Global Hair Oil Market, By Type (Coconut Oil, Almond oil, Argan Oil and Others), Material (Light Hair Oil, Heavy Hair Oil, Cooling Hair Oil and Others), Category (Non-Medicated and Medicated), Application (Individual, Commercial and Others. Commercial is further sub segmented into beauty salon and spa), Distribution Channel (Speciality Stores, Drug Stores or Pharmacies, Supermarket, Hypermarkets, Convenience Stores and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Hair Oil Market
The hair oil market is expected to witness market growth at a rate of 4.2% in the forecast period of 2021 to 2028 and is expected to reach USD 5,500.0 million by 2028. Data Bridge Market Research report on the hair oil market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while impacting the market's growth. The rise in the demand for herbal oils is escalating the growth of hair oil market.
Hair oil is known to be a cosmetic hair care product which nurtures the scalp and hair, and is also utilized as a conditioner, stylish aid, and healing tonic for hair. Vegetable and mineral oils are utilized as base oil to manufacture several commercial and traditional hair oils. The most recognised ingredient that is utilized in making hair oils is coconut oil. Oiling hair is a frequent traditional habit to take care of hair which gets seriously impacted by dust and pollution in the surroundings.
Major factors that are expected to boost the growth of the hair oil market in the forecast period are the rise in the need for quick and easy hair care solutions to address specific hair issues. Furthermore, the growing disposable income and increase in the middle class population are further anticipated to propel the growth of the hair oil market. Moreover, the rise in the popularity of colour treated hair which need specialty hair oils that can protect the colour treatment and nourish the hair like traditional oils at the same time is further estimated to cushion the growth of the hair oil market. On the other hand, the ease of obtainability of non-oil hair care products is further projected to impede the growth of the hair oil market in the timeline period. In addition, the rise in the inclination for easy to handle hair oil formats will further provide potential opportunities for the growth of the hair oil market in the coming years. However, the usage of more sophisticated shampoos might further challenge the growth of the hair oil market in the near future.
This hair oil market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the hair oil market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global Hair Oil Market Scope and Market Size
The hair oil market is segmented on the basis of type, material, category, application and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the hair oil market is segmented into coconut oil, almond oil, argan oil and others.
- On the basis of material, the hair oil market is segmented into light hair oil, heavy hair oil, cooling hair oil and others.
- On the basis of category, the hair oil market is segmented into non-medicated and medicated.
- On the basis of application, the hair oil market is segmented into individual, commercial and others. commercial is further sub segmented into beauty salon and spa.
- On the basis of distribution channel, the hair oil market is segmented into speciality stores, drug stores or pharmacies, supermarket, hypermarkets, convenience stores and others.
Hair Oil Market Country Level Analysis
The hair oil market is segmented on the basis of type, material, category, application and distribution channel.
The countries covered in the hair oil market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, rest of the Middle East and Africa (M.E.A.) as a part of the Middle East and Africa (M.E.A.), Brazil, Argentina and rest of South America as part of South America.
Asia-Pacific dominates the hair oil market due to the occurrence of the elderly population. Furthermore, the alertness about personal care and health hygiene amongst the population will further boost the growth of the hair oil market in the region during the forecast period. North America is projected to observe significant amount of growth in the hair oil market due to the occurrence of large infrastructural facilities related to the spa clinics in several countries. Moreover, the growing trend of professional hair and skin care products and the incidence of a higher-income group of population is further anticipated to propel the growth of the hair oil market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Hair Oil Market Share Analysis
The hair oil market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the hair oil market.
The major players covered in the hair oil market report are Dabur India Ltd, Marico, bajaj Consumer Care Ltd., Emami Group, L'Oreal S.A., Unilever, Henkel AG, BioVeda Action Research Company, MORROCANOIL., Patanjali Ayurved., Khadi Natural., Coty Inc., Procter & Gamble, CavinCare Group., Johnson & Johnson Private Limited, Himalaya Drug Company, Amway, Conair Corporation, AVEDA CORP. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (M.E.A.) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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