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Cosmetic Oil Market Trends

Report ID: GMI3982
Published Date: Nov 2024
Report Format: PDF

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Cosmetic Oil Market Trends

The cosmetic oil industry is experiencing significant growth driven by increasing consumer demand for natural and organic skincare products. Key trends include a shift towards plant-based oils like argan, jojoba, and rosehip, known for their moisturizing and anti-aging properties. Consumers are increasingly conscious of ingredient transparency, sustainability, and eco-friendly packaging, boosting the demand for cruelty-free and ethically sourced oils. Additionally, multifunctional oils that provide multiple skincare benefits are gaining popularity. The rise of e-commerce and influencer-driven marketing are further expanding market reach, especially among younger, health-conscious consumers seeking clean beauty solutions.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market size for cosmetic oil was valued at USD 7 billion in 2024 and is estimated to reach USD 13 billion by 2034, driven by a CAGR of over 6.5% from 2025 to 2034.

The plant oil segment was valued at USD 3.2 billion in 2024 and is anticipated to grow at a CAGR of 6.6% from 2025 to 2034, driven by consumer preference for clean beauty products.

China's market was valued at USD 1.2 billion in 2024 and is projected to grow at a CAGR of 8% from 2025 to 2034, driven by the booming beauty and personal care industry.

Major players in the industry include ATDM, BASF SE, Cargill, Clariant AG, Do Terra International, ExxonMobil Corporation, Gandhar Oil Refinery India, Givaudan, Henry Lamotte Oil, and Maverik Oils.