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North America Hair Color Market
No. of Pages: 126 | Report Code: BMIRE00025966 | Category: Consumer Goods
No. of Pages: 126 | Report Code: BMIRE00025966 | Category: Consumer Goods
The aging population is increasing in many countries across the region. The use of hair colors is high in aging population as they are applied to hide gray hair. Hair color provides nourishment and conditioning to hair. According to Statista, during May 2017 survey in the US, about 21% of respondents aged between 30 and 59 years stated they used hair dyes once a month, and about 8% of respondents of the same age group stated they used hair dyes 2–3 times a month. Therefore, the increasing demand for superior quality hair color products from rapidly expanding ageing population drives the North America hair color market growth.
Strategic insights for the North America Hair Color provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 6,289.88 Million |
Market Size by 2028 | US$ 9,619.71 Million |
Global CAGR (2022 - 2028) | 7.3% |
Historical Data | 2020-2021 |
Forecast period | 2023-2028 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The geographic scope of the North America Hair Color refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The North America hair color market is segmented on the basis of product type, type, distribution channel, and country. Based on product type, the market is segmented into permanent, semi-permanent, and temporary. In 2022, the permanent segment dominated the market. Based on type, the market is segmented into powder, cream, and others. In 2022, the cream segment led the market. Based on distribution channel, the North America hair color market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. In 2022, the supermarkets and hypermarkets segment held the largest market share. Based on country, the North America hair color market is segmented into the US, Canada, and Mexico. Further, the US dominated the market in 2022.
Arctic Fox; Coty Inc; Henkel AG and Co KGaA; Koa Singapore Pte. Ltd; Revlon, Inc; Hygienic Research Institute Pvt Ltd; Loreal S.A; Wella Operation US LLC; Unilever PLC; and PZ Cussons Beauty LLP are among the leading companies in the North America hair color market.
The North America Hair Color Market is valued at US$ 6,289.88 Million in 2022, it is projected to reach US$ 9,619.71 Million by 2028.
As per our report North America Hair Color Market, the market size is valued at US$ 6,289.88 Million in 2022, projecting it to reach US$ 9,619.71 Million by 2028. This translates to a CAGR of approximately 7.3% during the forecast period.
The North America Hair Color Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Hair Color Market report:
The North America Hair Color Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Hair Color Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Hair Color Market value chain can benefit from the information contained in a comprehensive market report.