Report Code: A07069 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Rose Oil Market
Request Now !Rose oil is an essential oil obtained from rose petals by steam distillation, extraction of solvents, or extraction of critical carbonic acid gas. It is commonly used in aromatherapy to reduce stress and stimulate circulation. It is used in most perfumes. It is also used for skin treatment, remedy, and aromatherapy, as well as having anti-viral and disinfectant homes equitable to its fragrance, making it more intense compared to various vital redolent oils. The antioxidant properties present in this oil help to reduce the signs of skin aging.
Rose oil is part of the cosmetic industry that is widely used by consumers to improve the skin tone. Social limitations and lockdown policies have decreased the consumer demand for lifestyle and wellness products, thus affecting the growth of the market. In addition, manufacturers around the globe had to shut down their production units due to labor shortage because of the pandemic.
Rise in disposable income among consumers to buy skincare products regardless of cost is expected to impact the growth of the rose oil market over the coming years.
Rise in spending of consumers on perfumes and personal care products in the developing countries creates a growth opportunity for the growth of the rose oil market.
Improper alignment between supply and demand, since the majority of oil-producing rose species, is cultivated in a few countries, and the high price of rose oil, compared to other essential aromatic oil, is expected to hinder the growth of the rose oil market during the forecast period.
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Questions Answered in the Rose Oil Market Research Report:
Rose Oil Market Report Highlights
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Key Market Players | Alteya Organics, LLC;, Givaudan SA;, Ernesto Ventos SA;, Firmenich International SA;, Robertet SA;, International Flavors & Fragrances Inc.;, Symrise AG;, V. MANE FILS SA;, Sigma-Aldrich, Inc.;, BERJÉ INC. |
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