The Europe Hair Color Spray Market would witness market growth of 4.9% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 59,067.9 thousand units (PER 100 ML), showcasing a growth of 4.8% (2019-2022).
Hair color spray sales through online distribution channels have experienced significant growth, transforming the beauty and personal care market. The online platform provides consumers with a convenient and extensive marketplace to explore, compare, and purchase a diverse range of hair color sprays. Therefore, The Italy market consumed 4,086.0 thousand units (PER 100 ML) in 2022.
The Germany market dominated the Europe Hair Color Spray Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $180.3 million by 2030. The UK market is exhibiting a CAGR of 3.9% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.7% during (2023 - 2030).
The thriving cosmetics sector has been a significant catalyst in expanding the market. The cosmetics sector is known for its commitment to innovation and technological advancements. The spray manufacturers leverage this by continuously developing innovative formulations and application technologies.
Moreover, the demand for organic products in the cosmetics sector has grown substantially. For example, as per the report by the National Library of Medicine updated in 2022, it is anticipated that the cosmetics sector derived from ecological sources will attain $5.25 billion by 2029, expanding at a growth rate of 5.18 percent between 2019 and 2029.
Premium sprays with advanced formulations cater to consumers willing to invest in products that provide a superior and luxurious experience. As per the data released by the Office for National Statistics, the median household disposable income in the UK was £31,400 in the financial year ending (FYE) 2021, an annual increase of 2%. Thus, with the growing disposable income in Europe, there will be increased demand for this in the region.
Free Valuable Insights: The Global Hair Color Spray Market will Hit USD 3 Billion by 2030, at a CAGR of 5.3%
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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)
Unique Offerings Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
