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. Sandalwood oil 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.
Global Sandalwood Extract market size will increase to xx Million US$ by 2026, from xx Million US$ in 2020, at a CAGR of xx% during the forecast period. In this study, 2020 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Sandalwood Extract.
This report covers the present status and the future prospects of the global Sandalwood Extract market for 2015-2026.
The report offers detailed coverage of Sandalwood Extract industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Sandalwood Extract by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
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)
Market Segment as follows:
Market by Order Type
Sandalwood Oil
Santalol
Sandalwood Extract Breakdown Data by Application
Cosmetics(Perfumes)
Pharmaceuticals
Aromatherapy
Others
Sandalwood Extract Production market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Sandalwood Extract market for the forecast period 2021 - 2026?
• What are the driving forces in the Sandalwood Extract market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Sandalwood Extract industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.