Asia Pacific Jojoba Oil Market Size & Outlook, 2022-2030
Asia Pacific jojoba oil market, 2018-2030 (US$M)
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Asia Pacific jojoba oil market highlights
- The Asia Pacific jojoba oil market generated a revenue of USD 30.3 million in 2022.
- The market is expected to grow at a CAGR of 7.9% from 2023 to 2030.
- In terms of segment, cold pressed was the largest revenue generating type in 2022.
- Cold Pressed is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 30.3 million |
| Market revenue in 2030 | USD 55.7 million |
| Growth rate | 7.9% (CAGR from 2022 to 2030) |
| Largest segment | Cold pressed |
| Fastest growing segment | Cold Pressed |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cold Pressed, Refined |
| Key market players worldwide | Ecolab Inc, Nutrix International, Opawica Explorations Inc, Jojoba Desert, Lubricantes Inca, US Organic Group |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 23.1% of the global jojoba oil market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 86.3 million by 2030.
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Jojoba Oil Market Scope
Jojoba Oil Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific jojoba oil market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to jojoba oil market will help companies and investors design strategic landscapes.
Cold pressed was the largest segment with a revenue share of 65.68% in 2022. Horizon Databook has segmented the Asia Pacific jojoba oil market based on cold pressed, refined covering the revenue growth of each sub-segment from 2018 to 2030.
Market growth can be attributed to rapidly flourishing cosmetics and personal care industry. Improved lifestyle, increased consumer spending along with growing inclination towards natural and organic products is expected to drive the demand for jojoba oil over the forecast period.
The region is home to some of the major cosmetics and personal care markets including South Korea, Japan, India and China. The Korean skin care and cosmetics industry is developed, highly fragmented, and faces intense competition, with brands constantly investing in R&D activities to develop new products.
Beauty is an important aspect in South Korean culture; hence consumers exhibit high knowledge regarding cosmetics products and have very high standards for the same. Therefore, cosmetics companies are under pressure to develop innovative and high quality products.
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Target buyers of Asia Pacific jojoba oil market databook
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Our clientele includes a mix of jojoba oil market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific jojoba oil market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific jojoba oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific jojoba oil market size, by country, 2018-2030 (US$M)
Asia Pacific Jojoba Oil Market Outlook Share, 2022 & 2030 (US$M)
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