Vivid Hair Dye Market Strategic Insights into Key Players 2024 to 2030

Global Vivid Hair Dye Market Overview and Insights:

Vivid Hair Dye Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

What is the Future Market Size of the Vivid Hair Dye Industry and its Yearly Growth Rate?

The Global 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. Over the historical years, the market has witnessed substantial expansion due to increasing fashion consciousness, the emergence of e-commerce platforms, a growing fascination with personal grooming & beauty products, etc. The demand for innovative and expressive ways to style one’s hair has led consumers towards bold and bright colors. This trend spans across various demographics with millennials and Gen Z leading the charge while older generations opt for more natural-looking dyes when covering grays.

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Who are the Main Competitors Driving the Global Vivid Hair Dye Market Forward?

The prominent players essentially operating in the Vivid Hair Dye Market are as follows:

• Coty Inc.
• 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
• Revlon
• Shiseido Professionals Inc.
• Wella Operations US LLC
• Garnier Nutrisse
• Others

What are the key Drivers Defining the Global Vivid Hair Dye Market Size?

Rising Inclination of Young Demographics Towards Self-expression – The vivid Hair Dye Market is a vibrant & dynamic sector, significantly driven by the growing interest of young populations looking for a way to personal expression as they are more fashion-trendy. This generation, known for its boldness and individuality, views hair color as a powerful tool for self-expression, transcending mere aesthetics to become a statement of identity and attitude. The demand for hair dye is becoming trending among young consumers, experimenting with an eccentric range of colors like pastels, neons, and even metallic shades. In response to this, companies like L’Oreal offered Color&Co, a revolutionary approach to personalized at-home color. Color&Co was created for people of all ages, especially young generations who use hair color as a form of self-expression. For instance:

• In 2024, L’Oréal Paris introduced its new campaign, ‘My Hair Color, My Expression,’ inspiring women to express themselves and their personalities with hair color.

Thus, this shift in consumer behavior has led to an explosion of innovation within the Vivid Hair Dye Industry, with brands introducing more user-friendly, less damaging formulas. In addition, social media platforms, where the young generation spends a significant amount of time, have become both the stage for showcasing these expressions and the marketplace for discovering new products and techniques, thus driving the growth of the Vivid Hair Dye Market.

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What is the Segmentation of the Global Vivid Hair Dye Market?

The Vivid Hair Dye market covered in this report is segmented –

• 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

Semi-permanent hair dye holds a significant share in the Global Vivid Hair Dye Market. This is mainly driven by the consumer interest in short-term temporary hair-colored treatments.

• 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

Key Questions Answered in the Research Report

1. What is the predicted Vivid Hair Dye market size and growth rate for the years 2024-30?
2. What challenges are restricting the growth of the Vivid Hair Dye market?
3. Which segment accounted for the largest market share in the Vivid Hair Dye market?
4. Which prominent companies are leading growth in the Vivid Hair Dye market?
5. In what formats does Markntel Advisors deliver the concerned report descriptions?
6. How long does it take for customers to receive the reports provided by Markntel Advisors?
7. Does Markntel Advisors provide customized reports?

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