The market summary
According to the study conducted by Market Research Future Reports (MRFR), the global organic hair color market is estimated to have a market value of USD 1,710.5 million, expanding at a CAGR of 12.34% by the end of 2027.
According to estimates, the growing concern for protecting the hair from chemicals and damage from pollution is increasing the demand for organic hair dyes. The growing awareness of the toxic effect of synthetic hair color is expected to drive the sales of organic hair color at the global level. The expanding retail sectors in various advanced countries are another significant factor behind the market growth of the global hair dye market. In addition, the increase in disposable income per capita of consumers may further fuel the market. Furthermore, the increasing initiatives taken by the government in emerging economies are further increasing the sales of organic hair color products. Furthermore, the growing geriatric population is also adopting the organic hair color to dye the white hair, which is accelerating the market significantly.
The outbreak of the corona virus is expected to have a positive effect on the market, as salons have been ordered to remain closed. Also, once the market reopens, it is estimated that the market will jump significantly.
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On the contrary, it is estimated that the initial heavy investment and the complications involved in the certification process will harm the market significantly. However, it is estimated that the prevalence of skin allergies and the non-toxic effect of organic chemicals are opposed to the factors blocking the market.
Market segmentation
The segment evaluation of the global organic hair dye market is based on form, end-use, product type and distribution channel.
The form-based segment of the global organic hair dyes market are cream, powder, and others
The end-use based segment of the global organic hair color market is individual and commercial.
The product type based segment of the global organic hair dyes market are permanent and temporary.
The distribution channel-based segment of the global organic hair color market is store-based and non-store-based. The store-based distribution channel further subdivides into supermarkets and hypermarkets, specialty stores, and others.
regional analysis
Based on geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). According to the study, the global market is estimated to be dominated by North America by acquiring a market share of 34.8% and is expected to maintain its position throughout the forecast period. The continuous innovation in products is expected to be the most significant factor in escalating demand in the region. According to estimates, the US is the most vital participant in strengthening the regional market. Moreover, the growing development in product formulation by the key players is another important factor for the development of the regional market.
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On the other hand, the APAC region is expected to grow at the fastest rate during the forecast period. The increase in per capita income, the growing awareness of the impact of chemicals and the growing number of geriatric population are expected to strengthen the regional market during the forecast period. Furthermore, the presence of emerging economies such as India and China is another significant factor affecting the market positively.
key players
The prominent players of the global organic hair color market are Aubrey Organics (US), VJS Pharmaceuticals Pvt Ltd. (India), Indus Valley Ayurvedic Center (France), TVAM (India), Organic Salon Systems (US), ColorVeda. (India), Herbtint (Italy), Radico (India), Organic Color Systems Ltd. (UK), CavinKare Group. (India), Natolic (Denmark), Naturigen (Denmark), Eco-Colors® Ltd. (USA), Suvarna.co (UK) and Harv Britannia Ltd (UK).
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Note: Our team of researchers is investigating Covid19 and its impact on various industries and wherever required we will consider the traces of Covid19 for a better analysis of the market and industries. Feel free to contact us for more details.
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