| 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 |
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.
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.

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.
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.
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.
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.
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 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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