Cyprus Menthol Market (2025-2031) | Share, Segmentation, Value, Outlook, Size, Industry, Forecast, Revenue, Analysis, Trends, Companies & Growth

Market Forecast By Form (Crystalline Solid, Powder, Liquid), By Application (Medical Products, Flavoring/Additives, Oral Care, Others) And Competitive Landscape
Product Code: ETC4687609 Publication Date: Nov 2023 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Shubham Deep No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Cyprus Menthol Market Import Shipment by Countries (Top 5) & Competition (HHI)

Cyprus continues to rely on key exporters such as Germany, Canada, and Greece for its menthol imports in 2024. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a market dominated by a few major players. Despite a negative Compound Annual Growth Rate (CAGR) from 2020-24, there was a significant rebound in growth with a rate of 13.75% in 2024, showcasing potential opportunities for the menthol import market in Cyprus.

Cyprus Menthol Market Import Shipment by Countries (Top 5) & Competition (HHI)

Menthol Market: Cyprus vs Top 5 Major Economies in 2027 (Europe)


The Menthol market in Cyprus is projected to grow at a stable growth rate of 1.76% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

Menthol Market: Cyprus vs Top 5 Major Economies in 2027 (Europe)

Cyprus Menthol Market Overview

The menthol market in Cyprus serves the pharmaceutical, cosmetic, and food industries. Menthol is widely used for its cooling properties in products like cough syrups, topical creams, and personal care items.

Drivers of the market

The menthol market in Cyprus benefits from its applications in pharmaceuticals, personal care products, and food and beverages. Menthol’s soothing and cooling properties make it popular in products like cough drops, skincare items, and confectioneries, supporting market growth.

Challenges of the market

Challenges in the menthol market in Cyprus are driven by limited domestic production capabilities and reliance on imports. The market is also susceptible to fluctuations in international menthol prices, which can affect the availability and cost of menthol products. Additionally, competition from alternative flavors and essential oils in consumer products such as toothpaste and confectionery restricts the demand for menthol.

Government Policy of the market

Agricultural policies in Cyprus support the cultivation and processing of menthol, particularly for use in pharmaceuticals and personal care products, with export incentives for local producers.

Key Highlights of the Report:

  • Cyprus Menthol Market Outlook
  • Market Size of Cyprus Menthol Market, 2024
  • Forecast of Cyprus Menthol Market, 2031
  • Historical Data and Forecast of Cyprus Menthol Revenues & Volume for the Period 2021-2031
  • Cyprus Menthol Market Trend Evolution
  • Cyprus Menthol Market Drivers and Challenges
  • Cyprus Menthol Price Trends
  • Cyprus Menthol Porter`s Five Forces
  • Cyprus Menthol Industry Life Cycle
  • Historical Data and Forecast of Cyprus Menthol Market Revenues & Volume By Form for the Period 2021-2031
  • Historical Data and Forecast of Cyprus Menthol Market Revenues & Volume By Crystalline Solid for the Period 2021-2031
  • Historical Data and Forecast of Cyprus Menthol Market Revenues & Volume By Powder for the Period 2021-2031
  • Historical Data and Forecast of Cyprus Menthol Market Revenues & Volume By Liquid for the Period 2021-2031
  • Historical Data and Forecast of Cyprus Menthol Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Cyprus Menthol Market Revenues & Volume By Medical Products for the Period 2021-2031
  • Historical Data and Forecast of Cyprus Menthol Market Revenues & Volume By Flavoring/Additives for the Period 2021-2031
  • Historical Data and Forecast of Cyprus Menthol Market Revenues & Volume By Oral Care for the Period 2021-2031
  • Historical Data and Forecast of Cyprus Menthol Market Revenues & Volume By Others for the Period 2021-2031
  • Cyprus Menthol Import Export Trade Statistics
  • Market Opportunity Assessment By Form
  • Market Opportunity Assessment By Application
  • Cyprus Menthol Top Companies Market Share
  • Cyprus Menthol Competitive Benchmarking By Technical and Operational Parameters
  • Cyprus Menthol Company Profiles
  • Cyprus Menthol Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Cyprus Menthol Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Cyprus Menthol Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Cyprus Menthol Market Overview

3.1 Cyprus Country Macro Economic Indicators

3.2 Cyprus Menthol Market Revenues & Volume, 2021 & 2031F

3.3 Cyprus Menthol Market - Industry Life Cycle

3.4 Cyprus Menthol Market - Porter's Five Forces

3.5 Cyprus Menthol Market Revenues & Volume Share, By Form, 2021 & 2031F

3.6 Cyprus Menthol Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Cyprus Menthol Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Cyprus Menthol Market Trends

6 Cyprus Menthol Market Segmentations

6.1 Cyprus Menthol Market, By Form

6.1.1 Overview and Analysis

6.1.2 Cyprus Menthol Market Revenues & Volume, By Crystalline Solid, 2021-2031F

6.1.3 Cyprus Menthol Market Revenues & Volume, By Powder, 2021-2031F

6.1.4 Cyprus Menthol Market Revenues & Volume, By Liquid, 2021-2031F

6.2 Cyprus Menthol Market, By Application

6.2.1 Overview and Analysis

6.2.2 Cyprus Menthol Market Revenues & Volume, By Medical Products, 2021-2031F

6.2.3 Cyprus Menthol Market Revenues & Volume, By Flavoring/Additives, 2021-2031F

6.2.4 Cyprus Menthol Market Revenues & Volume, By Oral Care, 2021-2031F

6.2.5 Cyprus Menthol Market Revenues & Volume, By Others, 2021-2031F

7 Cyprus Menthol Market Import-Export Trade Statistics

7.1 Cyprus Menthol Market Export to Major Countries

7.2 Cyprus Menthol Market Imports from Major Countries

8 Cyprus Menthol Market Key Performance Indicators

9 Cyprus Menthol Market - Opportunity Assessment

9.1 Cyprus Menthol Market Opportunity Assessment, By Form, 2021 & 2031F

9.2 Cyprus Menthol Market Opportunity Assessment, By Application, 2021 & 2031F

10 Cyprus Menthol Market - Competitive Landscape

10.1 Cyprus Menthol Market Revenue Share, By Companies, 2024

10.2 Cyprus Menthol Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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