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Global Sandalwood Oil Market 2018-2022

Global Sandalwood Oil Market 2018-2022

About Sandalwood Oil

Sandalwood oil is an essential oil extracted from a small tropical tree known as Santalum album. It is usually available in a pale yellow or golden yellow color and has a woody floral fragrance.

Technavio’s analysts forecast the global sandalwood oil market to grow at a CAGR of 10.03% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global sandalwood oil market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Sandalwood Oil Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Karnataka Soaps & Detergents Limited
  • Katyani Exports
  • NARESH INTERNATIONAL
  • Quintis
  • R K - Essential Oils Company
  • Santanol
Market driver
  • Numerous benefits offered by sandalwood oil
  • For a full, detailed list, view our report
Market challenge
  • High price of sandalwood
  • For a full, detailed list, view our report
Market trend
  • Rising demand for aromatherapy
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Sandalwood Oil Market 2018-2022

Technavio recognizes the following companies as the key players in the global sandalwood oil market: Karnataka Soaps & Detergents Limited, Katyani Exports, NARESH INTERNATIONAL, Quintis, R K - Essential Oils Company, and Santanol.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is rising demand for aromatherapy. Several holistic beauty experts endorse the therapeutic effects of sandalwood oil on the skin. It is suitable for all skin types and is one of the most popular essential oils used in aromatherapy. Pure sandalwood oil can be used as a carrier oil in aromatherapy or massage therapy.”

According to the report, one driver in the market is numerous benefits offered by sandalwood oil. Sandalwood oil exhibits antiseptic, anti-inflammatory, diuretic, antispasmodic, and cicatrisant properties. It is used as an astringent, carminative, disinfectant, and emollient. In addition, it works as an expectorant, hypotensive agent, memory booster, and sedative.

Further, the report states that one challenge in the market is high price of sandalwood. Sandalwood products are exorbitantly priced because of the significant decrease in the production of sandalwood in the past two decades. It is one of the expensive essential oils and involves a complex production process. Mature sandalwood trees are cut down to extract sandalwood oil.

Companies Mentioned

Karnataka Soaps & Detergents Limited, Katyani Exports, NARESH INTERNATIONAL, Quintis, R K - Essential Oils Company, and Santanol.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Segments of the parent market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global sandalwood oil market 2017-2022 ($ millions)
      • Table Global sandalwood oil market- Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product type
    • Segmentation by product type
      • Table Product type - Market share 2017-2022 (% share of revenue)
    • Comparison by product type
      • Table Comparison by product type
    • Indian sandalwood oil- Market size and forecast 2017-2022
      • Table Indian sandalwood oil - Market size and forecast 2017-2022 ($ millions)
      • Table Indian sandalwood oil- Year-over-year growth 2018-2022 (%)
    • Australian sandalwood oil- Market size and forecast 2017-2022
      • Table Australian sandalwood oil- Market size and forecast 2017-2022 ($ millions)
      • Table Australian sandalwood oil- Year-over-year growth 2018-2022 (%)
    • Others - Market size and forecast 2017-2022
      • Table Others- Market size and forecast 2017-2022 ($ millions)
      • Table Others- Year-over-year growth 2018-2022 (%)
    • Market opportunity by product type
      • Table Market opportunity by product type
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global sandalwood oil market by geography 2017-2022 (% share of revenue)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ millions)
      • Table APAC - Year-over-year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ millions)
      • Table Americas - Year-over-year growth 2018-2022 (%)
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ millions)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • India
    • US
    • China
    • France
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Rising demand for aromatherapy
    • Growing preference for online shopping
    • Increasing applications of sandalwood oil
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Karnataka Soaps & Detergents Limited
      • Table Vendor overview
      • Table Karnataka Soaps & Detergents Limited- Organizational developments
      • Table Karnataka Soaps & Detergents Limited- Geographic focus
      • Table Karnataka Soaps & Detergents - Key offerings
      • Table Karnataka Soaps & Detergents Limited - Key customers
    • Katyani Exports
      • Table Vendor overview
      • Table Katyani Exports - Organizational developments
      • Table Katyani Exports - Geographic focus
      • Table Katyani Exports - Key offerings
      • Table Katyani Exports - Key customers
    • NARESH INTERNATIONAL
      • Table Vendor overview
      • Table NARESH INTERNATIONAL - Organizational developments
      • Table NARESH INTERNATIONAL - Geographic focus
      • Table NARESH INTERNATIONAL - Key offerings
      • Table NARESH INTERNATIONAL - Key customers
    • Quintis
      • Table Vendor overview
      • Table Quintis - Business segments
      • Table Quintis - Organizational developments
      • Table Quintis - Geographic focus
      • Table Quintis - Segment focus
      • Table Quintis- Key customers
    • R K - Essential Oils Company
      • Table Vendor overview
      • Table R K - Essential Oils Company - Organizational developments
      • Table R K - Essential Oils Company - Geographic focus
      • Table R K - Essential Oils Company - Key offerings
      • Table R K - Essential Oils Company - Key customers
    • Santanol
      • Table Vendor overview
      • Table Santanol - Organizational developments
      • Table Santanol - Geographic focus
      • Table Santanol - Key offerings
      • Table Santanol - Key customers
  • Appendix
    • List of abbreviations
  • Explore Technavio

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