Massage Oil Market Introduction and Overview
According to SPER Market Research, the Global Massage Oil Market is estimated to reach USD 9.19 billion by 2032 with a CAGR of 10.71%.
The report includes an in-depth analysis of the Global Massage Oil Market, including market size and trends, Machine Type mix, distribution channels, and supplier analysis. Body massage oils are a combination of carrier and essential massage oils as well as other oils. These oils, which include jojoba, coconut, sweet almond, and olive oils as well as grape and nut seeds, are collected organically from the leaves and petals of various plants. Body muscles and soft tissues are massaged with body massage oils. People like them because they work well to treat a variety of health and musculoskeletal issues. Oils for body massage are also applied to the skin to lubricate it and reduce friction. This facilitates smooth gliding and makes the skin surface easier to work with. It is possible to compare the spreadability, absorbency, and nourishing and moisturising properties of the various kinds of oils.
- May 2021: The Truly Coconut Massage Oil from BIOTONE. The oil contains popular caprylic-capric triglycerides and organic, unrefined coconut oil, which offers an exceptional glide and a light, natural aroma that relieves the client's stress and promotes relaxation.
Market Opportunities and Challenges Opportunities: Consumers are being compelled to choose a massage as a result of stress-related problems that are being caused by an increasingly frantic and busy lifestyle. This is creating the opportunities for the industry to expand. Additionally, the accessibility of various massage therapies is contributing to the market's expansion. The market for massage oil is also being driven by the increase of spas and wellness centres that promote healthy lifestyles. Increased use of massage oil in daily activities to relieve tension and avoid muscular aches is a key driver of the worldwide body massage oil market's expansion. Massage oil aids in the prevention and treatment of a number of health issues, including stress reduction, blood circulation improvement, and pain relief for various body areas.
Challenges: Lack of availability of skilled labour is a barrier to the growth of the global massage oil industry. Currently, the majority of massage therapists working in spas in poor nations lack the specialised training needed to provide successful and satisfying oil massage services. Moreover, hiring highly qualified therapists comes at a high expense to spas. Spa owners are beginning to invest in spa and oil massage education, such as on-the-job training programmes of international standards, in order to provide better service as a result of the increased market rivalry. Because of this, the growth of the massage oil market has been declining.
Market Competitive Landscape
The organic growth strategies used by many firms, such as new launches, product approvals, and other items like patents and events, are receiving a lot of attention. Acquisitions, partnerships, and collaborations are a few examples of inorganic growth tactics that have been used in the market. Due to these efforts, market participants have been able to increase both their clientele and revenue. In the near future, market participants should benefit from profitable growth opportunities due to the increasing demand for massage oil in the global industry. The major players in the Global Massage Oil Market include: Bath & Body Works, LLC, Bon Vital, Inc., Frontier Co-op, Kneipp-Werke Kneipp-Mittel-Zentrale GmbH & Company KG, Natural Bath & Body Products Private Limited, Raven Moon Emporium, LLC, Scandal Candles Co., Soothing Touch Ltd, The Body Shop International Limited, The Himalaya Drug Company, Others.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2032 |
Base year considered | 2021 |
Forecast period | 2022-2032 |
Segments covered | By Product Type, By Application, By Price Point, By End User, By Distribution Channel |
Regions covered | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Companies Covered | Bath & Body Works, LLC, Bon Vital, Inc., Frontier Co-op, Kneipp-Werke Kneipp-Mittel-Zentrale GmbH & Company KG, Natural Bath & Body Products Private Limited, Raven Moon Emporium, LLC, Scandal Candles Co., Soothing Touch Ltd, The Body Shop International Limited, The Himalaya Drug Company.
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COVID-19 Impact on Global Massage Oil Market
The COVID-19 outbreak caused considerable economic hardship for a number of companies on a global scale, and the virus's spread had a big influence on the massage oil market. The body massage oil industry's manufacturing cycle was slowed down by the government's state wide lockdown, which was put in place to stem the spread of corona virus diseases. The market for body massage oils experienced a large decline as a result of restrictions imposed on spas and wellness centres, who are major consumers of those goods. E-commerce has played a significant role in enhancing the body massage oil supply chain since it makes it possible to accommodate customer requests and offer a wider variety of items. Customers have begun moving to online payment options and making in-store purchases only reluctantly and reluctantly in order to stem the spread of corona virus diseases.
Key Target Audience:
- Beauty and Cosmetics Companies
- Consumers
- Healthcare Facilities
- Hotels and Resorts
- Manufacturers and Suppliers
- Massage Therapists and Practitioners
- Online Marketplaces
- Retailers
- Spas and Wellness Centers
- Wellness and Health Retreats
- Others
Our in-depth analysis of the Massage Oil Market includes the following segments:
By Application:
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Medical Therapeutics
Spa and Wellness Centres
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By Price Point:
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Economy
Medium
Premium
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By End User:
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Adults
Youngsters
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By Distribution Channel:
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B2b
B2C
Online
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Key Topics Covered in the Report:
- Size of Global Massage Oil Market (FY’2019-FY’2032)
- Overview of Global Massage Oil Market
- Segmentation of Global Massage Oil Market By Product Type (Almond, Citrus, Coconut, Olive, Others)
- Segmentation of Global Massage Oil Market By Application (Medical Therapeutics, Spa and Wellness Centres, Other)
- Segmentation of Global Massage Oil Market By Price Point (Economy, Medium, Premium)
- Segmentation of Global Massage Oil Market By End User (Adults, Youngsters, other)
- Segmentation of Global Massage Oil Market By Distribution Channel (B2b, B2C, online)
- Statistical Snap of Global Massage Oil Market
- Global Massage Oil Market Growth Analysis
- Problems and Challenges in Global Massage Oil Market
- Global Massage Oil Market Competitive Landscape
- Impact of COVID-19 and Demonetization on Global Massage Oil Market
- Details on Recent Investment in Global Massage Oil Market
- Competitive Analysis of Global Massage Oil Market
- Major Players in the Global Massage Oil Market
- SWOT Analysis of Global Massage Oil Market
- Global Massage Oil Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Massage Oil Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Global Massage Oil Market, By Product Type, 2019-2032 (USD Million)
6.1. Almond
6.2. Citrus
6.3. Coconut
6.4. Olive
6.5. Others
7. Global Massage Oil Market, By Application, 2019-2032 (USD Million)
7.1. Medical Therapeutics
7.2. Spa and Wellness Centres
7.3. Other
8. Global Massage Oil Market, By Price Point, 2019-2032 (USD Million)
8.1. Economy
8.2. Medium
8.3. Premium
9. Global Massage Oil Market, By End User, 2019-2032 (USD Million)
9.1. Adults
9.2. Youngsters
9.3. Other
10. Global Massage Oil Market, By Distribution Channel, 2019-2032 (USD Million)
10.1. B2b
10.2. B2C
10.3. Online
11. Global Massage Oil Market, By Region, 2019-2032 (USD Million)
11.1. North America
11.1.1. United States
11.1.2. Canada
11.1.3. Mexico
11.2. Europe
11.2.1. Germany
11.2.2. United Kingdom
11.2.3. France
11.2.4. Italy
11.2.5. Spain
11.2.6. Rest of Europe
11.3. Asia-Pacific
11.3.1. China
11.3.2. Japan
11.3.3. India
11.3.4. Australia
11.3.5. South Korea
11.3.6. Rest of Asia-Pacific
11.4. South America
11.4.1. Brazil
11.4.2. Argentina
11.4.3. Rest of South America
11.5. Middle East & Africa
11.5.1. Kingdom of Saudi Arabia
11.5.2. United Arab Emirates
11.5.3. Rest of Middle East & Africa
12. Company Profiles
12.1. Bath & Body Works, LLC
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Bon Vital, Inc.
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Frontier Co-op
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Kneipp-Werke Kneipp-Mittel-Zentrale GmbH & Company KG
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Natural Bath & Body Products Private Limited
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Raven Moon Emporium, LLC
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Scandal Candles Co.
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Soothing Touch Ltd
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. The Body Shop International Limited
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. The Himalaya Drug Company
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.