Global Lavender Oil Industry
Market Overview
Lavender oil is an essential oil that is derived from the distillation of flower spikes of some species of lavender. The oil is highly demanded for the various medicinal properties it possesses and used to treat a number of mild health conditions. It is taken orally or applied externally on the skin depending on the desired results. It is also breathed in treatment procedures such as aromatherapy. It has many good effects on the skin and is used as a wellness and self-care product.
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Lavender oil is used for skin conditions such as acne and eczema. It has anti-bacterial properties and helps unclog the skin and reduce inflammation. It is often mixed with other ingredients to be used as a wellness product. It is also used as an insect repellent and to treat wounds and rashes. It is also used for other cosmetic purposes such as lightening the skin and wrinkles as it contains antioxidants and helps clear free radicals from the facial skin.
The global lavender oil market report gives detailed information on the market structure with the value chain and the current market trends. The key companies have been profiled based on the business data regarding the manufacturing sites, capacity, production, ex-factory price, revenue, and market share in the global market. The competitive landscape and future market prospects with the forecast for the coming years up to 2025 have been given by the report. It also gives the anticipated growth rates and driving and inhibiting factors that may influence the market.
Market Segmentation
The market survey report segments the global lavender oil market based on the major product types and the main applications of the products. The segment analysis compares the growth rates regarding the sales, production and consumption data from the past years.
The segments based on the product type include:
- Absolutes – essence containing extremely high concentration of the extract with a fragrance close to the natural smell of the lavender plant.
- Concentrates (100% Pure Lavender Oil) – purest forms of lavender extracts and essential oils.
- Blends – mixtures containing lavender oil as a major component.
Application segments include:
- Therapeutics
- Personal Care
- Cosmetics
- Aromatherapy
- Food and Beverages
- Others
Regional Overview
The regions with the highest demand growth during the forecast period as given by this report are North America, Europe and APAC. The major factor for this is cited to be the rising demand for grooming products coupled with increasing skin diseases. Europe is identified as the geographic hub of the global lavender oil market with Bulgaria as the largest producer globally. Nearly 60% of the total production of the global lavender oil market can be credited to the European markets. The report on the global lavender oil market also looks into the other regional segments giving a market analysis of the local markets. The key regions discussed in detail by the report are North America, Europe, Japan, China, India, and Southeast Asia.
Industrial News
Unilever’s recent launch of the brand Love Beauty and Planet has taken the personal care products industry to the new level of eco-friendliness. The products and cosmetics using pure natural extracts and essential oils like lavender oil, and coconut and rose extracts, comes in bottles and containers that are 100% recyclable. The products are also infused with absolutes and fragrances such as French heirloom lavender.
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