Massage Oil Market Registers 1.5X Growth amid COVID-19 Impact

Intensive awareness campaigns by international associations such as the America Massage Therapy Association (AMTA), and the International Massage Association (IMA) will present favorable growth opportunities for the massage oil market. The global massage oil market exhibits a steady growth trajectory with 5% CAGR during the forecast period (2020 to 2030).

Increasing recognition from the chiropractor community contributes significantly to massage therapy revenue. Prevalence of holistic healthcare for pain management, and physical injuries will continue to bolster growth for massage therapies, and massage oils.

Tech-driven advancements in extraction processes equip manufacturers with the right set of tools to garner sales. Market players are differentiating products on essential oil ingredients and product packaging.

Spa & Wellness Give Financially Rewarding Tailwinds to Massage Oil Market

Spa & Wellness centers account for the largest market value share with over 54% revenues coming from this application segment. Further, the increasing awareness about the medical benefits of massage therapy play an important role in the growth of the massage oil market.

On this backdrop, the medical therapeutics application segment offers the most remunerative opportunities with an impressive 6% CAGR through 2030. Uptake in medical research of massage therapies such as deep tissue, Thai, and Swedish massage, acts as a central factor for adoption of massage oils in medical therapeutics.

Surging number of health conditions such as prenatal depression, autism, hypertension, dementia, and Parkinson’s syndrome warrant the use of massage therapy and massage oils from the medical community.

Europe to Remain in Forefront of Global Sales

Europe holds more than 35% share of the total market value. Increasing disposable income of millennial consumers gives massage therapists the opportunity to attract, engage, and delight customers. Rapid expansion of spa salons in countries such as the UK, France, Italy, and Germany drive demand from this region.

Golf ball, hot stone, lymphatic, and sports massage are a few eminent massage therapies that generate maximum demand for massage oils. Prosperous opportunities can be seen in Asia Pacific countries with a flourishing digital economy.

Countries such as Indonesia, India, Singapore, and Malaysia are witnessing an increase in disposable income of consumers. When coupled with rising work pressure and hectic lifestyles, consumers are likely to increase spending on massage therapies.

Global Massage Oil Market: In-Depth Assessment on Key Segments

The global massage oil market is segmented on the basis of product, demographic, application, and region.

  • By Product :

    • Olive
    • Almond
    • Coconut
    • Citrus
    • Others

  • By Demographic :

    • Adult
    • Baby

  • By Application :

    • Spa and Wellness Centers
    • Medical Therapeutics
    • Others

  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • Middle East & Africa

- Frequently Asked Questions -

What is the growth rate of the global Massage Oil Market?

The global massage oil market expects a steady growth with 5% CAGR during the forecast period.

Which segment captures maximum share in the massage oil market?

The spa & wellness center segment accounts for the largest market value share with over 54% of revenue share.

Which is the most leading region in the global massage oil market?

Europe brings the majority sales by holding more than 35% share of the total market value.

Which popular therapies create demand for massage oils?

Golf ball, hot stone, lymphatic, and sports massage are a few eminent massage therapies that generate maximum demand for massage oils.