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Sandalwood Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2024-2030

06-26-2024 04:53 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

The global Sandalwood market is projected to reach US$ 502.2 million by 2030 from an estimated US$ 292.9 million in 2024, at a CAGR of 9.4% during 2024 and 2030.

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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.

Purchase Regional Report: https://reports.valuates.com/request/regional/QYRE-Auto-30D7002/China_Sandalwood_Market_Report_Forecast_2021_2027

This report aims to provide a comprehensive presentation of the global market for Sandalwood, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyse their position in the current marketplace, and make informed business decisions regarding Sandalwood.

The Sandalwood market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Sandalwood market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Sandalwood manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and regions.

By Type
Indian Sandalwood
Australian Sandalwood

By Application
Personal Care
Aromatherapy
Pharmaceuticals
Sculpture
Furniture

Key Companies
Quintis, FPC, WA Sandalwood Plantations, Australian Sandalwood, Santanol Group, KS&DL, Sandalwood Forest

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-30D7002/china-sandalwood

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Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

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