| Product Code: ETC330687 | 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 |
Singapore`s import trend for Singapore laurel oil market experienced a decline from 2023 to 2024, with a growth rate of -2.89% during that period. The compound annual growth rate (CAGR) for 2020-2024 stood at -3.89%. This negative momentum could be attributed to shifting consumer preferences or changes in global supply chains impacting import volumes.
Laurel oil, also known as bay laurel oil, is valued for its aromatic and therapeutic properties. It finds application in aromatherapy, perfumery, and natural medicine. Singapore market for laurel oil is niche but supported by a growing interest in holistic well-being and alternative therapies. The oil`s versatility in personal care products and its pleasant fragrance contribute to its demand in Singapore wellness and beauty industry.
The Singapore laurel oil market is influenced by the cosmetics and personal care industry, where laurel oil is used for its aromatic properties and skincare benefits. Laurel oil is known for its natural fragrance and is a common ingredient in perfumes, soaps, and skincare products. The market benefits from consumers` preference for natural and botanical-based cosmetics. Moreover, the growing trend of aromatherapy and the demand for natural essential oils in wellness products drive the consumption of laurel oil.
The laurel oil market in Singapore faces limited domestic production, relying primarily on imports. This dependence on foreign suppliers exposes the market to supply chain disruptions and price fluctuations due to geopolitical tensions and global economic factors. Ensuring the quality and authenticity of imported laurel oil can also be a challenge, as it requires rigorous testing and certification. Market players must navigate these challenges to maintain a stable and reliable supply chain.
The laurel oil market in Singapore faced challenges during the pandemic as it is used in the cosmetics and personal care industries. Reduced consumer spending on non-essential items affected demand for laurel oil-based products. Supply chain disruptions and production limitations further added to the market`s challenges. To rebound, companies may focus on product innovation and marketing strategies that align with changing consumer preferences for self-care and wellness products.
In the Singapore Laurel Oil market, prominent players include Givaudan S.A., Young Living Essential Oils, and Biolandes SAS. These companies are known for their expertise in producing laurel oil and essential oils for the fragrance and cosmetics industries. Their dedication to sourcing and delivering top-notch laurel oil products has made them leaders in this market.
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 Singapore Laurel Oil Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Laurel Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Laurel Oil Market - Industry Life Cycle |
3.4 Singapore Laurel Oil Market - Porter's Five Forces |
3.5 Singapore Laurel Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Singapore Laurel Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore Laurel Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of laurel oil in skincare and aromatherapy |
4.2.2 Growing demand for natural and organic beauty products |
4.2.3 Rising interest in traditional and herbal remedies for health and wellness |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs |
4.3.2 Limited availability of high-quality laurel oil due to geographical factors |
4.3.3 Regulatory challenges related to labeling and certification requirements for natural products |
5 Singapore Laurel Oil Market Trends |
6 Singapore Laurel Oil Market, By Types |
6.1 Singapore Laurel Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Laurel Oil Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Singapore Laurel Oil Market Revenues & Volume, By Organic Laurel Oil, 2021-2031F |
6.1.4 Singapore Laurel Oil Market Revenues & Volume, By Conventional Laurel Oil, 2021-2031F |
6.2 Singapore Laurel Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore Laurel Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.3 Singapore Laurel Oil Market Revenues & Volume, By Personal Care and Cosmetics, 2021-2031F |
6.2.4 Singapore Laurel Oil Market Revenues & Volume, By Food Industry, 2021-2031F |
6.2.5 Singapore Laurel Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Singapore Laurel Oil Market Import-Export Trade Statistics |
7.1 Singapore Laurel Oil Market Export to Major Countries |
7.2 Singapore Laurel Oil Market Imports from Major Countries |
8 Singapore Laurel Oil Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms related to laurel oil products |
8.2 Number of new product launches featuring laurel oil as a key ingredient |
8.3 Growth in online searches and website traffic for laurel oil products |
9 Singapore Laurel Oil Market - Opportunity Assessment |
9.1 Singapore Laurel Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Singapore Laurel Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore Laurel Oil Market - Competitive Landscape |
10.1 Singapore Laurel Oil Market Revenue Share, By Companies, 2024 |
10.2 Singapore Laurel Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |