Cosmetic Oily Raw Materials Market Revenue was valued at USD 5.23 Billion in 2024 and is estimated to reach USD 8.12 Billion by 2033, growing at a CAGR of 5.1% from 2026 to 2033.
The global Cosmetic Oily Raw Materials Market was valued at USD 8.4 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 5.7% from 2022 to 2030. This growth is driven by rising consumer demand for natural and organic cosmetic formulations, along with increasing awareness of skincare and personal grooming. Key oily raw materials such as plant oils, esters, and hydrocarbons are extensively used in moisturizers, cleansers, makeup, and hair care products for their emollient and conditioning properties. The market has witnessed growing demand from the premium and clean beauty segments, pushing formulators to seek innovative oily bases with enhanced sensory benefits and skin compatibility. Additionally, the rising influence of K beauty and multifunctional cosmetics continues to fuel the usage of oily raw materials globally, especially in leave on and hybrid skin care products.
Regionally, Asia Pacific dominated the market in 2022, accounting for over 35% of the global revenue share, driven by robust demand from emerging economies like China, India, South Korea, and Japan. The region’s expanding middle class population, increasing disposable income, and rapid urbanization are encouraging the adoption of personal care products enriched with natural oils. Europe followed as the second largest market, with a strong presence of organic certified brands and growing preference for sustainable and biodegradable raw materials. North America is anticipated to register steady growth due to increasing consumer awareness around product ingredients and rising preference for vegan and cruelty free formulations. Latin America and the Middle East & Africa regions are expected to offer new opportunities due to changing lifestyles, a growing youth demographic, and expanding retail distribution channels across urban centers.
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BASF
Ashland
Clariant
Croda
DuPont
DSM
Eastman
Evonik
Firmenich
Follower's Song
Galaxy Surfactants
Givaudan
Innospecinc
International Flavors & Fragrances
Jarchem
Kao
Lonza
Lubrizol
Nippon Seiki
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Cosmetic Oily Raw Materials Market
Oils
Waxes
Butters
Emollients
Plant-Based
Animal-Based
Synthetic
Moisturizing Agents
Thickening Agents
Preservatives
Emulsifiers
Liquid
Solid
Powder
Skin Care
Hair Care
Makeup
Fragrances
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Cosmetic Oily Raw Materials Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Cosmetic Oily Raw Materials Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Cosmetic Oily Raw Materials Market, By Type
6. Global Cosmetic Oily Raw Materials Market, By Application
7. Global Cosmetic Oily Raw Materials Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Cosmetic Oily Raw Materials Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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