According to IMARC Group’s latest report, titled “Rose Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global market exhibited moderate growth during 2015-2020. Rose oil is a type of essential oil that is extracted from the rose petals using steam distillation, extraction of critical carbonic acid gas, and solvent extraction processes. It is extensively used in medical and skincare treatments and aromatherapy for stimulating blood circulation and reducing stress. The oil contains various essential chemical components, such as citronellol, geraniol, linalool, eugenol, and geranyl acetate. It also possesses excellent antioxidant properties, which helps in relieving inflammation and pain, and improving overall skin health.
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The rapidly expanding cosmetic industry and the shifting consumer preference toward essential oils as an alternative treatment option and preventive measure for various dermatological and chronic disorders are key factors primarily driving the rose oil market growth. Additionally, rose oil has excellent anti-aging, acne-preventing, anti-inflammatory, rejuvenating, and skin healing properties, which, in turn, is facilitating its large-scale incorporation in a range of pharmaceutical, skin and personal care products, including fragrances, moisturizers, toners, and face masks. Apart from this, the introduction of organic and herbal product variants by key players and the increasing expenditure power of the consumers, particularly in emerging economies, are further creating a positive outlook for the market. Looking forward, IMARC Group expects the global rose oil market to grow at a CAGR of around 6% during the forecast period (2021-2026).
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- Alteya Organics LLC
- Berje Inc.
- Ernesto Ventós S.A.
- Firmenich SA
- Givaudan SA
- International Flavors & Fragrances Inc.
- MANE SA
- Robertet SA
- Sigma-Aldrich Inc. (Merck KGaA)
Rose Oil Market Segmentation:
Breakup by Source:
- Rosa Damascena
- Rosa Centifolia
- Others
Breakup by Product:
- Organic
- Conventional
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Stores
- Others
Breakup by Application:
- Fragrance and Cosmetics
- Pharmaceuticals
- Food and Beverages
- Others
Breakup by Region:
- North America (United States, Canada)
- Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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