Press release
Global Melaleuca Oil Market is Expected to Mask a CAGR of 6.1% by 2023 | Top Key Players – Melaleuca Inc., Pure Body Naturals, NOW Foods, doTerra, Nature’s Bounty
Melaleuca oil is a powerful antiseptic oil extracted from the steam distillation of leaves from the narrow-leaf tea tree plant. Melaleuca oil, also known as tea tree oil is known for its numerous therapeutic benefits such as for acne treatment, haircare, and others. Melaleuca oil can be used by both aromatically and topically methods. The market for Melaleuca Oil is growing constantly over the years and was totaled at a value of USD XXX Million in 2018. The global Melaleuca Oil market is expected to thrive at a CAGR of 6.1% during the forecast period to reach a valuation of USD XXX Million by 2023.
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Growth Drivers & Restraints:
Herbal medicine is gaining strong attention across the globe. Ayurveda and herbalism have gained recognition as an alternative system of allopathic medicine, not only in developed but also in developing countries. Since a large consumer base is opting for herbal medicines, it is predicted that the demand for melaleuca oil will rise at a remarkable rate in the coming years owing to their medical benefits. Melaleuca oil is distilled from the leaves of the Melaleuca alternifolia plant, mainly found in Australia. The oil has been used for almost 100 years as a healing treatment in Australia, for several conditions.
However, ongoing research activities are continuously introducing new potential uses of tea tree oil such as antibacterial, anti-inflammatory, antifungal, antiviral, acne, athlete's foot, contact dermatitis, head lice, haircare, nail fungus, and oral care. Apart from this, wound dressing, homemade mouthwash, natural dandruff remedy, acne treatment, and household cleaner are other promising applications of melaleuca oils. Factors such as the rising prevalence of skin disease across the globe are augmenting the demand for melaleuca oil across the globe. The Asia Pacific captured lion market shares in the global melaleuca oil market. The market of melaleuca oil in the Asia Pacific region is backed by high awareness in Australia and strong Ayurveda industry in this region.
However, the presence of alternatives and lack of awareness are two restraining factors which are hindering the growth of the global melaleuca oil market.
Segmentation
The research offers a comprehensive analysis of melaleuca oil market with respect to following sub-markets:
By Application
- Cosmetics
- Personal Care
- Healthcare
- Others
By End-user
- Commercial
- Residential
By Distribution Channel
- Online Stores
- Offline Stores
By Geography
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Competitive Landscape
The report profiles various major market players such as:
- Melaleuca Inc.
- Pure Body Naturals
- NOW Foods
- doTerra
- Nature’s Bounty
- Coromandel Mountains Tea Tree Oil Company
- Young Living Limited
- Oribi Oils (Pty) Ltd.
- Naturally Australian Tea Tree Oil Pty Ltd.
- Other Prominent Players
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Table of Contents@
1. Executive Summary
2. Methodology
2.1. Research Methodology
2.2. Geographic Scope
2.3. Years Considered
3. Market Overview
3.1. Overview and Definition
3.1.1. Market Definition
3.1.2. Geographic Regions Definition
3.1.3. Melaleuca Oil Definition
3.2. Industry Development
3.3. Porter’s Five Force Analysis
3.4. Industry Value Chain Analysis
4. Growth Drivers & Barriers in Global Melaleuca Oil Market
5. Trends in Global Melaleuca Oil Market
6. Global Melaleuca Oil Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7. Global Melaleuca Oil Market Segmentation Analysis, By Application
7.1. Introduction
7.2. BPS Analysis By Application
7.3. Market Attractiveness By Application
7.4. Cosmetics Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.5. Personal Care Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.6. Healthcare Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.7. Others Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
8. Global Melaleuca Oil Market Segmentation Analysis, By End-user
8.1. Introduction
8.2. BPS Analysis By End-user
8.3. Market Attractiveness By End-user
8.4. Commercial Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
8.5. Residential Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
9. Global Melaleuca Oil Market Segmentation Analysis, By Distribution Channel
9.1. Introduction
9.2. BPS Analysis By Distribution Channel
9.3. Market Attractiveness By Distribution Channel
9.4. Online Stores Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
9.5. Offline Stores Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
Continue…
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