Global Tea Tree Oil Market Professional Research Report 2014-2026, Segmented by Players, Types, End-Users in Major 40 Countries or Regions
Tea Tree Oil Introduction
Tea tree oil is distilled from the leaves of tea tree and also known as melaleuca alternifolia. Tea tree oil has wide application in cosmetics and personal care products due to its natural and antiseptic properties.
Scope of Tea Tree Oil Market
This report studies the Tea Tree Oil market from the perspectives of enterprises, regions, product types and terminal industries, and forecasts the market through the analysis of the status quo. In this study, 2018 has been considered as the base year and 2019 to 2026 as the forecast period to estimate the market size for Tea Tree Oil.
The global Tea Tree Oil market size is valued at USD 34 million in 2019 and is projected to reach USD 43 million by 2026, witnessing a CAGR of 3.5% throughout the forecast period.
As the downstream healthcare industry flourishes, the importance of tea tree oil will become more and more obvious over time. When the market breaks out its potential, the tea tree oil industry will enter a new era.
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Growth Factors
Factors that are affecting the growth of the tea tree oil market are the increase in the urban population, the rise in the disposable income, and the growing awareness about the benefits of the tea tree oil. Some of the key drivers influencing the demand for tea tree oil in the global market is owing to increasing demand for herbal, natural and organic cosmetics, and personal care products. Further, the demand for tea tree oil is also increasing in the healthcare industry, as it is widely used in health care products related to skin ointments, cold, dental care, and fungal infection and for many other medicinal purposes. The main reason behind the increasing demand for tea tree oil in personal care and healthcare industry is due to its antiseptic, antibacterial, and antifungal properties. Yet, improper use of tea tree oil may lead to possible side effects such as skin irritation, burning, redness, etc., which are also expected to hinder demand and limit the growth of the target market for a long time.
Key participants
Foremost key players operating in the global Tea Tree Oil market include Natures Remedy Ltd, Coromandel Mountains Tea Tree Oil Company, AOS Products Pvt. Ltd., Young Living Essential Oils LC, Oribi Oils (Pty) Ltd., Naturally Australian Tea Tree Oil Pty Ltd., NOW Health Group Inc, Jenbrook Pty Ltd., Main Camp Natural Extracts Pty Ltd., and etc. Tea tree oil mainly sales in pure oil form, some companies make TTO as “medicinal” “pharmaceutical” or “premium” grade, this is usually based on these oils containing a slightly higher percentage of terpinen-4-ol, however, there is no scientific evidence that these oils are more antimicrobial active than regular TTO.
Geographical Perspective
The Asia-Pacific and North America are the major consumption markets, with global Market Share of 38% and 30% in 2018. The market in Asia-Pacific is expected to dominate the global market in terms of revenue over the forecast period, owing to the increasing use of tea tree oil for medicinal purposes in the region. The market in North America is anticipated to register significant growth in terms of revenue and volume, due to increasing demand for natural and organic cosmetic products among individuals in this region. The market in Europe and Latin America expected to witness linear growth in terms of revenue in the near future.
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Type Synopsis
On the basis of type, the market comprises of Food Grade, Medical Grade, Industrial Grade, and Other.
Application Synopsis
The Tea Tree Oil Market by the application are Supermarket sand hypermarkets, Wholesalers and distributors, Departmental stores, Online stores, and Other. Online stores segment is predicted to dominate the global tea tree oil market in terms of revenue over the forecast period, owing to the availability of various types of tea tree oil-based products through online stores.
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Tea Tree Oil Market
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2 Market Trends and Competitive Landscape
3 Segmentation of Tea Tree Oil Market by Types
4 Segmentation of Tea Tree Oil Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Tea Tree Oil Market in Major Countries
7 North America Tea Tree Oil Landscape Analysis
8 Europe Tea Tree Oil Landscape Analysis
9 Asia Pacific Tea Tree Oil Landscape Analysis
10 Latin America, Middle East & Africa Tea Tree Oil Landscape Analysis
11 Major Players Profile
11.1 Natures Remedy Ltd
11.1.1 Natures Remedy Ltd Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Coromandel Mountains Tea Tree Oil Company
11.3 AOS Products Pvt. Ltd.
11.4 Young Living Essential Oils LC
11.5 Oribi Oils (Pty) Ltd.
11.6 Naturally Australian Tea Tree Oil Pty Ltd.
11.7 NOW Health Group Inc
11.8 Jenbrook Pty Ltd.
11.9 Main Camp Natural Extracts Pty Ltd.
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Target Audience:
Tea Tree Oil manufacturers
Tea Tree Oil potential investors
Raw material suppliers of Tea Tree Oil
Distributors and resellers of Tea Tree Oil
Tea Tree Oil industry associations
Product managers, Tea Tree Oil industry administrator, C-level executives of the industries
Market research and consulting firms
Small and Medium-sized Enterprises (SMEs)
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