Market Forecast By Source (Mineral Oil, Vegetable Oil), By Application (Hair Care, Skin Care, Make-up, Lip Care, Others), By Function (Skin Conditioning & Moisturizing, Hair Conditioning, Other) And Competitive Landscape
Product Code: ETC320855 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Report Name | Australia Cosmetic Oil Market |
Forecast period | 2025-2031 |
CAGR | 5.7% |
Growing Sector | Skincare |
The Australia Cosmetic Oil Market report thoroughly covers By Source, By Application, and By Function. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australia is a country known for its natural beauty and the use of natural ingredients in their cosmetic products. One such popular ingredient is cosmetic oil, which has gained popularity due to its numerous benefits for the skin and hair. Cosmetic oils are plant-based oils that are extracted from various fruits, seeds, and nuts. The market is estimated to bolster in the coming years due to the strict regulations set by the Australia government ensure that consumers can trust the quality and safety of cosmetic oils in the market. Furthermore, with the rise of e-commerce platforms and social media influence, consumers now have easier access to a wider range of cosmetic oil options from both local and international brands.
According to 6Wresearch, the Australia Cosmetic Oil Market size is expected to grow at a significant CAGR 5.7% during the forecast period 2025-2031. As consumers become more conscious of the ingredients used in their cosmetic products, there will be a greater demand for natural and organic options. This trend is expected to drive the growth of the Australia cosmetic oil market. Additionally, the rising use of traditional Indigenous Australia ingredients in cosmetic oils is gaining popularity, and this trend is expected to continue, further boosting the market growth. Australia Cosmetic Oil industry trends are also impacted by the growing demand for natural, organic and cruelty-free beauty products. This shift towards clean and sustainable beauty has led to an increasing preference for cosmetic oils derived from plant-based sources, such as jojoba, argan, and rosehip. With a rising focus on natural, non-toxic ingredients, the use of mineral oil and petroleum-based oils in cosmetics has decreased in recent years. This trend is expected to continue as consumers become more conscious about the ingredients they put onto their skin.
Some of the leading players in the Australia cosmetic oil industry include Jurlique a well-known Australia brand that produces natural skincare products. Companies such as Aesop, Jurlique, and Sukin, emphasizing environmentally sustainable practices, has carved a niche for itself in both the domestic and international markets with its affordable yet effective natural skincare range.
In Australia, cosmetic oils fall under the category of 'cosmetics' and are regulated by the Australia Government's Therapeutic Goods Administration (TGA). The TGA ensures that all cosmetics sold in Australia comply with strict safety and quality standards. Here are some key aspects of government regulations governing the cosmetic oil market in Australia: Cosmetic Regulations: In Australia, cosmetics are regulated as consumer goods rather than therapeutic goods. The regulation of cosmetics falls under the Industrial Chemicals Act 2019 and the Cosmetic Standards 2007, which outline specific requirements for the composition, labeling, and marketing of cosmetic products. Ingredient Safety: The TGA maintains a list of permitted and prohibited cosmetic ingredients known as the Australia Inventory of Chemical Substances (AICS).
The Australia cosmetic oil market is projected to witness significant growth in the coming years, driven by the increasing demand for natural and organic beauty products. The use of traditional Indigenous Australia ingredients in cosmetic oils is also expected to gain traction. Some potential insights into the future of the cosmetic oil market in Australia based on current trends and developments: Rise in Demand for Natural and Organic Products: Consumers are increasingly seeking natural and organic skincare products, including cosmetic oils. This trend is likely to continue, driven by growing awareness of sustainability, health consciousness, and concerns about synthetic ingredients.
According to Ravi Bhandari, Research Head, 6Wresearch, the vegetable oil segment is growing in the Australia cosmetic oil market compared to mineral oil. Vegetable oils, derived from plants and seeds, are perceived as safer and more sustainable alternatives to mineral oils, which are derived from petroleum.
The segment by application that is experiencing significant growth is likely the skincare segment. Skincare is a primary concern for many consumers, and the demand for skincare products, including those containing cosmetic oils, remains consistently high.
In the Australia cosmetic oil market, the segment by function that is likely experiencing the most significant growth is "Skin Conditioning & Moisturizing. Skincare is a fundamental aspect of personal care routines for many Australians. With increasing awareness of the importance of skincare for maintaining healthy and radiant skin, there's a growing demand for products that provide effective hydration and conditioning.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Cosmetic Oil Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Cosmetic Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Cosmetic Oil Market - Industry Life Cycle |
3.4 Australia Cosmetic Oil Market - Porter's Five Forces |
3.5 Australia Cosmetic Oil Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Australia Cosmetic Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Australia Cosmetic Oil Market Revenues & Volume Share, By Function, 2021 & 2031F |
4 Australia Cosmetic Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for natural and organic products |
4.2.2 Growing awareness about skincare benefits of cosmetic oils |
4.2.3 Rise in disposable income leading to higher spending on premium beauty products |
4.3 Market Restraints |
4.3.1 Stringent regulations and certifications required for cosmetic oil products |
4.3.2 Competition from substitute products like synthetic skincare ingredients |
5 Australia Cosmetic Oil Market Trends |
6 Australia Cosmetic Oil Market, By Types |
6.1 Australia Cosmetic Oil Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Australia Cosmetic Oil Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Australia Cosmetic Oil Market Revenues & Volume, By Mineral Oil, 2021-2031F |
6.1.4 Australia Cosmetic Oil Market Revenues & Volume, By Vegetable Oil, 2021-2031F |
6.2 Australia Cosmetic Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Cosmetic Oil Market Revenues & Volume, By Hair Care, 2021-2031F |
6.2.3 Australia Cosmetic Oil Market Revenues & Volume, By Skin Care, 2021-2031F |
6.2.4 Australia Cosmetic Oil Market Revenues & Volume, By Make-up, 2021-2031F |
6.2.5 Australia Cosmetic Oil Market Revenues & Volume, By Lip Care, 2021-2031F |
6.2.6 Australia Cosmetic Oil Market Revenues & Volume, By Others, 2021-2031F |
6.3 Australia Cosmetic Oil Market, By Function |
6.3.1 Overview and Analysis |
6.3.2 Australia Cosmetic Oil Market Revenues & Volume, By Skin Conditioning & Moisturizing, 2021-2031F |
6.3.3 Australia Cosmetic Oil Market Revenues & Volume, By Hair Conditioning, 2021-2031F |
6.3.4 Australia Cosmetic Oil Market Revenues & Volume, By Other, 2021-2031F |
7 Australia Cosmetic Oil Market Import-Export Trade Statistics |
7.1 Australia Cosmetic Oil Market Export to Major Countries |
7.2 Australia Cosmetic Oil Market Imports from Major Countries |
8 Australia Cosmetic Oil Market Key Performance Indicators |
8.1 Number of new product launches incorporating cosmetic oils |
8.2 Growth in online searches for cosmetic oils and related skincare topics |
8.3 Increase in the number of beauty influencers promoting cosmetic oils on social media |
9 Australia Cosmetic Oil Market - Opportunity Assessment |
9.1 Australia Cosmetic Oil Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Australia Cosmetic Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Australia Cosmetic Oil Market Opportunity Assessment, By Function, 2021 & 2031F |
10 Australia Cosmetic Oil Market - Competitive Landscape |
10.1 Australia Cosmetic Oil Market Revenue Share, By Companies, 2024 |
10.2 Australia Cosmetic Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |