Sandalwood Oil industry, Key Vendors Analysis, Industry Growth, Import & Export, Revenue by Forecast to 2027

Market Overview

Sandalwood Oil industry is an essential oil sourced from a small tropical tree known as Indian sandalwood or Santalum album. Its color ranges from pale yellow to golden yellow and is popular for its woody- floral smell. Sandalwood oil creates a calming and harmonizing effect in the minds. Moreover, it holds various attributes such as antiseptic, anti-inflammatory and astringent which is driving the market in pharmaceutical industry as well. Additionally, Sandalwood Oil industry has become an integral part in cosmetic products owing to its various skin beneficial attributes.

Key Players

The major players in the Sandalwood Oil industry

Doterra International Llc. (U.S.)

Eden Botanicals (U.S.)

Plant Therapy Essential Oils (U.S.)

Santanol Group (Australia)

Sallamander Concepts Pty Ltd (South Africa)

Healing Solutions (U.S.)

Khadi Herbal (India)

Market Segmentation:

On the basis of type, Sandalwood Oil industry is segmented such as natural and synthetic. Out of this, natural sandalwood oil is growing compared to synthetic Sandalwood Oil industry due to certain allergic effects caused among sensitive skinned population from chemicals used in synthetic sandalwood oil.

Based on application, sandalwood oil is segmented on the basis of personal care products, pharmaceuticals, aromatherapy and others. Among all, personal care industry is holding major share in application of sandalwood oil. Apart from the woody- floral smell, sandalwood is useful in reducing burning sensations in skin and cleansing the skin pores which has increased its popularity in personal care industry.

 

Based on the distribution channel, sandalwood oil is segmented as store based and non-store based. Store based distribution channel is dominating the market based on one-stop shopping experience. However, non-store based distribution channel is witnessing a moderate growth.

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 Regional Analysis

The global Sandalwood Oil industry is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). Asia Pacific is dominating the market followed by North America. China and India are dominating the Sandalwood Oil industry in Asia Pacific based on the historic presence of Sandalwood Oil industry in the customs and traditions of this region.

European market is attracting Sandalwood Oil industry majorly for aromatherapy. Moreover, the Middle East and Africa hold an opportunistic market for sandalwood oil. Additionally, the U.S., China, Japan, Germany and Singapore are the major importers in this market.

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