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Cosmetic Oil Market

Global Cosmetic Oil Market Size, Share, Trends, Forecast: By Type: Almond Oil, Coconut Oil, Olive Oil, Essential Oil, Others; By Application: Skin Care, Lip Care, Hair Care, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032

Global Cosmetic Oil Market Outlook

The global cosmetic oil market reached a value of about USD 62.51 billion in 2023. The market is further expected to grow at a CAGR of 5% in the forecast period of 2024-2032.

 

Cosmetic Oil Market

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Coconut Oil to Present Lucrative Growth Opportunities for the Market Growth of Cosmetic Oil

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 Oil: Market Segmentation

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.

 

Cosmetic Oil Market By Segments

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On the basis of type, the market is divided into:

  • Almond Oil
  • Coconut Oil
  • Olive Oil
  • Essential Oil
  • Others

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.

 

Cosmetic Oil Market By Region

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Rising Demand for Natural Cosmetic Ingredients to Bolster the Market Growth

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.

 

Key Industry Players in the Global Cosmetic Oil Market

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:

  • Unilever plc
  • The Estée Lauder Companies
  • Procter & Gamble Company
  • Coty Inc.
  • Johnson & Johnson Services, Inc
  • Kao Corporation
  • Others

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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
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    Opportunities and Challenges in the Market
8    Global Cosmetic Oil Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Cosmetic Oil Historical Market (2018-2023) 
    8.3    Global Cosmetic Oil Market Forecast (2024-2032)
    8.4    Global Cosmetic Oil Market by Type
        8.4.1    Almond Oil
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Coconut Oil
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Olive Oil
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Essential Oil
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Others
    8.5    Global Cosmetic Oil Market by Application
        8.5.1    Skin Care
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Lip Care
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Hair Care
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Others
    8.6    Global Cosmetic Oil Market by Region
        8.6.1    North America
        8.6.2    Europe
        8.6.3    Asia Pacific
        8.6.4    Latin America
        8.6.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
        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 (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
        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 (2018-2023)
        9.3.2    Forecast Trend (2024-2032)
        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 (2018-2023)
        9.4.2    Forecast Trend (2024-2032)
        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 (2018-2023)
        9.5.2    Forecast Trend (2024-2032)
        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 (2018-2023) and Forecast (2024-2032)
    13.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    13.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    13.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    13.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
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    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Cosmetic Oil Market: Key Industry Highlights, 2018 and 2032
2.    Global Cosmetic Oil Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Cosmetic Oil Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Cosmetic Oil Historical Market: Breakup by Application (USD Billion), 2018-2023
5.    Global Cosmetic Oil Market Forecast: Breakup by Application (USD Billion), 2024-2032
6.    Global Cosmetic Oil Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Cosmetic Oil Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Cosmetic Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Cosmetic Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Cosmetic Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Cosmetic Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Cosmetic Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Cosmetic Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Cosmetic Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Cosmetic Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Cosmetic Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Cosmetic Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
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

Key Questions Answered in the Report

In 2020, the global cosmetic oil market attained a value of nearly USD 62.51 billion.

The market is projected to grow at a CAGR of 5% between 2024 and 2032.

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.

Analyst Review

The global cosmetic oil market attained a value of nearly USD 62.51 billion in 2023, 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 2024-2032, 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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