Massage Oils Industry Review 2014-2024 and Forecast to 2030, Featuring Profiles of 107 Players - The Body Shop, Bath & Body Works, The Himalaya Drug Company, Bon Vital & More
Massage Oils Market
Dublin, Oct. 30, 2024 (GLOBE NEWSWIRE) -- The "Massage Oils - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.The global market for Massage Oils was estimated at US$3.8 Billion in 2023 and is projected to reach US$6.0 Billion by 2030, growing at a CAGR of 6.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. Geographically, North America and Europe dominate the market, driven by strong wellness and spa industries.
Innovations Shaping the Massage Oil MarketThe massage oil market is evolving with innovations in product formulations and sustainable packaging. Organic and all-natural massage oils free from synthetic additives are gaining popularity, particularly among health-conscious consumers seeking clean, eco-friendly products. Additionally, manufacturers are introducing oils infused with CBD and other botanicals to offer enhanced therapeutic benefits for pain relief and relaxation.
Sustainable packaging, including biodegradable and refillable containers, is another key trend in the market, aligning with consumer demand for environmentally responsible products. These innovations are expanding the appeal of massage oils to a broader range of customers, from wellness enthusiasts to athletes seeking recovery aids.Factors Driving Growth in the Massage Oil MarketThe growth in the massage oil market is driven by several factors, including the rising demand for wellness and self-care products, the growing popularity of spa treatments, and the increasing awareness of the therapeutic benefits of massage. As more consumers seek natural and holistic approaches to health and well-being, the demand for massage oils with functional benefits, such as stress relief and muscle recovery, is rising.
Additionally, the expanding wellness tourism industry is driving demand for massage oils in luxury spas and resorts. The shift toward organic and eco-friendly products is also contributing to market growth, as consumers prioritize sustainability in their purchasing decisions.Key Insights:
Market Growth: Understand the significant growth trajectory of the Almond Oil segment, which is expected to reach US$1.9 Billion by 2030 with a CAGR of a 6.2%. The Olive Oil segment is also set to grow at 6.9% CAGR over the analysis period.
Regional Analysis: Gain insights into the U.S. market, which was estimated at $1.0 Billion in 2023, and China, forecasted to grow at an impressive 9.7% CAGR to reach $1.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of major players in the Massage Oils market such as Aura Cacia, Bath & Body Works, Biotone, Bon Vital, Fabulous Frannie and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 107 companies featured in this Massage Oils market report include:
Aura Cacia
Bath & Body Works
Biotone
Bon Vital
Fabulous Frannie
Kneipp
Master Massage
Natural Bath and Body Products
Nature's Alchemy
Raven Moonlight Botanicals
Scandle Candle
Soothing Touch
The Body Shop
The Himalaya Drug Company
The Massage Oil Shop
Key Attributes
Report Attribute
Details
No. of Pages
126
Forecast Period
2023-2030
Estimated Market Value (USD) in 2023
$3.8 Billion
Forecasted Market Value (USD) by 2030
$6 Billion
Compound Annual Growth Rate
6.6%
Regions Covered
Global
MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Global Economic Update
Massage Oils - Global Key Competitors Percentage Market Share in 2024 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
Rising Demand for Wellness and Relaxation Products Drives Growth in Massage Oils Market
Growing Popularity of Aromatherapy and Essential Oils Expands Addressable Market for Massage Oils
Technological Advancements in Organic and Natural Oil Formulations Strengthen Business Case for Adoption
Expansion of Spa and Wellness Centers Fuels Demand for High-Quality Massage Oils
Increasing Adoption of Massage Oils in Therapeutic and Physiotherapy Treatments Expands Market Opportunities
Rising Awareness of the Health Benefits of Regular Massages Drives Demand for Specialized Oils
Technological Innovations in Scented and Skin-Nourishing Massage Oils Propel Market Growth
Growing Focus on Natural Ingredients and Clean Beauty Trends Expands Market Potential for Organic Massage Oils
Focus on Reducing Stress and Promoting Holistic Health Strengthens Demand for Relaxation Oils
Rising Adoption of Massage Oils in Home Use and Self-Care Routines Expands Addressable Market
Increasing Use of Carrier Oils and Custom Blends in Professional Massage Therapies Fuels Market Growth
Technological Advancements in Multi-Functional and Anti-Aging Massage Oils Propel Market Expansion
For more information about this report visit https://www.researchandmarkets.com/r/448eq3
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Massage Oils Market
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ResearchAndMarkets.com'sInnovations Shaping the Massage Oil MarketFactors Driving Growth in the Massage Oil MarketKey Insights:Report Features:Some of the 107 companies featured in this Massage Oils market report include:Key AttributesReport AttributeDetailsMARKET OVERVIEWMARKET TRENDS & DRIVERSAbout ResearchAndMarkets.comAttachment