India Hair Color Market to Grow at 17% until 2026
With increasing ageing population, demand for covering grey
hair is growing, which is significantly boosting hair color sales across India
According to TechSci Research report, “India Hair Color Market By
Product, By Product Formulation, By Gender, By Application, By Company and By
Region, Competition, Forecast & Opportunities, 2026”, India hair color market is projected to grow at an
aggressive CAGR of more than 17% during FY 2021 - FY 2026. Market growth is
anticipated on account of increasing demand for hair color products among aging
population, rising urbanization and evolving lifestyles, coupled with growing
hair-highlight trend among young consumers. Furthermore, increasing demand for
salon services and innovative tools used in salons to improve the efficiency of
use of hair care products and rising concerns about hair quality will augment
hair color sales in the coming years.
India hair color market is classified based
on Product Type, By Product Formulation, By Gender, By Application, By Company
and By Region. Based on gender segmentation, the market is split into Men,
Women and Unisex. Women segment holds the largest share of India hair color
market and the segment is expected to maintain its lead in future too. As,
Women are much more conscious of the look and texture of their hair, they are
more open to experimenting while choosing a color, whether it is for gray hair
coloring or styling. Men in India normally color their hair for gray exposure
and typically do not want the same amount of complete coverage that women consumers
demand and expect.
Browse over 19 market data Figures spread through 70 Pages and an in-depth TOC on"India Hair Color Market"
https://www.techsciresearch.com/report/india-hair-colour-market/3087.html
In terms of product type, the market is split
into Temporary, Permanent, Semi-Permanent and Highlights and Bleach. Semi-Permanent
Hair Color segment accounted for the largest market share in terms of value.
Semi-permanent color provides a more natural, blended look that gradually fades
as the hair grow, leaving no sharp line of demarcated growth. Furthermore, this
color category does not contain any
ammonia, which is ideal for the people who are going to try a new hair color. Ammonia
is not considered good for hair but is used in many other types of hair colors.
It is used in various hair colors because it removes the hair fiber cuticles which
allows the color to be placed inside of the hair protected by the cuticles and also
lighten the natural color of the hair so that it can be re-colored.
Based on Product Formulation, market is
categorized into TDS/TD Formulation, PPD Formulation and Others. PPD
Formulation holds the largest share of hair color market due to its
long-lasting existence relative to other. PPD is frequently used in permanent
hair colorants and is needed in nearly all shades, especially in the darker
ones. Nearly all permanent hair color contains a PPD type hair dye since they
are the best way to achieve permanent hair color and are the only way to color
gray hair effectively. L’Oréal India Pvt
Ltd, Godrej Consumer Products Ltd, Hygienic Research Institute Pvt Ltd, Revlon,
Lolane India, AVON Beauty Products India Pvt Ltd, COTY INC, Procter &
Gamble, Conair India, Johnson & Johnson Private Limited are some of the
leading players operating in India hair color market. Loreal has the largest
share in the urban hair color market, due to its most popular product, both in
India and worldwide, the Garnier Black Naturals brand. Moreover, Loreal holds the largest
percentage of the urban salon market in India.
“An increasing percentage of the young population in
India is embracing popular fashion that involves coloring the hair in trendy colors.
Also, changing lifestyles, rising urbanization, and growing youth population in
emerging economies like India is powering the hair color market.”, said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
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“India Hair Color Market By Product, Product Formulation, Gender, Application,
Region, Forecast & Opportunities, FY2026” has evaluated the future growth potential of India hair
color market and provides statistics & information on market size,
structure and future market growth. The report intends 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 in India hair color market.
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