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 pays special attention to the key elements of the market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies. The research study also provides a complete analysis of the market drivers, restraints, limitations, threats, risks, and growth opportunities.
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Key Players operating in the industry are:
L’Oreal, Unilever, Dabur.com, Procter & Gamble, CavinKare Group, Coty Inc., Marico, Johnson & Johnson Services, Inc., Sephora USA, Inc., and Natural Supply Co.
Radical Features of the Hair Oils Market Report:
- The report encompasses Hair Oils market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Hair Oils industry
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Segmentation:
- Product Type Outlook (Revenue, USD Billion; 2019–2030)
- Heavy Oil
- Light Oil
- Cooling Oil
- Others
- Oil Type Outlook (Revenue, USD Billion; 2019–2030)
- Coconut Oil
- Argan Oil
- Almond Oil
- Castor Oil
- Others
- Distribution Channel Outlook (Revenue, USD Billion; 2019–2030)
- Supermarket/Hypermarkets
- Online Stores
- Others
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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