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Camphor Market

ID: MRFR/CnM/17316-HCR
128 Pages
Anshula Mandaokar
October 2025

Camphor Market Research Report Information By Form (Powder, Oil, Tablet, and Others), By Grade (Pharmaceutical Grade, Food Grade, and Others), Application (Plasticizer, Paints and Lacquers, Flavours and Fragrances, Hygiene and Medical, Disinfectant and Insecticide, and Others), By End-Use Industry (Pharmaceutical, Food & Beverage, Agrochemical, Cosmetics and Personal Care, Chemical, Paper, and Others) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2035

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Camphor Market Infographic
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Camphor Market Summary

As per MRFR analysis, the Camphor Market Size was estimated at 0.5528 USD Billion in 2024. The Camphor industry is projected to grow from 0.5766 in 2025 to 0.8786 by 2035, exhibiting a compound annual growth rate (CAGR) of 4.3 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Camphor Market is experiencing robust growth driven by diverse applications and increasing consumer awareness.

  • The pharmaceutical segment remains the largest, reflecting a rising demand for camphor in medicinal applications across North America.
  • In Asia-Pacific, the oil segment is witnessing the fastest growth, driven by its popularity in aromatherapy and personal care products.
  • Sustainability and eco-friendly practices are becoming increasingly important, influencing consumer preferences and market dynamics.
  • The expansion in the food and beverage sector, along with the rising demand in the cosmetics industry, are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 0.5528 (USD Billion)
2035 Market Size 0.8786 (USD Billion)
CAGR (2025 - 2035) 4.3%

Major Players

Kraton Corporation (US), Mitsubishi Gas Chemical Company (JP), Camphor & Allied Products Limited (IN), Gujarat State Fertilizers & Chemicals Limited (IN), Hunan Deli Essential Oil Co., Ltd. (CN), Sambavanam Agencies (IN), Nantong Luyuan Chemical Co., Ltd. (CN), Zhejiang Jianye Chemical Co., Ltd. (CN)

Camphor Market Trends

The Camphor Market is currently experiencing a dynamic phase characterized by evolving consumer preferences and increasing applications across various industries. The demand for camphor, derived from the wood of the camphor tree, is being driven by its diverse uses in pharmaceuticals, cosmetics, and food preservation. As consumers become more health-conscious, the natural properties of camphor are gaining traction, leading to a shift towards organic and sustainable products. This trend is further supported by regulatory frameworks that promote the use of natural ingredients in consumer goods, thereby enhancing the market's growth potential. Moreover, the Camphor Market is witnessing technological advancements that facilitate the extraction and production processes. Innovations in manufacturing techniques are likely to improve yield and reduce costs, making camphor more accessible to various sectors. Additionally, the rise of e-commerce platforms is transforming distribution channels, allowing manufacturers to reach a broader audience. As the market continues to evolve, stakeholders must remain vigilant to adapt to changing consumer demands and regulatory landscapes, ensuring sustainable growth in the coming years.

Rising Demand in Pharmaceuticals

The Camphor Market is seeing an increase in demand from the pharmaceutical sector, where camphor is utilized for its therapeutic properties. Its applications in topical ointments and cough syrups are becoming more prevalent, reflecting a broader trend towards natural remedies.

Growth in Personal Care Products

There is a notable expansion in the use of camphor within the personal care industry. Its inclusion in skincare and haircare products is driven by consumer preferences for natural ingredients, suggesting a shift towards holistic wellness.

Sustainability and Eco-Friendly Practices

The Camphor Market is increasingly influenced by sustainability trends. Manufacturers are exploring eco-friendly sourcing and production methods, aligning with global efforts to reduce environmental impact and cater to environmentally conscious consumers.

Camphor Market Drivers

Increasing Use in Aromatherapy

The Camphor Market is experiencing a notable rise in the use of camphor in aromatherapy practices. This trend is largely driven by the growing consumer awareness regarding the benefits of natural remedies for stress relief and relaxation. Aromatherapy, which utilizes essential oils, has gained traction as a holistic approach to wellness. As a result, the demand for camphor, known for its calming properties, is expected to increase. Market data indicates that the aromatherapy segment is projected to grow at a compound annual growth rate of approximately 8% over the next five years. This growth is likely to bolster the overall Camphor Market, as more consumers seek out natural alternatives for mental and physical well-being.

Rising Demand in the Cosmetics Industry

The Camphor Market is significantly influenced by the rising demand for camphor in the cosmetics sector. Camphor Market is valued for its antiseptic and anti-inflammatory properties, making it a popular ingredient in various skincare products. As consumers increasingly prioritize natural and effective ingredients, the demand for camphor-infused cosmetics is likely to surge. Market data reveals that the cosmetics segment is expected to grow at a rate of approximately 6% per year, driven by the increasing consumer inclination towards organic and natural products. This trend not only enhances the visibility of camphor in the market but also positions it as a key player in the evolving beauty industry.

Growth in Traditional Medicine Practices

The Camphor Market is benefiting from the resurgence of interest in traditional medicine practices. Many cultures have utilized camphor for its therapeutic properties for centuries, and this knowledge is being rediscovered by modern consumers. The increasing acceptance of alternative medicine is driving demand for camphor in various traditional remedies. Industry expert's suggest that this segment could see a growth rate of around 7% in the coming years, as more individuals seek holistic health solutions. This trend underscores the potential of camphor to bridge the gap between traditional and contemporary health practices, thereby enhancing its relevance in the market.

Expansion in the Food and Beverage Sector

The Camphor Market is witnessing an expansion due to its incorporation in the food and beverage sector. Camphor Market is utilized as a flavoring agent in certain culinary applications, particularly in Asian cuisines. The increasing popularity of ethnic foods and the trend towards unique flavor profiles are driving this demand. Furthermore, regulatory bodies have recognized the safe use of camphor in food products, which has further legitimized its application. Market analysis suggests that the food and beverage segment could account for a significant share of the Camphor Market, with an anticipated growth rate of around 5% annually. This trend indicates a diversification of camphor's applications, enhancing its market presence.

Technological Advancements in Extraction Methods

The Camphor Market is poised for growth due to technological advancements in extraction methods. Innovations in extraction techniques have improved the efficiency and yield of camphor production, making it more accessible to manufacturers. Enhanced extraction processes not only reduce costs but also ensure higher purity levels of camphor, which is crucial for its application in various industries. Market projections indicate that these advancements could lead to a reduction in production costs by up to 15%, thereby increasing the competitiveness of camphor in the market. This development is likely to attract new entrants into the Camphor Market, further stimulating growth and innovation.

Market Segment Insights

By Form: Powder (Largest) vs. Oil (Fastest-Growing)

In the Camphor Market, the 'Form' segment shows a distinct distribution among its values. The powder form of camphor holds a significant share, making it the largest category. It is widely used in various applications, ranging from medicinal to cosmetic uses. Following closely is the oil form, which is gaining traction due to its versatility and ease of use in aromatherapy and personal care products. The growth trends indicate that while powder remains the dominant form, oil is emerging rapidly as a preferred choice among consumers. Factors such as increasing awareness of natural products and the rise in demand for wellness-related goods contribute to the oil segment's growth. Overall, the dynamics in this sector highlight a shifting preference towards more user-friendly applications of camphor, particularly in the oil format.

Powder (Dominant) vs. Oil (Emerging)

The Powder form of camphor remains a dominant player in the market, renowned for its broad utility across several sectors, including pharmaceuticals and cosmetics. Its solid form is easy to store and transport, making it a favored choice for bulk consumers and manufacturers alike. On the other hand, the Oil form is rapidly emerging, driven by its growing popularity in aromatherapy and herbal medicines. Its liquid state allows for various applications, such as skin treatments and fragrance enhancements, making it highly appealing to consumers seeking ease of use and convenience. The Oil segment's ability to adapt to modern product demands positions it as a significant player for future growth.

By Grade: Pharmaceutical Grade (Largest) vs. Food Grade (Fastest-Growing)

In the Camphor Market, the distribution of market share among the grades reveals that Pharmaceutical Grade dominates with a significant portion of the market, driven by its extensive application in medicinal formulations, healing products, and inhalation therapies. Meanwhile, Food Grade camphor, while currently smaller in market share, is gaining ground due to increasing consumer awareness and demand for natural and safe food additives, particularly in the confectionery and flavoring sectors. The Others category, which includes industrial grades, also plays a role but remains niche in comparison.

Pharmaceutical Grade: Dominant vs. Food Grade: Emerging

Pharmaceutical Grade camphor is recognized for its high purity and efficacy, making it indispensable in the healthcare sector where it is utilized in topical applications and as a therapeutic balm among various formulations. This segment thrives on stringent regulatory standards that ensure quality and safety for consumer health. In contrast, Food Grade camphor is on the rise as it taps into the growing trend towards clean label products in the food industry. It appeals to manufacturers of natural flavoring and preservation alternatives due to its effective properties at low concentrations. Both segments reflect significant consumer trust and highlight the shift towards naturally sourced ingredients.

By Application: Plasticizer (Largest) vs. Flavours and Fragrances (Fastest-Growing)

The Camphor Market showcases a diverse distribution of applications across various segments. The Plasticizer segment takes the lead, holding the largest market share due to its innumerable applications in the manufacturing of flexible plastics and other materials. Following this, the Flavours and Fragrances segment is gaining momentum, as consumer demand for natural and aromatic additives in food and personal care products continues to rise. Other significant segments include Paints and Lacquers, which cater to the construction and automotive industries, and Hygiene and Medical applications, centered around sanitizers and disinfectants.

Plasticizer: Dominant vs. Flavours and Fragrances: Emerging

The Plasticizer segment stands as a dominant force in the Camphor Market, driven by its critical role in enhancing the flexibility and durability of plastics. Its extensive use across various sectors, including construction and automotive, underpins its solid market position and widespread demand. In contrast, the Flavours and Fragrances segment emerges as a new player, propelled by a growing preference for natural ingredients in food and cosmetic products. This shift towards organic and sustainable options fuels innovation within this segment, attracting investment and fostering new product development, thereby highlighting its potential to expand rapidly in the coming years.

By End-Use Industry: Pharmaceutical (Largest) vs. Cosmetics and Personal Care (Fastest-Growing)

In the Camphor Market, the distribution among end-use industries shows significant differentiation in market share. The Pharmaceutical sector leads, leveraging camphor's therapeutic properties in various formulations, while the Cosmetics and Personal Care sector is rapidly gaining traction. Other notable segments include Food & Beverage, Agrochemical, Chemical, and Paper, each contributing to the overall demand for camphor while trailing behind the leading sectors.

Pharmaceutical (Dominant) vs. Cosmetics and Personal Care (Emerging)

The Pharmaceutical segment is dominant in the Camphor Market, primarily due to its extensive use in medicinal preparations, particularly in products for respiratory and anti-inflammatory purposes. On the other hand, the Cosmetics and Personal Care segment is emerging as a key player, with increasing demand for natural products and formulations that utilize camphor for its soothing and fragrance properties. This segment is driven by trends toward organic ingredients and consumer preferences for products that not only enhance beauty but also provide therapeutic benefits. Both segments are expected to evolve, but the Pharmaceutical sector currently benefits from established applications and higher consumption rates.

Get more detailed insights about Camphor Market

Regional Insights

North America : Innovation and Demand Growth

North America is witnessing significant growth in the camphor market, driven by increasing demand in pharmaceuticals, cosmetics, and food industries. The U.S. holds the largest market share at approximately 65%, followed by Canada at 20%. Regulatory support for natural products and essential oils is further propelling market expansion. The rising trend towards organic and natural ingredients is also a key driver of demand in this region. The competitive landscape in North America is characterized by the presence of major players such as Kraton Corporation and Mitsubishi Gas Chemical Company. These companies are focusing on innovation and sustainability to meet the growing consumer demand for eco-friendly products. The market is also supported by a robust distribution network, ensuring that camphor products are readily available across various sectors, including healthcare and personal care.

Europe : Regulatory Support and Growth

Europe is emerging as a significant player in the camphor market, driven by stringent regulations favoring natural ingredients in consumer products. The region's market is primarily led by Germany, holding around 30% of the share, followed closely by France at 25%. The European Union's regulations on essential oils and natural products are acting as catalysts for market growth, encouraging manufacturers to innovate and comply with safety standards. Leading countries in Europe are investing in research and development to enhance the applications of camphor in pharmaceuticals and cosmetics. Key players like Camphor Market & Allied Products Limited and Gujarat State Fertilizers & Chemicals Limited are expanding their operations in the region. The competitive landscape is marked by a focus on sustainability and eco-friendly practices, aligning with consumer preferences for natural products.

Asia-Pacific : Emerging Market Dynamics

Asia-Pacific is rapidly becoming a powerhouse in the camphor market, driven by increasing demand from the pharmaceutical and personal care sectors. India leads the market with a share of approximately 40%, followed by China at 30%. The region's growth is fueled by rising disposable incomes and a growing awareness of the benefits of natural products. Additionally, favorable government policies supporting the essential oils industry are enhancing market prospects. The competitive landscape in Asia-Pacific is vibrant, with key players such as Hunan Deli Essential Oil Co., Ltd. and Zhejiang Jianye Chemical Co., Ltd. actively participating in market expansion. These companies are focusing on product innovation and strategic partnerships to enhance their market presence. The region's diverse applications of camphor in traditional medicine and modern healthcare further bolster its market potential, making it a focal point for investment and development.

Middle East and Africa : Resource-Rich Opportunities

The Middle East and Africa region is witnessing a gradual increase in the camphor market, driven by rising demand in the cosmetics and food industries. The market is primarily led by South Africa, holding around 25% of the share, followed by the UAE at 20%. The region's growth is supported by an increasing focus on natural and organic products, aligning with global trends towards sustainability and health consciousness. Key players in the region, such as Sambavanam Agencies and Nantong Luyuan Chemical Co., Ltd., are expanding their operations to meet the growing demand. The competitive landscape is characterized by a mix of local and international companies, all vying for market share. The presence of abundant natural resources in the region provides a unique opportunity for growth, particularly in the production of essential oils and natural extracts.

Camphor Market Regional Image

Key Players and Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the camphor market, grow even more. The camphor market is a fast-paced and competitive industry that includes everything from service with trade camphors, with important market developments and the landscape of rivalry greatly relies on the kind and scope of events, and also the region in which they occur.

To expand and survive in a more competitive and rising market climate, camphor industry must offer business meetings, conventions, and various other kinds of incidents constitute a part of the camphor market.

Each of these markets has its own set of characteristics and competitors in the camphor industry to benefit clients and increase the market sector. In recent years, the camphor industry has offered some of the most significant End-Use Industry’s. Major players in the camphor market, including Apt Exim, Beijing Herbal Health Biotech LLC, Benefont, Camphor Market & Allied Products Ltd., adran Galenski Laboratorij, Hunan Nutramax Inc., Saptagir Camphor Market Ltd., Taiwan Tekho Camphor Market Co., Ltd, and Mother Sparsh, Palm Organix Company, and others, are attempting to increase market demand by investing in research and development operations.

Apt Exim is a dynamic and globally-oriented buying and selling organization that specializes in the export and import of a numerous variety of products. With a dedication to delivering pinnacle-notch services, Apt Exim has mounted itself as a dependable player inside the worldwide alternate landscape. The enterprise boasts a complete portfolio that spans various industries, consisting of pharmaceuticals, chemical compounds, and customer items. Apt Exim's fulfillment is rooted in its dedication to exceptional, adherence to moral commercial enterprise practices, and a customer-centric method.

Whether facilitating go-border transactions or presenting green deliver chain answers, Apt Exim maintains to build lasting partnerships with clients worldwide, positioning itself as a depended on partner for corporations in search of seamless exchange reviews.

Beijing Herbal Health Biotech LLC is a contemporary biotechnology organization at the leading edge of studies and improvement within the health and well-being zone. Specializing in natural formulations and revolutionary biotech solutions, the business enterprise is dedicated to advancing herbal alternatives for higher residing. Beijing Herbal Health Biotech LLC locations a sturdy emphasis on clinical studies, ensuring that its products meet the very best requirements of nice and efficacy.

With a focal point on natural supplements, health-promoting innovations, and sustainable practices, the business enterprise has carved a niche within the marketplace through offering products that align with the developing call for holistic nicely-being answers. As an adviser for health-conscious consumers, Beijing Herbal Health Biotech LLC maintains to make strides within the biotech enterprise, contributing to the shift closer to herbal and sustainable fitness solutions.

Key Companies in the Camphor Market market include

Industry Developments

In September 2019: Palm Organix Company introduced its new line of skincare products called ‘Zero THC CBD Lotion w/ Camphor Market’. The product includes Phytocannabinoid-Rich Hemp Oil with Camphor Market and other essential oils like camphor oil to create a light fresh CBD lotion.

In June 2019: Mother Sparsh an Indian manufacturer launched a natural insect repellent product made from camphor oil and other pure natural ingredients such as eucalyptus oil, lemongrass oil, and citronella oil.

Future Outlook

Camphor Market Future Outlook

The Camphor Market is projected to grow at a 4.3% CAGR from 2024 to 2035, driven by increasing demand in pharmaceuticals, cosmetics, and food industries.

New opportunities lie in:

  • Expansion into emerging markets with tailored product offerings.
  • Development of eco-friendly camphor production methods.
  • Investment in R&D for innovative applications in health and wellness.

By 2035, the Camphor Market is expected to achieve robust growth, solidifying its global presence.

Market Segmentation

Camphor Market Form Outlook

  • Powder
  • Oil
  • Tablet
  • Others

Camphor Market Grade Outlook

  • Pharmaceutical Grade
  • Food Grade
  • Others

Camphor Market Application Outlook

  • Plasticizer
  • Paints and Lacquers
  • Flavours and Fragrances
  • Hygiene and Medical
  • Disinfectant and Insecticide
  • Others

Camphor Market End-Use Industry Outlook

  • Pharmaceutical
  • Food & Beverage
  • Agrochemical
  • Cosmetics and Personal Care
  • Chemical
  • Paper
  • Others

Report Scope

MARKET SIZE 20240.5528(USD Billion)
MARKET SIZE 20250.5766(USD Billion)
MARKET SIZE 20350.8786(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)4.3% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledMarket analysis in progress
Segments CoveredMarket segmentation analysis in progress
Key Market OpportunitiesGrowing demand for natural and organic products enhances opportunities in the Camphor Market.
Key Market DynamicsRising demand for natural products drives innovation and competition in the camphor market, influencing supply chain dynamics.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Market Highlights

Author
Anshula Mandaokar
Team Lead - Research

Anshula Mandaokar holds an academic degree in Chemical Engineering and has been contributing to the field for more than 5 years. She has expertise in Market Research and Business Consulting and serves as a Team Lead for a reputed Market Research firm under the Chemicals and Materials domain spectrum. She has worked on multiple projects, generating explicit results in a quick turnaround time. Her understanding of data interpretation justifies her role as a leader.

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FAQs

What is the current valuation of the Camphor Market as of 2024?

The Camphor Market was valued at 0.5528 USD Billion in 2024.

What is the projected market valuation for the Camphor Market in 2035?

The projected valuation for the Camphor Market in 2035 is 0.8786 USD Billion.

What is the expected CAGR for the Camphor Market from 2025 to 2035?

The expected CAGR for the Camphor Market during the forecast period 2025 - 2035 is 4.3%.

Which companies are considered key players in the Camphor Market?

Key players in the Camphor Market include Kraton Corporation, Mitsubishi Gas Chemical Company, and Camphor & Allied Products Limited.

What are the main segments of the Camphor Market by form?

The main segments by form include Powder, Oil, Tablet, and Others, with valuations ranging from 0.0564 to 0.3445 USD Billion.

How does the pharmaceutical grade segment perform in the Camphor Market?

The pharmaceutical grade segment was valued at 0.2764 USD Billion in 2024 and is projected to reach 0.4343 USD Billion by 2035.

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