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: ETC320844 | Publication Date: Aug 2022 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | India Cosmetic Oil Market |
Forecast Period | 2025-2031 |
CAGR | 7.2% |
Growing Sector | Personal Care |
The India Cosmetic Oil Market Report thoroughly covers the market by source, application, and function. The India Cosmetic Oil Market Outlook report provides an unbiased and detailed analysis of the ongoing India Cosmetic Oil Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
India Cosmetic Oil Market has been growing significantly and is anticipated to grow more in the future due to the increasing demand for organic and natural skincare products. The market is also facing some challenges, which it can overcome in the years to come.
According to 6Wresearch, the India Cosmetic Oil Market size is projected to rise at a CAGR of 7.2% during 2025-2031. The drivers of the cosmetic oil market in India can be attributed to the growing demand for organic and natural beauty products. India has a long history of using traditional remedies and methods to take care of the skin and hair. This preference for natural and organic solutions has led to the rise of the cosmetic oil market in India. Moreover, with the growth of disposable income among the middle class, consumers are willing to invest in premium beauty products. This shift from synthetic products to natural products has further contributed to the growth of cosmetic oils. These factors have been inspiring the India Cosmetic Oil Market growth.
One of the main challenges is the lack of awareness among consumers about the benefits of cosmetic oils. Many consumers still prefer synthetic products over natural or organic products. The market is also facing pricing issues as cosmetic oils are priced higher than regular skincare products. Moreover, the unorganized market structure has also created hurdles for the growth of the industry.
Several players are contributing to the growth of the cosmetic oil market in India. Some of the leading Indian brands include Himalaya, Khadi Naturals, and Forest Essentials. International players such as L'Oreal and The Body Shop are also investing in the Indian market. These players are relying on the trend for natural and organic skincare products to expand their product lines. Furthermore, with an increase in e-commerce websites, these players are also devising strategies to push their products online.
The Indian government has launched several initiatives to promote the cosmetic oil industry. The 'Make in India' campaign has set the stage for domestic manufacturers to compete with established international players. Moreover, the government has also started to take measures to streamline the regulation of the cosmetics industry in India. The Bureau of Indian Standards (BIS) has implemented mandatory quality standards to ensure the safety and quality of cosmetic oils and other cosmetic products.
India cosmetic oil market is on an upward trajectory, driven by several factors like the demand for essential oils, the popularity of Ayurvedic products, the rise in e-commerce sales, increasing disposable income, and the growing health and wellness trend. The market has seen immense growth in the last few years and is expected to continue growing in the future. The rise in demand for natural and organic cosmetic oil products is a key driver of the market.
According to Dhaval, Research Manager, 6Wresearch, the mineral oil segment is slowing down, while the vegetable oil segment is expected to grow rapidly. The use of vegetable oils in cosmetics is not just a trend; it is a shift towards a more natural and eco-friendly approach to personal care.
On the basis of application, the hair care segment is the largest application segment in the Indian cosmetic oil market. There are many factors contributing to this growth, such as the rise in hair styling and dyeing treatments, increasing concerns about hair fall, and the lack of nutrient-rich food. Jojoba oil, coconut oil, and argan oil are the most preferred oils for hair care.
The report provides a detailed analysis of the following 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 India Cosmetic Oil Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Cosmetic Oil Market Revenues & Volume, 2021 & 2030F |
3.3 India Cosmetic Oil Market - Industry Life Cycle |
3.4 India Cosmetic Oil Market - Porter's Five Forces |
3.5 India Cosmetic Oil Market Revenues & Volume Share, By Source, 2021 & 2030F |
3.6 India Cosmetic Oil Market Revenues & Volume Share, By Application, 2021 & 2030F |
3.7 India Cosmetic Oil Market Revenues & Volume Share, By Function, 2021 & 2030F |
4 India Cosmetic Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Cosmetic Oil Market Trends |
6 India Cosmetic Oil Market, By Types |
6.1 India Cosmetic Oil Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 India Cosmetic Oil Market Revenues & Volume, By Source, 2021 - 2030F |
6.1.3 India Cosmetic Oil Market Revenues & Volume, By Mineral Oil, 2021 - 2030F |
6.1.4 India Cosmetic Oil Market Revenues & Volume, By Vegetable Oil, 2021 - 2030F |
6.2 India Cosmetic Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Cosmetic Oil Market Revenues & Volume, By Hair Care, 2021 - 2030F |
6.2.3 India Cosmetic Oil Market Revenues & Volume, By Skin Care, 2021 - 2030F |
6.2.4 India Cosmetic Oil Market Revenues & Volume, By Make-up, 2021 - 2030F |
6.2.5 India Cosmetic Oil Market Revenues & Volume, By Lip Care, 2021 - 2030F |
6.2.6 India Cosmetic Oil Market Revenues & Volume, By Others, 2021 - 2030F |
6.3 India Cosmetic Oil Market, By Function |
6.3.1 Overview and Analysis |
6.3.2 India Cosmetic Oil Market Revenues & Volume, By Skin Conditioning & Moisturizing, 2021 - 2030F |
6.3.3 India Cosmetic Oil Market Revenues & Volume, By Hair Conditioning, 2021 - 2030F |
6.3.4 India Cosmetic Oil Market Revenues & Volume, By Other, 2021 - 2030F |
7 India Cosmetic Oil Market Import-Export Trade Statistics |
7.1 India Cosmetic Oil Market Export to Major Countries |
7.2 India Cosmetic Oil Market Imports from Major Countries |
8 India Cosmetic Oil Market Key Performance Indicators |
9 India Cosmetic Oil Market - Opportunity Assessment |
9.1 India Cosmetic Oil Market Opportunity Assessment, By Source, 2021 & 2030F |
9.2 India Cosmetic Oil Market Opportunity Assessment, By Application, 2021 & 2030F |
9.3 India Cosmetic Oil Market Opportunity Assessment, By Function, 2021 & 2030F |
10 India Cosmetic Oil Market - Competitive Landscape |
10.1 India Cosmetic Oil Market Revenue Share, By Companies, 2024 |
10.2 India Cosmetic Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |