Hair Color Spray Market is projected to be worth USD 3.32 billion by 2033 and is anticipated to surge at a CAGR of 5.23%.
Makeup hair color sprays come in aerosol cans that include hair color. These temporary hair colors produce smoother and quicker effects than powder or liquid hair colors. These colors are readily removed with shampoo. The growing popularity of hair Color sprays, particularly among millennials, will be one of the primary drivers of market growth over the next five years. Customers' interests are shifting toward fashion as a result of the widespread usage of social media platforms. Unexpectedly, there is an increase in demand for a wide range of personal care products as a consequence of growing concerns about adequate hair care among health-conscious customers globally, as well as increased spending power due to economic expansion.
Global Hair Color Spray Market Driving Factors and Challenges
The rise in the percentage of middle-class income, particularly in emerging markets, is responsible for the substantial increase in cosmetics and personal hygiene sales. The increasing number of high-income earners is creating a client base. Increased affordability is driving a greater interest in personal grooming and adoption of the latest fashion trends. Men are expressing a strong demand for hair color in the market as they become more concerned of their personal hygiene. The expanding older population and their hectic lifestyles are the primary drivers of the increased demand for hair color spray, which quickly covers gray hair.
Hair care treatments have ingredients that nourish and moisturise the scalp, but they also have the potential to irritate skin or trigger an allergic reaction. In addition, using certain hair style products could result in split ends, increased hair loss, or other hair-related issues. Common ingredients in hair styling products that may be hazardous to those with scalp issues include triclosan, parabens, synthetic Colors, phthalates, and sodium lauryl sulphate. Consequently, the use of chemicals hinders the global hair Color spray market's overall growth.
Impact of COVID-19 on Global Hair Color Spray Market:
The ubiquitous coronavirus has had a devastating influence on the global economy. Revenue has steadily declined in a number of worldwide firms. It has damaged industry and hampered the supply chain, weakening overall growth. Because of the supply chain disruption, individuals were unable to access these services for a prolonged length of time. However, individuals eventually began purchasing hair care products for personal use at home.
Hair Color Spray Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as Amka products Ltd, Coty INC, Henkel AG & Co. KGaA, INC, John Paul Mitchell Systems, Kenra Professional, Loreal SAS, Punky Int,Inc, Revlon, The ESTEE Launder Companies Inc.
Global Hair Color Spray Market Segmentation:
By Nature: Based on the Nature, Global Hair Color Spray Market is segmented as Natural, Organic and Synthetic.
By Distribution Channel: Based on the Distribution Channel, Global Hair Color Spray Market is segmented as; Offline stores, Online stores.
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.