Tue. Apr 16th, 2024

365Telugu.com Online News, Hyderabad, May 1st, 2023: Hair dyeing is a big business. The global hair color market size will reach $21.19 billion in 2022 and reach $23.3 billion in 2023, growing at a CAGR of 10.0%. The Russia-Ukraine war has disrupted prospects for global economic recovery from the COVID-19 pandemic.

The war between the two countries led to economic sanctions on many countries, increased commodity prices, supply chain disruptions, and inflation in goods and services. Moreover, it has affected many markets worldwide. The hair color market size is expected to grow to $32.99 billion by 2027 at a CAGR of 9.1%.

“Market experts say that the global hair color market will reach $33.7 billion by 2030. There is a good demand for hair color in the market”. Dr Leila Asfour of the British Association of Dermatologists says.

“A lot of research has been done on hair color used around the world. From the perspective of the general public, researchers say we are one step closer to turning white hair back to black. However, from a medical perspective, the world needs to better understand other complexities.” Clinicians say it can also help us understand the nature of the disease, for example, melanoma or serious skin cancer.

It also helps in understanding the medical condition called alopecia areata. In this condition, the body’s own immune system attacks the hair. It causes hair loss. Sometimes these patients develop white hair.

According to Dr. Leela, “This research can provide more information about vitiligo, which is the appearance of white spots on any part of the skin. To keep the skin’s natural color, scientists can try transplanting hair follicles in the affected area. More studies are needed on this,” says Dr. Leela. Dr Yushur Al-Nuami of the British Hair and Nail Society says scalp health is important as we age for good hair growth.