Press release
Camphor Industry to Record an Exponential by 2024 - 2031 | MN Propolis, Comvita Limited, API Health
Camphor Industry
Camphor (C10H16O) is a transparent solid obtained from the wood of camphor laurel tree. Camphor is flammable and has a strong aroma. It can be either obtained naturally from the tree or can be produced synthetically from oil of turpentine.
Market Dynamics:
The growing demand from end use industries like pharmaceuticals and personal care is driving the growth of the camphor market. Camphor is extensively used in manufacturing medications to treat cough, congestion and arthritis. It is also a key ingredient in salves, ointments and pain relief products. Additionally, substantial demand from the mosquito repellent segment is boosting the market. Rising health awareness and changing lifestyles are prompting consumers to opt for effective and herbal mosquito repellents containing camphor. The wide application scope along with perceived health benefits is estimated to push the demand over the forecast period.
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Major driver: Increasing use of camphor in medicines and aromatherapy
Camphor has been used for centuries in traditional Asian medicines to relieve headaches, muscle and joint pain, insect bites, colds, and congestion. It remains a popular home remedy today due to its analgesic, antiseptic and anti-inflammatory properties. Camphor is also extensively used in aromatherapy for its soothing and invigorating scent. The growing popularity of alternative and natural therapies worldwide has significantly boosted the demand for camphor.
Major opportunity: growing demand in cosmetics and personal care sector
In recent years, camphor has emerged as a popular ingredient in various cosmetic products due to its moisturizing, cooling and refreshing properties. It is widely used in rubefacient balms, antibacterial salves, sunscreens, scrubs, anti-ageing creams and insect repellents. The multi-benefit profile of camphor is attracting major personal care brands. Besides, the rising demand for herbal and plant-derived cosmetics presents a lucrative opportunity. Furthermore, innovations such as camphor-infused fragrances, spray mists, bath products and lip balms are expanding application scope. This offers significant growth opportunities for camphor market players.
Major trend: Increasing preference for natural and sustainable products
Consumers today are more aware of the health and environmental impact of the products they use. There is a strong demand for natural ingredients that are sustainably sourced. Camphor fits well within this trend with its natural origin and bio-based production methods. Many producers are actively promoting camphor's benefits and eco-friendly credentials to appeal to ethical buyers. They are streamlining supply chains, ensuring fair trade practices and traceability. The rising popularity of organic and green labels also favors camphor adoption. By addressing sustainability issues, manufacturers can capitalize on this predominant trend and boost camphor sales.
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Top Companies Featured in This Report:
★ Taiwan Tekho Camphor Co.
★ Ltd
★ HIYA INTERNATIONAL.
Market Segmentation:
By Product Type:
★ Capsule
★ Powder
★ Oil
By Applications:
★ Pharmaceutical
★ Agriculture
★ Food
★ Chemicals
★ Others
Key Regions/Countries Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Key Insights from the Global Camphor Market Analysis:
Market Size Evaluation: Assessing the value and sales volume of the Camphor market spanning from 2024 to 2031.
Market Trends and Dynamics: Analyzing the drivers, opportunities, challenges, and risks influencing the Camphor market.
Macro-economic and Regional Impacts: Exploring how global inflation and geopolitical events affect the Camphor market.
Segment Analysis: Examining the market value and sales volume of Camphor by type and application from 2024 to 2031.
Regional Market Overview: Assessing the current situations and future prospects of the Camphor market in different regions.
Country-level Studies: Providing insights into revenue and sales volume for major countries within each region.
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.
In summary, whether you're engaged in manufacturing, distribution, or investment within the Camphor sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.
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Author Bio:
Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.
(LinkedIn: https://www.linkedin.com/in/alice-mutum-3b247b137 )
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