"Reaching New Heights: Maximize Market Research Pvt Ltd's Insights into the Sandalwood Oil Market"
Anticipated Growth in Revenue:
The Sandalwood Oil Market size was valued at US$ 110.34 Mn. in 2020 and the total revenue is expected to grow at 6.99% through 2021 to 2027, reaching nearly US$ 165.5 Mn.
Sandalwood Oil Market Overview
Sandalwood Oil Market Scope and Methodology:
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Type segment with the quickest growth :
The market for sandalwood oil is divided into two categories: natural and lab-created. With a market share of 70% in 2021, natural sandalwood oil leads the sandalwood oil market. It is anticipated to grow at a very high compound annual growth rate (CAGR) and capture more market share during the forecast period as demand for eco-friendly and natural products grows globally, particularly when personal and health care are involved. Furthermore, when utilised in cosmetic or pharmaceutical applications, natural sandalwood oil is less expensive to produce and has fewer negative effects than lab-created sandalwood oil. In 2021, the market share held by Lab created is expected to reach 30%.
Sandalwood Oil Market Segmentation: The Art of Unveilingby Module
by Type
• Natural
• Lab Created
by Application
• Personal Care
• Pharmaceutical
• Aromatherapy
Sandalwood Oil Market Key Players :
• Albert Vieille SAS
• Doterra International LLC
• Eden botanicals
• Santanol Group
• Plant Therapy Essential Oils
• Aditi Essentials
• Haldin International
• Iangyin Healthway
• Kanta Enterprises
• PerfumersWorld Ltd.
• Ancient Healer
• Khadi Natural
• Vedic Vaani
• Cliara Essential Oils
• Sallamander Concepts Pty Ltd
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Sandalwood Oil Market Regional Insights
Key Questions answered in the Sandalwood Oil Market Report are:
- What are the Sandalwood Oil Market segments?
- Which Sandalwood Oil market segment is expected to grow rapidly during the forecast period?
- What is the expected CAGR of the Sandalwood Oil market during the forecast period?
- Who are the top players in the Sandalwood Oil industry?
- Which region is expected to grow at a high CAGR during the forecast period?
Key Offerings:
- Market Overview
- Market Share
- Market Size
- Forecast by Revenue | −2027
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments, sub-segments and region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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