
Global Sandalwood Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch's in-depth investigation and research, the global Sandalwood market size will reach 375.67 Million USD in 2025 and is projected to reach 722.81 Million USD by 2032, with a CAGR of 9.80% (2025-2032). Notably, the China Sandalwood market has changed rapidly in the past few years. By 2025, China's market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Sandalwood refers to a group of fragrant tropical woods from trees belonging to the genus Santalum. Renowned for its distinctive aroma, sandalwood is highly valued in perfumery, cosmetics, and traditional medicine. The heartwood of the sandalwood tree is used to extract essential oil, which possesses a rich, sweet, and woody scent. Sandalwood oil is prized for its calming and soothing properties and is often used in aromatherapy and incense. Additionally, sandalwood has a long history of use in religious ceremonies and rituals, particularly in Hindu and Buddhist traditions. Due to its high demand and limited availability, sandalwood has become a precious and expensive commodity, leading to concerns about overexploitation and illegal harvesting in some regions where it grows.
The major global manufacturers of Sandalwood include Quintis, FPC, WA Sandalwood Plantations, Australian Sandalwood, Santanol Group, KS&DL, Sandalwood Forest, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Sandalwood. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Sandalwood market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Sandalwood market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Sandalwood industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Sandalwood Include:
Quintis
FPC
WA Sandalwood Plantations
Australian Sandalwood
Santanol Group
KS&DL
Sandalwood Forest
Sandalwood Product Segment Include:
Indian Sandalwood
Australian Sandalwood
Others
Sandalwood Product Application Include:
Personal Care
Aromatherapy
Pharmaceuticals
Sculpture
Furniture
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Sandalwood Capacity and Production Analysis
Chapter 3: Global Sandalwood Industry PESTEL Analysis
Chapter 4: Global Sandalwood Industry Porter's Five Forces Analysis
Chapter 5: Global Sandalwood Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 6: Global Sandalwood Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 7: Global Sandalwood Sales, Revenue, Price and Forecast by Product Type
Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 9: Industrial Chain Analysis, Sandalwood Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 10: Research Findings and Conclusion
Chapter 11: Methodology and Data Sources
According to DIResearch's in-depth investigation and research, the global Sandalwood market size will reach 375.67 Million USD in 2025 and is projected to reach 722.81 Million USD by 2032, with a CAGR of 9.80% (2025-2032). Notably, the China Sandalwood market has changed rapidly in the past few years. By 2025, China's market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Sandalwood refers to a group of fragrant tropical woods from trees belonging to the genus Santalum. Renowned for its distinctive aroma, sandalwood is highly valued in perfumery, cosmetics, and traditional medicine. The heartwood of the sandalwood tree is used to extract essential oil, which possesses a rich, sweet, and woody scent. Sandalwood oil is prized for its calming and soothing properties and is often used in aromatherapy and incense. Additionally, sandalwood has a long history of use in religious ceremonies and rituals, particularly in Hindu and Buddhist traditions. Due to its high demand and limited availability, sandalwood has become a precious and expensive commodity, leading to concerns about overexploitation and illegal harvesting in some regions where it grows.
The major global manufacturers of Sandalwood include Quintis, FPC, WA Sandalwood Plantations, Australian Sandalwood, Santanol Group, KS&DL, Sandalwood Forest, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Sandalwood. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Sandalwood market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Sandalwood market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Sandalwood industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Sandalwood Include:
Quintis
FPC
WA Sandalwood Plantations
Australian Sandalwood
Santanol Group
KS&DL
Sandalwood Forest
Sandalwood Product Segment Include:
Indian Sandalwood
Australian Sandalwood
Others
Sandalwood Product Application Include:
Personal Care
Aromatherapy
Pharmaceuticals
Sculpture
Furniture
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Sandalwood Capacity and Production Analysis
Chapter 3: Global Sandalwood Industry PESTEL Analysis
Chapter 4: Global Sandalwood Industry Porter's Five Forces Analysis
Chapter 5: Global Sandalwood Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 6: Global Sandalwood Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 7: Global Sandalwood Sales, Revenue, Price and Forecast by Product Type
Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 9: Industrial Chain Analysis, Sandalwood Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 10: Research Findings and Conclusion
Chapter 11: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Sandalwood Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Sandalwood Product by Type
- 1.2.1 Indian Sandalwood
- 1.2.2 Australian Sandalwood
- 1.2.3 Others
- 1.3 Sandalwood Product by Application
- 1.3.1 Personal Care
- 1.3.2 Aromatherapy
- 1.3.3 Pharmaceuticals
- 1.3.4 Sculpture
- 1.3.5 Furniture
- 1.3.6 Others
- 1.4 Global Sandalwood Market Revenue and Sales Analysis
- 1.4.1 Global Sandalwood Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Sandalwood Sales Market Sales Analysis (2020-2032)
- 1.4.3 Global Sandalwood Market Sales Price Trend Analysis (2020-2032)
- 1.5 Sandalwood Market Development Status and Trends
- 1.5.1 Sandalwood Industry Development Status Analysis
- 1.5.2 Sandalwood Industry Development Trends Analysis
- 2 Global Sandalwood Capacity and Production Analysis
- 2.1 Global Sandalwood Capacity, Production and Utilization (2020-2032)
- 2.2 Global Sandalwood Production Growth Trend by Region: 2024 VS 2025 VS 2032
- 2.3 Global Sandalwood Production by Region
- 2.3.1 Global Sandalwood Production by Region (2020-2025)
- 2.3.2 Global Sandalwood Production Forecast by Region (2026-2032)
- 2.3.3 Global Sandalwood Production Market Share by Region (2020-2032)
- 3 Sandalwood Market PESTEL Analysis
- 3.1 Political Factors Analysis
- 3.2 Economic Factors Analysis
- 3.3 Social Factors Analysis
- 3.4 Technological Factors Analysis
- 3.5 Environmental Factors Analysis
- 3.6 Legal Factors Analysis
- 4 Sandalwood Market Porter's Five Forces Analysis
- 4.1 Competitive Rivalry
- 4.2 Threat of New Entrants
- 4.3 Bargaining Power of Suppliers
- 4.4 Bargaining Power of Buyers
- 4.5 Threat of Substitutes
- 5 Global Sandalwood Market Analysis by Country
- 5.1 Global Sandalwood Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 5.1.1 Global Sandalwood Revenue and Market Share by Country (2020-2025)
- 5.1.2 Global Sandalwood Revenue and Market Share Forecast by Country (2026-2032)
- 5.2 Global Sandalwood Sales Analysis by Country: 2024 VS 2025 VS 2032
- 5.2.1 Global Sandalwood Sales and Market Share by Country (2020-2025)
- 5.2.2 Global Sandalwood Sales and Market Share Forecast by Country (2026-2032)
- 5.3 United States Sandalwood Market Sales, Revenue and Growth Rate (2020-2032)
- 5.4 Germany Sandalwood Market Sales, Revenue and Growth Rate (2020-2032)
- 5.5 Japan Sandalwood Market Sales, Revenue and Growth Rate (2020-2032)
- 5.6 China Sandalwood Market Sales, Revenue and Growth Rate (2020-2032)
- 5.7 France Sandalwood Market Sales, Revenue and Growth Rate (2020-2032)
- 5.8 U.K. Sandalwood Market Sales, Revenue and Growth Rate (2020-2032)
- 5.9 South Korea Sandalwood Market Sales, Revenue and Growth Rate (2020-2032)
- 5.10 Canada Sandalwood Market Sales, Revenue and Growth Rate (2020-2032)
- 5.11 Italy Sandalwood Market Sales, Revenue and Growth Rate (2020-2032)
- 5.12 Russia Sandalwood Market Sales, Revenue and Growth Rate (2020-2032)
- 5.13 Mexico Sandalwood Market Sales, Revenue and Growth Rate (2020-2032)
- 5.14 Brazil Sandalwood Market Sales, Revenue and Growth Rate (2020-2032)
- 5.15 India Sandalwood Market Sales, Revenue and Growth Rate (2020-2032)
- 5.16 Vietnam Sandalwood Market Sales, Revenue and Growth Rate (2020-2032)
- 5.17 Thailand Sandalwood Market Sales, Revenue and Growth Rate (2020-2032)
- 5.18 South Africa Sandalwood Market Sales, Revenue and Growth Rate (2020-2032)
- 6 Competition by Manufacturers
- 6.1 Global Sandalwood Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 6.1.1 Global Sandalwood Market Sales by Key Manufacturers (2021-2025)
- 6.1.2 Global Sandalwood Market Revenue by Key Manufacturers (2021-2025)
- 6.1.3 Global Sandalwood Average Sales Price by Manufacturers (2021-2025)
- 6.2 Sandalwood Competitive Landscape Analysis and Market Dynamic
- 6.2.1 Sandalwood Competitive Landscape Analysis
- 6.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 6.2.3 Market Dynamic
- 7 Sandalwood Market Analysis by Type
- 7.1 Global Sandalwood Market Revenue Analysis by Type
- 7.1.1 Global Sandalwood Market Size Analysis by Type: 2024 & 2025 & 2032
- 7.1.2 Global Sandalwood Revenue and Forecast Analysis by Type (2020-2032)
- 7.2 Global Sandalwood Market Sales and Forecast Analysis by Type (2020-2032)
- 7.3 Global Sandalwood Sales Price Trend Analysis by Type (2020-2032)
- 8 Key Companies Analysis
- 8.1 Quintis
- 8.1.1 Quintis Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.1.2 Quintis Sandalwood Product Portfolio
- 8.1.3 Quintis Sandalwood Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.2 FPC
- 8.2.1 FPC Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.2.2 FPC Sandalwood Product Portfolio
- 8.2.3 FPC Sandalwood Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.3 WA Sandalwood Plantations
- 8.3.1 WA Sandalwood Plantations Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.3.2 WA Sandalwood Plantations Sandalwood Product Portfolio
- 8.3.3 WA Sandalwood Plantations Sandalwood Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.4 Australian Sandalwood
- 8.4.1 Australian Sandalwood Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.4.2 Australian Sandalwood Sandalwood Product Portfolio
- 8.4.3 Australian Sandalwood Sandalwood Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.5 Santanol Group
- 8.5.1 Santanol Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.5.2 Santanol Group Sandalwood Product Portfolio
- 8.5.3 Santanol Group Sandalwood Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.6 KS&DL
- 8.6.1 KS&DL Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.6.2 KS&DL Sandalwood Product Portfolio
- 8.6.3 KS&DL Sandalwood Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.7 Sandalwood Forest
- 8.7.1 Sandalwood Forest Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.7.2 Sandalwood Forest Sandalwood Product Portfolio
- 8.7.3 Sandalwood Forest Sandalwood Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 9 Industry Chain Analysis
- 9.1 Sandalwood Industry Chain Analysis
- 9.2 Sandalwood Industry Upstream Supply Analysis
- 9.2.1 Upstream Key Raw Material Supply Analysis
- 9.2.2 Raw Material Suppliers and Contact Information
- 9.3 Sandalwood Product Downstream Application Analysis
- 9.3.1 Global Sandalwood Revenue Market Size by Application: 2024 VS 2025 VS 2032
- 9.3.2 Global Sandalwood Revenue and Forecast Analysis by Application (2020-2032)
- 9.3.3 Global Sandalwood Sales and Forecast Analysis by Application (2020-2032)
- 9.4 Sandalwood Typical Downstream Customers
- 9.5 Sandalwood Sales Channel Analysis
- 10 Research Findings and Conclusion
- 11 Methodology and Data Source
- 11.1 Methodology/Research Approach
- 11.2 Research Scope
- 11.3 Benchmarks and Assumptions
- 11.4 Date Source
- 11.4.1 Primary Sources
- 11.4.2 Secondary Sources
- 11.5 Data Cross Validation
Pricing
Currency Rates
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