Value-added Hair Oils Market was valued at USD 3.5 Billion in 2022 and is projected to reach USD 5.8 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The value-added hair oils market has seen significant growth between 2018 and 2022, driven by changing consumer preferences towards natural and organic hair care solutions. During this period, the demand for premium oils enriched with additional nutrients, such as argan oil, coconut oil, and essential oils, has surged. These oils are sought for their potential to address various hair concerns, including hair loss, damage repair, and frizz control. Consumers increasingly seek products that offer both cosmetic benefits and overall hair health, fueling the growth of this market. The rise in disposable incomes, along with a shift towards self-care and wellness, has also been a major factor in this expansion.
However, the demand from 2023 to 2033 is expected to see even greater transformation. With continued advancements in the cosmetics industry, the next decade will witness the introduction of even more specialized formulations that cater to a wider variety of hair types and concerns. From scalp health to anti-aging benefits, consumers will demand more targeted and effective solutions. Personalized hair care products are anticipated to dominate the market, with an increased focus on sustainable packaging and eco-friendly ingredients. Brands are investing heavily in research and development to create products that promise not only to enhance the hair's appearance but also to offer long-term health benefits.
The market for value-added hair oils is also becoming more competitive, with an increasing number of both new entrants and established players vying for a share. Social media influence, celebrity endorsements, and a focus on e-commerce platforms are changing the way these products are marketed and sold. Consumer preferences for clean beauty, cruelty-free products, and transparency in ingredient sourcing are driving brands to prioritize ethical practices and sustainability. Additionally, emerging markets in Asia-Pacific and Latin America are expected to contribute significantly to the overall demand, as these regions see a rise in awareness about the benefits of natural hair oils.
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Bajaj
Emami
Marico
Unilever
Bio Veda Action Research
Dabur
Himalaya
LOreal
VLCC
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Value-added Hair Oils Market
Beauty Salons
Spas
Beauty Parlors
Based on Types the Market is categorized into Below types that held the largest Value-added Hair Oils market share In 2023.
Light Hair Oils
Amla Based Hair OilsÂ
Value Added Coconut Hair Oils
Cooling Hair Oils
Anti-Hair Fall Oils
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Value-added Hair Oils Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Value-added Hair Oils Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Value-added Hair Oils Market, By Type
6. Global Value-added Hair Oils Market, By Application
7. Global Value-added Hair Oils Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Value-added Hair Oils Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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