PUBLISHER: Grand View Research | PRODUCT CODE: 1750786
PUBLISHER: Grand View Research | PRODUCT CODE: 1750786
The India herbal shampoo market size is expected to reach USD 422.0 million in 2024 and is projected to grow at a CAGR of 8.4% from 2025 to 2030. Some of the key factors driving the market growth are the confluence of consumer preferences, cultural heritage, product innovation, and strategic industry initiatives.
In 2021, as part of the Atma Nirbhar Bharat initiative, the Ministry of Finance introduced a ?4,000 crore package to promote herbal cultivation. This scheme is designed to enhance the supply of high-quality raw materials for herbal products, including those used in hair care, by supporting the cultivation and marketing of medicinal plants. Additionally, programs like the AYUSH (Ayurveda, Yoga & Naturopathy, Unani, Siddha, and Homeopathy) Entrepreneurship Development Scheme provide financial assistance, subsidies, and loans to startups and MSMEs in the AYUSH sector, encouraging innovation in herbal hair care solutions.
Consumer trust in the safety and effectiveness of Ayurvedic products is a major factor driving their growing popularity. According to a study published in the International Journal of Creative Research Thoughts, Indian consumers increasingly favor herbal products, viewing them as more effective and free from harmful chemicals. This rising preference for natural, chemical-free alternatives rooted in traditional Indian wellness practices has led companies like Patanjali, Dabur, and Hindustan Unilever (HUL) to increase their investments in the Ayurvedic sector significantly. Patanjali, in particular, has been instrumental in mainstreaming Ayurvedic products by tapping into nationalistic sentiment and promoting the appeal of swadeshi (locally made) goods.