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Hair Oil Market - Segmentation by Type (Coconut Oil, Almond oil, Argan Oil, Others), Application (Individual and Commercial), Distribution Channel (Specialty Stores, Drug Stores/Pharmacies, Supermarket/Hypermarkets, Convenience Stores, Online and Others), and Geography – Global Industry Analysis Growth, Share, Value, Trends, and Competitive Growth Report 2022 to 2027

Published: January, 2022
ID: 9157
Pages: 145

Hair Oil Market Size & Growth Analysis (2021- 2026):

Hair Oil Market was worth US$ xx million in 2021, and it is estimated to reach a valuation of US$ xx million by the end of 2026, progressing at an annual compound rate of 5.29% between 2021 and 2026.

Hair oil is a hair care product specifically designed to balance hair moisture and is used as a nutrient before and after washing. Hair oil is considered a conditioner that makes hair soft and smooth. Since hair is widely affected by harmful factors such as pollution, dust, and unhealthy eating habits, hair oil has become an integral part of the hair care system, as it improves the texture and condition of the hair. The hair oil guarantees nutrition, hair strengthening, reduced hair loss, and rapid growth. Many consumers believe that hair oil massage has a cooling effect on the hair and helps with styling while keeping it smooth, soft, and shiny.

Recent Developments and Trends:

  • Marico South Africa Pty., A wholly owned subsidiary of Marico Limited (MSA) acquired ISOPLUS, the leading hairdressing brand in South Africa.
  • Coconut oil is dominated by the Marico parachute, while Bajaj and Dabur traditionally focus on almonds and amla.

Hair Oil Market Growth:

As the demand for natural and organic hair care products increase, women are spending high on hair care products like hair oils, shampoos, conditioners, and serums, accelerating the global market.

Hair Oil Market Drivers:

The hair oil market is expected to expand at a constant pace and will continue to grow during the forecast period due to the demand for healthy, manageable, and shiny hair that drives the buying decisions of most consumers. The hair oil is an integral part of the hair care routine and efficiently handles various problems such as hair loss, dandruff, drying, and breakage. In addition, manufacturers are increasing their R&D activities to further improve and improve hair oils in response to changing consumer demands. Hair oils that contain natural ingredients in the formulation are experiencing enormous popularity and significant growth. Hair oil companies are launching light hair oils such as avocado oil and olive oil, which are opportunities in the hair oil market. 

Market growth is expected to accelerate as the popularity of branded products increase, whose main objective is to maintain natural hair growth. The higher propensity to certain ingredients of origin and the absence of preparations are expected to accelerate market growth. Organized retailers are maximizing their market share by attracting consumers and offering a variety of products based on competitive pricing schemes. Retail stores offer consumers a new shopping experience by providing the convenience of buying and great value.

Hair Oil Market Restraints:

The use of more sophisticated shampoos and oil-free hair care products can hinder the growth of the hair oil market.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 – 2026

Base Year

2020

Forecast Period

2022 - 2027

CAGR

5.29%

Segments Covered

Type of Product, Application, Distribution channel

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

  1. Johnson & Johnson
  2. Coty Inc.
  3. L'Oreal S.A.
  4. Unilever PLC
  5. Dabur India Limited
  6. Marico Limited
  7. Emami Group
  8. Bajaj Corp Ltd
  9. Procter & Gamble

Market Segmentation:

The global hair oil market is broken down by

  • Type of product
  • Application
  • Distribution channel

Hair Oil Market - By Product Type:

The hair oil market is divided into coconut oil, almond oil, argan oil, and others. The almond oil segment is expected to grow at a rapid pace as consumers choose more light and non-sticky hair oil, and the current generation seems to be attracted to it.

Hair Oil Market - By Application:

The market is divided into individual and commercial. The commercial sector is separated into beauty salons and spas. The rising disposable income, coupled with the launch of several hair care centers is promoting the commercial segment around the world. 

Hair Oil Market - By Distribution channel:

The hair oil market is classified into hypermarkets/supermarkets, specialty stores, online stores, and others (department stores, independent sellers). All the offline stores account for the highest portion of the global hair oil business, which, however, is about to change in the coming years with the increasing e-commerce and m-commerce sales.

Regional Analysis:

By region, the world hair oil market is divided into

  • North America
  • Europe
  • Asia Pacific
  • Latin America 
  • Middle East, and Africa

The Asia-Pacific hair oil market is likely to dominate the global business, due to population growth, increasing hair-related problems and pollution levels, and overgrowing demand for hair growth. There are a growing number of people facing scalp issues, such as hair loss, dry and damaged hair, split ends, and others. In addition, awareness about the appearance of youthful hair is increasing, supporting the local market. The Indian market is foreseen to grow faster in the Asia-Pacific region, followed by China and Japan.

Top Leading Company:

Unilever PLC products are widely used for hair care in Western countries, as the product moisturizes the hair and acts as a conditioner and softener for skin and hair.

Leading Key Players mentioned in the Market:

  1. Johnson & Johnson
  2. Coty Inc.
  3. L'Oreal S.A.
  4. Unilever PLC
  5. Dabur India Limited
  6. Marico Limited
  7. Emami Group
  8. Bajaj Corp Ltd
  9. Procter & Gamble
  10. Himalaya Drug Company

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Hair Oil Market, By Type                       

                                6.1.1 Coconut Oil             

                                6.1.2 Almond Oil              

                                6.1.3 Argan Oil  

                                6.1.4 Market Size Estimations & Forecasts (2022 - 2027)   

                                6.1.5 Y-o-Y Growth Rate Analysis             

                                6.1.6 Market Attractiveness Index          

                6.2 Hair Oil Market, By Distribution Channel                        

                                6.2.1 Specialty Stores    

                                6.2.2 Drug Stores/Pharmacies   

                                6.2.3 Supermarket/Hypermarkets           

                                6.2.4 Convenience Stores            

                                6.2.5 Market Size Estimations & Forecasts (2022 - 2027)   

                                6.2.6 Y-o-Y Growth Rate Analysis             

                                6.2.7 Market Attractiveness Index          

                6.3 Hair Oil Market, By Application                           

                                6.3.1 Individual 

                                6.3.2 Commercial            

                                6.3.3 Market Size Estimations & Forecasts (2022 - 2027)   

                                6.3.4 Y-o-Y Growth Rate Analysis             

                                6.3.5 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region  

                7.2 North America - Market Analysis (2022 - 2027)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Type    

                                7.2.3 By Distribution Channel     

                                7.2.4 By Application        

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Type    

                                7.3.3 By Distribution Channel     

                                7.3.4 By Application        

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Type    

                                7.4.3 By Distribution Channel     

                                7.4.4 By Application        

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Type    

                                7.5.3 By Distribution Channel     

                                7.5.4 By Application        

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Type    

                                7.6.3 By Distribution Channel     

                                7.6.4 By Application        

8. Key Player Analysis                                    

                8.1 Coty Inc.                      

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 L'Oreal S.A                  

                8.3 Unilever PLC                              

                8.4 Dabur India Limited                 

                8.5 Marico Ltd                   

                8.6 Emami Group                            

                8.7 Bajaj Corp Ltd                            

                8.8 Procter & Gamble                    

                8.9 Himalaya Drug Company                       

                8.10 Johnson & Johnson                              

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  1. Global Hair Oil Market By Region, From 2022 - 2027 ( USD Billion )
  2. Global Hair Oil Market By Type, From 2022 - 2027 ( USD Billion )
  3. Global Coconut Oil Market By Region, From 2022 - 2027 ( USD Billion )
  4. Global Almond Oil Market By Region, From 2022 - 2027 ( USD Billion )
  5. Global Argan Oil Market By Region, From 2022 - 2027 ( USD Billion )
  6. Global Hair Oil Market By Application, From 2022 - 2027 ( USD Billion )
  7. Global Individual Market By Region, From 2022 - 2027 ( USD Billion )
  8. Global Commercial Market By Region, From 2022 - 2027 ( USD Billion )
  9. Global Hair Oil Market By Distribution Channel, From 2022 - 2027 ( USD Billion )
  10. Global Specialty Stores Market By Region, From 2022 - 2027 ( USD Billion )
  11. Global Drug Stores/Pharmacies Market By Region, From 2022 - 2027 ( USD Billion )
  12. Global Supermarket/Hypermarkets Market By Region, From 2022 - 2027 ( USD Billion )
  13. Global Convenience Stores Market By Region, From 2022 - 2027 ( USD Billion )

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