| Product Code: ETC418040 | Publication Date: Oct 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s styrax oil import shipments in 2024 saw significant growth with a high Herfindahl-Hirschman Index (HHI) indicating concentrated market shares. Sri Lanka, China, India, Germany, and Netherlands were the top exporting countries to India. The compound annual growth rate (CAGR) for styrax oil imports from 2020 to 2024 stood at a healthy 8.78%, while the growth rate from 2023 to 2024 was an impressive 57.13%. This data suggests a strong demand for styrax oil in the Indian market, showcasing promising opportunities for market players in this sector.

India Styrax oil Market has seen a massive growth which has been driven by the increasing demand for natural ingredients in soaps, cosmetics, and other products as well as rising awareness about the health benefits associated with using natural ingredients. Additionally, rising disposable incomes among consumers are driving them to spend on personal care products, which has further boosted the demand for styrax oil. However, there are some challenges that may impede the growth potential such as limited availability of raw materials due to its seasonal nature and high cost of production when compared to synthetic alternatives. Additionally, environmental concerns regarding deforestation caused by obtaining these raw materials have been raised in recent years as well.
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 India Styrax oil Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Styrax oil Market Revenues & Volume, 2021 & 2028F |
3.3 India Styrax oil Market - Industry Life Cycle |
3.4 India Styrax oil Market - Porter's Five Forces |
3.5 India Styrax oil Market Revenues & Volume Share, By End User, 2021 & 2028F |
4 India Styrax oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Styrax oil Market Trends |
6 India Styrax oil Market, By Types |
6.1 India Styrax oil Market, By End User |
6.1.1 Overview and Analysis |
6.1.2 India Styrax oil Market Revenues & Volume, By End User, 2018 - 2028F |
6.1.3 India Styrax oil Market Revenues & Volume, By Furniture, 2018 - 2028F |
6.1.4 India Styrax oil Market Revenues & Volume, By Automobile, 2018 - 2028F |
6.1.5 India Styrax oil Market Revenues & Volume, By Healthcare, 2018 - 2028F |
6.1.6 India Styrax oil Market Revenues & Volume, By Others, 2018 - 2028F |
7 India Styrax oil Market Import-Export Trade Statistics |
7.1 India Styrax oil Market Export to Major Countries |
7.2 India Styrax oil Market Imports from Major Countries |
8 India Styrax oil Market Key Performance Indicators |
9 India Styrax oil Market - Opportunity Assessment |
9.1 India Styrax oil Market Opportunity Assessment, By End User, 2021 & 2028F |
10 India Styrax oil Market - Competitive Landscape |
10.1 India Styrax oil Market Revenue Share, By Companies, 2021 |
10.2 India Styrax oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |