"Assisting You in Establishing Data Driven Brands"

Hair Oil Market Size, Share & Industry Analysis, By Product Type (Coconut Oil , Almond Oil, Argon Oil, Others), By Category (Non-Medicated, Medicated), By Distribution Channel (Hypermarkets & Supermarkets, Pharmacies, Online Stores, Others) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI104391 | Status : Ongoing

 

KEY MARKET INSIGHTS

Hair oils are commonly used by an individual to avoid the incidences of hair fall, dandruff, and other hair problems. Growing awareness regarding the availability of a variety of hair care products is primarily driving the growth of the market. Consumers precisely look for hair oils according to their hair type such as dry, and silky. Hair oils essentially help in increasing the length & strength of the hairs which thereby fuelling the market growth.


Nowadays, hair oils made up of various plant extracts such as holy basil, aloe Vera, and others are widely popular among people as they effectively help in nourishing the hairs. Hence, manufacturers are keenly focusing on producing such medicated hair oil products to solve the hair related problems of an individual. For instance, in 2018, British haircare brand Champo of a parent company CHAMPO LTD. launched various Ayurveda principle-based hair care products such as shampoo, hair oil, conditioners, etc. in New York, U.S.

Rising incidences of the hair related problems and diseases such as Alopecia areata, Telogen effluvium, and many others among the people is expected to drive the demand for the medicated hair oil products across the globe. According to the statistics presented by the U.S. National Library of Medicine, as of August 2020, nearly 50 million men and 30 million women are suffering from androgenetic alopecia hair disease in the U.S. Additionally, an increasing number of spa clinics & hair salons across the globe is further supporting the growth of the market.

Moreover, changing hair fashion trends is further driving the demand for newer kinds of hair care products. Increasing consumption of on-demand videos related to hair care products & hair treatments is further fuelling the growth of the market. Besides this, shifting consumer preferences towards herbal-based hair care products is further driving the demand for hair oils made up of natural materials.

Key Market Driver -

Rising incidences of hair related problems among the people is expected to drive the market growth.

Key Market Restraint -

Wide presence of counterfeit hair care products is anticipated to restrain market growth.


However, the wide presence of counterfeit hair care products is anticipated to restrain market growth. Similarly, a largely fragmented industry is expected to limit the growth of prominent brands.

Key Players Covered:


The key players associated with the global hair oil market are, Merico Inc., Dabur India Ltd., Emami Ltd., Henkel AG & Co. KGaA, The P&G Company, Unilever Plc., Vogue International LLC., Vital’s Cosmetics International Inc., Now Foods, Brock Beauty Inc., and many others.

The global hair oil market is segmented based on product type, category, distribution channel, and geography.

Based on the product type, the market is segmented into coconut oil, almond oil, argon oil, and others. The coconut oil segment is expected to hold a major share of the market owing to the cost-effectiveness of such type of hair oil over the other types. Additionally, coconut oil essentially helps in the treatment of the dry & damaged hairs which thereby supports further segmental growth.

By category, the global market is segmented into non-medicated and medicated. The largest share of the medicated segment is attributed to the large consumer shift towards purchasing professional hair care products under the prescription of the medical experts which results in larger segmental revenues. Additionally, medicated hair oils are considered as the most trusted hair oil products over other types which results in the large segmental demand.

Based on the distribution channel, the global market is segmented into hypermarkets & supermarkets, pharmacies, online stores, and others. The hypermarkets & supermarkets segment is expected to hold a major share of the market owing to the wide availability of the local as well as branded personal care items at these stores. Additionally, hair oil products are commonly kept as the counter (OTC) products at such stores which help in further driving the segmental growth.

Regional Analysis:


By geography, the global hair oil market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.

Asia Pacific region is expected to hold a major share of the market owing to the large presence of the aged population in the countries such as China, Japan, and South Korea which results in the large consequences of hair-related diseases in these countries and is likely to drive the demand for the hair care products in the region. According to the data presented by the Statistics Bureau of Japan, in 2019, the total number of the population aged 65 years & above in Japan reached 35.89 million. Additionally, rising awareness regarding personal care and health hygiene among the population in the region is further driving the growth of the market in the region.

North America region is expected to grow at a faster rate for the global hair oil market owing to the presence of the large infrastructural facilities related to the spa clinics in the countries such as Mexico and the United States which is likely to support the demand for the medicated hair oil products in the region. According to the data presented by the American Med Spa Association, in 2018, the total number of med spas in the U.S. reached 5,431. Additionally, the rising popularity of professional hair & skin care products coupled with the presence of a higher-income group of population is further driving the growth of the market in the region.

To gain extensive insights into the market, Request for Customization


Segmentation


























 ATTRIBUTE

  DETAILS

By Product Type



  • Coconut Oil

  • Almond Oil

  • Argon Oil

  • Others



By Category



  • Non-Medicated

  • Medicated



By Distribution Channel



  • Hypermarkets & Supermarkets

  • Pharmacies

  • Online Stores

  • Others



By Geography



  • North America (U.S., Canada, and Mexico)

  • Europe (Germany, France, Italy, Spain, U.K., Russia, and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)

  • South America (Brazil, Argentina, and Rest of South America)

  • Middle East & Africa (South Africa, UAE, and Rest of ME&A)



Key Industry Developments:



  • In July 2020, Marico Ltd., a global FMCG major acquired 55% equity shares of an Ahmedabad, India-based company Beardo to grow its business in the men’s grooming category including various products such as beard & hair oils, beard balm, beard washes, face wash, serums, and others. 

  • In January 2020, Puig-Exea Corporation launched various skin & hair care products such as serums, shampoo, hair mask, hair oils, conditioners, cleansers, toners, and others under its brand Apivita in the U.S. market.





  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Consumer Goods Clients

SPG
Facebook
Radico
Health Canada
Asahi

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X