The size of the global hair color spray market is anticipated to be worth USD 632.06 million by 2029 from USD 414.5 million in 2024, growing at a CAGR of 8.8% from 2024 to 2029.
Hair color spray is a natural and artificial color spray that is used for quick results compared to liquid hair dyes. The color applied through these sprays can be easily removed by washing with a shampoo. These hairspray colors are gaining popularity among millennials and baby boomers due to their ease of use.
Global Hair Color Spray Market Drivers:
The economic situation in developing countries is improving due to rapid urbanization and this has resulted in a lifestyle transformation and an increase in disposable income, which in response is expected to fuel demand for hairspray over the forecast period. The growing awareness of the health dangers of chemicals found in permanent hair dyes has led to a shift in the mindset of consumers from permanent dyes to temporary dyes. This change has led to the growth of hair color sprays as they bring convenience to consumers in trouble-free use. Also, major suppliers operating in the global hair dye market are investing heavily in R&D to improve product performance and expand the existing temporary hair dye product. These research centers identify the needs of consumers and develop products accordingly using the technology. Although other competing hair dyes and products have increased their market share, hair color sprays have started to increase their position in the beauty market.
The increase in people's disposable income has enabled them to spend on personal hygiene. In addition, hair coloring problems and dry hair are likely to increase the demand for hair color sprays during the forecast period. There is an increasing need for these color sprays from middle-aged women. Moreover, the trend of male grooming is likely to help the growth of the global market. Manufacturers offer attractive and innovative packages of color lacquers. The inclusion of natural and organic ingredients in the products also prompts customers to opt for natural color sprays, which is supposed to boost sales in the global hair color sprays market in the coming days.
Global Hair Color Spray Market Restraints:
Some hair sprays contain flammable alcohol. When you spray hair color, it can get into your eyes or ears, which can cause irritation or a burning sensation. This factor can slow the growth of the global market during the projection period.
Impact of COVID-19 on the global hair color spray market:
The coronavirus pandemic has had its worst impact on consumer goods with the prolonged lockdown situations that resulted in the temporary closure of manufacturing units and sales channels. This had a direct influence on the sales of hair color sprays. The market witnessed a slump in this period as consumers mostly preferred necessities rather than luxuries. The business for hair color sprays is supposed to record slow growth in the coming years.
REPORT COVERAGE:
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2029 |
Base Year |
2023 |
Forecast Period |
2024 to 2029 |
CAGR |
8.8% |
Segments Covered |
Based on Nature, Distribution Channel and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Market Leaders Profiled |
Amka Products (Pty) Ltd, Coty Inc., Henkel, John Paul Mitchell Systems, Kenra Professional, L'Oréal, Punky International, Inc., Revlon, Inc., Estee Lauder Company and Unilever |
This research report on the global hair color spray market has been segmented and sub-segmented based on nature, distribution channel and region.
Global Hair Color Spray Market - By Nature:
Based on nature, the synthetic segment represents a higher value hair dye market share. The synthetic segment accounts for a higher value share compared to all other segments, which is mainly attributed to the ease of availability of these products to its target customers at affordable prices. These products are often made with the use of different proportions of natural chemicals and cosmetic ingredients. Key players operating in this segment are Procter & Gamble, Aveda Corporation, L'Oréal Inc., and Unilever Inc.
Global Hair Color Spray Market - By Distribution channel:
The hair color spray products are readily available from various distribution channels such as hypermarkets/supermarkets, specialty stores, franchise stores, and online stores. After the COVID period, sales through online stores are anticipated to record tremendous growth compared to offline stores.
Global Hair Color Spray Market – By Region:
The Asia Pacific is foreseen to experience the fastest growth due to the increasing effectiveness of celebrity endorsements and product expansion and launches by major market players, as well as the growing demand for skin care cosmetics personnel. Also, with the increasing penetration of the internet, the online market for purchasing commodities including hair dye spray has grown rapidly globally over the past 3-4 years. This category has attracted some verticals like Amazon, Walmart, Carrefour, etc. who are driving the growth of e-commerce and vying for a big pie in the online consumer goods space.
KEY MARKET PLAYERS:
Companies playing a leading role in the global hair color spray market include Amka Products (Pty) Ltd, Coty Inc., Henkel, John Paul Mitchell Systems, Kenra Professional, L'Oréal, Punky International, Inc., Revlon, Inc., Estee Lauder Company and Unilever.
Frequently Asked Questions
The global hair color spray market is expected to be valued at USD 414.5 Mn in 2024.
North America, Europe, and Asia-Pacific are the leading contributors to the global hair color spray market share, with each region experiencing a growing demand for temporary hair color solutions.
Culture that embraces vibrant colors, festivals, and a desire for quick and easy styling options are primarily driving the growth of the hair color spray market.
Amka Products (Pty) Ltd, Coty Inc., Henkel, John Paul Mitchell Systems, Kenra Professional, L'Oréal, Punky International, Inc., Revlon, Inc., Estee Lauder Company and Unilever are some of the notable companies in the global market.
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