The Global Camphor Tablets Market has been projected to grow at the CAGR of 7.6% market during 2017-2025. In 2016, the market has generated the revenue of $ 93.9 million and is expected to reach up to $ 145.6 million in terms of revenue by 2025.
Camphor is a flammable, waxy, transparent or white solid which has a brawny aromatic odor. The origin of camphor comes from a large evergreen tree known as camphor laurel dominantly found in Asia. Apart from its natural origin, camphor can be synthetically produced from turpentine oil. Synthetic camphor is available in the form of powder, tablets and blocks. They are used for various medicinal purposes, as an essence in cooking and for religious rituals in Asia Pacific, especially India.
Market Segment Insights
Pharmaceuticals has the largest share of the global camphor tablets market in 2016. Camphor tablets are used on a large scale in manufacture of medicines for treatment of cough, congestion and skin infections among others. Most of the athletes use camphor tablets for its anti-inflammatory properties and as an analgesic. Thus growing demand from the medical industry is expected to boost market demand for camphor tablets in 2016. In addition, high demand for manufacturing Siddha and Ayurveda medicines is also boosting market demand for camphor tablets. Camphor tablets are also used in manufacturing essence which is used in the food industry. Food is the second largest end-user segment of global camphor tablets market in 2016. Agriculture sector is anticipated to experience steady demand for camphor tablets during the forecast period as many substitutes are available in the market for camphor tablets.
Asia Pacific accounts for the largest share of global camphor tablets market in 2016. It has 32% share of global camphor tablets market. Increasing demand from pharmaceutical industry for manufacturing medicines has led to high demand for camphor tablets in the region. Booming use of camphor tablets in religious rituals have also led to spurring growth of global camphor tablets market in Asia Pacific. North America was the second largest market for camphor tablets in 2016. The region is expected to experience moderate growth due to regulations on healthcare sector for use of camphor. The region is anticipated to boost market growth due to its use in the agriculture sector. Europe followed North America in terms of demand and is projected to fuel demand for camphor tablets in the near future. Middle East & Africa and Rest of the World are also expected to boost market demand for camphor tablets due to increasing demand from the chemical and agriculture sector in the regions during the forecast period from 2017 to 2025.
Market Competition Assessment:
The major players currently operating in the global camphor tablets market include Apt Exim, Beijing Herbal Health Biotech LLC, Benefont, Camphor & Allied Products Ltd., Fujian Green Pine, Hiya International, Jadran Galenski Laboratorij, Ji’an Fine Chemicals, Malligha Asafoetida, and Recochem Inc.
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
Chapter 2 Executive Summary
2.1 Camphor Tablets Market Portraiture
2.3 Camphor Tablets Market, by End-Users, 2016 (Kilo Tons) ($ Million)
2.4 Camphor Tablets Market, by Geography, 2016 (Value %)
Chapter 3 Global Camphor Tablets Market Analysis
3.1 Global Camphor Tablets Market Overview
3.2 Prevalence of Camphor Tablets
3.3 Market Dynamics
3.3.1 Market Drivers
22.214.171.124 Increasing demand for ointments used for treating chest congestion
126.96.36.199 Camphor is a price sensitive market with less scope for product differentiation
3.4 Attractive Investment Proposition
3.5 Competitive Analysis: Global Camphor Tablets Market, 2015 (Value %)
Chapter 4 Global Camphor Tablets Market, by End-Users, 2015-2025 (Kilo Tons) ($ Million)
4.6 Others (Religious, etc.)
Chapter 5 Global Camphor Tablets Market, by Geography, 2015-2025 ($ Million)
5.2 North America (U.S. & Canada)
5.3 Europe (U.K., Germany & Rest of Europe)
5.4 Asia Pacific (China, Japan, Singapore, South Korea and Rest of APAC)
5.5 Latin America (Mexico, Brazil and Rest of LATAM)
5.6 Middle East and Africa
Chapter 6 Company Profiles
6.1 Apt Exim
6.2 Beijing Herbal Health Biotech LLC
6.4 Camphor & Allied Products Ltd.
6.5 Fujian Green Pine
6.6 Hiya International
6.7 Jadran Galenski Laboratorij
6.8 Ji’an Fine Chemicals
6.9 Malligha Asafoetida
6.10 Recochem Inc.