Hair Dye & Colourants. Hair Color Manufacturing with Formula.
Hair dye is one of the oldest known beauty preparations, and was used by ancient cultures in many parts of the world. Hair dyes and colors are being used by more and more men and women. Initially, people dyed their hair only when it turned grey with age. But, these days, the use of hair color is so common that it is even a fashion statement.
Hair dyes are composed of basically combination of few dyeing chemical compounds. It may be in powder form or in solution form. Selection of chemicals should be non-toxic and non-corrosive to the skin as well as in the eyes. It is manufactured by some organized company with very good quality product in competitive price. Hair dye is used for hair leaning and also used for beautification of hair by making black colour or any other fancy colour.
Cost Estimation:
Capacity: 2000 Bottles / Day Each Bottle 100 ML
Plant and Machinery cost: 16.00 Lakhs
Rate of Return (ROR): 47.00 %
Break Even Point (BEP): 45.00 %
Cost of Project: 81.00Lakhs
Market Outlook
The domestic hair-dye market is valued at Rs 250 crore, growing at the rate of 25 per cent per annum.
The industry has been witnessing the tremendous sales of hair care products in the FMCG market. At the same time, it has also been observed that the target customers of the hair care products vary from urban to rural region. In the current situation, hair care industry is focused on both males and females, even though a few decades ago skin industry was predominantly oriented towards female customers. The hair care products are basically oriented towards protection of hair beauty due to the popularity of the idea of stylish and healthy hair. Further, a lot of research is going on to customize hair care products as per the hair needs which would result in various innovative customized product ranges. With these initiatives in the hair care researches, it is expected that India Hair Care market will grow at a CAGR of around 18% during 2016-2020.
With the rapid urbanization and increasing working population, the demand for products, like hair color, which provides a more presentable and stylish look, is gaining deeper roots. Once considered by the affluent class as a beauty treatment, the hair color market in India is expected to grow with highest CAGR in lieu of changing consumption patterns across the country.
Hair colors are gradually witnessing increased demand across the globe. This can be attributed to the ever-rising influence of the fashion industry and a rise in the global aging population. A recent trend noted in this segment is an increase in male consumers. Men’s grooming products have gained much popularity in recent years and this global trend is reflected in the hair color market as well.
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Contact us:
Niir Project Consultancy Services
An ISO 9001:2015 Company
106-E, Kamla Nagar, Opp. Spark Mall,
New Delhi-110007, India.
Email: npcs.ei@gmail.com , info@entrepreneurindia.co
Tel: +91-11-23843955, 23845654, 23845886, 8800733955
Mobile: +91-9811043595
Website: www.entrepreneurindia.co , www.niir.org
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