Global Hair Oil Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Category;
Non-Medicated and Medicated.By Product Type;
Coconut Oil, Almond Oil, Argan Oil, and Others.By Distribution Channel;
Speciality Stores, Drug Stores/Pharmacies, Supermarket/Hypermarkets, Convenience Stores, and Other.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Hair Oil Market (USD Million), 2021 - 2031
In the year 2023, the Global Hair Oil Market was valued at USD 4,636.64 million. The size of this market is expected to increase to USD 5,939.11 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 3.6%.
The Global Hair Oil Market is a dynamic and ever-evolving industry that encompasses a wide range of products designed to nourish, strengthen, and beautify hair. Hair oil has been an integral part of hair care routines across cultures and regions for centuries, with a rich history of traditional remedies and natural ingredients. Today, the market is characterized by a diverse array of hair oil products catering to various hair types, concerns, and preferences of consumers worldwide.
Hair oil serves multiple purposes, ranging from moisturizing and conditioning hair strands to promoting scalp health and stimulating hair growth. It is formulated using a variety of natural oils, such as coconut oil, argan oil, almond oil, jojoba oil, and olive oil, each offering unique benefits for hair and scalp care. Additionally, hair oil formulations may include herbal extracts, vitamins, and antioxidants to further enhance their efficacy and address specific hair care needs.
One of the key drivers of the Global Hair Oil Market is the growing consumer awareness of the importance of hair care and maintenance. With factors such as pollution, stress, heat styling, and chemical treatments contributing to hair damage and hair loss, consumers are increasingly seeking effective solutions to maintain healthy, lustrous hair. Hair oil products, with their nourishing and protective properties, have gained popularity as essential components of daily hair care routines.
Global Hair Oil Market Recent Developments
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In June 2022, Bajaj Consumer Care announced its plans to introduce new products in various categories, including hair oil, under its flagship Bajaj Almond Drops brand to capitalize on the brand equity of the well-known hair oil label.
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In November 2023, Mamaearth launched a new line of hair oils with natural ingredients.
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In July 2021, Marico invested 60% of the stake in Apcos Naturals Pvt. Ltd, which is a well-established brand that sells skincare and haircare products. The company's strategy for investing is to manufacture new hair care products that meet the consumers' preferences and maintain dominance in the industry.
Segment Analysis
The Global Hair Oil Market has been segmented by Category, Product Type, Distribution Channel and Geography, based on Product Type categorizes hair oils according to their formulation, ingredients, and intended use. This includes various types such as coconut oil, almond oil, argan oil, olive oil, and others. Each type of hair oil offers unique benefits and is formulated to address specific hair care needs, such as moisturizing, nourishing, strengthening, or promoting hair growth. Understanding the preferences and demands for different types of hair oils enables companies to tailor their product offerings and marketing strategies to meet diverse consumer needs and preferences.
The Distribution Channel segment analyzes the various pathways through which hair oils reach consumers. This includes channels such as supermarkets/hypermarkets, specialty stores, online retail, pharmacies/drugstores, and others. Each distribution channel has its unique characteristics and target demographics. Supermarkets and hypermarkets offer a wide range of hair care products and attract a broad consumer base seeking convenience and competitive pricing. Specialty stores cater to consumers looking for premium or specialized hair oil products, offering a curated selection and personalized shopping experience. Online retail channels have witnessed significant growth, driven by the convenience of e-commerce platforms and the ability to reach a global audience. Analyzing the performance of hair oil sales across different distribution channels enables companies to optimize their distribution strategies and enhance market reach.
The Geographical segmentation divides the global hair oil market into various regions and countries, taking into account factors such as regional preferences, cultural norms, and socio-economic conditions. Key geographical regions analyzed in this report may include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Each region presents unique opportunities and challenges for hair oil manufacturers and retailers.
Global Hair Oil Segment Analysis
In this report, the Global Hair Oil Market has been segmented by Category, Product Type, Distribution Channel and Geography.
Global Hair Oil Market, Segmentation by Category
The Global Hair Oil Market has been segmented by Category into Non-Medicated and Medicated.
The global hair oil market, segmented by category into non-medicated and medicated products, highlights the diverse needs of consumers seeking different benefits from hair care oils. Non-medicated hair oils are the most commonly used products, offering general benefits such as nourishment, shine, and hair conditioning. These oils, often made from natural ingredients like coconut oil, argan oil, jojoba oil, and almond oil, are designed to hydrate and protect the hair, improving its texture and appearance. Non-medicated hair oils are popular for their ease of use, and they cater to a wide range of consumers, including those looking to prevent dryness, frizz, or damage from environmental factors. The growing preference for natural and organic ingredients in beauty and personal care products has significantly boosted the demand for non-medicated hair oils, especially among health-conscious consumers.
On the other hand, medicated hair oils are formulated with active ingredients that target specific scalp and hair conditions. These products are designed to address issues such as dandruff, hair thinning, scalp irritation, and dryness, often containing medicinal or therapeutic components like tea tree oil, neem oil, or minoxidil. Medicated hair oils are increasingly popular in markets where hair loss and scalp health are significant concerns, with consumers turning to these oils for both preventive and restorative treatments. The medicated segment has grown as awareness of hair care solutions for conditions like dandruff, psoriasis, and alopecia has increased. In addition, many consumers are seeking alternatives to chemical-laden treatments, favoring the perceived safety and effectiveness of natural, medicated oils.
Geographically, the demand for non-medicated hair oils is strong in regions like North America, Europe, and Asia-Pacific, where consumers are seeking daily hair care solutions that promote shine, softness, and overall hair health. In contrast, the medicated hair oil segment is witnessing significant growth in countries like India, where traditional remedies and hair care practices have long been a part of cultural heritage. The rise in scalp-related issues, such as dandruff and hair thinning, has fueled the popularity of medicated oils in these markets. The increasing focus on personalized hair care and the growing availability of both non-medicated and medicated oils through various retail channels, including online stores, have also contributed to the market's expansion. As consumer awareness of hair health continues to rise, the global hair oil market is likely to see further innovation and diversification in both product categories.
Global Hair Oil Market, Segmentation by Product Type
The Global Hair Oil Market has been segmented by Product Type into Coconut Oil, Almond Oil, Argan Oil and Others.
Coconut oil is one of the most widely used and versatile hair oils, known for its nourishing and moisturizing properties. Rich in fatty acids and vitamins, coconut oil helps to strengthen hair, reduce protein loss, and promote healthy growth. It is particularly beneficial for dry, damaged, or frizzy hair, providing hydration and shine. Additionally, coconut oil has antimicrobial properties that can help combat scalp infections and dandruff, making it a popular choice for overall hair and scalp health.
Almond oil is prized for its lightweight texture and high nutrient content, making it suitable for various hair types, including fine or oily hair. Rich in vitamins E and D, as well as omega-9 fatty acids, almond oil nourishes the hair follicles, promotes hair growth, and adds luster and softness to the hair. It is also known for its soothing properties, making it beneficial for relieving scalp irritation and inflammation. Almond oil is often used in hair care products aimed at enhancing shine, managing frizz, and improving overall hair health.
Argan oil, also known as "liquid gold," is derived from the kernels of the Moroccan argan tree and is renowned for its nourishing and conditioning properties. Packed with antioxidants, vitamins, and essential fatty acids, argan oil deeply moisturizes the hair, restores shine, and helps repair damage caused by heat styling, chemical treatments, and environmental factors. It is particularly effective for dry, brittle, or color-treated hair, as it helps to improve elasticity, reduce breakage, and protect against further damage. Argan oil is often used as a key ingredient in premium hair care products targeting hydration, repair, and anti-aging benefits.
Global Hair Oil Market, Segmentation by Distribution Channel
The Global Hair Oil Market has been segmented by Distribution Channel into Speciality Stores, Drug Stores/Pharmacies, Supermarket/Hypermarkets, Convenience Stores and Others.
Specialty stores cater to consumers seeking a curated selection of hair care products, including specialized hair oils formulated to address specific hair concerns or preferences. These stores often offer a personalized shopping experience, with knowledgeable staff assisting customers in selecting the most suitable hair oil products based on their hair type, texture, and desired outcomes. Specialty stores include beauty boutiques, salon-exclusive retailers, and niche outlets that focus on natural and organic hair care products.
Drug stores and pharmacies serve as convenient destinations for consumers to purchase hair oil products alongside other personal care and wellness essentials. These retail outlets typically stock a wide range of hair oils from various brands, catering to diverse consumer preferences and budgets. With their widespread presence in urban and rural areas alike, drug stores and pharmacies play a crucial role in making hair oil products accessible to a broad demographic of consumers, including those seeking medically endorsed formulations or specialized treatments.
Supermarkets and hypermarkets are major retail channels for hair oil products, offering a one-stop shopping experience for consumers looking to fulfill their household needs, including personal care items. These large-scale retail establishments feature extensive hair care aisles stocked with a diverse array of hair oils from both mainstream and niche brands. The convenience of shopping for hair oil products alongside groceries and other everyday items, coupled with competitive pricing and promotional offers, makes supermarkets and hypermarkets a preferred destination for many consumers seeking affordability and convenience.
Global Hair Oil Market, Segmentation by Geography
In this report, the Global Hair Oil Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Hair Oil Market Share (%), by Geographical Region, 2024
North America, characterized by its mature market landscape and diverse consumer preferences, represents a significant market opportunity for hair oil manufacturers. With an increasing focus on natural and organic beauty products, there is a growing demand for hair oils formulated with botanical extracts, vitamins, and essential oils. Furthermore, the prevalence of hair care concerns such as dryness, frizz, and damage due to environmental factors and styling practices drives the adoption of nourishing and conditioning hair oils.
In Europe, consumers exhibit a strong inclination towards premium and luxury hair oil products, influenced by factors such as lifestyle trends, fashion consciousness, and cultural preferences. Hair oils infused with high-quality ingredients, innovative formulations, and sustainable packaging appeal to discerning European consumers seeking effective solutions for hair health and styling needs. Additionally, the rise of clean beauty movements and ethical consumerism fosters demand for ethically sourced and environmentally friendly hair oil products.
Asia Pacific emerges as a key growth region for the hair oil market, driven by factors such as a large population base, rapid urbanization, and changing lifestyle patterns. In countries like India and China, traditional hair care practices and herbal remedies contribute to the popularity of hair oils derived from natural ingredients such as coconut oil, almond oil, and herbal extracts. Moreover, the influence of social media, celebrity endorsements, and beauty trends fuels the adoption of hair oil products for achieving lustrous, healthy-looking hair.
The Middle East and Africa region exhibit a strong cultural heritage of hair care rituals and traditions, with a preference for aromatic and luxurious hair oil formulations. Oils such as argan oil, jojoba oil, and olive oil are prized for their moisturizing, nourishing, and reparative properties, catering to the diverse hair care needs of consumers in the region. Additionally, the presence of a burgeoning beauty industry and increasing disposable incomes contribute to the demand for premium hair oil products. Latin America showcases a growing market for hair oil products, propelled by factors such as a youthful population demographic, increasing urbanization, and rising beauty consciousness.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Hair Oil Market. These factors include; Market Drivers, Restraints and Opportunities.
Drivers, Restraints and Opportunity Analysis
Drivers
- Growing Awareness of Hair Care
- Preference for Natural and Organic Products
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Diverse Hair Care Needs - The Global Hair Oil Market is analyzed in the context of diverse hair care needs, which serve as significant drivers influencing market dynamics and consumer behavior. Understanding these diverse needs is essential for stakeholders within the hair oil market to develop tailored products, formulate effective marketing strategies, and capitalize on emerging trends.
Hair oil is a versatile product that caters to a wide range of hair care needs, including nourishment, hydration, styling, and treatment of various hair and scalp conditions. One of the primary drivers behind the demand for hair oil is its ability to address specific concerns and preferences related to hair health and aesthetics. Different individuals have unique hair types, textures, lengths, and conditions, each requiring specific care and attention. Hair oil formulations can be customized to target these diverse needs, whether it's moisturizing dry and brittle hair, controlling frizz, promoting hair growth, or soothing scalp irritation.
Cultural and regional factors play a significant role in shaping the diverse hair care needs observed in different parts of the world. For example, in regions with arid climates or harsh environmental conditions, hair oil is valued for its protective and moisturizing properties, helping to shield the hair from damage caused by sun exposure, pollution, and dry air. In contrast, in regions with high humidity levels, lightweight hair oils that provide frizz control and manageability are preferred.
Restraints
- Increasing Competition from Hair Care Alternatives
- Changing Consumer Preferences and Lifestyles
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Perceived Greasiness and Residue - Perceived greasiness is a common concern among consumers when using hair oil products. Traditional hair oils often leave a greasy residue on the scalp and hair strands, which can feel heavy, sticky, and unappealing. Consumers may associate greasiness with discomfort, inconvenience, and an undesirable appearance, leading them to avoid or discontinue the use of hair oils altogether. This perception of greasiness creates a barrier to entry for hair oil brands seeking to attract and retain customers in a competitive market landscape.
Residue left behind by hair oils can contribute to a range of aesthetic and functional issues. Residue buildup on the scalp and hair can lead to a visibly oily or dirty appearance, causing embarrassment and self-consciousness for consumers. Residue accumulation may attract dust, pollutants, and other environmental contaminants, exacerbating scalp and hair hygiene concerns. Residue can interfere with hair styling efforts, weighing down hair strands and diminishing volume, texture, and manageability.
Opportunities
- Expansion in Emerging Markets
- Digital Marketing and E-commerce
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Diversification into Multifunctional Products - Modern consumers, especially those leading busy lifestyles, increasingly seek convenience in their personal care routines. Multifunctional hair oil products that combine multiple benefits into a single formulation cater to this demand by streamlining the hair care regimen. By offering functionalities such as nourishment, hydration, repair, styling, and protection in one product, brands can simplify consumers' daily grooming rituals and provide a solution that fits seamlessly into their hectic schedules.
The global hair care market is characterized by diverse consumer needs and hair types, ranging from dry and damaged to oily and frizzy. Multifunctional hair oil products offer versatility and flexibility to address a wide spectrum of hair concerns, making them appealing to a broad audience. Whether targeting specific hair issues such as split ends, frizz, or dullness, or catering to different hair textures and ethnicities, brands can tailor multifunctional hair oils to meet the diverse needs of their target demographics.
Multifunctional hair oil products enable brands to deliver enhanced value to consumers by offering a comprehensive solution that delivers multiple benefits. By bundling various hair care functionalities into one product, brands can justify premium pricing, differentiate themselves from competitors, and strengthen their value proposition in the market. Additionally, the perceived value of multifunctional hair oils as versatile and effective solutions contributes to increased consumer satisfaction and brand loyalty.
Competitive Landscape Analysis
Key players in Global Hair Oil Market include:
- Marico Limited
- Emami Group
- Dabur India Ltd.
- Unilever PLC
- Bajaj Consumer Care Ltd.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Category
- Market Snapshot, By Product Type
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Global Hair Oil Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Growing Awareness of Hair Care
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Preference for Natural and Organic Products
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Diverse Hair Care Needs
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- Restraints
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Increasing Competition from Hair Care Alternatives
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Changing Consumer Preferences and Lifestyles
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Perceived Greasiness and Residue
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- Opportunities
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Expansion in Emerging Markets
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Digital Marketing and E-commerce
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Diversification into Multifunctional Products
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Hair Oil Market, By Category, 2021 - 2031 (USD Million)
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Non-Medicated
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Medicated
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- Global Hair Oil Market, By Product Type, 2021 - 2031 (USD Million)
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Coconut Oil
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Almond Oil
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Argan Oil
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Others
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- Global Hair Oil Market, By Distribution Channel, 2021 - 2031 (USD Million)
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Speciality Stores
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Drug Stores/Pharmacies
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Supermarket/Hypermarkets
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Convenience Stores
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Others
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- Global Hair Oil Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Hair Oil Market, By Category, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Marico Limited
- Emami Group
- Dabur India Ltd.
- Unilever PLC
- Bajaj Consumer Care Ltd.
- Company Profiles
- Analyst Views
- Future Outlook of the Market