The global hair oils market size was USD 4.31 Billion in 2021 and is expected to register a revenue CAGR of 3.8% during the forecast period, according to the latest analysis by Emergen Research. Market revenue growth is primarily driven by factors such as rising investments by major companies in R&D activities and launch of new and innovative products by startups. Hair oils are enriched with essential oils, such as tea tree, lavender, coconut, and other herbs, which help in circulation of blood to scalp and prevent hair problems. Hair oils helps with itchiness, dryness, provides nourishment and requirednutrition to scalp, whichresultsin softer, glossier, and healthier strands.. For example, ten Moroccan engineering students created acne-prone skin-friendly biodegradable cosmetics called ArgaCarefrom recycled argan waste. This line of products include hair oils and scrubs, among others. In addition, increased customer knowledge about ingredients used in their skin and hair care regimes and demand for light and non-greasy hair oils are driving revenue growth in the market. For example, jojoba oil is a lightweight oil that is chemically and structurally similar to human sebum and is majorly found in the southern U.S. and northern Mexico. It also has vitamin E and oleic fatty acids and has antibacterial and antioxidant properties.
The report also talks about the shift in demands and emerging trends that are expected to drive the growth of the market. The rising demand for the Hair Oils products is expected to drive the demand for Hair Oils, thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the market. Tools such as Porter’s Five Forces Analysis, SWOT analysis, feasibility analysis, and investment return analysis are used to analyze their growth patterns and market scope for the forecast period of 2020-2027.
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The leading market contenders listed in the report are:
L’Oreal, Unilever, Dabur.com, Procter & Gamble, CavinKare Group, Coty Inc., Marico, Johnson & Johnson Services, Inc., Sephora USA, Inc., and Natural Supply Co.
Key reasons to buy the Global Hair Oils Market report:
- The latest report comprehensively studies the global Hair Oils market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the Hair Oils Market
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Product Type Outlook (Revenue, USD Billion; 2019–2030)
- Heavy Oil
- Light Oil
- Cooling Oil
- Others
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Oil Type Outlook (Revenue, USD Billion; 2019–2030)
- Coconut Oil
- Argan Oil
- Almond Oil
- Castor Oil
- Others
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Distribution Channel Outlook (Revenue, USD Billion; 2019–2030)
- Supermarket/Hypermarkets
- Online Stores
- Others
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Regional Outlook of the Hair Oils Market
The global Hair Oils market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Hair Oils market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global Hair Oils Market report:
- The latest report comprehensively studies the global Hair Oils market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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