Global Sandalwood Products Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Sandalwood Products Market 2024 by Company, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Sandalwood Products market size was valued at USD 273.5 million in 2023 and is forecast to a readjusted size of USD 499.8 million by 2030 with a CAGR of 9.0% during review period.

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 Others species are used for their scent as well.

Australia is the largest Sandalwood market with about 69% market share. India is follower, accounting for about 20% market share.

The key players are Quintis, FPC, WA Sandalwood Plantations, Australian Sandalwood, Santanol Group, KS&DL, Sandalwood Forest etc. Top 3 companies occupied about 72% market share.

The Global Info Research report includes an overview of the development of the Sandalwood Products industry chain, the market status of Personal Care (Sandalwood Extract, Sandalwood), Aromatherapy (Sandalwood Extract, Sandalwood), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Sandalwood Products.

Regionally, the report analyzes the Sandalwood Products markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Sandalwood Products market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Sandalwood Products market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Sandalwood Products industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Sandalwood Extract, Sandalwood).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Sandalwood Products market.

Regional Analysis: The report involves examining the Sandalwood Products market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Sandalwood Products market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Sandalwood Products:

Company Analysis: Report covers individual Sandalwood Products players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Sandalwood Products This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Personal Care, Aromatherapy).

Technology Analysis: Report covers specific technologies relevant to Sandalwood Products. It assesses the current state, advancements, and potential future developments in Sandalwood Products areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Sandalwood Products market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Sandalwood Products market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Sandalwood Extract
Sandalwood
Others

Market segment by Application
Personal Care
Aromatherapy
Pharmaceuticals
Sculpture
Furniture
Others

Market segment by players, this report covers
Quintis (TFS Corporation)
Mercer(Santanol Group)
KS&DL (Karnataka Soaps & Detergents Limited)
Meena Perfumery
RK-Essential Oils Company
Naresh International
Katyani Exports
Essentially Australia
Sandalwood Forest (Qingyuan)
Jiangxi Jishui Natural Essential oil Factory
Jinagxi Xuesong

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Sandalwood Products product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Sandalwood Products, with revenue, gross margin and global market share of Sandalwood Products from 2019 to 2024.

Chapter 3, the Sandalwood Products competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Sandalwood Products market forecast, by regions, type and application, with consumption value, from 2025 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Sandalwood Products.

Chapter 13, to describe Sandalwood Products research findings and conclusion.