Market Research Report
LAMEA Cedarwood Oil Market Size, Share & Industry Trends Analysis Report By Technique (Steam Distillation, Carbon Dioxide Distillation, and Cold Press), By Industry, By End Use, By Country and Growth Forecast, 2022 - 2028
|LAMEA Cedarwood Oil Market Size, Share & Industry Trends Analysis Report By Technique (Steam Distillation, Carbon Dioxide Distillation, and Cold Press), By Industry, By End Use, By Country and Growth Forecast, 2022 - 2028|
Published: April 29, 2022
Content info: 70 Pages
Delivery time: 1-2 business days
The Latin America, Middle East and Africa Cedarwood Oil Market would witness market growth of 10.1% CAGR during the forecast period (2022-2028).
Cedarwood Essential Oil is used in aromatherapy for its woody and sweet fragrance, which has been described as warm, calming, and relaxing, naturally encouraging stress alleviation. The invigorating aroma of cedarwood oil helps to deodorize and revitalize indoor surroundings while also repelling insects. Simultaneously, its anti-fungal characteristics aid in the prevention of mildew growth. Its energizing quality is known to increase brain activity, while its relaxing quality is known to soothe the body, and the mix of these properties enhances focus while reducing hyperactivity.
Cedarwood Essential Oil, when used topically to the skin, can relieve irritation, inflammation, redness, and itching, as well as dryness that results in peeling, cracking, or blistering. Cedarwood Oil is said to protect the skin from toxins and environmental pollutants by controlling sebum production, removing acne-causing bacteria, and demonstrating a protective astringent effect, therefore preventing or reducing future breakouts. Its antibacterial and antiseptic characteristics help to eradicate odors, making it a good deodorizer, and its firming properties aid to lessen the appearance of age indicators like loose and wrinkled skin.
Cedarwood Oil's antibacterial and insecticidal characteristics made it desirable for mummification in Ancient Egypt. Cedarwood was also known to soothe the body and mind in this and other communities, making it perfect for religious rites and spiritual pursuits like collective independent meditation and prayer. It is still used today for comparable applications and also cosmetic ones.
East African cedarwood is steam-distilled from scrap wood in Kenyan sawmills, where it is widely utilized in the production of boxes, pencils, and wood carvings. The majority of East African cedarwood oil comes from wild trees. Excess exploitation for lumber and oil has resulted in a catastrophic loss of wild trees in Kenya. Waste wood from trees cut for timber is used in American oil production.
The Brazil market dominated the LAMEA Cedarwood Oil Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $8.9 million by 2028. The Argentina market is poised to grow at a CAGR of 10.6% during (2022 - 2028). Additionally, The UAE market would witness a CAGR of 9.8% during (2022 - 2028).
Based on Technique, the market is segmented into Steam Distillation, Carbon Dioxide Distillation, and Cold Press. Based on Industry, the market is segmented into Spa & Relaxation, Pharmaceuticals, and Others. Based on End Use, the market is segmented into Aroma Therapy, Cosmetics & Skincare, Toiletries, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Merck Group (Sigma-Aldrich), Firmenich S.A., Young Living Essential Oils LC, Sva Organics, Venus Enterprises Limited, Foreverest Resources Ltd., Finetech Industry Limited, Rocky Mountain Oils, LLC, Mother Herbs (P) Ltd., and Orchid Chemical Supplies Ltd
Market Segments covered in the Report:
By End Use
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List of Figures