Product Code: ETC098385 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Malaysiamarket for cedar wood oil is growing steadily, due to its use in various products such as fragrances and beauty products. Currently, the estimated retail value of cedar wood oil is approximately US$1.7 million annually in Malaysia. The demand for this product has been increasing over the years with an annual growth rate of 5%. The majority of consumers are located mainly in capital cities such as Kuala Lumpur and Penang, with a significant number also from rural areas.
The Malaysia cedar wood oil market is projected to experience steady growth in the forecast period. One of the significant drivers of this market is the growing preference for natural and organic products in the cosmetics and personal care industry. Cedar wood oil is widely used in perfumes, skincare, and hair care products due to its pleasant aroma and beneficial properties for the skin and hair. The rising consumer awareness regarding the benefits of natural ingredients is expected to boost the demand for cedar wood oil in the country.
The Malaysia Cedar Wood Oil market might face challenges related to sustainable sourcing practices to avoid depletion of natural resources. There may also be regulations concerning the use of endangered or protected plant species, which could impact the production and trade of cedar wood oil.
Cedar wood oil is used in various industries, including aromatherapy, cosmetics, and insect repellents. The pandemic might have impacted the demand for cedar wood oil, especially in sectors like cosmetics and aromatherapy, which rely on discretionary spending. However, the market is likely to rebound as restrictions ease and consumer spending increases.
The Malaysia Cedar Wood Oil market is expected to experience moderate growth during the forecast period. Key players, such as Nature`s Essence and Botanical Aromas, are actively engaged in extracting and supplying high-quality cedar wood oil. The rising popularity of natural products and their applications in aromatherapy and cosmetics are expected to contribute to market growth.
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 Malaysia Cedar wood oil Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Cedar wood oil Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Cedar wood oil Market - Industry Life Cycle |
3.4 Malaysia Cedar wood oil Market - Porter's Five Forces |
3.5 Malaysia Cedar wood oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Malaysia Cedar wood oil Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Malaysia Cedar wood oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Cedar wood oil Market Trends |
6 Malaysia Cedar wood oil Market, By Types |
6.1 Malaysia Cedar wood oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Cedar wood oil Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Malaysia Cedar wood oil Market Revenues & Volume, By Texas cedar wood oil, 2021-2031F |
6.1.4 Malaysia Cedar wood oil Market Revenues & Volume, By Western red cedar oil, 2021-2031F |
6.1.5 Malaysia Cedar wood oil Market Revenues & Volume, By Virginiana cedar wood oil, 2021-2031F |
6.2 Malaysia Cedar wood oil Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Cedar wood oil Market Revenues & Volume, By Insect Repellant, 2021-2031F |
6.2.3 Malaysia Cedar wood oil Market Revenues & Volume, By Cosmetic and Skin Care Products, 2021-2031F |
6.2.4 Malaysia Cedar wood oil Market Revenues & Volume, By Toiletries, 2021-2031F |
6.2.5 Malaysia Cedar wood oil Market Revenues & Volume, By Chemical Derivatives, 2021-2031F |
6.2.6 Malaysia Cedar wood oil Market Revenues & Volume, By Aromatherapy, 2021-2031F |
7 Malaysia Cedar wood oil Market Import-Export Trade Statistics |
7.1 Malaysia Cedar wood oil Market Export to Major Countries |
7.2 Malaysia Cedar wood oil Market Imports from Major Countries |
8 Malaysia Cedar wood oil Market Key Performance Indicators |
9 Malaysia Cedar wood oil Market - Opportunity Assessment |
9.1 Malaysia Cedar wood oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Malaysia Cedar wood oil Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Malaysia Cedar wood oil Market - Competitive Landscape |
10.1 Malaysia Cedar wood oil Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Cedar wood oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |