PUBLISHER: Grand View Research | PRODUCT CODE: 1888997
PUBLISHER: Grand View Research | PRODUCT CODE: 1888997
The global white oil size was estimated at USD 2,327.2 million in 2024 and is projected to reach USD 3,386.3 million by 2033, growing at a CAGR of 4.2% from 2025 to 2033. The rise in skincare, haircare, and personal care products globally is fueling the need for high-purity, safe white oils.
Consumers increasingly prefer products with gentle, non-toxic ingredients, making white oil a key component in lotions, creams, and baby care products.White oil's non-toxic and odorless nature makes it essential in pharmaceutical formulations (ointments, laxatives) and food processing (coatings, lubricants). Increasing healthcare awareness and food safety standards are boosting its adoption across these sectors.
Rapid urbanization and increasing disposable income in countries such as India, China, and Southeast Asian nations are driving growth in cosmetics, personal care, and pharmaceutical sectors. This creates a significant opportunity for white oil manufacturers to expand production and capture new markets, especially in regions with growing middle-class populations and evolving lifestyle trends.
Global White Oil Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2033. For this study, Grand View Research has segmented the global white oil market report based on application, and region: