Flexitank Market Size, Share & Trends Analysis Report By Layer Type (Single Layer, Multi-layer), By Application (Foodstuffs, Chemicals, Oils, Industrial Products, Pharmaceutical Goods), By Region, And Segment Forecasts, 2025 - 2030
Beard Oil Market Growth & Trends
The global beard oil market size is expected to reach USD 1,500.2 million by 2030 registering a CAGR of 7.4% from 2025 to 2030, according to a new report by Grand View Research, Inc. Various cosmetics and beauty products manufacturers are investing in R&D to introduce advanced products, which is expected to fuel the market growth over the forecast period.
In addition, fashion experts and celebrity endorsements play a crucial role in increasing the awareness about these products and influencing consumer buying patterns, thereby supporting the growth of the market. For instance, in February 2019, a Namibian model Wellem Kapenda in association with cosmetic brand Chrisla Essentials, launched new scented oil. This product is suitable all skin types, offers moisturizing capabilities, and includes various essential and carrier oils for healthy hair growth.
Chrisla Essentials is available in company-owned stores and selected pharmacies. In February 2019, Wahl launched beard care products including oils to treat skin dryness, itchiness, irritation, and hair loss. These oils are formulated with proprietary combination of four essential oils, such as manuka, moringa, meadowfoam seed, and clove. These oils help maintain hydrate and healthy skin and facial hair.
Beard Oil Market Report Highlights
Conventional beard oils dominated the market, with the largest revenue share of 56.4% in 2024 and is projected to retain its leading position throughout the forecast years
Online distribution channel segment is expected to witness the fastest CAGR of 9.5% from 2025 to 2030 due to rising number of internet and smartphone users across the globe
In addition, rising popularity of online retail platforms due to their various advantages, such as cashback offers, discounts on branded products, and doorstep delivery services, will boost the segment growth
On the other hand, the convenience stores segment is estimated to lead the market accounting for more than 56.42% of the global revenue by 2030
Asia Pacific beard oil dominated the global market with the largest revenue share of 39.5% in 2024
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