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Citronella Oil Market was valued at USD 126.80 million in 2023 and is estimated to expand at a CAGR of 5.5% between 2024 and 2032. Citronella oil is known for its natural insect-repelling properties. The demand for citronella oil increases during warmer months when outdoor activities are more common. Citronella oil is used in candles, sprays, and lotions to create a mosquito-free environment during outdoor activities such as camping, picnics, and gardening.
Citronella oil is used in perfumes, soaps, and aromatherapy products due to its refreshing and lemony scent. The demand for natural fragrances contributes to the growth of the citronella oil industry.
Report Attribute | Details |
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Base Year: | 2023 |
Citronella Oil Market Size in 2023: | USD 126.8 Million |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 5.5% |
2032 Value Projection: | USD 204.8 Million |
Historical Data for: | 2018 - 2023 |
No. of Pages: | 150 |
Tables, Charts & Figures: | 191 |
Segments covered: | Type, Grade, Application, Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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The supply-demand balance of citronella oil can lead to price volatility, affecting product affordability and margins for manufacturers. Ensuring the authenticity and quality of citronella oil can be challenging, as adulteration and mislabeling can affect the reputation of the product and brand. Variations in climate, weather conditions, and crop diseases can lead to fluctuations in citronella oil supply, potentially causing disruptions in production.