Increasing Number Of Spas And Wellness Centers Driving The Demand For Body Oils Across The Globe

According to the latest report published by Credence Research, Inc. “Global Body Oils Market - Growth, Future Prospects and Competitive Analysis, 2018-2026,” the global body oils market expected to grow at a CAGR of 4.2% from 2018 to 2026.

According to the latest report published by Credence Research, Inc. “Global Body Oils Market - Growth, Future Prospects and Competitive Analysis, 2018-2026,” the global body oils market expected to grow at a CAGR of 4.2% from 2018 to 2026.

Browse the full report Global Body Oils Market - Growth, Future Prospects and Competitive Analysis, 2018-2026 report at https://www.credenceresearch.com/report/body-oils-market

Market Insights

Body oils refer to the skincare products that are applied on the skin for treatment or prevention of dry skin. The main ingredients in the body oils includes natural sources such as vegetable or fruit seeds, fatty acids and vitamin E. The fatty acids are the essential components in oils that helps in enhancing the metabolic activities and consists of skin protection capabilities. Usage of body oils helps to smoothen the skin and prevents the moisture loss. Preference for aromatherapy is driving the demand for body oils in recent years. Aromatherapy acts as an alternative medicine and has several useful properties. For instance, patients diagnosed with acute leukemia prefers aromatherapy that alleviates the symptoms such as pain, anxiety, insomnia among others. Moreover, factors such as increasing number of spas and wellness centers across the globe is also boosting the growth of the global body oils market.

The global market for body oils segmented into different product types that include dry oils and wet oils. Dry oils segmented into rosehip seed oil, evening primrose oil, sesame oil, grape seed oil and others. Wet oils further segmented into coconut oil, almond oil, jojoba oil, hemp oil and others. Dry body oils expected to witness the fastest growth during the forecast period. These oils include all the essential ingredients derived from seeds, vegetables and herbs. In 2017, Avon Products Inc. launched dry oil for skin care that also acts as an insect repellent. This product is used by the Royal Marines and it helps in preventing mosquito bites. This product launch enhanced Avon’s product portfolio in the body oils segment and strengthened its position among other competitors. In the wet oils segment, coconut and almond oils are widely preferred among the consumers. Rise in awareness towards maintaining healthy skin among the population has resulted in the increasing demand for wet body oils. Due to its smooth and thick texture, it improves the appearance of the skin. In 2018, Neighborhood Botanicals launched a new body oil for both male and female population. The ingredients used are purely natural and the texture of this oils intends to keep the skin hydrated and prevents dryness.

Distribution channel includes online channel, supermarkets, hypermarkets, specialty stores among others. Online channel expected to witness the fastest growth during the forecast period. Retailers offer wide array of global and domestic brands through online channels in order to grab attention from the customers. Companies such as Bath & Body Works realized 31% online sales growth in 2018 while its offline channel had a major setback with 7% growth rate.

Based on end-use applications, the market segmented into personal use, spa and wellness centers and medical therapeutics. Spa and wellness center dominated the market in 2017. Massage helps to stimulate the tissues of the body and to maintain proper moisture content in the skin. Chronic diseases such as heart disease, arthritis, cancer among others are countered with the application of essential oils in the body thus reducing anxiety and level of stress.

Based on geography, Asia Pacific held the leading market share owing to the rising number of population, manufacturers and discretionary spending on premium products. Europe followed Asia Pacific region and grabbed a significant market share in 2017. Europe recorded more than 1500 health resorts and spas across the countries such as Italy, France and Germany.

Some of the major players operating in this market includes Avon Products Inc. Aveda Corporation, Bath & Body Works, Clarin’s Group, Dessert Essence, E.T. Browne Drug Company Inc., Unilever Plc, Suki Skincare, Nutregena Company among others.

To know more insightful information, click here @ https://www.credenceresearch.com/sample-request/59359

Loading...

Comments

No comments to display.

Related posts

Geogrids Market Higher Mortality Rates by 2025

Geogrids are a class of geosynthetics which are composed of materials such as polyesters, high-density polyethylene and polypropylene, among others.

Global Digital Map Market Size is Registering CAGR of 12.7% from 2017 to 2023

The digital map market is projected to grow at a CAGR of 12.7% from 2017 to 2023. This is attributed to increase in the use of geospatial information and rise in use of smartphones.

Privacy Management Software Market Analysis, Share and Size, Trends, Industry Growth And Segment Forecasts To 2023

Privacy Management Software Market Research Report Information, —By Application (Compliance Management, Risk Management, Reporting and Analytics), Deployment Mode, Vertical (Telecommunication & IT, BFSI, Government & Defense) – Global Forecast till 2023 Market Synopsis The Global Privacy Management Software market is expected to grow at a significant CAGR during the forecast period The reports of identity theft, accidental disclosure of customer and proprietary business information as well as successful attempts by hackers to infiltrate systems and take information are on rise. The growing concern for data privacy has increased the number of laws and regulations that are concerned regarding the information to be collected and maintained. The process of storing the information - how and where, as well as transfer of the information is being scrutinized. Get Sample Report @ https://www.marketresearchfuture.com/sample_request/7400 Segmentation The global Privacy Management Software Market is segmented into application, deployment mode, organization size, vertical and region/country. By application, the global privacy management software is segmented into compliance management, risk management, reporting and analytics, and others. By deployment mode, the global privacy management software is segmented into on-premises and cloud. By organization size, the global privacy management software is segmented into small and medium-sized enterprises (SMEs) and large enterprises. Check Discount @ https://www.marketresearchfuture.com/check-discount/7400 Regional analysis The global market for privacy management software is expected to grow at a significant CAGR during the forecast period. The geographical analysis of privacy management software market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America). Key Players The key players in the privacy management software market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are— Nymity Inc. (US), OneTrust, LLC (UK), TrustArc Inc (US), SIMBUS, LLC. (US), BigID, Inc. (US), International Business Machines Corporation (US), Protiviti Inc. (US), Proteus-Cyber Ltd. (UK), 2B Advice LLC (US), TokenEx (US), SureCloud (UK), AURA DIFUSION S.L.(US) Get More Information @ https://www.marketresearchfuture.com/press-release/privacy-management-software-market Intended Audience • Government Agencies • Privacy Management Software Service/Solution Providers • Financial Advisory/Consulting Firms • System Integrators • Research Institutes and Organizations • Technology Standards Organizations • Venture capitalist/angel investors • Information security directors/managers

Soil Stabilization Materials Market Is Expected To Register a CAGR of 6.6% during 2018-2028

Future Market Insights has announced the addition of the “Soil Stabilization Materials Market Global Industry Analysis 2018 - 2028 " report to their offering

Furfuryl Alcohol Market Approach A Value Worth US$ 1,493.7 Mn By The End Of 2028

Future Market Insights has announced the addition of the “Furfuryl Alcohol Market Global Industry Analysis 2018 - 2028 " report to their offering

High Abuse Shrink Bags Market Detailed Analytical Overview by 2027

High Abuse Shrink Bags Market: Global Industry Analysis and Opportunity Assessment 2017-2027

Plastic-Free Packs Market Registering a Strong Growth by 2027

Plastic-Free Packs Market: Global Industry Analysis and Opportunity Assessment 2017-2027