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The global hair oils market size was USD 4.31 Billion in 2021 and is expected to register a revenue CAGR of 3.8% during the forecast period, according to the latest analysis by Emergen Research. Market revenue growth is primarily driven by factors such as rising investments by major companies in R&D activities and launch of new and innovative products by startups. Hair oils are enriched with essential oils, such as tea tree, lavender, coconut, and  other herbs, which help in circulation of blood to scalp and prevent hair problems. Hair oils helps with itchiness, dryness, provides nourishment  and required nutrition to scalp, which results in softer, glossier, and healthier strands.. For example, ten Moroccan engineering students created acne-prone skin-friendly biodegradable cosmetics called ArgaCare from recycled argan waste. This line of products include hair oils and scrubs, among others. In addition, increased customer knowledge about ingredients used in their skin and hair care regimes  and demand for light and non-greasy hair oils are driving revenue growth in the market. For example, jojoba oil is a lightweight oil that is chemically and structurally similar to human sebum and is majorly found in the southern U.S. and northern Mexico. It also has vitamin E and oleic fatty acids and has antibacterial and antioxidant properties.

However, rising demand for hassle-free, non-greasy, and new-age products in advanced and innovative formats is hampering revenue growth of the market. Furthermore, the fact that few manufacturers use mineral oil in their products, which degrades quality of hair, making it rougher and unmanageable, is also expected to restrain revenue growth of the market.

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Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.

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The major companies Covered in the report are: 

L’Oreal, Unilever, Dabur.com, Procter & Gamble, CavinKare Group, Coty Inc., Marico, Johnson & Johnson Services, Inc., Sephora USA, Inc., and Natural Supply Co.

The report estimates the market size in the forecast duration by studying its value, volume, market share, growth rate, and other market essentials. It gives extensive company profiles, wherein the analysts explain the expansion tactics adopted by market leaders, including both long- and short-term strategies, and other vital competitive factors of significant businesses in the global Hair Oils market.

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Emergen Research has segmented the global hair oils market based on product type, oil type, distribution channel, application, and region:

Key highlights of this research report:

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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