Global Body Oil Market Overview:
Body oil, a skin care product is usually recommended as treatment for extremely dry skin. Body oils function as an emollient & an occlusive, so avoiding cell cohesion and transepidermal water loss. With essential ingredients like vitamins, antioxidants, fatty acids, and polyphenols among others, these body oils are used for personal use, in spa and wellness centers, as well as medical therapeutics. These are obtained from natural sources, like from fruit or vegetable seeds that give the product a smooth texture. Other active ingredients contain vitamin E and fatty acids, having moisturizing properties.The increasing demand for organic body oil is likely to impel the global body oil market growth over the coming years. According to AMA, the Global Body Oil market is expected to see growth rate of 4.2%
Growth Drivers
- Growing number of spas and health resorts globally
- Easy availability & accessibility through all distribution channels
Market Trends
- Growing inclination towards organic body oil among the population
Roadblocks
- High price of dry body oils
Opportunities
- Growing spa & relaxation industries
- Product innovation by key players
Competitive Landscape:
Body oils market categorized by strong competition among the manufacturers. The market growth is largely attributed to new product launches, with promotional activities, as well as advertisements done by major manufacturers. Many key manufacturers are introducing multi-benefit value-added products to increase their customer base across the globe.
Some of the key players profiled in the report are Avon Products, Inc (United kingdom), L'OCCITANE (Switzerland), Clarins (France), Unilever (United kingdom), Aveda Corporation (United States), Neutrogena (Johnson & Johnson Consumer Inc.) (United States), Suki LLC (United States), Desert Essence (United States) and E.T. Browne Drug Co., Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like Bath & Body Works Direct, Inc. (United States) and Patanjali Ayurved Limited (India). Analyst at AMA Research see United Kingdom and United States Vendors to retain maximum share of Global Body Oil market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Online Channel will boost the Body Oil market.
What Can be Explored with the Body Oil Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Body Oil Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Body Oil
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Body Oil market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Body Oil market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Body oil manufacturers, Raw material suppliers, Spa and wellness industry, Private utility players, Government and research organizations, Distribution consultancies and End users.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.