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Cosmetic Oil Market Share

  • Report ID: GMI3982
  • Published Date: Jan 2022
  • Report Format: PDF
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Cosmetic Oil Market Share

The global cosmetic oil industry is fragmented in nature comprising of several global and regional players. Some of the prominent industry players include :

  • DoTerra
  • Sonneborn
  • Symrise
  • BASF
  • Sinopec Corporation
  • Exxon Mobil
  • Clariant
  • IOI Oleo GmbH

The key industry participants have ramped-up merger & acquisition initiatives over the past few years, to generate public awareness regarding their existing & upcoming technologies & products, to compete with their rival’s product portfolio. For instance, in September 2021, Symrise Cosmetic Ingredients entered into a strategic partnership with Kobo to expand the sunscreen and color cosmetics business
 

New product launches are also employed significantly by the existing market players for enhancing their market share. For instance, in October 2020, doTERRA announced several new essential oil products and diffusers, including three new wellness programs designed to help people focus on their specific health goals. Also, in October 2021, Symrise filed a range of patent applications for its multifunctional cosmetic ingredient Hydrolite 7 green.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The global cosmetic oil industry size was worth USD 4.8 billion in 2020 and will record a 5.5% CAGR up to 2027 impelled by higher penetration of vegetable oil across the cosmetics industry and the burgeoning need for organic products.

Cosmetic oils, including coconut oil, almond oil, olive oil, palm oil, avocado oil, essential oils, soy oil, sunflower oil, jojoba oil, argan oil, and rapeseed oil are typically carrier oils, employed as major ingredients in cosmetic products, and several other hair and skin-care products.

Demand for cosmetic oils in hair care applications will exceed USD 2.95 million by 2027 with rising adoption in hair oil, shampoos, conditioners, serums, and other hair styling products to offer a shiny & smooth texture.

North America is poised to register a cosmetic oil industry revenue share of more than USD 1.75 billion through 2027 driven by the presence of major cosmetic brands and the growing requirement for multifunctional & advanced cosmetic products.

Cosmetic Oil Market Scope

  • Cosmetic Oil Market Size
  • Cosmetic Oil Market Analysis
  • Cosmetic Oil Market Share

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    Premium Report Details

    • Base Year: 2020
    • Companies covered: 15
    • Tables & Figures: 484
    • Countries covered: 20
    • Pages: 335
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