Men’s HairColor Market-Overview
The upsurge in men grooming product demand ispredicted to bolster the men’s hair color market. Reports created by MRFR detail the developments in the industry that can beexpected in the market through the forecast period. The market is predicted to
exhibit a 7.20% CAGR and accomplish USD 502.84 Million in revenues by 2025.
The developinggrooming market has developed a steady inclination towards developing men’s
hair care products, owing to the demand being observed for such products.
Furthermore, improved distribution channels in the retail sector are estimated
to propel the men’s hair color market share in the forecast period.
Competitive Analysis
The funding scenario in the market isestimated to be optimistic and conducive to the development of the stakeholders
in the market. The advancement of the market is spurred by the initiatives of
the leaders in the global market, who are dedicating resources to the
development of the overall market. The scale of innovation being observed in
the market is another reason that is adding to the advancement of the global
market in the future. The detrimental impact on the environment by the business
practices is estimated to be a key component in the future growth strategies of
the market. The government policies in several regions are very conducive to
the development of the market in the upcoming period. The advancement of
production technology and processes is estimated to augment the global market.
The establishment of clear long-term objectives by market titans is estimated
to set the tone for the continuing expansion of the market. The identification
of areas for sustainable enhancement in the supply chain is estimated to
further fortify the market.
The significant companies in the men’shair color market are L’oreal S.A. (France), John Paul Mitchell Systems(US), NATULIQUE ApS (Denmark), Combe Incorporated (US), Coty, Inc. (UK), Indus
Valley (India), Hoyu Co., Ltd (Japan), Revlon, Inc. (US), Cover Your Gray (US),
and Kao Corporation (Japan).
Segmental Analysis
The segmental review of the men’s hair colormarket revenue is carried out based on product type, category, region,
end-user, and distribution channel. The form segment of the men’s hair color
market comprises of cream & gel and powder. The end-user segment of the
men’s hair color market comprises of commercial and household. The distribution
channel segment of the men’s hair color market consists of non-store-based and
store-based. The regional segment of the men’s hair color market size consists
of Europe, Asia Pacific, North America, the Middle East, South America, and
Africa. The product type segment of the men’s hair color market growth consists
of root touch-up, semi-permanent hair color, permanent, temporary luxury hair color market, and others. The category segment of themen’s hair color market consists of natural & organic and conventional.
Detailed Regional Analysis
The regionalappraisal of the men’s hair color industryconsists of Europe, Asia Pacific, North America, the Middle East, South
America, and Africa. The men’s hair color market in North America is anticipated to create a centralshare of the market throughout the forecast period. The regional market
reported a 41.57% share of the market in 2018, which is estimated to develop in
the forecast period. The US national market is a key supplier to the expansion
of the North American market. The European men’s hair color market influences
an outstanding segment of the market due to the increasing men’s hair color
product collection of important producers.
IndustryUpdates:
Mar 2021 Cleverman, a company offering men’s hair color solutions obtainablein a direct-to-consumer and via subscription format was launched recently.
Cleverman presents custom creams to be used for different results envisioned to
look natural on the wearer. The extensive product range with a cream developer,
cream colorant, and brushes with short and long bristles, are dispatched in
every container that gives directions on how to combine and put on the formula.
Gloves and a mixing tray are also sent with every purchase to prep and mix the
formula.
July 2020 Madison Reed and eSalon have each extended their range into men’shair color, with Madison Reed Mr. and Colorsmith brands correspondingly. The
presentations come after both businesses saw augmented hair color retailing
ensuing coronavirus-related salon lockdowns. For Madison Reed, the concept had
been in the design stage for about a year, though the pandemic’s effect on
selling led the business to hasten the project. Errett also saw the chance in
the upsurge of the “quarantine beard”, where many men see grays first. The
formulation for Madison Reed Mr., which formally launched on June 30, 2020, is
envisioned to offer moderate, semipermanent coverage.
NOTE: OurTeam of Researchers are Studying Covid19 and its Impact on Various Industry Verticals
and wherever required we will be considering Covid19 Footprints for Better
Analysis of Market and Industries. Cordially get in Touch for More Details.
Contact us:
MarketResearch Future (part of Wantstats Research and Media Private Limited),
99 HudsonStreet,5Th Floor, New York, New York 10013, United States of America
