Camphor Market Expected to Reach USD 0.74 Billion by 2032 | Growing at a CAGR of 4.3%

Market Research Future (MRFR) has published a cooked research report on the “Global Camphor Market” that contains information from 2018 to 2032. The camphor market is estimated to register a CAGR of 4.30% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global camphor market— Apt Exim, Beijing Herbal Health Biotech LLC, Benefont, Camphor & Allied Products Ltd., adran Galenski Laboratorij, Hunan Nutramax Inc., Saptagir Camphor Ltd., Taiwan Tekho Camphor Co., Ltd, and Mother Sparsh, Palm Organix Company

Market Highlights

The global camphor market is accounted to register a CAGR of 4.30% during the forecast period and is estimated to reach USD 0.74 billion by 2032.

The worldwide camphor marketplace is characterized by way of dynamic and evolving marketplace dynamics, pushed by way of a myriad of things. Rising customer attention of the healing and medicinal properties of camphor, coupled with the increasing demand for natural and natural products, has fueled the growth of the market. The pharmaceutical and beauty industries, specially, are experiencing considerable traction, with camphor being a key aspect in diverse merchandise. Additionally, the biopesticide and bug repellent sectors are increasing as green options advantage prominence. The market is witnessing geographical shifts in manufacturing and consumption patterns, with rising economies playing a good sized role. Technological advancements, coupled with ongoing research and improvement sports exploring new programs for camphor, contribute to the ever-evolving landscape of the worldwide camphor market. Regulatory trends, environmental worries, and worldwide monetary conditions similarly have an effect on the market dynamics, making it a dynamic and multifaceted zone.

Segment Analysis

The global camphor market has been segmented based on Form, Grade, Application, and End-Use Industry

On the basis of Form, the market is segmented into Powder, Oil, Tablet, and Others. The tablet segment dominated the market, accounting for double growth of market. The rising popularity of natural ingredients in cosmetics and personal care products has contributed to an increased demand for camphor due to its refreshing and cooling properties.

Based on Grade, the global camphor market has been segmented into Pharmaceutical Grade, Food Grade, and Other. The food grade category generated the most income. The wellness and aromatherapy trends have spurred the demand for essential oils, including camphor oil, for its perceived benefits in stress relief, relaxation, and respiratory health.

Based on Application, the global camphor market has been segmented into Plasticizer, Paints and Lacquers, Flavours and Fragrances, Hygiene and Medical, Disinfectant and Insecticide, and Others. Flavours and fragrances are dominating the market 2022. Growing concerns about the environmental impact of synthetic pesticides have led to an increased interest in biopesticides, including those containing camphor, for its natural insect-repelling properties.

Based on End-Use Industry, the global camphor market has been segmented into Pharmaceutical, Food & Beverage, Agrochemical, Cosmetics and Personal Care, Chemical, Paper, and Others. Chemical category is dominating the market 2022. The shift towards sustainable and eco-friendly practices has led to the exploration of natural alternatives, boosting the demand for camphor in industries seeking renewable resources.

Regional Analysis

The global camphor market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe camphor market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The camphor market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World camphor market comprises of Middle East, Africa, and Latin America.

The largest market share for camphor was maintained by the North American regional sector. In North America, the camphor marketplace is witnessing consistent growth attributed to increasing customer choices for herbal and organic elements. The pharmaceutical enterprise, particularly, has been a key motive force, with camphor locating programs in pain remedy ointments and topical formulations. Additionally, the beauty and private care sectors in North America are incorporating camphor for its cooling and fragrant houses. Regulatory frameworks emphasizing sustainability and green practices additionally play a role in shaping the marketplace dynamics, as consumers are trying to find products aligned with those concepts. With a developing emphasis on well-being and herbal treatments, North America remains a sizable marketplace for camphor, with each mounted gamers and new entrants vying for marketplace share.

Moreover, in Europe, the camphor market is influenced with the aid of an aggregate of traditional makes use of and cutting-edge packages. The pharmaceutical industry remains a primary client of camphor, driven via the call for over the counter analgesic merchandise. Furthermore, the vicinity's sturdy inclination toward natural and botanical ingredients in cosmetics and personal care objects has contributed to the mixing of camphor into diverse formulations. The increasing market is likewise formed by the emphasis on sustainable practices, with manufacturers searching for eco-friendly options in their products. As Europe continues to prioritize fitness and properly-being, camphor's role in each conventional and innovative packages positions it as a precious aspect in the place's diverse consumer items landscape.

Additionally, the Asia Pacific area stands as a dominant force within the worldwide camphor market, both in phrases of production and intake. Countries along with China and India are foremost individuals, hosting a good sized range of camphor producers. The region's wealthy history of conventional medicine has fostered using camphor in various therapeutic programs, riding call for inside the pharmaceutical sector. Furthermore, the burgeoning cosmetic and personal care industries, particularly in countries like South Korea and Japan, are incorporating camphor for its pores and skin-refreshing homes. The Asia Pacific marketplace is characterized with the aid of its diverse applications of camphor, starting from prescription drugs to agriculture, reflecting the region's dynamic and expansive market landscape.

Furthermore, the Rest of the World (RoW) region, which incorporates Latin America, the Middle East, and Africa, is witnessing a growing interest in camphor programs. In these regions, camphor is applied for conventional medicinal practices and is regularly integrated into domestically-produced pharmaceuticals and cosmetic formulations. The agriculture sector also performs a role, with camphor being utilized in biopesticides and bug repellents. As the global call for natural and natural products expands, the RoW area is more and more turning into a focal point for camphor producers looking to faucet into emerging markets. Regulatory developments and economic conditions in these diverse regions make contributions to shaping the marketplace dynamics, supplying each demanding situations and possibilities for the camphor industry.

Key Findings of the Study

• The global camphor market is expected to reach USD 0.74 billion by 2032, at a CAGR of 4.30% during the forecast period.


• the Asia Pacific area stands as a dominant force within the worldwide camphor market, both in phrases of production and intake. Countries along with China and India are foremost individuals, hosting a good sized range of camphor producers.


• The food grade category generated the most income


• Apt Exim, Beijing Herbal Health Biotech LLC, Benefont, Camphor & Allied Products Ltd., adran Galenski Laboratorij, Hunan Nutramax Inc., Saptagir Camphor Ltd., Taiwan Tekho Camphor Co., Ltd, and Mother Sparsh, Palm Organix Company