Product Code: ETC098384 | 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 cedar wood oil market in Thailand is estimated to be valued at around USD 4 million in 2025 and it is anticipated to grow further at a CAGR of 3.5% during forecast period due to its increasing use as an essential oil for aromatherapy across various regions. Cedarwood oil has multiple applications such as insect repellent, antiseptic solution, flavoring agent for food items such as desserts & confectionery items etc., apart from being used as an aroma therapeutic agent that helps reduce stress levels & provides relaxation effects while providing relief from respiratory disorders like asthma etc. The growing number of health conscious people along with strong economic development which allows higher spending power for recreational activities are some other factors driving this segment?s growth positively over this period of time.
The Thailand cedar wood oil market is influenced by the growing consumer interest in natural and holistic wellness solutions. Cedar wood oil is valued for its aromatic properties and potential health benefits, such as promoting relaxation and reducing stress. The rise of aromatherapy practices and the demand for natural ingredients in personal care and cosmetic products drive the market`s growth. Additionally, the cosmetic and fragrance industries` interest in incorporating natural scents contributes to the demand for cedar wood oil. The oil`s soothing and grounding attributes align with the wellness trends and contribute to its relevance in the market.
Challenges in the Thailand cedar wood oil market include the conservation of cedarwood species and responsible sourcing. Cedarwood oil is extracted from various species of cedar trees, some of which are endangered due to deforestation and illegal logging. Ensuring sustainable sourcing practices and contributing to reforestation efforts are challenges to address for the long-term viability of the cedar wood oil industry.
The Thailand cedar wood oil market encountered varied impacts during the pandemic. While the market faced disruptions in terms of supply chain and production challenges, sectors like aromatherapy and personal care sustained demand for cedar wood oil. As global travel restrictions eased and wellness trends gained momentum, the market showed signs of recovery.
In the Thailand cedar wood oil market, notable players include CedarEssence Co., ThaiCedar Wood Aromas, and WoodCraft Innovations. These companies specialize in producing cedar wood essential oil, valued for its aromatic and potential therapeutic properties. Their dedication to botanical distillation and oil quality contributes to their prominence in the aromatic industry.
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 Thailand Cedar wood oil Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Cedar wood oil Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Cedar wood oil Market - Industry Life Cycle |
3.4 Thailand Cedar wood oil Market - Porter's Five Forces |
3.5 Thailand Cedar wood oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Cedar wood oil Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Thailand Cedar wood oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Cedar wood oil Market Trends |
6 Thailand Cedar wood oil Market, By Types |
6.1 Thailand Cedar wood oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Cedar wood oil Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Cedar wood oil Market Revenues & Volume, By Texas cedar wood oil, 2021-2031F |
6.1.4 Thailand Cedar wood oil Market Revenues & Volume, By Western red cedar oil, 2021-2031F |
6.1.5 Thailand Cedar wood oil Market Revenues & Volume, By Virginiana cedar wood oil, 2021-2031F |
6.2 Thailand Cedar wood oil Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Thailand Cedar wood oil Market Revenues & Volume, By Insect Repellant, 2021-2031F |
6.2.3 Thailand Cedar wood oil Market Revenues & Volume, By Cosmetic and Skin Care Products, 2021-2031F |
6.2.4 Thailand Cedar wood oil Market Revenues & Volume, By Toiletries, 2021-2031F |
6.2.5 Thailand Cedar wood oil Market Revenues & Volume, By Chemical Derivatives, 2021-2031F |
6.2.6 Thailand Cedar wood oil Market Revenues & Volume, By Aromatherapy, 2021-2031F |
7 Thailand Cedar wood oil Market Import-Export Trade Statistics |
7.1 Thailand Cedar wood oil Market Export to Major Countries |
7.2 Thailand Cedar wood oil Market Imports from Major Countries |
8 Thailand Cedar wood oil Market Key Performance Indicators |
9 Thailand Cedar wood oil Market - Opportunity Assessment |
9.1 Thailand Cedar wood oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Cedar wood oil Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Thailand Cedar wood oil Market - Competitive Landscape |
10.1 Thailand Cedar wood oil Market Revenue Share, By Companies, 2024 |
10.2 Thailand Cedar wood oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |