Sandalwood Oil Market Global Trends, Industry Analysis, Size, Share, Growth Factors, Opportunities, Developments And Forecast 2027


Posted October 17, 2023 by Monal123

Sandalwood oil, commonly known as sandal oil, is an essential oil produced by steam distilling the chips & billets of sandalwood trees.
 
Sandalwood Oil Market Overview:

Sandalwood Oil Market Research provides a comprehensive overview of Sandalwood Oil to provide a current understanding of the market and its features. The report also includes detailed information on forecasted statistics, significant advancements, and revenue.

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Sandalwood Oil Market Scope:

The global Sandalwood Oil market report provides statistics and analytical insights to give a comprehensive understanding of the market size, share, trend, growth, demand, market player and industry profile, opportunities, value chain, end-users, types, and applications. It also includes accessible opportunities in micro and macro markets for stakeholders to invest, as well as a detailed analysis of the competitive landscape and product offerings of major competitors.

The qualitative and quantitative data in the report help decision-makers identify market segments, regions, and variables that are likely to drive the Sandalwood Oil market at a faster pace, as well as major opportunity areas. SWOT analysis, PESTLE analysis, and PORTER analysis have been used to provide an in-depth analysis of the Sandalwood Oil market.

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Regional Analysis:

The research has been conducted on each regional Sandalwood Oil market to determine its current and future growth potential. The Sandalwood Oil market report covers all five regions and their country-specific distribution. Their market size and trends are also included in the Sandalwood Oil report.

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Sandalwood Oil Market Dynamics:

Sandalwood oil, commonly known as sandal oil, is an essential oil produced by steam distilling the chips & billets of sandalwood trees. It is mostly used to make soaps, shampoos, & lotions in the cosmetic and personal care industries. Sandalwood oil has long been used to treat headaches, stomach-aches, and urinary problems as an antiseptic and astringent. Its most widely utilised in aromatherapy these days to boost psychological well-being.

Sandalwood Oil Market Segmentation:

by Type
• Natural
• Lab Created

by Application
• Personal Care
• Pharmaceutical
• Aromatherapy

By Type, the Sandalwood Oil Market is segmented as Natural & Lab Created. The Natural Sandalwood Oil dominates the Sandalwood Oil Market with the market share of 70% in the year 2021 & is expected to grow at a very high CAGR and capture more market during the forecasted period as the demand for natural and eco-friendly products are increasing all over the world especially when personal & health care is at stake. Also, Natural sandalwood oil is cheaper to make and have less side effects than lab created sandalwood oil if used in cosmetic or medicinal products. Lab created has the market share of 30% in the year 2021.

By Application, the Sandalwood Oil Market is segmented as Personal Care, Pharmaceutical & Aromatherapy. Personal Care dominates the Sandalwood Oil Market with the market share of 45% in the year 2021 as it is used in many cosmetic products like Creams, Perfumes, soaps, shampoos, etc. and the Sandalwood Oil itself is used for personal care purposes so demand of Sandalwood Oil is high for personal care. Aromatherapy has the market share of 31% in the year 2021 as it is used in spas and hotels for aromatherapy and is highly in demand and is likely to increase in the forecasted period. Pharmaceutical has the market share of 24% in 2021 as homeopathic medicines don’t use Sandalwood Oil as their raw material but is only used in Ayurveda so demand is quite less but is might increase in future due to increasing demand of Ayurveda.

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Sandalwood Oil Market Key Players:

• Albert Vieille SAS
• Doterra International LLC
• Eden botanicals
• Santanol Group
• Plant Therapy Essential Oils
• Aditi Essentials
• Haldin International
• Iangyin Healthway
• Kanta Enterprises
• PerfumersWorld Ltd.
• Ancient Healer
• Khadi Natural
• Vedic Vaani
• Cliara Essential Oils
• Sallamander Concepts Pty Ltd

Key Questions answered in the Sandalwood Oil Market Report are:

What is the forecast period of the Sandalwood Oil Market?
What is the growth rate of the Sandalwood Oil Market?
What are the Sandalwood Oil Market segments?
Which region held the largest Sandalwood Oil market share in 2022?
What are the opportunities for the Sandalwood Oil Market?
What factors are affecting the Sandalwood Oil market growth?
Key offerings:

Market Share, Size, and Forecast by Revenue|2023-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis of each segment and their sub-segments
Landscape- Leading key players and other prominent key players.
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Issued By monalyadav
Country India
Categories Business
Tags sandalwood oil market , sandalwood oil market growth , sandalwood oil market size
Last Updated October 17, 2023