Hair Color Market 2028: Trends in Sustainable Packaging
Hair Color Market Growth & Trends The global hair color market size was estimated at USD 34.13 billion by 2028, expanding at a compound annual growth rate (CAGR) of 5.7% from 2022 to 2028, according to a new report by Grand View Research, Inc. The key growth factors in the market include the rising expenditure on hair care products, such as hair color, owing to the aging population across the globe. Additionally, the significant product innovation by the major players is further projected to provide significant opportunities to the market. For instance, Loreal SA is one major player in the hair color industry that launched various hair dyes that are long-lasting and available in natural color shades. The COVID-19 pandemic has led to government-imposed lockdowns and restrictions around the globe, resulting in the cancellation of public events, fashion shows, and unnecessary travel. The lockdown also affected the offline sales of cosmetics products since most retail s...