Product Code: ETC081584 | 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 | |
The Thailand Lavender oil Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 3.92% in 2025 and reaches 12.88% by 2029.
By 2027, Thailand's Lavender oil market is forecasted to achieve a growing growth rate of 6.27%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The lavender oil market in Thailand has seen significant growth in recent years, owing to the increasing popularity of aromatherapy, natural skincare products, and the use of essential oils in the wellness industry. Lavender oil, derived from the lavender plant, is well-known for its calming and soothing properties, making it a sought-after ingredient in various personal care items, such as perfumes, lotions, and massage oils. Additionally, the rising trend of using natural and organic products has further propelled the demand for lavender oil in both domestic and international markets. Thailand favorable climate for lavender cultivation has positioned the country as a key player in the global lavender oil market.
Several factors have driven the growth of the lavender oil market in Thailand. Firstly, the increasing awareness of the benefits of aromatherapy and the use of essential oils for relaxation and stress relief have led to a surge in demand for lavender oil. The popularity of spa and wellness services in Thailand has also contributed to the increased use of lavender oil in massage and skincare treatments. Moreover, the growing preference for natural and plant-based skincare products has created opportunities for lavender oil as a key ingredient in the beauty and cosmetics industry. Thailand abundant lavender production and competitive pricing have further supported market growth.
While the lavender oil market in Thailand shows promising growth, it also faces certain challenges. One of the primary hurdles is the competition from other major lavender oil-producing countries, such as France and Bulgaria. These countries are renowned for their high-quality lavender oil, which can impact Thailand market share in the global lavender oil trade. Additionally, maintaining consistent quality and meeting international standards for lavender oil is crucial for exporters looking to expand their reach. Furthermore, fluctuations in lavender crop yields and weather conditions can affect lavender oil production and supply.
The Covid-19 pandemic had mixed impacts on the lavender oil market in Thailand. During the initial stages of the pandemic, the closure of spas, beauty salons, and non-essential retail outlets temporarily impacted the demand for lavender oil-based products. However, as the pandemic persisted, consumers increasingly sought relaxation and stress relief at home, leading to a rise in the use of lavender oil in home-based aromatherapy and skincare routines. Additionally, the growing emphasis on health and wellness during the pandemic further boosted the demand for lavender oil-based products.
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 Thailand Lavender oil Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Lavender oil Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Lavender oil Market - Industry Life Cycle |
3.4 Thailand Lavender oil Market - Porter's Five Forces |
3.5 Thailand Lavender oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Thailand Lavender oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand Lavender oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Lavender oil Market Trends |
6 Thailand Lavender oil Market, By Types |
6.1 Thailand Lavender oil Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Thailand Lavender oil Market Revenues & Volume, By Application, 2018 - 2031F |
6.1.3 Thailand Lavender oil Market Revenues & Volume, By Food and Beverage, 2018 - 2031F |
6.1.4 Thailand Lavender oil Market Revenues & Volume, By Cosmetic, 2018 - 2031F |
6.1.5 Thailand Lavender oil Market Revenues & Volume, By Pharmaceutical, 2018 - 2031F |
6.2 Thailand Lavender oil Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Thailand Lavender oil Market Revenues & Volume, By Pharmacy and Drug Stores, 2018 - 2031F |
6.2.3 Thailand Lavender oil Market Revenues & Volume, By Health and Beauty Stores, 2018 - 2031F |
6.2.4 Thailand Lavender oil Market Revenues & Volume, By Online Retailing, 2018 - 2031F |
6.2.5 Thailand Lavender oil Market Revenues & Volume, By Others, 2018 - 2031F |
7 Thailand Lavender oil Market Import-Export Trade Statistics |
7.1 Thailand Lavender oil Market Export to Major Countries |
7.2 Thailand Lavender oil Market Imports from Major Countries |
8 Thailand Lavender oil Market Key Performance Indicators |
9 Thailand Lavender oil Market - Opportunity Assessment |
9.1 Thailand Lavender oil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Thailand Lavender oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Lavender oil Market - Competitive Landscape |
10.1 Thailand Lavender oil Market Revenue Share, By Companies, 2024 |
10.2 Thailand Lavender oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |