Growth of Professional Salon Majorly in Developing Countries Will Significantly Boost The Growth of Hair Color Industry
According to Goldstein Research, hair color services are the main driver of the entire salon industry and hair color market growth. Moreover, growing popularity of ‘salon-like hair’ services is accelerating the demand of hair color products across the globe. Further, manufacturers’ sales of permanent hair color grew 3.2%, owing to amplified use in gray blending and fashion color. However, novelty hair color market is experiencing considerable growth in APAC and Latin America region, owing to the growing demand of novelty color over regular colors in the region. Global hair color market outlook also includes product development, marketing strategy and investment strategies adopted by major market players in order to expand their business across the globe. For instance, Crèmes/gels continue to outperform liquid hair color, as usage continues to change. All major liquids now have crème or gel lines. L'Oréal is the overall frontrunner in hair color sales with its Matrix, Redken, L...