According to a new report Global Massage Oil Market, published by KBV research, The Global Massage Oil Market size is expected to reach $4.4 billion by 2027, rising at a market growth of 12.5% CAGR during the forecast period.
Spa and wellness centers garnered the maximum revenue share of the massage oil market in 2020. The growth of the segment is driven by the growing preferences of consumers for wholesome relaxation experiences which have boosted the demand for massage treatment such as Thai, deep tissue, Swedish, reflexology, and shiatsu massage at spa and wellness centers.
The adult oil segment obtained the maximum revenue share in 2020. The prevalence of different health-related problems is increased due to the shifting lifestyle patterns, and hectic working schedules. This, as a result, has forced many people to prefer massage as an alternative method to alleviate muscular tension, depression, and pain.
In 2020, Europe emerged as the dominating region by acquiring the largest revenue share of the massage oil market. The growth of the regional market is accelerated due to the existence of a wide number of spa and wellness facilities in nations like France, the U.K., and Germany.
Full Report: https://www.kbvresearch.com/massage-oil-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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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