The Europe Massage Oil Market would witness market growth of 12.2% CAGR during the forecast period (2021-2027).
One of the major catalysts for the growth and demand for massage oil is increased awareness among people about the therapeutic advantages of massage when treating several kinds of health problems like soreness, arthritis, body pains, and among others. Factor like the emergence of health tourism (advanced tourism infrastructure and transport services, wellness programs (reconditioning, regenerative, and relaxation of mind & body) and fitness programs (weight loss, stress reduction, and nutrition programs) is directly proportional to the growth of massage oil market.
The European region is currently witnessing a surge in disposable income of millennial consumers that would provide massage therapists the opportunity to appeal to them towards these massage therapies. Moreover, the growth of the regional market would be further boosted by the rapid expansion of spa salons in nations like France, the UK, Germany, and Italy.
The regional tourism sector has boomed in the last couple of years. The tourists seek massage and wellness services for rejuvenation and healing purposes which would unlock growth prospects for the regional massage oil market. Hence, these factors are collectively responsible for the growth & demand for massage oil in the regional market.
The demand for massage therapy would increase due to the surge in recognition of the chiropractor community. Moreover, the growing awareness regarding pain management & physical ailments would assist in enhancing the development of massage therapies & massage oils. In addition, the growth of the market would be supported due to the sedentary and stressful lifestyles are giving rise to different stress-related health concerns, which encourage consumers to go for a massage.
The Germany market dominated the Europe Baby Oil Market by Country in 2020, thereby, achieving a market value of $88.7 million by 2027. The UK market is showcasing a CAGR of 12.1% during (2021 - 2027). Additionally, The France market is poised to grow at a CAGR of 14.6% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Massage Oil Market Size will Hit $4.4 Billion by 2027, at a CAGR of 12.5%
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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