Cedarwood Market Size, Share, Growth Analysis, By Nature(Organic, Conventional), By Extract Type(Oil, Powder, Others), By Application(Medical, Pharmaceutical, Cosmetics & Personal Care, Others), By Distribution Channel(Online, Offline), By Region - Industry Forecast 2024-2031

Cedarwood Market size was valued at USD 309.95 million in 2019 and is poised to grow from USD 330.41 million in 2023 to USD 587.3 million by 2031, growing at a CAGR of 6.6% in the forecast period (2024-2031).

Used in aromatherapy applications, Cedarwood Essential Oil is known for its sweet and woody fragrance, which has been characterized as warm, comforting, and sedative, thus naturally promoting stress relief. Cedarwood Oil’s energizing scent helps to deodorize and freshen indoor environments, while also helping to repel insects. At the same time, its anti-fungal properties help prevent the development of mildew. Its invigorating quality is known to improve cerebral activity, while its calming property is known to relax the body, and the combination of these properties helps to enhance concentration while decreasing hyperactivity. The soothing scent of Cedarwood is reputed to reduce harmful stress and ease tension, which in turn promotes the body’s rest, helps to clear the mind, and subsequently encourages the onset of quality sleep that is both restorative and reparative.

When used topically to the skin, cedarwood can ease skin dryness that causes cracking, peeling, or blistering as well as irritation, inflammation, redness, and itching. Cedarwood is thought to protect the skin from environmental toxins and pollutants by controlling sebum production, eradicating acne-causing bacteria, and demonstrating a protective astringent characteristic. This may help prevent or lessen the likelihood of further breakouts. Its antiseptic and antibacterial qualities make it an efficient deodorizer that also helps to eliminate undesirable odors. Additionally, due to its firming effects, it helps to hide age symptoms like loose and wrinkled skin.

When applied to hair, cedarwood is renowned for purifying the scalp by eradicating surplus oil, debris, and dandruff. It improves blood flow to the scalp and tightens the follicles, which encourages healthy development and, by reducing hair loss, helps minimize thinning.

The antiseptic properties of cedarwood are said to defend the body against dangerous germs that are known to cause fungal infections, which can be damaging to the skin and general health when used medicinally. Because of its innate ability to heal wounds, cedarwood oil is perfect for use on cuts, scrapes, and other abrasions that need to be cleaned and disinfected. Its anti-inflammatory qualities make it a good choice for treating the discomforts of muscle soreness, joint pain, and stiffness, and its antispasmodic qualities aid to relieve coughs as well as spasms brought on by digestion, respiratory conditions, nerves, and menstrual cramps. The health and function of the organs, particularly the brain, liver, and kidneys, are known to be supported by cedarwood, which is used as a tonic for overall well being

US Cedarwood Market is poised to grow at a sustainable CAGR for the next forecast year.