PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1373327
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1373327
Global ethyl linalool market size will expand at over 4.5% CAGR from 2023 to 2032, due to the rapid growth of the cosmetic and fragrance industries and the subsequently rising need for fragrance ingredients. On account of its pleasant floral and herbal aroma, ethyl linalool has evolved popular in aromatherapy. It is also widely adopted in the production of essential oils, perfumes, and personal care products. For instance, in September 2023, Symrise introduced Crinipan® PO, its latest anti-dandruff solution to build consumer trust while extending its portfolio for hair care.
Additionally, the use of ethyl linalool in the pharmaceutical sector as an intermediate for synthesizing various medicines due to its non-toxic nature will add to its high demand. The growing consumer preference for safe ingredients will also drive the industry growth.
The ethyl linalool industry is segregated based on type, application, distribution channel, and region.
The industry share from the synthetic type segment will reach significant value by 2032. The growth is attributed to the cost-effectiveness, consistent quality, and easy availability offered by synthetic ethyl linalool. Rising application scope in perfumery, cosmetics, and household products will also contribute to the product demand.
Based on application, the ethyl linalool market from the aromatherapy and wellness segment will substantially expand between 2023 and 2032. The soothing aroma offered by ethyl linalool makes it a sought-after choice for essential oils, aromatherapy products, and wellness treatments. The increasing demand for relaxation and stress reduction solutions will influence the segment growth.
In terms of distribution channel, the market size from the direct sales distribution channel will exhibit noteworthy CAGR through 2032. This is owing to the enhanced customer relationships, better product visibility, and personalized service offered by direct sales channel.
Regionally, the Asia Pacific ethyl linalool industry is slated to grow at robust CAGR during the forecast period. The growing middle-class population with higher disposable incomes in the region has made way for the thriving cosmetics and fragrance sector. The increasing focus on personal care and grooming products will also bolster the regional market outlook.