Global Rose Water Market Size To Worth USD 972.3 Million By 2033 | CAGR Of 7.43%
Category: Consumer GoodsGlobal Rose Water Market Size To Worth USD 972.3 Million By 2033
According to a research report published by Spherical Insights & Consulting, the Global Rose Water Market is to Grow from USD 475.0 Million in 2023 to USD 972.3 Million by 2033, at a Compound Annual Growth Rate (CAGR) of 7.43% during the projected period.
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Browse key industry insights spread across 298 pages with 110 Market data tables and figures & charts from the report on the "Global Rose Water Market Size, Share, and COVID-19 Impact Analysis, By Type (Rosa Gallica, Rosa Centifolia, Rosa Damascene), By Application (Fragrance and Cosmetics, Medicinal Use, Food and Beverages, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033"Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/rose-water-market
Rose water is a fragrant liquid that is made from fresh rose petals. The increased demand for rose water in makeup and personal hygiene products could support the market expansion. Despite having anti-inflammatory properties, rose water can also relieve irritated skin and function as an antiseptic in certain circumstances. The market for rose water is predicted to grow as consumers' preferences for baked products, ice creams, candies, and other treats with rose flavors. The worldwide rose market will be driven by consumers' preferences for organic, natural, and distinctive flavors, which will lead to an increase in the usage of rose water as the demand for natural components rises. The rose water market's expanding need for organic and natural items. The growing demand for luxurious rose water products is an opportunity for the market to grow. However, the cleanliness and lengthening of the shelf life of natural rose water could restrict the growth of the market.
The rosa gallica is anticipated a significant share of the market over the forecast period.
Based on the type, the global rose water market is divided into rosa gallica, rosa centifolia, and rosa damascene. Among these, rosa gallica is anticipated a significant share of the market over the forecast period. Its widespread use in personal care routines will contribute to the market's expansion. For instance, rosa gallica flower extract promotes skin suppleness and reduces the appearance of fine lines and wrinkles by increasing the skin's production of collagen. Its capacity to tighten and tone the skin makes it seem younger and more luminous. Customers' skin tones are further improved by antioxidants, which are present in rosa gallica flower extract and help protect the skin from damaging environmental elements like pollution and UV rays. These are a few of the factors that are expected to support the segment's growth during the anticipated period.
The fragrance and cosmetics category has the biggest share of the market during the forecast period.
Based on the application, the global rose water market is categorized into fragrance and cosmetics, medicinal use, food and beverages, and others. Among these, the fragrance and cosmetics category has the biggest share of the market during the forecast period. The market for fragrance and cosmetics is expanding for several reasons, one of which is the increased demand for natural and organic cosmetics among consumers. Rose water is consequently growing in popularity among consumers seeking chemical-free skincare and cosmetics. Furthermore, its pleasant scent, rose water is a widely sought-after ingredient in perfumes and fragrances, particularly in view of the rising popularity of natural and floral scents. Rose water is also a popular option for use as a cleanser, toner, and moisturizer in skincare products due to its anti-inflammatory and hydrating properties.
Middle East and Africa is having the biggest share of the global rose water market over the forecast period.
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The Middle East and Africa are the regions with the most rose cultivation and rose water product consumption. Despite the fact that rose water is widely utilized as a natural element in perfumes and cosmetics, it is anticipated that rose water demand in the region will increase over the course of the forecast period. The availability of several brands and the savings provided by online retailers have contributed to the market's expansion. The nation's substantial consumer spending on personal looks helps the fragrance and cosmetics businesses flourish.
Asia-Pacific is predicted to grow fastest pace throughout the forecast period. The growth of the rose water market in the region is anticipated to be driven by the growing consumer demand for natural ingredients in cosmetics and personal hygiene products. The expanding trend of personal care and relaxation in the area is likely to lead to a major growth in the usage of rose water in aromatherapy over the next few decades.
Major vendors in the global rose water market include, MEENA PERFUMERY, Nutraceutical Corp, Poppy Austin Ltd, Rose of Bulgaria, S A S Jean GAZIGNAIRE, SINGHAI FRAGRANCES, SVA Naturals, Tabib Daru Co, Taj Agro International, ZOFLA LIFE ENTERPRISES, Azelis SA, A.G. Industries, Aadhunik Ayurveda Vitals, Alteya Inc, Biosash Business Pvt. Ltd, and Others.
Recent Developments
- In May 2024, Iran leads the globe in producing Iranian roses and rosewater, while it comes in fourth place for producing rose essence, according to Hossein Zeinali, the Agriculture Ministry's executive manager of the National Medicinal Plants Project.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global rose water market based on the below-mentioned segments:
Global Rose Water Market, By Type
- Rosa Gallica
- Rosa Centifolia
- Rosa Damascene
Global Rose Water Market, By Application
- Fragrance and Cosmetics
- Medicinal Use
- Food and Beverages
- Others
Global Rose Water Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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