Report Feature
The future of the sandalwood oil market looks promising with opportunities in the cosmetic and personal care, pharmaceutical, aromatherapy, and household applications. The global sandalwood oil market is expected to grow with a CAGR of 6%-7% from 2020 to 2025. The major drivers for this market are growing beauty consciousness among consumer, increased stress level, and shift of consumer preferences from chemical to natural products.
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The study includes trends and forecast for the global sandalwood oil market by application, source, product type, and region as follows:
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
- Cosmetic and Personal Care
- Pharmaceutical
- Aromatherapy
- Household
By Source [Value ($ Million) shipment analysis for 2014 – 2025]:
- Natural
- Synthetic
By Product Type [Value ($ Million) shipment analysis for 2014 – 2025]:
- East Indian Sandalwood Oil
- New Caledonian Sandalwood Oil
- Australian Sandalwood Oil
- Others
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
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North America
- United States
- Canada
- Mexico
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Europe
- Italy
- United Kingdom
- German
- France
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Asia Pacific
- China
- India
- South Korea
- Japan
-
The Rest of the World
- Brazil
Some of the sandalwood oil companies profiled in this report include Albert Vieille, Doterra International LLC, Eden Botanicals, Santanol Group, Plant Therapy Essential Oils, Aditi Essentials, Haldin International, Jiangyin Healthway, Kanta Enterprises, and PerfumersWorld
Lucintel forecasts that natural sandalwood oil will remain the largest segment over the forecast period due to its increased demand from cosmetic and personal care industry as it is suitable for every skin type and has no side effects.
Within this market, cosmetic and personal care will remain the largest segment by application over the forecast period due to rising demand from fragrance industry and its usage in various personal care products as facial cleansing oil, anti-wrinkle ingredient, and as a moisturizing agent.
Asia Pacific will remain the largest region over the forecast period due to increased awareness about benefits of sandalwood oil and high disposable income leading to the increased expenditure capacity on personal care products.
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Features of the Global Sandalwood Oil Market |
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This report answers following key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global sandalwood oil market by application (cosmetic and personal care, pharmaceutical, aromatherapy, and household), source (matural and synthetic), product type (East Indian sandalwood oil, new Caledonian oil, Australian sandalwood oil, and others), and region (North America, Europe, Asia Pacific, and Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which region will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global sandalwood oil market? Q.5 What are the business risks and threats to the global sandalwood oil market? Q.6 What are emerging trends in this sandalwood oil market and the reasons behind them? Q.7 What are some changing demands of customers in this sandalwood oil market? Q.8 What are the new developments in this sandalwood oil market? Which companies are leading these developments? Q.9 Who are the major players in this sandalwood oil market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in this sandalwood oil market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the global sandalwood oil market? |
Report Scope
| Key Features | Description |
| Base Year for Estimation | 2019 |
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Trend Period (Actual Estimates) |
2014-2019 |
| Forecast Period | 2020-2025 |
| Pages | More than 150 |
| Market Representation / Units | Revenue in US $ Million |
| Report Coverage | Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling |
| Market Segments | Application (Cosmetic and Personal Care, Pharmaceutical, Aromatherapy, and Household), Source (Natural and Synthetic), and Product Type (East Indian Sandalwood Oil, New Caledonian Oil, Australian Sandalwood Oil, and Others) |
Regional Scope |
North America (USA, Mexico, and Canada), Europe (Italy, United Kingdom, Germany, and France), Asia (China, India, Japan, South Korea), and ROW (Brazil) |
| Customization | 10% Customization without Any Additional Cost |
Table of Contents
1. Executive Summary
7.2 Emerging Trends in the Global Sandalwood Oil Market
4.1 Global Sandalwood Oil Market by Region
4.2.1 Market by Application: Cosmetic and Personal Care, Pharmaceutical, Aromatherapy, and Household
4.2.2 Market by Source: Natural and Synthetic
4.2.3 Market by Product Type: East Indian Sandalwood Oil, New Caledonian Sandalwood Oil, Australian Sandalwood Oil, and Others
4.2.4 The United States Sandalwood Oil Market
4.2.5 The Canadian Sandalwood Oil Market
4.2.6 The Mexican Sandalwood Oil Market
4.3.1 Market by Application: Cosmetic and Personal Care, Pharmaceutical, Aromatherapy, and Household
4.3.2 Market by Source: Natural and Synthetic
4.3.3 Market by Product Type: East Indian Sandalwood Oil, New Caledonian Sandalwood Oil, Australian Sandalwood Oil, and Others
4.3.4 The Italian Sandalwood Oil Market
4.3.5 The United Kingdom Sandalwood Oil Market
4.3.6 The German Sandalwood Oil Market
4.3.7 The French Sandalwood Oil Market
4.4.1 Market by Application: Cosmetic and Personal Care, Pharmaceutical, Aromatherapy, and Household
4.4.2 Market by Source: Natural and Synthetic
4.4.3 Market by Product Type: East Indian Sandalwood Oil, New Caledonian Sandalwood Oil, Australian Sandalwood Oil, and Others
4.4.4 The Chinese Sandalwood Oil Market
4.4.5 The Indian Sandalwood Oil Market
4.4.6 The South Korean Sandalwood Oil Market
4.4.7 The Japanese Sandalwood Oil Market
4.5.1 Market by Application: Cosmetic and Personal Care, Pharmaceutical, Aromatherapy, and Household
4.5.2 Market by Source: Natural and Synthetic
4.5.3 Market by Product Type: East Indian Sandalwood Oil, New Caledonian Sandalwood Oil, Australian Sandalwood Oil, and Others
4.5.4 The Brazilian Sandalwood Oil Market
7.1.1 Growth Opportunities for the Global Sandalwood Oil Market by Application
7.1.2 Growth Opportunities for the Global Sandalwood Oil Market by Source
7.1.3 Growth Opportunities for the Global Sandalwood Oil Market by Product Type
7.1.4 Growth Opportunities for the Global Sandalwood Oil Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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