Report Ocean presents a comprehensive research report on Geranium Oil, analyzing markets in 150+ countries. With access to 1,00000+ annual reports, subject matter experts ensure accuracy. Methods like S.W.O.T., P.E.S.T.E.L., and regression analysis forecast growth. The report covers regulations, research tech, innovation, and future trends in Geranium Oil.
The global geranium oil market size was US$ 76.8 million in 2021. The global geranium oil market is projected to grow to US$ 135.5 million by 2030 by registering a compound annual growth rate (CAGR) of 7.1% during the study period from 2022 to 2030.
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COVID-19 Impact Analysis
Various governments imposed mandatory closures on the industries as a result of the COVID-19 outbreak. As a result, it halted operations in many industries. The geranium oil market also recorded a dramatic loss due to the decline in the demand for personal care products and aromatherapy. Various aromatherapy centres also closed their doors, intending to abide by the regulations. As a result of all the aforementioned factors, the demand for geranium oil decreased substantially.
Factors Influencing the Market
The global geranium oil market is projected to record a sharp increase in terms of revenue due to the significant rising consciousness about health and wellness. The prominent players in the industry are thriving to develop high-quality products in terms of flavour & fragrances, cosmetic & personal care, etc. Therefore, it will contribute to the growth of the global geranium oil market.
The rising cases of cardiovascular diseases and the potential applications of geranium oil in the treatment of these diseases are projected to contribute to industry growth.
Further, the fact that geranium oil is organic and is extracted from the leaves of the geranium plant with steam distillation is anticipated to shape the scope of the overall market during the analysis period. Moreover, it enhances blood circulation and speeds up the healing of acne scars, skin irritations, etc. Additionally, the rising demand for organic facewashes, moisturizers, and other skin repair solutions will contribute to the industry growth during the analysis period.
High disposable incomes and the rising range of aromatherapy service providers will contribute to the industry’s growth. However, the complicated process of developing geranium oil may impede the market growth during the analysis period.
Regional Analysis
The Asia-Pacific geranium oil market is expected to drive at the fastest growth rate, owing to the high population of the region and growing knowledge about the benefits of essential oils.
North America occupied the largest share in the global geranium oil market in the base year and is anticipated to have significant participation in the global market growth during the analysis period. It is projected to the rising knowledge about the therapeutic treatments and aromatherapy in the region. Additionally, the growing trend of online shopping and the availability of geranium oil providers on e-commerce platforms is projected to sustain global market growth. The growing health and wellness sector in terms of advancements and innovations is expected to prompt the demand for geranium oil during the analysis period.
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Competitors in the Market
Firmenich SA
Mother Herbs (P) Ltd
Floral Essential Oil
Berj Inc.
De Monchy Aromatics
Visagenics Premium Essential Oils
SVA Organics
Other Prominent Players
Market Segmentation
The global geranium oil market segmentation focuses on Nature, Application, Distribution Channel, and Region.
By Nature
Organic
Conventional
By Application
Aromatherapy
Cosmetics And Personal Care
Flavor And Fragrances
Others
By Distribution Channel
Specialty Stores
Online Retail
B2B Sales
Hypermarkets And Supermarkets
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By Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
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