Market Overview:
The global carnation oil market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The carnation oil market is segmented on the basis of type, application and region. On the basis of type, the carnation oil market is segmented into compound essential oil and unilateral essential oil. The compound essential oils are further sub-segmented into French lavender, clary sage and rosemary oils. The unilateral essential oils are further sub-segmented into Bulgarian lavender, spike lavender and sweet marjoram oils. On the basis of application, medical accounted for majority share in 2017 and is projected to grow at a CAGR of 6% during the forecast period owing to its various therapeutic properties such as anti-inflammatory, analgesic etc., which helps in curing various diseases such as cancer pain reliefs etc. Spa & relaxation accounted for second largest share in 2017 due to growing trend among people for adopting healthy lifestyle coupled with increasing disposable income across regions globally has led people towards spending on wellness services including spa treatments which offer relaxation benefits along with physical benefits such as improved blood circulation etc. On the basis of region North America held dominant position in terms revenue contribution followed by Europe in 2017; however Asia Pacific is projected to grow at highest CAGR over next 10 years attributed mainly due rising awareness about health & wellness along with increasing per capita income across countries including China & India .
Product Definition:
Carnation oil is a type of essential oil that is derived from the flower of the carnation plant. It has a sweet, floral scent and is often used in perfumes and other fragrances. Carnation oil can also be used to promote relaxation and stress relief, and to help relieve tension headaches.
Compound Essential Oil:
Compound essential oil is a volatile mixture of fragrances which are extracted from the leaves, petals, stems and roots of plants by steam distillation or expression. Compound essential oils contain individual components that give aroma its characteristic scent. These oils are used in various applications like food & beverages, cosmetics and medicinal purposes owing to their health benefits as well as flavor characteristics.
The global compound essential oil market size was valued at USD 2 billion in 2015.
Unilateral Essential Oil:
Unilateral essential oil is a single essential oil that is extracted from the plant leaves and petals. The concentration of the oil in these products varies from 1% to 20%. It has various applications such as in cosmetics, pharmaceuticals, food & beverages and also used for aromatherapy.
The main components of unilateral essential oils are usually terpenes (terpenoids or sesquiterpenoids).
Application Insights:
Spa and relaxation held the largest revenue share of over 40.0% in 2017. The product is gaining popularity as a spa essential owing to its therapeutic properties, such as stress reduction and relaxation. It also has excellent skin-soothing capabilities that help reduce redness and irritation caused by sunburn or wind burn. These factors are likely to promote the product demand in spa industry over the coming years.
Regional Analysis:
North America was the largest market in 2017 and will expand further at a steady CAGR from 2018 to 2030. The growth is majorly driven by U.S., as it is one of the top exporters of carnation oil across the globe. Moreover, presence of key companies such as JBF Corporation; Dole Food Company Inc.; and Chiquita Brands International, Inc.; has fueled market growth in this region over last few years.
Asia Pacific is expected to be the fastest-growing regional market with a CAGR exceeding 6% from 2018 to 2030 owing to increasing product consumption in various applications such as medical, spa and relaxation, others regions are mainly driven by developing economies like China & India which have high potential for expansion due to growing population along with rising disposable income levels resulting into increased demand for beauty products including essential oils that contain healing properties thus driving global carnation oil industry over past few years.
Growth Factors:
- Increasing demand from end-use industries such as paints & coatings, adhesives, and sealants
- Rising demand for bio-based products as a result of stringent environmental regulations
- Growing popularity of Carnation oil in cosmetics and personal care products industry
- Technological advancements in extraction and purification processes
- Rising investment by major players in research and development to develop new applications for Carnation oil
Scope Of The Report
Report Attributes
Report Details
Report Title
Carnation Oil Market Research Report
By Type
Compound Essential Oil, Unilateral Essential Oil
By Application
Medical, Spa and Relaxation, Others
By Companies
Albert Vieille, Berje, Elixens, Ernesto Ventos, Fleurchem, H.Interdonati, Ungerer and Company, Penta Manufacturing Company, Robertet Group, Ultra International, Treatt Plc, PerfumersWorld
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Carnation Oil Market Report Segments:
The global Carnation Oil market is segmented on the basis of:
Types
Compound Essential Oil, Unilateral Essential Oil
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical, Spa and Relaxation, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Albert Vieille
- Berje
- Elixens
- Ernesto Ventos
- Fleurchem
- H.Interdonati
- Ungerer and Company
- Penta Manufacturing Company
- Robertet Group
- Ultra International
- Treatt Plc
- PerfumersWorld
Highlights of The Carnation Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Compound Essential Oil
- Unilateral Essential Oil
- By Application:
- Medical
- Spa and Relaxation
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Carnation Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Carnation oil is a light, delicate oil that is extracted from the petals of the carnation flower. It has a sweet, floral scent and is used in perfumes and cosmetics.
Some of the key players operating in the carnation oil market are Albert Vieille, Berje, Elixens, Ernesto Ventos, Fleurchem, H.Interdonati, Ungerer and Company, Penta Manufacturing Company, Robertet Group, Ultra International, Treatt Plc, PerfumersWorld.
The carnation oil market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Carnation Oil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Carnation Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Carnation Oil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Carnation Oil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Carnation Oil Market Size & Forecast, 2020-2028
4.5.1 Carnation Oil Market Size and Y-o-Y Growth
4.5.2 Carnation Oil Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Compound Essential Oil
5.2.2 Unilateral Essential Oil
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Spa and Relaxation
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Carnation Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Carnation Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Compound Essential Oil
9.6.2 Unilateral Essential Oil
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Spa and Relaxation
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Compound Essential Oil
10.6.2 Unilateral Essential Oil
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Spa and Relaxation
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Compound Essential Oil
11.6.2 Unilateral Essential Oil
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Spa and Relaxation
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Compound Essential Oil
12.6.2 Unilateral Essential Oil
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Spa and Relaxation
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Compound Essential Oil
13.6.2 Unilateral Essential Oil
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Spa and Relaxation
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Carnation Oil Market: Competitive Dashboard
14.2 Global Carnation Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Albert Vieille
14.3.2 Berje
14.3.3 Elixens
14.3.4 Ernesto Ventos
14.3.5 Fleurchem
14.3.6 H.Interdonati
14.3.7 Ungerer and Company
14.3.8 Penta Manufacturing Company
14.3.9 Robertet Group
14.3.10 Ultra International
14.3.11 Treatt Plc
14.3.12 PerfumersWorld
