Cedarwood Oil Market Report 2025 (Global Edition)

Global Cedarwood Oil Market Report 2024 Market Size Split by Technique (Steam Distillation, Carbon Dioxide Distillation, Cold Press), by End-use (Cosmetics & Skincare, Toiletries, Aroma Therapy, Other...

Cedarwood Oil Market Report Description

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Cedarwood Oil Market Insights Video

Competitive Landscape of the Cedarwood Oil Market

The competitive landscape of the cedarwood oil market is defined by a mix of established and emerging players. Key factors include product quality, innovation, and sourcing of raw materials. Companies focus on differentiating their offerings through sustainable practices and diverse applications. Market leaders often emphasize eco-friendly production and unique formulations to maintain a competitive edge.

October 2021: Brillare introduced India's first zero-dilution, 100-percent natural hair oil range. The new series contained no synthetic chemicals, added water, or preservatives and was crafted solely from natural ingredients such as cedarwood, sesame, and castor oil. (Source: https://www.indianretailer.com/news/brillare-introduces-india-s-first-zero-dilution-hair-oils-ahead-of-the-festive-season.n11845) September 2022: doTERRA introduced new additions to their extensive collection of natural, sustainably sourced essential oils. They selected five unique species for their proprietary Eucalyptus blend and launched Guaiacwood essential oil with an earthy aroma. The updated Hope Touch blend now includes Jasmine, Cedarwood, and other essential oils. (Source: https://news.doterra.com/NewConventionProducts)

Top Companies Market Share in Cedarwood Oil Industry: (In no particular order of Rank)

• Essential Oils
• Finetech Industry Limited
• Foreverest Resources Ltd.
• Grayden Industries
• Inc.
• Mother Herbs (P) Ltd.
• Orchid Chemical Supplies Ltd.
• Venus Enterprises Limited
• A.G. Industries
• Falcon Essential Oils
• SVA Organics
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Cedarwood Oil Market

Which Region Dominates the Cedarwood Oil Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue due to the region's well-established personal care and wellness industries. The region's strong consumer preference for natural and organic products, combined with extensive distribution networks and high awareness of essential oil benefits, reinforced its leading position in the global market..

Which Region is Expanding at the Fastest CAGR?

Asia Pacific emerged as the fastest-growing region in the cedarwood oil market. The rapid expansion was driven by increasing consumer demand for natural and organic products, heightened awareness of essential oil benefits, and a growing focus on wellness and personal care. The region's expanding market presence reflects a strong preference for eco-friendly and sustainable solutions in various applications.

The current report Scope analyzes Cedarwood Oil Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Cedarwood Oil Market

According to Cognitive Market Research, the global cedarwood oil market size was estimated at USD 351.9 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 140.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the cedarwood oil market with a market size of USD 111.06 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. The U.S. holds a major share due to high consumer demand for natural products.
• The Canada cedarwood oil market had a market share of USD 16.89 million in 2024 and is projected to grow at a CAGR of 6.0% during the projected duration. Rising eco-conscious consumer preferences fuel Canada's cedarwood oil market growth.
• The Mexico cedarwood oil market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 12.81 million in 2024.

Europe Cedarwood Oil Market

According to Cognitive Market Research, the global cedarwood oil market size was estimated at USD 351.9 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 105.57 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.

• The United Kingdom cedarwood oil market had a market share of USD 17.74 million in 2024 and is projected to grow at a CAGR of 6.3% during the forecast period. The UK leads in the cedarwood oil market due to advanced aromatherapy trends.
• The France cedarwood oil market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 9.71 million in 2024.
• According to Cognitive Market Research, the German cedarwood oil market size was valued at USD 20.90 million in 2024 and is estimated to grow at a CAGR of 5.7% during the forecast period. Germany’s rapid growth in the cedarwood oil market is driven by rising consumer interest in premium and organic personal care products..
• The Italy cedarwood oil market is projected to witness growth at a CAGR of 4.9% during the forecast period, with a market size of USD 9.08 million in 2024.
• The Russian cedarwood oil market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 16.36 million in 2024.
• The Spain cedarwood oil market is projected to witness growth at a CAGR of 4.6% during the forecast period with a market size of USD 8.66 million in 2024
• The Luxembourg cedarwood oil market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 3.27 million in 2024.
• The Portugal cedarwood oil market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD 2.22 million in 2024.
• The Greece cedarwood oil market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 1.27 million in 2024.
• Rest of Europe's cedarwood oil market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 16.36 million in 2024.

Asia Pacific Cedarwood Oil Market

According to Cognitive Market Research, the global cedarwood oil market size was estimated at USD 351.9 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 80.94 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.

• According to Cognitive Market Research, the China cedarwood oil market size was valued at USD 36.42 million in 2024 and is estimated to grow at a CAGR of 8.5% during the projected duration. China holds the largest share of the cedarwood oil market due to booming industrial and commercial applications.
• The Japan cedarwood oil market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 11.17 million in 2024.
• The India cedarwood oil market had a market share of USD 9.71 million in 2024 and is projected to grow at a CAGR of 10.8% during the forecast period. India’s cedarwood oil market is growing due to increasing demand for natural wellness solutions.
• The South Korean cedarwood oil market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD 8.09 million in 2024.
• The Australian cedarwood oil market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 4.21 million in 2024.
• The Southeast Asia cedarwood oil market is projected to witness growth at a CAGR of 10.0% during the forecast period, with a market size of USD 5.58 million in 2024.
• The Rest of Asia Pacific cedarwood oil market is projected to witness growth at a CAGR of 8.8% during the forecast period, with a market size of USD 5.75 million in 2024.

South America Cedarwood Oil Market

According to Cognitive Market Research, the global cedarwood oil market size was estimated at USD 351.9 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 17.60 million in 2024 and will escalate at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil cedarwood oil market size was valued at USD 7.53 million in 2024 and is projected to grow at a CAGR of 7.0% during the projected duration. Brazil is dominating the cedarwood oil market due to its rich natural resources.
• Argentina's cedarwood oil market had a market share of USD 2.96 million in 2024 and is anticipated to grow at a CAGR of 7.3% over the projected duration. The expanding wellness trend fuels Argentina's significant growth in the cedarwood oil market.
• Colombia cedarwood oil market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 1.57 million in 2024.
• Peru cedarwood oil market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 1.44 million in 2024.
• Chile cedarwood oil market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 1.27 million in 2024.
• The Rest of Latin America's cedarwood oil market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 2.83 million in 2024.

Middle East and Africa Cedarwood Oil Market

According to Cognitive Market Research, the global cedarwood oil market size was estimated at USD 351.9 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 7.04 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031..

• The GCC Countries' cedarwood oil market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 3.01 million in 2024. GCC countries hold a prominent share in the cedarwood oil market due to increasing luxury wellness trends.
• The Egypt cedarwood oil market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 0.74 million in 2024.
• The South Africa cedarwood oil market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 1.11 million in 2024. South Africa's growing demand for cedarwood oil is driven by increased wellness awareness.
• The Turkey cedarwood oil market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 0.61 million in 2024.
• The Nigeria cedarwood oil market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 0.74 million in 2024.
• The Rest of the MEA cedarwood oil market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 0.83 million in 2024.

Cedarwood Oil Market Analysis

Cedarwood Oil Market Technique Segment Analysis

According to Cognitive Market Research, steam distillation holds a major share in the cedarwood oil market due to its effectiveness in extracting high-quality oil with minimal impurities. This method is widely preferred for its ability to preserve the natural properties and aroma of cedarwood, making it the dominant extraction process used by producers to meet the growing demand for pure and natural cedarwood oil.

Carbon Dioxide Distillation has become the fastest-growing segment in the cedarwood oil market. This method is favored for its ability to produce high-quality, pure oil with minimal environmental impact. The technique preserves the oil's natural properties, leading to increased demand from industries focused on organic and sustainable products, further driving the segment's rapid growth.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Cedarwood Oil Industry. Request a Free Sample PDF!

Cedarwood Oil Market End-Use Segment Analysis

According to Cognitive Market Research, the cosmetics and skincare segment holds a major share in the cedarwood oil market. This dominance is driven by the oil's natural properties, such as its soothing, anti-inflammatory, and antimicrobial benefits, making it highly sought after in formulations for skincare products. The rising consumer preference for natural ingredients further boosts its usage in the cosmetics industry.

Aromatherapy is the fastest-growing segment in the cedarwood oil market, fueled by rising consumer interest in natural wellness practices. The segment's growth is driven by the oil's calming and therapeutic properties, making it popular for stress relief and relaxation. Increasing awareness of aromatherapy benefits has led to greater demand, solidifying its dominance in the cedarwood oil market.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Cedarwood Oil Industry Segment Analysis

Cedarwood Oil Market Industry Segment Analysis

According to Cognitive Market Research, the spa and relaxation segment holds a prominent share in the cedarwood oil market driven by the oil's calming and therapeutic properties. Widely used in aromatherapy, massage oils, and relaxation products, cedarwood oil's soothing effects make it a popular choice in wellness centers and spas, contributing significantly to the market's growth and demand.

The pharmaceuticals segment is the fastest-growing in the cedarwood oil market. This growth is driven by increasing recognition of cedarwood oil's therapeutic properties, such as anti-inflammatory and antiseptic benefits. Its use in natural remedies and alternative medicine is expanding as consumers and healthcare providers seek organic, plant-based solutions for various health conditions, further boosting the segment's growth.

• Spa & Relaxation
• Pharmaceuticals
• Others

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals 
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

Author's Conclusion