The global camphor market is anticipated to grow at a considerable CAGR of 7.2% during the forecast period (2024-2031). India has a huge potential in the camphor market due to its traditional connections. Camphor is widely used in several mythological rituals in the country which is the major factor driving the market growth in India. It is used directly in the form of tablets as well as fragrance agents in essence sticks, sacrificial fuel, and others. India is known as a nation of festivals, thus several mythological rituals are performed throughout the year which will keep the demand for camphor consistent during the forecast period. The majority of the camphor demand of the nation is satisfied through the domestic production of camphor. This report will further provide an in-depth analysis of all the factors that are directly or indirectly impacting the market growth of camphor.
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Market Coverage
- Segment Covered-
o By Form
o By End User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- including Camphor & Allied Products Ltd., Patanjali Ayurved, Saptagir Camphor Ltd., Taiwan Tekho Camphor Co., Ltd., Palm Organix Co., Fujian Qingsong Co. Ltd., Benefont, and others.
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Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Camphor Market Report Segment
By Form
- Powder
- Oil
- Tablets
By End User
- Pharmaceutical
- Food & Beverage
- Agrochemical
- Cosmetics & Personal Care
- Chemical
- Others
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