Eucalyptus Oil Market

Global Eucalyptus Oil Market Size (2024 to 2029)

As per our analysis report, the global Eucalyptus Oil Market is expected to reach USD 0.22 billion by 2029 from USD 0.16 billion in 2024, growing at a compound annual growth rate (CAGR) of 6.45% during the forecast period. 

MARKET OVERVIEW

Eucalyptus is a genus of blooming trees and shrubs with a wide range of species. Eucalyptus oil is obtained by steam distilling eucalyptus leaves. The eucalyptus tree is an Australian native. Eucalyptus species may be found in the state of Guinea and Indonesia. The eucalyptus oil also is derived from the evergreen eucalyptus globules tree. Antifungal and antibacterial capabilities are among the features of eucalyptus oil. The oil of eucalyptus is also recognized to be an effective insect repellant. Eucalyptus oil has a wide range of applications in a variety of sectors.  Oil of eucalyptus is used to treat a range of ailments and disorders, especially sinus problems, and asthmatic, and also as a tick repellent. Eucalyptus oil, diluted, can also be used on the skin to treat health issues including arthritis as well as skin ulcers.

MARKET DRIVERS

Eucalyptus Oil is used in a variety of medicinal and cosmetic products. It is primarily utilized in the treatment of dandruff and itchy scalp in trichology. Because eucalyptus oil is antibacterial and anti-septic, it may be used to treat abrasions, wounds, cuts, burns, sores, and scrapes, expanding the pharmaceutical industry's reach. Eucalyptus oil can also be used around the house. It is quite useful in the treatment of asthma, bronchitis, COPD, pneumonia, and even TB. Due to this key element and the significant role it plays in the pharmaceutical and cosmetic industries, the need for the eucalyptus oil market is expected to grow. The increased use of eucalyptus oil in culinary and personal care items is propelling the global market for the oil. Natural substances such as eucalyptus oil are being used by food and personal care product manufacturers in the production process. The oil of eucalyptus is antibacterial and antifungal. The anti-inflammatory, antioxidant, and antibacterial properties of eucalyptus oil are also well-known. Consumers all across the world are turning to natural ingredient-based products. Consumers are becoming more aware of the benefits of organic products, which have fueled the global eucalyptus oil market's rapid growth.

MARKET RESTRAINTS

The restraining factors that are limiting the growth of the Global Eucalyptus oil market are, the rise of the worldwide eucalyptus essential oil market is a restraint. Because a single ounce of eucalyptus oil requires a huge number of eucalyptus leaves, concerns over resource depletion may stymie the global eucalyptus essential oil market's growth. The other factor of the global market is, the high cost of producing eucalyptus essential oil will stifle expansion in the worldwide eucalyptus essential oil industry.

Impact of COVID-19 on the global eucalyptus oil market

The COVID-19 epidemic hampered the development of several sectors and enterprises. Many governments adopted measures to contain the new virus after seeing the fast spike in COVID-19 infections. The pandemic also had an impact on the eucalyptus oil business. While the pharmaceutical and food and beverage sectors were excluded from the lockdown, the cosmetic and personal care business was fully shut down for a short time. This aspect significantly harmed the eucalyptus oil market's growth prospects. Border restrictions enforced as a result of the epidemic also had an impact on the supply chain and operations. However, after a brief pause, the countries gradually resumed economic activity. This feature benefited the companies by assisting in the stabilization of the eucalyptus oil market's growth structure. COVID-19 immunization programs have already begun over the world. Vaccination is saving large-scale mortality and allowing governments to avoid lockdown-like restrictions. As a result, this component ensures a quick recovery to pre-COVID levels. Nonetheless, the Omicron variety poses a significant threat to the expansion of the eucalyptus oil business. The new variant's future trajectory may have an impact on future estimates.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Eucalyptus Oil Market By Product

The organic segment is expected to be the dominant one in this field. Antiseptic and anti-fungal capabilities are two of the most important features of Eucalyptus oil. The mosquito-repellant properties of eucalyptus essential oil are well-known. The extract of eucalyptus oil has a potent synergistic impact that may be linked to the pinnacle of success of cineole, which would be 80-95 percent greater than just about every other plant or herb. Eucalyptus oil has a wide range of uses in a variety of industries.

Global Eucalyptus Oil Market By Application

The pharmaceutical industry is expected to help in the growth of the global eucalyptus oil market. Owing to the fact, that because eucalyptus essential oil is widely utilized in the treatment of wounds, its use of being an antiseptic agent is projected to have higher sales value than other applications. The leaves of the eucalyptus tree are used to make eucalyptus oil.

REGIONAL ANALYSIS

North America is expected to hold the largest global eucalyptus market share with growth in most of the eucalyptus oil industry.

The eucalyptus oil market may see expansion due to rising demand for aromatherapy in regional countries like the United States, Canada, and Mexico, as well as an increase in the usage of different cosmetics and therapies among the worldwide population.

Europe is holding the second larger share in the global eucalyptus oil market. The countries that are helping in this region are – The United Kingdom, Italy, France, Germany, and Russia.

The Asia pacific holds a significant amount of share in the global eucalyptus oil market. The eucalyptus oil market is expected to develop rapidly in this APAC region. India and China, both densely populated nations, are leading the way in terms of eucalyptus oil market growth. Growing awareness of the advantages of eucalyptus oil as a result of successful marketing campaigns and advertising techniques is expected to boost the Asia Pacific eucalyptus oil market's development prospects.

KEY PLAYERS IN THE GLOBAL EUCALYPTUS OIL MARKET

Aos Products, NOW Foods, Plant Therapy Essential Oils, NHR Organic Oils, Biolandes, Augustus Oils, Young Living Essential Oils, Integria Healthcare, Emu Ridge Eucalyptus, Ananda Apothecary are some of the notable companies in the global Eucalyptus Oil market.

 RECENT HAPPENINGS IN THE MARKET

• 11^th March 2022: The skin-shining lotion is produced by Charlotte Tilbury's Collagen Super fusion Face Oil, which contains essential oils such as rose absolute, neroli, damask rose, lavender, and eucalyptus for a pleasant application and at-home spa experience. The unique face oils are indeed high-performance face oil containing collagen matrix and strong extracts for skin that appear plumper and healthier and keep it shining.

DETAILED SEGMENTATION OF THE GLOBAL EUCALYPTUS OIL MARKET INCLUDED IN THIS REPORT 

This research report on the global eucalyptus oil market has been segmented and sub-segmented based on type, product, and region. 

By Product

• Organic
• Conventional

By Application

• Pharmaceutical industry
• Cosmetic industry
• Others

By Region

• North America 
• Europe 
• Asia Pacific 
• Latin America 
• Middle east and Africa