Market Synopsis
As per the research conducted by Market Research Future Reports (MRFR), the global organic hair color market is estimated to hold a market value of USD 1943.8 million, expanding at a CAGR of 12.51% by the end of 2027.
The US organic hair color market has been witnessing robust growth, driven by a growing consumer inclination towards natural and organic beauty products. According to market research reports, the market size is estimated to be in the range of millions of dollars, with a steady growth trajectory projected in the coming years. Factors such as rising concerns regarding chemical exposure and increasing demand for eco-friendly hair care products contribute to market expansion.
The increasing concern towards protecting hair from chemicals and damage from pollution is estimated to grow the demand for organic hair colors. The rising awareness about the toxic impact of synthetic hair color is projected to propel the sales of organic hair color at a global level. The expanding retail sectors in various advanced countries are another significant factor behind the market growth of the worldwide hair color market. In addition, the increasing per capita disposable income of the consumers is likely to fuel the market further. Moreover, the increasing initiatives taken by the government in emerging economies is further escalating the sales of organic hair color products. Further, the increasing geriatric population is also adopting the organic hair color to color the whitened hair, which accelerates the market significantly.
The outbreak of COVID-19 is projected to bring a positive impact on the market since the salons have been ordered to remain closed. Also, once the market reopens, the market is estimated to surge substantially.
On the contrary, the initial heavy investment and complications involved in the certification process are estimated to hamper the market significantly. However, the prevalence of skin allergies and the non-toxic impact of organic chemicals is estimated to counter the factors obstructing the market.
Market Segmentation
The segment evaluation of the worldwide Organic Hair Color Market is based on form, end-use, product type, and distribution channel.
The form-based segment of the global organic hair color market is cream, powder, and others
The end-use based segment of the global organic hair color market is an individual and commercial.
The product type-based segment of the global organic hair color market is permanent and temporary.
The distribution channel-based segment of the global organic hair color market is store-based and non-store based. Store-based distribution channel has been further segmented into supermarkets & hypermarkets, specialty stores, and others.
Regional Analysis
Based on geography, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). As per the study, the global market is estimated to be dominated by North America by acquiring a market share of 34.8% and is likely to retain its position throughout the forecast period. The persistent product innovation is projected to be the most significant factor in escalating the demand in the region. The U.S. is estimated to be the most crucial participant in strengthening the regional market. Further, the increasing development in the product formulation by the key players is another important cause of regional market development.
On the other hand, the APAC region is likely to grow at the fastest pace during the forecast period. The increasing per capita income, the rising awareness of the impact of chemicals, and the growing number of geriatric populations is projected to strengthen the regional market during the forecast period. Further, the presence of emerging economies like India and China is another significant factor affecting the market positively.
Key Players
The key organic hair color market players are Aubrey Organics (U.S.), V.J.S. Pharmaceuticals Pvt Ltd. (India), Indus Vally Ayurvedic Centre (France), TVAM (India), Organic Saloon Systems (U.S.), ColorVeda. (India), Herbatint (Italy), Radico (India), Organic Colour Systems Ltd. (U.K.), CavinKare Group. (India), Natulique (Denmark), Naturigin (Denmark), EcoColors® Inc. (U.S.), Suvarna.co (U.K.), and Herb UK Ltd (U.K.).
Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.
Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.
