Europe Cosmetic Oil Market Size, Share, and COVID-19 Impact Analysis, By Product (Almond Oil, Olive Oil, Coconut Oil, Essential Oil, and Others), By Nature (Organic and Conventional), By Application (Hair Care, Skin Care, Lip Care, and Others), and Europe Cosmetic Oil Market Insights, Industry Trends, Forecast to 2035

Europe Cosmetic Oil Market Size Insights Forecasts to 2035

• The Europe Cosmetic Oil Market Size Was Estimated at USD 17.63 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of Around 5.6% from 2025 to 2035
• The Europe Cosmetic Oil Market Size is Expected to Reach USD 32.12 Billion by 2035

According to a Research Report Published by Spherical Insights & Consulting, The Europe Cosmetic Oil Market Size is anticipated to Reach USD 32.12 Billion by 2035, Growing at a CAGR of 5.6% from 2025 to 2035. The market is driven by the prevailing demand for natural components. Chemical-free face creams have found bio-oils as one of the natural alternatives with good potential, such as treating hyperpigmentation, scars, and stretch marks, and also moisturising dry skin.

Market Overview

The market for cosmetic oil has seen a large increase in its market size due to companies' doing R&D investments. Cosmetic oils are the concentrated hydrophobic liquids that come from plants, animals or synthetics, and they are mainly used in personal care products for their emollient, moisturising and therapeutic properties. The increasing consumer acceptance of the functional benefits provided by botanical extracts, like skin barrier repair and anti-ageing effect, acts as a strong driving force for the use of these oils in high-end beauty lines. Cosmetic oils are applied for different skin types with different purposes, such as to prevent skin irritation and inflammation, and to provide nourishment.

The adoption of bio-fermented and lab-grown precision oils is redefining ingredient sourcing by utilising biotechnology to produce lipids with the same molecular structures as those of natural ones, but without the fluctuations caused by harvest cycles. Not only legislators but also customers are likely to impose stricter ethical sourcing requirements on European firms. More and more, consumers are requiring that companies demonstrate a genuine commitment to ethical sourcing and biodiversity.

Report Coverage

This research report categorizes the market for the Europe cosmetic oil market based on various segments and regions, and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Europe cosmetic oil market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Europe cosmetic oil market.

Driving Factors

The cosmetic oil market in Europe is driven by different ways of communication, like TV, social media, influencer partnerships, and many others are used by businesses to get their products seen, and they are investing a lot of money. One of the main factors of the market growth is the fast-paced life, the increased need for personal care products, and the rise of cosmetic solutions for both genders. More and more usage of R&D activities to innovate organic cosmetic oils is also one of the factors contributing to the growth of the market.

Restraining Factors

The cosmetic oil market in Europe is restrained by mineral oils can block the pores, leading to a higher chance of getting acne and blackheads. Even the cleanest Mineral Oil will lock the bacteria on the skin, or if one uses a product with additional substances that might clog the pores, then the skin is at risk of forming acne.

Market Segmentation

The Europe cosmetic oil market share is categorised into product, nature and application.

• The essential oil segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The Europe cosmetic oil market is segmented by product into almond oil, olive oil, coconut oil, essential oil, and others. Among these, the essential oil segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growth of the segment is driven by the oils included, such as lavender, rose, lemon, sandalwood, and peppermint. The plants are the sources of the oils, and their scent is 100% natural. The use of essential oils in cosmetics is mainly due to their anti-inflammatory and antibacterial effects. In addition, the oils are often applied for aromatherapy, a curative method that is helpful in getting rid of stress.

• The conventional segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.  

Based on nature, the Europe cosmetic oil market is segmented into organic and conventional. Among these, the conventional segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The segmental growth is driven by the cosmetics sector has always depended on conventional oils like mineral and coconut due to their low cost, availability, and familiarity with production techniques. Organic alternatives to these traditional oils are still expensive, but the wider scope of applications in cosmetics is their major advantage.

• The hair care segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The Europe cosmetic oil market is segmented by application into hair care, skin care, lip care, and others. Among these, the hair care segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growth of the segment is driven by the hair product has a shiny and smooth finish. Cosmetic oil is applied in different types of hair care products, such as hair oil, shampoo, conditioner, serum, and hey products. They also keep the scalp moist, thus promoting hair follicle growth. Women's and men's hair care and style are increasingly important, and that has positively affected the demand for various hair care products.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Europe cosmetic oil market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies                                                                                                                         

• L'Oreal
• Unilever
• Beiersdorf AG
• Avon Products Inc
• LVMH Moet Hennessy Louis Vuitton SE
• Henkel AG & Co. KGaA
• Chanel Ltd.
• BASF SE
• Clariant AG
• Givaudan SA
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

In April 2025, Clariant announced the launch of its comprehensive personal care portfolio under a new name, Clariant Beauty, marking a significant milestone in sustainable and high-performance cosmetic solutions.

In January 2025, Brenntag Specialities entered a partnership with Cambrium to bring NovaColl, a novel vegan collagen, to the UK's beauty and personal care industry and additional key European regions, including Ireland, Iberia, France and Italy.

Market Segment

This study forecasts revenue at the Europe, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Europe cosmetic oil market based on the below-mentioned segments:

Europe Cosmetic Oil Market, By Product

• Almond Oil
• Olive Oil
• Coconut Oil
• Essential Oil
• Others

Europe Cosmetic Oil Market, By Nature

• Organic
• Conventional

Europe Cosmetic Oil Market, By Application

• Hair Care
• Skin Care
• Lip Care
• Others