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Hair Oil Market 2019 – 2024 Market Size, Share and Trends Analysis by Major Manufacturers, Growth Rate, CAGR Status, and Regional Segmentation with Forecast Details

Hair

The “Hair Oil Market” report delivers data about the landscapes which drive the development of Hair Oil industry. The Hair Oil market consists of large key companies who play a vital role in the production, manufacturing, sales, and distribution of the products. Hair Oil market research report provides crucial information related to overall Hair Oil market with respect to market size, applications, end-user industry size, types, and various other factors.

Scope of the Report:

  • The global hair oil market is segmented based on product type, application, distribution channel, and region. In terms of product type, the hair oil market is segmented into coconut oil, almond oil, argan oil, and others and by distribution channel. Based on distribution channel, market is segmented into specialty stores, drug stores/pharmacies, supermarkets/hypermarkets, convenience stores, and other distribution channels. In addition, coconut oil has antibacterial properties and nutrients, responsible for ideal hair and scalp protection from bacteria/protozoan/viral infections. Argan oil has numerous benefits when applied on hair. Argan oil is often used for hair treatment. It is extremely beneficial for hair and scalp, and also used as a conditioner. Moreover, it is considered as an excellent agent for taming frizz and promoting shine and gloss, as well as softer hair.

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    Market Overview:

  • The global hair oil market is forecasted to reach USD 3.9 billion by 2024 growing at a CAGR of 4.78% during the forecast period (2019 – 2024). Rising demand for natural and organic haircare products encouraged women to spend more on organic haircare products and hair oils, such as shampoos, conditioner, and serums. The growing popularity of brands whose primary purpose is maintaining natural hair growth is expected to drive the market’s growth. Rising inclination toward origin-specific ingredients and free-from formulations are expected to augment the market’s growth. The organized retail outlets are maximizing market share by attracting consumers on the basis of competitive pricing schemes and by offering product varieties. The retail outlets are offering a new shopping experience to consumers by providing comfort and convenience of shopping along with great-value.

    Competitive Landscape: The report also presents the market competitive landscape and a corresponding detailed analysis of the major players in the market. Hair Oil Market Segment by Key Players 

  • Dabur
  • Marico Limited
  • Bajaj Corp Ltd
  • Emami Group
  • L’Oreal SA
  • Unilever
  • Henkel AG & CO. KGAA
  • Bio Veda Action Research Co.
  • MorrocanOil

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    Key Market Trends:

    Argan Oil Gaining Popularity in Hair Oil Market

    Argan oil is widely used in western countries in hair care as it moisturizes hair and acts as conditioner and softener for skin and hair. Argan oil is now used across the globe for a variety of culinary, cosmetic and medicinal applications however the usage in skin care and hair care segments are growing at a faster pace. The various phenolic compounds in argan oil fatty acids and a variety of phenolic compounds. The majority of the fat content of argan oil comes from oleic and linoleic acid. Additionally, argan oil which is a rich source of vitamin E, is widely used for healthy hair. This vitamin also has powerful antioxidant properties are likely responsible for most of its antioxidant and anti-inflammatory capacities. Other compounds present in argan oil, such as Coenzyme (CoQ10), melatonin and plant sterols, also play a role in its antioxidant capacity.

    Asia-Pacific is the Fastest Growing Regions

    Asia-Pacific is the fastest growing region in the hair oil market. India is one of the leading markets for hair oil in the Asia-Pacific region. India Hair Oil Market Growing Strongly. Coconut oil segment is the most famous one across the country especially in Sothern India. Coconut-based oils were dominated by Marico’s Parachute, Bajaj and Dabur are traditionally focused on almond and amla, respectively. As there have been constant rise in the population of the country, the demand of daily essential commodities is observed to be increasing during the forecast period, and so is demand for hair oils. With hair oil having one of the highest market penetrations at 90%, most companies had been playing to their strengths so far.

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    There are 4 key segments covered in this Hair Oil Market report:

    • Competitor segment
    • Product type segment
    • End-use/application segment
    • Geography segment

    What does this report deliver?

    • Comprehensive analysis of the Hair Oil market with respect to regions.
    • Complete coverage of all the segments in the Hair Oil market to analyze the trends, developments in the global market and forecast of market size up to 2024.
    • Comprehensive analysis of the companies operating in the Hair Oil market.
    • The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
    • The growth matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

    Hair Oil Market Report TOC Contains the Following Points:

    • Introduction of Market or Scope of Report
    • Research Methodology of Hair Oil Market
    • Executive Summary of Hair Oil Market
    • Overview of Hair Oil Market
    • Market Drivers, Restraints, Opportunities, and Key Challenges of Hair Oil Market
    • Hair Oil Market Segmentation by Product Type, Applications, and End-Users
    • Competitive Landscape by New Product Launches, Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships
    • Hair Oil Market Analysis by Key Players
    • Future Trends and Recent Developments of Hair Oil Market

    For Detailed TOC Click Here

     

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