorants Market.