| Product Code: ETC330699 | Publication Date: Aug 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 |
Saudi Arabia`s import trend for laurel oil in 2024 experienced significant growth, with a 48.2% increase compared to 2023. However, the compound annual growth rate (CAGR) for 2020-2024 stood at -25.23%. This decline in CAGR could be attributed to fluctuating demand dynamics or shifting trade policies impacting the market stability.
Laurel oil, also known as bay laurel oil, is derived from the leaves of the bay laurel tree. In Saudi Arabia, the laurel oil market has been growing steadily due to its use in traditional medicine and culinary applications. The oil is known for its aromatic and therapeutic properties, making it a popular choice for aromatherapy and massage therapy. It is also used as a flavoring agent in various dishes. The market for laurel oil in Saudi Arabia is driven by increasing consumer awareness of its health benefits and its versatility in both personal care and culinary products.
The Saudi Arabia laurel oil market is driven by several factors. Firstly, laurel oil is widely recognized for its numerous health benefits, including its anti-inflammatory and antioxidant properties. This has led to a growing demand for laurel oil in the cosmetics and pharmaceutical industries. Additionally, the rising trend towards natural and organic products is boosting the demand for laurel oil as a key ingredient in skincare and haircare products. Furthermore, laurel oil has culinary uses and is incorporated into traditional dishes, further fueling its market growth. The increasing awareness of the health benefits of laurel oil and its versatile applications are expected to drive the market in Saudi Arabia.
The laurel oil market in Saudi Arabia faces unique challenges. Laurel oil is often used in cosmetics and traditional medicine, and one challenge is maintaining a sustainable supply of laurel leaves for oil extraction. Overharvesting and unsustainable agricultural practices can threaten the supply chain. Moreover, international trade regulations and quality standards for essential oils can impact market access and exports. Market players also need to address consumer awareness and preferences for natural and organic products, which may influence purchasing decisions. Lastly, the market may face challenges related to regional conflicts and geopolitical instability, affecting the availability and pricing of laurel oil in the region.
The COVID-19 pandemic had a mixed impact on the Saudi Arabia laurel oil market. Laurel oil, derived from the bay laurel tree, is known for its aromatic and therapeutic properties. The market initially faced disruptions in the supply chain due to restrictions on movement and trade. Harvesting and production were hindered, leading to supply shortages. However, the increased consumer focus on natural and wellness products during the pandemic positively influenced the demand for essential oils like laurel oil. As consumers sought products with potential health benefits, including aromatherapy and immune support, the demand for laurel oil saw a resurgence. Manufacturers and suppliers adapted by emphasizing the purity and quality of their products to meet the evolving consumer preferences. The market is expected to continue its growth trajectory as health-conscious consumers drive the demand for natural essential oils.
In the Saudi laurel oil market, prominent players include Sabinsa Corporation, Farnesol, and Akoma International (UK) Ltd.
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 Saudi Arabia Laurel Oil Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Laurel Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Laurel Oil Market - Industry Life Cycle |
3.4 Saudi Arabia Laurel Oil Market - Porter's Five Forces |
3.5 Saudi Arabia Laurel Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Laurel Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Saudi Arabia Laurel Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness about the health benefits of laurel oil |
4.2.2 Increasing demand for natural and organic beauty products in Saudi Arabia |
4.2.3 Rising disposable income and changing lifestyle preferences in the region |
4.3 Market Restraints |
4.3.1 Limited availability of laurel oil due to geographical constraints |
4.3.2 Price volatility of laurel oil in the global market |
4.3.3 Competition from other herbal oils and alternative beauty products |
5 Saudi Arabia Laurel Oil Market Trends |
6 Saudi Arabia Laurel Oil Market, By Types |
6.1 Saudi Arabia Laurel Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Laurel Oil Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Laurel Oil Market Revenues & Volume, By Organic Laurel Oil, 2021-2031F |
6.1.4 Saudi Arabia Laurel Oil Market Revenues & Volume, By Conventional Laurel Oil, 2021-2031F |
6.2 Saudi Arabia Laurel Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Laurel Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.3 Saudi Arabia Laurel Oil Market Revenues & Volume, By Personal Care and Cosmetics, 2021-2031F |
6.2.4 Saudi Arabia Laurel Oil Market Revenues & Volume, By Food Industry, 2021-2031F |
6.2.5 Saudi Arabia Laurel Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Laurel Oil Market Import-Export Trade Statistics |
7.1 Saudi Arabia Laurel Oil Market Export to Major Countries |
7.2 Saudi Arabia Laurel Oil Market Imports from Major Countries |
8 Saudi Arabia Laurel Oil Market Key Performance Indicators |
8.1 Percentage increase in demand for natural and organic beauty products in Saudi Arabia |
8.2 Number of new product launches containing laurel oil in the market |
8.3 Growth in the number of wellness and beauty spas offering treatments using laurel oil |
9 Saudi Arabia Laurel Oil Market - Opportunity Assessment |
9.1 Saudi Arabia Laurel Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Laurel Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Saudi Arabia Laurel Oil Market - Competitive Landscape |
10.1 Saudi Arabia Laurel Oil Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Laurel Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |