Sweet smell of success: New markets will spur demand for industry products

IBISWorld’s Essential Oil Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.


Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Annual Growth
Annual Growth

Industry Threats & Opportunities

  • A growing consumer shift to natural, ecofriendly products has contributed to revenue growth
  • Imports have grown strongly as consumers search for exotic essential oils
  • Industry operators are expected to continue expanding into new markets

  • shopping_cartBUY NOW TO READ MORE

    Industry Analysis & Industry Trends

    Favorable shifts in consumer demand and market expansion have helped the Essential Oil Manufacturing industry thrive in the current five-year period. Disposable income has increased, which has contributed to growth in demand from several key industries, including soap manufacturers, cosmetic and beauty product manufacturers and cleaning product manufacturers. In the coming years, the industry is expected to grow steadily. Key downstream markets are expected to continue to demand industry products, while operators seek to establish a presence in the medical and homeopathic markets...

    shopping_cartBUY NOW TO READ MORE

    Industry Report - Industry Analysis Chapter

    Improvements in consumer disposable income have driven growth for the Essential Oil Manufacturing industry in the five years to 2016. The industry experienced wavering demand early on in the period, when downstream markets were still amid a sluggish recovery from the decade’s previous lows. Renewed growth in per capita disposable income, however, has gradually boosted purchases of discretionary products such as beauty products and cosmetics, many of which use essential oils. As a result, industry revenue surged by 6.1% in 2014, while demand from downstream markets like cosmetic and beauty product manufacturing and soap and cleaning compound manufacturing each experienced strong recovery in 2015. The..

    shopping_cartBUY NOW TO READ MORE

    Additional Insights for the Essential Oil Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Essential Oil Manufacturing Industry are

  • Degree of globalization in the firm
  • Ability to accommodate environmental requirements
  • Must comply with government regulations
  • IBISWorld analysts also discuss how external factors such as Trade-weighted index and Demand from soap and cleaning compound manufacturing in the Essential Oil Manufacturing industry impact industry performance..

    shopping_cartBUY NOW TO READ MORE

    Look under the hood?

    Download a FREE sample report

    Industry Products

    What is the Essential Oil Manufacturing Industry?

    The Essential Oil Manufacturing industry develops and produces concentrated hydrophobic liquids that contain aroma compounds from plants. An oil is “essential” in the sense that it carries a distinctive scent or essence of a particular plant. This industry does not include products manufactured for medical, pharmacological or culinary purposes.

    Industry Products
    Camphoraceous and other
    Industry Activities
    Manufacturing grapefruit oil
    Manufacturing lemon oil
    Manufacturing orange oil
    Manufacturing citronella oil
    Manufacturing peppermint oil
    Manufacturing eucalyptus oil
    Manufacturing spearmint oil
    Manufacturing other essential oils

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Trade-weighted index
  • Demand from soap and cleaning compound manufacturing
  • Demand from cosmetic and beauty products manufacturing
  • Per capita disposable income

  • Current Performance
  • Shifts in consumer demand
  • New markets
  • Import penetration
  • Profit stability
  • Chart: Revenue Growth

  • Industry Outlook
  • Growing markets
  • Looming threats
  • A bright future
  • Table: Essential Oil Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Essential Oil Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Cosmetic & Beauty Products Manufacturing
  • Beauty, Cosmetics & Fragrance Stores
  • Health Stores
  • Department Stores
  • Consumers

  • Key Selling Industries
  • Organic Chemical Manufacturing
  • Oxygen & Hydrogen Gas Manufacturing
  • Petrochemical Manufacturing
  • Plant & Flower Growing

  • Products & Services
  • Citrus
  • Floral
  • Herbaceous
  • Camphoraceous and other
  • Chart: Essential Oil Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Exports
  • Personal care product manufacturers
  • Aromatherapy providers
  • Household product manufacturers
  • Chart: Major Market Segmentation for the Essential Oil Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Essential Oil Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Essential Oil Manufacturing Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Essential Oil Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Essential Oil Manufacturing Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Per capita disposable income (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
  • A branch of biology that focuses on the scientific study of plants.
  • Camphoraceous
  • A category of white or colorless ketones obtained from wood or synthesized from pinene.
  • Distill
  • The process by which the aromatic essence of a particular plant is extracted.
  • Therapeutic Grade Essential Oil
  • An unregulated term that applies to essential oils used in medical aromatherapy.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Essential Oil Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Essential Oil Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Essential Oil Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Join IBISWorld today

    Contact Us

    Want to speak to a representative? Call us.