The global Fir Oil market size was estimated at USD 42 million in 2024 and is projected to reach USD 87.52 million by 2032, exhibiting a CAGR of 8.50% during the forecast period.
North America Fir Oil market size was estimated at USD 12.60 million in 2024, at a CAGR of 7.29% during the forecast period of 2025 through 2032.
Report Overview
Fir oil is an essential oil extracted from fir needles by the standard process of steam distillation.
This report provides a deep insight into the global Fir Oil market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Fir Oil Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Fir Oil market in any manner.
Global Fir Oil Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
- Mountain Rose Herbs
- Plant Therapy Essential Oils
- doTERRA International
- AG Industries
- Paras Perfumers
- Ungerer & Company
Market Segmentation (by Type)
- Absolute
- Blends
- Others
Market Segmentation (by Application)
- Pharmaceutical
- Personal Care
- Cosmetic
- Others
Geographic Segmentation
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
- South America (Brazil, Argentina, Columbia, Rest of South America)
- The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
FAQs: Global Fir Oil Market (2024–2032)
1. What is Fir Oil?
- Fir oil is an essential oil extracted from the needles and twigs of fir trees—commonly the Silver Fir (Abies alba) or Balsam Fir (Abies balsamea). Known for its woody, fresh, and crisp aroma, it’s widely used in aromatherapy, perfumery, cosmetics, and wellness products.
2. What was the size of the global Fir Oil market in 2024?
- The market was valued at USD 42 million in 2024.
3. What is the projected value of the Fir Oil market by 2032?
- By 2032, the global Fir Oil market is expected to grow to USD 87.52 million.
4. What is the CAGR of the Fir Oil market during the forecast period?
- The market is growing at a Compound Annual Growth Rate (CAGR) of 8.50% from 2024 to 2032.
5. What are the key uses of Fir Oil?
Fir oil is used in:
- Aromatherapy and diffusers for stress relief and respiratory support
- Massage oils and muscle rubs for its anti-inflammatory properties
- Cosmetics and skincare for toning and antibacterial effects
- Natural household cleaning products
- Perfumes and scented candles
Aromatherapy and diffusers for stress relief and respiratory support
Massage oils and muscle rubs for its anti-inflammatory properties
Cosmetics and skincare for toning and antibacterial effects
Natural household cleaning products
Perfumes and scented candles
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