Forecast Period 
Market Size (Base Year) 
Market Size (Forecast Year)
CAGREurope Lanolin Market, By Type (Hydrous, Anhydrous), Composition (Natural Composition, Chemical Composition), Product (Fatty Acid, Alcohols, Others), Derivative (Lanolin Alcohol, Cholesterin, Acetylated Lanolin, Ethoxylated Lanolin, Isopropyl Lanolate, Lanolin Wax, Laneth, Lanogene, Lanosterols, Quaternium 33, Peg-75, Lanolin Fatty Acid, Technical Wool Grease, Crude Wool Grease, Lanolin Oil, Others), End-User (Pharmaceuticals, Personal Care and Cosmetics, Industrial, Baby Care, Animal Care, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
The worldwide lanolin market is highly fragmented with many global and local participants in the market. Furthermore, the market is expected to see increased consumer awareness of organic ingredients in various personal care products and key firms' quick growth of distribution channels, which would alter market dynamics throughout the anticipated period. Currently, the business is characterized by a large number of new entrants looking for ways to tap into the local market.
Europe Lanolin Market was valued at USD 241.96 million in 2021 and is expected to reach USD 362.97 million by 2029, registering a CAGR of 5.20% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Market Definition
Lanolin is basically a wax formed by the sebaceous glands of wool-bearing animals. It is also known as wool grease, wool wax, or wool yolk. Humans use lanolin, which is derived from a variety of domestic sheep breeds grown just for their wool. It is commonly used to prevent or treat itching, dry skin, and other skin irritations caused by various disorders, including radiation therapy skin burns, diaper rash, and more. Lanolin is also used to treat nipples that are cracked or painful as a result of breast-feeding.
Report Scope and Market Segmentation
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Report Metric |
Details |
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Forecast Period |
2022 to 2029 |
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Base Year |
2021 |
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Historic Years |
2020 (Customizable to 2019 - 2014) |
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Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
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Segments Covered |
By Type (Hydrous, Anhydrous), Composition (Natural Composition, Chemical Composition), Product (Fatty Acid, Alcohols, Others), Derivative (Lanolin Alcohol, Cholesterin, Acetylated Lanolin, Ethoxylated Lanolin, Isopropyl Lanolate, Lanolin Wax, Laneth, Lanogene, Lanosterols, Quaternium 33, Peg-75, Lanolin Fatty Acid, Technical Wool Grease, Crude Wool Grease, Lanolin Oil, Others), End-User (Pharmaceuticals, Personal Care and Cosmetics, Industrial, Baby Care, Animal Care, Others) |
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Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa |
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Market Players Covered |
Global seven agency (U.S.), SOLVAY (Belgium), Halocarbon, LLC (U.S.), BASF SE(Germany), Nippon Fine Chemical (Japan), Croda International Plc (UK), Zhejiang Garden Biochemical High-tech Co., Ltd., (Japan), The Lubrizol Corporation (U.S.), Dupont (U.S.), FENCHEM (U.S.), Wellman Advanced Materials (U.S.), Tallow Products Pty Ltd., (U.S.), Nanjing Duoyuan Biochemistry Co.,Ltd. (China), Heessoils (Germany), Zhonglan Industry Co.,Ltd. (China) and Charkit Chemical Company LLC (U.S.) |
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Market Opportunities |
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Lanolin Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- High Demand Across End Users
The key driver driving market expansion is increased end-use sectors such as personal care and cosmetics, baby care goods, and pharmaceuticals. Lanolin is used in a variety of industries outside pharmaceuticals and cosmetics. Lanolin's prospective uses have grown due to its employment in essential industrial processes. Moreover, the lanolin oils and waxes are increasingly being used by major cosmetics and personal care firms to boost total product value and sensory appeal. These oils help to increase suppleness, cleanse the skin, and moisturize the body's various sections. Lanolin has exceptional properties, including great biocompatibility, because it is highly comparable to oils released by human skin. As a result, lanolin has been witnessing huge demand from various sectors.
Shift from Mineral Oil-based Lubricants
Several end-use sectors that employ lubricants have shown evidence of transitioning toward bio-based lubricants rather than mineral oil-based lubricants, which is encouraging. The industrial sector has a high need for lanolin as a lubricant in many applications, as evidenced by this trend. The growing awareness of natural resource depletion, notably mineral oil, increases to the demand, which is further spurred by the economic feasibility of using lanolin. Therefore, increased inclination towards bio-based lubricants also accelerates the overall market growth.
Furthermore, the rapid expansion of distribution channels by the key players in the market will further propel the growth rate of lanolin market. Additionally, the drug formulations are opting for various bio-based products, previous petroleum-based solvents are being phased out, which will also drive market value growth. The growing population and the rapidly expanding end-use industries are other market growth determinants that are projected to bolster the market's growth.
Opportunities
- Awareness, Innovation and Product Launches
Furthermore, increasing awareness regarding organic ingredients in different personal care products among consumers further extends profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the key businesses are focusing on the introduction of private labels, professional product launches and the research of new ingredients to attract a larger consumer base, which will further expand the future growth of the lanolin market.
Restraints/Challenges
- Side Effects
The various side effects associated with lanolin will create hindrances for the growth of the lanolin market.
- Complex Refining Process
However, the complicated refining procedure and the possibility of leaving contaminants in the result can represent a major health risk to humans. This factor will challenge the lanolin market growth rate.
- Availability of Substitutes
The replacement of lanolin for its substitutes will stifle the expansion of the lanolin market.
This lanolin market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the lanolin market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Lanolin Market
The recent outbreak of coronavirus had a negative impact on the lanolin market. Lockdown has been imposed by governments in a number of countries, resulting in the closure of companies in a number of towns and provinces around the world, prompting predictions of a dramatic slowdown in output from the cosmetic to industrial sectors. Furthermore, one of the essential variables that is anticipated to have a negative impact on the growth of the lanolin market is the recent fall in the cosmetic industry's growth. Furthermore, as industrial activities are halted, businesses are grappling with lost sales and interrupted supply networks.
Europe Lanolin Market Scope
The lanolin market is segmented on the basis of type, composition, product, derivative and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Hydrous
- Anhydrous
Composition
- Natural Composition
- Chemical Composition
Product
- Fatty Acid
- Alcohols
- Others
Derivative
- Lanolin Alcohol
- Cholesterin
- Acetylated Lanolin
- Ethoxylated Lanolin
- Isopropyl Lanolate
- Lanolin Wax
- Laneth
- Lanogene
- Lanosterols
- Quaternium 33
- Peg-75
- Lanolin Fatty Acid
- Technical Wool Grease
- Crude Wool Grease
- Lanolin Oil
- Others
End-User
- Pharmaceuticals
- Personal Care and Cosmetics
- Industrial
- Baby Care
- Animal Care
- Others
Lanolin Market Regional Analysis/Insights
The lanolin market is analyzed and market size insights and trends are provided by country, type, composition, product, derivative and end-user as referenced above.
The countries covered in the lanolin market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey and rest of Europe in Europe.
Germany dominates the Europe Lanolin market because of the increasing awareness of bio-based and natural based products among the customers along with the high utilization of anhydrous type within the region during the forecast period of 2022-2029.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Lanolin Market Share Analysis
The lanolin market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to lanolin market.
Some of the major players operating in the lanolin market are
- Global seven agency (U.S.)
- SOLVAY (Belgium)
- Halocarbon, LLC (U.S.)
- BASF SE (Germany)
- Nippon Fine Chemical (Japan)
- Croda International Plc (UK)
- Zhejiang Garden Biochemical High-tech Co., Ltd., (Japan)
- The Lubrizol Corporation (U.S.)
- Dupont (U.S.)
- FENCHEM (U.S.)
- Wellman Advanced Materials (U.S.)
- Tallow Products Pty Ltd., (U.S.)
- Nanjing Duoyuan Biochemistry Co., Ltd. (China)
- Heessoils (Germany)
- Zhonglan Industry Co.,Ltd. (China)
- Charkit Chemical Company LLC (U.S.)
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