Face Oils Market 2022-2030: Increase In Demand For Luxury Skin Care Products Is The Key Factor Driving Market Revenue Growth
The Global Face Oils Market size was USD 951.7 Million in 2021 and is expected to register a revenue CAGR of 7.6% over the forecast period, according to the latest report by Reports and Data. Increasing demand for oil-based skin care treatment as well as luxury skincare products is a key factor driving market revenue growth. Face oils help in treating various skin disorders, such as dermatitis and eczema owing to anti-inflammatory properties, that can calm the skin and lessen irritation. Omega-3 fatty acids, flavonoids, polyphenols, and vitamins A, C, D, and E are also present in various face oils, which are beneficial for skin health. For instance, coconut oil contains vitamins E and K as well as offers anti-fungal and antibacterial properties and is readily absorbed by skin. A few of the health promoting components for skin that are abundant in almond oil include protein, potassium, zinc, and vitamin E. In addition, regular use of face oils improves skin hydration, firmness, and elasticity in addition to helping in reduction of stretch marks and scars, which is one of the primary factors driving revenue growth of market.
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Rising pollution in addition to prevalence of genetic disorders and hormonal imbalances are key factors increasing demand for face oils. Skin naturally produces lipids and oils that keep it hydrated and stop water loss. Face oils work well with skin’s natural oils to keep it moisturized and balanced. In addition, face oils are derived from plants and typically made up of various flowers, leaves, roots, and others, thereby increasing demand for organic skincare products. Moreover, without proper sun protection, exposure to extreme Ulta-Violet (UV) rays can cause free radical damage, which results in wrinkles, hyperpigmentation, and sun spots on skin. Furthermore, antioxidants which prevent dryness, UV damage, and further aging, are rich in face oils, which is one of the major factors driving revenue growth of the market.
However, mineral oil which is a filler included in many lotions, oils, and creams, can coat skin and clog pores, resulting in acne and pimples. Chemicals used in face oils have adverse side effects to skin, which can provide some restraints for market revenue growth.
Top Profiled in the Global Face Oils Market Report:
- Biersdorf Global,
- L’Oréal Paris,
- Procter & Gamble,
- Shiseido Co., Ltd.,
- Amway India Enterprises Pvt. Ltd.,
- Avon Products,
- Johnson & Johnson Services, Inc.,
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By Type Outlook
- Anti-aging beauty oils
- Facial cleansing oils
- Face moisturizing oils
- Pre-shave oils
By Distribution Channel Outlook
By Product Type Outlook
- Organic face oil
- Regular face oil
By End-Use Outlook
Key Takeaways of the Global Face Oils Market Report:
- A comprehensive overview of the global Face Oils industry.
- Accurate market projections in terms of market size, share, and volume.
- Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
- Deep-dive analysis of the upcoming market trends.
- Qualitative and quantitative analyses of the global Face Oils market.
- Elaborate study of the leading regional markets in the global Face Oils market.
- Complete overview of the market’s competitive landscape.
- Brief look at the company profiles and portfolios.
Key Regional Markets Covered in the Report:
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
Rest of Middle East & Africa
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