What is Cream Type Hair Color Market?
Cream Type Hair Color is used to color hairs with various colors to enhance one's personality. These colors are intended to provide beautiful and long-lasting colors and is also used widely to cover the white grown hairs in men and women. The cream type of hair color is easy to apply and requires less time to give results compared to traditional powder coloring. The changing fashion trends globally is encouraging the use of various colors such as burgundy, red, golden, and others. The demand for cream type hair color majorly in women is driving the market growth.
The market study is being classified by Type (Temporary Hair Dye, Semi-permanent Hair Dye and Permanent Hair Dye), by Application (Total Grey Coverage, Roots Touch-Up, Highlighting and Other) and major geographies with country level break-up.
L'Oréal S.A (France), Hoyu Co., Ltd.(Japan), Henkel AG & Company, KGaA (Germany), Shiseido Company, Limited (Japan), Goldwell (United States), Godrej Group(India), Coty Inc (United States), Kao Liese (Japan), Color Mate (India), Procter & Gamble (United States), Estee Lauder Inc.(United States), Revlon (United States) and Avon Products, Inc (United Kingdom) are some of the key players profiled in the study.
The global cream type hair color market is fragmented and it has been observed that most of the companies are introducing innovative products. They rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share.
Segment Analysis
Analyst at AMA have segmented the market study of Global Cream Type Hair Color market by Type, Application and Region.
On the basis of geography, the market of Cream Type Hair Color has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing demand for Sulfate Free Hair Colors
- Growing Number of People Affected with White Hair Issues
- Rising Market for Salon Services
Market Trend
- Trend for Hair Coloring in Youngsters
Restraints
- High Cost of Permanent Cream Type Hair Color
Opportunities
- Increasing geriatric population
- Huge Demand from Emerging Countries such as China and India
- Demand for Environmentally-Friendly Cream Type Hair Color
Challenges
- May cause skin reactions
- Strict Regulations by Governments With Respect To the Chemicals Used
During October 2018, The United States Food and Drug Administration (FDA) had made amendments in the color additive regulation to no longer provide the usage of lead acetate in the cosmetics that are intended for coloring hair on the scalp. The rule in response to a color additive petition was filed on February 24, 2017
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Cream Type Hair Color Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry