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Rising demand for hair oils with antimicrobial properties to prevent infections is a key factor driving revenue growth of the market
— Emergent Research
VANCOUVER, British Columbia, Canada, Jan. 24, 2023 /EINPresswire.com/ — Oil-based cosmetics called hair oils are used to care and maintain hair. Products that contain hair oils may contain different oils. These are frequently claimed to help damage, dry, or grow hair.The oil is a common ingredient in cosmetics such as shampoos, heat protectants, hair drops and hair masks. Sebum is produced by glands around each hair follicle in humans. Other mammals also produce lanolin and other equivalent oils. Similar to natural oils, synthetic hair oils can reduce dryness on the scalp by creating a hydrophobic film that reduces transepidermal water loss and skin evaporation.
According to the latest analysis by Emergen Research, the global hair oil market size is expected to be USD 4.31 billion in 2021, registering a revenue CAGR of 3.8% during the forecast period. Market revenue growth is mainly driven by factors such as increased investment in R&D activities by major players and innovative new product launches by start-ups. Hair oils are rich in essential oils such as tea tree, lavender, coconut and other herbs that help blood circulation to the scalp and prevent hair problems.
Hair oils help with itchiness, dryness, provide nourishment and necessary nourishment to the scalp, resulting in softer, shinier and healthier hair. From argan waste, we have created a biodegradable cosmetic product called ArgaCare that is gentle on acne-prone skin. This product line includes hair oils and scrubs. Additionally, increasing consumer knowledge of ingredients used in skin and hair care and demand for light, non-greasy hair oils are driving the revenue growth of the market.
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Reporting scope:
Forecast period: 2022-2030
CAGR: 3.8%
Base year: 2021
Number of pages: 250
This research report provides in-depth insights on company profile, production value, production capacity, product portfolio, strategic plans such as mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, government and corporate deals, etc. To do. In addition, the report provides a comprehensive his SWOT analysis and Porter’s five forces analysis to help you better understand the competitive landscape of the industry.
Key players profiled in the report:
L’Oreal, Unilever, Dabur.com, Procter & Gamble, CabinKare Group, Coty Inc., Marico, Johnson & Johnson Services, Inc., Sephora USA, Inc., Natural Supply Co.
This research study presents an industry-wide overview of the Hair Oil Market including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, and more. The Global Hair Oil Research Report is a market research study that provides key statistical data on market size, market share, revenue growth and CAGR over the forecast period 2022-2030.
Key highlights of the report
The castor oil segment recorded a stable revenue share in 2021. Castor oil is mainly used to treat alopecia and alopecia and is rich in essential amino acids, omega 6 and omega 8 fatty acids. It’s the natural oils in your hair and locks it into your strands. It also acts as a natural conditioner to keep hair shiny, soft and healthy, and has antifungal and antibacterial properties that help prevent scalp infections caused by moisture and rain. and reduce acne on the scalp. This is expected to drive revenue growth in this segment.
The supermarket/hypermarket segment accounted for the largest revenue share in 2021 due to the wide availability and variety of products offered. Supermarkets provide a convenient environment for customers to evaluate and select from a variety of manufacturers to obtain the products and prices that best suit their needs, driving revenue growth in this segment.
The Asia-Pacific market is expected to register the fastest revenue growth rate due to increasing use of hair oils by individuals. Growing demand for chemical-free Ayurvedic hair oils to prevent hair loss and promote hair growth is also boosting market revenue growth.
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The report analyzes the market based on various categories such as product type, end-user application, and major geographic regions. It provides key insights on the factors expected to influence segment and sub-segment growth.
Emergen Research has segmented the global hair oil market based on product type, oil type, distribution channel, application, and region.
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/Hypermarket
online store
others
Application Outlook (Revenue, USD Billion, 2019-2030)
individual
commercial
others
Major regions include North America, Latin America, Europe, Asia Pacific, Middle East and Africa. Based on demand and trends, consumer behavior and preferences, government initiatives and regulatory frameworks, economic growth, technological developments, supply and demand, patterns of production and consumption, imports/exports, and presence of key Research the markets in these regions. players from each region.
Key Benefits of Buying Global Hair Oil Report:
Comprehensive analysis of the changing competitive landscape
Supports the business decision-making process along with detailed strategic planning methodology
The report offers an eight-year forecast and assessment of the global hair oil market
Helps understand key product segments and their estimated growth rates
In-depth analysis of market drivers, constraints, trends and opportunities
Comprehensive regional analysis of the global hair oil market
Extensive profiling of key stakeholders in your business area
An In-Depth Analysis of Factors Influencing the Growth of the Global Hair Oil Market
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The global hair oil market size is expected to be USD 4.31 billion in 2021, growing at a revenue CAGR of 3.8%.
