Sampfasdle-Vietnam Essential Oils Market-IMARC

Vietnam Essential Oils Market Report by Product
(Cedarwood Oil, Eucalyptus Oil, Lavender Oil, Lemongrass

Oil, Rosemary Oil, Tea Tree Oil, Ylang Ylang Oil, and
Others), Application (Medical, Food and Beverages, Spa
and Relaxation, Cleaning, and Others), Sales Channel
(Offline Stores, Online Stores), and Region 2024-2032
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Competitive Market Entry and Consumer

Procurement Surveys and Pricing and Cost
Intelligence and Opportunity
Research Feedback Reports Research
Benchmarking Assessment
Certifications and Recognitions
Report Coverage – Key Sections and Segments
Market By Product Market By Region
• Cedarwood Oil • Northern Vietnam

• Eucalyptus Oil • Central Vietnam
• Lavender Oil • Southern Vietnam
• Lemongrass Oil
• Rosemary Oil
• Tea Tree Oil
• Ylang Ylang Oil
• Others Market Dynamics
Market By Application • COVID-19 Impact on the Industry

• Drivers, Restraints, and Opportunities
• Medical • Drivers
• Food and Beverages • Restraints
• Spa and Relaxation • Opportunities
• Cleaning • Porter’s Five Forces Analysis
• Others • Bargaining Power of Buyers
• Bargaining Power of Suppliers
• Degree of Competition
Market By Sales Channel • Threat of New Entrants
• Threat of Substitutes
• Offline Stores • Value Chain Analysis
• Online Stores • Key Demand and Price Indicators
• New Events & Key Market Developments
Table of Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Vietnam Essential Oils Market - Introduction
4.1 Overview
4.2 Market Dynamics
4.3 Industry Trends
4.4 Competitive Intelligence
5 Vietnam Essential Oils Market Landscape
5.1 Historical and Current Market Trends (2018-2023)
5.2 Market Forecast (2024-2032)
6 Vietnam Essential Oils Market - Breakup by Product
6.1 Cedarwood Oil
6.1.1 Overview
6.1.2 Historical and Current Market Trends (2018-2023)
6.1.3 Market Forecast (2024-2032)
6.2 Eucalyptus Oil
6.2.1 Overview
Table of Contents
6.3 Lavender Oil
6.3.1 Overview
6.4 Lemongrass Oil
6.4.1 Overview
6.5 Rosemary Oil
6.5.1 Overview
6.6 Tea Tree Oil
6.6.1 Overview
6.7 Ylang Ylang Oil
6.7.1 Overview
6.8 Others
7 Vietnam Essential Oils Market - Breakup by Application
7.1 Medical
Table of Contents
7.1.1 Overview
7.1.3 Market Segmentation
7.1.3.1 Pharmaceutical
7.1.3.2 Nutraceuticals
7.2 Food and Beverages
7.2.1 Overview
7.2.3.1 Bakery and Confectionery
7.2.3.2 Beverages
7.2.3.3 Meat, Poultry and Seafood
7.2.3.4 Others
7.3 Spa and Relaxation
7.3.1 Overview
7.3.3.1 Aromatherapy
7.3.3.2 Personal Care
7.3.3.3 Cosmetics
7.3.3.4 Toiletries
7.3.3.5 Others
7.4 Cleaning
7.4.1 Overview
Table of Contents
7.4.3.1 Kitchen Cleaners
7.4.3.2 Floor Cleaners
7.4.3.3 Bathroom Cleaner
7.4.3.4 Others
7.5 Others
8 Vietnam Essential Oils Market - Breakup by Sales Channel
8.1 Offline Stores
8.1.1 Overview
8.2 Online Stores
8.2.1 Overview
9 Vietnam Essential Oils Market – Breakup by Region
9.1 Northern Vietnam
9.1.1 Overview
9.1.3 Market Breakup by Product
9.1.4 Market Breakup by Application
9.1.5 Market Breakup by Sales Channel
9.1.6 Key Players
Table of Contents
9.2 Central Vietnam
9.2.1 Overview
9.2.6 Key Players
9.3 Southern Vietnam
9.3.1 Overview
9.3.6 Key Players
10 Vietnam Essential Oils Market – Competitive Landscape
10.1 Overview
10.2 Market Structure
10.3 Market Player Positioning
10.4 Top Winning Strategies
10.5 Competitive Dashboard
10.6 Company Evaluation Quadrant
11 Profiles of Key Players
11.1 Company A
11.1.1 Business Overview
Table of Contents
11.1.2 Product Portfolio
11.1.3 Business Strategies
11.1.4 SWOT Analysis
11.1.5 Major News and Events
11.2 Company B
11.3 Company C
11.4 Company D
11.5 Company E
Table of Contents
Company names have not been provided here as this is a sample TOC. The complete list is provided in the report.
12 Vietnam Essential Oils Market - Industry Analysis

12.1 Drivers, Restraints, and Opportunities
12.1.1 Overview
12.1.2 Drivers
12.1.3 Restraints
12.1.4 Opportunities
12.2 Porters Five Forces Analysis
12.2.1 Overview
12.2.2 Bargaining Power of Buyers
12.2.3 Bargaining Power of Suppliers
12.2.4 Degree of Competition
12.2.5 Threat of New Entrants
12.2.6 Threat of Substitutes
12.3 Value Chain Analysis
13 Appendix
REPORT OBJECTIVES &
DESCRIPTION
Objective of the Study and Stake Holders
1 Research Objective 2 Stakeholders
❑ The objective of the report is to provide ❑ Our report will help all those who have a
our clients an in-depth analysis of the functional or financial interest in the
Vietnam essential oils market. The Vietnam essential oils market or are
report covers all the essential aspects of planning to foray into it. Our insights will be
the industry including the current and valuable for:
historical market trends, market • Entrepreneurs
forecast, market segmentation, and • Investors, Stockholders and Creditors
market drivers and challenges. • Government and Research
Organisations
❑ This report is intended to help our • Researchers, Consultants and Business
clients: Strategists
• Address numerous market • Suppliers, traders, distributors and
challenges retailers
• Identify new opportunities • Associations and industrial bodies
• Make strategic business decisions • Regulatory institutions
Report Description
Market Overview:
Vietnam essential oils market size is projected to exhibit a growth rate (CAGR) of 5.70% during 2024-
2032. Numerous innovations in the extraction methods, along with the growing e-commerce platforms,
are primarily driving the market growth.
Essential oils are highly concentrated extracts that capture the inherent essence of plants. This category encompasses
a variety of oils, including but not limited to lavender, peppermint, lemongrass, tea tree, rosemary, cedarwood, and
eucalyptus. They are usually derived through diverse methods, such as steam distillation and cold pressing. Essential
oils find extensive applications across multiple domains, including aromatherapy, massage therapy, flavoring in
culinary preparations, augmenting the properties of beauty products, therapeutic use, formulation of household
cleaning products, pest management, skincare routines, air freshening, and addressing minor health concerns. They
also offer a spectrum of benefits, including improved digestion, enhanced sleep quality, reinforcement of the immune
system, anxiety and stress reduction, mood elevation, and relief from headaches.
Vietnam Essential Oils Market Trends:
In Vietnam, the essential oils market is experiencing robust growth, driven by a diverse range of factors. One of the
primary catalysts is the increasing demand for essential oils across various sectors, including cosmetics, food and
beverages (F&B), pharmaceuticals, and cleaning agents. The surge in e-commerce platforms has also significantly
contributed to market growth in Vietnam. Additionally, these platforms offer consumers the convenience to explore
and purchase a diverse range of essential oil products, further expanding market reach and accessibility. Furthermore,
continuous research and innovation in extraction methods, alongside the development of new blends and
formulations, have acted as additional growth drivers. This commitment to advancing essential oil production methods
ensures a steady stream of innovative products that cater to evolving consumer preferences. Moreover, the increasing
disposable income among consumers in Vietnam has facilitated greater investment in premium and wellness-oriented
products like essential oils, which is acting as another significant growth-inducing factor.
Report Description
This financial capacity to invest in high-quality products is also bolstering market expansion. These dynamics will
collectively shape a promising outlook for the market over the forecasted period.
Vietnam Essential Oils Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country
level for 2024-2032. Our report has categorized the market based on product, application, and sales channel.
Product Insights:
• Cedarwood Oil
• Eucalyptus Oil
• Lavender Oil
• Lemongrass Oil
• Rosemary Oil
• Tea Tree Oil
• Ylang Ylang Oil
• Others
The report has provided a detailed breakup and analysis of the market based on the product. This includes cedarwood
oil, eucalyptus oil, lavender oil, lemongrass oil, rosemary oil, tea tree oil, ylang ylang oil, and others.
Application Insights:
• Medical
o Pharmaceutical
o Nutraceuticals
Report Description
• Food and Beverages
o Bakery and Confectionery
o Beverages
o Meat, Poultry and Seafood
o Others
• Spa and Relaxation
o Aromatherapy
o Personal Care
o Cosmetics
o Toiletries
o Others
• Cleaning
o Kitchen Cleaners
o Floor Cleaners
o Bathroom Cleaner
o Others
• Others
A detailed breakup and analysis of the market based on the application have also been provided in the report. This
includes medical (pharmaceutical and nutraceuticals), food and beverages (bakery and confectionery, beverages,
meat, poultry and seafood, and others), spa and relaxation (aromatherapy, personal care, cosmetics, toiletries, and
others), cleaning (kitchen cleaners, floor cleaners, bathroom cleaner, and others), and others.
Sales Channel Insights:
• Offline Stores
• Online Stores
Report Description
The report has provided a detailed breakup and analysis of the market based on the sales channel. This includes offline
stores and online stores.
Regional Insights:
• Northern Vietnam
• Central Vietnam
• Southern Vietnam
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern
Vietnam, Central Vietnam, and Southern Vietnam.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market.
Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard,
and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have
been provided.
Key Questions Answered in This Report:
• How has the Vietnam essential oils market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Vietnam essential oils market?
• What is the breakup of the Vietnam essential oils market on the basis of product?
• What is the breakup of the Vietnam essential oils market on the basis of application?
• What is the breakup of the Vietnam essential oils market on the basis of sales channel?
• What are the various stages in the value chain of the Vietnam essential oils market?
Report Description
• What are the key driving factors and challenges in the Vietnam essential oils?
• What is the structure of the Vietnam essential oils market and who are the key players?
• What is the degree of competition in the Vietnam essential oils market?
Study Assumptions
• US Dollar (US$) is the base currency considered for the purpose

of this study. The conversion of other currencies to US$ has
been considered based on the average exchange rate for the
respective review period years. The exchange rate conversion
for forecast period has been determined based on the base
year’s conversion rates unless and otherwise mentioned.
• The base year has been identified based on the availability of
annual reports and/or secondary information. The base year
considered for this study is 2023.
• The review period considered for this study is from 2018 to
2023. The forecast period is from 2024 to 2032.
• Market size estimations for the forecast years are in real terms.
Inflation is not a part of the pricing and the Average Selling
Price (ASP) has been kept constant through the forecast period
for each region.
• Distribution of primary interviews conducted has been based on
the regional share of the market and the presence of key
players in each region.
• As a result of data-triangulation through multiple methodologies
and approaches, the weighted averages of resulting estimates
were considered to be the final values.
RESEARCH
METHODOLOGY
Research Methodology - Information Sources
Interviews with Marketing Managers, Directors, Key players: Annual reports/SEC filings, investor
Vice Presidents, Sales Managers, Strategy presentations, press releases, etc.
Managers, etc. Data IMARC’s Internal
Secondary Research
Triangulation Database
Primary Research
Interviews with channel partners and other value IMARC data repository of published reports
chain participants
IMARC
Databases (Paid/Unpaid), LinkedIn, Factiva,
Interviews with consumers Bloomberg, OneSource, Hoovers, etc.
Primary Secondary Articles from recognized authors, company

Sources Sources
Interviews with government bodies and trade websites, directories, government sources,
associations industry associations, etc.
Information Market Landscape and Market Classification

Regional Insights Key Players’ Information
Collected Trends and Segmentations
Policy and Regulatory

Key Market Opportunities Key Challenges Market Outlook
Scenario
Research Methodology - Market Sizing
Overall Market Combined Approach

We combine both top-down and bottom-up approaches
during the market estimation process to ensure that
Top-Down Approach the data is accurate and reflects the industry trends.
Regional Market
In the top-down approach, we
start with the largest possible
Sub-Category market estimate. This market
Market is then reduced to the required Overall Market
segments using primary and
secondary information sources.
Total Market Regional Market
Demand at a
Sub-Category Level
Regional Market Sub-category
Product A
Demand at a Market
Country Level
Bottom-Up Approach Product B

Opposed to top-down, in the
bottom-up approach, we start Demand at A
Total Market with estimating the individual Product B1
Sub-Category Level
segments. These segments are Product B
Regional
then added to calculate the Market
Product A Demand at A
overall market. Product B2
Country Level
Product B Forecasting Methodology

We use our extensive database of macroeconomic and sector-specific data to generate the
industry forecast. The initial baseline forecasts are generated with the most recent market
data. After an initial baseline forecast, all future events and assumptions are based on
Product B1
extensive primary and secondary research. Information is gathered from our internal
Product B databases, as well as from key stakeholders in the industry. This enables us to take
account of unprecedented events that otherwise cannot be normally captured.
Product B2
Research Methodology - Data Validation and Quality Check
Prior to finalization, the data undergoes a series of internal and external quality checks. This ensures that the final data reflects high levels of quality
and reliability.
Level 1 Level 2 Level 3

In-Panel QC Validation Validation by Industry Experts Validation by Various Data Analysis Models
Output
Partial Validation
Wait for Complete Validation
Validated
Move to Publishing
Post-launch Market Monitoring
▪ The data validation process involves multiple levels of internal and external validation. Prior to finalization, market estimates and forecasts
undergo a three-step validation protocol:
▪ Validation by our internal quality control team
▪ Validation by industry experts and Key Opinion Leaders (KOL’s)
▪ Validation by various data analysis models
▪ The final report is dispatched only after the information has been validated using our three-step validation protocol
EXECUTIVE SUMMARY
Executive Summary
Market
Market Drivers Market Outlook Market Trends Key Players
Developments
Content Removed Content Removed Content Removed Content Removed Content Removed
From Sample From Sample From Sample From Sample From Sample
Executive Summary
Northern Vietnam – Million US$
Central Vietnam - Million US$
Southern Vietnam - Million US$

Drivers and Challenges
Driver 2 Driver 3
Content Removed From Sample Content Removed From Sample
Driver 1 Driver 4
Content Removed From Sample Drivers Content Removed From Sample
Challenges
Challenge 4
Challenge 1
Content Removed From Sample
Challenge 2 Challenge 3
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VIETNAM ESSENTIAL OILS
MARKET
Vietnam: Essential Oils Market Overview
Table: Vietnam: Essential Oils Market: Key Industry Highlights, 2023 and 2032
Particulars 2023 2032 CAGR (2023-2032)
Vietnam Essential Oils Market

X X X
(in Million US$)
Market by Region 2023 2032 CAGR (2023-2032)
Northern Vietnam X X X
Central Vietnam X X X
Southern Vietnam X X X
Vietnam Essential Oils Market (2018-2023)
Figure: Vietnam: Essential Oils Market: Value Trends

(in Million US$), 2018-2023
250 Content Removed From Sample

213.4 218.0
204.2 208.8
195.0 199.6
200
in Million US$
150
100
50
0
2018 2019 2020 2021 2022 2023
Note: These are dummy figures

Vietnam Essential Oils Market Forecast (2024-2032)
Figure: Vietnam: Essential Oils Market Forecast: Value

Trends (in Million US$), 2024 - 2032
238.0 241.4 244.8 248.2 Content Removed From Sample

250 231.2 234.6
221.0 224.4 227.8
200
in Million US$
150
100
50
0
2024 2025 2026 2027 2028 2029 2030 2031 2032

Vietnam Essential Oils Market by Product (2023)
Figure: Vietnam: Essential Oils Market: Breakup by Product

(in %), 2023

Cedarwood Oil Eucalyptus Oil Lavender Oil Lemongrass Oil
Rosemary Oil Tea Tree Oil Ylang Ylang Oil Others

Vietnam Essential Oils Market: Breakup by Product (2018-2023)
Table: Vietnam: Essential Oils Market: Breakup by Product (in Million US$), 2018-2023
CAGR
Product 2018 2019 2020 2021 2022 2023
2018-2023
Cedarwood Oil X X X X X X X
Eucalyptus Oil X X X X X X X
Lavender Oil X X X X X X X
Lemongrass Oil X X X X X X X
Rosemary Oil X X X X X X X
Tea Tree Oil X X X X X X X
Ylang Ylang Oil X X X X X X X
Others X X X X X X X

Vietnam Essential Oils Market Forecast: Breakup by Product (2024-2032)
Table: Vietnam: Essential Oils Market Forecast: Breakup by Product (in Million US$), 2024-2032
CAGR
Product 2024 2025 2026 2027 2028 2029 2030 2031 2032
2024-2032
Cedarwood Oil X X X X X X X X X X
Eucalyptus Oil X X X X X X X X X X
Lavender Oil X X X X X X X X X X
Lemongrass Oil X X X X X X X X X X
Rosemary Oil X X X X X X X X X X
Tea Tree Oil X X X X X X X X X X
Ylang Ylang Oil X X X X X X X X X X
Others X X X X X X X X X X

Vietnam: Essential Oils (Cedarwood Oil) Market: 2018-2023
Figure: Vietnam: Essential Oils (Cedarwood Oil) Market:

Value Trends (in Million US$), 2018-2023

121.0
120 116.4
111.8
107.2
102.6
98.0
100
in Million US$
80
60
40
0
2018 2019 2020 2021 2022 2023

Vietnam: Essential Oils (Cedarwood Oil) Market Forecast: 2024-2032
Figure: Vietnam: Essential Oils (Cedarwood Oil) Market

Forecast: Value Trends (in Million US$), 2024-2032
160 152.2 Content Removed From Sample

142.0 145.4 148.8
138.6
140 128.4 131.8 135.2
125.0
120
in Million US$
100
80
60
40
20
0
2024 2025 2026 2027 2028 2029 2030 2031 2032

Vietnam: Essential Oils (Eucalyptus Oil) Market: 2018-2023
Figure: Vietnam: Essential Oils (Eucalyptus Oil) Market:

120 115.0
110.4
105.8
101.2
100 96.6
92.0
in Million US$
80
60
40
0
2018 2019 2020 2021 2022 2023

Vietnam: Essential Oils (Eucalyptus Oil) Market Forecast: 2024-2032
Figure: Vietnam: Essential Oils (Eucalyptus Oil) Market


147.2
137.0 140.4 143.8
140
126.8 130.2 133.6
120.0 123.4
120
in Million US$
100
80
60
40
0
2024 2025 2026 2027 2028 2029 2030 2031 2032

Vietnam: Essential Oils (Lavender Oil) Market: 2018-2023
Figure: Vietnam: Essential Oils (Lavender Oil) Market: Value

Trends (in Million US$), 2018-2023

108.0
103.4
98.8
100 94.2
89.6
85.0
80
in Million US$
60
40
20
0
2018 2019 2020 2021 2022 2023

Vietnam: Essential Oils (Lavender Oil) Market Forecast: 2024-2032
Figure: Vietnam: Essential Oils (Lavender Oil) Market


142.2
140 132.0 135.4 138.8
128.6
118.4 121.8 125.2
120 115.0
in Million US$
100
80
60
40
20
0
2024 2025 2026 2027 2028 2029 2030 2031 2032

Vietnam: Essential Oils (Lemongrass Oil) Market: 2018-2023
Figure: Vietnam: Essential Oils (Lemongrass Oil) Market:


105.0
100.4
100 95.8
91.2
86.6
82.0
80
in Million US$
60
40
20
0
2018 2019 2020 2021 2022 2023

Vietnam: Essential Oils (Lemongrass Oil) Market Forecast: 2024-2032
Figure: Vietnam: Essential Oils (Lemongrass Oil) Market


139.2
140 129.0 132.4 135.8
125.6
115.4 118.8 122.2
120 112.0
in Million US$
100
80
60
40
20
0
2024 2025 2026 2027 2028 2029 2030 2031 2032

Vietnam: Essential Oils (Rosemary Oil) Market: 2018-2023
Figure: Vietnam: Essential Oils (Rosemary Oil) Market:


101.0
100 96.4
91.8
87.2
82.6
78.0
80
in Million US$
60
40
20
0
2018 2019 2020 2021 2022 2023

Vietnam: Essential Oils (Rosemary Oil) Market Forecast: 2024-2032
Figure: Vietnam: Essential Oils (Rosemary Oil) Market

140 128.4 131.8 135.2

125.0
114.8 118.2 121.6
120 108.0 111.4
in Million US$
100
80
60
40
20
0
2024 2025 2026 2027 2028 2029 2030 2031 2032

Vietnam: Essential Oils (Tea Tree Oil) Market: 2018-2023
Figure: Vietnam: Essential Oils (Tea Tree Oil) Market: Value

98.0
100 93.4
88.8
84.2
79.6
80 75.0
in Million US$
60
40
20
0
2018 2019 2020 2021 2022 2023

Vietnam: Essential Oils (Tea Tree Oil) Market Forecast: 2024-2032
Figure: Vietnam: Essential Oils (Tea Tree Oil) Market


125.4 128.8 132.2
115.2 118.6 122.0
120 111.8
105.0 108.4
100
in Million US$
80
60
40
0
2024 2025 2026 2027 2028 2029 2030 2031 2032

Vietnam: Essential Oils (Ylang Ylang Oil) Market: 2018-2023
Figure: Vietnam: Essential Oils (Ylang Ylang Oil) Market:


90.4
90 85.8
81.2
80 76.6
72.0
70
in Million US$
60
50
40
30
20
10
0
2018 2019 2020 2021 2022 2023

Vietnam: Essential Oils (Ylang Ylang Oil) Market Forecast: 2024-2032
Figure: Vietnam: Essential Oils (Ylang Ylang Oil) Market


122.4 125.8 129.2
120 112.2 115.6 119.0
108.8
102.0 105.4
100
in Million US$
80
60
40
0
2024 2025 2026 2027 2028 2029 2030 2031 2032

Vietnam: Essential Oils (Others) Market: 2018-2023
Figure: Vietnam: Essential Oils (Others) Market: Value


91.0
90 86.4
81.8
80 77.2
72.6
68.0
70
in Million US$
60
50
40
30
20
10
0
2018 2019 2020 2021 2022 2023

Vietnam: Essential Oils (Others) Market Forecast: 2024-2032
Figure: Vietnam: Essential Oils (Others) Market Forecast:

140 128.4 131.8 135.2

125.0
114.8 118.2 121.6
120 108.0 111.4
in Million US$
100
80
60
40
20
0
2024 2025 2026 2027 2028 2029 2030 2031 2032

Vietnam Essential Oils Market by Application (2023)
Figure: Vietnam: Essential Oils Market: Breakup by

Application (in %), 2023

Medical Food and Beverages Spa and Relaxation
Cleaning Others

Vietnam Essential Oils Market: Breakup by Application (2018-2023)
Table: Vietnam: Essential Oils Market: Breakup by Application (in Million US$), 2018-2023
CAGR
Application 2018 2019 2020 2021 2022 2023
2018-2023
Medical X X X X X X X
Food and
X X X X X X X
Beverages
Spa and
X X X X X X X
Relaxation
Cleaning X X X X X X X
Others X X X X X X X

Vietnam Essential Oils Market Forecast: Breakup by Application (2024-2032)
Table: Vietnam: Essential Oils Market Forecast: Breakup by Application (in Million US$), 2024-2032
CAGR
Application 2024 2025 2026 2027 2028 2029 2030 2031 2032 2024-
2032
Medical X X X X X X X X X X
Food and
X X X X X X X X X X
Beverages
Spa and
X X X X X X X X X X
Relaxation
Cleaning X X X X X X X X X X
Others X X X X X X X X X X

Vietnam: Essential Oils (Medical) Market: 2018-2023
Figure: Vietnam: Essential Oils (Medical) Market: Value


93.0
88.4
90 83.8
79.2
80 74.6
70.0
70
in Million US$
60
50
40
30
20
10
0
2018 2019 2020 2021 2022 2023

Vietnam: Essential Oils (Medical) Market Forecast: 2024-2032
Figure: Vietnam: Essential Oils (Medical) Market Forecast:

120.4 123.8 127.2 Content Removed From Sample

120 110.2 113.6 117.0
106.8
100.0 103.4
100
in Million US$
80
60
40
0
2024 2025 2026 2027 2028 2029 2030 2031 2032

Vietnam: Essential Oils (Food and Beverages) Market: 2018-2023
Figure: Vietnam: Essential Oils (Food and Beverages)

Market: Value Trends (in Million US$), 2018-2023

88.0
90 83.4
78.8
80 74.2
69.6
70 65.0
in Million US$
60
50
40
30
20
10
0
2018 2019 2020 2021 2022 2023

Vietnam: Essential Oils (Food and Beverages) Market Forecast: 2024-2032
Figure: Vietnam: Essential Oils (Food and Beverages)

Market Forecast: Value Trends (in Million US$), 2024-2032
115.4 118.8 122.2

120
105.2 108.6 112.0
95.0 98.4 101.8
100
in Million US$
80
60
40
0
2024 2025 2026 2027 2028 2029 2030 2031 2032

Vietnam: Essential Oils (Spa and Relaxation) Market: 2018-2023
Figure: Vietnam: Essential Oils (Spa and Relaxation) Market:


83.0
78.4
80 73.8
69.2
70 64.6
60.0
60
in Million US$
50
40
30
20
10
0
2018 2019 2020 2021 2022 2023

Vietnam: Essential Oils (Spa and Relaxation) Market Forecast: 2024-2032
Figure: Vietnam: Essential Oils (Spa and Relaxation) Market


117.2
120
107.0 110.4 113.8
103.6
93.4 96.8 100.2
100 90.0
in Million US$
80
60
40
0
2024 2025 2026 2027 2028 2029 2030 2031 2032

Vietnam: Essential Oils (Cleaning) Market: 2018-2023
Figure: Vietnam: Essential Oils (Cleaning) Market: Value


78.0
80 73.4
68.8
70 64.2
59.6
60 55.0
in Million US$
50
40
30
20
10
0
2018 2019 2020 2021 2022 2023

Vietnam: Essential Oils (Cleaning) Market Forecast: 2024-2032
Figure: Vietnam: Essential Oils (Cleaning) Market Forecast:


108.8
105.4
102.0
98.6
100 95.2
91.8
88.4
85.0
80
in Million US$
60
40
0
2024 2025 2026 2027 2028 2029 2030 2031 2032

Vietnam: Essential Oils (Others) Market: 2018-2023
Figure: Vietnam: Essential Oils (Others) Market: Value


73.0
68.4
70 63.8
59.2
60 54.6
50.0
in Million US$
50
40
30
20
0
2018 2019 2020 2021 2022 2023

Vietnam: Essential Oils (Others) Market Forecast: 2024-2032
Figure: Vietnam: Essential Oils (Others) Market Forecast:


107.2
103.8
100.4
100 97.0
93.6
90.2
86.8
83.4
80.0
80
in Million US$
60
40
0
2024 2025 2026 2027 2028 2029 2030 2031 2032

Vietnam Essential Oils Market by Sales Channel (2023)
Figure: Vietnam: Essential Oils Market: Breakup by Sales

Channel (in %), 2023

Offline Stores Online Stores

Vietnam Essential Oils Market: Breakup by Sales Channel (2018-2023)
Table: Vietnam: Essential Oils Market: Breakup by Sales Channel (in Million US$), 2018-2023
Sales CAGR
2018 2019 2020 2021 2022 2023
Channel 2018-2023
Offline Stores X X X X X X X
Online Stores X X X X X X X

Vietnam Essential Oils Market Forecast: Breakup by Sales Channel (2024-2032)
Table: Vietnam: Essential Oils Market Forecast: Breakup by Sales Channel (in Million US$), 2024 -2032
CAGR
Sales
2024 2025 2026 2027 2028 2029 2030 2031 2032 2024-
Channel
2032
Offline Stores X X X X X X X X X X
Online Stores X X X X X X X X X X

Vietnam: Essential Oils (Offline Stores) Market: 2018-2023
Figure: Vietnam: Essential Oils (Offline Stores) Market:


91.0
90 86.4
81.8
80 77.2
72.6
68.0
70
in Million US$
60
50
40
30
20
10
0
2018 2019 2020 2021 2022 2023

Vietnam: Essential Oils (Offline Stores) Market Forecast: 2024-2032
Figure: Vietnam: Essential Oils (Offline Stores) Market


115.4 118.8 122.2
120
105.2 108.6 112.0
95.0 98.4 101.8
100
in Million US$
80
60
40
0
2024 2025 2026 2027 2028 2029 2030 2031 2032

Vietnam: Essential Oils (Online Stores) Market: 2018-2023
Figure: Vietnam: Essential Oils (Online Stores) Market:


90 86.0
81.4
80 76.8
72.2
70 67.6
63.0
in Million US$
60
50
40
30
20
10
0
2018 2019 2020 2021 2022 2023

Vietnam: Essential Oils (Online Stores) Market Forecast: 2024-2032
Figure: Vietnam: Essential Oils (Online Stores) Market

120 112.4 115.8 119.2

102.2 105.6 109.0
95.4 98.8
100 92.0
in Million US$
80
60
40
0
2024 2025 2026 2027 2028 2029 2030 2031 2032

REGIONAL ANALYSIS
Vietnam Essential Oils Market by Region (2023)
Figure: Vietnam: Essential Oils Market: Breakup by Region

(in %), 2023
Northern Vietnam Central Vietnam Southern Vietnam

Vietnam Essential Oils Market: Breakup by Region (2018-2023)
Table: Vietnam: Essential Oils Market: Breakup by Region (in Million US$), 2018-2023
CAGR
Region 2018 2019 2020 2021 2022 2023
2018-2023
Northern
X X X X X X X
Vietnam
Central
X X X X X X X
Vietnam
Southern
X X X X X X X
Vietnam

Vietnam Essential Oils Market Forecast: Breakup by Region (2024-2032)
Table: Vietnam: Essential Oils Market Forecast: Breakup by Region (in Million US$), 2024-2032
CAGR
Region 2024 2025 2026 2027 2028 2029 2030 2031 2032
2024-2032
Northern
X X X X X X X X X X
Vietnam
Central
X X X X X X X X X X
Vietnam
Southern
X X X X X X X X X X
Vietnam

Northern Vietnam: Essential Oils Market: 2018-2023
Figure: Northern Vietnam: Essential Oils Market: Value


79.0
80 74.4
69.8
70 65.2
60.6
60 56.0
in Million US$
50
40
30
20
10
0
2018 2019 2020 2021 2022 2023

Northern Vietnam Essential Oils Market by Product (2023)
Figure: Northern Vietnam: Essential Oils Market: Breakup by

Product (in %), 2023


Northern Vietnam Essential Oils Market by Application (2023)


Cleaning Others

Northern Vietnam Essential Oils Market by Sales Channel (2023)

Sales Channel (in %), 2023


Northern Vietnam: Essential Oils Market Forecast: 2024-2032
Figure: Northern Vietnam: Essential Oils Market Forecast:


108.8
105.4
102.0
98.6
100 95.2
91.8
88.4
85.0
80
in Million US$
60
40
0
2024 2025 2026 2027 2028 2029 2030 2031 2032

Central Vietnam: Essential Oils Market: 2018-2023
Figure: Central Vietnam: Essential Oils Market: Value Trends

(in Million US$), 2018-2023

73.0
68.4
70 63.8
59.2
60 54.6
50.0
in Million US$
50
40
30
20
0
2018 2019 2020 2021 2022 2023

Central Vietnam Essential Oils Market by Product (2023)
Figure: Central Vietnam: Essential Oils Market: Breakup by



Central Vietnam Essential Oils Market by Application (2023)


Cleaning Others

Central Vietnam Essential Oils Market by Sales Channel (2023)



Central Vietnam: Essential Oils Market Forecast: 2024-2032
Figure: Central Vietnam: Essential Oils Market Forecast:


107.2
103.8
100.4
100 97.0
93.6
90.2
86.8
83.4
80.0
80
in Million US$
60
40
0
2024 2025 2026 2027 2028 2029 2030 2031 2032

Southern Vietnam: Essential Oils Market: 2018-2023
Figure: Southern Vietnam: Essential Oils Market: Value

70 68.0
63.4
58.8
60 54.2
49.6
in Million US$
50 45.0
40
30
20
0
2018 2019 2020 2021 2022 2023

Southern Vietnam Essential Oils Market by Product (2023)
Figure: Southern Vietnam: Essential Oils Market: Breakup by



Southern Vietnam Essential Oils Market by Application (2023)


Cleaning Others

Southern Vietnam Essential Oils Market by Sales Channel (2023)



Southern Vietnam: Essential Oils Market Forecast: 2024-2032
Figure: Southern Vietnam: Essential Oils Market Forecast:


102.2
98.8
100 95.4
92.0
88.6
85.2
81.8
78.4
80 75.0
in Million US$
60
40
0
2024 2025 2026 2027 2028 2029 2030 2031 2032

MARKET DYNAMICS
SWOT Analysis
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No. of Suppliers Number of Buyers
Product Differentiation Purchase Quantity Content Removed From Sample
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Distribution Channel Product Dependency
Forward Integration Backward Integration
Threat of New Entrants
Determinant Determinant Strength

Investment Cost
Government Policies
Brand Loyalty
Distribution Channel
Degree of Rivalry Threat of Substitutes
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Number of Players Switching Costs
Innovation Content Removed From Sample Performance Content Removed From Sample
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Company Overview
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Director: XXX
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Recent Developments
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Headquarter: XXX
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Company B
Company Overview
Company Overview Product Offering:
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Director: XXX
XXX
CEO: XXX
XXX
Recent Developments
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Vietnam Essential Oils Market Report by Product

(Cedarwood Oil, Eucalyptus Oil, Lavender Oil, Lemongrass

WHO WE ARE? WHAT DO WE DO? WHAT DO WE COVER? WHO DO WE SERVE?

Competitive Intelligence and Benchmarking

From research and product development to finance, sales and marketing,

Competitive Market Entry and Consumer

Market By Product Market By Region

• Cedarwood Oil • Northern Vietnam

Market By Application • COVID-19 Impact on the Industry

12 Vietnam Essential Oils Market - Industry Analysis

1 Research Objective 2 Stakeholders

Vietnam Essential Oils Market Trends:

Vietnam Essential Oils Market Segmentation:

Sales Channel Insights:

Key Questions Answered in This Report:

• US Dollar (US$) is the base currency considered for the purpose

Primary Secondary Articles from recognized authors, company

Information Market Landscape and Market Classification

Policy and Regulatory

Overall Market Combined Approach

Bottom-Up Approach Product B

Product B Forecasting Methodology

Level 1 Level 2 Level 3

Wait for Complete Validation

Northern Vietnam – Million US$

Central Vietnam - Million US$

Southern Vietnam - Million US$

Particulars 2023 2032 CAGR (2023-2032)

Vietnam Essential Oils Market

Market by Region 2023 2032 CAGR (2023-2032)

Figure: Vietnam: Essential Oils Market: Value Trends

250 Content Removed From Sample

Note: These are dummy figures

Figure: Vietnam: Essential Oils Market Forecast: Value

238.0 241.4 244.8 248.2 Content Removed From Sample

Note: These are dummy figures

Figure: Vietnam: Essential Oils Market: Breakup by Product

Content Removed From Sample

Content Removed From Sample

Rosemary Oil Tea Tree Oil Ylang Ylang Oil Others

Note: These are dummy figures

Tea Tree Oil X X X X X X X

Ylang Ylang Oil X X X X X X X

Content Removed From Sample

Tea Tree Oil X X X X X X X X X X

Ylang Ylang Oil X X X X X X X X X X

Content Removed From Sample

Figure: Vietnam: Essential Oils (Cedarwood Oil) Market:

140 Content Removed From Sample

20 Content Removed From Sample

Note: These are dummy figures

Figure: Vietnam: Essential Oils (Cedarwood Oil) Market

160 152.2 Content Removed From Sample

Note: These are dummy figures

Figure: Vietnam: Essential Oils (Eucalyptus Oil) Market:

140 Content Removed From Sample

20 Content Removed From Sample

Note: These are dummy figures

Figure: Vietnam: Essential Oils (Eucalyptus Oil) Market