Industry Background:
The body and massage oils are used to relieve muscle pain but also help to relax or stimulate the mind. It constituents with several raw materials such as rosemary, lavender, and others. Body and massage oils market have high growth prospects due to demand for several medical reasons such as injury rehabilitation, pain management, stiffness, and others. Factors such as increasing demand for body massage coupled with rising consumer spending on specialty spas, resorts and hotels will provide a positive scope for product penetration during the forecasted timeframe. Also, growing consumer preferences toward physiotherapy and medical purpose will further provide a strong business outlook. The major companies are adding more innovative techniques in Asia-Pacific countries as these countries are focused on the fastest-growing verticals for organic products.According to AMA, the market for Body and Massage Oils is expected to register a CAGR of 7.89% during the forecast period to 2026. This growth is primarily driven by Increasing Awareness Regarding Health Benefits of Massages. and Growing Prevalence of Stiffness and Muscle Spasms.
Globally, a noticeable market trend is evident Increasing Demand for Organic products.. The Personal Products sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Bon Vital (United States), The Body Shop (United Kingdom), Biotone (United States), Bath & Body Works (United States), Aura Cacia (United States), Master Massage (United States), The Himalaya Drug Company (India) and Natural Bath and Body Products (Australia) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In July 2019, Earthlite launched a new line of natural massage oils. This innovative product offers organic, well-crafted and pesticide-free oils for several applications. It is also beneficial for a new business portfolio and raises market penetration.
Regulatory Insights:
“According to the U.S. Food & Drug Administration Regulations, its determines that administration take action against a cosmetic on the market if it has reliable information showing that it is unsafe when consumers use it according to directions on the label, or in the customary or expected way, or if it is not labeled properly.”
Market Drivers
- Increasing Awareness Regarding Health Benefits of Massages.
- Growing Prevalence of Stiffness and Muscle Spasms
Market Trend
- Increasing Demand for Organic products.
Restraints
- High Cost of Production of Body Oils Hamper the Market.
- Side Effects Associated with Body and Massage Oils Such as Allergies.
Opportunities
Increasing Spa Services in Resorts, Hotels and Other Recreational Facilities. and Change in Lifestyles and High Disposable Income
Challenges
Chemical Substrate Associated with Body and Massage Oil. and Wrong Labelling leads to Product Calls.
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Body and Massage Oils Study Sheds Light on
The Body and Massage Oils Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Body and Massage Oils industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Body and Massage Oils industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.