Global Cosmetic Oil Market Size study, by Product (Almond, Olive, Coconut, Essential, Others) and Regional Forecasts 2022-2028

Global Cosmetic Oil Market Size study, by Product (Almond, Olive, Coconut, Essential, Others) and Regional Forecasts 2022-2028

Global Cosmetic Oil Market is valued approximately USD 56.10 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.30% over the forecast period 2022-2028. Cosmetic oils include carrier oils such as almond and coconut oil, as well as essential oils. Various features of these oils, such as antibacterial, moisturizing, and anti-inflammatory capabilities, are expected to drive their demand over the next few years, consequently boosting market expansion. Furthermore, the rising desire for organic and natural beauty products is projected to drive demand even higher. Cosmetic oils are used in hair and skincare products as hair, facial, and elixir oils, as well as lipsticks, lip balms, moisturizers, and serums. Increasing demand for hair products containing beauty oils, such as argon oil, which aid in the treatment of issues such as dandruff, dry scalp, and so on, will boost the market even more. Product demand is increasing due to increased desire for natural components. The aesthetic benefits of such oils are also increasing their demand in the cosmetic industry. Bio-oils have recently emerged as a viable alternative to chemical-based face creams due to their potential to treat hyperpigmentation, scars, stretch marks, and dry skin. With increased consumer expectations concerning the substances used in cosmetics, the markets for natural and organic cosmetics are expected to rise rapidly in the coming years. Companies such as Innisfree, Farsali, Khadi, and Biotique are introducing a variety of essential oils and cold-pressed face and hair oils in order to prosper in the market. L'Oreal stated in May 2022 to introduce third-employee equity ownership in 63 countries, allowing all employees to become more involved in the company's progress. Symrise Cosmetic Ingredients launched a 'Beauty Activations' brand accelerator programme in May 2022 to collaborate with North American cosmetics brands. Because of the relationship with Symrise via the Beauty Activations platform, brands will have access to in-depth marketing data, specific formulae, and an award-winning ingredient selection. LVMH, Natura & Co., Henkel, L'Oreal, and Unilever worked in September 2021 to develop a mechanism for analyzing and grading the environmental consequences of the cosmetics business. However, rising awareness of side effects and access to surgical options impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Cosmetic Oil Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific emerged as the market leader. Over the projected period, the worldwide market is likely to be driven by a growing number of firms such as Patanjali and Farsali, as well as improving cosmetics technology. Furthermore, new product releases such as Indulekha hair oil use the essence of the Bringhraj plant owing to its properties to minimize hair fall and regenerate hair growth, which is expected to drive regional market growth. South Korea's cosmetic market is one of the most important industries driving the APAC region, and it is the largest importer.

Major market player included in this report are:
L’Oreal
Unilever
Coty
Shiseido
Innisfree
The Estée Lauder Companies Inc
The Procter & Gamble Company
Beiersdorf Manufacturing company
Johnson & Johnson
Kao Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Almond
Olive
Coconut
Essential
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Cosmetic Oil Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

L’Oreal
Unilever
Coty
Shiseido
Innisfree
The Estée Lauder Companies Inc
The Procter & Gamble Company
Beiersdorf Manufacturing company
Johnson & Johnson
Kao Corporation

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.