Cosmetic Oil Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI3982
Cosmetic Oil Market size is anticipated to witness gains in the forecast timespan owing to its utilization in skin and hair care cosmetics. The products including almond, olive, essential, & coconut oils due to their revitalizing and nourishing properties are added to ointments, creams, bath oils, and lotions. Increasing disposable incomes globally will foster cosmetics industry growth which in turn would boost product demand.
Almond oil market size is forecasted to grow over in the forecasted timeframe. The product due to skin smoothening and conditioning properties is added to moisturizers & creams. The product is also utilized to strengthen and nourish hair. Global hair care market may grow over 3.0% at the end of 2024. Rising hair oils and shampoos utilization to treat hair fall problems will enhance cosmetic oil market growth.
Olive oil market size is anticipated to witness substantial gains by 2025. The product helps to remove dead skin cells & impurities thus, is added to creams, soaps, and lotions. It is utilized as hair oil due to hair scalp nourishing and hydrating properties. Increasing social media marketing practices and e-commerce activities will upsurge personal care industry growth which in turn will enhance cosmetic oil market size.
Essential oil market size is anticipated to witness significant gains by 2025. Essential oils owing to their soothing properties is added to spa & relaxation products. They are also used to treat skin problems including eczema and dryness. Increasing consumer purchasing power will foster spa & relaxation industry growth which will increase cosmetic oil market share.
Global cosmetic oil market from hair care application is forecasted to witness substantial gains in the estimated time period. The products owing to conditioning properties help to reduce scalp irritation and hair fizziness. Rising hair oils demand for maintain hair growth will increase market size.
Coconut oil market size is forecasted to grow by 2025 owing to rising demand of lip care products. Coconut oil is used to treat chapped lips and provides moisturizing effects. It helps to keep lips germ free owing to its antimicrobial properties. Global lip care products market is anticipated to grow over 3.5% by 2024. These factors will positively impact cosmetic oil market growth.
North America led by Mexico, Canada and the U.S. cosmetic oil market size is projected to witness significant gains at the end of 2025. The products including almond, essential and coconut oil owing to anti-inflammatory and moisturizing properties helps to treat dandruff and acne problems. U.S. personal care industry is forecasted to grow over 3% by 2024 owing to increasing expenditure on personal appearance in the region which would drive market growth.
Global cosmetic oil market from lip care application is forecasted to witness substantial gains in the estimated time period. Global lip balm market size is anticipated to grow over USD 1 billion by 2023. The products owing to moisturizing and antimicrobial properties is added to lip balms for treating dryness. Rising personal grooming trends would boost lip balm utilization which in turn will foster industry growth.
Europe driven by UK, Spain, Italy, France and Germany cosmetic oil market is projected to amplify at the end of 2025. The products including almond oil contains vitamin E which helps to protect skin damage and premature ageing. These properties make it suitable for manufacturing sun care creams and lotions. Presence of several personal care product manufacturers including Unilever and Beiersdorf in the region will enhance industry size.
Limited availability of raw materials and high processing costs for lavender, essential & olive oils may lead to demand & supply gaps hampering cosmetic oil market profitability and industry price trends. However, increasing skin problems due to rising pollution levels will foster natural and herbal personal care demand which would enhance cosmetic oil industry size.
Asia Pacific market led by South Korea, Japan, India and China market size is projected to witness significant gains at the end of 2025 owing to rising preference of organic and herbal personal care products. Almond, olive, and coconut oils are obtained from naturally occurring plants and are chemical free. Increasing demand of premium organic products due to shifting consumer preference for natural cosmetics in the region will positively impact market size.
Global cosmetic oil market share is moderately fragmented with major players includes DEOLEO, Unilever, Bajaj Corp Ltd., DoTerra, Bio Landes, and Marico. Companies are focusing to expand their production capabilities by implementing strategic alliance including joint ventures, mergers & acquisitions, and partnerships. Growing product applications in skincare, lip care, and haircare sectors may stimulate market growth.
Cosmetic oil Market, By Product, 2014-2025 (Kilo Tons) (USD Million)
- Almond oil
- Olive oil
- Coconut oil
- Essential oil
Cosmetic oil Market, By Application, 2014-2025 (Kilo Tons) (USD Million)
- Lip care
The above information is provided on a regional and country basis for the following:
- North America
- Asia Pacific
- South Korea
- Saudi Arabia
- South Africa
- Bajaj Corp Ltd.
- Bio Landes
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