Hair oil is a hair care product mainly intended to maintain the moisture balance of hair. As hair is extensively affected by various factors such as pollution, dust, and unhealthy eating habits, oiling the hair has become an integral part of the hair care regime as oiling improves hair texture and condition. Hair oiling provides benefits of nourishment, strengthening the hair, reducing hair fall, and ensures faster growth.
MARKET DYNAMICS
The growing trend for the usage of professional hair products, increasing hair damage and hair fall problems due to pollution, rising ageing population, and the increasing awareness of consumers about natural products are the driving factors for the global hair oil market. Moreover, manufacturers are increasing R&D activities to improve further and enhance hair oils based on evolving consumer needs. The high social media presence of a large youth population, who constantly keep up with the changing hair care trends, is- influencing the market's growth. The online retail segment is growing fast and is turning out to be a significant sales channel for hair oil.
MARKET SCOPE
The "Global Hair Oil Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the hair oil market with detailed market segmentation by type and distribution channel. The global hair oil market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hair oil market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global hair oil market is segmented into type and distribution channel. By type, the hair oil market is classified into coconut oil, almond oil, amla oil, and others. By distribution channel, the hair oil market is classified into supermarkets and hypermarkets, convenience stores, online retail, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global hair oil market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The hair oil market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the hair oil market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the hair oil market in these regions.
MARKET PLAYERS
The report covers vital developments in the hair oil market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the hair oil market are anticipated to lucrative growth opportunities in the future with the rising demand for hair oil in the global market. Below mentioned is the list of few companies engaged in the hair oil market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the hair oil market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Loreal S.A.
- Unilever PLC
- Marico
- Dabur
- Emami Group
- The bajaj Group
- Henkel AG & CO. KGAA
- CavinKare Group
- Procter & Gamble
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.