The Latin America, Middle East and Africa Massage Oil Market would witness market growth of 13.7% CAGR during the forecast period (2021-2027).
Lockdown conditions like social distancing norms have increased the popularity of online modes of shopping as consumers prefer to resist themselves from crowded places. Improved experience offered by retail stores due to the redefining store layouts of spa & wellness centers, and medical massage therapy centers is a rewarding initiative. The recovery phase post COVID-19 pandemic heavily relies on different stakeholders of the massage oil market like customers, raw material suppliers, trade regulations of import and export routes. Though, key market players can capitalize on this situation to set their strong online presence.
Almost every kind of product reaches the attention of consumers due to online shopping, social media, and video streaming platforms. Efficient content marketing policies would help players operating in the market to endure the adverse impacts of the global pandemic.
The growth of the regional market would witness bright prospects due to the higher awareness among the individuals regarding health and wellness services combined with a rise in the number of spas that provide massage therapy in various parts of this region. Moreover, the regional market is further driven by the rising use of oils for babies.
Moreover, the increasing number of massage and wellness centers at airports of different countries of the region would spur the growth of the regional massage oil market during the forecasting period. Further, the utilization of massage oil for treating different health concerns would further open new growth avenues for the regional massage oil market during the forecasting period.
The Adult Oil market dominated the South Africa Massage Oil Market by End User in 2020, thereby, achieving a market value of $46.5 million by 2027. The Baby Oil market is expected to witness a CAGR of 15.2% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Massage Oil Market is Predict to reach $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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