Global Agarwood Essential Oil Market Research Report 2024(Status and Outlook)

Global Agarwood Essential Oil Market Research Report 2024(Status and Outlook)



Report Overview:

Agarwood, also known as Aloeswood is one of the most precious, rare and most expensive essential oil in existence today. The production of resin can take many years in the wild, like a good wine. Due to its huge cost and extreme rarity in the wild, trees are now cultivated and the resin is actually created artificially and then extracted by water distillation. Agarwood plantations have been developed in a number of countries, such as Sri Lanka and Malyasia as commercial crops specially to produce agar wood essential oils. Agarwood essential oil has a religious, traditional as well as cultural uses in many parts of the world. Superior quality agar wood is one of the most costly raw material in the world which makes agar wood essential oils among the expensive essential oil available commercially.

The Global Agarwood Essential Oil Market Size was estimated at USD 141.20 million in 2023 and is projected to reach USD 172.56 million by 2029, exhibiting a CAGR of 3.40% during the forecast period.

This report provides a deep insight into the global Agarwood Essential Oil market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Agarwood Essential Oil Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Agarwood Essential Oil market in any manner.

Global Agarwood Essential Oil Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Ji’an Zhongxiang Natural Plants

Maruti Natural Fragrances

Xi’an Natural Field Bio-Technique

Hoang Giang Agarwood Company Limited

Market Segmentation (by Type)

Natural Agarwood Essential Oil

Organic Agarwood Essential Oil

Market Segmentation (by Application)

Cosmetics & Personal Care

Incense

Therapeutics

Others

Geographic Segmentation
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Agarwood Essential Oil Market
  • Overview of the regional outlook of the Agarwood Essential Oil Market:
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
Customization of the Report

In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Note: this report may need to undergo a final check or review and this could take about 48 hours.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Agarwood Essential Oil Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the 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 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Agarwood Essential Oil
1.2 Key Market Segments
1.2.1 Agarwood Essential Oil Segment by Type
1.2.2 Agarwood Essential Oil Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Agarwood Essential Oil Market Overview
2.1 Global Market Overview
2.1.1 Global Agarwood Essential Oil Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Agarwood Essential Oil Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Agarwood Essential Oil Market Competitive Landscape
3.1 Global Agarwood Essential Oil Sales by Manufacturers (2019-2024)
3.2 Global Agarwood Essential Oil Revenue Market Share by Manufacturers (2019-2024)
3.3 Agarwood Essential Oil Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Agarwood Essential Oil Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Agarwood Essential Oil Sales Sites, Area Served, Product Type
3.6 Agarwood Essential Oil Market Competitive Situation and Trends
3.6.1 Agarwood Essential Oil Market Concentration Rate
3.6.2 Global 5 and 10 Largest Agarwood Essential Oil Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Agarwood Essential Oil Industry Chain Analysis
4.1 Agarwood Essential Oil Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Agarwood Essential Oil Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Agarwood Essential Oil Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Agarwood Essential Oil Sales Market Share by Type (2019-2024)
6.3 Global Agarwood Essential Oil Market Size Market Share by Type (2019-2024)
6.4 Global Agarwood Essential Oil Price by Type (2019-2024)
7 Agarwood Essential Oil Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Agarwood Essential Oil Market Sales by Application (2019-2024)
7.3 Global Agarwood Essential Oil Market Size (M USD) by Application (2019-2024)
7.4 Global Agarwood Essential Oil Sales Growth Rate by Application (2019-2024)
8 Agarwood Essential Oil Market Segmentation by Region
8.1 Global Agarwood Essential Oil Sales by Region
8.1.1 Global Agarwood Essential Oil Sales by Region
8.1.2 Global Agarwood Essential Oil Sales Market Share by Region
8.2 North America
8.2.1 North America Agarwood Essential Oil Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Agarwood Essential Oil Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Agarwood Essential Oil Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Agarwood Essential Oil Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Agarwood Essential Oil Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Ji’an Zhongxiang Natural Plants
9.1.1 Ji’an Zhongxiang Natural Plants Agarwood Essential Oil Basic Information
9.1.2 Ji’an Zhongxiang Natural Plants Agarwood Essential Oil Product Overview
9.1.3 Ji’an Zhongxiang Natural Plants Agarwood Essential Oil Product Market Performance
9.1.4 Ji’an Zhongxiang Natural Plants Business Overview
9.1.5 Ji’an Zhongxiang Natural Plants Agarwood Essential Oil SWOT Analysis
9.1.6 Ji’an Zhongxiang Natural Plants Recent Developments
9.2 Maruti Natural Fragrances
9.2.1 Maruti Natural Fragrances Agarwood Essential Oil Basic Information
9.2.2 Maruti Natural Fragrances Agarwood Essential Oil Product Overview
9.2.3 Maruti Natural Fragrances Agarwood Essential Oil Product Market Performance
9.2.4 Maruti Natural Fragrances Business Overview
9.2.5 Maruti Natural Fragrances Agarwood Essential Oil SWOT Analysis
9.2.6 Maruti Natural Fragrances Recent Developments
9.3 Xi’an Natural Field Bio-Technique
9.3.1 Xi’an Natural Field Bio-Technique Agarwood Essential Oil Basic Information
9.3.2 Xi’an Natural Field Bio-Technique Agarwood Essential Oil Product Overview
9.3.3 Xi’an Natural Field Bio-Technique Agarwood Essential Oil Product Market Performance
9.3.4 Xi’an Natural Field Bio-Technique Agarwood Essential Oil SWOT Analysis
9.3.5 Xi’an Natural Field Bio-Technique Business Overview
9.3.6 Xi’an Natural Field Bio-Technique Recent Developments
9.4 Hoang Giang Agarwood Company Limited
9.4.1 Hoang Giang Agarwood Company Limited Agarwood Essential Oil Basic Information
9.4.2 Hoang Giang Agarwood Company Limited Agarwood Essential Oil Product Overview
9.4.3 Hoang Giang Agarwood Company Limited Agarwood Essential Oil Product Market Performance
9.4.4 Hoang Giang Agarwood Company Limited Business Overview
9.4.5 Hoang Giang Agarwood Company Limited Recent Developments
10 Agarwood Essential Oil Market Forecast by Region
10.1 Global Agarwood Essential Oil Market Size Forecast
10.2 Global Agarwood Essential Oil Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Agarwood Essential Oil Market Size Forecast by Country
10.2.3 Asia Pacific Agarwood Essential Oil Market Size Forecast by Region
10.2.4 South America Agarwood Essential Oil Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Agarwood Essential Oil by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Agarwood Essential Oil Market Forecast by Type (2025-2030)
11.1.1 Global Forecasted Sales of Agarwood Essential Oil by Type (2025-2030)
11.1.2 Global Agarwood Essential Oil Market Size Forecast by Type (2025-2030)
11.1.3 Global Forecasted Price of Agarwood Essential Oil by Type (2025-2030)
11.2 Global Agarwood Essential Oil Market Forecast by Application (2025-2030)
11.2.1 Global Agarwood Essential Oil Sales (Kilotons) Forecast by Application
11.2.2 Global Agarwood Essential Oil Market Size (M USD) Forecast by Application (2025-2030)
12 Conclusion and Key Findings

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