Global Sandalwood Extract Market to Grow at a CAGR of 3.3% during 2021-2026

The global Sandalwood Extract market was valued at US$ 110 million in 2020 and it is expected to reach US$ 139.5 million by the end of 2027, growing at a CAGR of 3.3% during 2021-2027.

Sandalwood is a class of woods from trees in the genus Santalum. The woods are heavy, yellow, and fine-grained, and unlike many other aromatic woods, they retain their fragrance for decades. Indian Sandalwood Oil (Santalum Album) is extracted from the woods for use. Sandalwood is the second most expensive wood in the world, after African blackwood. Both the wood and the oil produce a distinctive fragrance that has been highly valued for centuries. Consequently, species of these slow-growing trees have suffered over-harvesting in the past century.

Global Sandalwood Extract key players include Quintis (former TFS Corporation), Santanol Group, KS&DL (Karnataka Soaps & Detergents Limited), Meena Perfumery, RK-Essential Oils Company, etc. Global top five manufacturers hold a share over 65%.

Australia is the largest market, with a share about 65%, followed by India and Indonesia, both have a share about 30 percent.In terms of product, East Indian Sandalwood Oil is the largest segment, with a share about 85%. And in terms of application, the largest application is Personal Care, followed by Aromatherapy, Pharmaceuticals, etc.

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(Impact of COVID-19 is covered in report)

The Sandalwood Extract market research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. By Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Key Companies included in Sandalwood Extract market report are Quintis (TFS Corporation), Mercer(Santanol Group), KS&DL (Karnataka Soaps & Detergents Limited), Meena Perfumery, RK-Essential Oils Company, Naresh International, Katyani Exports, Essentially Australia, Sandalwood Forest (Qingyuan), Jiangxi Jishui Natural Essential oil Facto Jinagxi Xuesong  and more in terms of company basic information, product portfolio, Production, Revenue, Price, Gross Margin (2016-2021) & Recent Developments/Updates.

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Table of Content:

1 Sandalwood Extract Market Overview

– Product Overview and Scope, Market Size Growth Rate Analysis by Type, Consumption Comparison by Application, Growth Prospects)

2 Market Competition by Manufacturers

– Market Share, Average Price, Production Sites, Area Served, Product Types, Competitive Situation, Trends, Concentration Rate, Mergers & Acquisitions, Expansion

3 Production and Capacity by Region

– Global, North America, Europe, China, Japan, South Korea, India Market Share by Region (2016-2021) & Production, Revenue, Price and Gross Margin

4 Global Sandalwood Extract Consumption by Region

– Consumption Market Share for

– North America (U.S.A, Canada)

– Europe (Germany, France, U.K., Italy, Russia)

– Asia Pacific (China, Japan, South Korea, Taiwan, Southeast Asia, India, Australia)

– Latin America (Mexico, Brazil)

5 Production, Revenue, Price Trend by Type

– Global Production & Revenue Market Share by Type (2016-2021)

6 Consumption Analysis by Application

– Global Consumption Market Share by Application (2016-2021) & Consumption Growth Rate

7 Key Companies Profiled

– Corporation Information, Product Portfolio, Production, Revenue, Price and Gross Margin (2016-2021), Main Business and Markets Served

8 Sandalwood Extract Manufacturing Cost Analysis

– Key Raw Materials Analysis, Price Trend, Key Suppliers, Manufacturing Cost Structure, Industrial Chain Analysis

9 Marketing Channel, Distributors and Customers

10 Market Dynamics

– Trends, Drivers, Challenges, Restraints

11 Production and Supply Forecast

– Production, Revenue Forecast (2022-2027) for North America, Europe, China, Japan, South Korea, and India

12 Consumption and Demand Forecast

– Forecasted Consumption by Countries for North America, Europe, Asia Pacific, and Latin America

13 Forecast by Type and by Application (2022-2027)

– Global Forecasted Production, Revenue, Price by Type (2022-2027), Forecasted Consumption by Application

14 Research Finding and Conclusion

15 Methodology and Data Source

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