Market Size of Middle East and Africa Hair Colorants Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.20 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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MEA Hair Colorants Market Analysis
The Middle East and Africa Hair Colorants Market is projected to grow at a CAGR of 5.2% during the forecast period (2020 - 2025).
- The growing use of hair color by the aging population to cover their grey hair is the primary driver for the growth of the hair color market. An increasing number of the millennial population is adopting trendy fashion which includes coloring the hair in appealing colors.
- Changing lifestyles, rising urbanization, and the growing youth population in emerging economies is driving the hair color market.
- However, stringent cosmetics regulations are likely to have a negative impact on the manufacturing of hair colorants in the near future.
MEA Hair Colorants Industry Segmentation
The Middle East and Africa colorants market is segmented by product type into bleachers, highlighters, permanent colorants, semi-permanent colorants, and others. By distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, specialist retailers, online stores, and others. The study also involves the analysis of regions such as South Africa, Saudi Arabia, the United Arab Emirates, Qatar, and rest of the Middle East and Africa.
| By Product Type | |
| Bleachers | |
| Highlighters | |
| Permanent Colorants | |
| Semi-Permanent Colorants | |
| Others |
| By Distribution Channel | |
| Supermarkets/Hypermarkets | |
| Convenience Stores | |
| Specialist Retailers | |
| Online Stores | |
| Others |
| Geography | |||||||
|
Middle East and Africa Hair Colorants Market Size Summary
The Middle East and Africa hair colorants market is experiencing significant growth, driven by various socio-economic factors. The increasing adoption of hair coloring among the aging population to cover grey hair, coupled with the trend among millennials to embrace fashionable hair colors, is a primary catalyst for market expansion. The region's evolving lifestyles, rapid urbanization, and a burgeoning youth demographic in emerging economies further bolster the demand for hair colorants. However, the market faces challenges from stringent cosmetics regulations that could impact production processes. Despite these challenges, the market is buoyed by the rising incidence of grey hair among younger individuals due to stress and dietary factors, with permanent hair colorants gaining popularity for their long-lasting effects.
The retail landscape plays a crucial role in the market's growth, with supermarkets and hypermarkets emerging as dominant sales channels. These retail formats benefit from extensive space and a diverse range of product offerings, attracting consumers who seek convenience and value. The competitive nature of the market is underscored by major players like Henkel AG & Co. KGaA, L'Oreal S.A, and Avon Products, Inc., who strive to meet consumer demands for a variety of color options and safer products. Social media influence and targeted advertising have also contributed to the market's expansion, as consumers increasingly seek stylish and trendy hair color solutions.
Middle East and Africa 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 By 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 Others
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2.2 By 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 Stores
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2.2.5 Others
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2.3 Geography
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2.3.1 Middle East and Africa
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2.3.1.1 Saudi Arabia
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2.3.1.2 South Africa
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2.3.1.3 United Arab Emirates
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2.3.1.4 Qatar
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2.3.1.5 Rest of Middle East and Africa
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Middle East and Africa Hair Colorants Market Size FAQs
What is the current Middle East and Africa Hair Colorants Market size?
The Middle East and Africa Hair Colorants Market is projected to register a CAGR of 5.20% during the forecast period (2024-2029)
Who are the key players in Middle East and Africa Hair Colorants Market?
Henkel AG & Co. KGaA, L'Oreal S.A, Kao Corporation, Hoyu Co., Ltd. and Avon Products, Inc. are the major companies operating in the Middle East and Africa Hair Colorants Market.
