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Lanolin Market By Application (Personal Care & Cosmetics, Baby Care Products, Pharmaceuticals, Industrial, Others), By Derivative (Lanolin Alcohol, Cholesterin, Feed Grade, Laneth, Lanogene, Lanosterols, Quaternium 33, PEG-75, Lanolin Fatty Acid, Others), and By Region - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast 2022 – 2028

Covid-19

Global Lanolin Market Size, Share

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Insights

[207+ Pages Report] According to Facts and Factors, the global lanolin market was valued at USD 318.50 million in 2021 and is predicted to increase at a CAGR of 8.23% to USD 504.08 million by 2028. The study examines the market in terms of revenue in each of the major regions, which are classified into countries.

logoMarket Overview

Lanolin is a fatty substance found on sheep's wool. Lanolin is extracted as a yellowish viscous mixture of esters and used as a base for ointments and cosmetics. These properties of lanolin make it attractive for usage for consumers from colder as well as hotter regions which in turn is expected to drive the market for lanolin through the years to come. Rising awareness among consumers regarding organic ingredients in various personal care products along with the rapid expansion of distribution channels by the major companies has changed the market dynamics. Changes in lifestyle and rising living standards supported by government initiatives are expected to fuel the market growth during the forecast period. The rising use of lanolin for anti-corrosion necessities is one of the key trends that will gain traction in this market during the forecast period.

The rise in the usage of bio-based products to comply with stringent government norms is estimated to drive the market. Wool grease has antifungal & antibacterial properties which help in preventing skin from dermatological issues. It is also used in ointments to treat skin rashes, burns, and wounds which will boost the market growth. Manufacturers are also focusing on new ingredient development, private label introduction, and professional product launches to attract more consumer base which is expected to positively influence the demand for lanolin derivatives in cosmetic products over the forecast period.

logoImpact of COVID - 19

Due to the COVID-19 outbreak, nationwide lockdown around the globe, disruption in manufacturing activities and supply chains, production halts and labor unavailability have negatively impacted the market. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on the analysis of the market under COVID-19 and the corresponding response policy in different regions. COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period.  Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward.

Governments of various countries have implemented lockdown, which has led to the shutdown of factories in scores of cities and provinces across the world, thus leading to predictions of a sharp slowdown in the output from the cosmetic to the industrial sector. In addition, the recent decline in the growth of the cosmetic industry is one of the key factors that are likely to negatively impact the growth of the lanolin market.  However, the conditions started recovering in 2021, thereby restoring the growth trajectory of the market studied during the forecast period.

Global Lanolin Market

logoSegmentation Analysis

The global Lanolin market is segregated based on product, application, and region.

In terms of derivatives, in 2021, the Lanolin alcohol was the dominant segment. Technological advancements and product developments in the formulation of various personal care and cosmetic products will drive the segment further. Lanolin alcohol is a non-drying organic compound and is widely utilized in various skincare, baby care, and hair care products.

In terms of application, the personal care & cosmetics segment was a major application segment of the global lanolin market during the forecast period. It is likely to remain the dominant segment in the market during the forecast period. Lanolin is widely employed in making soaps, shampoos, skin care products, lip gloss, etc.

logoReport Scope

Report Attribute

Details

Market Size in 2021

USD 318.50 Million

Projected Market Size in 2028

USD 504.08 Million

CAGR Growth Rate

8.23% CAGR

Base Year

2021

Forecast Years

2022-2028

Key Market Players

Lubrizol Corp., Imperial-Oil-Import Handles Mbah, Nippon Fine Chemicals Co. Ltd., NK Ingredients Pte Ltd., Nanotec Australia Pty Ltd., Fincham, Industrial Quamina del Centro S.A. de C.V., Rolex Lanolin Products Limited, Coda, Jiangsu Win pool Industrial Co. Ltd., and Others

Key Segment

By Application, Derivative, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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logoRegional Landscape

In 2021, the Asia-Pacific region is expected to dominate the packaged Lanolin market. Asia-Pacific is expected to dominate the global market owing to the highly developed cosmetics sector in China, India, Japan, and Korea coupled with the continuous investments done in the region to advance the pharmaceutics sector through the years.

Rapidly expanding end-use industries, growing population, and increasing consumer awareness regarding bio-based and natural products are expected to drive the regional market over the forecast period. In addition, the presence of many personal care manufacturers in this region is expected to play a major role in driving the market.

logoList of Key Players in the Global Lanolin Market:

  • Lubrizol Corp.
  • Imperial-Oil-Import Handles Mbah
  • Nippon Fine Chemicals Co. Ltd.
  • NK Ingredients Pte Ltd.
  • Nanotec Australia Pty Ltd.
  • Fincham
  • Industrial Quamina del Centro S.A. de C.V.
  • Rolex Lanolin Products Limited
  • Coda                     
  • Jiangsu Win pool Industrial Co. Ltd.

The global Lanolin market is segmented as follows;

logoBy Application Segment Analysis

  • Personal Care & Cosmetics
  • Baby Care Products
  • Pharmaceuticals
  • Industrial
  • Others

logoBy Derivative Segment Analysis

  • Lanolin Alcohol
  • Cholesterin
  • Feed Grade
  • Laneth
  • Lanogene
  • Lanosterols
  • Quaternium 33
  • PEG-75
  • Lanolin Fatty Acid
  • Others

logoBy Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

Covid-19

Lanolin Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Major Market Players

  • Lubrizol Corp.
  • Imperial-Oil-Import Handles Mbah
  • Nippon Fine Chemicals Co. Ltd.
  • NK Ingredients Pte Ltd.
  • Nanotec Australia Pty Ltd.
  • Fincham
  • Industrial Quamina del Centro S.A. de C.V.
  • Rolex Lanolin Products Limited
  • Coda                     
  • Jiangsu Win pool Industrial Co. Ltd.

Frequently Asked Questions

The global lanolin market was valued at USD 318.50 Million in 2021.
The global lanolin market is expected to reach USD 504.08 Million by 2028, growing at a CAGR of 8.23% in between 2022 to 2028.
Some of the key factors driving the global lanolin market growth includes expanding population around the world, rising cosmetics consumption, and increased use of lanolin in industrial applications, such as the leather sector, metal cutting, automotive, bio-lubricants, & anticorrosion products.
Asia-Pacific is expected to dominate the global lanolin market during forecast period.
Some of the major companies operating in the lanolin market are Lubrizol Corp, Imperial-Oil-Import Handles Mbah, Nippon Fine Chemicals Co. Ltd., NK Ingredients Pte Ltd., Nanotec Australia Pty Ltd., Fincham, Industrial Quamina del Centro S.A. de C.V., Rolex Lanolin Products Limited, Creda, Jiangsu Win pool Industrial Co. Ltd. and among others.
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