Camphor Tablets Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

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Camphor Tablets Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : August, 2020 | Pharmaceutical | PPT format

Report Digest

Global Camphor Tablets Market: Overview

Camphor is a transparent solid, odorous flammable compound. It is obtained essentially from the tree i.e. A tree known as the capur-tree found in Asia. Camphor tree is a big evergreen tree. In addition, the camphor of turpentine oil derived from rosine can be synthesized. Properties of sublimation give its various uses. Plasticizer and raw material for fireworks are used for nitrocelulose. In the pharmaceutical sector, camphor is mainly used for treating skin infection, cough and other medicinal products. It is also widely for holy purposes in India. Further high level of camphor can be toxic and hence causes several health hazards.

This report gives top to bottom analysis of the global camphor tablets market, focusing on opportunities and market restraints, alongside the most recent trends driving the market. The report sections the global camphor tablets market dependent on its end-users and region.

Global Camphor Tablets Market: Trends and Opportunities

Camphor Tablets are used to help reduce pain and swelling, relax weary muscles and lower congestion and cough in a broad range of medical conditions. They are used in the production of different medicines. Therefore, increased demand from the pharmaceutical industry is a major driver of market growth for camphor tablets. Another factor that stimulates market growth for camphor tablets is high consumption of camphor tablets for religious rituals in India.

Also in agriculture, camphor tablets are used to keep moths and insects away. It is used as an abuser to keep reptiles and insects away in agriculture and even in household activities. Therefore, there is constant demand for agricultural camphor tablets. In skin care products, Camphor tablets are also used to reduce acne and pimples. Therefore, in many skin care products and hair care products the chemical industry makes use of camphor because of its beneficial properties.

However, the high flammability of dimethyl camphor is expected to impact negatively on the growth of the camphor tablets market over the forecast period.

Global Camphor Tablets Market: Market Potential

With a large share of the global camphor tablets market, pharmaceutical is expected to be a leading end-user sector. A high demand for different types of drugs for different pains and diseases have been caused by the medicinal features of camphor. Also used in the production of a broad spectrum of ayurvedic medicines are camphor tablets. The growing population leading to high food and pharmaceutical growth is an important driving factor for the growth of the camphor tablets market. The camphor tablets market expands mainly as pharmaceutical industries are growing and expanding.

Global Camphor Tablets Market: Regional Outlook

For almost all the sweet dishes, European people consume camphor. In the Arab cookbooks, camphor is the main ingredient. Camphor is used in some sweet dishes as an essence in India. Demand for food in the region is thus expected to also fuel demand in the forecast period for growth in camphor tablets in Europe.

Global Camphor Tablets Market: Competitive Landscape

Leading vendors in the global camphor tablets market are Indukern Internacional, Mangalam Organics Limited, Hiya International, Camphor & Allied Products Ltd., Taiwan Tekho Camphor Co., Ltd, The Ji'An Cedar Fine Chemical Co., Ltd., and Saptagir Camphor Ltd.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.