Global Essential Oil and Floral Water Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Essential Oil and Floral Water Industry Forecast” looks at past sales and reviews total world Essential Oil and Floral Water sales in 2022, providing a comprehensive analysis by region and market sector of projected Essential Oil and Floral Water sales for 2023 through 2029. With Essential Oil and Floral Water sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Essential Oil and Floral Water industry.
This Insight Report provides a comprehensive analysis of the global Essential Oil and Floral Water landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Essential Oil and Floral Water portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Essential Oil and Floral Water market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Essential Oil and Floral Water and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Essential Oil and Floral Water.
The global Essential Oil and Floral Water market size is projected to grow from US$ 11000 million in 2022 to US$ 14620 million in 2029; it is expected to grow at a CAGR of 14620 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Essential Oil and Floral Water market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Essential Oil
Floral Water
Segmentation by application
Specialist Retailers
Factory Outlets
Internet Sales
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Young Living
DōTERRA
L'Occitane
Clarins
AFU
CAMENAE
Jurlique
Yunnan Emerald Essence
The Body Shop
Jahwa
Plant Therapy
Key Questions Addressed in this Report
What is the 10-year outlook for the global Essential Oil and Floral Water market?
What factors are driving Essential Oil and Floral Water market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Essential Oil and Floral Water market opportunities vary by end market size?
How does Essential Oil and Floral Water break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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