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Camphor Market By Type (Powder, Tablets, Oils); By End User (Pharmaceuticals, Agriculture, Chemicals Industry, Food industry and Others) - Global Historical Growth (2012-2016) & Future Outlook (2017-2027) Demand Analysis & Opportunity Evaluation

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Extensive insights into the Growth of Camphor Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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Camphor Market Overview

Camphor is transparent solid flammable compound with odorant fragrance. Basically it is obtained from the tree i.e. Camphor laurel tree which is also known as the kapur tree a large evergreen tree found in Asia. Moreover, camphor can be produced synthetically from the turpentine oil derived from the rosin. Sublimation properties give its several uses. It is used plasticizer in nitrocellulose and raw material for fireworks. Camphor is mainly used in pharmaceutical sector to produce medicines for the skin infection, cough and others. It is also widely for holy purpose in India. Further high level of camphor can be toxic and hence causes several health hazards.

Market Size and Forecast

Global camphor market is anticipated to grow at a CAGR of 7.9% over the forecast period. Factor such as the growing demand of the camphor in making medicine for different type of diseases is expected to drive the growth of the camphor market in upcoming years. Due to good chemical properties it has wide range of application in various end user industries such as pharmaceuticals, food, agriculture and chemical among several others. It is also used for making ointments with vapor for treating cough and chest congestion. Rising demand of camphor for the ointments is anticipated to drive the growth fo0 the market.

In the regional market   Asia Pacific accounted for the highest percentage of market share in the regional platform and is expected to continue its dominance over the forecast period. Factor such as rising demand of camphor for treatment for the different type of diseases is expected to directly the effects the growth of market. India is place where large number of holy places. Camphor is also used during prayer of god in Hindu religion. This factor is expected to foster the growth of the camphor market in upcoming years.CLICK TO DOWNLOAD FREE SAMPLE

Camphor Market

North America is prominent market of camphor is expected to witness of high growth rate over the forecast period. Increasing population leading to to high growth of food and pharmaceutical is major factor which drive the growth of the camphor market. The market is mainly expanding on the back of the growth and expansion of pharmaceutical industries in the region..

Further Europe is expected to grow at a significant CAGR over the forecast period. Rising Advancement and research activity to increases application for camphor is expected to offer large number of opportunities in the camphor market.

Market Segmentation

Our in-depth analysis has segmented global camphor market into the following segments:

By Form

  • Powder
  • Tablets
  • Oil

By Application

  • Pharmaceuticals
  •  Agriculture
  • Chemicals Industry
  • Food industry
  • Others

By Region

Global Camphor market is further classified on the basis of region as follows:

  • North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis.

Growth Drivers & Challenges

Camphor has wide range of application in pharmaceutical. It is used for medicinal purposes for the treatment of toenail, warts, cold sores, hemorrhoids, osteoarthritis, congestion, cough, and skin infections. Generally in pharmaceutical it is used in the form of oil. It also can be used as antiseptic germicides and others. Further, proper dosage of camphor cure the health and high can be cause of serious problem due some toxic nature. These factors are opening a gateway of opportunities for the growth of the camphor market.

Apart from this, camphor finds their use in several end user industries such as   agriculture, food, chemical, pharmaceutical and others.  The growing demand of camphor in pharmaceutical industries is expected to positively impact the growth of camphor market during the forecast period. As population is increasing worldwide the demand of the food product is also increases which predicted to trigger the growth of camphor market during the forecast period.

 In contrast, high flammability nature of the camphor is anticipated to negatively impact the growth of the dimethyl camphor market during the forecast period.

Key Players

  • Camphor & Allied Products Ltd.
    • Company Overview
    • Key Product Offerings
    • Business Strategy
    • Swot Analysis
    • Finacials 
  • Taiwan Tekho Camphor Co., Ltd
  • Indukern Internacional
  • The Ji'An Cedar Fine Chemical Co., Ltd.
  • Hiya International
  • Saptagir Camphor Ltd.
  • Mangalam Organics Limited
  • Other Prominent Player

Scope and Context

Overview of the Parent Market

Analyst View


The camphor market is segmented as follows:

  • By Form Market Size & Y-O-Y Growth Analysis
  • By End User Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

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