Sandalwood Oil Market (Updated Version Available)

The report offers detailed coverage of Sandalwood Oil industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Sandalwood Oil by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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 global sandalwood oil concentration rate is relatively low; the manufacturers are mainly distributed in eastern Indian Ocean and the Pacific Ocean, like Australia, India, Indonesia, Sri Lanka, Malaysia, China and Hawaii etc. Australia and India are dominating the global sandalwood oil market.

In Australia, is the largest producer of sandalwood oil, the market is dominated by few players like Quintis (former TFS Corporation), Santanol Group and Essentially Australia. Quintis now is the largest producer of sandalwood oil in the world, cultivates and manages huge santalum album trees in Australia, supplies sandalwood oil for the perfume and pharmaceutical use. Quintis\'s customer include Galderma, Lush Cosmetics, Young Living, Santalis Pharmaceuticals and Estee Lauder etc.

India is the second producer of sandalwood oil, the market concentration rate is low, most of the players are small, and the top players include Karnataka Soaps & Detergents Limited (KS&DL), RK-Essential Oils Company, Meena Perfumery, Katyani Exports and Naresh International etc.

In China, there are only several producer located in Jiangxi and Guangdong province, like Sandalwood Forest (cultivate Indian sandalwood in Guangdong), Jinagxi Xuesong and Jiangxi Jishui etc. low-yielding and low quality.

In terms of consumption of sandalwood oil, North America, Europe and India are dominating the consumption market, the sandalwood oils are mainly used in personal care products, cosmetics, perfumes, aromatherapy, Pharmaceuticals and other applications like mosquito coils and incense etc.

This industry is easily affected by the development of the sandalwood. The natural sandalwood trees are decreasing due to illegal felling and procurement of the wood. It will have to rely on the artificial cultivation in the future. And it is possible that the sandalwood oil price will keep a weak down trend in the future, thanks to the strong demand and the success of the artificial cultivation. So it\'s important to put an eye to the development of natural and artificial cultivation sandalwood, especially large production country, like Australia, India and , Indonesia and the Pacific Islands.


The report forecast global Sandalwood Oil market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Sandalwood Oil market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Quintis (TFS Corporation)(Australia)
Santanol Group (Australia)
RK-Essential Oils Company (India)
Meena Perfumery (India)
Naresh International (India)
Essentially Australia (Australia)
Katyani Exports (India)
KS&DL (Karnataka Soaps & Detergents Limited)(India)
Sandalwood Forest (Qingyuan) (China)
Jiangxi Jishui Natural Essential oil Factory (China)
Jinagxi Xuesong (China)


At the same time, we classify Sandalwood Oil according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Indian Sandalwood Oil
Australian Sandalwood Oil
Market by Application
Cosmetics(Perfumes)
Pharmaceuticals
Aromatherapy
Others

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Sandalwood Oil market for the forecast period 2021 - 2025?
• What are the driving forces in the Sandalwood Oil market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Sandalwood Oil industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?