openPR Logo
Press release

Agarwood Essential Oil Market Comprehensive Research Study by Key Players Strategy | Shaanxi Guanjie Technology Co., Ltd., Ji'an Zhongxiang Natural Plants Co. | Upcoming Trend by Forecast to 2022

03-28-2019 08:29 AM CET | Health & Medicine

Press release from: Market Research Future

Agarwood Essential Oil Market Comprehensive Research Study

Market Analysis:

Agarwood essential oil, also, has high medicinal value and is extensively used by Ayurvedic practitioners which is one of the key drivers of agarwood essential oil market growth and expansion. Among all the other species, aquilaria species is the most popular one with a significant contribution towards accelerated revenue generation. As the raw materials are rare to find, technological advancements have been witnessed to augment the cultivation of agarwood. The plantation of agarwood has been introduced and re-introduced in countries such as Sri Lanka, Malaysia, etc. which will catalyze the revenue created from the Global Agarwood Essential Oil Market. Techniques have also been implemented to improve stimulation of agarwood production for enhanced quality of the oil produced which will favor the market growth and expansion.

The application base of agarwood essential oil is expanding fast. The manufacturers are leveraging the rarity of the raw materials for expensively pricing the oil without affecting the demand adversely. The agarwood, also known as aloeswood, is mostly used to produce incense and perfumes. Agarwood essential oil is also used by the end user industries for producing soaps, cosmetics, personal care items, therapeutics, etc. The increasing demand for agarwood essential oil as an ingredient in the production process of varied industry verticals will fuel the market growth of agarwood essential oil over the assessment period.

Get a Free Sample Report Now @ https://www.marketresearchfuture.com/sample_request/2555

Major Key Players Demand:

The key players profiled by MRFR in its latest report for an accurate market forecast include Shaanxi Guanjie Technology Co., Ltd., Ji'an Zhongxiang Natural Plants Co., Ltd, Xi'an Natural Field Bio-Technique Co., Ltd., Dauper SA, Hoang Giang Agarwood Company Limited, Amarnath Exports, and, Maruti Natural Fragrances among others. The top-notch players strengthen their footholds in the market by strategizing initiatives such as scientific methods of cultivation, adoption of technology to enhance quality, product developments, etc.

Industry News:

In February 2018, Thoub Chankrassna Khmer Co (TCK), Cambodian agarwood plantations and an incense company, has partnered with Thai investment firm First Capital Group (FCG), for spending USD 100 Mn in improving the quality of Cambodia’s agarwood trees.

Market Segmentation:

By raw material, the agarwood essential oil market has been segmented into wood, resin, flowers, bark and others and others

By product type, the global agarwood essential oil market is segmented into pure essential oil, compound essential oil, and others

By application, the agarwood essential oil market has been segmented into perfume, cosmetics, and others

Detailed Regional Analysis:

By region, the Agarwood Essential Oil has been segmented into Europe, North America, Asia Pacific, and the Rest of the World (ROW). Asia Pacific accounts for the largest share of the market size and revenue, and the trend is likely to continue over the assessment period. The region is the highest producer of agarwood owing to the presence of countries such as China, India, and Malaysia which will drive the agarwood essential market oil across the review period.

Browse Complete Half Cooked Research Report Enabled with Respective Tables and Figures is Available @ https://www.marketresearchfuture.com/reports/agarwood-essential-oil-market-2555

The widening range of application of agarwood essential oil will proliferate North America market by generating demand. The presence of countries such as Germany which accounts for a significant share in agarwood imports will favor Europe market expansion. Developed countries in North America and Europe are importing agarwood essential oil for use across different industry verticals which will encourage market growth in the regions. The Rest of the World market will exhibit a sluggish growth during the projection period.

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Agarwood Essential Oil Market Comprehensive Research Study by Key Players Strategy | Shaanxi Guanjie Technology Co., Ltd., Ji'an Zhongxiang Natural Plants Co. | Upcoming Trend by Forecast to 2022 here

News-ID: 1676128 • Views:

More Releases from Market Research Future

Denim Market Size By 2035 with 5.25 USD Billion in 2025 to 132.4 USD Billion, Due To Due to increasing popularity of Denim jeans, Denim jackets, and other denim apparel.
Denim Market Size By 2035 with 5.25 USD Billion in 2025 to 132.4 USD Billion, Du …
Denim Market Size Grow at a 75.25 USD Billion in 2025 to 132.4 USD Billion by 2035, CAGR of 5.81% By 2025 - 2035 Global Denim Market is entering a new phase of transformation as consumer demand, fashion cycles, and sustainable innovation continue to reshape the industry. Denim, once considered a classic wardrobe staple, has evolved into a versatile, fashion-driven category supported by innovations in fabric technology, eco-friendly production, and shifting
Humanoid Robots Market Size to Reach USD 13.8 Billion by 2032, Growing at 50.2% CAGR from 2024
Humanoid Robots Market Size to Reach USD 13.8 Billion by 2032, Growing at 50.2% …
The global Humanoid Robots Market is projected to reach USD 13.8 Billion by 2032, growing at a robust CAGR of 50.2% during the forecast period from 2024 to 2032. Driven by advancements in artificial intelligence, machine learning, and machine vision, humanoid robots-designed with human-like characteristics-are witnessing widespread adoption across healthcare, education, space exploration, and service industries. These robots are enhancing operational efficiency, performing complex tasks, and improving customer engagement across multiple
Vertical Farming Market Expansion: USD 9.023 Billion in 2025 Growing to USD 58.83 Billion by 2035
Vertical Farming Market Expansion: USD 9.023 Billion in 2025 Growing to USD 58.8 …
The Vertical Farming Market was estimated at USD 7.48 Billion in 2024 and is projected to grow from USD 9.023 Billion in 2025 to USD 58.83 Billion by 2035, exhibiting a robust CAGR of 20.62% during the forecast period from 2025 to 2035. Driven by increasing demand for sustainable agriculture, urbanization, and technological advancements in controlled-environment farming, vertical farming solutions are seeing widespread adoption across commercial, industrial, and urban agriculture sectors. Key
Robotics Market Trends and Forecast: USD 74,120.70 Million in 2024 Expected to Hit USD 476,019.67 Million by 2035
Robotics Market Trends and Forecast: USD 74,120.70 Million in 2024 Expected to H …
The Robotics Market was valued at USD 74,120.70 Million in 2024 and is projected to reach USD 476,019.67 Million by 2035, growing at a robust CAGR of 18.4% during the forecast period from 2024 to 2035. Driven by advancements in medical robots, growing industrial robotics adoption, and the development of AI technologies, robotics solutions are witnessing widespread adoption across healthcare, manufacturing, logistics, and service sectors. Despite challenges like high initial costs

All 5 Releases


More Releases for Agarwood

Agarwood Chips Market to reach Blatant Growth in Coming years by 2032 | Agarwood …
The latest study by Coherent Market Insights, titled "Agarwood Chips Market Size, Share & Trends Forecast 2025-2032," offers an in-depth analysis of the global and regional dynamics shaping this rapidly evolving industry. This comprehensive report highlights the competitive landscape, key market segments, value chain analysis, and emerging technological and regulatory trends expected between 2025 and 2032. The report provides actionable insights for business leaders, policymakers, investors, and new market entrants
How to Setup an Agarwood Oil Processing Plant
Setting up an agarwood oil processing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations. IMARC Group's report titled "Agarwood Oil Processing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a agarwood oil
Agarwood Oil Market Report Strategies for Sustainable Growth
Agarwood Oil Market Projected to Reach $447.07 Million by 2030, Driven by Rising Demand in Aromatherapy and Personal Care Sectors The global agarwood oil market is anticipated to achieve a valuation of approximately $447.07 million by 2030, reflecting a compound annual growth rate (CAGR) of 5.42% during the forecast period. This growth is primarily attributed to the escalating demand for natural aromatic products in aromatherapy and personal care industries. Get a closer
Agarwood Oil Market Opportunities and Trends 2024-2030
Embark on a sensory adventure as we delve into the heart of the Global Agarwood Oil Market, where nature's mystique meets modern innovation. The market, set to burgeon to nearly US$ 424.1 Mn by 2029, showcases a harmonious blend of tradition and technological strides with a compelling CAGR of 5.42% during the forecast period. Resinous Elegance: The Agarwood Symphony Nestled in the vibrant landscapes of the Asia-Pacific, Agarwood, or Eaglewood, emerges as
Global Agarwood Oil Market Landscape: A Fragrant Legacy
In the heart of the Asia-Pacific region lies a hidden treasure - Agarwood, a resinous wood that transforms into the exquisite Agarwood Oil. This aromatic elixir, born from the depths of the Southeast, captivates the senses with its therapeutic properties and rich history. As we delve into the intricate world of Agarwood, the Global Agarwood Oil Market emerges as a dynamic landscape, poised to reach a staggering US$ 424.1 million
Agarwood Essential Oil Market Forecast 2023-2033: BIOLANDES SAS,Tien Phuoc Co., …
Agarwood essential oil is a highly sought after and valuable oil derived from the resinous heartwood of the agarwood tree. The agarwood tree, also known as Aquilaria, is primarily found in Southeast Asia and is known for producing a fragrant resin that is used in a variety of applications, including perfumes, incense, and traditional medicine. Request for Free Sample  @  https://www.persistencemarketresearch.com/samples/19708 The global agarwood essential oil market is expected to reach a