Global Sandalwood Oil Market

Global Sandalwood Oil Market Overview

• The Global Sandalwood Oil Market was valued at approximately USD 126.30 million in 2023 and is projected to reach USD 248.45 million by 2033, growing at a CAGR of 6.99% during the forecast period from 2023 to 2033.
• The global business that produces, distributes, and uses sandalwood oil an essential oil that is produced from the heartwood of sandalwood trees, mainly Santalum album (Indian sandalwood) and Santalum spicatum (Australian sandalwood) is known as the sandalwood oil market.
• Sandalwood oil's numerous benefits and increased disposable money are the main factors driving the market's expansion. This growth is driven by increasing demand in personal care, aromatherapy, and pharmaceutical applications.
• The emphasis on natural and eco-friendly products continues to support market expansion. ?

Major vendors in the Global Sandalwood Oil Market

Albert Vieille SAS, Doterra International, Eden Botanicals, Santanol Group, Plant Therapy Essential Oils, and Khadi Natural.?

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Decision Advisor has segmented the Sandalwood Oil market based on the segments mentioned below:?

Global Sandalwood Oil Market, By Type 

• Natural
• Lab-Created

Global Sandalwood Oil Market, By Application 

• Personal Care
• Technavio Reports
• Aromatherapy
• Pharmaceuticals?
• Others

Global Sandalwood Oil Market, By Regional Analysis 

North America 

• U.S.
• Canada
• Mexico

Europe 

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific 

• China
• Japan
• India
• South Korea
• Australia
• Rest of Asia Pacific

South America 

• Brazil
• Argentina
• Rest of South America

Middle East & Africa 

• UAE
• Saudi Arabia
• Qatar
• South Africa
• Rest of the Middle East & Africa