Middle East And Africa Lanolin Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 4,466.61 Thousand |
Market Size (Forecast Year) |
USD 5,881.68 Thousand |
CAGR |
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Major Markets Players |
Middle East and Africa Lanolin Market, By Type (Hydrous, Anhydrous), Composition (Natural Composition, Chemical Composition), Product (Fatty Acid, Alcohols, Others), Derivative (Lanolin Alcohol Cholesterin, Acetylated Lanolin, Ethoxylated Lanolin, Isopropyl Lanolate, Lanolin Wax, Laneth, Lanogene, Lanosterols, Quaternium 33, Peg-75, Lanolin Fatty Acid, Technical Wool Grease, Crude Wool Grease, Lanolin Oil, Others), Application(Personal Care and CosmeticsBaby Care Products,Pharmaceuticals,Industrial,Animal Care, Paints and Paper,Others) - Industry Trends and Forecast to 2023 to 2030.
Middle East and Africa Lanolin Market Analysis and Size
The essential factors contributing to the growth of the lanolin market in the forecast period of 2023 to 2030 include the growing use of lanolin in cosmetic and personal care products in the form of creams and oil-based skin lotions which are widely used by consumers. There are multiple uses of lanolin in the metal and automobile sector. In addition, demand for clean label and cruelty-free ingredients and the use of lanolin in pharmaceutical and healthcare products, such as ointment bases, burns dressing, nasal ointment, and wound sprays is driving the market’s growth.
Data Bridge Market Research analyses that the Middle East and Africa lanolin market which was USD 4,466.61 thousand in 2022, is expected to reach USD 5,881.68 thousand by 2030, growing at a CAGR of 3.5% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Middle East and Africa Lanolin Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015-2020) |
Quantitative Units |
Revenue in USD Thousand, Volumes in Units, Pricing in USD |
Segments Covered |
Type (Hydrous, Anhydrous), Composition (Natural Composition, Chemical Composition), Product (Fatty Acid, Alcohols, Others), Derivative (Lanolin Alcohol Cholesterin, Acetylated Lanolin, Ethoxylated Lanolin, Isopropyl Lanolate, Lanolin Wax, Laneth, Lanogene, Lanosterols, Quaternium 33, Peg-75, Lanolin Fatty Acid, Technical Wool Grease, Crude Wool Grease, Lanolin Oil, Others), Application (Personal Care and Cosmetics, Baby Care Products, Pharmaceuticals, Industrial, Animal Care, Paints and Paper, Others) |
Countries Covered |
Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA) |
Market Players Covered |
Croda International Plc (U.K.), Nippon Fine Chemical (Japan), Zhe jiang Garden Biochemical Co., Ltd (China), The Lubrizol Corporation (U.S.), Lanotec (Thailand), FENCHEM (China), Wellman Advanced Materials (U.S.), La Empresa (India), TALLOW PRODUCTS PTY LTD (Australia), Barentz (Netherlands), Gustav Heess Oleochemische Erzeugnisse GmbH (Germany), Spectrum Chemical (U.S.), Global Seven (U.S.), Nanjing Duoyuan Biochemistry Co., Ltd. (China), Charkit Chemical Company LLC. (U.S.), Zhonglan Industry Co., Ltd. (China), Sancai Indsutry Co., Ltd. (China) |
Market Opportunities |
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Market Definition
Lanolin is in the form of yellow wax which is secreted by the sebaceous glands of sheep. In sheep, it is used for keeping their wool soft. Lanolin helps in softening dry spots by the formation of a layer on the skin. In addition, Lanolin is helpful in Eczema, burns, scrapes, baby diaper rashes, cracked skin, and dry nipples. Lanolin is used in the production of creams, ointments, moisturizers, lipsticks, concealer eyeliners, eye creams, hair removal creams, hair conditioners, and other products owing to its beneficial qualities.
Middle East and Africa Lanolin Market Dynamics
Drivers
- Increasing use in cosmetics and personal care
Lanolin is widely used in cosmetics and personal care products. There is a rise in the demand for cosmetics and personal care products due to the growing demand from working women. Lanolin is used in cosmetics and personal care for various applications such as emulsifiers, emollients, moisturizers, and stabilizers. It is used for several purposes such as distillation, washing, and others.
- Growing use of lanolin as a lubricant
Lanolin is widely used in the form of lubricant in the Middle East and Africa region, several sectors such as metal mining, and automobiles are opting for lanolin as a prominent lubricant. Along with this, awareness is rising among people about the depletion of natural resources such as mineral oil. Therefore, bio-based lubricants are preferred over mineral oil-based lubricants. Therefore, the growing use of lanolin as a lubricant is significantly contributing to the market’s growth.
Opportunities
- Increasing use in the pharmaceutical and healthcare sector
The usage of lanolin is significantly increasing in the pharmaceutical and healthcare sector, as it is used for various applications. Lanolin is majorly used in the pharmaceutical sector in the form of creams, gels, lotions, eye ointment, nasal ointment, and plaster. As the population is growing, the number of diseases, skin problems, infections, and allergies is increasing. The increase in the various ailments is further increasing the use of lanolin in the pharmaceutical sector which is contributing to the market’s growth.
- Increasing use of baby care products
Liquid lanolin is widely used in baby care products in the form of lotions, creams, gels, and ointments as it is gentle and non-irritating. Lanolin is very helpful for curing diapers and dribbling rash. Along with this the lifestyle changes, growing living standards of people, and various government initiatives encouraging baby care significantly contributed to the market’s growth.
Restraints/Challenges
- Availability of substitute of lanolin
Various substitutes of lanolin are available in the market. The alternatives present for lanolin are Hydrogenated castor oil, soft butter added in the heated oil phase, and cold blend into anhydrous products. These alternative products are less expensive than lanolin and possess the same properties as lanolin. In addition, Aquaphor and Vaseline are some alternatives which available and less expensive. Therefore, the availability of several substitutes is a major restraint hindering the market’s growth.
- Side effects of lanolin
Lanolin has various side effects such as skin burning, stinging, redness, and irritation caused by various products of lanolin. Furthermore, unusual changes in the skin such as whitening of the skin, skin becoming soft and soggy, and further leading to extreme wetness are the major issues faced by consumers. In addition, severe skin infections can be caused by lanolin which is a major challenge hindering the market’s growth.
This lanolin market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the lanolin contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Middle East and Africa Lanolin Market Scope
The lanolin market is segmented on the basis type, composition, product, derivative and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Hydrous
- Anhydrous
Composition
- Natural Composition
- Chemical Composition
Product
-
Fatty Acid
- Aliphatic
- Alpha Hydroxy
- Omega Hydroxy
- Unsaturated
- Others
- Alcohols
- Cholesterol
- Lanosterols
- Aliphatic, 1,2 Diols
- Others
- Others
Derivative
- Lanolin Alcohol
- Liquid Absorption Base (LAB)
- Others
- Cosmetic Grade Lanolin Alcohol
- Acetylated Lanolin Alcohol
- Cholesterin
- Feed Grade
- Cosmetic and Pharmaceutical Grade
- Acetylated Lanolin
- Ethoxylated Lanolin
- Isopropyl Lanolate
- Lanolin Wax
- Laneth
- Lanogene
- Lanosterols
- Quaternium 33
- Peg-75
- Lanolin Fatty Acid
- Technical Wool Grease
- Crude Wool Grease
- Lanolin Oil
- Others
Application
- Pharmaceutical
- Healing Ointment
- Wound Care Product
- Rashes Ointment
- Eye Ointment
- Nasal Ointment
- Nipple Care Ointments
- Plaster
- Others
- Baby Products
- Cosmetics and Personal care
- Cream
- Lotions
- Moisturizers
- Lipstick
- Lip Balm
- Sunscreen
- Soap
- Body Wash
- Shampoo
- Conditioner
- Others
- Industrial
- Wax and Polish
- Metal Lubricants
- Cooling Fluids
- Sealants
- Wire Insulation
- Corrosion Inhibitors
- Others
- Animal Care
- Paints and Paper
- Others
Middle East and Africa Lanolin Market Regional Analysis/Insights
The lanolin market is analysed and market size insights and trends are provided type, composition, product, derivative and application as referenced above.
The countries covered in the lanolin market report are Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Saudi Arabia dominates the lanolin market in the Middle East and Africa market due to growing bio based cosmetic industry in the region. Along with this easy availability of raw materials and growing use of cosmetics and personal care in Saudi Arabia are significantly driving the market’s growth.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Middle East and Africa Lanolin Market Share Analysis
The lanolin market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to lanolin market.
Some of the major players operating in the lanolin market are:
- Croda International Plc (U.K.)
- Nippon Fine Chemical (Japan)
- Zhe jiang Garden Biochemical Co., Ltd (China)
- The Lubrizol Corporation (U.S.)
- Lanotec (Thailand)
- FENCHEM (China)
- Wellman Advanced Materials (U.S.)
- La Empresa (India)
- TALLOW PRODUCTS PTY LTD (Australia)
- Barentz (Netherlands)
- Gustav Heess Oleochemische Erzeugnisse GmbH (Germany)
- Spectrum Chemical (U.S.)
- Global Seven (U.S.)
- Nanjing Duoyuan Biochemistry Co., Ltd. (China)
- Charkit Chemical Company LLC. (U.S.)
- Zhonglan Industry Co., Ltd. (China)
- Sancai Indsutry Co., Ltd. (China)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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