Market Snapshot:
Hair oil is an important hair care product for all age groups consumers and it is highly recommended for healthy hair growth. Hair oil is majorly used in the Asia Pacific regions. The COVID-19 pandemic has heavily impacted Indian consumers with an increase in cases of anxiety over the uncertainty of what lies ahead. This has resulted in increased stress and sleep deprivation these parameters enhance the demand for hair oil. Among all types, coconut hair oil holds the major share in the Indian region.
Highlights from Hair Oil Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.6% |
The key Vendors profiled in the report are Bumble and bumble (United States), Kerastase (France), Keranique (Canada), Carol’s Daughter (United States), Schwarzkopf Professional (United States), Marrakesh Haircare (United States), Kevin Murphy (United States), Wella Professional (Switzerland), Milbon Co., Ltd. (Japan) and L’Oréal Professional (France). Additionally, other players that are part of this comprehensive study are Biolage (United States), Redken (United States) and Dabur (India).
Geographic Breakdown and Segment Analysis
The Global Hair Oil market presents a comprehensive analysis of the Hair Oil market by product type (Coconut Oil, Almond Oil, Argan Oil, Avocado Oil and Others), by end-user/application (Anti-Frizz, Density or Growth, Shine Enhancing, Nourishing, Smoothing, Sun Protection and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Hair Oil industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Hair Oil market
Analyst at AMA have segmented the market study of Global Hair Oil market by Type, Application and Region.
Influencing Trend:
High Demand for Organic Hair Care Products
Market Growth Drivers:
Increasing Awareness About Personal Care, Increased Number of Saloons and Rise in the Promotional Activities by Manufacturers
Challenges:
Side Effects of the Products
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Growing Demand for Hair Care Products from Developing Regions and Increased Research and Development Activities
Market Developments Activities:
In January 2024 ,Unilever is set to acquire hair care brand K18. and The business will join the personal care conglomerate’s Prestige beauty division, with the deal being expected to close in the first quarter of 2024
In July 2021, Dabur announced the launch of all New Vatika enriched coconut hair oil, through this initiative the company strengthening its presence in the hair oil industry. The new Vatika Enriched Hair Oil comes with the power of 10 potent herbs.
The companies are discovering the market in new geographical areas by adopting various strategic growth areas such as mergers & acquisitions, expansions, investments, new product launches, and others. The market key players are exploring new areas through growths and achievements across the globe to benefit from competitive advantage through combined synergies.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Hair Oil Manufacturers, Distributors, and Suppliers, Raw Materials Suppliers, Government Regulatory and Research Organizations and End-Use Industries