How has the petroleum jelly market evolved, and where is it heading next?
The petroleum jelly market size has grown strongly in recent years. It will grow from $1.37 billion in 2024 to $1.45 billion in 2025 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to industrial applications, medical and pharmaceutical uses, cosmetics industry growth, consumer awareness and preferences, regulatory environment.
The petroleum jelly market size is expected to see strong growth in the next few years. It will grow to $1.77 billion in 2029 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to regulatory environment, sustainable and eco-friendly products, health and wellness trends, shift towards natural and organic products, global pandemic impact. Major trends in the forecast period include technological advancements, digital marketing and e-commerce, innovation and product development, growing demand for skincare products, innovative product formulations.
Get Your Free Sample of The Global Petroleum Jelly Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13213&type=smp
What have been the primary factors driving the petroleum jelly market’s growth?
The rising demand for cosmetic procedures is expected to propel the growth of the petroleum jelly market going forward. Cosmetic procedures are medical or non-medical interventions performed to enhance or alter a person’s appearance to achieve a desired aesthetic outcome. Petroleum jelly is a flexible substance frequently used in cosmetic procedures to cover the surgical site with a thin coating of petroleum jelly before cosmetic surgery and to treat scars after cosmetic surgery on wounds or surgical incisions. For instance, in March 2023, according to a report published by the British Association of Aesthetic Plastic Surgeons, a UK-based surgical association, in 2022, around 31,057 cosmetic procedures were performed in the UK, an increase of 102% from 2021. Therefore, the rising demand for cosmetic procedures is driving the growth of the petroleum jelly market.
What are the key segments within the petroleum jelly market?
The petroleum jelly market covered in this report is segmented –
1) By Product Type: White Petroleum Jelly, Yellow Petroleum Jelly, Other Products
2) By Grade: Pharmaceutical Grade, Cosmetic Grade, Industrial Grade
3) By End User Industry: Pharmaceutical, Cosmetics And Personal Care, Shipping, Leather, Telecommunication, Other End User Industries
Subsegments:
1) By White Petroleum Jelly: Cosmetic Grade, Pharmaceutical Grade
2) By Yellow Petroleum Jelly: Industrial Grade, General Purpose
3) By Other Products: Flavored Petroleum Jelly, Specialty Formulations
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/petroleum-jelly-global-market-report
Which key players are shaping the petroleum jelly market?
Major companies operating in the petroleum jelly market report are Exxon Mobil Corporation, Shell Inc., Petróleo Brasileiro S.A., PJSC LUKOIL, Repsol S.A., Unilever PLC, Sasol Wax Group, Teva Pharmaceuticals Inc., H&R Group, Sonneborn LLC, Nippon Seiro Co. Ltd., Bliss GVS Pharma Ltd., Polwax SA, Calumet Specialty Products Partners LP, Blistex Inc., Eastern Petroleum Pvt. Ltd., Raj Petro Specialities Pvt. Ltd., Sovereign Chemicals & Cosmetics, Kerax Limited, Vasa Cosmetics Private Limited, Persia Paraffin, Unisynth Group, ShimiTaghtiran Company, Unicorn Petroleum Industries Pvt Ltd., KK India Petroleum Specialities Pvt.Ltd., Nexton Lubricants
How will emerging trends drive the petroleum jelly market throughout the forecast period?
Major companies operating in the petroleum jelly market are focusing on developing innovative products, such as petroleum jelly with vitamin E, to provide reliable services to customers. Petroleum jelly with vitamin E is a type of petroleum jelly enriched with vitamin E that helps protect the skin from damage caused by free radicals. For instance, in September 2023, Vaseline, a body care products brand of Unilever Plc, a UK-based consumer goods company, launched Vaseline Radiant X, a new body care line featuring premium skincare ingredients typically used for facial care, designed to meet the specific needs of Black and Brown skin, addressing concerns like moisture imbalance, dark spots, and uneven skin tone.
How do regional factors impact the petroleum jelly market, and which region is the largest contributor?
North America was the largest region in the petroleum jelly market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the petroleum jelly market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Does The Petroleum Jelly Market Report 2025 Offer?
The petroleum jelly market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Petroleum jelly is a semi-solid mixture of hydrocarbons derived from petroleum, a naturally occurring substance found in the Earth’s crust. It has a smooth and slippery texture, which makes it effective at forming a protective barrier. Petrolatum jelly is used in personal care products as a moisturizing agent, medicinal ointments, and lubrication.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13213
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
