Cosmetic Oil Market was valued at USD 72.8 billion in 2021 and is expected to grow at a CAGR of 5% between 2022 and 2028. It is widely used in cosmetic oil formulation of hair and skin care products in the form of hair oil, elixir oil, and face oil. Products include mineral oils, almonds, olives, palms, coconuts and essential oils because of their nourishing and rejuvenating properties, adding creams, ointments, bath oils and lotions.
The imposition of a lock by governments in many countries around the world to curb the spread of COVID-19 in 2020 is greatly hampered due to limited supply of raw materials. This led manufacturers to significantly reduce work and perform only important tasks in standby mode. The COVID-19 epidemic has the potential to impede the growth of the cosmetic oil market.
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Top Major Key Players Industries
Exxon Mobil,
Sinopec Corporation,
Maverik Oils,
Renkert,
Sonneborn,
DoTerra,
Symrise,
ATDM CO.LTD,
L’Oreal
BASF SE.
By Source
Mineral oil
Vegetable oil
Coconut oil
Almond oil
Olive Oil
Palm Oil
Avocado Oil
Essential Oils
Others
By Application
Hair Care
Hair Oil
Shampoos
Other
Skin Care
Creams & Lotions
Massage oil
Baby oil
Soap-based product
Others
Make-up
Lip Care
Others
By Function
Skin Conditioning & Moisturizing
Hair Conditioning
Other
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Scope of the Report
The research study analyzes the global Cosmetic Oil Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Cosmetic Oil Market Report
1. What was the Cosmetic Oil Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Cosmetic Oil Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Cosmetic Oil Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
• Proliferation and maturation of trade in the global Cosmetic Oil market.
• The market share of the global Cosmetic Oil market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Cosmetic Oil market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Cosmetic Oil market.
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