sandalwood oil market 1

Sandalwood Oil Market is expected to register a CAGR of 6.99%
from 2019 to 2024
Sandalwood Oil Market Research Report -
Global Forecast till 2024
P a g e | 1
sales@marketresearchfuture.com
Copyright © 2017 Market Research Future.

Sandalwood Oil Market is expected to register a CAGR of 6.99%
from 2019 to 2024
Sandalwood Oil Market Scenario
Sandalwood Oil Market is used in many Asian countries for cultural reasons. It contains many
medicinal benefits. Therefore, the oil derived from sandalwood has various benefits for the
skin. A new report on the global sandalwood oil market, published by Market Research Future
(MRFR), estimates the market to thrive at 7.2% CAGR during the forecast period (2017-
2023).
The primary market driver for the global Sandalwood Oil Industry growth is its heavy use
as an important ingredient in perfumes, cosmetics, and personal care products. The benefits
of sandalwood oil include antiseptic, anti-inflammatory, antispasmodic, and antiphlogistic.
Sandalwood oil can also be used as an astringent, disinfectant, and diuretic. Sandalwood oil
continues to be used extensively in many fragrances and personal care products that include
cream, deodorants, lotions, soaps, and in various industrial products such as edibles, incense
sticks, room fresheners, etc. Increasing consumer inclination towards aromatherapy and
many other natural remedies due to rising health and wellness trend is increasing the
demand for sandalwood essential oil.
Key Players
Big players in the global Sandalwood Oil Market are Doterra International Llc. (USA),
Eden Botanicals (USA), Healing Solutions (USA), Khadi Herbal (India), Plant Therapy
Essential Oils (USA), Sallamander Concepts Pty Ltd (South Africa), and Santanol Group
(Australia).
Latest Industry News
• UK-based aromatherapist Henrietta Cassar is set to launch new bergamot oils, jasmine
oils, and sandalwood oils in her LOVE HENRI range.
• Products launched by celebrities have a larger standing and following due to the advent
of television and rising focus on external appearances. Perfume Electrify by Paris Hilton
contains sandalwood oil due to its soothing effects on the skin.
Market Segmentation
The global Sandalwood Oil Market segmentation encompasses application and
type.
The application-based segmentation of this market can cover aromatherapy, personal care
products, pharmaceuticals, and others. Among these segments, the personal care industry
holds a major market share. Sandalwood is useful in reducing burning sensations in the skin
P a g e | 2
sales@marketresearchfuture.com
Copyright © 2017 Market Research Future.

Sandalwood Oil Market is expected to register a CAGR of 6.99%
from 2019 to 2024
and cleanse the skin pores. Fragrant personal care products are becoming more popular in
the market.
By type, the market has been segmented into natural and synthetic. Natural sandalwood oil
is growing due to certain allergic effects caused by chemicals used in synthetic sandalwood
oil.
Regional Segmentation
A geographical outlining of the global Sandalwood Oil Market covers Asia Pacific, North
America, Europe, and Rest-of-the-World (RoW).
Asia Pacific region dominates the global market, followed by North America. China and India
are the main markets in this region, exporting sandalwood oil to the USA. In India, celebrity
endorsements, as well as advocation by reputed personnel, are likely to foster demand in
the coming years. The young populace influenced by social media and television are likely
to gravitate towards such products and drive the global Sandalwood Oil Market growth. Due
to the high population and cultural factors, these two countries also heavily consume
sandalwood oil. Australia and Japan are two other important markets in this region.
Singapore is the biggest importer of sandalwood oil. An examination of the remaining
countries in the Asia Pacific region featured in this report adds the extra market revenue
from some other countries.
For More Information @
https://www.marketresearchfuture.com/reports/sandalwood-oil-market-4626
North America is the second-largest regional market. USA imports sandalwood oil from
China, India, Germany, and Mexico. Canada and Mexico export a lot of sandalwood oil to the
USA and sometimes to other countries.
In Europe, the market for sandalwood oil is growing, primarily for aromatherapy for which
the sandalwood oil is used. In this region, Germany is the biggest exporter of sandalwood
oil. Other countries in this region, contributing significantly to the market revenue are
France, Italy, Spain, and the UK. The survey of the remaining countries in Europe featured
in this report calculates the strong addition to market revenue from various other countries
in this region.
The RoW segment covers uncategorized regions and countries among which, Argentina,
Brazil, and South Africa. The Middle East & Africa (MEA) region holds an opportunistic market
for sandalwood oil.
P a g e | 3
sales@marketresearchfuture.com
Copyright © 2017 Market Research Future.

Sandalwood Oil Market is expected to register a CAGR of 6.99%
from 2019 to 2024
P a g e | 4
sales@marketresearchfuture.com
Copyright © 2017 Market Research Future.