Know About Hair Oil Market in India

Hair oil is essential for hair as it strengthens hair, nurtures the scalp, and heals frizzy and weak hair. The rise in pollution levels, stress levels and the recent focus on health-related issues have led to a boost in the sales of hair oil, which in turn has boosted the growth of the hair oil industry. The hair oil market in India is expected to grow at a rate of 4.2% from the year 2021 to 2028 and is set to reach a high of USD 5,500 million by 2028. This progression in the oil market is primarily because of the rise in demand for herbal hair oils. 

This article discusses the hair oil market and highlights the best hair oil in India. 

What Drives the Boost of the Hair Oil Market in India?

Hair oil helps you to maintain the health of the scalp while also nourishing your hair. Oiling the hair is one of the excellent ways to improve the health of the hair. With increasing awareness of people regarding daily hair issues, the hair oil market has rapidly expanded. The factors affecting the growth of the hair oil market are given below:

• Raising Awareness

People have increased their search for the best hair oil in India to act as a quick and easy solution to their hair issues. They most prefer a hair oil that contains essential vitamins, minerals, antioxidants, and hydrating ingredients. The increasing awareness regarding hair oils among the people and their specific oil preferences have enabled the hair oil industry to expand.

• Increase In Disposable Incomes

The boost in disposable income and growth in the population of the middle classes has led to a rise in demand for value-added hair products. There is a requirement for the best hair oil in India to make the hair stronger and reduce breakage due to the rise in pollution of both air and water. 

• Rise In Popularity Of Fashionable Hair

The trend of dying hair has increased threefold in recent years. This increase has further led to a boost in demand for a hair oil that can protect the hair from getting damaged. Thus, people often search for the best hair oil in India to protect the dyed colour of the hair while also enriching the hair health.

Trends In Hair Oil Market In India

The hair oil market in India has expanded over the years due to shifts in the demands of the consumer base. The recent trends in the oil market of India are as follows:

• There is a significant increase in the demand for herbal oils that use natural ingredients as their bases. Herbal oils are a mixture of extracts from plants, vegetables, and seeds such as sesame, castor, coconut, neem and lemongrass and many others. Consumers preferably use herbal oils to treat premature greying, thinning as well as dandruff problems. 

• Consumers are shifting towards oils that come in easy-to-apply packages. For example, the Indulekha hair oil comes with a nozzle that helps easy application of oil on hair. As the industry is expanding, the need for more modernised packaging to reduce the hassle for customers is also increasing. 

• There has been a huge shift towards oils that are lightweight and leave hair non-oily with a mild or no fragrance. The hair oil industry has seen a jump in the purchase of almond-based oils to perfumed oils compared to the cheap and affordable oils. 

Market Size And Scope Of Global Hair Oil Market

The hair oil market is divided based on the type of hair oil, material, category and distribution channel. The study of growth in the industry will help us to determine what factors led to the growth and form strategies to identify the core application of areas. 

• The hair oil market is classified by type: coconut, almond oil, argan, and others being the most popular hair oil types.

• The hair oil market is divided into heavy hair oil, cooling hair oil, light hair oil, and many others based on the material used.

• The hair oil market is categorised into two categories: medicated and non-medicated.

• The hair oil market is divided into three segments based on application: personal, commercial, and others. Beauty salons and spas are two subcategories of commercials.

• The hair oil market is divided into convenience stores, pharmacies or drug stores, speciality stores, supermarkets, hypermarkets, and others based on the distribution channel.

Conclusion

The hair oil market has seen steady growth, with a significant shift in the needs and requirements of the customer base. The oil market in India has seen a jump in the sales of herbal oils and a decline in the sales of cheaper hair oils. This change is due to the increase in pollution and stress levels as well as an unhealthy lifestyle. This article explained how the hair oil industry has boosted over the years and the recent trends in the oil market of India.