According to a new report, published by KBV research, The Global Patchouli Oil Market size is expected to reach $55.1 million by 2030, rising at a market growth of 3.9% CAGR during the forecast period. In the year 2022, the market attained a volume of 471.1 Tonnes, experiencing a growth of 3.6% (2019-2022).
The Light segment is leading the Global Patchouli Oil Market, by Type in 2022, achieving a market value of $37 million by 2030. Light patchouli oil is known for its milder, sweeter, and more floral aroma than darker variants. Many consumers prefer this lighter aroma in perfumery, cosmetics, and aromatherapy products. As consumer preferences evolve towards lighter and more versatile fragrances, the demand for light patchouli oil grows. Light patchouli oil is reaching a broader range of products beyond traditional perfumes and cosmetics. It is used in candles, air fresheners, detergents, and various household products.
The Cosmetics & Personal Care segment is growing at a CAGR of 3.3 % during the forecast period. Consumers increasingly seek natural and organic ingredients in their cosmetic and personal care products. Patchouli oil is a natural essential oil known for its earthy and exotic fragrance. It is free from synthetic chemicals and aligns with the clean and green beauty trend, making it a popular choice for cosmetics and personal care formulations. As consumers look for products that offer multiple skin benefits, patchouli oil becomes an attractive ingredient.
The Europe region dominated the Global Patchouli Oil Market, by region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $20.7 Million by 2030. The Asia Pacific region is anticipated to grow CAGR of 4.6% during (2023 - 2030). Additionally, The North America region would witness CAGR of 3.7% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/patchouli-oil-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Takasago International Corporation, Van Aroma, Ultra International B.V., PT Indesso, Symrise AG, Sensient Technologies Corporation, Givaudan S.A, International Flavors & Fragrances, Inc., DSM-Firmenich and NOW Health Group, Inc.
By Type (Volume, Tonnes, USD Million, 2019-2030)
By Application (Volume, Tonnes, USD Million, 2019-2030)
By Geography (Volume, Kilo Tonnes, USD Million, 2019-2030)
Companies Profiled
Unique Offerings 
