NEW YORK, Nov. 28, 2023 /PRNewswire/ -- The camphor oil market size is expected to grow by USD 14,787.82 thousand from 2022 to 2027, according to Technavio. In addition, the growth momentum of the market will progress at a CAGR of 3.13% during the forecast period. Growing demand for camphor oil in the medical industry is notably driving the camphor oil market. However, factors such as the availability of alternative essential oils may impede market growth. The market is segmented by Product (Therapeutic grade and Others), Distribution Channel (Offline and Online), and Geography (North America, Europe, APAC, South America, and Middle East and Africa). Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The sample report is available in PDF format
Key Segment Analysis
The therapeutic grade segment will be significant during the forecast period. This segment is referred to as the use of camphor oil for various therapeutic applications. Various cultures have a long history of using camphor oil for its therapeutic advantages. This segment is also developed as a result of increasing demand for essential oils and an upsurge in the popularity of natural medicines, which, in turn, will fuel the growth of global camphor oil during the forecast period. To know additional highlights and key points on various market segments and their impact in coming years, View a FREE PDF Sample Report.
Geographical Market Analysis
The camphor oil market is fragmented, and the companies are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market companies, including:
Apt Exim, Astrra Chemicals, Azelis SA, Berje Inc., Bulk Apothecary, BZMP OJSC, Clensta International Pvt Ltd., Ernesto Ventos SA, Givaudan SA, J.K.Fragrances, Mangalam Organics Ltd., Nikura Ltd., NOW Health Group Inc., Oriental Aromatics Ltd., Otto Chemie Pvt. Ltd., Penta Manufacturing Co., Robertet SA, Saptagir Camphor Pvt. Ltd., Simply Earth, SVA Naturals, Thermo Fisher Scientific Inc.
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Historic Market Sizes
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Distribution Channel
Market Segmentation by Geography
Drivers, Challenges, & Trends
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