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Camphor Tablets Market By End User (Pharmaceuticals, Food, Chemicals, Agriculture, Others) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022

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 which is found in Asia. It is also known as kapur tree which is a timber tree in the same region. 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.

Camphor tablets are used for wide range of medical properties as it helps reduce pain and swelling, helps relax worn out muscles and reduces congestion and cough. They are used in manufacturing various medicines. Growing demand from the pharmaceutical industry is therefore the major factor driving the growth of camphor tablets in the market. High consumption of camphor tablets for religious rituals in India is another factor boosting market growth for camphor tablets. Camphor is believed to be holy and sacred stuff which is offered to god for thanks giving. Hence, camphor tablets have huge scope for growth in Asia Pacific during the forecast period. Camphor tablets are also used in the agriculture to keep away insects and moths. It is used as repellent in agriculture and even for household activities to keep away reptiles and insects. Therefore steady demand is observed for camphor tablets from the agriculture industry. Camphor tablets are also used in skin care products as it helps reduce acne and pimples. Therefore, chemical industry makes use of camphor in many skin care products and hair care products due to the beneficial properties of camphor. Europe consumes camphor for preparation of almost all sweet dishes. Camphor is the essential ingredient in the cookbooks of Arabians. In India, camphor is used as an essence in some of the sweet dishes. Hence, food is also expected to fuel demand for growth of camphor tablets during the forecast period from 2016 to 2022.

Camphor Tablets market was valued at US$ 93.9 Mn in 2016 and is expected to reach US$ 145.6 Mn by 2022, growing at a CAGR of 7.6% during the forecast period 2016-2022.

Camphor Tablets Market

Purpose of the Report

The purpose of this strategic research study titled “Global Camphor Tablets Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global camphor tablets market.

Target Audience

  • Industry Investors
  • Camphor Tablets Providers/Vendors
  • Research Professionals
  • Emerging Companies
  • Raw Material Suppliers/ Buyers
  • Product Suppliers/ Buyers
  • Research Institutes

USP and Key Offerings

The report titled “Global Camphor Tablets Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” offers strategic insights into the global camphor tablets market along with the market size and estimates for the duration 2015 to 2022. The said research study covers in-depth analysis of multiple market segments based on end-user applications, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading camphor tablets vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

  • Current and future market trends to justify the forthcoming attractive markets within camphor tablets industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2013 – 2014)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global camphor tablets market, of growth, offering market size and estimates for the period from 2015 to 2022, keeping in mind the above mentioned factors.

On the basis of its application, the camphor tablets market is categorized into following end-use segments:

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

Camphor Tablets Market

Pharmaceuticals accounted for the largest share of the global camphor tablets market in 2015. Camphor tablets are used on a large scale in manufacture of medicines for treatment of cough, congestion and skin infections among others. It is used to ease pain in joints and swelling. Most of the athletes use camphor tablets for its anti-inflammatory properties and as an analgesic. Therefore 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 ayurvedic 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. Other uses of camphor tablets include insect and moth repellent, in skin care products which help in preventing acne and pimples. It is also known to be used as a cleanser and helps heal burns and scars. Therefore, high demand is projected for camphor tablets from the chemical industry and is expected to rise in the near future. Camphor tablets are used to keep germs and insects away from crops and plants. Agriculture 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, especially India is the major consumer of camphor tablets as the people in the country believe camphor to be pure and holy. Hence, high demand is reported due to the religious use of camphor tablets in temples, household pooja, etc. and is expected to rise during the forecast period from 2016 to 2022.

Geography Segmentation Analysis

On the basis of geography, the global camphor tablets market is segmented into following categories,

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • France
    • Germany
    • UK
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of Middle East & Africa
  • Rest of the World (RoW)
    • Australia
    • Brazil
    • Rest of RoW

Camphor Tablets Market

Asia Pacific accounted for the largest share of global camphor tablets market in 2015. It accounted for more than 32% share of global camphor tablets market. Growing demand from the pharmaceutical industry for manufacturing medicines has led to high demand for camphor tablets in the region. Moreover, 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 2016 to 2022.

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Published Date:  Apr 2016
Category:  Chemicals
Report ID:   57780
Report Format:   PDF
Pages:   120
Rating:    4.5 (70)
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