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Hair Bond Multiplier Market to Surpass US$ 123.4 Mn by 2027, is Also Projected to Grow at A CAGR of 7.1% Based On Research Conducted by Future Market Insights

Newark, United States, 11/24/2022 / Future Market Insights, Inc. /

The global hair bond multiplier market size and throws light on the various factors boosting revenue growth of the global market. In terms of revenue, the global hair bond multiplier market is estimated to expand at a CAGR of 7.1% over the forecast period.

Owing to increasing fashion trends, individuals are more inclined towards experimenting with hair styles, modifications and different shades of hair colours. Millennials are showing increasing interest in hair colouring and are following celebrities to have different hair colour shades and hair styles. Hair treatment with chemicals and extensive heat to achieve desired modifications could cause potential harm.

Individuals are becoming more concerned and conscious about hair health and hence to counter the harmful effects of heat and chemicals, the demand for hair bond multipliers to strengthen hair is increasing.

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Global Hair Bond Multiplier Market: Segmentation & Forecast

The global hair bond multiplier market is segmented based on product type, application, end use, and sales channel. By product type, the hair bond multiplier market is segmented into kit and loose. On the basis of application, the market is segmented into hair colouring and hair treatment.

The hair colouring segment has a high growth rate of 7.3% over the forecast period with the segment anticipated to be valued at US$ 82.7 Mn by the end of 2017. By end use, the hair bond multiplier market is segmented into salons, spa, and personal use.

The salon segment is estimated to hold the largest market share of 69.1% in 2017 with the market anticipated to be valued at US$ 119.1 Mn by 2017 end. By sales channel, the market for hair bond multiplier is segmented into direct sales and retail sales.

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The retail sales segment is further sub segmented into modern trade, distributors/wholesalers, health & beauty stores and online retailers. In terms of value, the retail sales segment is projected to be the most attractive segment in the global hair bond multiplier market during the forecast period and is expected to remain dominant with a revenue share of 58.5% by 2027 end.

Global Hair Bond Multiplier Market: Regional Forecast

This report assesses trends driving growth of each segment at the global as well as regional level and offers potential takeaways that could prove substantially useful to hair bond multiplier manufacturers looking to enter the market. In this report, the hair bond multiplier market has been segmented into seven major regions, namely North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa (MEA).

North America is expected to exhibit relatively high CAGR and high incremental value over the forecast period. In terms of value, the North America hair bond multiplier market is projected to be the most attractive regional market during the forecast period and is expected to remain dominant accounting for a revenue share of 22.9% by 2027 end.

Global Hair Bond Multiplier Market: Key Players

Some of the key players in the hair bond multiplier market featured in the report include L’Oréal S.A., Olaplex LLC, Croda International Plc., Henkel AG & Co. KGaA, Keune Haircosmetics Manufacturing B.V., Lakmé Lever Private Limited, Earthly Body, Inc., Brazilian Professionals LLC., Affinage Salon Professional Limited. In this report, we have discussed individual strategies followed by these companies in terms of enhancing their product portfolio, new marketing techniques, product offerings, and mergers and acquisitions.

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Market segmentation

By Product Type :

  • Kit
  • Loose

By Application :

  • Hair Colouring
  • Hair Treatment

By End Use :

  • Salons
  • Spa
  • Personal Use

By Distribution Channel :

  • Direct Sales
  • Retail Sales
    • Modern Trade
    • Distributors/ Wholesalers
    • Health & Beauty Stores
    • Online Retailers

By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East and Africa

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Explore FMI’s Extensive ongoing Coverage on Consumer Product Domain

Natural Cosmetic Color Market Outlook: The global natural cosmetic color market is forecasted to be appraised at US$ 68.46 billion by 2032, up from US$ 41.63 billion in 2022, advancing at a CAGR of 5.01% during the forecast period

Baby strollers and prams Market Forecast: The global baby strollers and prams market is expected to secure US$ 8.31 Billion in 2032, up from US$ 4.68 Billion in 2022, reflecting a CAGR of 5.9%. The market valued US$ 4.42 Billion in 2021

Industrial Workwear Market Analysis: The industrial workwear market is estimated to reach US$ 16,312.6 Mn in 2022 and is projected to surpass US$ 29,490.2 Mn by 2032, at a CAGR of 6.1% from 2022 to 2032

Hobs Market Share: The global hobs market is estimated to be valued at US$ 20.55 Billion in 2022, and is likely to reach US$ 33 Billion in 2032

Metal Polish Products Market Sales: Metal polish products commerce is expected to display a CAGR of 5.7% while garnering market value worth US$ 23.5 Billion by the end of the forecast period from 2022 to 2032

About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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The post Hair Bond Multiplier Market to Surpass US$ 123.4 Mn by 2027, is Also Projected to Grow at A CAGR of 7.1% Based On Research Conducted by Future Market Insights appeared first on Future Market Insights.

Source: Future Market Insights, Inc.

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This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.

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