Boosted by the revolutionary introduction of bond multipliers, as well as easier access to care and styling products through expanded distribution, the salon hair care market in the United Stated shows the highest annual growth in more than five years. Recording a rounded 6% increase in 2015, the market remains vibrant, particularly due to categories like conditioners and hair coloring, which grow above the overall market’s increase. Additionally, the rise in independent brands, such as Kevin Murphy, Oribe, Unite, Keune, and AG Hair, provides increased competition for the leading brands.Continue reading
Visitors of the 49th edition of Cosmoprof Bologna in Italy, the largest beauty trade show held in Europe, were not disappointed after exploring the latest market offerings from the beauty industry in 2016. While the show focuses on all aspects of beauty treatments from head to toe, this year’s edition seemed to highlight professional hair care for men and the world’s phenomenon of “plexes.”
From cutting, trimming, coloring, to braiding, conditioning, and styling, show attendees could simply enjoy the art of hairdressing embracing both the traditional and non-traditional tools of the trade. These ranged from simple shavers to the latest innovation in the form of a hair regrowth laser used in salons or at home. Continue reading
The global market for hair coloring services in salons increases every year, driven by the aging population paired with the desire to look younger, as well as the increasing consumer base and spending in developing markets. According to Salon Hair Care Global Series, the segment grew by a healthy 2.5% in 2014, increasing above the overall salon hair industry’s growth. This continued upward trend has not only incited sales in the colorants category, but has also boosted sales of hair treatments that target colored hair. Between 2009 and 2014, the hair treatments category has globally increased at a compound annual growth (CAGR) of almost 6.5%.
SOURCE: Kline’s Salon Hair Care Global Series.