The report published on global Sandalwood Oil Market is an extensive analysis of the market with a panoramic overview of the industry with regards to market size, market share, revenue growth, opportunities, drivers, restraints. The Sandalwood Oil Market offers precise market scenario crucial real-time information about the developments and advancements in the market to help readers, stakeholders, and investors capitalize on the emerging opportunities. In addition, regional analysis and competitive landscape are covered in the report to offer clear picture of the market growth. Development policies and plans along with manufacturing processes and costs structures are covered in the report.
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The global sandalwood oil market size was significantly robust in 2020 and is expected to register a steady revenue CAGR over the forecast period. Factors driving market revenue growth are increasing awareness about beauty and skin care, rising disposable income, and rapid urbanization. In Asian countries, sandalwood oil is utilized in aromatherapy, which is strengthening the industry. Spas and massage clinics are another sector where demand for oil is rising steadily.
Sandalwood oil is a fragrant essential oil extracted from wood and roots of sandalwood tree. Sandalwood oil is used in a variety of personal care products, including creams, soaps, face washes, body washes, perfumes, and more. This oil is also utilized in a variety of commercial consumer products, including air fresheners, incense sticks, detergents, and other household items.
Major Companies:
- Khadi Natural
- PerfumersWorld
- Eden Botanicals
- Aroma Magic
- Ancient Healer
- Plant Therapy Essential Oils
- Santanol
- Vedic Vaani
- Kanta Enterprises Private Limited
- CLIARA ESSENTIAL OILS
The COVID-19 impact Analysis: The growing COVID-19 pandemic has led to the weakening demand for coatings in electronics, automotive, construction, and white goods. The market has the capacity to bounce back, but it completely depends on the duration of the lockdown, and also the impact of the virus on the economy. Even though the overall demand of the market is falling, the demand for Sandalwood Oil is expected to rise in the coming years.
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Type Outlook:
- East Indian Sandalwood oil
- New Caledonian Sandalwood oil
- Australian Sandalwood oil
- Others
Application Outlook:
- Cosmetics Personal Care
- Pharmaceuticals
- Aromatherapy
- Household/Retail
- Others
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Regional Outlook
For comprehensive understanding of market dynamics, the global Sandalwood Oil Market is analysed across key geographies namely: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). Each of these regions is analysed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of the Sandalwood Oil Market
– Changes in industry market dynamics
– Detailed market segmentation by type, application, etc.
– Historical, current and projected market size in terms of quantity and value
– Recent industry trends and developments
– Competition situation of Sandalwood Oil Market
– Key companies and product strategies
– Potential niche segment/region showing promising growth.
Finally, the Sandalwood Oil Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.
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