Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 5.12 Billion | USD 8.22 Billion | 5.4% | 2023 |
According to a report from Zion Market Research, the global Massage Oil Market was valued at USD 5.12 Billion in 2023 and is projected to hit USD 8.22 Billion by 2032, with a compound annual growth rate (CAGR) of 5.4% during the forecast period 2024-2032. This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Massage Oil Market industry over the next decade.
Massage oil stimulates body tissues when massaged into skin, thereby enhancing health conditions and revitalizing body and mind. Apart from this, there are various kinds of massage oils including coconut oil, apricot kernel oil, sweet almond oil, jojoba oil, avocado oil, sunflower oil, grapeseed oil, sesame oil, Kukui nut oil, wheat germ oil, and avocado oil. Additionally, massage helps in reducing post-operative pain, minimizing headache occurrence an alleviating blood pressure. Massages are related to health & wellness and hence large number of persons prefer different types of massages. This has enhanced popularity & use of massage oil in both western countries and Asian sub-continent.
Escalating awareness about health advantages derived due to massages will drive massage oil market trends. Apparently, many persons demand massage for health reasons like injury rehabilitation, curing soreness, reducing pain, minimizing stiffness, and reducing muscle spasms. In addition to this, patients suffering from cancer, osteoarthritis, back pain, and fibromyalgia prefer massage. All these aforementioned aspects will steer growth of massage oil industry over forecast timeline. Need for improving health & wellness has resulted in large number of persons opting for massages, thereby creating huge demand for massage oils.
Furthermore, hectic lifestyles leading to stress has culminated into massive need for massage, thereby further augmenting growth of massage oil market in the recent years. Easy availability of various kinds of massage treatments will embellish expansion of massage oil industry over anticipated timespan. Need to improve overall health & wellness of individuals will bolster expansion of massage oil business over projected period.
European Massage Oil Market To Expand Leaps & Bounds By 2032
The growth of massage oil industry in Europe during forecast period is due to massive presence of spa & wellness units in UK, Germany, and France. In addition to this, Europe has highest number of hotels having spa facilities across the globe. Furthermore, these spas provide myriad kinds of massage therapies such as Thai massage, reflexology, and shiatsu. All these aforementioned aspects will add to regional market size in upcoming years. Apparently, increase in per capita income in countries like France, the UK, and Germany will embellish market revenue in foreseeable future.
Report Attributes | Report Details |
---|---|
Report Name | Massage Oil Market |
Market Size in 2023 | USD 5.12 Billion |
Market Forecast in 2032 | USD 8.22 Billion |
Growth Rate | CAGR of 5.4% |
Number of Pages | 125 |
Key Companies Covered | The Himalaya Drug Company, Bon Vital, Raven Moonlight Botanicals, Fabulous Frannie, Master Massage, Biotone, The Body Shop, Natural Bath and Body Products, Aura Cacia, Bath & Body Works, and Nature’s Alchemy |
Segments Covered | By Application, By Product Type and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
By Application
By Product Type
By Region
FrequentlyAsked Questions
Escalating awareness about health advantages derived due to massages will drive massage oil market trends. Apparently, many persons demand massage for health reasons like injury rehabilitation, curing soreness, reducing pain, minimizing stiffness, and reducing muscle spasms. In addition to this, patients suffering from cancer, osteoarthritis, back pain, and fibromyalgia prefer massage. All these aforementioned aspects will steer growth of massage oil industry over forecast timeline. Need for improving health & wellness has resulted in large number of persons opting for massages, thereby creating huge demand for massage oils. Furthermore, hectic lifestyles leading to stress has culminated into massive need for massage, thereby further augmenting growth of massage oil market in the recent years.
According to Zion market research report, the global Massage Oil market accrued earnings worth approximately USD 5.12 Billion in 2023 and projected to USD 8.22 Billion by 2032, with a CAGR of around 5.4% between 2024-2032.
Europe will contribute lucratively towards the global market size over the estimated timeline. The regional market surge is due to massive presence of spa & wellness units in UK, Germany, and France. In addition to this, Europe has highest number of hotels having spa facilities across the globe. Furthermore, these spas provide myriad kinds of massage therapies such as Thai massage, reflexology, and shiatsu. All these aforementioned aspects will add to regional market size in upcoming years. Apparently, increase in per capita income in countries like France, the UK, and Germany will embellish market revenue in foreseeable future.
The key market participants include The Himalaya Drug Company, Bon Vital, Raven Moonlight Botanicals, Fabulous Frannie, Master Massage, Biotone, The Body Shop, Natural Bath and Body Products, Aura Cacia, Bath & Body Works, and Nature’s Alchemy.
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