Sandalwood Market Is Booming Across the Globe | Quintis, FPC, WA Sandalwood Plantations, Australian Sandalwood, Santanol Group, KS&DL

The Latest report about the Sandalwood market delivers a detailed evaluation of the business vertical in question, alongside a brief overview of the industry segments. An exceptionally workable estimation of the present industry scenario has been delivered in the study, and the Sandalwood market size with regards to the revenue and volume have also been mentioned. In general, the research report is a collecting of key data with regards to the competitive landscape of this vertical and the multiple regions where the business has successfully recognized its position.

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report: Quintis, FPC, WA Sandalwood Plantations, Australian Sandalwood, Santanol Group, KS&DL, Sandalwood Forest

Sandalwood Market size will reach USD 142.4 Million in 2028, growing at a CAGR of 3.4% over the analysis period size will reach USD 142.4 Million in 2028, growing at a CAGR of 3.4% over the analysis period

News and Updates

Quintis Sandalwood Launches Commercial Continuous Steam Distillation Plant- Quintis Sandalwood announces the launch of a commercial Continuous Steam Distillation plant designed to meet the growing demand for oil in a more sustainable way, a change to antiquated distillation processes was needed.

BASF and Isobionics launch Isobionics Santalol, an alternative to sandalwood oil- BASF Nutrition & Health and Isobionics® are launching their first joint product, Isobionics® Santalol. Thanks to its woody odor profile, the new fragrance in BASF's portfolio is a convincing alternative to sandalwood oil.

Market Overview

Growing beauty consciousness has fuelled the demand for sandalwood oil. Sandalwood oil plays an important role in perfumeries as it has an exotic woody-floral scent which tempts consumers. Apart from perfumeries, sandalwood oil is also used as facial cleansing oil, anti-wrinkle ingredient, and as a moisturizing agent in the cosmetic and personal care industries. Sandalwood oil has also found usage in personal care products such as bathing soaps, shampoos, body lotions, etc. over the years. Sandalwood oil is predominantly produced in Asia Pacific, particularly in India and Indonesia where sandalwood trees are abundantly available. Sandalwood oil is predominantly imported by the U.S. and France due to increased demand for sandalwood oil in cosmetic products. Increasing application of sandalwood oil is driving the production and consumption of sandalwood oil across the world. Along with cosmetics, sandalwood oil has growing demand for commercial consumer products such as incense sticks, room fresheners, aroma therapeutic blending etc. due to increasing demand for the natural aromatic products among the consumers. The multi-utility for sandalwood oil is anticipated to grow positively in the forecast period.

Sandalwood oil, also known as santal oil, is an essential oil obtained by processing chips and billets of sandalwood trees through steam distillation. It is mainly used in the cosmetic and personal care industry to produce commodities such as soaps, shampoos, and lotions. Sandalwood oil has been traditionally used as an antiseptic and astringent to treat headache, stomachache, and urinary disorders. Nowadays, it is most commonly used in aromatherapy to improve psychological well-being.

Sandalwood Market Segmentation:

Breakdown Data by Type

Indian Sandalwood

Australian Sandalwood

Others

Sandalwood Breakdown Data by Application

Personal Care

Aromatherapy

Pharmaceuticals

Sculpture

Furniture

Others

Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global Sandalwood market, covering important regions, viz, North America, Europe, China, and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

Strategic Points Covered in TOC:

The report focuses on global major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. What's more, the Sandalwood industry development trends and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered.

Sandalwood market research includes the methodical description of the various factors such as the market growth and detailed information about the different company's revenue, technological developments, production, and the various other strategic developments. The regional spaces of significant components, including the capacity, cost, price, technology, supplies, profit, and competition are analyzed.

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Sandalwood Analysis and Strategies Carry Out as below:

The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Sandalwood market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Sandalwood market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Sandalwood Market report.

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Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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