Global Camphor Market – Industry Analysis and Forecast 2020-2026

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Global Camphor Market is driven by the growing demand for making medicine for different types of diseases. The global camphor market is anticipated to grow at a CAGR of 8% over the forecast period.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

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Global Camphor Market Dynamics:

The camphor market is driven by the growing demand for making medicine for different types of diseases. Due to good chemical properties, the camphor is used in a wide range of applications and in various end-user industries such as pharmaceuticals, food, agriculture, and chemical.

The rising demand for camphor for ointments is anticipated to drive the growth of the market. Camphor has been approved by the FDA for numerous medicinal applications. However, a high level of camphor can be toxic and hence causes several health risks.

High growth in the pharmaceutical industry is among the leading drivers for camphor market growth and will continue dominance throughout the period. Camphor is used in the making of ointments with vapours for treating chest congestion and cough. Growing demand for balms used for treating chest congestion is a major factor driving demand for camphor. A slight amount of camphor is safe for human consumption and has been approved by several regulatory bodies across the globe; therefore camphor has high acceptance for medicinal uses.

The Asia Pacific accounted for the major share in the global market. India is a country of a large sum of holy places. Camphor is mostly used during the prayer of God in the Hindu religion thereby fuelling the market growth. North America is expected to witness a high-growth rate over the forecast period. Increasing population leading to the high growth of food and pharmaceutical is a major factor which drives the growth of the camphor market.

The North American market is primarily 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 an increased application for camphor is expected to offer a large number of opportunities in the camphor market.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding camphor market dynamics, structure by identifying and analyzing the market segments and project the market size.

Further, the report also focuses on a competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER's analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the camphor market.
Global Camphor Market, Key Highlights:

• Global Camphor Market analysis and forecast, in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Camphor Market

• Global Camphor Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

• Global Camphor Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

• Global Camphor Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Camphor Market are also profiled.

The report has considered the base year of 2019 and past four years trend. 2020 figures are at actuals, however due to different dynamics of year 2020, market forecast is not only dependent upon 2020, but on the basis of 2016-2020.

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Global Camphor Market Global Camphor Market Key Player

• Apt Exim
• Beijing Herbal Health Biotech
• Benefont
• Camphor & Allied Products
• Jadran Galenski Laboratorij
• Malligha Asafoetida
• Recochem
• Fujian Green Pine
• Hiya International
• Ji’an Fine Chemicals
• Hunan Nutramax
• Saptagir Camphor Private Limited
• Taiwan Tekho Camphor Co. Ltd.
• Mothersparsh
• Palm Organix

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