Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Tea Tree Oil Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Tea Tree Oil Market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Tea
Tree Oil Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global Tea Tree Oil Market is offered. In accordance with the report, the global
Tea Tree Oil Market is projected to
expand by healthy CAGR over the period
of forecast.
Market Insight, Drivers, Restraints,
Opportunity & Trends of the Market:
Definition
Tea
Tree Oil is derived from the leaves of the tea tree plant. The biological name
of the tea tree plant is melaleuca alternifolia. The tea tree plant is
basically found in South Wales and Queensland in Australia. This plant has a
paper-like whitish bark and a bushy crown. The leaves of this plant are
arranged alternatively and is scattered. During packaging especially for
commercial purpose, tea tree oil is not diluted. However, according to the end
user’s preference, these products are available in diluted form for the
personal care and cosmetics industry, pharmaceutical industry and FMCG
industries.
Market Drivers
Tea
tree oil is primarily demanded in the pharmaceutical industry owing to the
composition of a variety of health medicating properties in these products. The
deployment of these medicinal oil aids in the treatment of skin cancer,
prevents the development of AIDs and cancerous tumors. This oil has the
capability of killing certain strains of viruses, bacteria and fungi. The
medical and healthcare industry is fueling the demand for tea tree oils owing
to its antifungal, antibacterial and antiseptic properties.
The
upsurge in personal care and cosmetics plays a pivotal role in bolstering the
growth of the tea tree oil market. Tea tree oil is highly demanded in this
personal care sector owing to its employment in hair care range, skin care
range, soaps, perfumes and many more. Its antiseptic properties are primarily
utilized in the personal care and cosmetics industry. Now-a-days consumers are
increasingly preferring the use of organic and natural-based ingredients in
their personal care regimen. This in turn is propelling the growth of the tea
tree oil market.
Market Restraints
The
use of tea tree oil can lead to several health concerns especially in case of
pets (being fatal for them). This medicinal oil can be absorbed by the skin and
transmitted to liver. Lack of coordination, tremors, weaknesses and vomiting
are some of the potential symptoms of the adverse influence of tea tree oil.
This is impeding the growth of the tea tree oil market.
The
lack of obtainability of tea tree oil is another factor threatening the growth
of this market. Its limited supply on account of its availability only in
Australia surges its price. Other environmental challenges are cumbering the
growth of this market.
The
availability of substitutes of tea tree oil in the form of other natural oils
which are of reasonable price and not adverse to health in case of consumption
apart from external use is hindering the growth of the tea tree oil.
Opportunities
Rising
health awareness of the people with regard to their outlook and the use of
organic and natural based personal care products which is likely to provide
untapped market opportunities for the tea tree oil market.
Further,
the prosperous healthcare and medical sector is providing ample opportunities
for the employment of tea tree oil because of its medicinal properties.
Trends
In
terms of region, the tea tree oil is segmented into North America, Latin
America, Europe, Asia Pacific, Middle East and Africa. The North America region
and Europe region dominates the market for tea tree oil and is expected to
continue its domination in the forecast period. The widespread consumers for
personal care and cosmetics product of natural and organic origin are a major
factor determining the growth of this market in this region. Asia Pacific is
projected to emerge as the fastest growing region in this market. Such growth
is attributable to the ever-widening demand for cosmetics products of
green-label and the increasing employment of tea tree oil in the pharmaceutical
industry. Globally, the tea tree oil is estimated to grow at a CAGR of 9.1% in
the forecast period.
Segment Covered:
This market
intelligence report on the global Tea Tree Oil Market encompasses market segments based on application, end
user, grade and country.
By Application
the global Tea Tree Oil Market has been divided into:
q Industrial
Application
q Therapeutic
Application
q Cosmetics
and Toiletries Application
By End User the global Tea Tree Oil
Market has been divided into:
q Pharmaceutical
Companies
q Cosmetic
Companies
q FMCG
Manufacturers
q Others
By Grade the global Tea Tree Oil Market has been divided into:
q Therapeutic Grade
q Pharma/Cosmetic Grade
By country/region,
the global Tea Tree Oil Market has been divided into:
q North
America (the U.S., Canada),
q Latin
America (Brazil, Mexico, Argentina and other countries),
q Europe
(Germany, France, the U.K., Spain, Italy, Russia, and other countries),
q Asia
Pacific (India, Japan, China, Australia and New Zealand and other countries),
q Middle
East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
q Young
Living Essential Oils
q Oshea
Organic
q Jenbrook
Pty Ltd
q NOW
Foods
q Oribi
Oils Pty Ltd
q NATURES
REMEDIES
q AOS PRODUCTS
PVT. LTD.
q Naturally
Australian Tea Tree Oil Pty Ltd
q Xi’an
Natural Field Bio-Technique Co Ltd
q New
Zealand Coromandel Mountains Tea Tree Oil Company Ltd
others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as Tea Tree Oil Market related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Few Recent Developments
Young Living Essential Oils
In July 2019, an
announcement was made by Young Living Essential Oils with regard to its
acquisition by Nature’s Ultra.
Oshea Organic
In July 2019,
Tea Tree Pure Essential Oils was launched by Oshea Organic. This product found
its application in hair and skin concerns.
Jenbrook Pty Ltd
In June 2018, an
announcement was made by EVE Investments with regard to its acquisition of
Jenbrook Pty Ltd for $2.9 million.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Tea Tree Oil
Market, size of the market (US$ Mn), and Compound
Annual Growth Rate (CAGR (%)) for the period of forecast: 2020-2028, taking
into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Tea Tree Oil Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of Type of models, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Tea Tree Oil caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Tea
Tree Oil Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Tea Tree Oil Market
v
Identification
of key factors driving investment opportunities in the Tea Tree Oil
Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants