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The global cosmetic oil market reached a value of about USD 54 billion in 2020. The market is further expected to grow at a CAGR of 5% in the forecast period of 2023-2028.
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Due to a high demand in the Asia Pacific region, especially India, the coconut oil product segment is anticipated to see a favourable growth over the forecast period. These oils are wide-ranging in the cosmetics industry and are likely to see a robust demand from countries like South Korea, India, and Japan. Due to its natural properties, many well established as well as emerging brands have begun to use coconut oil.
Olive oil is also expected to be a robustly growing segment. Due to the unique anti-inflammatory characteristics of this product, the segment is witnessing a healthy demand. L’Oréal SA (EPA: OR) introduced a range of hair spa products with its main ingredient as olive oil and 6 oil-fed oil-in-scream. Essential oils like orange, lemon, and peppermint are also increasingly used by multiple companies to produce cosmetics and personal care oils.
Cosmetic oils are being used as key ingredients in lipsticks, lip balms, moisturisers, and serum in hair and skin-care products like hair, facial oils, and elixir oils.
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On the basis of type, the market is divided into:
By application, the market is divided into:
The regional markets for cosmetic oil include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The growing demand for natural ingredients is increasing the demand for the product. Bio-oils have recently been found to replace chemical face creams by their ability to reduce hyperpigmentation, acne, stretch marks, and dry skin. With increasing consumer expectations of the ingredients used in cosmetics, a strong growth can be seen in the natural and organic cosmetics markets in the years to come, thus, aiding the market growth. Initiatives are being taken by companies like Innisfree, Farsali, Khadi, and Biotique in order to thrive in the cosmetic oil industry with the launch of a variety of essential oils and hair and facial pressure oils. Increased skin problems caused by pollution, hormonal imbalances, genetic disorders, and other factors are anticipated to further drive the demand in the market. Rising global disposable incomes will stimulate growth in the cosmetics industry, which will further increase product demand. The increased use of hair oils and shampoos to treat hair loss problems will strengthen the growth of the cosmetic oil industry.
The report gives a detailed analysis of the following key players in the global cosmetic oil market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region |
Breakup by Type | Almond Oil, Coconut Oil, Olive Oil, Essential Oil, Others |
Breakup by Application | Skin Care, Lip Care, Hair Care, Others |
Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Trade Data Analysis | Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume |
Price Analysis | Historical and Forecast Price Trends-Regional |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered | Unilever plc, The Estée Lauder Companies, Procter & Gamble Company, Coty Inc., Johnson & Johnson Services Inc, Kao Corporation, Others |
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Cosmetic Oil Market Analysis
8.1 Key Industry Highlights
8.2 Global Cosmetic Oil Historical Market (2018-2022)
8.3 Global Cosmetic Oil Market Forecast (2023-2028)
8.4 Global Cosmetic Oil Market by Type
8.4.1 Almond Oil
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Coconut Oil
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Olive Oil
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Essential Oil
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Others
8.5 Global Cosmetic Oil Market by Application
8.5.1 Skin Care
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Lip Care
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Hair Care
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Cosmetic Oil Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis
12.1 Major Importing Countries
12.1.1 By Volume
12.1.2 By Value
12.2 Major Exporting Countries
12.2.1 By Volume
12.2.2 By Value
13 Price Analysis
13.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Unilever plc
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 The Estée Lauder Companies
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Procter & Gamble Company
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Coty Inc.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Johnson & Johnson Services, Inc
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Kao Corporation
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Others
15 Industry Events and Developments
List of Key Figures and Tables
1. Global Cosmetic Oil Market: Key Industry Highlights, 2018 and 2028
2. Global Cosmetic Oil Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Global Cosmetic Oil Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Global Cosmetic Oil Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global Cosmetic Oil Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global Cosmetic Oil Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Cosmetic Oil Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Cosmetic Oil Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Cosmetic Oil Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Cosmetic Oil Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Cosmetic Oil Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Cosmetic Oil Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Cosmetic Oil Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Cosmetic Oil Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Cosmetic Oil Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Cosmetic Oil Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Cosmetic Oil Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Major Importing Countries by Volume (2020)
19. Major Exporting Countries by Volume (2020)
20. Major Importing Countries by Value (2020)
21. Major Exporting Countries by Value (2020)
22. North America Historical Price Trends and Forecast 2018-2028
23. Europe Historical Price Trends and Forecast 2018-2028
24. Asia Pacific Historical Price Trends and Forecast 2018-2028
25. Latin America Historical Price Trends and Forecast 2018-2028
26. Middle East and Africa Historical Price Trends and Forecast 2018-2028
27. Global Cosmetic Oil Market Structure
In 2020, the global cosmetic oil market attained a value of nearly USD 54 billion.
The market is projected to grow at a CAGR of 5% between 2023 and 2028.
The major drivers of the market include the initiatives by companies like Innisfree, and Biotique, increased skin problems, rising global disposable incomes, and increased use of hair oils and shampoos to treat hair loss problems.
The growing demand for natural ingredients and increasing consumer expectations are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific with Asia Pacific accounting for the largest share in the market.
Olive oil is the dominant type of oil in the market.
By application, the market is divided into skin care, lip care, and hair care, among others.
The major players in the industry are Unilever plc, The Estée Lauder Companies, Procter & Gamble Company, Coty Inc., Johnson & Johnson Services, Inc, and Kao Corporation, among others.
The global cosmetic oil market attained a value of nearly USD 54 billion in 2020, driven by the growing demand for natural ingredients. Aided by increased skin problems and rising global disposable incomes, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 5%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Olive oil is the dominant type of oil in the market. By application, the market is divided into skin care, lip care, and hair care, among others. The major regional markets for cosmetic oil market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa with Asia Pacific accounting for the largest share in the market. The major players in the industry are Unilever plc, The Estée Lauder Companies, Procter & Gamble Company, Coty Inc., Johnson & Johnson Services, Inc, and Kao Corporation, among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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