Global Patchouli Oil Market Data Analysis: Market Size is $147.25 Million in 2024

Global Patchouli Oil Market Overview

According to Global Market Monitor, the global patchouli oil market size will reach $147.25 million in 2024 with a CAGR of 4.61% from 2024 to 2029.

Patchouli oil is extracted from the leaves of the patchouli plant (a perennial herb native to tropical regions of Asia). This oil has a rich earthy odor and can be mixed with many other essential oils to add richness and depth to the mixture. Patchouli oil is presently used for various purposes including perfumery, aromatherapy, cosmetic products, home cleaning products, and clothing detergents.

Asia Pacific Dominates the Market.

The production of patchouli oil is mainly by steam distillation. Also, the producers of patchouli oil are concentrated in Southeast Asia, where local growers are limited by their expertise and the extraction efficiency of patchouli oil is low. Additionally, distillation machines are not optimal and burn excessive firewood. This means less income for the patchouli oil producers due to rising fuel costs when wood becomes scarcely available. Conventional distillation methods have room for improvement in terms of electricity consumption and CO2 emissions. Therefore, innovative distillation techniques are essential, how to reduce the pressure on environmental resources without compromising on yield and quality. Retrofitting distillation machines or improving distillation technology can not only reduce energy consumption but also increase the profitability of the business.

Patchouli oil is considered the key for fragrance products and it is also used as a raw material for several products such as antiseptics, aromatherapy, cosmetics, pesticides, and as a fixative to bind other essential oils. Patchouli is an important ingredient in Asian and Arabian traditional medicine which considers patchouli oil as a stimulant. The widespread use of patchouli oil provides a continuous market demand for it. The increased consumption is triggered by increased demand for essential oil from various industries. Shifting preference from consuming products containing synthetic substances to natural ones also helps boost demands for the world’s essential oil.

Van Aroma is one of the major players operating in the Patchouli Oil market, holding a share of 42.35% in 2023.Founded in 2006, Van Aroma has progressed over the years to become the leader in Indonesian essential oils, aroma molecules, and botanical extracts. Their strength and point of difference are their complete transparency with customers, and suppliers, as well as vertical integration into raw material supply sources with facilities around Indonesia producing high-quality ingredients at the source.

Company Name	Van aroma
Website	www.vanaroma.com
Established Time	2006
Headquarter	Indonesia
Sales Region	Mainly in Europe, Asia, and Latin America

For more industry information, please refer to our latest released "2023 Global Patchouli Oil Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".