Market Overview:
The global carrier oil market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for carrier oils from various end-use industries, such as chemical, paper, energy and others. In terms of type, beginner oils are projected to witness higher growth rates during the forecast period as compared to other types of carrier oils. This can be attributed to their growing popularity among consumers owing to their numerous benefits over other types of carrier oils. Nut & seed oils are also anticipated to witness high growth rates during the forecast period on account of their numerous health benefits over other types of carrier oils.
Product Definition:
A carrier oil is a vegetable oil that is used to dilute essential oils before they are applied to the skin. Carrier oils help to spread the essential oils evenly over the skin, and they also help to improve the absorption of the essential oils into the skin. Carrier oils are also beneficial for massage, because they help to lubricate and moisturize the skin. Some of the most popular carrier oils include jojoba oil, sweet almond oil, grapeseed oil, and avocado oil.
Beginner Oils: Olive and Coconut:
Olive and coconut oil are two of the most commonly used oils in the world. Both these oils have numerous health benefits associated with them. Olive oil is a rich source of polyphenols, which has antioxidant properties that help in reducing risks for cardiovascular diseases, cancer, and cognitive decline. On the other hand, coconut oil is a well-known natural anti-inflammatory that helps in treating skin disorders like acne as well as eczema.
Nut & Seed Oils: Almond and Jojoba:
Nut & seed oils are the most popular carrier oils used for aromatherapy. These products have a high content of unsaturated fatty acids, which makes them highly suitable for skin and hair care as well as massage and other personal care applications.
These products also help in reducing stress, anxiety, depression along with other mental health issues due to their sedative effect on the nervous system.
Application Insights:
Paper application segment is expected to be the fastest-growing market for carrier oils, with an estimated CAGR of XX% over the forecast period. Carrier oils are widely used in manufacturing paper as they help maintain paper quality by preventing yellowing and aging. Furthermore, they have anti-static properties which enhance the smoothness of papers made from wood pulp.
Carrier oils are also gaining popularity in cosmetic applications owing to their high moisturizing and skin conditioning properties that help prevent dryness and irritation caused by harsh chemicals used during manufacturing processes or ingredients themselves (such as retinoids). These factors are likely to increase product demand in skincare products over the coming years. Moreover, these essential fatty acids assist skin cells in retaining moisture content thereby improving facial tissues along with reducing wrinkles due to its anti-inflammatory & antioxidant characteristics respectively making it a popular choice among consumers worldwide looking for natural ingredient based cosmetics & personal care products (read more here).
Regional Analysis:
North America is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to high demand for carrier oils in cosmetic applications and pharmaceutical industry. The U.S., being the largest cosmetics manufacturing hub, has a large number of small-scale manufacturers who focus on producing natural products using organic ingredients, which results in high product availability in the region.
Asia Pacific is projected as one of the prominent markets due to presence of emerging countries such as China and India that are rapidly adopting western culture and lifestyle along with rising disposable income levels that enable consumers use various luxury skincare products including moisturizers, toners, makeup removers etc.; thus resulting in an increase in consumer spending on personal care products over time.
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the benefits of carrier oils
- Growing popularity of aromatherapy and massage therapy
- Rapid expansion of the beauty industry worldwide
- Proliferation of online retail platforms
Scope Of The Report
Report Attributes
Report Details
Report Title
Carrier Oil Market Research Report
By Type
Beginner Oils: Olive and Coconut, Nut & Seed Oils: Almond and Jojoba, Fruit Oils: Apricot, Avocado, and Grapeseed, Essential Fatty Acid Oils: Borage and Evening Primrose
By Application
Chemical, Paper, Energy, Others
By Companies
Plant Therapy Essential Oils, Sallamander Concepts (Pty) Ltd, Australian Botanical Products, AOS PRODUCTS, New Directions Aromatics Inc., Amphora Aromatics Ltd, SOiL, Absolute Xtracts, Medical Marijuana, Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Carrier Oil Market Report Segments:
The global Carrier Oil market is segmented on the basis of:
Types
Beginner Oils: Olive and Coconut, Nut & Seed Oils: Almond and Jojoba, Fruit Oils: Apricot, Avocado, and Grapeseed, Essential Fatty Acid Oils: Borage and Evening Primrose
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical, Paper, Energy, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Plant Therapy Essential Oils
- Sallamander Concepts (Pty) Ltd
- Australian Botanical Products
- AOS PRODUCTS
- New Directions Aromatics Inc.
- Amphora Aromatics Ltd
- SOiL
- Absolute Xtracts
- Medical Marijuana, Inc.
Highlights of The Carrier Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Beginner Oils: Olive and Coconut
- Nut & Seed Oils: Almond and Jojoba
- Fruit Oils: Apricot, Avocado, and Grapeseed
- Essential Fatty Acid Oils: Borage and Evening Primrose
- By Application:
- Chemical
- Paper
- Energy
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Carrier Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Carrier oil is a type of vegetable oil that is used to dilute essential oils. It can be used in massage, aromatherapy, and other personal care products.
Some of the key players operating in the carrier oil market are Plant Therapy Essential Oils, Sallamander Concepts (Pty) Ltd, Australian Botanical Products, AOS PRODUCTS, New Directions Aromatics Inc., Amphora Aromatics Ltd, SOiL, Absolute Xtracts, Medical Marijuana, Inc..
The carrier oil market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Carrier Oil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Carrier Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Carrier Oil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Carrier Oil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Carrier Oil Market Size & Forecast, 2018-2028
4.5.1 Carrier Oil Market Size and Y-o-Y Growth
4.5.2 Carrier Oil Market Absolute $ Opportunity
Chapter 5 Global Carrier Oil Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Carrier Oil Market Size Forecast by Type
5.2.1 Beginner Oils: Olive and Coconut
5.2.2 Nut & Seed Oils: Almond and Jojoba
5.2.3 Fruit Oils: Apricot
5.2.4 Avocado
5.2.5 and Grapeseed
5.2.6 Essential Fatty Acid Oils: Borage and Evening Primrose
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Carrier Oil Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Carrier Oil Market Size Forecast by Applications
6.2.1 Chemical
6.2.2 Paper
6.2.3 Energy
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Carrier Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Carrier Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Carrier Oil Analysis and Forecast
9.1 Introduction
9.2 North America Carrier Oil Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Carrier Oil Market Size Forecast by Type
9.6.1 Beginner Oils: Olive and Coconut
9.6.2 Nut & Seed Oils: Almond and Jojoba
9.6.3 Fruit Oils: Apricot
9.6.4 Avocado
9.6.5 and Grapeseed
9.6.6 Essential Fatty Acid Oils: Borage and Evening Primrose
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Carrier Oil Market Size Forecast by Applications
9.10.1 Chemical
9.10.2 Paper
9.10.3 Energy
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Carrier Oil Analysis and Forecast
10.1 Introduction
10.2 Europe Carrier Oil Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Carrier Oil Market Size Forecast by Type
10.6.1 Beginner Oils: Olive and Coconut
10.6.2 Nut & Seed Oils: Almond and Jojoba
10.6.3 Fruit Oils: Apricot
10.6.4 Avocado
10.6.5 and Grapeseed
10.6.6 Essential Fatty Acid Oils: Borage and Evening Primrose
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Carrier Oil Market Size Forecast by Applications
10.10.1 Chemical
10.10.2 Paper
10.10.3 Energy
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Carrier Oil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Carrier Oil Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Carrier Oil Market Size Forecast by Type
11.6.1 Beginner Oils: Olive and Coconut
11.6.2 Nut & Seed Oils: Almond and Jojoba
11.6.3 Fruit Oils: Apricot
11.6.4 Avocado
11.6.5 and Grapeseed
11.6.6 Essential Fatty Acid Oils: Borage and Evening Primrose
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Carrier Oil Market Size Forecast by Applications
11.10.1 Chemical
11.10.2 Paper
11.10.3 Energy
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Carrier Oil Analysis and Forecast
12.1 Introduction
12.2 Latin America Carrier Oil Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Carrier Oil Market Size Forecast by Type
12.6.1 Beginner Oils: Olive and Coconut
12.6.2 Nut & Seed Oils: Almond and Jojoba
12.6.3 Fruit Oils: Apricot
12.6.4 Avocado
12.6.5 and Grapeseed
12.6.6 Essential Fatty Acid Oils: Borage and Evening Primrose
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Carrier Oil Market Size Forecast by Applications
12.10.1 Chemical
12.10.2 Paper
12.10.3 Energy
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Carrier Oil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Carrier Oil Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Carrier Oil Market Size Forecast by Type
13.6.1 Beginner Oils: Olive and Coconut
13.6.2 Nut & Seed Oils: Almond and Jojoba
13.6.3 Fruit Oils: Apricot
13.6.4 Avocado
13.6.5 and Grapeseed
13.6.6 Essential Fatty Acid Oils: Borage and Evening Primrose
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Carrier Oil Market Size Forecast by Applications
13.10.1 Chemical
13.10.2 Paper
13.10.3 Energy
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Carrier Oil Market: Competitive Dashboard
14.2 Global Carrier Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Plant Therapy Essential Oils
14.3.2 Sallamander Concepts (Pty) Ltd
14.3.3 Australian Botanical Products
14.3.4 AOS PRODUCTS
14.3.5 New Directions Aromatics Inc.
14.3.6 Amphora Aromatics Ltd
14.3.7 SOiL
14.3.8 Absolute Xtracts
14.3.9 Medical Marijuana, Inc.
