UK Lanolin Market Size & Outlook, 2023-2030
UK lanolin market, 2018-2030 (US$M)
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UK lanolin market highlights
- The UK lanolin market generated a revenue of USD 7.3 million in 2023 and is expected to reach USD 9.8 million by 2030.
- The UK market is expected to grow at a CAGR of 4.2% 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.
Lanolin market data book summary
| Market revenue in 2023 | USD 7.3 million |
| Market revenue in 2030 | USD 9.8 million |
| Growth rate | 4.2% (CAGR from 2023 to 2030) |
| Largest segment | Lanolin fatty acid |
| 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, UK accounted for 2.4% of the global lanolin market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany lanolin market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 25.7 million by 2030.
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Lanolin Market Scope
Lanolin Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 21.92% in 2023. Horizon Databook has segmented the UK 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 UK has an established pharmaceutical industry, which uses lanoline in pharmaceutical offerings such as over-the-counter skin ointments owing to its antimicrobial and disinfectant properties. According to the Association of the British Pharmaceutical Industry, the UK pharma industry accounted for a turnover of USD 60.5 billion in 2022, with over 3,000 manufacturing and research centers around the country.
The UK government has taken initiatives to invest in research & development activities in the country, accounting for a total investment of USD 11.7 billion in the pharmaceutical sector. The growth in the pharma industry has aided increasing demand for lanolin in post-Covid-19 environment and government efforts have led to the pharma industry in becoming a major driving force for the lanoline consumption in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK lanolin market , including forecasts for subscribers. This country databook contains high-level insights into UK lanolin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK lanolin market size, by product, 2018-2030 (US$M)
UK Lanolin Market Outlook Share, 2023 & 2030 (US$M)
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