Download FREE Report Sample
Download Free sampleThe global Essential Oil and Floral Water market was valued at 1076.23 Million USD in 2021 and will grow with a CAGR of 4.03% from 2021 to 2027.
The prime objective of Essential Oil and Floral Water Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Essential Oil and Floral Water Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
An essential oil is a concentrated hydrophobic liquid containing volatile (easily evaporated at normal temperatures) chemical compounds from plants. Essential oils are also known as volatile oils, ethereal oils, aetherolea, or simply as the oil of the plant from which they were extracted, such as oil of clove. Floral water is obtained by the same process as the essential oil, namely by steam distillation of water.The top four global producers of essential oils and flowers by 2019 are Young Life, DTERRA, L `Occitan and Clarin, with a combined global market share of around 15%. Essential oil and floral water includes essential oil and floral water. among them, essential oil occupies the main market share, and it occupied 85% approximately of the entire value market in 2019. The sales of essential oil and floral water are mainly carried out through offline channels, of which specialist retailers and factory outlets account for about 40% and 20% of the market respectively in 2019. However, internet sales will grow rapidly in the future. With the mature development of e-commerce networks, online sales will greatly improve efficiency and reduce costs. Especially after the outbreak of Covid-19 in 2020, more and more international brands are turning their channels online.
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