Beauty Oil Market is anticipated to grow significantly at a CAGR of 5.2% over the forecast period. The key aspect that drives the growth of the global beauty oil market is the increased spending on cosmetics and beauty products by consumers. Spending on beauty procedures is on a significant rise throughout the globe. Urbanization is leading to a modern lifestyle that has urged individuals to focus on physical appearance, thus more and more individuals are going for various beauty products which is one of the major aspects driving the growth of the global beauty oil market during the forecast period.
Besides, the aesthetic industry across the globe is also contributing significantly to the beauty products and cosmetics space. From the past decade, the cosmetic business has augmented rapidly, owing to the flourishing Indian fashion and film industry; which is likely to provide substantial growth opportunities to the market during the forecast period. Technological advancements, innovations in the existing products, novel product launches are among some other factors that contribute to the industry growth during the forecast period.
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Market Coverage
- Market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered- By Source and By Application
- Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
- Competitive Landscape- Avon Products, Inc., BASF SE, Beiersdorf AG, Cargill Inc., DoTerra International LLC, Johnson & Johnson Services Inc., Kao Corp., L’Oreal SA, The Procter & Gamble Co., and Unilever PLC among others
Beauty Oil Market – Segmentation
By Source
- Vegetable Oil
- Mineral Oil
- Others
By Application
- Hair Care
- Skin Care
- Lip Care
- Makeup
- Fragrances
A full Report of Beauty Oil Market is Available at: https://www.omrglobal.com/industry-reports/beauty-oil-market
Beauty Oil Market – Segmentation by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Avon Products, Inc.
- BASF SE
- Beiersdorf AG
- Cargill Inc.
- Coty Inc.
- DoTerra International LLC
- Exxon Mobil Corp.
- Henry Lamotte Oils GmbH
- Johnson & Johnson Services Inc.
- Kao Corp.
- L’Oreal SA
- LVMH
- Maverik Oils
- OLVEA Vegetable Oils
- Shiseido Co. Ltd.
- Sinopec Corp.
- The Procter & Gamble Co.
- Unilever PLC
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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Article source: https://article-realm.com/article/Business/63766-Beauty-Oil-Market-Is-Likely-to-Experience-a-Tremendous-Growth-by-2031.html
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