Asia Pacific Lanolin Market Size & Outlook, 2023-2030
Asia Pacific lanolin market, 2018-2030 (US$M)
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Asia Pacific lanolin market highlights
- The Asia Pacific lanolin market generated a revenue of USD 106.8 million in 2023.
- The market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, lanolin fatty acid was the largest revenue generating product in 2023.
- Cholesterin is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 106.8 million |
| Market revenue in 2030 | USD 147.1 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Lanolin fatty acid |
| Fastest growing segment | Cholesterin |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lanolin Alcohol, Cholesterin, Isopropyl Lanolate, Laneth, Lanogene, Lanosterols, Quaternium 33, PEG-75, Lanolin Fatty Acid |
| Key market players worldwide | Basf SE, The Lubrizol Corp, Imperial Brands PLC, Nippon Chemical Industrial, Lanotec, Croda International PLC, Esperis, Rolex Lanolin |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 34.2% of the global lanolin market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 147.1 million by 2030.
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Lanolin Market Scope
Lanolin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific lanolin 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 lanolin market will help companies and investors design strategic landscapes.
Lanolin fatty acid was the largest segment with a revenue share of 18.07% in 2023. Horizon Databook has segmented the Asia Pacific lanolin market based on lanolin alcohol, cholesterin, isopropyl lanolate, laneth, lanogene, lanosterols, quaternium 33, peg-75, lanolin fatty acid covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia-Pacific region has emerged as a significant consumer of lanolin, with the pharmaceutical industry playing a pivotal role in driving the demand for this versatile natural ingredient. Rising temperatures in the region have also increased the demand for lanolin in various applications, further solidifying its significance in the pharmaceutical and personal care industries.
The increasing middle class populations in China, India, and Vietnam have widened the customer base for these industries. According to the L’Oréal 2023 annual report, the number of upper middle class and middle class consumers are expected to increase in Asia by 460 million. This development has paved the way for growth in the Asia Pacific market over the forecast period.
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Target buyers of Asia Pacific lanolin market databook
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Our clientele includes a mix of lanolin market companies, investment firms, advisory firms & academic institutions.
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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 lanolin market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific lanolin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific lanolin market size, by country, 2018-2030 (US$M)
Asia Pacific Lanolin Market Outlook Share, 2023 & 2030 (US$M)
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