September 19, 2022
According to the recent research report titled ‘Global Hair Lightening Products Market Size study, by Type (Organic, Natural, Conventional), by Application (Household, Commercial) and Regional Forecasts 2022-2028’ available with MarketStudyReport, global hair lightening products market is poised to generate significant growth rate between 2022 and 2028.
Changing fashion trends, increasing popularity of the product, and consumers' shifting preferences from synthetic to natural lighting products are together driving the expansion of global hair lightening products market.
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People can alter their natural hair color into a different hue using a number of coloring techniques called hair lightening products. These procedures include super-lightening color treatments, balayage, all-over bleaching, and highlights.
According to recent trends, the increased sales of silver, white-blonde highlights, bold pink, pony lights, baby blonde, and copper penny solid brunette are to blame for the rising demand for the product, which in turn has increased the sales around the
world.
The market is further fueled by the expanding popularity of beauty goods, rising appearance expectations, and changing lifestyles.
Additionally, the inclination toward online distribution channels or e-commerce and increased consumer financial capacity is estimated to boost potential market growth throughout the projected timeframe.
However high costs associated with such items may restrain market expansion, over the forecast period of 2022–2028.
In terms of market segmentation, this industry vertical is divided based on type, and application scope. Based on type, worldwide hair lightening product market is split into natural, organic, and conventional. In terms of application model, the market is segregated into commercial and household models.
In terms of regional analysis, the business space spans across Asia Pacific, North America, Latin America, Europe, and rest of the world. Among these, North America market is expected to record a significant growth rate over the analysis period, owing to increasing popularity and shifting consumer preferences from synthetic to natural lighting products.
Asia Pacific industry is estimated to generate considerable CAGR during the forecast period, due to the increasing financial capacity of consumers and rising preference for online retail channels.
The industry players defining the competitive landscape of global hair lightening products marketplace are Farouk Systems, Inc., Olaplex Inc., Wella AG, IGK (Luxury Brand Partners), Sun Bum LLC, Klorane, John Frieda, Loreal S.A., Lakme, and Quai.