Fenchol Market Share

APAC Market Statistics

Asia Pacific industry is estimated to hold largest revenue share by 2037 on the back of the existence of a large number of fragrance manufacturers in the region including China, Singapore, Japan, and other countries. Furthermore, the increasing popularity of pocket perfumes among individuals owing to their practicality and portability is also expected to drive market growth in the region. Additionally, the increasing sales of perfumes and fragrance in the region is further expected to propel the demand for fenchol during the forecast period. It was observed that approximately 40% of global fragrance sales originate in Asia-Pacific, with China contributing USD 1.5 billion, the highest in the world.

North American Market Forecast   

On the other hand, North America fenchol is also attributed to garnering a significant share by the end of the assessment period. The burgeoning population of the region demanding high-quality scented products such as perfumes, deodorants, sprays, body sprays, candles, room refreshers, and other products are estimated to boost the production rate of fenchol in the upcoming years. Also, the high demand for food items and edible products is projected to increase the demand for fenchol as a food additive. Increase disposable income, high investments in research and development activities, along with constant government support are considered to be other factors boosting the market growth in the region.