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

Market Forecast By Form (Crystalline Solid, Powder, Liquid), By Application (Medical Products, Flavoring/Additives, Oral Care, Others) And Competitive Landscape
Product Code: ETC4687693 Publication Date: Nov 2023 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Shubham Deep No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Sweden Menthol Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The Sweden menthol import market in 2024 continued to show high concentration, with Germany, India, Poland, Denmark, and Turkey leading as top exporting countries. The high Herfindahl-Hirschman Index (HHI) suggests a heavily concentrated market structure. The impressive Compound Annual Growth Rate (CAGR) of 12.28% from 2020 to 2024 indicates sustained growth and market potential. The remarkable growth rate of 81.6% from 2023 to 2024 signifies a significant surge in demand, highlighting the evolving preferences and increasing popularity of menthol products in Sweden.

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


Sweden's Menthol market is anticipated to experience a stable growth rate of 0.01% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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

Sweden Menthol Market Overview

In the menthol market, Swedish consumers appreciate menthol for its cooling properties, commonly found in products like cough drops, gum, and cosmetics. The market is driven by demand in both healthcare and personal care sectors.

Drivers of the market

The menthol market in Sweden is driven by its applications in the food, pharmaceutical, and cosmetic industries. The increasing consumer preference for mint-flavored products and the demand for menthol in oral care and personal care products are propelling market growth. Additionally, the rising awareness of the therapeutic benefits of menthol in various applications, including cough and cold remedies, further contributes to market dynamics.

Challenges of the market

The menthol market in Sweden faces challenges associated with fluctuating demand and competition from alternative flavoring solutions. As consumer preferences shift towards natural ingredients, ensuring a reliable supply of high-quality menthol becomes critical. Additionally, competition from synthetic flavoring compounds complicates the market landscape, requiring effective differentiation in product offerings. The need for ongoing investment in marketing and distribution strategies further complicates the landscape.

Government Policy of the market

In Sweden, the menthol market benefits from government policies that prioritize health and safety standards in cosmetic and pharmaceutical products. The government supports regulations governing the production and use of menthol, ensuring compliance with safety standards. Additionally, sustainability initiatives promoting the use of natural menthol sources contribute to the growth of this market, aligning with Sweden commitment to environmental responsibility.

Key Highlights of the Report:

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

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Sweden 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 Sweden 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 Sweden Menthol Market Overview

3.1 Sweden Country Macro Economic Indicators

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

3.3 Sweden Menthol Market - Industry Life Cycle

3.4 Sweden Menthol Market - Porter's Five Forces

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

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

4 Sweden Menthol Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Sweden Menthol Market Trends

6 Sweden Menthol Market Segmentations

6.1 Sweden Menthol Market, By Form

6.1.1 Overview and Analysis

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

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

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

6.2 Sweden Menthol Market, By Application

6.2.1 Overview and Analysis

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

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

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

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

7 Sweden Menthol Market Import-Export Trade Statistics

7.1 Sweden Menthol Market Export to Major Countries

7.2 Sweden Menthol Market Imports from Major Countries

8 Sweden Menthol Market Key Performance Indicators

9 Sweden Menthol Market - Opportunity Assessment

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

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

10 Sweden Menthol Market - Competitive Landscape

10.1 Sweden Menthol Market Revenue Share, By Companies, 2024

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

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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