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Development of Functional Aromatherapy Candles from Banana Peel Extract: A Techno-Economic Study for Green Tourism Products Based on Collaborative Governance
Abstract
This study evaluates the economic feasibility of developing innovative and eco-friendly tourism products in Ciletuh Geopark through collaborative governance, namely functional aromatherapy candles made from banana peel extract. The research applies content analysis and economic evaluation using principles such as profit margin, payback period, and net present value. Data on materials and tools were collected from credible e-commerce sources officially recognized by local government, ensuring complete specifications. The analysis included calculating all relevant data and simulating production over 20 years. Results indicate the project is economically viable, with strong profit potential and positive outcomes across all parameters, especially with massive marketing through collaborative governance. This research contributes to sustainable tourism by promoting waste-based green products, generating socio-economic benefits for stakeholders, and supporting the achievement of SDGs.
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DOI: https://doi.org/10.17509/ijost.v11i2.89775
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