Oil Control Lotion Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.80 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Oil Control Lotion Market Analysis
The global oil control lotion market is projected to grow at a CAGR of 4.8% during the forecast period (2019-2024).
- The market is mainly driven by the increasing demand for grooming and skincare products for both women and men. Although the women sector dominates the market, the mensector is witnessing a steep growth owing to their increasingconsciousness about their appearance. Also, frequent product launches with new formulations have significantly fueled market growth.
- Geographically, Europe dominates the global oil control lotionmarket, owing to high skincare consciousness. Asia-Pacific, followed by North America, South America, and the Middle East and Africa are expected to witness the highest growth rate from the last decade.
- However, one of the major challenges involved in the oil control lotion market growth is the stringent regulations and testing procedures introduced by the government for cosmetics and skincare products such as oil control lotion, which has resulted in increased price of these products.
Oil Control Lotion Market Trends
This section covers the major market trends shaping the Oil Control Lotion Market according to our research experts:
Growing demand for skin care products
The growing awareness of the consumers regarding the skincare products and their growing shift towards grooming themselves to look more confident has driven the oil-control market sales. Although, the hair care and other products have been growing their market share, skin care products have always held the highest position in the beauty market. ‘in-cosmetics’ have estimated the worldwide growth of the market to be the highest for skincare products, followed by haircare and baby beauty and personal care products.
Asia-Pacific is the fastest growing market
Asia-Pacific is projected to be the fastest-growing market owing to the rising effectiveness of celebrity endorsements and the awareness of anti-aging properties present in the oil-control lotions, along with the increasing demand for grooming cosmetics. Also, with the increasing internet penetration, the online market for the purchase of personal care products including oil control lotion has seen rapid growth globally in the last 3-4 years. This category has attracted a few vertical specialists like Amazon, Walmart, Carrefour, etc. who are riding on increasing e-retailing growth and vying for a significant pie in online personal care space.
Oil Control Lotion Industry Overview
The global oil control lotion market is fragmented, owing to the presence of large regional and domestic players in different countries. Emphasis is given on the merger, expansion, acquisition and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. Few of the major players in the global market includesMAC.,e.l.f. Cosmetics, Inc.,Dermalogica, Inc.,Aveda Corporation andAvène Hydrotherapy Center, among others.
Oil Control Lotion Market Leaders
M∙A∙C
e.l.f. Cosmetics, Inc.
Unilever (Dermalogica, Inc.)
Aveda Corporation
Pierre Fabre Laboratories (Avène Hydrotherapy Center)
*Disclaimer: Major Players sorted in no particular order
Oil Control Lotion Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Bargaining Power of Suppliers
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Threat of New Entrants
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 End-User
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5.1.1 Women
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5.1.2 Men
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5.2 Distribution Channel
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5.2.1 Hypermarkets/Supermarkets
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5.2.2 Convenience Stores
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5.2.3 Specialty Stores
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5.2.4 Online Channels
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5.2.5 Other Channels
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5.3 Geography
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5.3.1 North America
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5.3.1.1 United States
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5.3.1.2 Canada
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5.3.1.3 Mexico
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5.3.1.4 Rest of North America
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5.3.2 Europe
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5.3.2.1 Spain
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5.3.2.2 United Kingdom
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5.3.2.3 Germany
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5.3.2.4 France
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5.3.2.5 Italy
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5.3.2.6 Russia
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5.3.2.7 Rest of Europe
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5.3.3 Asia Pacific
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5.3.3.1 China
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5.3.3.2 Japan
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5.3.3.3 India
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5.3.3.4 Australia
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5.3.3.5 Rest of Asia-Pacific
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5.3.4 South America
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5.3.4.1 Brazil
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5.3.4.2 Argentina
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5.3.4.3 Rest of South America
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5.3.5 Middle East and Africa
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5.3.5.1 South Africa
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5.3.5.2 Saudi Arabia
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5.3.5.3 Rest of Middle East and Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Share Analysis
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6.3 Company Profiles
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6.3.1 M.A.C
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6.3.2 e.l.f. Cosmetics, Inc.
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6.3.3 Unilever (Dermalogica, Inc.)
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6.3.4 Aveda Corporation
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6.3.5 Pierre Fabre Laboratories (Avene Hydrotherapy Center)
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6.3.6 The Body Shop International Limited
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6.3.7 Clinique Laboratories, LLC.
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6.3.8 Avalon Natural Products, Inc.
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Oil Control Lotion Industry Segmentation
The global oil control lotion market has been segmented by end-user intowomen and men; and by distribution channel into hypermarket/supermarket, convenience stores, specialty stores, online channels and others. Also, the study provides an analysis of the oil control lotionmarket in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
| End-User | |
| Women | |
| Men |
| Distribution Channel | |
| Hypermarkets/Supermarkets | |
| Convenience Stores | |
| Specialty Stores | |
| Online Channels | |
| Other Channels |
| Geography | |||||||||
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Oil Control Lotion Market Research FAQs
What is the current Oil Control Lotion Market size?
The Oil Control Lotion Market is projected to register a CAGR of 4.80% during the forecast period (2024-2029)
Who are the key players in Oil Control Lotion Market?
M∙A∙C, e.l.f. Cosmetics, Inc., Unilever (Dermalogica, Inc.), Aveda Corporation and Pierre Fabre Laboratories (Avène Hydrotherapy Center) are the major companies operating in the Oil Control Lotion Market.
Which is the fastest growing region in Oil Control Lotion Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Oil Control Lotion Market?
In 2024, the Europe accounts for the largest market share in Oil Control Lotion Market.
What years does this Oil Control Lotion Market cover?
The report covers the Oil Control Lotion Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Oil Control Lotion Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Oil Control Lotion Industry Report
Statistics for the 2024 Oil Control Lotion market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Oil Control Lotion analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
