The global cosmetic oil market size is expected to reach USD
72.28 billion by 2025 at a CAGR of 5.2%, according to a new report by Grand
View Research, Inc. Increasing use of beauty oils by the hair and skin care
industries is the key factor driving the growth for the market. Cosmetic oils
play a vital role in treating various hair and skin problems like dandruff,
acne, eczema, and dermatitis. Such oils have natural and organic ingredients
used to manufacture hair oils, facial oils, massage oils, and other cosmetic
products. These factors are driving their demand among consumers as a part of
their daily care regime.
Moreover, several antimicrobial, moisturizing,
and anti-inflammatory properties of the product will drive the demand further.
For instance lavender oil soothes minor burns and sunburns whereas tea-tree oil
carries anti-inflammatory properties and is useful to treat eczema or acne.
Some of the popular cosmetic oils, such as olive oil and coconut oil, are
long-time personal care favorites worldwide, hence are used to manufacture a
number of hair and skin care products with multiple formulation. Increasing
usage of organic ingredients, such as essential oils, in personal care products
appears to have set a new standard in the cosmetic industry.
The essential oil product segment is expected to
register a CAGR of 5.8% from 2019 to 2025. A key trend that has imparted a
robust momentum to market growth is the natural and non-toxic claims made by a
growing number of personal care companies like L’Oreal, Coty, and Unilever.
Europe is expected to be the second largest market due to rising demand for
product, especially almond oil, in the region. Asia Pacific occupies the largest
share of the market. Countries, such as South Korea, are known for beauty
trends and innovations, featuring sophisticated ingredients and aesthetically
appealing packaging and represents nearly 2.9% of the global market.
For Full Research Report On Cosmetic Oil Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/cosmetic-oil-market
Further key findings from the study suggest:
- Asia
Pacific is projected to reach a valuation of USD 24.65 billion by 2025
registering the highest CAGR of 5.8% from 2019 to 2025
- Others
product segment accounted for 17.41% of the total market share in 2018.
However, it is projected to witness a slight decline in the next few year
- Key
companies in the cosmetic oil market are L’Oreal S.A.; Unilever; The
Procter & Gamble Company; Shiseido Co., Ltd.; Avon Products, Inc.; and
Beiersdorf AG
- New
product launch is one of the major strategies followed by most of these
companies to gain competitive edge and to expand their product portfolio
- For
instance, Estee Lauder has been seen launching a variety of facial serums
containing natural oils as a main ingredient for all purpose skincare
regime
Get request sample of this report
here: https://www.grandviewresearch.com/industry-analysis/cosmetic-oil-market/request/rs1
Grand
View Research has segmented the global cosmetic oil market on the basis of
product and region:
Cosmetic Oils Product Outlook (Revenue, USD Billion, 2015 - 2025)
- Almond
- Olive
- Coconut
- Essential
- Others
Cosmetic Oils Regional Outlook (Revenue, USD Billion, 2015 - 2025)
- North
America
- U.S.
- Europe
- Germany
- France
- Asia
Pacific
- South
Korea
- Singapore
- Central
& South America
- Middle
East & Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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