Beauty Oil Market is anticipated to grow significantly at a CAGR of 5.2% over the forecast period. The key aspect that drives the growth of the global beauty oil market is the increased spending on cosmetics and beauty products by consumers. Spending on beauty procedures is on a significant rise throughout the globe. Urbanization is leading to a modern lifestyle that has urged individuals to focus on physical appearance, thus more and more individuals are going for various beauty products which is one of the major aspects driving the growth of the global beauty oil market during the forecast period.
Besides, the aesthetic industry across the globe is also contributing significantly to the beauty products and cosmetics space. From the past decade, the cosmetic business has augmented rapidly, owing to the flourishing Indian fashion and film industry; which is likely to provide substantial growth opportunities to the market during the forecast period. Technological advancements, innovations in the existing products, novel product launches are among some other factors that contribute to the industry growth during the forecast period.
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Market Coverage
Market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered- By Source and By Application
Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
Competitive Landscape- Avon Products, Inc., BASF SE, Beiersdorf AG, Cargill Inc., DoTerra International LLC, Johnson & Johnson Services Inc., Kao Corp., L’Oreal SA, The Procter & Gamble Co., and Unilever PLC among others
Beauty Oil Market – Segmentation
By Source
Vegetable Oil
Mineral Oil
Others
By Application
Hair Care
Skin Care
Lip Care
Makeup
Fragrances
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Beauty Oil Market – Segmentation by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East & Africa
Company Profiles
Avon Products, Inc.
BASF SE
Beiersdorf AG
Cargill Inc.
Coty Inc.
DoTerra International LLC
Exxon Mobil Corp.
Henry Lamotte Oils GmbH
Johnson & Johnson Services Inc.
Kao Corp.
L’Oreal SA
LVMH
Maverik Oils
OLVEA Vegetable Oils
Shiseido Co. Ltd.
Sinopec Corp.
The Procter & Gamble Co.
Unilever PLC
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