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Sandalwood Oil Market

Sandalwood Oil Market Analysis – By Product (India Sandalwood Oil, Australian Sandalwood Oil), By Regional – Global Industry Analysis Size, Growth and Share Forecast Report 2023

  • ID : 40332672  |  
  • Published : Jan-2019  |  
  • Region : Global  |  
  • Pages : 115   |  
  • Publisher : BIS Report Consulting

Sandalwood oil is an essential oil sourced from a small tropical tree referred to as Indian sandalwood or Santalum album. Its color tiers from faded yellow to golden yellow and is famous for its woody- floral odor. Sandalwood oil creates a chilled and harmonizing impact inside the minds. Moreover, it holds various attributes inclusive of antiseptic, and astringent which is riding the market in the pharmaceutical enterprise as well. Additionally, sandalwood oil has become a vital part in cosmetic merchandise attributable to its numerous pores and skin beneficial attributes. The global sandalwood oil market is expected to experience tremendous growth in the coming years.

Sandalwood Oil Market – Growth Drivers and Restraints:

Developing beauty cognizance has fuelled the call for sandalwood oil. Sandalwood oil performs an important position in perfumeries because it has an amazing woody-floral scent which tempts purchasers. Aside from perfumeries, sandalwood oil is also used as facial cleaning oil, anti-wrinkle element, and as a moisturizing agent in the beauty and private care industries. Sandalwood oil has additionally located utilization in personal care products which includes bathing soaps, shampoos, and frame lotions over time. Sandalwood oil is predominantly produced in the Asia Pacific, in particular in India and Indonesia wherein sandalwood bushes are abundantly available. Sandalwood oil is predominantly imported by way of the U.S. and France due to increased demand for sandalwood oil in cosmetic merchandise. Increasing software of sandalwood oil is driving the manufacturing and consumption of sandalwood oil internationally. Together with cosmetics, sandalwood oil has a growing demand for business patron merchandise such as incense sticks, room fresheners, aroma therapeutic blending, and many others. Because of a growing call for the herbal aromatic merchandise the various clients. The multi-software for sandalwood oil is expected to develop undoubtedly in the forecast duration.

Elements inclusive of developing a call for imported oil, increasing call for herbal ingredients, the growing call for aromatic private care merchandise, and developing research and improvement activities can force the global sandalwood oil market. Moreover, developing fitness and health trend alongside flourishing beauty and personal care industries can propel the product called for within the coming years.

Developing use in fragrances and private care merchandise inclusive of soaps, cream deodorants, and creams are in all likelihood to grow the product. The product may be additionally considerably used in several industrial packages inclusive of edibles, room fresheners, and incense sticks. But, growing consciousness about the advantages and use of this essential oil is considered an important riding element for the marketplace increase. Due to the fact, the oil contains antiseptic houses and also acts as astringent, disinfectant, carminative, expectorant, emollient hypotensive agent, sedative, and reminiscence booster.

Many holistic beauty professionals propose the healing results of this oil on the skin. Consequently, rising software in aromatherapy and other herbal treatments can positively improve the market increase in the coming years. The pure form of this oil may be utilized as provider oil in aromatherapy or rubdown therapy. Aromatherapy can assist in lowering tension and despair, boosting strength, and enhancing cognitive performance. It also strengthens the immune system, improves blood circulation, and reduces ache and headache. But, excessive costs and use of synthetic sandalwood oil can avert the global sandalwood oil market growth.

Sandalwood Oil Market – Prominent Key Players are covered in this report:

  • Doterra International Llc. (U.S.)
  • Eden Botanicals (U.S.)
  • Plant Remedy Important Oils (U.S.)
  • Santanol Group (Australia)
  • Sallamander Concepts Pty Ltd (South Africa)
  • Restoration Answers (U.S.)
  • Khadi Herbal (India).
  • 10+ More Key Players

Sandalwood Oil Market Detailed Segmentation:

Sandalwood Oil Market – By Product:

  • India Sandalwood Oil
  • Australian Sandalwood Oil

Sandalwood Oil Market – By Geographical Segmentation:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
  • Rest of the world

Regional Presence of Sandalwood Oil Market:

The Asia Pacific is supposed to be the primary regional marketplace observed by using Americas. Emerging nations in the Asia Pacific which includes China and India keep the primary percentage of the global sandalwood oil market because of the historical presence of the product in numerous customs and traditions in the area. The place is anticipated to develop attributable to growing consumer call for natural vital oil elements such as peppermint and spearmint. Moreover, the growing uses of the product in healthcare and aromatherapy due to the increase in disposable profits also expected to boost the product demand.

The global sandalwood oil market in Europe is especially driven due to developing prominence of aromatherapy in the area especially in international locations including France and the U.K. demand for this critical oil is likewise gaining traction in developing international locations of center East and Africa and predicted to offer large opportunities for the producers inside the coming years.

Sandalwood Oil Market Insights Based on Country Level:

  1. Australia: In Australia, is the biggest manufacturer of sandalwood oil, the marketplace is dominated through few gamers like Quintis (former TFS corporation), Santanol group and basically Australia. Quintis now could be the biggest manufacturer of sandalwood oil in the international cultivates and manages big santalum album timber in Australia, elements sandalwood oil for the perfume and pharmaceutical use. Quintis's customer includes Galderma, Lush Cosmetics, young living, Santalis pharmaceuticals, and Estee Lauder and so on.
  2. India: India is the second producer of sandalwood oil, the global sandalwood oil market awareness price is low, most of the gamers are small, and the pinnacle players consist of Karnataka Soaps & Detergents restrained (KS&DL), RK-critical Oils organization, Meena Perfumery, Katyani Exports and Naresh worldwide and so on.
  3. China: In China, there are only numerous producer positioned in Jiangxi and Guangdong province, like Sandalwood forest (cultivate Indian sandalwood in Guangdong), Jinagxi Xuesong and Jiangxi Jishui and so on.
  4. In terms of intake of sandalwood oil, North America, Europe and India are dominating the intake marketplace, the sandalwood oils are especially utilized in personal care products, cosmetics, perfumes, aromatherapy, prescription drugs and other applications like mosquito coils and incense and so forth.

This enterprise is without problems affected by the development of the sandalwood. The natural sandalwood bushes are lowering because of unlawful felling and procurement of the wood. It ought to rely on synthetic cultivation in the future. And it is viable that the sandalwood oil charge will preserve a susceptible down fashion inside the destiny, way to the sturdy call for and the achievement of the synthetic cultivation. So, it's important to position a watch to the improvement of herbal and synthetic cultivation sandalwood, specifically big production in the United States of America, Australia, India and, Indonesia, and the Pacific Islands.

The global sandalwood oil market is extraordinarily aggressive due to the presence of numerous manufacturers. Predominant marketplace individuals are especially centered on technological improvements and new product release to benefit higher profits within the marketplace.

As an instance, lately, Karnataka Soaps and Detergents Ltd. (KSDL), a country government company, has introduced new products Mysore Sandal Face % and Mysore Sandal Centennial cleaning soap, each developed with natural sandalwood oil. The cleaning soap is crafted from natural vegetable oils, moisturizers, conditioners, and sandalwood oil perfume.

Sandalwood Oil Market Dynamics:

Herbal perfumeries always have a large demand some of the consumers everywhere in the international. Sandalwood oil is universally traded and furnished to diverse industries because it forms an energetic aspect. In conjunction with cosmetics and personal care, sandalwood additionally approaches aroma healing residences which locate its application over massaging and spa. Sandalwood oil is thought for its medicinal software in treating somatic and intellectual issues due to the presence of α-Sangallo. Growing natural beauty merchandise and escalating intake of fragrant compounds have generated a call for sandalwood oil. As the seeds of sandalwood are without difficulty to be had from the plants and extended via herbal propagation, the manufacturing of sandalwood oil can be amplified. However, older vegetation produces higher sandalwood oil than younger ones. Sandalwood oils are marketed at high-priced charges than other important oils because of its specific homes. The sandalwood oil is expected to proliferate in phrases of price & quantity because of developing beauty recognition and widening hospitality services.

Opportunities in the Sandalwood Oil Market:

  • As an herbal cosmetic aspect, sandalwood oil has emerging demand among clients and product builders everywhere in the international.
  • Further, sandalwood oil is produced as a food-grade suitable for eating oil for cooking purposes in GCC countries.
  • Because of diverse delivery chains everywhere in the global, it would be expected that there might be higher returns for the investors of sandalwood oil in the future.

Table of Content:

  1. Introduction                                                                       
  2. Research Methodology                                                                     

    1. Analysis Design                                               
    2. Research Phases                                                             

      1. Secondary Research                                    
      2. Primary Research                                        
      3. Expert Validation                                         

    3. Study Timeline                                                

  3. Overview                                                                           

    1. Executive Summary                                                        
    2. Key Inferences                                                 
    3. New Developments                                                        

  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                              

    1. Sandalwood Oil Market Drivers                                                
    2. Sandalwood Oil Market Restraints                                                           
    3. Key Challenges                                                
    4. Current Opportunities in the Sandalwood Oil Market                                                             

  5. Sandalwood Oil Market Segmentation                                                                      

    1. By Product

      1. India Sandalwood Oil
      2. Australian Sandalwood Oil
      3. Sandalwood Oil Market Estimates & Forecasts, by Function, 2018–2023       
      4. Year on Year Growth Rates, by Type, 2018–2023       
      5. Sandalwood Oil Market Attractiveness Index, by Function, 2018–2023      

  6. Geographical Analysis                                                                       

    1. North America Sandalwood Oil Market                                            

      1. Introduction                                 
      2. United States Sandalwood Oil Market                               
      3. Canada Sandalwood Oil Market                                         

    2. Europe Sandalwood Oil Market                                                      

      1. Introduction                                 
      2. United Kingdom Sandalwood Oil Market                                            
      3. Germany Sandalwood Oil Market                                     
      4. France Sandalwood Oil Market                                         
      5. Italy Sandalwood Oil Market                             
      6. Spain Sandalwood Oil Market                                          

    3. Asia-Pacific Sandalwood Oil Market                                                  

      1. Introduction                                 
      2. China Sandalwood Oil Market                                          
      3. India Sandalwood Oil Market                                           
      4. Japan Sandalwood Oil Market                                          
      5. South Korea Sandalwood Oil Market                               

    4. Latin America Sandalwood Oil Market                                                 

      1. Introduction                                 
      2. Brazil Sandalwood Oil Market                                           
      3. Argentina Sandalwood Oil Market                                    
      4. Mexico Sandalwood Oil Market                                        

    5. Middle-East & Africa Sandalwood Oil Market                                                      

      1. Introduction                                  
      2. Middle-East Sandalwood Oil Market                                 
      3. Africa Sandalwood Oil Market                                           

  7. Strategic Analysis                                                              

    1. PESTLE analysis                                                

      1. Political                                        
      2. Economic                                     
      3. Social                                           
      4. Technological                               
      5. Legal                                             
      6. Environmental                                             

    2. Porter’s Five analysis                                                      

      1. Bargaining Power of Suppliers                                    
      2. Bargaining Power of Consumers                                 
      3. Threat of New Entrants                               
      4. Threat of Substitute Products and Services                                
      5. Competitive Rivalry within the Industry            

    3. Supply Chain Analysis

      1. Raw Material Suppliers
      2. Manufacturers/Producers
      3. Distributors/Retailers/Wholesalers/E-Commerce
      4. End Users      

  8. Sandalwood Oil Market Leaders' Analysis                                                                  

    1. Doterra International Llc. (U.S.)

      1. Overview                                      
      2. Product Analysis                                          
      3. Strategic Evaluation and Operations                                           
      4. Financial analysis                                         
      5. Legal issues                                   
      6. Recent Developments                                 
      7. SWOT analysis                                             
      8. Analyst View                                

    2. Eden Botanicals (U.S.)
    3. Plant Remedy Important Oils (U.S.)
    4. Santanol Group (Australia)
    5. Sallamander Concepts Pty Ltd (South Africa)
    6. Restoration Answers (U.S.)
    7. Khadi Herbal (India).

  9. Competitive Landscape                                                                     

    1. Sandalwood Oil Market share analysis                                                    
    2. Merger and Acquisition Analysis                                                    
    3. Agreements, collaborations and Joint Ventures                                                            
    4. New Product Launches                                                   

  10. Expert Opinions                                                               

    1. Sandalwood Oil Market Outlook                                                             
    2. Investment Opportunities                                                            

  11. Appendix                                                               

    1. List of Tables                                                     
    2. List of Figures                        

Figure Sandalwood Oil Product Picture from TFS Corporation(AU)

Chart 2014-2017 Global Manufacturer Sandalwood Oil Shipments (Units)

Chart 2014-2017 Global Manufacturer Sandalwood Oil Shipments Share

Chart 2014-2017 Global Manufacturer Sandalwood Oil Business Revenue (Million USD)

Chart 2014-2017 Global Manufacturer Sandalwood Oil Business Revenue Share

Chart TFS Corporation(AU) Sandalwood Oil Shipments, Price, Revenue and Gross profit 2014-2017

Chart TFS Corporation(AU) Sandalwood Oil Business Distribution

Chart TFS Corporation(AU) Interview Record (Partly)

Figure TFS Corporation(AU) Sandalwood Oil Product Picture

Chart TFS Corporation(AU) Sandalwood Oil Business Profile

Table TFS Corporation(AU) Sandalwood Oil Product Specification

Chart Santanol Group(AU) Sandalwood Oil Shipments, Price, Revenue and Gross profit 2014-2017

Chart Santanol Group(AU) Sandalwood Oil Business Distribution

Chart Santanol Group(AU) Interview Record (Partly)

Figure Santanol Group(AU) Sandalwood Oil Product Picture

Chart Santanol Group(AU) Sandalwood Oil Business Overview

Table Santanol Group(AU) Sandalwood Oil Product Specification

Chart RK-Essential Oils Company(IN) Sandalwood Oil Shipments, Price, Revenue and Gross profit 2014-2017

Chart RK-Essential Oils Company(IN) Sandalwood Oil Business Distribution

Chart RK-Essential Oils Company(IN) Interview Record (Partly)

Figure RK-Essential Oils Company(IN) Sandalwood Oil Product Picture

Chart RK-Essential Oils Company(IN) Sandalwood Oil Business Overview

Table RK-Essential Oils Company(IN) Sandalwood Oil Product Specification

3.4 Meena Perfumery(IN) Sandalwood Oil Business Introduction

Chart United States Sandalwood Oil Sales Volume (Units) and Market Size (Million $) 2014-2017

Chart United States Sandalwood Oil Sales Price ($/Unit) 2014-2017

Chart Canada Sandalwood Oil Sales Volume (Units) and Market Size (Million $) 2014-2017

Chart Canada Sandalwood Oil Sales Price ($/Unit) 2014-2017

Chart South America Sandalwood Oil Sales Volume (Units) and Market Size (Million $) 2014-2017

Chart South America Sandalwood Oil Sales Price ($/Unit) 2014-2017

Chart China Sandalwood Oil Sales Volume (Units) and Market Size (Million $) 2014-2017

Chart China Sandalwood Oil Sales Price ($/Unit) 2014-2017

Chart Japan Sandalwood Oil Sales Volume (Units) and Market Size (Million $) 2014-2017

Chart Japan Sandalwood Oil Sales Price ($/Unit) 2014-2017

Chart India Sandalwood Oil Sales Volume (Units) and Market Size (Million $) 2014-2017

Chart India Sandalwood Oil Sales Price ($/Unit) 2014-2017

Chart Korea Sandalwood Oil Sales Volume (Units) and Market Size (Million $) 2014-2017

Chart Korea Sandalwood Oil Sales Price ($/Unit) 2014-2017

Chart Germany Sandalwood Oil Sales Volume (Units) and Market Size (Million $) 2014-2017

Chart Germany Sandalwood Oil Sales Price ($/Unit) 2014-2017

Chart UK Sandalwood Oil Sales Volume (Units) and Market Size (Million $) 2014-2017

Chart UK Sandalwood Oil Sales Price ($/Unit) 2014-2017

Chart France Sandalwood Oil Sales Volume (Units) and Market Size (Million $) 2014-2017

Chart France Sandalwood Oil Sales Price ($/Unit) 2014-2017

Chart Italy Sandalwood Oil Sales Volume (Units) and Market Size (Million $) 2014-2017

Chart Italy Sandalwood Oil Sales Price ($/Unit) 2014-2017

Chart Europe Sandalwood Oil Sales Volume (Units) and Market Size (Million $) 2014-2017

Chart Europe Sandalwood Oil Sales Price ($/Unit) 2014-2017

Chart Middle East Sandalwood Oil Sales Volume (Units) and Market Size (Million $) 2014-2017

Chart Middle East Sandalwood Oil Sales Price ($/Unit) 2014-2017

Chart Africa Sandalwood Oil Sales Volume (Units) and Market Size (Million $) 2014-2017

Chart Africa Sandalwood Oil Sales Price ($/Unit) 2014-2017

Chart GCC Sandalwood Oil Sales Volume (Units) and Market Size (Million $) 2014-2017

Chart GCC Sandalwood Oil Sales Price ($/Unit) 2014-2017

Chart Global Sandalwood Oil Market Segmentation (Region Level) Sales Volume 2014-2017

Chart Global Sandalwood Oil Market Segmentation (Region Level) Market size 2014-2017

Chart Sandalwood Oil Market Segmentation (Product Type Level) Volume (Units) 2014-2017

Chart Sandalwood Oil Market Segmentation (Product Type Level) Market Size (Million $) 2014-2017

Chart Different Sandalwood Oil Product Type Price ($/Unit) 2014-2017

Chart Sandalwood Oil Market Segmentation (Industry Level) Market Size (Volume) 2014-2017

Chart Sandalwood Oil Market Segmentation (Industry Level) Market Size (Volume) 2014-2017

Chart Sandalwood Oil Market Segmentation (Industry Level) Market Size (Value) 2014-2017

Chart Global Sandalwood Oil Market Segmentation (Channel Level) Sales Volume (Units) 2014-2017

Chart Global Sandalwood Oil Market Segmentation (Channel Level) Share 2014-2017

Chart Sandalwood Oil Segmentation Market Forecast (Region Level) 2018-2022

Chart Sandalwood Oil Segmentation Market Forecast (Product Type Level) 2018-2022

Chart Sandalwood Oil Segmentation Market Forecast (Industry Level) 2018-2022

Chart Sandalwood Oil Segmentation Market Forecast (Channel

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