Global Rose Oil Market Size To Exceed USD 3.8 Billion By 2033
According to a research report published by Spherical Insights & Consulting, The Global Rose Oil Market Size is Expected to Grow from USD 2.2 Billion in 2023 to USD 3.8 Billion by 2033, at a CAGR of 5.62% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Rose Oil Market Size, Share, and COVID-19 Impact Analysis, By Product (Organic, Conventional), By Application (Fragrance & Cosmetics, Pharmaceuticals, Food & Beverages), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
The rose oil market refers to the global industry involved in the production, distribution, and application of rose essential oil, which is extracted primarily from the petals of Rosa damascena and Rosa centifolia. Valued for its aromatic, therapeutic, and skincare properties, rose oil is widely used in perfumes, cosmetics, aromatherapy, and pharmaceuticals. Moreover, the rose oil market is driven by increasing demand for natural and organic personal care products, especially in the fragrance and skincare sectors. Its widespread use in aromatherapy for stress relief and emotional wellness, coupled with the rising popularity of luxury wellness products, significantly boosts market growth globally. However, the rose oil market faces restraints such as high production costs, limited raw material availability, and labour-intensive extraction processes. Additionally, price volatility and the presence of synthetic substitutes hinder market expansion.
The conventional segment accounted for the largest share of the global rose oil market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on product, the global rose oil market is divided into organic, and conventional. Among these, the conventional segment accounted for the largest share of the global rose oil market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. Its wider availability, lower cost, and use in mainstream cosmetics and perfumery drive its dominance. While organic rose oil is gaining popularity, conventional variants remain more accessible and preferred by large-scale manufacturers and consumers.
The fragrance & cosmetics segment accounted for a substantial share of the global rose oil market in 2023 and is anticipated to grow at a rapid pace during the projected period.
On the basis of the application, the global rose oil market is divided into fragrance & cosmetics, pharmaceuticals, and food & beverages. Among these, the fragrance & cosmetics segment accounted for a substantial share of the global Rose Oil market in 2023 and is anticipated to grow rapidly during the projected period. This dominance is attributed to the increasing consumer preference for floral and fruity-scented perfumes and the widespread use of rose oil in skincare products due to its moisturizing and anti-aging properties. Luxury brands are incorporating rose oil into perfumes, room fresheners, and candles to cater to this demand, further propelling the segment's growth.
Asia Pacific is projected to hold the largest share of the global rose oil market over the projected period.
Asia Pacific is projected to hold the largest share of the global rose oil market over the projected period. Countries like Bulgaria and Turkey are major producers, with a long tradition of cultivating Rosa damascena. The region’s strong demand for natural fragrances, luxury cosmetics, and aromatherapy products supports market dominance, alongside established processing infrastructure and export capabilities.
North America is expected to grow at the fastest CAGR of the global rose oil market during the projected period. This is driven by growing consumer interest in natural beauty products, expanding aromatherapy practices, and rising disposable incomes in countries like India, China, and Japan, the region shows strong growth potential. Local production and increasing wellness trends also support demand.
Company Profiling
Major vendors in the global rose oil market are Sigma-Aldrich, Inc.; Ernesto Ventos SA; Alteya Organics, LLC; Givaudan SA; Firmenich International SA; Symrise AG; V. MANE FILS SA; Robertet SA; International Flavors & Fragrances Inc.; and BERJÉ INC., and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global rose oil market based on the below-mentioned segments:
Global Rose Oil Market, By Product
Global Rose Oil Market, By Application
- Fragrance & Cosmetics
- Pharmaceuticals
- Food & Beverages
Global Rose Oil Market, By Regional
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa