Global Essential Oil and Floral Water Market Research Report 2023(Status and Outlook)

Global Essential Oil and Floral Water Market Research Report 2023(Status and Outlook)

Report Overview

An essential oil is a concentrated hydrophobic liquid containing volatile (easily evaporated at normal temperatures) chemical compounds from plants. Essential oils are also known as volatile oils, ethereal oils, aetherolea, or simply as the oil of the plant from which they were extracted, such as oil of clove. Floral water is obtained by the same process as the essential oil, namely by steam distillation of water.

The top four global producers of essential oils and flowers by 2019 are Young Life, DōTERRA, L 'Occitan and Clarin, with a combined global market share of around 15%. Essential oil and floral water includes essential oil and floral water. among them, essential oil occupies the main market share, and it occupied 85% approximately of the entire value market in 2019. The sales of essential oil and floral water are mainly carried out through offline channels, of which specialist retailers and factory outlets account for about 40% and 20% of the market respectively in 2019. However, internet sales will grow rapidly in the future. With the mature development of e-commerce networks, online sales will greatly improve efficiency and reduce costs. Especially after the outbreak of Covid-19 in 2020, more and more international brands are turning their channels online.

The Global Essential Oil and Floral Water Market Size was estimated at USD 10830 million in 2022 and is projected to reach USD 14251.54 million by 2029, exhibiting a CAGR of 4.00% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Essential Oil and Floral Water market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Essential Oil and Floral Water Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Essential Oil and Floral Water market in any manner.

Global Essential Oil and Floral Water Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Young Living

DōTERRA

L'Occitane

Clarins

AFU

CAMENAE

Jurlique

Yunnan Emerald Essence

The Body Shop

Jahwa

Plant Therapy

Market Segmentation (by Type)

Essential Oil

Floral Water

Market Segmentation (by Application)

Agricultural

Gardening

Cosmetics

Food and Beverages

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Essential Oil and Floral Water Market

Overview of the regional outlook of the Essential Oil and Floral Water Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors