Industry Overview of Hair Oil Market

Hair oil represents an oil-based personal care product that is specifically designed to enhance the condition of the hair. It is manufactured by using vegetable and mineral oils as base oils. Some of the common extracts include rosemary, holy basil, aloe vera, and among others, and can also be customized according to the hair type of the user. It provides comprehensive treatment for all hair-related issues and assists in treating hair loss, premature greying, dandruff, etc. In line with this, hair oil is also utilized as a style aid, conditioner, healing tonic, etc. Medicated hair oils improve blood flow to the scalp, promote regrowth, offer strength and shine, ensure a calming effect after use, etc. Consequently, it is extensively utilized across the globe.

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 rising prevalence of hair-related issues and diseases, such as telogen effluvium, dandruff, alopecia areata, scalp inflammations, etc., on account of the growing levels of stress and exposure to environmental pollution, is primarily driving the hair oil market. Additionally, the easy product availability via online and offline organized retail channels is further bolstering the market growth. Besides this, the escalating demand for herbal hair care products with natural ingredients is acting as another significant growth-inducing factor. Moreover, the emerging trend of online beauty communities is propelling the use of on-demand videos regarding hair care treatments, which is positively influencing the global market. Apart from this, the introduction of clean-label, cruelty-free, and organic product variants by leading manufacturers is anticipated to fuel the hair oil market over the forecasted period.

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).