About Palmarosa Oil
Palmarosa is an essential oil, which has high in contain of geraniol. It has been used in medicinal solutions and for aromatherapy. This oil is valued for its aroma and for a number of traditional medicinal and household uses. Palmarosa oil effective for skin care due to its moisturizing property, helpful in anxiety and treating digestive problems. Moreover this oil has therapeutic and antifungal properties and is also a mosquito repellent. All these factors resulted in increasing demand of palmarosa oil in the market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that Malaysia Vendors will contribute the maximum growth to Global Palmarosa Oil market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sinar Mas Group (Indonesia), PGEO Group (Malaysia), Mewah Group (Malaysia), Asian Agri (Indonesia), IOI Corporation Berhad (Malaysia), Kuala Lumpur Kepong Berhad (Malaysia), Musim Mas Group (Singapore), Sime Darby Plantation (Malaysia), PT Astra Agro Lestari Tbk (Indonesia) and PT Bakrie Group (Indonesia) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Triputra Agro Persada (Indonesia), Wilmar International (Singapore), Bumitama Agri (Indonesia), Equatorial Palm Oil (United Kingdom) and Felda Global Ventures Holdings (Malaysia).
Segmentation Overview
AMA Research has segmented the market of Global Palmarosa Oil market by Type (Soft Palmarosa Oil and Hard Palmarosa Oil), Application (Food and Cooking, Bioenergy and Others) and Region.
On the basis of geography, the market of Palmarosa Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Palmarosa Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advancement in the Extraction Procedure of Palmarosa Oil to Maintain its High Nutrition Quality
Market Growth Drivers:
Increasing Demand of Palmarosa Oil in Cosmetic Industry and Palmarosa Oil is Blessing for Ayurveda Treatments due Stress buster Properties in its Aroma
Challenges:
Gracinol Level from Palmarosa Oil is Not Same Always
Restraints:
Lack of Awareness about Benefits of Palmarosa Oil in People
Opportunities:
Growth of promotional activities in developing nation related to Palmarosa Oil and Rising cosmetic sector in emerging sector
Key Target Audience
Palmarosa oil Manufacturers, Palmarosa oil Distributors, Government Bodies and Departments, Business Consulting Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.