Product Code: ETC091367 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia musk market is growing rapidly due to the increasing demand for natural fragrances and aromas. The rising middle class population, increasing disposable incomes, and expanding organized retail sector are driving the growth in this industry. In addition, an increase in awareness among people about health benefits of using organic products has been boosting sales of musk products in Indonesia. Moreover, the presence of prominent local players such as Sari Ayu and Myangkok are providing a competitive edge to Indonesia musk market.
Increasing demand for musk-based products due to its natural properties and scent. Growing popularity of Indonesia musk products among global consumers, especially in the United States, Europe, Japan and other Southeast Asian countries. Rising trend of eco-friendly and cruelty-free cosmetics and fragrances with musk as an ingredient being promoted by both local brands and international companies operating in Indonesia. Expansion of online retail channels selling Indonesia musk products to meet consumer needs globally on a larger scale than ever before.
Growing awareness about the benefits of using natural ingredients, including the scent from Indonesia musks like Ambrette Seed Oil (Ambroxan). Rapid economic growth in Indonesia resulting in increased spending power enabling more people to purchase premium beauty product such as perfumes with expensive ingredients like those found in Indonesia Musk oils/fragrances. Promotional activities from leading brands that are utilizing digital marketing strategies to reach out to potential customers worldwide who may be interested in trying their unique range of products containing natural scents derived from Indonesinan Musk sources. Increased collaborations between local producers & distributors with foreign partners looking for exclusive distribution rights to market these goods abroad.
The COVID-19 pandemic has had a major impact on Indonesia economy with its associated lockdown measures which have led to disruption across various industries including the musk industry. This has caused a significant dip in sales as consumers focus more on essential items than luxury goods during such times. However, with relaxation of restrictions after June 2025, there has been some slow recovery observed within this segment which is expected to pick up further over time as consumer sentiment improves post pandemic situation.
Challenges faced by the Indonesia Musk Market include lack of availability of raw materials needed for production process due to limited resources available locally as well as rising costs involved with imports from other countries; lack of adequate infrastructure leading to higher logistics costs; stiff competition posed by cheaper synthetic versions; difficulties faced by small scale producers who do not possess enough resources or expertise required for product innovation etc., all these factors restraining market growth potential going forward.
Key Players operating within Indonesia Musk Market include but are not limited to Sari Ayu, Myangkok, Kasturi, Popo Perfume House, Aromatic Fragrance etc.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Musk Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Musk Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Musk Market - Industry Life Cycle |
3.4 Indonesia Musk Market - Porter's Five Forces |
3.5 Indonesia Musk Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia Musk Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Musk Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Musk Market Trends |
6 Indonesia Musk Market, By Types |
6.1 Indonesia Musk Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Musk Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 Indonesia Musk Market Revenues & Volume, By Natural Musk, 2018 - 2031F |
6.1.4 Indonesia Musk Market Revenues & Volume, By Artificial Musk, 2018 - 2031F |
6.1.5 Indonesia Musk Market Revenues & Volume, By Synthetic Musk, 2018 - 2031F |
6.2 Indonesia Musk Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Musk Market Revenues & Volume, By Pharmacology, 2018 - 2031F |
6.2.3 Indonesia Musk Market Revenues & Volume, By Household Chemicals, 2018 - 2031F |
7 Indonesia Musk Market Import-Export Trade Statistics |
7.1 Indonesia Musk Market Export to Major Countries |
7.2 Indonesia Musk Market Imports from Major Countries |
8 Indonesia Musk Market Key Performance Indicators |
9 Indonesia Musk Market - Opportunity Assessment |
9.1 Indonesia Musk Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia Musk Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Musk Market - Competitive Landscape |
10.1 Indonesia Musk Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Musk Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |