Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Massage Oil Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Massage Oil Market. The research
study also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and world Massage Oil Market over the short
as well as long period of time. A detailed presentation of forecast, trends,
and dollar values of international Massage Oil Market is offered.
Market
Insights:
In accordance with the report, the Massage Oil Market is
projected to expand at a CAGR of X.X% over the period
of forecast. The global Massage Oil Market
was valued at USD XX.X Mn in 2019 and is expected to reach USD XX.X Mn in 2031,
growing with a significant CAGR rate during the forecast period. The massage
treatment sector is seeing a considerable increase in revenue as the
chiropractor community becomes more well-known. Additionally, increased public
awareness of pain management and physical diseases will aid in the development
of massage therapies and massage oils. Massage therapies and massage oils will
continue to rise in popularity as the use of holistic healthcare for pain
management and physical ailments grows. The growing knowledge of massage
therapy's medical benefits contributes significantly to the expansion of the
massage oil market. Stress-related cases are on the rise as a result of
people's increasingly busy and chaotic lifestyles, prompting them to seek
massage therapy and therefore boosting the market's growth. Furthermore, the
availability of many types of massage therapy has a favourable impact on market
growth. The senior population is quickly growing over the world, owing to
increased longevity. Europe accounts for more than XX.X% of the entire market
value. Massage therapists can attract, connect, and please customers thanks to
millennial consumers' growing disposable wealth. Demand from this region is
driven by the rapid expansion of spa salons in nations such as the United
Kingdom, France, Italy, and Germany. Furthermore, adults with neck, head, and
back pain, as well as a variety of other life-threatening ailments like
cardiovascular disease and arthritis, prefer these therapies as an alternative
treatment, which is likely to drive demand for massage oil among adults
throughout the forecast period.
Research
Methodology:
To compile
the detailed study of the global Massage Oil market, a robust research
methodology has been adopted that aids in determining the key insights and also
evaluates the growth prospects of the Massage Oil Market. Comprehensive and iterative research methodology
focused on minimizing deviance in order to provide the most accurate estimates
and forecast possible. The company utilizes a combination of bottom-up and
top-down approaches for segmenting and estimating quantitative aspects of the
market. Our research methodology implements a mix of primary as well as
secondary research. Our projects are initiated with secondary research, where
we refer to a variety of sources including trade databases; government published
documents, investor presentations, company annual reports, Industrial papers,
and paid databases. To carry out secondary research, the analysts have
collected the information through company annual reports, journals, company
press releases, and paid databases that were referred to gain and identify
better opportunities in the Massage Oil Market.
COVID-19
Scenario Analysis:
The COVID-19
outbreak has shaken the whole economy in the world. In this scenario some
industries are doing quite well while others have been crushed. This section of
the report has explored the overall status of the COVID-19 scenario. The
industry witnessed a huge decline in terms of sales. Likewise, the Massage Oil market
was affected negatively due to the shutdown of manufacturing/processing
facilities for some time. The analysts have also focused on the key measures
that the companies are opting to withstand the harsh scenario.
Segment
Covered:
Massage Oil Market report has been
segmented by Product Type, By Application and geography also includes the
market size and forecast for all these segments. Compounded annual growth rates
for all segments have also been provided for 2022 to 2031. This report is a
compilation of first-hand information, qualitative and quantitative assessment
by industry analysts, inputs from industry experts and industry participants
across the value chain.
Key Segments:
Massage Oil Market research report
includes an in-depth coverage of the industry with estimates & forecast
from 2022 to 2031, for the following segments:
Massage Oil Market, By
Product type, 2022-2031 (USD Million)
·
Olive
·
Almond
·
Coconut
·
Citrus
·
Others
Massage Oil Market, By
Application, 2022-2031 (USD Million)
·
Spa &
Wellness Units
·
Medical
Therapeutics
·
Others
Report
Highlights:
The prime objective of the Massage Oil market report is to
help the user understand the market in terms of its definition, segmentation,
market potential, influential trends, and the challenges that the market is
facing with different major regions and more than 30 major countries across the
globe. During the report's production, extensive research and analysis were
conducted. This research will assist readers in gaining a thorough
understanding of the market.
Massage Oil Market,
By Region, 2022-2031 (USD Million)
·
North America ( United
States, Canada, Mexico)
·
Europe (Germany, UK,
France, Italy, Russia, Spain, and Rest of Europe)
·
South Asia ( India,
Pakistan and Bangladesh)
·
East Asia (China,
Japan and South Korea)
·
South East Asia (Indonesia,
Thailand, Singapore, Malaysia, Rest of SE Asia)
·
Middle East (Turkey,
Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
·
Africa (Nigeria,
South Africa, Egypt, Algeria, Rest of Africa)
·
South America (Brazil,
Argentina, Colombia, Chile, and Rest of SA)
·
Oceania (Australia
and New Zealand)
Companies
Profiled:
To enhance their position in the global
market, key suppliers/manufacturers are concentrating on business expansion and
product innovation. Manufacturers/producers are also working on boosting their
manufacturing capacity and product quality to gain a competitive advantage. The
following are some of the prominent manufacturers in the worldwide Massage Oil market:
·
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
·
Nature’s
Alchemy
·
Others
Massage Oil Market Report Highlights:
·
Detailed
analysis of the parent market
·
Key players'
strategies and products supplied in the competitive landscape
·
Market
segmentation in depth analysis
·
Market size
in terms of volume and value, past, present, and future scenario
·
Potential and
specialty areas, as well as geographical regions with promising growth
prospects
·
Market
players use this information to maintain and expand their market presence, thus
it's important to have an unbiased perspective on market performance.