PUBLISHER: Allied Market Research | PRODUCT CODE: 1179647
PUBLISHER: Allied Market Research | PRODUCT CODE: 1179647
The massage oil market size was valued at $3,033.4 million in 2021, and is projected to reach $8,051.6 million by 2031, registering a CAGR of 10.5% from 2022 to 2031. Massage oil is use to massage soft body tissues and muscles to improve health conditions and hydrate the skin. Consumers have a large list of combination of oils and essences that promote certain sensations and help to calm body and mood ailments. Massage oils are made up from the combination of different essential oils. They are often plant-based oils made from seeds and nuts and are sometimes extracted from flowers and other parts of the plants.
Major factors that drive growth of the massage oil market include busy and hectic lifestyle. In addition, rise in awareness among consumers regarding oil massages as an effective remedy for treatment of various health issues such as pain, soreness, and internal injuries propels growth of the market. Following the COVID-19 outbreak, there has been a rise in wellness vacations where guests can receive a variety of oil massages while surrounded by nature.
Europe dominates the global massage oil market, owing to presence of large number of spas and wellness centers in countries such as the UK, France, and Germany. In addition, Europe had the largest number of hotels with spa facilities. Outing at resorts for oil massages is becoming a popular trend in countries with increasing disposable income of consumers. Several other regions such as Asia-Pacific. which include China, India, and South Korea are having higher demand for massage oils, owing to presence of ayurvedic culture in the region.
Moreover, rise in demand for wellness travel among consumers across the globe has led to rise in the popularity of massage oils. In addition, massage oils help in the prevention and treatment of various health problems, reducing stress, improving circulation of blood, and in reducing pain of different body parts. In addition, an increase in old age population throughout the world is expected to propel growth of the massage oil market.
The massage oil market is segmented on the basis of product type, end-user, application, distribution channel, and region. On the basis of product, the market is classified into olive oil, almond oil, coconut oil, citrus oil, and others. Depending on the end user, it is classified into adults and babies. On the basis of application, it is classified into spas & wellness centers, medical therapeutics, and others. By distribution channel, the market is classified into hypermarkets & supermarkets, specialty stores, convenience stores, and E-commerce. Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
Key Benefits For Stakeholders
By Product Type
By End user
By Application
By Distribution Channel
By Region