LONDON--(BUSINESS WIRE)--Feb 5, 2019--Technavio has announced the release of their research report on the global eucalyptus essential oil market for the forecast period 2019-2023. This eucalyptus essential oil market analysis report segments the market by application (personal care and therapeutics, food and beverage, and others) and geography (APAC, Europe, MEA, South America, and North America).
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Technavio has released a new market research report on the global eucalyptus essential oil market for the period 2019-2023. (Graphic: Business Wire)
Global eucalyptus essential oil market size will grow at a CAGR of more than 6%. The demand for natural products has been increasing due to increasing health concerns among consumers, which has increased the demand for eucalyptus essential oil. Eucalyptus essential oil is an effective antimicrobial, antioxidant, and anti-inflammatory agent. Eucalyptus essential oil is antiseptic and antifungal in nature and can cure acne, cold sores, wounds, cuts, and burns. Eucalyptus essential oil-based diffusers and vaporizers are also used as cleansing agents in households.
The shift in consumer focus toward organic products
Organic eucalyptus essential oil products are more expensive than the regular variant owing to relatively high procurement, manufacturing and distribution costs. The additional costs are passed on along the value chain and eventually compensated by end-users as consumers are aware of the benefits offered by organic products and are willing to pay more for these products. The demand for organic essential oils with antimicrobial, antioxidant, and anti-inflammatory properties has been increasing, mostly in the pharma and medical segment because they offer natural remedies with minimal side-effects.
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“Europe will account for the highest market share over the forecast period. There is an increase in consumer awareness regarding the health benefits provided by natural and organic products in this region. The demand for eucalyptus essential oil in personal care and therapeutic products is growing owing to high adoption in aromatherapy,” says an analyst at Technavio.
Aromatherapy is very popular in medical spas, which operate under full-time, on-site supervision of a licensed healthcare professional. These spas offer comprehensive medical or wellness care in an environment that integrates spa services along with traditional, alternative, and cosmetic medical therapies and treatments. The growing popularity of aromatherapy and other natural remedies such as massages has resulted in the increased consumption of essential oils, including eucalyptus essential oil.
for a more detailed overview of the market and the segmentation covered in this report
This eucalyptus essential oil industry research report provides an in-depth analysis of the primary drivers, upcoming trends, and challenges that will impact market growth over the forecast period. The report analyzes the competitive landscape and offers details on several eucalyptus essential oil products manufacturers including –
Aromaaz InternationaldōTERRALionel HitchenPLANT THERAPY ESSENTIAL OILSYoung Living Essential Oils
Some of the key topics covered in the report include:
Market Landscape
Market ecosystemMarket characteristicsMarket segmentation analysis
Market Sizing
Market definitionMarket size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
Regional comparisonKey leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
Vendors coveredVendor classificationMarket positioning of vendorsCompetitive scenario
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. Technavio’s report library consists of more than 10,000 reports covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies.
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INDUSTRY KEYWORD: RETAIL COSMETICS
SOURCE: Technavio Research
Copyright Business Wire 2019.
PUB: 02/05/2019 08:03 AM/DISC: 02/05/2019 08:03 AM
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