NEW YORK, July 17, 2019 /PRNewswire/ --
Tea Tree Oil Market by Application (Cosmetics &
Toiletries Application, Therapeutics Application, and Industrial
Application), End User (FMCG Manufacturer, Cosmetics Companies,
Pharmaceutical Companies, and Others), and Grade (Pharma/Cosmetic
Grade and Therapeutic Grade): Global Opportunity Analysis and
Industry Forecast, 2018–2025
Read the full report:
https://www.reportlinker.com/p05793170/?utm_source=PRN
Derived from the leaves of Melaleuca alternifolia, which is a small
tree native to Queensland and
New South Wales, Australia, Tea
tree oil is not diluted when packed and distributed for commercial
use. Some end users prefer to use the oil in diluted form, and
hence these days, manufacturers focus on providing dilute tea tree
oil. This diluted form is used in the cosmetic industry,
pharmaceutical industry, and the FMCG sector and fetches an
increased demand as well. This rise in requirement from various
sectors boosts the market growth. Further, the surge in demand for
natural cosmetics and toiletries is another factor that drives the
growth of the tea tree oil market in terms of value. The global tea
tree oil market was valued at $38.8
million in 2017 and is projected to reach $59.5 million by 2025, growing at a CAGR of 5.6%
from 2018 to 2025.
The global tea tree oil market is segmented based on application,
end user, grade, and region. Based on application, the global tea
tree market is further segmented into cosmetics & toiletries
applications, therapeutic applications, and industrial
applications. The cosmetic and toiletries application segment
accounted for higher value share in 2017 due to its frequent usage
as a prime ingredient in the production of cosmetic products.
North America and Europe are the dominant regions in the global
tea tree oil market. Europe is the
largest producer of various cosmetic products that require tea tree
oil. Countries, such as Italy,
France, and Germany exhibit dominant revenue share in
Europe. Currently, the consumption
of natural cosmetics is relatively minimum over other cosmetic
products owing to skin friendly attributes and less side effects.
Also, the growth in concerns pertaining to health of the skin and
rise in influence of social media attention are the factors
expected to boost the demand for natural cosmetic products.
However, natural cosmetic consumption is anticipated to exhibit
strong revenue growth during the forecast period. This eventually
fosters the revenue generation of tea tree oil, which is one of the
key ingredients of natural cosmetics.
The growth in demand for cost-effective cosmetic and skin care
products in countries such as China and India also increases the revenue growth for
overall cosmetic & toiletries market from last decade. Thus,
the Asia-Pacific region is
expected to exhibit faster growth in the near future. Asia-Pacific cosmetics & toiletries
industry holds revenue opportunity of around US$120.0 billion. Moreover, the region has
witnessed gradual rise in preference for natural and clean label
cosmetic products due to rise in awareness for health benefits.
Rise in per capita income and increased spending on cosmetic
products are anticipated to foster the growth of the Asia-Pacific tea tree oil market during the
forecast period.
Key companies profiled in the report include Main Camp, G.R. Davis,
Maria River Plantation, Cassegrain Kalara, Jenbrook, LvHuan
Technology, Coromandel Mountains, Fuyang Biotechnology, Oribi Oils,
and Nandu Biology.
KEY BENEFITS FOR STAKEHOLDERS
• The report provides an extensive analysis of the current and
emerging market trends and opportunities in the global tea tree oil
market.
• The report provides detailed qualitative and quantitative
analysis of current trends and future estimations that help
evaluate the prevailing market opportunities.
• A comprehensive analysis of the factors that drive and restrict
the growth of the market is provided.
• An extensive analysis of the market is conducted by following key
product positioning and monitoring the top competitors within the
market framework.
• The report provides extensive qualitative insights on the
potential segments or regions exhibiting favorable growth.
KEY MARKET SEGMENTS
By Application
• Cosmetic & Toiletries Application
• Therapeutic Application
• Industrial Application
By End User
• FMCG Manufacturer
• Cosmetic Companies
• Pharmaceutical Companies
• Others
By Grade
• Pharma/Cosmetic Grade
• Therapeutic Grade
By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Russia
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o Australia and New Zealand
o Rest of Asia-Pacific
• LAMEA
o Latin America
o Middle East
o Africa
Read the full report:
https://www.reportlinker.com/p05793170/?utm_source=PRN
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