Global Sandalwood Oil Market 2025-2029

Sandalwood Oil Market 2025-2029

The sandalwood oil market is forecasted to grow by USD 746.2 million during 2024-2029, accelerating at a CAGR of 7.4% during the forecast period. The report on the sandalwood oil market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by numerous health benefits offered by sandalwood oil, increasing prominence of private-label brands for sandalwood oil, and growth of organized retail sector.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's sandalwood oil market is segmented as below:

By Type

  • Indian sandalwood oil
  • Australian sandalwood oil
  • Others
By Product
  • Natural
  • LAB created
By Application
  • Cosmetics and personal care
  • Pharmaceuticals
  • Aromatherapy
  • Household or retail
By Geographical Landscape
  • APAC
  • North America
  • Europe
  • South America
  • Middle East and Africa
This study identifies the rising demand for aromatherapy as one of the prime reasons driving the sandalwood oil market growth during the next few years. Also, growing prominence for online retailing and increasing applications of sandalwood oil will lead to sizable demand in the market.

The report on the sandalwood oil market covers the following areas:
  • Sandalwood Oil Market sizing
  • Sandalwood Oil Market forecast
  • Sandalwood Oil Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading sandalwood oil market vendors that include Aditi Essentials, Avi Naturals, BASF SE, Blossom Kochhar Beauty Products Pvt. Ltd., Cliara Essential Oils, doTERRA International LLC, Eden Botanicals, Essentially Australia, Givaudan SA, Kanta Enterprises Pvt. Ltd., Karnataka Soaps and Detergents, Katyani Exports, Khadi Natural, MEENA PERFUMERY, PerfumersWorld Ltd., Plant Therapy, Quintis (Australia) Pty Ltd., R. K. Essential Oils Co., Santanol Group, and Vedic Vaani. Also, the sandalwood oil market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Data Table on Incremental Growth
  • Technavio Analysis
    • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
    • Criticality of inputs and Factors of differentiation
    • Factors of disruption
    • Impact of drivers and challenges
  • Market Landscape
    • Market ecosystem
      • Table Data Table on - Parent Market
    • Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2024
    • Market outlook: Forecast for 2024-2029
      • Table Data Table on Global - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Global Market: Year-over-year growth 2024-2029 (%)
  • Historic Market Size
    • Global Sandalwood Oil Market 2019 - 2023
      • Table Historic Market Size - Data Table on Global Sandalwood Oil Market 2019 - 2023 ($ million)
    • Type segment analysis 2019 - 2023
    • Product segment analysis 2019 - 2023
    • Application segment analysis 2019 - 2023
    • Geography segment analysis 2019 - 2023
    • Country segment analysis 2019 - 2023
  • Qualitative Analysis
    • The AI impact on global sandalwood oil market
  • Five Forces Analysis
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
  • Market Segmentation by Type
    • Market segments
      • Table Data Table on Type - Market share 2024-2029 (%)
    • Comparison by Type
      • Table Data Table on Comparison by Type
    • Indian sandalwood oil - Market size and forecast 2024-2029
      • Table Data Table on Indian sandalwood oil - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Indian sandalwood oil - Year-over-year growth 2024-2029 (%)
    • Australian sandalwood oil - Market size and forecast 2024-2029
      • Table Data Table on Australian sandalwood oil - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Australian sandalwood oil - Year-over-year growth 2024-2029 (%)
    • Others - Market size and forecast 2024-2029
      • Table Data Table on Others - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Others - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Type
      • Table Data Table on Market opportunity by Type ($ million)
  • Market Segmentation by Product
    • Market segments
      • Table Data Table on Product - Market share 2024-2029 (%)
    • Comparison by Product
      • Table Data Table on Comparison by Product
    • Natural - Market size and forecast 2024-2029
      • Table Data Table on Natural - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Natural - Year-over-year growth 2024-2029 (%)
    • Lab created - Market size and forecast 2024-2029
      • Table Data Table on Lab created - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Lab created - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Product
      • Table Data Table on Market opportunity by Product ($ million)
  • Market Segmentation by Application
    • Market segments
      • Table Data Table on Application - Market share 2024-2029 (%)
    • Comparison by Application
      • Table Data Table on Comparison by Application
    • Cosmetics and personal care - Market size and forecast 2024-2029
      • Table Data Table on Cosmetics and personal care - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Cosmetics and personal care - Year-over-year growth 2024-2029 (%)
    • Pharmaceuticals - Market size and forecast 2024-2029
      • Table Data Table on Pharmaceuticals - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Pharmaceuticals - Year-over-year growth 2024-2029 (%)
    • Aromatherapy - Market size and forecast 2024-2029
      • Table Data Table on Aromatherapy - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Aromatherapy - Year-over-year growth 2024-2029 (%)
    • Household or retail - Market size and forecast 2024-2029
      • Table Data Table on Household or retail - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Household or retail - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Application
      • Table Data Table on Market opportunity by Application ($ million)
  • Customer Landscape
    • Customer landscape overview
  • Geographic Landscape
    • Geographic segmentation
      • Table Data Table on Market share by geography 2024-2029 (%)
    • Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2024-2029
      • Table Data Table on APAC - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on APAC - Year-over-year growth 2024-2029 (%)
    • North America - Market size and forecast 2024-2029
      • Table Data Table on North America - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on North America - Year-over-year growth 2024-2029 (%)
    • Europe - Market size and forecast 2024-2029
      • Table Data Table on Europe - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Europe - Year-over-year growth 2024-2029 (%)
    • South America - Market size and forecast 2024-2029
      • Table Data Table on South America - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on South America - Year-over-year growth 2024-2029 (%)
    • Middle East and Africa - Market size and forecast 2024-2029
      • Table Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
    • China - Market size and forecast 2024-2029
      • Table Data Table on China - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on China - Year-over-year growth 2024-2029 (%)
    • US - Market size and forecast 2024-2029
      • Table Data Table on US - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on US - Year-over-year growth 2024-2029 (%)
    • India - Market size and forecast 2024-2029
      • Table Data Table on India - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on India - Year-over-year growth 2024-2029 (%)
    • Australia - Market size and forecast 2024-2029
      • Table Data Table on Australia - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Australia - Year-over-year growth 2024-2029 (%)
    • Japan - Market size and forecast 2024-2029
      • Table Data Table on Japan - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Japan - Year-over-year growth 2024-2029 (%)
    • South Korea - Market size and forecast 2024-2029
      • Table Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on South Korea - Year-over-year growth 2024-2029 (%)
    • Canada - Market size and forecast 2024-2029
      • Table Data Table on Canada - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Canada - Year-over-year growth 2024-2029 (%)
    • France - Market size and forecast 2024-2029
      • Table Data Table on France - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on France - Year-over-year growth 2024-2029 (%)
    • Brazil - Market size and forecast 2024-2029
      • Table Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Brazil - Year-over-year growth 2024-2029 (%)
    • Germany - Market size and forecast 2024-2029
      • Table Data Table on Germany - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Germany - Year-over-year growth 2024-2029 (%)
    • Market opportunity by geography
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Opportunity/Restraints
    • Market drivers
      • Numerous health benefits offered by sandalwood oil
      • Increasing prominence of private-label brands for sandalwood oil
      • Growth of organized retail sector
    • Market challenges
      • High price of sandalwood
      • Production constraints and high dependence of sandalwood oil production on APAC
      • Stringent government regulations on procurement and harvesting of sandalwood
    • Impact of drivers and challenges
    • Market opportunities/restraints
      • Rising demand for aromatherapy
      • Growing prominence for online retailing
      • Increasing applications of sandalwood oil
  • Competitive Landscape
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
  • Competitive Analysis
    • Companies profiled
    • Company ranking index
    • Market positioning of companies
    • Avi Naturals
    • BASF SE
    • Blossom Kochhar Beauty Products Pvt. Ltd.
    • doTERRA International LLC
    • Eden Botanicals
    • Essentially Australia
    • Givaudan SA
    • Karnataka Soaps and Detergents
    • Katyani Exports
    • Khadi Natural
    • MEENA PERFUMERY
    • Plant Therapy
    • Quintis (Australia) Pty Ltd.
    • R. K. Essential Oils Co.
    • Santanol Group
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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