The hair lacquers market in the US has demonstrated consistent growth over the past decade, with the per capita value increasing from $1.21 in 2013 to $2.01 in 2023. From 2023, the market shows a stagnant increase with a 2% Compound Annual Growth Rate (CAGR) over the past five years. Year-on-year growth was 2.6% in 2022 and 2.0% in 2023. The market displayed resilience even during economic downturns. For 2024, forecasts suggest potential incremental growth due to innovators in product formulations and rising consumer interests in premium hair care products.

Future trends to watch include:

Increased consumer preference for sustainable and eco-friendly hair lacquers.
Growing demand for products suitable for diverse hair types.
Technological advancements in formulations enhancing product efficacy.
Potential impact of economic factors on luxury and non-essential item consumptions.