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Body Oil Market Landscape 2025: Forecast Data and Growth Strategy Insights
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Body Oil Market Through 2025?
In recent years, the body oil market has witnessed significant expansion. Its size is projected to increase from $4.08 billion in 2024 to $4.34 billion in 2025, with a compound annual growth rate (CAGR) of 6.4%. Factors that contributed to this growth during the historic period include heightened consumer awareness about natural skincare products, the rising trend of aromatherapy, increased disposable income in developing markets, a surge in demand for premium personal care items, and the expansion of wellness and spa culture.
What's the Projected Size of the Global Body Oil Market by 2029?
Expectations indicate a robust expansion in the body oil market size in the following years, with growth projected to reach $5.51 billion in 2029, indicating a compound annual growth rate (CAGR) of 6.1%. Factors contributing to the accelerated growth in the forecast period include a shift towards organic and plant-based formulations, thriving interest in multi-purpose skincare products, the growing impact of social media marketing, heightened demand from the male grooming section, and proliferating e-commerce distribution channels. Notable trends during the forecast period involve advancement in natural oil extraction methods, innovation in eco-friendly packaging, improvement in tailor-made skincare solutions, research and progression in bioactive components, and the incorporation of artificial intelligence in product suggestions.
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Top Growth Drivers in the Body Oil Industry: What's Accelerating the Market?
The increasing attention towards individual health and skincare is anticipated to drive the expansion of the body oil market. This heightened focus on health and skincare pertains to the everyday practices and products utilized to maintain general health and enhance skin condition. This shift is linked to rising consumer knowledge, as individuals becoming more conscious of the influence of routine self-care on their overall health and skin condition. Body oils contribute to individual health and skincare by providing intense moisture and nutrients, making them indispensable for dry or sensitive skin types. These oils aid in relaxation and skin texture improvement, advocating overall health through regular self-care habits. For example, McKinsey & Company, a US-based management consultation firm, reported that in May 2023, the beauty market-including skincare, fragrance, makeup, and haircare-witnessed retail sales rise to $446 billion in 2023, marking a 10% growth from $430 billion in 2022. Hence, this heightened attention on individual health and skincare is fueling the expansion of the body oil market.
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What Trends Will Shape the Body Oil Market Through 2029 and Beyond?
Leading businesses in the body oil sector are concentrating on coming up with groundbreaking ideas like culturally inclusive glow formulations. These are meant to not only nourish the skin but also to enhance its natural glow while applauding diverse skin tones. A culturally inclusive glow formulation is an approach that aims to develop radiant and complimentary finishes tailored to emphasize and commemorate the unique attributes of varying skin tones. As an example, Glow Deposit, an American beauty brand, introduced Vacation Body Shimmer in May 2025, which is a lightweight, culturally inclusive shimmer oil optimized to accentuate and celebrate skin tones rich in melanin. This product has been crafted with a radiant, non-greasy finish and possesses nourishing oils such as jojoba and coconut, offering hydration and making skin softer. It also imparts a subtle glow that amplifies both bare skin and makeup, making it a perfect fit for daily use.
What Are the Main Segments in the Body Oil Market?
The body oil market covered in this report is segmented -
1) By Product Type: Essential Oils, Herbal Oils, Mineral Oils, Other Product Types
2) By Type: Natural, Synthesis
3) By Application: Moisturizing, Anti-Aging, Aromatherapy, Other Applications
4) By Distribution Channels: Supermarkets Or Hypermarkets, Brand Stores, Pharmacy Stores, Online Platforms, Other Distribution Channels
5) By End-User: Men, Women, Unisex
Subsegments:
1) By Essential Oils: Lavender Oil, Tea Tree Oil, Peppermint Oil, Eucalyptus Oil, Rosemary Oil
2) By Herbal Oils: Neem Oil, Brahmi Oil, Calendula Oil, Arnica Oil, Chamomile Oil
3) By Mineral Oils: Paraffin Oil, White Mineral Oil, Liquid Petroleum, Cosmetic Grade Mineral Oil, Light Mineral Oil
4) By Other Product Types: Coconut Oil, Almond Oil, Argan Oil, Jojoba Oil, Shea Oil
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Which Top Companies are Driving Growth in the Body Oil Market?
Major companies operating in the body oil market are Johnson & Johnson, Unilever plc, L'Oréal, The Estée Lauder Companies Inc., Natura & Co, Marico Limited, The Himalaya Drug Company, GuangZhou Beaver Cosmetics Company Limited, NEOM Organics, RainShadow Labs, Badger Balm Company, Bo International, Bamford, Erbaviva, Vanesa Cosmetics, Cliganic, Greenerways, ilapothecary, Organic Earth Fiji, Oui the People, Rosekom Trading Limited, US Organic Group Corporation.
Which Regions Will Dominate the Body Oil Market Through 2029?
North America was the largest region in the body oil market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the body oil market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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