Market Size of South America Hair Colorants Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.80 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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South America Hair Colorants Market Analysis
South America Hair Colorants Market is projected to grow at a CAGR of 4.8% during the forecast period (2020 - 2025).
- Young population prefers to use semi-permanent or temporary hair colorants which are ammonia-free and peroxide-free.
- Changing lifestyles, rising urbanization, and the growing youth population in emerging economies is driving the hair color market.
- However, consumer awareness about the harmful effects of chemicals in hair colorants that damage hair is affecting the market growth.