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Global Sandalwood Extract Market Research Report 2024
Synopsis
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.
The global Sandalwood Extract market was valued at US$ 115 million in 2023 and is anticipated to reach US$ 144.7 million by 2030, witnessing a CAGR of 3.3% during the forecast period 2024-2030.
Global Sandalwood Extract key players include Quintis (former TFS Corporation), Santanol Group, KS&DL (Karnataka Soaps & Detergents Limited), Meena Perfumery, RK-Essential Oils Company, etc. Global top five manufacturers hold a share over 65%.
Australia is the largest market, with a share about 65%, followed by India and Indonesia, both have a share about 30 percent.In terms of product, East Indian Sandalwood Oil is the largest segment, with a share about 85%. And in terms of application, the largest application is Personal Care, followed by Aromatherapy, Pharmaceuticals, etc.
This report aims to provide a comprehensive presentation of the global market for Sandalwood Extract, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Sandalwood Extract.
Report Scope
The Sandalwood Extract market size, estimations, and forecasts are provided in terms of output/shipments (Kg) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Sandalwood Extract market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Sandalwood Extract manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
East Indian Sandalwood Oil
Australian Sandalwood Oil
Segment by Application
Personal Care
Aromatherapy
Pharmaceuticals
Others
Production by Region
North America
Europe
Australia
India
China
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Sandalwood Extract manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Sandalwood Extract by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Sandalwood Extract in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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.
The global Sandalwood Extract market was valued at US$ 115 million in 2023 and is anticipated to reach US$ 144.7 million by 2030, witnessing a CAGR of 3.3% during the forecast period 2024-2030.
Global Sandalwood Extract key players include Quintis (former TFS Corporation), Santanol Group, KS&DL (Karnataka Soaps & Detergents Limited), Meena Perfumery, RK-Essential Oils Company, etc. Global top five manufacturers hold a share over 65%.
Australia is the largest market, with a share about 65%, followed by India and Indonesia, both have a share about 30 percent.In terms of product, East Indian Sandalwood Oil is the largest segment, with a share about 85%. And in terms of application, the largest application is Personal Care, followed by Aromatherapy, Pharmaceuticals, etc.
This report aims to provide a comprehensive presentation of the global market for Sandalwood Extract, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Sandalwood Extract.
Report Scope
The Sandalwood Extract market size, estimations, and forecasts are provided in terms of output/shipments (Kg) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Sandalwood Extract market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Sandalwood Extract manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
East Indian Sandalwood Oil
Australian Sandalwood Oil
Segment by Application
Personal Care
Aromatherapy
Pharmaceuticals
Others
Production by Region
North America
Europe
Australia
India
China
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Sandalwood Extract manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Sandalwood Extract by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Sandalwood Extract in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Sandalwood Extract Market Overview
1.1 Product Definition
1.2 Sandalwood Extract Segment by Type
1.2.1 Global Sandalwood Extract Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 East Indian Sandalwood Oil
1.2.3 Australian Sandalwood Oil
1.3 Sandalwood Extract Segment by Application
1.3.1 Global Sandalwood Extract Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Personal Care
1.3.3 Aromatherapy
1.3.4 Pharmaceuticals
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Sandalwood Extract Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Sandalwood Extract Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Sandalwood Extract Production Estimates and Forecasts (2019-2030)
1.4.4 Global Sandalwood Extract Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Sandalwood Extract Production Market Share by Manufacturers (2019-2024)
2.2 Global Sandalwood Extract Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Sandalwood Extract, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Sandalwood Extract Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Sandalwood Extract Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Sandalwood Extract, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Sandalwood Extract, Product Offered and Application
2.8 Global Key Manufacturers of Sandalwood Extract, Date of Enter into This Industry
2.9 Sandalwood Extract Market Competitive Situation and Trends
2.9.1 Sandalwood Extract Market Concentration Rate
2.9.2 Global 5 and 10 Largest Sandalwood Extract Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Sandalwood Extract Production by Region
3.1 Global Sandalwood Extract Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Sandalwood Extract Production Value by Region (2019-2030)
3.2.1 Global Sandalwood Extract Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Sandalwood Extract by Region (2025-2030)
3.3 Global Sandalwood Extract Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Sandalwood Extract Production by Region (2019-2030)
3.4.1 Global Sandalwood Extract Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Sandalwood Extract by Region (2025-2030)
3.5 Global Sandalwood Extract Market Price Analysis by Region (2019-2024)
3.6 Global Sandalwood Extract Production and Value, Year-over-Year Growth
3.6.1 North America Sandalwood Extract Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Sandalwood Extract Production Value Estimates and Forecasts (2019-2030)
3.6.3 Australia Sandalwood Extract Production Value Estimates and Forecasts (2019-2030)
3.6.4 India Sandalwood Extract Production Value Estimates and Forecasts (2019-2030)
3.6.5 China Sandalwood Extract Production Value Estimates and Forecasts (2019-2030)
4 Sandalwood Extract Consumption by Region
4.1 Global Sandalwood Extract Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Sandalwood Extract Consumption by Region (2019-2030)
4.2.1 Global Sandalwood Extract Consumption by Region (2019-2024)
4.2.2 Global Sandalwood Extract Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Sandalwood Extract Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Sandalwood Extract Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Sandalwood Extract Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Sandalwood Extract Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Sandalwood Extract Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Sandalwood Extract Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Sandalwood Extract Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Sandalwood Extract Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Sandalwood Extract Production by Type (2019-2030)
5.1.1 Global Sandalwood Extract Production by Type (2019-2024)
5.1.2 Global Sandalwood Extract Production by Type (2025-2030)
5.1.3 Global Sandalwood Extract Production Market Share by Type (2019-2030)
5.2 Global Sandalwood Extract Production Value by Type (2019-2030)
5.2.1 Global Sandalwood Extract Production Value by Type (2019-2024)
5.2.2 Global Sandalwood Extract Production Value by Type (2025-2030)
5.2.3 Global Sandalwood Extract Production Value Market Share by Type (2019-2030)
5.3 Global Sandalwood Extract Price by Type (2019-2030)
6 Segment by Application
6.1 Global Sandalwood Extract Production by Application (2019-2030)
6.1.1 Global Sandalwood Extract Production by Application (2019-2024)
6.1.2 Global Sandalwood Extract Production by Application (2025-2030)
6.1.3 Global Sandalwood Extract Production Market Share by Application (2019-2030)
6.2 Global Sandalwood Extract Production Value by Application (2019-2030)
6.2.1 Global Sandalwood Extract Production Value by Application (2019-2024)
6.2.2 Global Sandalwood Extract Production Value by Application (2025-2030)
6.2.3 Global Sandalwood Extract Production Value Market Share by Application (2019-2030)
6.3 Global Sandalwood Extract Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Quintis (TFS Corporation)
7.1.1 Quintis (TFS Corporation) Sandalwood Extract Corporation Information
7.1.2 Quintis (TFS Corporation) Sandalwood Extract Product Portfolio
7.1.3 Quintis (TFS Corporation) Sandalwood Extract Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Quintis (TFS Corporation) Main Business and Markets Served
7.1.5 Quintis (TFS Corporation) Recent Developments/Updates
7.2 Mercer(Santanol Group)
7.2.1 Mercer(Santanol Group) Sandalwood Extract Corporation Information
7.2.2 Mercer(Santanol Group) Sandalwood Extract Product Portfolio
7.2.3 Mercer(Santanol Group) Sandalwood Extract Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Mercer(Santanol Group) Main Business and Markets Served
7.2.5 Mercer(Santanol Group) Recent Developments/Updates
7.3 KS&DL (Karnataka Soaps & Detergents Limited)
7.3.1 KS&DL (Karnataka Soaps & Detergents Limited) Sandalwood Extract Corporation Information
7.3.2 KS&DL (Karnataka Soaps & Detergents Limited) Sandalwood Extract Product Portfolio
7.3.3 KS&DL (Karnataka Soaps & Detergents Limited) Sandalwood Extract Production, Value, Price and Gross Margin (2019-2024)
7.3.4 KS&DL (Karnataka Soaps & Detergents Limited) Main Business and Markets Served
7.3.5 KS&DL (Karnataka Soaps & Detergents Limited) Recent Developments/Updates
7.4 Meena Perfumery
7.4.1 Meena Perfumery Sandalwood Extract Corporation Information
7.4.2 Meena Perfumery Sandalwood Extract Product Portfolio
7.4.3 Meena Perfumery Sandalwood Extract Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Meena Perfumery Main Business and Markets Served
7.4.5 Meena Perfumery Recent Developments/Updates
7.5 RK-Essential Oils Company
7.5.1 RK-Essential Oils Company Sandalwood Extract Corporation Information
7.5.2 RK-Essential Oils Company Sandalwood Extract Product Portfolio
7.5.3 RK-Essential Oils Company Sandalwood Extract Production, Value, Price and Gross Margin (2019-2024)
7.5.4 RK-Essential Oils Company Main Business and Markets Served
7.5.5 RK-Essential Oils Company Recent Developments/Updates
7.6 Naresh International
7.6.1 Naresh International Sandalwood Extract Corporation Information
7.6.2 Naresh International Sandalwood Extract Product Portfolio
7.6.3 Naresh International Sandalwood Extract Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Naresh International Main Business and Markets Served
7.6.5 Naresh International Recent Developments/Updates
7.7 Katyani Exports
7.7.1 Katyani Exports Sandalwood Extract Corporation Information
7.7.2 Katyani Exports Sandalwood Extract Product Portfolio
7.7.3 Katyani Exports Sandalwood Extract Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Katyani Exports Main Business and Markets Served
7.7.5 Katyani Exports Recent Developments/Updates
7.8 Essentially Australia
7.8.1 Essentially Australia Sandalwood Extract Corporation Information
7.8.2 Essentially Australia Sandalwood Extract Product Portfolio
7.8.3 Essentially Australia Sandalwood Extract Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Essentially Australia Main Business and Markets Served
7.7.5 Essentially Australia Recent Developments/Updates
7.9 Sandalwood Forest (Qingyuan)
7.9.1 Sandalwood Forest (Qingyuan) Sandalwood Extract Corporation Information
7.9.2 Sandalwood Forest (Qingyuan) Sandalwood Extract Product Portfolio
7.9.3 Sandalwood Forest (Qingyuan) Sandalwood Extract Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Sandalwood Forest (Qingyuan) Main Business and Markets Served
7.9.5 Sandalwood Forest (Qingyuan) Recent Developments/Updates
7.10 Jiangxi Jishui Natural Essential oil Factory
7.10.1 Jiangxi Jishui Natural Essential oil Factory Sandalwood Extract Corporation Information
7.10.2 Jiangxi Jishui Natural Essential oil Factory Sandalwood Extract Product Portfolio
7.10.3 Jiangxi Jishui Natural Essential oil Factory Sandalwood Extract Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Jiangxi Jishui Natural Essential oil Factory Main Business and Markets Served
7.10.5 Jiangxi Jishui Natural Essential oil Factory Recent Developments/Updates
7.11 Jinagxi Xuesong
7.11.1 Jinagxi Xuesong Sandalwood Extract Corporation Information
7.11.2 Jinagxi Xuesong Sandalwood Extract Product Portfolio
7.11.3 Jinagxi Xuesong Sandalwood Extract Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Jinagxi Xuesong Main Business and Markets Served
7.11.5 Jinagxi Xuesong Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Sandalwood Extract Industry Chain Analysis
8.2 Sandalwood Extract Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Sandalwood Extract Production Mode & Process
8.4 Sandalwood Extract Sales and Marketing
8.4.1 Sandalwood Extract Sales Channels
8.4.2 Sandalwood Extract Distributors
8.5 Sandalwood Extract Customers
9 Sandalwood Extract Market Dynamics
9.1 Sandalwood Extract Industry Trends
9.2 Sandalwood Extract Market Drivers
9.3 Sandalwood Extract Market Challenges
9.4 Sandalwood Extract Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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