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Global Sandalwood Oil Market 2019 Industry Research Report

Sandalwood, of the genus Santalum, is a genus of woody flowering trees and plants. Most species are semi-parasitic and several produce a highly aromatic wood. The most common species are Indian sandalwood (Santalum album) and Australian sandalwood (Santalum spicatum), although other species are used for their scent as well. The global sandalwood oil concentration rate is relatively low; the manufacturers are mainly distributed in eastern Indian Ocean and the Pacific Ocean, like Australia, India, Indonesia, Sri Lanka, Malaysia, China and Hawaii etc. Australia and India are dominating the global sandalwood oil market. In Australia, is the largest producer of sandalwood oil, the market is dominated by few players like Quintis (former TFS Corporation), Santanol Group and Essentially Australia. Quintis now is the largest producer of sandalwood oil in the world, cultivates and manages huge santalum album trees in Australia, supplies sandalwood oil for the perfume and pharmaceutical use. Quintis?s customer include Galderma, Lush Cosmetics, Young Living, Santalis Pharmaceuticals and Estee Lauder etc. India is the second producer of sandalwood oil, the market concentration rate is low, most of the players are small, and the top players include Karnataka Soaps & Detergents Limited (KS&DL), RK-Essential Oils Company, Meena Perfumery, Katyani Exports and Naresh International etc. In China, there are only several producer located in Jiangxi and Guangdong province, like Sandalwood Forest (cultivate Indian sandalwood in Guangdong), Jinagxi Xuesong and Jiangxi Jishui etc. low-yielding and low quality. In terms of consumption of sandalwood oil, North America, Europe and India are dominating the consumption market, the sandalwood oils are mainly used in personal care products, cosmetics, perfumes, aromatherapy, Pharmaceuticals and other applications like mosquito coils and incense etc. This industry is easily affected by the development of the sandalwood. The natural sandalwood trees are decreasing due to illegal felling and procurement of the wood. It will have to rely on the artificial cultivation in the future. And it is possible that the sandalwood oil price will keep a weak down trend in the future, thanks to the strong demand and the success of the artificial cultivation. So it?s important to put an eye to the development of natural and artificial cultivation sandalwood, especially large production country, like Australia, India and , Indonesia and the Pacific Islands. Global Sandalwood Oil market size will increase to 170 Million US$ by 2025, from 78 Million US$ in 2018, at a CAGR of 10.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Sandalwood Oil. This report researches the worldwide Sandalwood Oil market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions. This study categorizes the global Sandalwood Oil breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The following manufacturers are covered in this report: Quintis (TFS Corporation)(Australia) Santanol Group (Australia) RK-Essential Oils Company (India) Meena Perfumery (India) Naresh International (India) Essentially Australia (Australia) Katyani Exports (India) KS&DL (Karnataka Soaps & Detergents Limited)(India) Sandalwood Forest (Qingyuan) (China) Jiangxi Jishui Natural Essential oil Factory (China) Jinagxi Xuesong (China) Sandalwood Oil Breakdown Data by Type Indian Sandalwood Oil Australian Sandalwood Oil Sandalwood Oil Breakdown Data by Application Cosmetics(Perfumes) Pharmaceuticals Aromatherapy Others Sandalwood Oil Production Breakdown Data by Region United States Europe China Japan Other Regions Sandalwood Oil Consumption Breakdown Data by Region North America United States Canada Mexico Asia-Pacific China India Japan South Korea Australia Indonesia Malaysia Philippines Thailand Vietnam Europe Germany France UK Italy Russia Rest of Europe Central & South America Brazil Rest of South America Middle East & Africa GCC Countries Turkey Egypt South Africa Rest of Middle East & Africa The study objectives are: To analyze and research the global Sandalwood Oil capacity, production, value, consumption, status and forecast; To focus on the key Sandalwood Oil manufacturers and study the capacity, production, value, market share and development plans in next few years. To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis. To define, describe and forecast the market by type, application and region. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks. To identify significant trends and factors driving or inhibiting the market growth. To analyze the opportunities in the market for stakeholders by identifying the high growth segments. To strategically analyze each submarket with respect to individual growth trend and their contribution to the market. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. To strategically profile the key players and comprehensively analyze their growth strategies. In this study, the years considered to estimate the market size of Sandalwood Oil : History Year: 2014-2018 Base Year: 2018 Estimated Year: 2019 Forecast Year 2019 to 2025 For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents Global Sandalwood Oil Market Research Report 2019-2025, by Manufacturers, Regions, Types and Applications 1 Study Coverage 1.1 Sandalwood Oil Product 1.2 Key Market Segments in This Study 1.3 Key Manufacturers Covered 1.4 Market by Type 1.4.1 Global Sandalwood Oil Market Size Growth Rate by Type 1.4.2 Indian Sandalwood Oil 1.4.3
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About this Report
Report ID 338928
Category
  • Chemicals and Materials
Published on 14-Feb
Number of Pages 116
Publisher Name QY Research
Editor Rating
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