Press release
Surge of Therapeutic Hair Oils Driving Growth in the Evolving Hair Care Sector: A Significant Driver Propelling The Therapeutic Hair Oil Market In 2025
Therapeutic Hair Oil Market Size
What Is the Current Therapeutic Hair Oil Market Size and Its Estimated Growth Rate?
In recent times, the market size for therapeutic hair oil has seen significant growth. The market, valued at $3.62 billion in 2024, is projected to increase to $3.82 billion in 2025, with a compound annual growth rate (CAGR) of 5.4%. This growth during the historic period is linked to factors such as increased urbanization and changes in lifestyle, heightened interest in natural and organic ingredients, a growing elderly population, medical support, and popularity of hair oils that feature enriching and therapeutic ingredients.
In the coming years, the therapeutic hair oil market is anticipated to experience accelerated growth, expanding to a worth of $7.1 billion by 2029 with a compound annual growth rate (CAGR) of 16.8%. Such growth during the projected period may be due to a rise in consumer knowledge about the advantages of herbal products, the negative impact of air pollution on hair, the increasing incidence of common hair problems, innovative product formulas, and the surge in requirements for natural and organic products. Key trends projected within this duration involve the introduction of new products, collaborations with influencers, the creation of portable and easy-to-use technologies, and advancements in technology.
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How Are Emerging Segments Shaping the Therapeutic Hair Oil Market Landscape?
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 Growth Factors Are Influencing Therapeutic Hair Oil Market Expansion?
The therapeutic hair oil market's growth is projected to accelerate owing to the rising demand in hair care. Hair care involves strategies for enhancing the health, hygiene, and aesthetics of hair. With a focus on addressing unique hair and scalp issues, therapeutic hair oil provides special solutions that align with the ever-changing needs and preferences of consumers. As reported by the Global Cosmetic Industry Magazine in May 2022, a surge of 15% annually is anticipated in the hair care sector by a United States-based cosmetics and personal care group, a trend projected to persist until 2024. Furthermore, the prestige hair space attracted an additional 6.7 million hair care consumers, and individual spending increased by 29%. Hence, the burgeoning demand in the hair care domain is catalyzing the growth of the therapeutic hair oil market.
Who Are the Dominant Players Across Different Therapeutic Hair Oil Market Segments?
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
What Are the Latest Developing Trends in the Therapeutic Hair Oil Market?
Leading firms in the therapeutic hair oil market are launching inventive products, like hair growth oils, to solidify their market stance. These hair growth oil products aim to foster healthy hair growth, nourish the scalp, and reinforce hair follicles. For example, in December 2023, Dabur Vatika, a firm rooted in Indian Ayurveda, unveiled the Rosemary Hair Growth Oil. This hair oil is infused with the beneficial properties of rosemary, hibiscus, and coconut, providing premium solutions that enable users to embrace the pleasure of having thicker, fuller, and more robust hair. The company assures that this hair oil is a product of comprehensive R&D efforts and aims to alleviate various hair- related issues. The introduction of this product embodies Dabur Vatika's pledge to offer top-notch solutions for comprehensive hair care.
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Which Geographic Regions Are Expected to Dominate the Therapeutic Hair Oil Market in the Coming Years?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Therapeutic Hair Oil Market?
2. What is the CAGR expected in the Therapeutic Hair Oil Market?
3. What Are the Key Innovations Transforming the Therapeutic Hair Oil Industry?
4. Which Region Is Leading the Therapeutic Hair Oil Market?
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