South Korea Calendula Oil Market was valued at USD 0.04 Billion in 2022 and is projected to reach USD 0.1 Billion by 2030, growing at a CAGR of 16.2% from 2024 to 2030.
The South Korea Calendula Oil Market is experiencing significant growth due to the increasing demand for natural ingredients in skincare and beauty products. Calendula oil, derived from marigold flowers, is known for its anti-inflammatory and soothing properties, making it highly sought after by industries such as cosmetics, pharmaceuticals, and personal care. As more consumers prioritize organic and herbal-based products, the market for Calendula oil is expanding rapidly in South Korea, driven by both domestic demand and exports.
The application of Calendula oil spans various industries. In the cosmetic industry, it is widely used for its skin-healing benefits, especially in treating conditions like eczema, acne, and dry skin. The oil is a key ingredient in creams, lotions, and serums due to its ability to promote skin regeneration and reduce irritation. Its anti-aging properties also make it popular in anti-wrinkle formulations. The pharmaceutical industry also recognizes the medicinal benefits of Calendula oil, using it in ointments and balms for wound healing and inflammation reduction.
South Korean industries are increasingly relying on Calendula oil to meet the rising consumer demand for safe, effective, and sustainable beauty and healthcare products. This trend is especially evident in the natural skincare sector, where Calendula oil’s gentle yet potent effects are highly valued. Moreover, the country's booming beauty market, which is one of the largest in the world, has created a strong requirement for high-quality Calendula oil sourced from reputable suppliers.
The growing preference for eco-friendly and organic products has put pressure on suppliers to meet high standards for purity and sustainability. As a result, Calendula oil is being produced under strict quality control measures to ensure that it is free from harmful chemicals and contaminants. The South Korean market also requires oils that are ethically sourced, as consumers are becoming more conscious about the environmental impact of their purchases.
In conclusion, the South Korea Calendula Oil Market is poised for continued growth as industries recognize the diverse applications of this versatile oil. From skincare products to pharmaceuticals, the demand for Calendula oil in South Korea is expected to rise as consumers increasingly prioritize natural and sustainable products. With its wide range of uses and benefits, Calendula oil is becoming a crucial ingredient in multiple industries, making it an important component of South Korea's beauty and healthcare sectors.
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Nutra Green Biotechnology Co.
Ltd.
Marigold
Herbs Egyp
Sydney Essential Oil Co
Lala Jagdish Prasad And Company
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Calendula Oil Market
Cold-pressed Calendula Oil
Infused Calendula Oil
Refined Calendula Oil
Skincare Products
Haircare Products
Medicinal Uses
Cosmetics
Aromatherapy
Online Retailers
Supermarkets/Hypermarkets
Health and Organic Stores
Pharmacies
Direct Sales
Individuals
Cosmetic Manufacturers
Pharmaceutical Companies
Food Industry
Pure Oil
Blended Oil
Concentrated Extracts
Emulsions
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Calendula Oil Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Calendula Oil Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Calendula Oil Market, By Type
6. South Korea Calendula Oil Market, By Application
7. South Korea Calendula Oil Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Calendula Oil Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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