Europe Lanolin Market Size & Outlook, 2023-2030
Europe lanolin market, 2018-2030 (US$M)
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Europe lanolin market highlights
- The Europe lanolin market generated a revenue of USD 103.2 million in 2023.
- The market is expected to grow at a CAGR of 3.6% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 103.2 million |
| Market revenue in 2030 | USD 132.5 million |
| Growth rate | 3.6% (CAGR from 2023 to 2030) |
| Largest segment | Lanolin alcohol |
| 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, Europe region accounted for 33.1% 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 |
|---|
Europe 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 19.48% in 2023. Horizon Databook has segmented the Europe 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.
Cosmetics & personal care was one of the leading industries in Europe with sales worth USD 104.4 billion in 2023, according to Cosmetics Europe Personal Care Association. This industry has a huge customer base of around 500 million, having a comparatively higher disposable income level than the world average. This has rendered it to be a leading consumer of lanolin used as emollients in baby care products such as shampoos and moisturizers.
The growth in the industry is further fueled by the increasing expenditure on research and development activities in countries such as Germany, France, and Italy, reaching a figure of USD 48.4 billion in 2022. This growth in the pharmaceutical industry is expected to become a major driver for the lanoline market in Europe.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe lanolin market , including forecasts for subscribers. This continent databook contains high-level insights into Europe lanolin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe lanolin market size, by country, 2018-2030 (US$M)
Europe Lanolin Market Outlook Share, 2023 & 2030 (US$M)
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