Global Sandalwood Oil
Market Report
2025
As per Cognitive Market Research's latest published report, the Global Sandalwood Oil market size was USD 92.90 Million in 2022 and it is forecasted to reach USD 149.08 Million by 2030. Sandalwood Oil Industry's Compound Annual Growth Rate will be 6.09 % from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Sandalwood Oil market size was USD 92.90 Million in 2022 and it is forecasted to reach USD 149.08 Million by 2030. Sandalwood Oil Industry's Compound Annual Growth Rate will be 6.09 % from 2023 to 2030.
2021 | 2025 | 2033 | CAGR | |
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Global Sandalwood Oil Market Sales Revenue | $ 149.991 Million | $ 198.4 Million | $ 347.131 Million | 7.243% |
North America Sandalwood Oil Market Sales Revenue | $ 20.399 Million | $ 25.693 Million | $ 40.614 Million | 5.891% |
United States Sandalwood Oil Market Sales Revenue | $ 15.605 Million | $ 19.568 Million | $ 30.635 Million | 5.763% |
Canada Sandalwood Oil Market Sales Revenue | $ 2.978 Million | $ 3.826 Million | $ 6.299 Million | 6.432% |
Mexico Sandalwood Oil Market Sales Revenue | $ 1.815 Million | $ 2.3 Million | $ 3.68 Million | 6.053% |
Europe Sandalwood Oil Market Sales Revenue | $ 16.349 Million | $ 20.634 Million | $ 33.672 Million | 6.313% |
United Kingdom Sandalwood Oil Market Sales Revenue | $ 2.371 Million | $ 3.033 Million | $ 5.074 Million | 6.644% |
Germany Sandalwood Oil Market Sales Revenue | $ 3.531 Million | $ 4.539 Million | $ 7.778 Million | 6.963% |
France Sandalwood Oil Market Sales Revenue | $ 1.834 Million | $ 2.259 Million | $ 3.502 Million | 5.63% |
Italy Sandalwood Oil Market Sales Revenue | $ 1.52 Million | $ 1.894 Million | $ 3.004 Million | 5.932% |
Russia Sandalwood Oil Market Sales Revenue | $ 1.161 Million | $ 1.403 Million | $ 2.104 Million | 5.198% |
Spain Sandalwood Oil Market Sales Revenue | $ 1.537 Million | $ 1.958 Million | $ 3.259 Million | 6.577% |
Sweden Sandalwood Oil Market Sales Revenue | $ 0.965 Million | $ 1.228 Million | $ 2.032 Million | 6.502% |
Denmark Sandalwood Oil Market Sales Revenue | $ 0.736 Million | $ 0.918 Million | $ 1.468 Million | 6.042% |
Switzerland Sandalwood Oil Market Sales Revenue | $ 0.752 Million | $ 0.926 Million | $ 1.434 Million | 5.616% |
Luxembourg Sandalwood Oil Market Sales Revenue | $ 0.114 Million | $ 0.135 Million | $ 0.19 Million | 4.344% |
Rest of Europe Sandalwood Oil Market Sales Revenue | $ 1.828 Million | $ 2.339 Million | $ 3.825 Million | 6.343% |
Asia Pacific Sandalwood Oil Market Sales Revenue | $ 91.495 Million | $ 122.71 Million | $ 221.122 Million | 7.639% |
China Sandalwood Oil Market Sales Revenue | $ 27.357 Million | $ 36.936 Million | $ 67.553 Million | 7.839% |
Japan Sandalwood Oil Market Sales Revenue | $ 15.829 Million | $ 20.799 Million | $ 35.733 Million | 6.999% |
India Sandalwood Oil Market Sales Revenue | $ 10.064 Million | $ 14.05 Million | $ 27.419 Million | 8.717% |
South Korea Sandalwood Oil Market Sales Revenue | $ 8.6 Million | $ 11.277 Million | $ 19.437 Million | 7.042% |
Australia Sandalwood Oil Market Sales Revenue | $ 5.947 Million | $ 7.657 Million | $ 12.803 Million | 6.636% |
Singapore Sandalwood Oil Market Sales Revenue | $ 3.934 Million | $ 5.35 Million | $ 9.84 Million | 7.914% |
South East Asia Sandalwood Oil Market Sales Revenue | $ 6.771 Million | $ 9.314 Million | $ 17.535 Million | 8.23% |
Taiwan Sandalwood Oil Market Sales Revenue | $ 5.124 Million | $ 6.761 Million | $ 11.888 Million | 7.308% |
South America Sandalwood Oil Market Sales Revenue | $ 9.299 Million | $ 12.46 Million | $ 22.293 Million | 7.543% |
Brazil Sandalwood Oil Market Sales Revenue | $ 3.683 Million | $ 4.909 Million | $ 8.699 Million | 7.413% |
Argentina Sandalwood Oil Market Sales Revenue | $ 1.6 Million | $ 2.184 Million | $ 4.073 Million | 8.1% |
Colombia Sandalwood Oil Market Sales Revenue | $ 1.153 Million | $ 1.542 Million | $ 2.631 Million | 6.911% |
Peru Sandalwood Oil Market Sales Revenue | $ 0.846 Million | $ 1.127 Million | $ 1.99 Million | 7.364% |
Chile Sandalwood Oil Market Sales Revenue | $ 0.911 Million | $ 1.23 Million | $ 2.236 Million | 7.76% |
Rest of South America Sandalwood Oil Market Sales Revenue | $ 1.107 Million | $ 1.467 Million | $ 2.664 Million | 7.736% |
Middle East Sandalwood Oil Market Sales Revenue | $ 6.75 Million | $ 9.017 Million | $ 16.027 Million | 7.454% |
Saudi Arabia Sandalwood Oil Market Sales Revenue | $ 2.011 Million | $ 2.695 Million | $ 4.818 Million | 7.53% |
Turkey Sandalwood Oil Market Sales Revenue | $ 1.012 Million | $ 1.37 Million | $ 2.511 Million | 7.873% |
UAE Sandalwood Oil Market Sales Revenue | $ 0.925 Million | $ 1.271 Million | $ 2.394 Million | 8.244% |
Egypt Sandalwood Oil Market Sales Revenue | $ 1.208 Million | $ 1.597 Million | $ 2.76 Million | 7.078% |
Qatar Sandalwood Oil Market Sales Revenue | $ 0.79 Million | $ 1.045 Million | $ 1.829 Million | 7.244% |
Rest of Middle East Sandalwood Oil Market Sales Revenue | $ 0.803 Million | $ 1.04 Million | $ 1.715 Million | 6.455% |
Africa Sandalwood Oil Market Sales Revenue | $ 5.7 Million | $ 7.886 Million | $ 13.403 Million | 6.854% |
Nigeria Sandalwood Oil Market Sales Revenue | $ 0.861 Million | $ 1.205 Million | $ 2.087 Million | 7.105% |
South Africa Sandalwood Oil Market Sales Revenue | $ 2.2 Million | $ 3.104 Million | $ 5.525 Million | 7.472% |
Rest of Africa Sandalwood Oil Market Sales Revenue | $ 2.639 Million | $ 3.577 Million | $ 5.791 Million | 6.207% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Sandalwood Oil industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Sandalwood Oil Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Sandalwood oil is an essential oil extracted from the heartwood of the sandalwood tree which is native to India, Nepal, and other parts of Southeast Asia. It is known for its rich, sweet woody aroma, this oil is widely used in perfumery, cosmetics, and aromatherapy. The oil is pale yellow or golden in color and has a thick oily consistency.
The rising adoption of traditional medicine to treat a range of conditions including anxiety, depression, skin disorders, and digestive issues is the main driving factor contributing to the growth of the global sandalwood oil market during the forecast period. Sandalwood oil has been used for decades as a traditional medicine, especially in India and China to have anti-inflammatory, antiseptic, and sedative properties. Additionally, the increasing demand for oil in aromatherapy is another key factor propelling the growth of this market. However, there are common side effects of sandalwood oil that include itching of the skin may obstruct the growth of the global sandalwood oil market in near future. Further, sandalwood oil is quickly gaining a reputation as an excellent active ingredient in the personal care industry. This is expected to create great opportunities for the market during the forecast period.
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Chemical and materials companies are facing some challenges including stringent rules & regulation, supply chain disruption along with raw material price volatility. Thus, some of the key players are adopting new technologies to enhance their product portfolio. Now days digital technologies play an important role in this sector because it improves efficiency, operations and productivity of the plant. This study helps you to understand the competitor’s revenue generation, key strategies, recent development coupled with its S.W.O.T analysis.
Top Companies Market Share in Sandalwood Oil Industry: (In no particular order of Rank)
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Asia Pacific is expected to hold relatively the largest share of the sandalwood oil market during the forecast period. It is mainly because of Asia is the largest producer and exporter of sandalwood oil along with the growing popularity of sandalwood oil in the perfume and fragrance industry. Further, other Asia Pacific countries, such as Australia, Indonesia, and Sri Lanka, also produce sandalwood oil on a large scale.
The current report Scope analyzes Sandalwood Oil Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Sandalwood Oil Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Sandalwood Oil Industry growth. Sandalwood Oil market has been segmented with the help of its Type, Application , and others. Sandalwood Oil market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The Natural segment leads the revenue share in terms of type due to the rising demand for sustainable ingredients in daily life routines. Furthermore, sandalwood oil is a natural and sustainable ingredient. It is biodegradable and non-toxic, making it an eco-friendly choice for further use in cosmetics, perfumes, and other products.
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The personal care segment acquired a major share in 2022. It is attributed to the increasing demand for anti-inflammatory products in the personal care industry due to their aromatic properties and potential benefits for the skin.
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Research Analyst at Cognitive Market Research
Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.
Ashwini Moharir is a market research professional with over 2 years of hands-on experience in delivering strategic insights and data-driven analysis across the healthcare and food & beverage sectors. She specializes in gathering and interpreting market data to support business decisions, product development, and competitive positioning.
With a foundation in teaching and research & development, Ashwini brings a well-rounded perspective that enhances her approach to market analysis. Her ability to combine academic rigor with practical industry knowledge allows her to uncover deeper insights and provide actionable recommendation.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Sandalwood Oil Market is witnessing significant growth in the near future.
In 2023, the Natural Sandalwood Oil segment accounted for noticeable share of global Sandalwood Oil Market and is projected to experience significant growth in the near future.
The Personal Care segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Albert Vieille SAS (France), Eden botanicals (US) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Natural Sandalwood Oil, Lab Created Sandalwood Oil |
Application | Personal Care, Pharmaceuticals, Aromatherapy, Others |
List of Competitors | Albert Vieille SAS (France), Doterra International LLC (Utah), Eden botanicals (US), Santanol Group (Australia), Plant Therapy Essential Oils (US), Aditi Essentials (India), Haldin International (Indonesia), Iangyin Healthway (Japan), Kanta Enterprises (India), PerfumersWorld Ltd. (Thailand), Ancient Healer (US), Khadi Natural (India), Vedic Vaani (India), Cliara Essential Oils (Sri Lanka), Sallamander Concepts Pty Ltd (South Africa) |
This chapter will help you gain GLOBAL Market Analysis of Sandalwood Oil. Further deep in this chapter, you will be able to review Global Sandalwood Oil Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Sandalwood Oil. Further deep in this chapter, you will be able to review North America Sandalwood Oil Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Sandalwood Oil. Further deep in this chapter, you will be able to review Europe Sandalwood Oil Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Sandalwood Oil. Further deep in this chapter, you will be able to review Asia Pacific Sandalwood Oil Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Sandalwood Oil. Further deep in this chapter, you will be able to review South America Sandalwood Oil Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Sandalwood Oil. Further deep in this chapter, you will be able to review Middle East Sandalwood Oil Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Sandalwood Oil. Further deep in this chapter, you will be able to review Middle East Sandalwood Oil Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Sandalwood Oil. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Sandalwood Oil market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Natural Sandalwood Oil have a significant impact on Sandalwood Oil market? |
What are the key factors affecting the Natural Sandalwood Oil and Lab Created Sandalwood Oil of Sandalwood Oil Market? |
What is the CAGR/Growth Rate of Personal Care during the forecast period? |
By type, which segment accounted for largest share of the global Sandalwood Oil Market? |
Which region is expected to dominate the global Sandalwood Oil Market within the forecast period? |