L’Oréal Professionnel forays into the metaverse
L'Oréal Professionnel, the leading brand in professional hair tech, has forayed into the Metaverse, embracing cutting-edge technology and elevating self-expression in the realm of hair beauty. As pioneers in the field of hair tech, L'Oréal Professionnel recognizes the immense potential of the Metaverse and is committed to revolutionizing the industry by offering more inclusive, diverse, and creative hair looks for virtual identities. According to a research by Grand View Research, Inc., the global metaverse market is all set to grow at a CAGR of 41.6 per cent which will lead the market to amount to an estimate of US$ 936.6 billion by 2030. For India, Arthur D. Little, the strategy and management consulting company, India’s Metaverse market is projected to reach $200 billion by 2035. Metaverse resonates with current trends in self-expression and digitalization. It provides an immersive space for users to create digital identities, experiment with avatars, styles, and experiences, reflecting their real-world personas. As digitalization blurs physical and virtual boundaries, the metaverse enables global access to products, services, and social interactions, enhancing connectivity.
NFTs | OpenSea | News
