Camphor Market Size Forecast to Reach Around $500 Million by 2025 Growing Health Awareness Among Consumers the Growing Concern Over Skin, Hair, Bone Joints, and Other Body Problems Among the Young Generation Along With the Old One Propels the Growth of Camphor Market.
BriefingWire.com, 1/03/2021 - Global Camphor Market size is forecast to reach around $500 million by 2025, after growing at a CAGR of 5.5% during 2020-2025. The growing uses of camphor across various applications owing to its antibacterial, antifungal, and anti-inflammatory properties. Additionally, rising disposable income and growing use of camphor tablets in religious rituals in Asia-Pacific region further drives the market growth. Moreover, surging uses of camphor is in the treatment of cough, congestion, skin infections, and for easing pain in joints and swelling among others further contribute to the growth of this market size during the forecast period.