What are the recent trends in market size and growth for the therapeutic hair oil market?
The therapeutic hair oil market size has grown strongly in recent years. It will grow from $3.62 billion in 2024 to $3.82 billion in 2025 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to growing urbanization and lifestyle changes, growing preference for natural and organic ingredients, rising aging population, medical endorsements and recommendations, popularity of hair oils enriched with nourishing ingredients and therapeutic properties.
The therapeutic hair oil market size is expected to see rapid growth in the next few years. It will grow to $7.1 billion in 2029 at a compound annual growth rate (CAGR) of 16.8%. The growth in the forecast period can be attributed to growing consumer awareness of the benefits of herbal products, adverse effects of air pollution on hair, growing prevalence of common hair issues, innovative product formulations, rising demand for natural and organic products. Major trends in the forecast period include new product launches, partnerships with influencers, developing portable and user-friendly technologies, technological advancements.
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How have varous drivers impacted the growth of the therapeutic hair oil market?
The increasing demand in the hair care sector is expected to propel the growth of the therapeutic hair oil market going forward. Hair care refers to the practice of maintaining and improving the health, cleanliness, and appearance of hair. Therapeutic hair oil offers specialized products that target specific hair and scalp concerns, as well as specialized, targeted solutions that resonate with evolving consumer preferences and priorities. For instance, in May 2022, according to Global Cosmetic Industry Magazine, a US-based beauty and personal care group, the hair care sector is expected to jump 15% year-over-year, a growth rate that is anticipated to continue through 2024. Further, an additional 6.7 million hair care buyers came into the prestige hair space, while spending per buyer rose by 29%. Therefore, the increasing demand in the hair care sector is driving the growth of the therapeutic hair oil market.
What are the primary segments of the therapeutic hair oil market?
The therapeutic hair oil market covered in this report is segmented –
1) By Product: Anti-dandruff Hair Oil, Anti-greying Hair Oil, Anti-inflammatory Hair Oil, Hair Growth Oil, Other Products
2) By Indication: Alopecia, Inflammatory Skin Disease, Premature Grey Hair, Other Indications
3) By Age Group: Baby And Kids, Men, Women, Unisex
4) By Distribution Channel: E-commerce Websites, Company-owned Websites, Specialty Stores, Hyper market, Other Distribution Channels
Subsegments:
1) By Anti-Dandruff Hair Oil: Tea Tree Oil, Neem Oil, Other Anti-Dandruff Formulations
2) By Anti-Greying Hair Oil: Herbal Formulations, Synthetic Formulations
3) By Anti-inflammatory Hair Oil: Coconut Oil, Jojoba Oil, Other Anti-inflammatory Oils
4) By Hair Growth Oil: Castor Oil, Almond Oil, Other Hair Growth Formulations
5) By Other Products: Essential Oil Blends, Herbal Infusions, Specialty Formulations
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Which firms are leading the therapeutic hair oil market?
Major companies operating in the therapeutic hair oil market report are Johnson & Johnson, Procter & Gamble, Unilever, L’Oréal S.A., Henkel AG & Co. KGaA, Bajaj Corp Ltd., Coty Inc., Patanjali Ayurved, Dabur Ltd., Marico Limited, Aveda Corporation, Biotique, Khadi Natural, The Himalaya Drug Company, Lotus Herbals, Cavin Care Group, Emami Group, VLCC Health Care Limited, A.G Industries, Moroccanoil, Apivita, Soulflower Co.Ltd., TRESemmé, Parachute
How will industry trends affect the trajectory of the therapeutic hair oil market?
Major companies operating in the therapeutic hair oil market are developing innovative products, such as hair growth oils, to strengthen their position in the market. Hair growth oils are products designed to promote healthy hair growth, nourish the scalp, and strengthen hair follicles. For instance, in December 2023, Dabur Vatika, an India-based ayurveda company, launched the Rosemary Hair Growth Oil, a hair oil fortified with the goodness of rosemary, hibiscus, and coconut. It provides quality solutions that empower users to discover the joy of fuller, thicker, and stronger hair. The company has emphasized that the hair oil has been developed after extensive research and development to help treat various hair-related ailments. The launch of this product is part of Dabur Vatika’s commitment to providing quality solutions for holistic hair care.
Which geographic trends are shaping the therapeutic hair oil market, and which region has the highest market share?
Asia-Pacific was the largest region in the therapeutic hair oil market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the therapeutic hair oil market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Therapeutic Hair Oil Market Report 2025 Offer?
The therapeutic hair oil market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Therapeutic hair oil is a specialized type of oil used to treat and nourish the hair and scalp. It is often applied through massaging into the scalp and hair to promote hair growth, nourish a dry scalp, increase moisture and shine, and possibly prevent hair loss.
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