Global Massage Oil Market Size To Worth USD 7.52 Billion By 2033 | CAGR of 8.13%

Global Massage Oil Market Size To Worth USD 7.52 Billion By 2033

According to a research report published by Spherical Insights & Consulting, the Global Massage Oil Market Size was valued at USD 3.44 Billion in 2023 and is Expected to reach USD 7.52 Billion by 2033, Growing at a CAGR of 8.13% from 2023 to 2033

Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the "Global Massage Oil Market Size, Share, and COVID-19 Impact Analysis, By Product (Olive Oil, Almond Oil, Coconut Oil, Citrus Oil, and Others), By Application (Spa and Wellness Centres, Medical Therapeutics, and Other), By End Use (Adult and Baby), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/massage-oil-market

The massage oil market is the worldwide industry that manufactures, markets, and distributes oils specifically designed for massage therapy. These oils are designed to reduce friction and encourage relaxation during massage, in addition to providing therapeutic benefits like pain relief, stress reduction, and skin nourishment.  A specifically made oil called massage oil is intended to massage the body's surface and encourage relaxation.  It helps to nourish and moisturize the skin after application.  In aromatherapy, it mostly acts as the base for essential oils.  Increasing awareness of the advantages of relaxation and body massage as a way to reduce stress and improve blood circulation. The increasing number of spas and wellness centers worldwide has created a huge demand for these oils because they are believed to be particularly effective in treating a variety of physical and mental health conditions. The growing rate of urbanization forces working professionals to lead hectic lives, which can lead to health issues like stress, depression, and neck and back pain. They are hence more prone to employ massage services. People are now more aware of the advantages of massage oils because of the rapidly expanding beauty and personal care sector and the widespread use of social media. This has led market participants to continuously develop and produce more natural and effective products.

However, the market's ability to expand is limited by the volatile availability and cost of raw materials as well as the intense competition amongst producers. Lack of awareness on the benefits of massage oils and product differentiation hinders growth in emerging areas. 

The almond oil segment held a dominant share in 2023 and is expected to grow at a notable CAGR during the forecast period.

Based on the product, the global massage oil market is classified into olive oil, almond oil, coconut oil, citrus oil, and others. Among these, the almond oil segment held a dominant share in 2023 and is expected to grow at a notable CAGR during the forecast period. This rise is attributable to almond oil has been utilized in massage therapy for a long time due to its nourishing qualities and several health advantages. It is well-known for its remarkable moisturizing qualities because of the high levels of antioxidants, fatty acids, and vitamin E that assist to moisturize and nourish the skin. Consequently, almond-infused massage oils are widely utilized in massage therapy, especially for mature, dry, or sensitive skin types.

The spa and wellness centres segment accounted for the highest share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.

Based on the application, the global massage oil market is categorized into spa and wellness centres, medical therapeutics, and other. Among these, the spa wellness centres segment accounted for the highest share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The increase can be ascribed to the growing popularity of personalized massage treatments at spas, where clients can choose essential oils based on their emotional or physical needs. The use of high-quality essential oils in massage therapy is encouraged by this level of personalization. By promoting their high-quality oils and customized massage treatments, these businesses can attract more customers through social media and wellness influencers.

The adult segment dominates the market in 2023 and is projected to grow at a notable CAGR during the forecast period.

Based on the end use, the global massage oil market is divided into adult and baby. Among these, the adult segment dominates the market in 2023 and is projected to grow at a notable CAGR during the forecast period. The increase can be linked to the fact that people of all ages, but particularly middle-aged and older folks, are increasingly searching for methods to relax, enhance their health, and take care of themselves. As people turn to mindfulness and relaxation practices due to increased stress levels brought on by work and family duties, there is a significant demand for massage oils for self-care and stress alleviation.

Europe is anticipated to hold the largest share of the global massage oil market over the projected timeframe.

Europe is anticipated to hold the largest share of the global massage oil market over the predicted timeframe. Massage oils and other products that enhance mental and physical health have gained popularity as local customers' interest in wellness and self-care routines has increased. As consumers become increasingly concerned about the ingredients in personal care products and choose those with less chemicals, parabens, and artificial fragrances, natural, organic, and ethically sourced products are also growing in popularity. Organic massage oils are in high demand, particularly those that contain essential oils. The region's steadily growing senior population and the ensuing increase in the prevalence of mobility issues have further fueled the desire for alternative remedies. For the local massage oil market, this has opened up possible options.

Asia Pacific region is expected to grow the fastest during the forecast period, Oils have long been utilized therapeutically in many of these civilizations, particularly in ancient healing practices like Ayurveda (India), Thai massages, and ancient Chinese Medicine (TCM). Because massage oils are commonly used in these traditional techniques to improve both physical and mental wellness, they are a necessary component of these therapies. Additionally, the rapid growth of spas, wellness centres, and high-end hotels in local economies particularly in well-known tourist destinations like Thailand, Bali, and the Maldives has led to a notable increase in the sales of massage oils for use in medical operations.  For consumers of wellness items, the procedure has become easier due to the growing popularity of online shopping in countries like China, India, and Japan.

Major key players in the massage oil market include, Bath & Body Works, Inc., Aura Cacia, Young Living Essential Oils, LC, doTERRA, Weleda, MAPLE HOLISTICS, Mountain Rose Herbs, Edens Garden, NOW Foods, Other.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In December 2023, BIOTONE Professional Massage and Spa Therapy Products launched its 'Plant Plus Massage Lotion' offering, specifically formulated for eco-conscious therapists. This product has been designed to meet the fast-evolving clean standards being promoted by environment-friendly organizations. Ingredients used include sunflower oil and those derived from jojoba, candelilla, and rice bran oils, which offer smooth texture and long-lasting efficacy. The product is ideal for lymphatic drainage and oncology massage and is available in 1-gallon and 8-ounce sizes.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global massage oil market based on the below-mentioned segments: 

Global Massage Oil Market, By Product

• Olive Oil
• Almond Oil
• Coconut Oil
• Citrus Oil
• Others

Global Massage Oil Market, By Application

• Spa and Wellness Centers
• Medical Therapeutics
• Other

Global Massage Oil Market, By End Use 

• Adult
• Baby

Global Massage Oil Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

CONTACT US:

For More Information on Your Target Market, Please Contact Us Below:    

Phone: +1 303 800 4326 (the U.S.)

Phone: +91 90289 24100 (APAC)

Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com

Contact Us: https://www.sphericalinsights.com/contact-us

Follow Us: LinkedIn | Facebook | Twitter