As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global tamanu oil industry is being aided by the growth of the cosmetic and personal care sector. The growing consumer awareness regarding skin care is the major factor contributing to the growth of the tamanu oil industry. The consumers are looking for natural products to enhance their skin health. The active compounds present in tamanu oil make it ideal to be used in various skin care formulations. The rising preference for clean labelled and organic products is compelling manufacturers to use natural ingredients like tamanu oil in cosmetic products, thus, aiding the industry growth. Tamanu oil-based cosmetic products are sometimes combined with other ingredients like olive oil or shea butter to further enhance their properties. Region-wise, besides North America, Europe and the Asia Pacific are expected to significantly contribute to the market growth over the forecast period. Within Europe, the rapidly growing organic market is the major factor contributing to the growth of the industry.
Apart from its use as a massage oil and skin moisturiser, tamanu oil has traditionally been used to treat various skin injuries such as burns, insect bites, and others owing to its healing properties and antibacterial nature. The growth of the e-commerce industry and the easy availability of tamanu oil through online platforms like Amazon.com, Inc. (NASDAQ: AMZN) and Alibaba Group Holding Ltd (NYSE: BABA) are expected to significantly contribute to the market growth over the forecast period.
Market Breakup by Nature, Type, Application, Distribution Channel, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global tamanu oil market are US Organic Group Corp., NOW Health Group, Inc., Mountain Rose Herbs, and Henry Lamotte Oils GmbH, 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.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.