“Global Botanical Cleansing Oil Market to reach a market value of USD 3.5 Billion by 2031 growing at a CAGR of 10.1%”
The Global Botanical Cleansing Oil Market size is expected to reach $3.5 billion by 2031, rising at a market growth of 10.1% CAGR during the forecast period. In the year 2023, the market attained a volume of 5,030.03 Tonnes, experiencing a growth of 17.5% (2020-2023).
Countries in the Asia-Pacific region, such as South Korea, Japan, and China, have a strong cultural emphasis on skincare and beauty. Therefore, the Asia Pacific region captured $689.79 million revenue in the market in 2023. Also, China market would consume 1,488.97 Tonnes of Botanical Cleansing Oil by 2031. Skincare routines are deeply ingrained in daily life and focus on achieving radiant, youthful skin. These oils, known for their gentle yet effective cleansing properties, fit well into these elaborate regimens, driving high demand.
Consumers are increasingly concerned about the potential health risks associated with synthetic or chemical-based ingredients in skincare products. There’s a growing awareness of the environmental impact of conventional skincare products, particularly those containing synthetic chemicals that may harm ecosystems when washed down the drain. Thus, the growing consumer preference for natural ingredients drives the market’s growth.
Additionally, Botanical cleansing oils are highly effective at breaking down makeup, including waterproof formulas and long-wearing products. As consumers become more meticulous about removing makeup thoroughly to prevent clogged pores and breakouts, the need for a gentle yet powerful makeup remover, like this product, becomes increasingly important. Therefore, an increasing shift towards double cleansing propels the market’s growth.
However, botanical cleansing oils often contain natural ingredients, such as plant extracts and oils, which can be susceptible to degradation over time. Factors such as exposure to air, light, and temperature fluctuations can accelerate the degradation process, leading to changes in the product’s color, scent, and efficacy. Hence, limited shelf life is hampering the market’s growth.
Based on type, the market is divided into dry skin, oily skin, and mixed skin. In 2023, the mixed skin segment garnered 38.4% share in the market. Combination skin is characterized by both oily and dry areas on the face. These oils can effectively balance the skin’s oil production by removing excess oil and impurities from oily while providing hydration and nourishment to dry areas. In terms of volume, the mixed skin segment would utilize 3,260.71 Tonnes of Botanical Cleansing Oil by 2028.
On the basis of distribution channel, the market is segmented into online and offline. In 2023, the offline segment attained 39.3% revenue share in the market. Many consumers prefer to purchase skincare products, including these oils, through offline channels because it allows them to physically interact with the products, test their textures, and smell their fragrances before making a purchase. In terms of volume, the offline segment sold 1,874.19 Tonnes of Botanical Cleansing Oil in 2023.
Free Valuable Insights: Global Botanical Cleansing Oil Market size to reach USD 3.5 Billion by 2031
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2023, the North America region generated 27.9% revenue share in the market. The proliferation of clean beauty retailers, specialty skincare boutiques, and natural wellness stores in North America has made such oils more accessible to consumers. In terms of volume, the North America region would consume 3,061.89 tonnes of Botanical Cleansing Oil by 2031.
| Report Attribute | Details |
|---|---|
| Market size value in 2023 | USD 1.6 Billion |
| Market size forecast in 2031 | USD 3.5 Billion |
| Base Year | 2023 |
| Historical Period | 2020 to 2022 |
| Forecast Period | 2024 to 2031 |
| Revenue Growth Rate | CAGR of 10.1% from 2024 to 2031 |
| Quantitative Data | Volume in Tonnes, Revenue in USD Billion, and CAGR from 2020 to 2031 |
| Number of Pages | 236 |
| Number of Tables | 490 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
| Segments covered | Type, Distribution Channel, Region |
| Country scope |
|
| Companies Included | Kao Corporation, Unilever PLC, L'Oreal S.A., Avon Products, Inc. (Natura &Co Holding S.A.), Johnson & Johnson, Activist Skincare LLC, The Procter and Gamble Company, The Clorox Company, The Colgate Palmolive Company, COSRX, Inc. (Amorepacific Corporation) |
By Distribution Channel (Volume, Tonnes, USD Billion, 2020-2031)
By Type (Volume, Tonnes, USD Billion, 2020-2031)
By Geography (Volume, Tonnes, USD Billion, 2020-2031)
This Market size is expected to reach $3.5 billion by 2031.
Growing consumer preference for natural ingredients are driving the Market in coming years, however, Limited shelf-life of botanical cleansing oil restraints the growth of the Market.
Kao Corporation, Unilever PLC, L'Oreal S.A., Avon Products, Inc. (Natura &Co Holding S.A.), Johnson & Johnson, Activist Skincare LLC, The Procter and Gamble Company, The Clorox Company, The Colgate Palmolive Company, COSRX, Inc. (Amorepacific Corporation)
In the year 2023, the market attained a volume of 5,030.03 Tonnes, experiencing a growth of 17.5% (2020-2023).
The Online segment is generating highest revenue in the Market by Distribution Channel in 2023; thereby, achieving a market value of $2.1 Billion by 2031.
The Asia Pacific region dominated the Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1.5 Billion by 2031.
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 