Press release
Sandalwood Oil Market to Increase At a CAGR of 6.99 Percentage to Reach a Valuation of USD 202.68 Million by 2030
Sandalwood Oil Market
Sandalwood Oil Market size was valued at US$ 126.30 Mn. in 2023 and the total revenue is expected to grow at 6.99% through 2024 to 2030, reaching nearly US$ 202.68 Mn.
Sandalwood Oil Market Overview
The Sandalwood Oil Market, valued at USD 126.30 million in 2023, is projected to grow at a CAGR of 6.99% from 2024 to 2030, reaching approximately USD 202.68 million. Sandalwood oil, derived through steam distillation of sandalwood tree chips and billets, is prominently used in the cosmetic and personal care industries for products such as soaps, shampoos, and lotions. Additionally, it has applications in aromatherapy and traditional medicine due to its antiseptic and astringent properties.
Your Sample Report Is Just a Click Away! https://www.maximizemarketresearch.com/request-sample/147187/
Drivers in the Sandalwood Oil Market
The growth of the Sandalwood Oil Market is primarily driven by its health benefits, including its potential to prevent certain skin malignancies when applied topically. The oil's pleasant scent has made it increasingly popular in aromatherapy, enhancing psychological well-being and contributing to market expansion. Furthermore, its wide range of applications in personal care products due to its therapeutic properties fuels its demand globally.
Sandalwood Oil Market Trends
Key trends in the Sandalwood Oil Market include the rising popularity of natural and eco-friendly products, which drives the demand for natural sandalwood oil over synthetic alternatives. There is also an increasing inclination towards using sandalwood oil in aromatherapy and personal care products, capitalizing on its soothing and health-enhancing properties. Additionally, the market is witnessing significant investments in research and development to explore innovative applications and improve product efficacy.
𝐍𝐞𝐞𝐝 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 + 𝐆𝐫𝐚𝐩𝐡𝐬 𝐇𝐞𝐫𝐞: https://www.maximizemarketresearch.com/inquiry-before-buying/147187/
Sandalwood Oil Market Opportunities
The Sandalwood Oil Market presents lucrative opportunities driven by high research and development investments. The product's diverse applications and beneficial properties offer numerous prospects for market players to innovate and introduce new sandalwood oil-based products. The growing demand for natural and therapeutic products in personal care and aromatherapy sectors also provides substantial growth potential for manufacturers.
Sandalwood Oil Market Regional Insight
The Asia-Pacific region dominates the Sandalwood Oil Market, accounting for 60% of the market share in 2023, primarily due to the abundant availability of sandalwood trees in India and the presence of major key players in the region. North America and Europe follow, with market shares of 16% and 10% respectively, driven by increasing demand for natural products and higher disposable incomes. The Middle East & Africa and South America have smaller market shares but are expected to grow steadily due to rising awareness and demand for sandalwood oil's therapeutic benefits.
Curious to peek inside? Grab your sample copy of this report now: https://www.maximizemarketresearch.com/request-sample/147187/
Segmentation Analysis of the Sandalwood Oil Market:
by Type
Natural
Lab Created
by Application
Personal Care
Pharmaceutical
Aromatherapy
Who is the largest manufacturers of Sandalwood Oil Market worldwide?
Albert Vieille SAS
Doterra International LLC
Eden botanicals
Santanol Group
Plant Therapy Essential Oils
Aditi Essentials
Haldin International
Iangyin Healthway
Kanta Enterprises
PerfumersWorld Ltd.
Ancient Healer
Khadi Natural
Vedic Vaani
Cliara Essential Oils
Sallamander Concepts Pty Ltd
Get Discount On The Purchase Of This Report @ https://www.maximizemarketresearch.com/market-report/sandalwood-oil-market/147187/
Key Offerings:
• Past Market Size and Competitive Landscape
• Baby Food Market Size, Share, Size & Forecast by different segment
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Baby Food Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
Explore our top-performing reports on the latest trends:
♦ Fragrance diffuser market https://www.maximizemarketresearch.com/market-report/fragrance-diffuser-market/146338/
♦ Global Yoga Mat Market https://www.maximizemarketresearch.com/market-report/yoga-mat-market/37178/
♦ Global Conductive Textiles Market https://www.maximizemarketresearch.com/market-report/global-conductive-textiles-market/31930/
♦ Global Camping Equipment Market https://www.maximizemarketresearch.com/market-report/global-camping-equipment-market/103396/
♦ Air Freshener Market https://www.maximizemarketresearch.com/market-report/global-air-freshener-market/27960/
♦ Tote Bags Market https://www.maximizemarketresearch.com/market-report/global-tote-bags-market/107718/
♦ Luxury Fashion Market https://www.maximizemarketresearch.com/market-report/luxury-fashion-market/126250/
MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
🖂 sales@maximizemarketresearch.com
🌐 www.maximizemarketresearch.com
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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 Sandalwood Oil Market to Increase At a CAGR of 6.99 Percentage to Reach a Valuation of USD 202.68 Million by 2030 here
News-ID: 3598163 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Clinical Trials Market Set to Reach USD 88.26 Billion by 2032 with a 6.13% CAGR …
According to a new report by Maximize Market Research, the global Clinical Trials Market was valued at USD 54.83 billion in 2024 and is projected to reach USD 88.26 billion by 2032, growing at a CAGR of 6.13%. A major surge in biopharmaceutical R&D and oncology-focused studies is driving the global clinical trials market toward nearly USD 88.26 billion by 2032 at a 6.13% CAGR.
► Get a sample of the…
Turbo Trainer Market to Reach USD 421.03 Million by 2032, Growing at a CAGR of 5 …
Turbo Trainer Market size was valued at USD 281.52 Mn. in 2024 and the total Turbo Trainer revenue is expected to grow at 5.16% through 2025 to 2032, reaching nearly USD 421.03 Mn.
Turbo Trainer Market Overview:
The Turbo Trainer Market is witnessing significant growth as fitness enthusiasts increasingly adopt indoor cycling equipment for year-round training. Turbo trainers, which allow users to convert regular bicycles into stationary exercise machines, have become essential…
Sodium Acetate Market to Reach USD 354.24 Million by 2032, Growing at a CAGR of …
Sodium Acetate Market size was valued at USD 206.17 Million in 2024, and the total revenue is expected to grow at CAGR of 7 % from 2025 to 2032, reaching nearly USD 354.24 Million.
Sodium Acetate Market Overview:
The Sodium Acetate Market is experiencing steady growth due to its widespread applications across industries such as food and beverage, pharmaceuticals, textiles, and chemical manufacturing. Sodium acetate, a versatile salt of acetic acid, is…
India Tire Market to Reach USD 27.6 Billion by 2033 at 7.6 % CAGR - "India Tire …
According to a new report by Maximize Market Research, the India tire market was valued at approximately USD 13.4 billion in 2024 and is expected to climb to USD 27.6 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.6 %. The growth is underpinned by increasing automotive production, growing replacement demand, and rising adoption of radial tyres.
► Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/21022/
♦ Key Highlights
Market size…
More Releases for Oil
Hydraulic Oil Market,By Base Oil (Mineral Oil, Synthetic Oil, Semi-Synthetic Oil …
In recent years, the production capacity for hydraulic oil has increased significantly across the globe. Moreover, the Group II and III base oils are primarily gaining popularity for utilization in lubricant formulations for automatic transmission engines, heavy-duty trucks, and passenger automobiles. Therefore, these determinants are expected to for drive the development of the global hydraulic oil market in the anticipated period.
Global Hydraulic Oil Market was valued at USD 10.47 billion in 2021…
Cosmetic Oil Market Future Outlook 2023-2029, Industry Demand, Trends, Size, New …
This Cosmetic Oil Market research report is one of the best and wide-ranging, which provides market insights by considering numerous factors. Therefore, businesses can get important market insights cost-effectively with the help of the Cosmetic Oil Market research report. Such a persuasive report is the best to gain a competitive advantage in this quickly transforming marketplace. In addition, the report also provides market segmentation based on type and end-user. The…
Transformer Oil Market, Transformer Oil Market Size, Transformer Oil Market Shar …
The Transformer Oil Market research report consists of a detailed study of the market and the market dynamics that are related to the same. The in-depth data on the development of the market is presented in the Research report. Not only this but also the detailed data on the performance of the market for the forecast period are presented in the Transformer Oil Market research report. The performance analysis is…
Growing demand for corn oil as cooking oil is fuelling the Corn Oil Market
The research report "Corn Oil Market: by Product Type (High Oleic, Middle Oleic, Low Oleic), By Application (Biodiesel, Soap Making, Food Services, Pharmaceutical, Others) and Geography- Global/Region/Country Forecast to 2028." The global corn oil market size was valued at USD 4.2 Bn in the year 2021, growing at a CAGR rate of 7.2% during the evaluation time span 2022-2028.
Glance our 200 slides market research and competitive intelligence research report,…
Apricot Oil, Apricot Kernel Oil Supplier, Co2 Apricot Oil Manufacturer
The seed inside every apricot contains thin oil, which is extracted from the kernel of the seed after eating the delectable fruit. Apricot oil is also known as apricot kernel oil. This oil has been the interest of many experts for research purposes due to its infinite health benefits. It has been found that the oil could cure some serious health conditions (like cancer). Apricot oil has a profound nutty…
Global Sustainable Palm Oil Market analysis report- with Leading players, Applic …
Sustainable Palm Oil Market
The most widely used vegetable oil there is, palm oil is found in everything from snacks to household cleaners to cosmetics. Palm oil is used in many of the products on supermarket shelves, from margarine and chocolate to ice cream, soaps, cosmetics, and fuel for cars and power plants. The report presents a comprehensive overview, market shares, and growth opportunities of Sustainable Palm Oil market by product type,…
