Sandalwood Extract Market

Sandalwood is a class of woods from trees in the genus Santalum. The woods are heavy, yellow, and fine-grained, and unlike many other aromatic woods, they retain their fragrance for decades. Indian Sandalwood Oil (Santalum Album) is extracted from the woods for use. Sandalwood is the second most expensive wood in the world, after African blackwood. Both the wood and the oil produce a distinctive fragrance that has been highly valued for centuries. Consequently, species of these slow-growing trees have suffered over-harvesting in the past century.
Sandalwood Extract Market contains market size and forecasts of Sandalwood Extract in global, including the following market information:
Global Sandalwood Extract Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Sandalwood Extract Market Sales, 2017-2022, 2023-2028, (Kg)
Global top five Sandalwood Extract companies in 2021 (%)
The global Sandalwood Extract market was valued at 118.3 million in 2021 and is projected to reach US$ 147.1 million by 2028, at a CAGR of 3.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
East Indian Sandalwood Oil Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Sandalwood Extract include Quintis (TFS Corporation), Mercer(Santanol Group), KS&DL (Karnataka Soaps & Detergents Limited), Meena Perfumery, RK-Essential Oils Company, Naresh International, Katyani Exports, Essentially Australia and Sandalwood Forest (Qingyuan), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Sandalwood Extract manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Sandalwood Extract Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kg)
Global Sandalwood Extract Market Segment Percentages, by Type, 2021 (%)
East Indian Sandalwood Oil
Australian Sandalwood Oil
Global Sandalwood Extract Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kg)
Global Sandalwood Extract Market Segment Percentages, by Application, 2021 (%)
Personal Care
Aromatherapy
Pharmaceuticals
Others
Global Sandalwood Extract Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kg)
Global Sandalwood Extract Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Sandalwood Extract revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Sandalwood Extract revenues share in global market, 2021 (%)
Key companies Sandalwood Extract sales in global market, 2017-2022 (Estimated), (Kg)
Key companies Sandalwood Extract sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Quintis (TFS Corporation)
Mercer(Santanol Group)
KS&DL (Karnataka Soaps & Detergents Limited)
Meena Perfumery
RK-Essential Oils Company
Naresh International
Katyani Exports
Essentially Australia
Sandalwood Forest (Qingyuan)
Jiangxi Jishui Natural Essential oil Factory
Jinagxi Xuesong