Global Lanolin Market Size study, by Derivative (Lanolin Alcohol, Cholestrin, Lanosterol, Lanogene, Isopropyl Lanolate, Laneth and Others), by Application (Personal Care & Cosmetics, Pharmaceuticals, industry, and others) and Regional Forecasts 2022-2028
Global Lanolin Market is valued at approximately USD 264.4 million in 2021 and is anticipated to grow with a healthy growth rate of more than 6% over the forecast period 2022-2028. The formulation of ointments for the treatment, defense, and aesthetic improvement of human skin includes the active component lanolin. To retain the moisture that is already present in the skin, lanolin's hydrophobic qualities serve to protect the skin against different infections or any skin irritation. It is used in many industries such as pharmaceuticals, cosmetics and others. The market growth is driven by the key factors such as growing demand for Pharmaceuticals and increasing applications in Skin Care Products. According to the Government of India, the Indian pharmaceutical industry projected to reach USD 130 billion by 2030. On the other side, the United States is projected to reach at USD 163.9 billion by 2030. Furthermore, according to the National Bureau of Statistics of China, the country's retail sales of cosmetics were USD 4.63 billion in October 2021, up from USD 4.21 billion in the same month the year before. Due to the growing trend of using skincare and beauty products, the income is projected to increase in the upcoming years. However, increasing substitution by bio-based alternatives impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Lanolin Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is leading the market share of Lanolin globally. Factors supporting towards the market growth are rising prevalence of skin diseases due to the high temperature in APAC region. Also, APAC is projected to be the fastest growing region due to the increase in demand of Lanolin in various application.
Major market players included in this report are:
Croda International Plc
The Lubrizol Corporation
Suru Chemicals
Lansinoh Laboratories, Inc.
Merck KGaA
Lanotec
Wellman Advanced Materials
Nippon Fine Chemical
NK Chemicals
Rolex Lanolin Products Limited
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Application offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Derivatives:
Lanolin alcohol
Cholesterin
Isopropyl Lanolate
Laneth
Lanogene
Lanosterols
Others
By Application:
Personal Care & Cosmetics
Baby Care Products
Pharmaceuticals
Industrial
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Lanolin Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Croda International Plc
The Lubrizol Corporation
Suru Chemicals
Lansinoh Laboratories, Inc.
Merck KGaA
Lanotec
Wellman Advanced Materials
Nippon Fine Chemical
NK Chemicals
Rolex Lanolin Products Limited
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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