Hair Color Spray Market Size
Study Period | 2018 - 2028 |
Base Year For Estimation | 2021 |
CAGR | 4.80 % |
Fastest Growing Market | Europe |
Largest Market | Asia Pacific |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Hair Color Spray Market Analysis
The global hair color spray market is projected to register a CAGR of 4.8% during the forecast period (2019-2024).
- The market is mainly driven by the increasing trend for temporary coloring of hair and the convenience and hassle-free method of coloring hair using the sprays. Also, newly developed products providing technologically enhanced performance by the key players such as UV ray protection, scalp care, and moisturizing benefits have fueled the market sales.
- Geographically, Asia Pacific dominates the global hair color spray market, owing to the convenience of the products and the growing domestic expansion by the key players of the market in this region. Europe, followed by North America, South America, and Middle East and Africa are expected to witness the highest growth rate from the last decade.
- However, the increasing consumer awareness regarding the adverse effects of chemicals present in these hair color sprays and the presence of other superior options such as organic and natural colors are available on the market is restraining the market growth for hair color sprays.
Hair Color Spray Market Trends
This section covers the major market trends shaping the Hair Color Spray Market according to our research experts:
Growing trend for temporary hair coloring
The growing awareness of the health hazards from the chemicals present in the permanent hair colors has led to a shift of the mindset of the consumers from the permanent to temporary colors. This shift has led to a growth of the hair color sprays as it offers convenience to the consumers in its hassle-free usage. Also, leading vendors operating in the global hair color spray market are extensively spending on R&D to enhance product performance and expand the existing temporary hair coloring product. These research centers identify the needs of consumers and develop product accordingly. Thus, all these technological advances will help in increasing the revenue for the global hair color spray market during the forecast period. Although the other hair coloring and competing products have grown their market share, hair color sprays have started increasing their position in the beauty market.
Asia-Pacific is the fastest growing market
Asia-Pacific is witnessed to have the fastest growth owing to the rising effectiveness of celebrity endorsements and the expansion and product launches by the key players in the market, along with the increasing demand for grooming cosmetics. Also, with the increasing internet penetration, online market for the purchase of commodities including hair color spray has seen a rapid growth globally in last 3-4 years. This category has attracted a few vertical specialists like Amazon, Walmart, Carrefour etc. who are riding on increasing e-retailing growth and vying for a significant pie in online consumer goods space.
Hair Color Spray Industry Overview
The global oil control lotion market is consolidated, owing to the presence of a smaller number of regional and domestic players. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. A few of the major players in the global market includes Unilever, L’Oréal, BBLUNT, and Henkel AG & Co. KGaA, among others.
Hair Color Spray Market Leaders
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Unilever
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L’Oréal
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BBLUNT
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Henkel AG & Co. KGaA
*Disclaimer: Major Players sorted in no particular order
Hair Color Spray Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Distribution Channel
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5.1.1 Offline Channel
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5.1.2 Online Channels
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5.2 Geography
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5.2.1 North America
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5.2.1.1 United States
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5.2.1.2 Canada
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5.2.1.3 Mexico
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5.2.1.4 Rest of North America
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5.2.2 Europe
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5.2.2.1 Spain
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5.2.2.2 United Kingdom
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5.2.2.3 Germany
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5.2.2.4 France
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5.2.2.5 Italy
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5.2.2.6 Russia
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5.2.2.7 Rest of Europe
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5.2.3 Asia Pacific
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5.2.3.1 China
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5.2.3.2 Japan
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5.2.3.3 India
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5.2.3.4 Australia
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5.2.3.5 Rest of Asia-Pacific
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5.2.4 South America
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5.2.4.1 Brazil
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5.2.4.2 Argentina
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5.2.4.3 Rest of South America
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5.2.5 Middle East and Africa
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5.2.5.1 South Africa
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5.2.5.2 Saudi Arabia
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5.2.5.3 Rest of Middle East and Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 L'Oreal
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6.4.2 Unilever
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6.4.3 BBLUNT
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6.4.4 Henkel AG & Co. KGaA
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6.4.5 Superdrug Stores plc
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6.4.6 Berina Cosmetics Pvt. Ltd.
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6.4.7 Dollar General Corporation
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6.4.8 Jerome Russell
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6.4.9 Eufora
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6.4.10 Morris Costumes
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Hair Color Spray Industry Segmentation
The global hair color spray market has been segmented by distribution channels into offline and online channels; and by geography which includes North America, Europe, Asia-Pacific, South America and Middle East and Africa.
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Offline Channel | |
Online Channels |
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Hair Color Spray Market Research FAQs
What is the current Hair Color Spray Market size?
The Hair Color Spray Market is projected to register a CAGR of 4.8% during the forecast period (2023-2028).
Who are the key players in Hair Color Spray Market?
Unilever, L’Oréal, BBLUNT and Henkel AG & Co. KGaA are the major companies operating in the Hair Color Spray Market.
Which is the fastest growing region in Hair Color Spray Market?
Europe is estimated to grow at the highest CAGR over the forecast period (2023-2028).
Which region has the biggest share in Hair Color Spray Market?
In 2023, the Asia Pacific accounts for the largest market share in the Hair Color Spray Market.
Hair Color Spray Industry Report
Statistics for the 2023 Hair Color Spray market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Hair Color Spray analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.