Press release
The Global Massage Oil Market Exhibits A Steady Growth Trajectory With 5% CAGR During The Forecast Period (2022-2030)
Intensive awareness campaigns by international associations such as the America Massage Therapy Association (AMTA), and the International Massage Association (IMA) will present favorable growth opportunities for the massage oil market. The global massage oil market exhibits a steady growth trajectory with 5% CAGR during the forecast period (2020-2030).Increasing recognition from the chiropractor community contributes significantly to massage therapy revenue. Prevalence of holistic healthcare for pain management, and physical injuries will continue to bolster growth for massage therapies, and massage oils.
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Market competitor
Differentiating products based on essential oils, aroma, and discounts are most popular strategies. Major players that shape the competitive landscape of the massage oil market are, but not limited to, Bon Vital, Fabulous Frannie, The Body Shop,Biotone, Bath & Body Works, Aura Cacia, Master Massage, The Himalaya Drug Company, Natural Bath and Body Products, and Raven.
Key Takeaways from Market Study
Global one component foam market to top US$ 5 Bn by 2031.
Methylene diphenyl diisocyanate projected to reach around US$ 2 Bn by 2031.
Polyether polyols projected to record above 5% CAGR over next 10 years.
Market in Japan to record 3% CAGR over forecast period of 2021- 2031.
China forecast to reach projected market size above US$ 905 Mn by 2031.
Market in Canada projected to expand above 5% CAGR over next 10 years.
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Global Massage Oil Market: In-Depth Assessment on Key Segments
The global massage oil market is segmented on the basis of product, demographic, application, and region.
By Product :
Olive
Almond
Coconut
Citrus
Others
By Demographic :
Adult
Baby
By Application :
Spa and Wellness Centers
Medical Therapeutics
Others
By Region :
North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East & Africa
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Europe to Remain in Forefront of Global Sales
Europe holds more than 35% share of the total market value. Increasing disposable income of millennial consumers gives massage therapists the opportunity to attract, engage, and delight customers. Rapid expansion of spa salons in countries such as the UK, France, Italy, and Germany drive demand from this region.
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