China Lanolin Market Size & Outlook, 2023-2030
China lanolin market, 2018-2030 (US$M)
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China lanolin market highlights
- The China lanolin market generated a revenue of USD 38.3 million in 2023 and is expected to reach USD 52.8 million by 2030.
- The China market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, lanolin alcohol was the largest revenue generating product in 2023.
- Cholesterin is the most lucrative product segment registering the fastest growth during the forecast period.
Lanolin market data book summary
| Market revenue in 2023 | USD 38.3 million |
| Market revenue in 2030 | USD 52.8 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Lanolin alcohol |
| Fastest growing segment | Cholesterin |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, China accounted for 12.3% of the global lanolin market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China lanolin market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 23.0 million by 2030.
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Lanolin Market Scope
Lanolin Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 alcohol was the largest segment with a revenue share of 18.54% in 2023. Horizon Databook has segmented the China 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 pharmaceutical industry in China is modernizing at a fast pace to cater to the increased demand for pharmaceutical products in the aftermath of COVID-19 around the world. The country is focused on developing new formulations and drugs, with 40 products approved in 2023 compared to 12 in 2019, as per a report released by the National Medical Products Administration.
The pharma industry in the country is being supported by programs such as National Science and technology Major projects. These projects are being carried out by established firms such as CSPC Pharmaceutical Group and Qilu Pharmaceutical. The continued development of the pharma industry is expected to drive the usage of lanolin in China in the near future.
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Target buyers of China 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 country-level data and insights on the China lanolin market , including forecasts for subscribers. This country databook contains high-level insights into China lanolin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China lanolin market size, by product, 2018-2030 (US$M)
China Lanolin Market Outlook Share, 2023 & 2030 (US$M)
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