Cosmetic Oil Market

By Nature;

Organic and Conventional.

By Product;

Almond Oil, Olive Oil, Coconut Oil, Essential Oil, and Others.

By Application;

Hair Care - Hair Oil, Shampoos & Other, Skin Care, Make-up, Lip Care, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East, Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn229275459 Published Date: August, 2025

Cosmetic Oil Market Overview

Cosmetic Oil Market (USD Million)

Cosmetic Oil Market was valued at USD 33,468.28 million in the year 2024. The size of this market is expected to increase to USD 46,468.90 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.8%.


Cosmetic Oil Market

*Market size in USD million

CAGR 4.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.8 %
Market Size (2024)USD 33,468.28 Million
Market Size (2031)USD 46,468.90 Million
Market ConcentrationHigh
Report Pages336
33,468.28
2024
46,468.90
2031

Major Players

  • DeRoyal
  • Albert David Ltd
  • Braun Melsungen AG
  • Terumo Corporation
  • Connecticut Hypodermics Inc.
  • Insulet
  • Septodont
  • Medtronic
  • BD
  • Schott AG
  • Cardinal Health
  • Smiths Medical
  • Others

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Cosmetic Oil Market

Fragmented - Highly competitive market without dominant players


The cosmetic oil market continues to expand, fueled by the rising need for skincare and haircare enhancements. These oils are essential in improving product texture, nourishment, and hydration, making them integral to modern cosmetics. Skincare remains dominant, accounting for more than 50% of overall cosmetic oil applications.

Importance in Skincare
Nearly 40% of cosmetic oil usage comes from skincare, with a focus on anti-aging, moisturizing, and protective solutions. Oils enriched with vitamins and bioactive compounds are increasingly preferred for their ability to support healthy, radiant skin. This demand reflects the central role of cosmetic oils in advanced skincare formulations.

Role in Haircare and Grooming
Haircare products account for around 35% of consumption, driven by the benefits of scalp nourishment, shine, and conditioning. Widely used oils, including botanical and essential variants, enhance the effectiveness of shampoos, serums, and styling products. Their versatility has made cosmetic oils a core component in personal grooming practices.

Product Innovation
Close to 30% of new cosmetic products feature oils that provide lightweight textures and multi-functional results. Innovations like nutrient-rich and fast-absorbing oils improve performance while ensuring comfort and safety. Such advancements strengthen the overall user experience and foster product differentiation in the beauty industry.

Market Outlook
The cosmetic oil market shows strong potential for future growth, with over 45% of new developments focused on natural and multi-benefit oils. Their ability to combine efficacy with sensory appeal ensures ongoing popularity. With continuous product innovation and consumer-driven preferences, cosmetic oils remain integral to the personal care landscape.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Nature
    2. Market Snapshot, By Product
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Cosmetic Oil Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Public Health Campaigns
        2. Expansion of Hospitals and Clinics
        3. Access to Healthcare in Developing Regions
        4. Regulations Promoting Safe Injection Practices
      2. Restraints
        1. Insufficient medical facilities
        2. Presence of counterfeit products
        3. Price competition among manufacturers
        4. Access to healthcare in developing regions
      3. Opportunities
        1. Risk of cross-contamination
        2. Incidences of needle stick injuries
        3. Adoption of needle-free technology
        4. Use of alternative drug delivery systems
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Cosmetic Oil Market, By Nature, 2021 - 2031 (USD Million
      1. Organic
      2. Conventional
    2. Global Cosmetic Oil Market, By Product, 2021 - 2031 (USD Million)
      1. Almond Oil
      2. Olive Oil
      3. Coconut Oil
      4. Essential Oil
      5. Others
    3. Global Cosmetic Oil Market, By Application, 2021 - 2031 (USD Million)
      1. Hair Care - Hair Oil
      2. Shampoos & Other
      3. Skin Care
      4. Make-up
      5. Lip Care
      6. Others
    4. Global Cosmetic Oil Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. DeRoyal
      2. Albert David Ltd
      3. Braun Melsungen AG
      4. Terumo Corporation
      5. Connecticut Hypodermics Inc.
      6. Insulet
      7. Septodont
      8. Medtronic
      9. BD
      10. Schott AG
      11. Cardinal Health
      12. Smiths Medical
      13. Others
  7. Analyst Views
  8. Future Outlook of the Market