Hair Color Market Business Strategies and Opportunities by 2028
The hair color market is expected to grow from US$ 23,762.28 million in 2022 to US$ 35,201.69 million by 2028; it is estimated to grow at a CAGR of 6.8% from 2022 to 2028.
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Hair colors are hair dyes that are applied either for covering grey hair or for changing the natural color of hair. There are basically 3 types of hair colors: permanent, semi-permanent, and temporary. Permanent hair colors permanently change the natural hair color and usually give the best results. Hair colors are available in various color shades such as black, brown, and burgundy. Consumers are highly concerned about their appearance which is creating significant demand for personal grooming products. This factor is driving the hair color market. Moreover, the rising aging population is also one of the major factors driving the demand for hair color and dyes.
