About Facial Oil
Oil based skin care has developed gigantic popularity in present times. With various benefits that various sorts of oils provide on skin, demand of face oils has increased significantly globally. Face oil gives moisturization, hydration, anti-ageing benefits, blemish clearing benefits & skin repair among others. They have excellent rejuvenating properties and rapidly work to restore our skin’s health and gleam. Each oil has a distinctive property and density and is utilized accordingly. Facial oils are rich in antioxidants and vitamins and have amazing emollient properties. Facial oils are essential to deeply nourish and hydrate skin on a every day basis. Depending on their composition, they can be utilized for cleansing, toning and moisturizing, and also to pamper your skin on a every day basis.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.7% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Facial Oil market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Biersdorf AG (Germany), Estée Lauder Companies (United States), L'Oréal S.A. (France), Procter & Gamble Co. (United States), Shiseido (Japan), Amway (United States), Avon Products, Inc. (United States), Chanel S.A. (France), Clarins (France), Coty (United States), O Boticário (Brazil) and Edgewell Personal Care (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Johnson & Johnson (United States), Kao Corporation (Japan), Unilever (United Kingdom) and Revlon (United States).
Segmentation Overview
AMA Research has segmented the market of Global Facial Oil market by Type (Anti-ageing beauty oil, Facial cleansing oil, Face moisturizing oil and Pre-shave oil) and Region.
On the basis of geography, the market of Facial Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Users, the sub-segment i.e. Residential User will boost the Facial Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Type, the sub-segment i.e. Organic will boost the Facial Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Skin, the sub-segment i.e. Normal Skin will boost the Facial Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution channel, the sub-segment i.e. Online will boost the Facial Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rise of Product Penetration in the Sports and Fashion Industry, Use of Dropper Bottles for Face Oils and Growing Preference for Organic Product
Market Growth Drivers:
Rising Popularity of Anti-ageing Products for Younger Looking Skin, Increasing Demand for Face Oils among Ageing Population, Growing Demand for Facial Cleansing Oil in Beauty Salons and Spas, Consumer’s Growing Concern about Appearance and Aesthetic Benefits of Facial Oil
Challenges:
Increased Number of Market Players, Substitute Availability and Distribution Network in Tier-2 and Tier-3 Cities
Restraints:
Harmful Effect of Chemicals Used in Face Oils
Opportunities:
Innovative Product Offering, Flourishing Cosmetic Industry in Developed and Developing Countries, Increasing R&D Activities by Major Players and Increasing Strategic Expansion Activities Through Partnerships and Agreements
Market Leaders and their expansionary development strategies
In August 2023, Herbivore Botanicals acquired Indie Lee. This merger brought together two clean beauty brands known for their natural and effective facial oils. The combined company aims to expand its reach and product offerings in the clean beauty space.
In December 2023, The Ordinary launched Granactive Retinoid 2% in Squalane. This new facial oil combines a powerful retinoid with squalane for a gentle yet effective anti-aging treatment.
Key Target Audience
Facial Oil Manufacturers, Suppliers, Distributors and Other Stakeholders, Organizations, Forums and Industries Related to Facial OIl, Consulting Firms, Policy makers and Regulatory bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.