The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Vivid Hair Dye Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.
In-Depth Market Overview of Vivid Hair Dye Industry (2024-2030):
According to the latest report, The Vivid Hair Dye Market size was valued at USD 2.18 billion in 2023 and is projected to reach USD 3.38 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.5% during the forecast period, i.e., 2024-30. The report demonstrates the prominent factors propelling the exponential growth of the Vivid Hair Dye industry.
Key Takeaways: Beneficial for Stakeholders and Clients:
- Historical Data: 2019-22
- Base Year: 2023
- Forecast Period: 2024-30
- CAGR: 5.5%
- Market Value In (2023): USD 2.18 Billion
- Market Value By (2030): USD 3.38 Billion
What are the major Challenge Facing the Vivid Hair Dye industry?
Environmental Impact & Sustainability of Hair Dye Products – The Vivid Hair Dye Market is facing a critical challenge with rising concerns about the environmental footprint & sustainability of hair dye products. The formulation of these hair colorants involves complex chemical processes & ingredients that pose significant risks to both human health and the environment. The chemicals used in hair colors, such as ammonia, peroxide, and various synthetic dyes, are harmful when released into the environment. At the time of formulation and disposal, these hair dyes contaminate water sources, disrupt aquatic ecosystems, and potentially bioaccumulate the food chain, leading to long-term ecological damage.
Additionally, the packaging of hair dye products, often made from non-biodegradable materials, contributes to the growing problem of plastic pollution. Hence, hair dye companies find it challenging to formulate the hair dyes and their packaging with minimal hazardous pigments, thus limiting the Vivid Hair Dye Market growth.
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Vivid Hair Dye Market Segmentation
The Vivid Hair Dye Market analysis of Markntel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
- By Type
- Temporary- Market Size & Forecast 2019-2030, USD Million
- Permanent- Market Size & Forecast 2019-2030, USD Million
- Semi-Permanent- Market Size & Forecast 2019-2030, USD Million
- By Source
- Natural- Market Size & Forecast 2019-2030, USD Million
- Synthetic- Market Size & Forecast 2019-2030, USD Million
- By Form
- Cream- Market Size & Forecast 2019-2030, USD Million
- Powder- Market Size & Forecast 2019-2030, USD Million
- Others (Gel, Spray, etc.)- Market Size & Forecast 2019-2030, USD Million
- By End Users
- Households- Market Size & Forecast 2019-2030, USD Million
- Commercial- Market Size & Forecast 2019-2030, USD Million
- By Sales Channel
- Online- Market Size & Forecast 2019-2030, USD Million
- Offline- Market Size & Forecast 2019-2030, USD Million
- Supermarkets/Hypermarkets- Market Size & Forecast 2019-2030, USD Million
- Cosmetics Centres – Market Size & Forecast 2019-2030, USD Million
- Others- Market Size & Forecast 2019-2030, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
As per the regional aspect, the Vivid Hair Dye Market is expected to be dominated by North America by capturing the potential market share.
Explore further details about this research report – https://www.marknteladvisors.com/research-library/vivid-hair-dye-market.html
Top Companies in the Vivid Hair Dye Market
Coty Inc., Revlon, Cosmoprof Beauty (Beauty Systems Group LLC), Godrej, Good Dye Young, Inc., Henkel Corp., HOYU Corp Ltd. (Bigen), Kao Corporation, L’Oréal Paris, L’ANZA, Madison Reed, Inc., Matrix, Shiseido Professionals Inc., Wella Operations US LLC, Garnier Nutrisse, and Others
Vivid Hair Dye Industry Recent Development:
2023: Revlon unveiled a novel hair color product, Revlon Color ‘N Care. This hair coloring solution features an unprecedented formula that fuses vibrant colors with natural nourishing components and care treatments, delivering an exceptional hair color experience for consumers.
2022: L’Oréal Paris introduced the new Men Expert One-Twist Hair Color. It was the brand’s first permanent hair color technique created specifically for men globally.
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Well-known business Prospects: Our accurate analysis market research report serves as a treasure map for discovering potential markets and novel product avenues. Additionally, it facilitates comprehensive comparisons of products and services.
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Empowering Data-Backed Judgement: Our comprehensive Market research encompasses a wide spectrum of activities, including precise market sizing, detailed segment analysis, accurate demand forecasting, competitor identification, and meticulous pricing trend monitoring.
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