Global Sandalwood Oil Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Sandalwood Oil Market Size, Manufacturers, Opportunities and Forecast to 2030


Summary

Sandalwood, of the genus Santalum, is a genus of woody flowering trees and plants. Most species are semi-parasitic and several produce a highly aromatic wood. The most common species are Indian sandalwood (Santalum album) and Australian sandalwood (Santalum spicatum), although other species are used for their scent as well. The oil that distilled from eucarya spicata species, amyris and so on is not belonging to the Sandalwood Oil. Different sandalwood species are indigenous to India, Indonesia, Sri Lanka, Bangladesh (S. album), and Australia (S. spicatum and S. lanceolatum), as well as to several Pacific Islands such as Hawaii (S. ellipticum), Fiji and Tonga (S. yasi), Papua New Guinea (S. macgregorii), Vanuatu and New Caledonia (S. austrocaledonicum) and French Polynesia (S. insulare). Traditionally, sandalwood is wild-harvested, since cultivation is difficult. Because of over- and illegal harvesting, supplies of sandalwood, especially Indian sandalwood, have decreased considerably over the last 10-15 years. Consequently, efforts to cultivate sandalwood have increased; Australia now has several plantations of Indian sandalwood trees.

According to APO Research, The global Sandalwood Oil market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

North American market for Sandalwood Oil is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Sandalwood Oil is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Sandalwood Oil is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Sandalwood Oil include Quintis (TFS )(Australia), Santanol (Australia), RK-Essential Oils (India), Meena Perfumery (India), Naresh International (India), Essentially Australia (Australia), Katyani Exports (India), KS&DL (Karnataka Soaps & Detergents)(India) and Sandalwood Forest (Qingyuan) (China), etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Sandalwood Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Sandalwood Oil.
The Sandalwood Oil market size, estimations, and forecasts are provided in terms of sales volume (Kg) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Sandalwood Oil market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Quintis (TFS )(Australia)
Santanol (Australia)
RK-Essential Oils (India)
Meena Perfumery (India)
Naresh International (India)
Essentially Australia (Australia)
Katyani Exports (India)
KS&DL (Karnataka Soaps & Detergents)(India)
Sandalwood Forest (Qingyuan) (China)
Jiangxi Jishui Natural Essential oil Factory (China)
Jinagxi Xuesong (China)
Sandalwood Oil segment by Type

Indian Sandalwood Oil
Australian Sandalwood Oil
Sandalwood Oil segment by Application

Cosmetics (Perfumes)
Pharmaceuticals
Aromatherapy
Others
Sandalwood Oil by Distribution Channel

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Sandalwood Oil market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Sandalwood Oil and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Sandalwood Oil.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Sandalwood Oil manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Sandalwood Oil in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Sandalwood Oil Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Sandalwood Oil Sales Estimates and Forecasts (2019-2030)
1.3 Sandalwood Oil Market by Type
1.3.1 Indian Sandalwood Oil
1.3.2 Australian Sandalwood Oil
1.4 Global Sandalwood Oil Market Size by Type
1.4.1 Global Sandalwood Oil Market Size Overview by Type (2019-2030)
1.4.2 Global Sandalwood Oil Historic Market Size Review by Type (2019-2024)
1.4.3 Global Sandalwood Oil Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Sandalwood Oil Sales Breakdown by Type (2019-2024)
1.5.2 Europe Sandalwood Oil Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Sandalwood Oil Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Sandalwood Oil Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Sandalwood Oil Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Sandalwood Oil Industry Trends
2.2 Sandalwood Oil Industry Drivers
2.3 Sandalwood Oil Industry Opportunities and Challenges
2.4 Sandalwood Oil Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Sandalwood Oil Revenue (2019-2024)
3.2 Global Top Players by Sandalwood Oil Sales (2019-2024)
3.3 Global Top Players by Sandalwood Oil Price (2019-2024)
3.4 Global Sandalwood Oil Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Sandalwood Oil Key Company Manufacturing Sites & Headquarters
3.6 Global Sandalwood Oil Company, Product Type & Application
3.7 Global Sandalwood Oil Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Sandalwood Oil Market CR5 and HHI
3.8.2 Global Top 5 and 10 Sandalwood Oil Players Market Share by Revenue in 2023
3.8.3 2023 Sandalwood Oil Tier 1, Tier 2, and Tier 3
4 Sandalwood Oil Regional Status and Outlook
4.1 Global Sandalwood Oil Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Sandalwood Oil Historic Market Size by Region
4.2.1 Global Sandalwood Oil Sales in Volume by Region (2019-2024)
4.2.2 Global Sandalwood Oil Sales in Value by Region (2019-2024)
4.2.3 Global Sandalwood Oil Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Sandalwood Oil Forecasted Market Size by Region
4.3.1 Global Sandalwood Oil Sales in Volume by Region (2025-2030)
4.3.2 Global Sandalwood Oil Sales in Value by Region (2025-2030)
4.3.3 Global Sandalwood Oil Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Sandalwood Oil by Application
5.1 Sandalwood Oil Market by Application
5.1.1 Cosmetics (Perfumes)
5.1.2 Pharmaceuticals
5.1.3 Aromatherapy
5.1.4 Others
5.2 Global Sandalwood Oil Market Size by Application
5.2.1 Global Sandalwood Oil Market Size Overview by Application (2019-2030)
5.2.2 Global Sandalwood Oil Historic Market Size Review by Application (2019-2024)
5.2.3 Global Sandalwood Oil Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Sandalwood Oil Sales Breakdown by Application (2019-2024)
5.3.2 Europe Sandalwood Oil Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Sandalwood Oil Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Sandalwood Oil Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Sandalwood Oil Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Quintis (TFS )(Australia)
6.1.1 Quintis (TFS )(Australia) Comapny Information
6.1.2 Quintis (TFS )(Australia) Business Overview
6.1.3 Quintis (TFS )(Australia) Sandalwood Oil Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Quintis (TFS )(Australia) Sandalwood Oil Product Portfolio
6.1.5 Quintis (TFS )(Australia) Recent Developments
6.2 Santanol (Australia)
6.2.1 Santanol (Australia) Comapny Information
6.2.2 Santanol (Australia) Business Overview
6.2.3 Santanol (Australia) Sandalwood Oil Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Santanol (Australia) Sandalwood Oil Product Portfolio
6.2.5 Santanol (Australia) Recent Developments
6.3 RK-Essential Oils (India)
6.3.1 RK-Essential Oils (India) Comapny Information
6.3.2 RK-Essential Oils (India) Business Overview
6.3.3 RK-Essential Oils (India) Sandalwood Oil Sales, Revenue and Gross Margin (2019-2024)
6.3.4 RK-Essential Oils (India) Sandalwood Oil Product Portfolio
6.3.5 RK-Essential Oils (India) Recent Developments
6.4 Meena Perfumery (India)
6.4.1 Meena Perfumery (India) Comapny Information
6.4.2 Meena Perfumery (India) Business Overview
6.4.3 Meena Perfumery (India) Sandalwood Oil Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Meena Perfumery (India) Sandalwood Oil Product Portfolio
6.4.5 Meena Perfumery (India) Recent Developments
6.5 Naresh International (India)
6.5.1 Naresh International (India) Comapny Information
6.5.2 Naresh International (India) Business Overview
6.5.3 Naresh International (India) Sandalwood Oil Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Naresh International (India) Sandalwood Oil Product Portfolio
6.5.5 Naresh International (India) Recent Developments
6.6 Essentially Australia (Australia)
6.6.1 Essentially Australia (Australia) Comapny Information
6.6.2 Essentially Australia (Australia) Business Overview
6.6.3 Essentially Australia (Australia) Sandalwood Oil Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Essentially Australia (Australia) Sandalwood Oil Product Portfolio
6.6.5 Essentially Australia (Australia) Recent Developments
6.7 Katyani Exports (India)
6.7.1 Katyani Exports (India) Comapny Information
6.7.2 Katyani Exports (India) Business Overview
6.7.3 Katyani Exports (India) Sandalwood Oil Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Katyani Exports (India) Sandalwood Oil Product Portfolio
6.7.5 Katyani Exports (India) Recent Developments
6.8 KS&DL (Karnataka Soaps & Detergents)(India)
6.8.1 KS&DL (Karnataka Soaps & Detergents)(India) Comapny Information
6.8.2 KS&DL (Karnataka Soaps & Detergents)(India) Business Overview
6.8.3 KS&DL (Karnataka Soaps & Detergents)(India) Sandalwood Oil Sales, Revenue and Gross Margin (2019-2024)
6.8.4 KS&DL (Karnataka Soaps & Detergents)(India) Sandalwood Oil Product Portfolio
6.8.5 KS&DL (Karnataka Soaps & Detergents)(India) Recent Developments
6.9 Sandalwood Forest (Qingyuan) (China)
6.9.1 Sandalwood Forest (Qingyuan) (China) Comapny Information
6.9.2 Sandalwood Forest (Qingyuan) (China) Business Overview
6.9.3 Sandalwood Forest (Qingyuan) (China) Sandalwood Oil Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Sandalwood Forest (Qingyuan) (China) Sandalwood Oil Product Portfolio
6.9.5 Sandalwood Forest (Qingyuan) (China) Recent Developments
6.10 Jiangxi Jishui Natural Essential oil Factory (China)
6.10.1 Jiangxi Jishui Natural Essential oil Factory (China) Comapny Information
6.10.2 Jiangxi Jishui Natural Essential oil Factory (China) Business Overview
6.10.3 Jiangxi Jishui Natural Essential oil Factory (China) Sandalwood Oil Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Jiangxi Jishui Natural Essential oil Factory (China) Sandalwood Oil Product Portfolio
6.10.5 Jiangxi Jishui Natural Essential oil Factory (China) Recent Developments
6.11 Jinagxi Xuesong (China)
6.11.1 Jinagxi Xuesong (China) Comapny Information
6.11.2 Jinagxi Xuesong (China) Business Overview
6.11.3 Jinagxi Xuesong (China) Sandalwood Oil Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Jinagxi Xuesong (China) Sandalwood Oil Product Portfolio
6.11.5 Jinagxi Xuesong (China) Recent Developments
7 North America by Country
7.1 North America Sandalwood Oil Sales by Country
7.1.1 North America Sandalwood Oil Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.1.2 North America Sandalwood Oil Sales by Country (2019-2024)
7.1.3 North America Sandalwood Oil Sales Forecast by Country (2025-2030)
7.2 North America Sandalwood Oil Market Size by Country
7.2.1 North America Sandalwood Oil Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2.2 North America Sandalwood Oil Market Size by Country (2019-2024)
7.2.3 North America Sandalwood Oil Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Sandalwood Oil Sales by Country
8.1.1 Europe Sandalwood Oil Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.1.2 Europe Sandalwood Oil Sales by Country (2019-2024)
8.1.3 Europe Sandalwood Oil Sales Forecast by Country (2025-2030)
8.2 Europe Sandalwood Oil Market Size by Country
8.2.1 Europe Sandalwood Oil Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2.2 Europe Sandalwood Oil Market Size by Country (2019-2024)
8.2.3 Europe Sandalwood Oil Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Sandalwood Oil Sales by Country
9.1.1 Asia-Pacific Sandalwood Oil Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.1.2 Asia-Pacific Sandalwood Oil Sales by Country (2019-2024)
9.1.3 Asia-Pacific Sandalwood Oil Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Sandalwood Oil Market Size by Country
9.2.1 Asia-Pacific Sandalwood Oil Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2.2 Asia-Pacific Sandalwood Oil Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Sandalwood Oil Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Sandalwood Oil Sales by Country
10.1.1 Latin America Sandalwood Oil Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.1.2 Latin America Sandalwood Oil Sales by Country (2019-2024)
10.1.3 Latin America Sandalwood Oil Sales Forecast by Country (2025-2030)
10.2 Latin America Sandalwood Oil Market Size by Country
10.2.1 Latin America Sandalwood Oil Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2.2 Latin America Sandalwood Oil Market Size by Country (2019-2024)
10.2.3 Latin America Sandalwood Oil Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Sandalwood Oil Sales by Country
11.1.1 Middle East and Africa Sandalwood Oil Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.1.2 Middle East and Africa Sandalwood Oil Sales by Country (2019-2024)
11.1.3 Middle East and Africa Sandalwood Oil Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Sandalwood Oil Market Size by Country
11.2.1 Middle East and Africa Sandalwood Oil Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2.2 Middle East and Africa Sandalwood Oil Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Sandalwood Oil Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Sandalwood Oil Value Chain Analysis
12.1.1 Sandalwood Oil Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Sandalwood Oil Production Mode & Process
12.2 Sandalwood Oil Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Sandalwood Oil Distributors
12.2.3 Sandalwood Oil Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings