Hair Oil Market Size, Share & Trends Forecast 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Hair Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global hair oil market analysis, growth, share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Industry Overview of Hair Oil Market

Hair oil is a specialized personal care product that aims to improve the health and appearance of the hair. It is formulated using a combination of vegetable and mineral oils as its base ingredients. Commonly used extracts, such as rosemary, holy basil, aloe vera, and others, are added to provide additional benefits based on the user’s hair type. Hair oil offers comprehensive solutions for various hair concerns, including hair loss, premature greying, and dandruff. Additionally, it can be used as a styling aid, conditioner, and healing tonic. Medicated hair oils are specifically designed to enhance blood circulation in the scalp, stimulate hair growth, strengthen and add shine to the hair, and provide a soothing effect. As a result of these advantages, hair oil is widely used by individuals around the world.

How Big Is the Hair Oil Market?

The global hair oil market size reached US$ 4.16 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 5.38 Billion by 2028 exhibiting a CAGR of 4.27% during 2023-2028.

Global Hair Oil Market Trends and Drivers:

The increasing incidence of hair-related problems and conditions, including dandruff, hair loss, scalp inflammation, and others, due to factors like stress and exposure to environmental pollutants, is a key driver for the hair oil market. The market is further supported by the easy accessibility of hair oil through online and offline retail channels. The growing demand for herbal hair care products that utilize natural ingredients is also contributing to market growth. Additionally, the rise of online beauty communities and the availability of on-demand videos on hair care treatments are positively influencing the global market. Furthermore, leading manufacturers introducing clean-label, cruelty-free, and organic product variations are expected to drive the hair oil market in the coming years.

Key Market Segmentation:

The report provides detailed segmentation of the global hair oil market based on based on type, product type, category, application, and distribution channel.

Type Insights

• Light Hair Oil
• Heavy Hair Oil
• Cooling Hair Oil
• Others

Product Type Insights

• Coconut Oil
• Almond Oil
• Argan Oil
• Others

Category Insights

• Non-Medicated
• Medicated

Application Insights

• Individual
• Commercial

Distribution Channel Insights

• Hypermarkets and Supermarkets
• Pharmacies
• Online Stores
• Others

Regional Insights:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

The report provides a comprehensive analysis of the industry key players listed below:

The Major Players in the market are Amway Corp. (Alticor Inc.), Aveda Corporation (The Estée Lauder Companies) Bajaj Consumer Care Ltd, CavinKare Group, Dabur Ltd, Emami Limited, Himalaya Wellness Company, Johnson & Johnson Private Limited, Marico Limited, Patanjali Ayurved Limited, The Avon Company (Natura Co Holding S/A).

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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