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The Asia Pacific Massage Oil Market would witness market growth of 13.8% CAGR during the forecast period (2021-2027).
Once applied to the skin, massage oils activate the tissues of the body, improving health and reinvigorating the body as well as the brain. Some of the prominent massage oils include Apricot kernel oil, coconut oil, almond oil, sunflower oil, jojoba oil, avocado oil, Kukui nut oil, grapeseed oil, olive oil, sesame oil, and wheat germ oil. Some of the traditional massages like Ayurveda massage, Thai massage, Balinese massage, Kum Nye, Swedish massage, Chinese Traditional massage, and sports massage that use different types of massage oils. These massages spur the endocrine as well immunological responses of the body of a user.
Moreover, Ayurveda suggests the use of various types of massages for treating pain in different parts of the body, thereby propelling the demand & growth of massage oil in the market. Factor such as the increase in awareness regarding massage therapy is also accountable for the increased demand for these products in the market. Additionally, the geriatric population is getting highly aware of the advantages offered by massages such as injury rehabilitation, pain management, and managing soreness, spasms, and stiffness. Thus, these factors are likely to support the growth of the massage oil market during the forecasting period.
Some of the popular massage therapies such as Golf ball, hot stone, lymphatic, and sports massage help the regional market to gain a prominent share of the massage oil market. The regional market is currently witnessing lucrative growth opportunities due to the presence of prominent market players in this region. Nations like India, Indonesia, Malaysia, and Singapore are currently seeing the rising disposable income of consumers.
Consumers are constantly increasing their expenditure on massage therapies due to the increase in work pressure and hectic lifestyles. Moreover, massage therapies also help to prevent various health concerns like back and neck pain. Therefore, these factors are expected to accelerate the demand & growth of massage oil in the regional market during the forecasting period.
The China market dominated the Asia Pacific Coconut Oil Market by Country in 2020, thereby, achieving a market value of $83.2 million by 2027. The Japan market is exhibiting a CAGR of 10.9% during (2021 - 2027). Additionally, The India market is anticipated to witness a CAGR of 14.3% during (2021 - 2027).
Based on Application, the market is segmented into Medical Therapeutics, Spa and Wellness Centers and Other Applications. Based on End User, the market is segmented into Adult Oil and Baby Oil. Based on Product, the market is segmented into Almond Oil, Coconut Oil, Olive Oil, Citrus Oil and Other Products. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Performance Health, LLC (Bon Vital), Fabulous Frannie, The body Shop International Limited (Natura Cosméticos), Biotone, Bath & Body Works, Aura Cacia (Frontier Natural Products Co-Op), Master Massage (Master Home Products Ltd. Inc.), The Himalaya Drug Company, Natural Bath & Body Shop, and Raven Crest Botanicals.
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