Press release
Vaseline Market Sees Steady Growth Driven by Rising Demand for Skin Protection and Personal Care
Vaseline Market SizeThe global Vaseline market is projected to grow from US$ 586 million in 2024 to US$ 754.4 million by 2030, at a Compound Annual Growth Rate (CAGR) of 4.3% during the forecast period.
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As a result of vaseline's physical and chemical properties, the market for vaseline is growing at an exponential rate. Pharmaceutical and cosmetic products also drive the growth of the vaseline market. North America is likely to hold a significant share of the market due to massive growth in the pharmaceutical andcosmetic manufacturing industries. These industries, in turn, have boosted the demand for this product.Asia Pacific and Europe markets have seen an increased demand for vaseline across industries and cosmeticapplications in recent years.The market for Vaseline in the Asia Pacific is expected to be driven by China, which isthe leading manufacturer of chemical products used across the globe.Europe has made numerous advances in cosmetics products, which are driving the market for vaseline.
In terms of production side, this report researches the Vaseline production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.
In terms of consumption side, this report focuses on the sales of Vaseline by region (region level and country level), by company, by Type and by Application. from 2019 to 2024 and forecast to 2030.
By Type
• Natural
• Artificial
By Application
• Industrial
• Medicinal
• Personal Care
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