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Rosemary aromatic water is the aromatic water obtained via the distillation of the flowering tops of rosemary. It is known to have excellent purifying and toning properties. Based on application, the cosmetic sector occupies a significant share in the industry and is expected to witness a further growth in the forecast period owing to the increasing consumer inclination towards plant based and natural products. The growing per capita expenditure on skincare and cosmetic products in developing regions like the Asia Pacific is expected to provide enhanced growth opportunities to the market. Moreover, the growing awareness regarding the health benefits offered by rosemary aromatic water is driving its demand in the healthcare sector; thus, further propelling the industry growth.
With the rising health concern, the demand for products which do not contain animal-derived ingredients has increased, which is propelling the manufacturers to produce GMO-free aromatic water. This is expected to aid the industry growth. Further, the expanding distribution channel and the growth of the retail sector are also contributing to the industry growth. The easy availability of rosemary aromatic water through retail channels like Walmart Inc (NYSE: WMT) and Amazon.com, Inc. (NASDAQ: AMZN) is expected to positively influence the market expansion. Also, the online platforms provide various coupons and discount offers to the consumers, which is anticipated to enhance the online sales of the product. Such developments are expected to aid the industry growth in the forecast period.
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The major players in the global rosemary aromatic water market include Kleraderm Srl, L’Erbolario Srl, Neal's Yard (Natural Remedies) Limited, and Fragrant Earth Organics Ltd., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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