India Hair Color Market, by Product Type, by Product Formulation, by Gender, by Application, by Region, by Company, Competition, Forecast & Opportunities, 2026

The Indian Hair Color Market was valued at $ 477 million in FY 2020 and is forecast to grow at a CAGR of over 17% until FY 2026 due to various growth factors such as increasing urbanization and evolving lifestyles, growing hair-highlight trend, rising market for salon services and innovative tools used in salons to strengthen the ease of use of hair care products, which in turn would boost the sales value of hair colors and other related products. Another major factor is the increase in consumer hair related issues, which has led to several product innovations that accommodate the prevalent and changing tastes and preferences of consumers, thus facilitating the demand for hair care products. Also, fashion trends around the country are changing, which in turn, is encouraging hair color producers to introduce innovative new products to meet consumer demand.

The Indian Hair Color Market is segmented based on Product Type, Product Formulation, Gender, Application, Region and Company. Based on Application, the market is segmented into Total Grey Coverage, Roots Touch-Up, Highlighting and Others. Total Grey Coverage segment is expected to lead the country’s hair color market in FY 2020 and is also expected to lead in future due to increasingly ageing population. Based on product type, the market is split into Temporary, Permanent, Semi-Permanent and Highlights and Bleach. The Semi-Permanent hair color segment accounts for the largest market share mainly due to its ammonia-free presence. Based on Product Formulation, the market is segmented into PPD Formulation and TDS/TD Formulation. The PPD Formulation segment accounts for the majority market share in the Indian Hair Color Market and the segment is likely to maintain its position during the forecast period. Most of the hair color companies use PPD formulation as it offers long-lasting hair color with a natural look and it can be used in both salon and at-home colors because it is such an effective ingredient in dark hair coloring.

Based on Gender, women segment held the largest market share in the Indian Hair Color Market. Men in India color their hair majorly for gray coverage, while women consumers are much more familiar of their hair texture and looks than men. Also, men do not require as much product variants as a women with longer hair, and thus, hair color products for men are not usually offered in as many product variants as for women.

Major players operating in the Indian Hair Color Market are L’Oréal India Pvt Ltd, Godrej Consumer Products Ltd, Hygienic Research Institute Pvt Ltd, Revlon, Lolane India, AVON Beauty Products India Pvt Ltd, COTY INC, Procter & Gamble, Conair India, Johnson & Johnson Private Limited and others.

Years considered for this report:

• Historical Years: FY2016 - FY2019
• Base Year: FY2020
• Estimated Year: FY2021
• Forecast Period: FY2022 - FY2026

The Objective of the Study:

• To analyze and forecast the market size of the Indian Hair Color Market.
• To classify and forecast the Indian Hair Color Market based on Product Type, Product Formulation, Gender, Application, Region and Company
• To identify drivers and challenges for the Indian Hair Color Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Indian Hair Color Market.
• To conduct pricing analysis for the Indian Hair Color Market.
• To identify and analyze the profile of leading players operating in the Indian Hair Color Market.

The author performed both primary as well as exhaustive secondary research for this study. The author conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the author could include the manufacturers which could not be identified due to the limitations of secondary research.

The author calculated the market size of the Indian Hair Color Market market using a Top-Down approach and Bottom-Up, wherein data for various end-user segments was recorded and forecast for the future years. The author sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:

• Hair Color manufacturers, suppliers, distributors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums, and alliances related to hair color
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.

Report Scope:

In this report, the Indian Hair Color Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, By Product Type:

• Permanent
• Semi-Permanent
• Temporary Hair Color
• Highlights and Bleach

Market, By Product Formulation:

• TDS/TD Formulation
• PPD Formulation
• Others

Market, Gender:

• Men
• Women
• Unisex

Market, By Application:

• Total Grey Coverage
• Roots Touch-Up
• Highlighting
• All Over Color
• Others

Market, By Region:

• North
• South
• East
• West

Market, By Company:

• L’Oréal India Pvt Ltd (Loreal)
• Godrej Consumer Products Ltd (Godrej)
• Hygienic Research Institute Pvt Ltd (Streax)
• REVLON (Revlon)
• COTY INC (Wella)
• Others

Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Indian Hair Color Market.

Available Customizations:
With the given market data, the author offers customizations according to a client’s specific needs.

Please note: With the Enterprise license, the PDF product is printable and editable and comes with a market data excel sheet.