Global Camphor Tablets Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3600/- USD | Published Date: September 19, 2020 |

The global camphor tablets market has been projected to grow at the CAGR of 7.6% market during 2020-2027. 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 the Asia Pacific, especially India.

Market Insights:

End-user industries for camphor include pharmaceuticals, food, agriculture, and chemical among several others. Growth in the pharmaceutical industry is the main driver for camphor tablets market growth and the trend is anticipated to continue during the forecast period. Camphor is used in the production of ointments with vapors for treating chest congestion and cough. Increasing demand for ointments used for treating chest congestion is a major factor driving demand for camphor. A small 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.

Market Segment Insights:

The Pharmaceuticals segment has the largest share of the global camphor tablets market in 2019. Camphor tablets are used on a large scale in the manufacture of medicines for the 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 2019. In addition, the high demand for manufacturing Siddha and Ayurveda medicines is also boosting market demand for camphor tablets. Camphor tablets are also used in the manufacturing essence which is used in the food industry. Food is the second largest end-user segment of the global camphor tablets market in 2019. The 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.

Global Camphor Tablets Market Segmentation:

By End-User, 2018–2027 (Kilo Tons) ($ Millon)

  • Pharmaceuticals
  • Food
  • Chemicals
  • Agriculture
  • Others (Religious, etc.)

By Geography, 2018-2027 ($ Millon)

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

Regional Insights:

Asia Pacific accounts for the largest share of the global camphor tablets market in 2019. It has 32% share of the global camphor tablets market. Increasing demand from the pharmaceutical industry for manufacturing medicines has led to high demand for camphor tablets in the region. The booming use of camphor tablets in religious rituals has also led to spurring the growth of the global camphor tablets market in the Asia Pacific. North America was the second largest market for camphor tablets in 2019. The region is expected to experience moderate growth due to regulations on the 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. The 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 2020 to 2027.

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.

List of Key Companies:

  • 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
  • Recochem Inc.

Key Questions Answered by Camphor Tablets Market Report

  • Global camphor tablets market forecasts from 2020-2027
  • Regional camphor tablets market forecasts from 2020-2027 covering Asia-Pacific, North America, Europe, Middle East, and Africa, and Latin America
  • Country-level forecasts from 2020-2027 covering 15 major countries from the aforementioned regions
  • Camphor Tablets submarket forecasts from 2020-2027 covering submarket 1, submarket 2 submarket 3
  • Various industry models such as SWOT analysis, Pestle Analysis, Porter’s Five Force model, Value Chain Analysis pertaining to the camphor tablets market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level camphor tablets markets from 2020-2027
  • Competitive Landscape and market positioning of top 10 players operating in the camphor tablets market

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List of Key Companies:

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
1.3.4 Assumptions

Chapter 2 Executive Summary

2.1 Camphor Tablets Market Portraiture
2.3 Camphor Tablets Market, by End-Users, 2019 (Kilo Tons) ($ Million)
2.4 Camphor Tablets Market, by Geography, 2019 (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 Increasing demand for ointments used for treating chest congestion
3.3.2 Challenges Camphor is a price sensitive market with less scope for product differentiation
3.3.3 Opportunities
3.4 Attractive Investment Proposition
3.5 Competitive Analysis: Global Camphor Tablets Market, 2019 (Value %)

Chapter 4 Global Camphor Tablets Market, by End-Users, 2018-2027 (Kilo Tons) ($ Million)

4.1 Preface
4.2 Pharmaceuticals
4.3 Food
4.4 Chemicals
4.5 Agriculture
4.6 Others (Religious, etc.)

Chapter 5 Global Camphor Tablets Market, by Geography, 2018-2027 ($ Million)

5.1 Preface
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
6.3 Benefont
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.
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