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What Is the Forecast for the Body Oil Market from 2024 to 2025?

The market size for body oil has experienced significant growth in the past few years. The market, which is expected to rise from $4.08 billion in 2024 to $4.34 billion in 2025, projects a compound annual growth rate (CAGR) of 6.4%. Factors that contributed to the growth during the historic period include increased awareness about natural skincare among consumers, the rising trend of aromatherapy, increased disposable income in developing markets, a surge in demand for high-end personal care items, and the growth of wellness and spa culture.

What Is the Projected Market Size of the Body Oil Market?

In the upcoming years, the body oil market is anticipated to exhibit significant growth, with an estimated net worth of $5.51 billion in 2029 and a compound annual growth rate of 6.1%. The robust growth during the forecast period is likely due to the shift towards organic, plant-based formulations, rising popularity of multi-purpose skincare products, the increasing influence of social media on marketing, the growing male grooming market demand, and the expansion of e-commerce distribution channels. Key trends for the forecast period include improvements in the techniques used to extract natural oils, sustainable packaging innovations, progression in personalized skincare solutions, research and advancements in bioactive ingredients, and the use of artificial intelligence for product recommendations.

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Who are the Major Competitors in the Body Oil Market Outlook?

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.

What Is Fueling Growth in the Body Oil Market?

The increasing emphasis on personal health and skincare is forecasted to spur the expansion of the body oil market in the future. The definition of personal health and skincare involves daily practices and products that promote general health and enhance the skin’s health and appearance. The heightened attention towards personal health and skincare can be attributed to improved consumer education, as individuals become more knowledgeable about the influence of daily self-care on overall health and skin condition. Body oils contribute to personal health and skincare by providing intense moisture and nourishment, making them crucial for parched or reactive skin. They encourage relaxation and enhance skin’s texture, fostering general wellbeing through daily self-care regimens. For example, in May 2023, McKinsey & Company, a US-based management consulting firm, reported that the beauty market, which includes skincare, fragrance, makeup, and haircare retail sales, expanded to $446 billion in 2023, recording a 10% rise from $430 billion in 2022. Hence, the amplified emphasis on personal health and skincare is leading to the expansion of the body oil market.

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Which Body Oil Market Segments Are Growing the Fastest?

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

Which Industry Trends Are Shaping the Future of the Body Oil Market?

Leading businesses in the body oil market are prioritizing the creation of innovative and unique products such as culturally inclusive glow formulations. These products aim to offer consumers high-quality skincare that not only nourishes but also heightens and compliments varying skin tones. The culturally inclusive glow formulation method of product design constructs luminous, complimenting outcomes aimed at enhancing and recognizing the distinct features of diverse skin colors. As an example, Glow Deposit, an American beauty brand, introduced their new product, Vacation Body Shimmer in May 2025. This lightweight, culturally inclusive shimmer oil was specifically designed to highlight and appreciate skin tones that are rich in melanin, offering a radiant yet non-greasy finish. This oil, enriched with nourishing ingredients like jojoba and coconut, hydrates and softens skin all the while providing a gentle glow that amplifies both uncovered skin and makeup, ideally suited for daily use.

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Which Countries Are Leading the Body Oil Market?

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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This Report Delivers Insight On:

1. How big is the body oil market, and how is it changing globally?

2. Who are the major companies in the body oil market, and how are they performing?

3. What are the key opportunities and risks in the body oil market right now?

4. Which products or customer segments are growing the most in the body oil market?

5. What factors are helping or slowing down the growth of the body oil market?

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