| Product Code: ETC325945 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Thailand Fragrance Oil Market is experiencing growth due to the popularity of scented products across various industries. Fragrance oils are used in cosmetics, perfumes, candles, and home care products. With a focus on personal grooming and creating pleasant living spaces, consumers are increasingly looking for high-quality fragrance oils, both for personal use and gifting.
The Thailand Fragrance Oil Market is flourishing, driven by several key factors. Firstly, there is a rising demand for fragrance oils in various industries, including cosmetics, personal care, and home fragrance products. Consumers are increasingly seeking unique and appealing scents in their beauty and household products, leading to the adoption of fragrance oils. Secondly, the growth of the tourism and hospitality sectors in Thailand has boosted the demand for fragrances used in hotels, resorts, and spas. Additionally, the cultural significance of fragrances in Thai traditions and ceremonies contributes to the steady demand for fragrance oils in the local market.
The Thailand Fragrance Oil Market encounters challenges associated with consumer preferences and regulatory compliance. The market must continually adapt to evolving fragrance trends and consumer preferences. Additionally, complying with strict regulations on fragrance ingredients and labeling can be complex. Ensuring the safety and allergenicity of fragrance oils is paramount.
The Thailand fragrance oil market experienced fluctuations during the COVID-19 pandemic. With reduced social gatherings and events, there was a decline in the demand for fine fragrances and luxury perfumes. However, there was an uptick in the demand for home fragrances and aromatherapy products as people spent more time indoors. Manufacturers diversified their product offerings by introducing scented candles, diffusers, and essential oils to cater to the growing interest in creating comforting and pleasant home environments. The market also witnessed a focus on natural and sustainable fragrance oil options.
In the Thailand Fragrance Oil market, leading players include Lam Soon (Thailand) Public Company Limited, TropiClean Pet Products, and Thai Pure Fragrance Co., Ltd. These companies are known for their production of fragrance oils used in various applications, including personal care, home fragrance, and pet care. Their high-quality products have earned them top positions in the Thai fragrance oil 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 Fragrance Oil Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Fragrance Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Fragrance Oil Market - Industry Life Cycle |
3.4 Thailand Fragrance Oil Market - Porter's Five Forces |
3.5 Thailand Fragrance Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Fragrance Oil Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.7 Thailand Fragrance Oil Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Thailand Fragrance Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for natural and organic fragrance oils in Thailand |
4.2.2 Increasing disposable income leading to higher spending on luxury personal care products |
4.2.3 Rising awareness about aromatherapy and wellness benefits of fragrance oils |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Competition from counterfeit or low-quality fragrance oil products in the market |
4.3.3 Stringent regulations and compliance requirements for importing and selling fragrance oils in Thailand |
5 Thailand Fragrance Oil Market Trends |
6 Thailand Fragrance Oil Market, By Types |
6.1 Thailand Fragrance Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Fragrance Oil Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Fragrance Oil Market Revenues & Volume, By Natural, 2021-2031F |
6.1.4 Thailand Fragrance Oil Market Revenues & Volume, By Synthetic, 2021-2031F |
6.2 Thailand Fragrance Oil Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Thailand Fragrance Oil Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.3 Thailand Fragrance Oil Market Revenues & Volume, By Personal Care Products, 2021-2031F |
6.2.4 Thailand Fragrance Oil Market Revenues & Volume, By Household Products, 2021-2031F |
6.2.5 Thailand Fragrance Oil Market Revenues & Volume, By Others, 2021-2031F |
6.3 Thailand Fragrance Oil Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Thailand Fragrance Oil Market Revenues & Volume, By Direct (B2B), 2021-2031F |
6.3.3 Thailand Fragrance Oil Market Revenues & Volume, By Indirect (B2C), 2021-2031F |
6.3.4 Thailand Fragrance Oil Market Revenues & Volume, By Hypermarkets/Supermarkets, 2021-2031F |
6.3.5 Thailand Fragrance Oil Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.6 Thailand Fragrance Oil Market Revenues & Volume, By Modern Grocery Stores, 2021-2031F |
6.3.7 Thailand Fragrance Oil Market Revenues & Volume, By Online Stores, 2021-2031F |
7 Thailand Fragrance Oil Market Import-Export Trade Statistics |
7.1 Thailand Fragrance Oil Market Export to Major Countries |
7.2 Thailand Fragrance Oil Market Imports from Major Countries |
8 Thailand Fragrance Oil Market Key Performance Indicators |
8.1 Consumer engagement and satisfaction levels with fragrance oil products |
8.2 Number of new product launches and innovations in the fragrance oil market |
8.3 Adoption rate of fragrance oil products in spa and wellness centers in Thailand |
9 Thailand Fragrance Oil Market - Opportunity Assessment |
9.1 Thailand Fragrance Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Fragrance Oil Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.3 Thailand Fragrance Oil Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Thailand Fragrance Oil Market - Competitive Landscape |
10.1 Thailand Fragrance Oil Market Revenue Share, By Companies, 2024 |
10.2 Thailand Fragrance Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |