Published Date: 28-Jul-2022
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According to a new report, published by KBV research, The Global Geranium Oil Market size is expected to reach $120.2 million by 2028, rising at a market growth of 6.4% CAGR during the forecast period.
The Organic segment is showcasing a CAGR of 9.4% during (2022 - 2028). Due to the blossoms of Pelargonium graveolens are steam distilled to produce organic geranium essential oil. This floral middle note is well-known for its relaxing and balancing qualities in skin care. Geranium is noted for its sweet, persistent floral aroma and is frequently substituted for rose oil in rose-like blends. When distilled, geranium produces more oil than rose.
The Aromatherapy segment acquired maximum revenue share in the Global Geranium Oil Market by Application in 2021, thereby, achieving a market value of $48.3 Million by 2028. Geranium oil has been shown to improve blood circulation just beneath the skin surface, allowing acne scars, skin irritations, and other lesions to heal faster. It also assists in reducing skin tissue irritation. It can also be included in body washes, face cleansers, and moisturizers to aid with skin restoration.).
The Specialty Stores segment has shown growth rate of 8% during (2022 - 2028). Due to the dedicated stores opened for the geranium oil which provides natural and organic with the guarantee of purity. A specialty store is a store that specializes in selling a single product or a small range of products. Specialty stores are usually retail establishments that specialize in a single product category.
The Europe market dominated the Global Geranium Oil Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $40.9 Million by 2028. The North America market is estimated to witness a CAGR of 5.9% during (2022 - 2028). Additionally, The Asia Pacific market would experience a CAGR of 7.1% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/geranium-oil-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Floral Essential Oil, Berjé, Inc., De Monchy Aromatics Ltd., VISAGENICS, Mother Herbs (P) Ltd., Sva Organics (Sri Venkatesh Aromas), Firmenich S.A., and Young Living Essential Oils LC.
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