PUBLISHER: KBV Research | PRODUCT CODE: 1457227
PUBLISHER: KBV Research | PRODUCT CODE: 1457227
The North America Hair Color Spray Market would witness market growth of 4.6% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 77,581.0 thousand units (PER 100 ML), showcasing a growth of 4.5% (2019-2022).
The advantages of hair color spray for females lie in its ease of use, providing a quick and convenient way to experiment with different looks without committing to permanent changes. The temporary nature of the product allows for flexibility and adaptability, catering to evolving fashion trends and personal preferences. Therefore, the Canada market consumed 10,544.9 thousand units (PER 100 ML) in 2022.
The US market dominated the North America Hair Color Spray Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $619.2 million by 2030. The Canada market is experiencing a CAGR of 7% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.1% during (2023 - 2030).
There has been a substantial increase in the popularity of sprays, which can be due to changing consumer preferences favoring temporary and non-committal solutions. This burgeoning trend is emblematic of a broader cultural shift wherein individuals increasingly seek flexibility and variety in their appearance.
Additionally, from vibrant hues to subtle pastels, the market caters to a diverse consumer base looking to experiment with different looks without the long-term commitment associated with traditional hair coloring methods.
The shift towards self-expression and individuality has driven the demand for innovative products like this. Consumers view these sprays as a versatile and temporary way to change their appearance without a long-term commitment. As per the data provided by the International Trade Administration in 2021, the cosmetics sector in Canada generated approximately USD 1.24 billion in revenue. Industry revenue is expected to reach USD 1.8 billion by 2024. Thus, the rising cosmetics and personal care and beauty sectors in North America will lead to increased demand for it in the upcoming years.
Based on End-user, the market is segmented into Female, Male, and Children. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Online, Convenience Stores, Specialty Stores, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
North America Hair Color Spray Market Report Segmentation
By End-user (Volume, Thousand Units (PER 100 ML), USD Billion, 2019-2030)
By Distribution Channel (Volume, Thousand Units (PER 100 ML), USD Billion, 2019-2030)
By Country (Volume, Thousand Units (PER 100 ML), USD Billion, 2019-2030)