The Global Natural hair dye market size is predicted to reach $5.4 billion by 2030, growing at a CAGR of 8.4% during the forecast period 2023-2030 according to the latest market research report published by IndustryARC. The primary factors influencing the market growth are growing awareness and demand for natural and organic products, rising concerns about the health risks of synthetic hair dyes, growing popularity of plant-based and herbal hair dyes, Increasing availability and variety of natural hair dyes finds IndustryARC in its recent report, titled “Natural Hair Dye Market – By Product Type (Permanent Hair Color, Semi-Permanent Hair Color, Temporary Hair Color), By Form Type (Powder, Cream, Gel, Others), , By Gender (Men, Women, Unisex), By Application [Residential and Non-residential (Commercial/Industrial)], By Distribution Channel (Supermarkets/Hypermarkets, Pharmacies, Speciality Stores, Online Stores, Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2023-2030”
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North America dominates with largest market share
In 2022, the North American Region had the highest market share, with the United States being a major contributor to the region's market value. It is anticipated that the United States will continue to play a significant role in the North American market and is expected to experience moderate growth over the foreseeable period. This is because the country continues to be a major player in the cosmetics industry, and some cosmetic manufacturers are developing customized products to meet the changing demands of customers. Moreover, American women spend a substantial amount of money on cosmetics annually, accounting for nearly 32% of the global beauty market in 2022
Natural Hair dye Market 2023-2030: Segmentation
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Natural Hair Dye Market Report – Key Takeaways:
☐ Rising Demand for Organic Hair Care Products
The majority of companies manufacturing natural hair dyes have developed goods with components inspired by nature, like plant-inspired and premium botanical ingredients, due to the enormous demand for natural ingredients. Conditioners, shampoos, serums, oils, and styling products are among the organic hair care product types that account for the lion's share of the worldwide organic hair care market due to their widespread use.
☐ Vegan and Cruelty-free Natural Hair Dye Picking up the pace
Many consumers are also looking for hair color products that are free from animal-derived ingredients and are not tested on animals. As a result, more natural hair color brands are emphasizing their vegan and cruelty-free status.
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Key Opportunity Analysis:
Increasing popularity of Customized Hair color
Consumers are increasingly looking for personalized beauty solutions, and this trend extends to the hair color market. There is an opportunity for companies to offer customized hair color kits that allow consumers to mix and match shades to achieve their desired look. For example, Madison Reed offers a range of hair colours that can be customised according to customer's preference.
Diversification of product offerings to Aid Market Growth
While hair dye is the primary product in the natural hair color market, there is an opportunity to diversify product offerings. For example, companies could offer natural hair care products that complement their hair dye products, such as shampoos and conditioners that are specifically formulated for color-treated hair.
Manufacturing Products with Causing Minimum Effect on the Environment
With increasing consciousness among consumers for the well-being of the environment, manufacturers are focussing on their production techniques and manufacturing hair colors products which cause a minimum negative effect on nature. For example, in 2022, Oway introduced the Hmelt brand of hair color products, which use only vegan and biodegradable materials. Also, the items are free of silicones, artificial perfumes, and other dangerous substances. In 2022, Aveda said that the entire enterprise, including its offices, stores, and manufacturing facilities, had become carbon neutral. The business is dedicated to sustainability and minimizing its influence on the environment.
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The Report also covers the Following Areas:
☐ Natural Hair dye Market Size and Forecast
☐ Natural Hair dye Market Trends
☐ Natural Hair dye Market Analysis by Product Type
Natural Hair dye Market 2023-2030: Key Highlights
☐ CAGR of the market during the forecast period 2023-2030
☐ Value Chain analysis of key stake holders
☐ Detailed analysis of market drivers and opportunities during the forecast period
☐ Natural Hair dye Market size estimation and forecast
☐ Analysis and predictions on end users’ behaviour and upcoming trends
☐ Competitive landscape and Vendor market analysis including offerings, developments, and financials
☐ Comprehensive analysis of challenges and constraints in the Natural Hair dye Market.
Covid and Ukrainian Crisis Impact:
The cosmetic and personal care industry has been significantly impacted by the global COVID-19 crisis. Customers' shopping patterns, product priority, and preference for plant-based hair colour products have all been significantly impacted by the global lockdown enforced by COVID-19. In an effort to stop the spread of the virus, several retail stores, salons, and beauty parlours have temporarily shuttered. As a result, sales of hair colour products using herbs have drastically decreased. On the other hand, the rise in sales from online channels more than makes up for the decline in sales from store-based channels.However using online shopping sites to buy goods could provide the industry a quick boost.
The Russia- Ukraine crisis could disrupt the supply chain of hair color products if there are any trade restrictions or disruptions in transportation between Russia and Ukraine. This could result in shortages of certain products and affect the availability of hair color products in the market. The crisis may cause economic instability in the area, which may have an impact on consumer purchasing power. Consumers may be more frugal with their purchasing during uncertain economic times, even on luxury items like hair colour products, which are classed as a luxury good.
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List of Key Market Players in Natural hair dye Market:
The Natural hair dye Market is fragmented with several global and regional companies operating with expansive manufacturing capabilities and extensive distribution networks. The key companies profiled are listed below:
☐ NATULIQUE Ltd.
☐ Aubrey Organics Inc.
☐ Radico Ltd.
☐ V.J.S Pharmaceuticals Pvt. Ltd.
☐ Indus Valley Couple and Twins SAS.
☐ Antica Erboristeria S.p.A.
☐ TVAM Ltd.
☐ Organic Saloon Systems LLC.
☐ Khadi Natural Health Care Pvt. Ltd.
☐ Bio Veda Action Research Co.
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