In 2023, the hair lacquers market size value per capita in the US stood at approximately $2.01. Forecasted values suggest a steady year-on-year growth from 2024 to 2028, starting at $2.06 in 2024 and reaching $2.25 by 2028. This reflects a compounded annual growth rate (CAGR) of approximately 2.3% over the five-year period, indicating a consistent upward trend.

Future trends to watch for include:

Increasing consumer interest in hair styling products with environmentally friendly and sustainable formulas, which may drive market value.
Technological advancements in product formulation and packaging, enhancing consumer appeal and likely boosting average spending.
Potential market saturation and increased competition, requiring brands to innovate and differentiate their offerings.