Cosmetic Oil Market Size, Share & Trends Analysis Report By Product (Almond, Olive, Coconut, Essential Oils), By Region (North America, Europe, Asia Pacific, MEA, Central & South America), And Segment Forecasts, 2019 - 2025
Cosmetic Oil Market Growth & Trends
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
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.
Cosmetic Oil Market Report Highlights
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