According to a new market report published by Lucintel, the future of the davana oil market looks promising with opportunities in the medical, spa and relaxation, and others. The global davana oil market is expected to grow with a CAGR of XX% from 2020 to 2025. The major drivers for this market are growing demand as an anti-depressant and has antiseptic, and antiviral properties. These therapeutic properties of davana oil are boosting the demand in the healthcare industry.
In this market, compound essential oil, and unilateral essential oil are the major types. Lucintel forecasts that compaound essential oil will remain the largest segment over the forecast period because increasing demand for health-conscious consumers, rise in demands for natural oils, and antiseptic properties.
Within this market, medical, spa and relaxation, and others are the major application of davana oil. Medical will remain the largest segment by application type over the forecast period due to increasing demand for therapeutic properties of davana oil.
Asia-Pacific is expected to witness the highest growth over the forecast period due to high demand in and around the India and China in the Asia Pacific region, growing usage in perfumes, and having their therapeutic properties.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global davana oil market by type, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Davana Oil Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global davana oil market by type, application, and region as follows:
By Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Compound Essential Oil
Unilateral Essential Oil
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Medical
Spa and Relaxation
Others
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
Germany
United Kingdom
France
A more than 150 pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.