Sandalwood Oil Market Scope
Sandalwood oil, also known as santal oil, is a fragrant essential oil obtained by steam distilling the chips and billets of sandalwood trees. It is primarily used to make soaps, shampoos, and lotions in the cosmetic and personal care industries. Sandalwood oil has historically been used to treat headaches, stomachaches, and urinary disorders as an antiseptic and astringent. Increasing natural cosmetic products and escalating consumption of aromatic compounds have generated demand for sandalwood oil. The change in consumer preference from chemical-based products to natural products in several segments, such as personal care and cosmetics, can be viewed by sandalwood oil manufacturers as an opportunity for market expansion.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
Key Companies Profiled | Albert Vieille SAS (France), Doterra International LLC (Utah), Eden botanicals (United States), Santanol Group (Australia), Plant Therapy Essential Oils (United States), Aditi Essentials (India), Haldin International (Indonesia), Jiangyin Healthway (Japan), Kanta Enterprises (India), PerfumersWorld Ltd. (Thailand), Ancient Healer (United States), Khadi Natural (India) and Vedic Vaani (India) |
CAGR | % |
Research Analyst at AMA estimates that Global Vendors will contribute to the maximum growth of Global Sandalwood Oil market throughout the predicted period.
Albert Vieille SAS (France), Doterra International LLC (Utah), Eden botanicals (United States), Santanol Group (Australia), Plant Therapy Essential Oils (United States), Aditi Essentials (India), Haldin International (Indonesia), Jiangyin Healthway (Japan), Kanta Enterprises (India), PerfumersWorld Ltd. (Thailand), Ancient Healer (United States), Khadi Natural (India) and Vedic Vaani (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Cliara Essential Oils (Sri Lanka) and Sallamander Concepts Pty Ltd (South Africa).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Sandalwood Oil market by Type , by Application (Cosmetics(Perfumes), Pharmaceuticals, Aromatherapy and Others) and Region with country level break-up.
On the basis of geography, the market of Sandalwood Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2024.
Influencing Trend:
Shift of Consumers Preference from Chemical-based Products to Natural Products
Market Growth Drivers:
Growing Demand for Sandalwood Oil in Cosmetics and Aromatherapy and Rising Use of Natural Perfumeries
Challenges:
Some Individuals May Be Allergic to Sandalwood Oil
Restraints:
High Price of Sandalwood Oil
Opportunities:
Increased Expenditure Capacity on Personal Care Products and Rising Demand for Natural & Organic Cosmetics
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Soya Stand Oil Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others