| Product Code: ETC6746516 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a slight decline in growth rate from 2023 to 2024, the China liquorice shellac import market continues to show strong overall growth with a CAGR of 16.57% from 2020 to 2024. The top exporting countries to China in 2024 include Myanmar, India, Indonesia, Thailand, and Vietnam, indicating continued interest and participation in this market. The high Herfindahl-Hirschman Index (HHI) in 2024 suggests a concentrated market structure, potentially leading to competitive dynamics and strategic considerations among key players.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China Liquorice Shellac Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Liquorice Shellac Market Revenues & Volume, 2021 & 2031F |
3.3 China Liquorice Shellac Market - Industry Life Cycle |
3.4 China Liquorice Shellac Market - Porter's Five Forces |
3.5 China Liquorice Shellac Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 China Liquorice Shellac Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 China Liquorice Shellac Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for natural and organic ingredients in various industries such as food, pharmaceuticals, and cosmetics |
4.2.2 Increasing awareness about the health benefits and therapeutic properties of liquorice shellac |
4.2.3 Rise in research and development activities to explore new applications and benefits of liquorice shellac |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting the production cost of liquorice shellac |
4.3.2 Regulatory challenges related to quality control and compliance with safety standards |
4.3.3 Competition from synthetic alternatives and substitutes in the market |
5 China Liquorice Shellac Market Trends |
6 China Liquorice Shellac Market, By Types |
6.1 China Liquorice Shellac Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 China Liquorice Shellac Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 China Liquorice Shellac Market Revenues & Volume, By Hot Filtration, 2021- 2031F |
6.1.4 China Liquorice Shellac Market Revenues & Volume, By Solvent Method, 2021- 2031F |
6.2 China Liquorice Shellac Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 China Liquorice Shellac Market Revenues & Volume, By Food Industry, 2021- 2031F |
6.2.3 China Liquorice Shellac Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.4 China Liquorice Shellac Market Revenues & Volume, By Others, 2021- 2031F |
7 China Liquorice Shellac Market Import-Export Trade Statistics |
7.1 China Liquorice Shellac Market Export to Major Countries |
7.2 China Liquorice Shellac Market Imports from Major Countries |
8 China Liquorice Shellac Market Key Performance Indicators |
8.1 Number of new product launches or applications using liquorice shellac |
8.2 Investment in research and development for innovation and product improvement |
8.3 Consumer perception and awareness surveys on liquorice shellac benefits and usage |
8.4 Sustainability initiatives and certifications related to liquorice shellac sourcing and production |
8.5 Number of partnerships or collaborations with key industry players for market expansion and growth. |
9 China Liquorice Shellac Market - Opportunity Assessment |
9.1 China Liquorice Shellac Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 China Liquorice Shellac Market Opportunity Assessment, By Application, 2021 & 2031F |
10 China Liquorice Shellac Market - Competitive Landscape |
10.1 China Liquorice Shellac Market Revenue Share, By Companies, 2024 |
10.2 China Liquorice Shellac Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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