Global Sandalwood Oil Market Overview:
Sandalwood oil, also known as santal oil, is a fragrant essential oil obtained by steam distilling the chips and billets of sandalwood trees. It is primarily used to make soaps, shampoos, and lotions in the cosmetic and personal care industries. Sandalwood oil has historically been used to treat headaches, stomachaches, and urinary disorders as an antiseptic and astringent. Increasing natural cosmetic products and escalating consumption of aromatic compounds have generated demand for sandalwood oil. The change in consumer preference from chemical-based products to natural products in several segments, such as personal care and cosmetics, can be viewed by sandalwood oil manufacturers as an opportunity for market expansion.
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Shift of Consumers Preference from Chemical-based Products to Natural Products
Market Growth Drivers:
Growing Demand for Sandalwood Oil in Cosmetics and Aromatherapy and Rising Use of Natural Perfumeries
Some Individuals May Be Allergic to Sandalwood Oil
High Price of Sandalwood Oil
Increased Expenditure Capacity on Personal Care Products and Rising Demand for Natural & Organic Cosmetics
Some of the key players profiled in the report are Albert Vieille SAS (France), Doterra International LLC (Utah), Eden botanicals (United States), Santanol Group (Australia), Plant Therapy Essential Oils (United States), Aditi Essentials (India), Haldin International (Indonesia), Jiangyin Healthway (Japan), Kanta Enterprises (India), PerfumersWorld Ltd. (Thailand), Ancient Healer (United States), Khadi Natural (India) and Vedic Vaani (India). Additionally, following companies can also be profiled that are part of our coverage like Cliara Essential Oils (Sri Lanka) and Sallamander Concepts Pty Ltd (South Africa). Analyst at AMA Research see Global Vendors to retain maximum share of Global Sandalwood Oil market by 2026. Considering Market by Nature, the sub-segment i.e. Organic will boost the Sandalwood Oil market. Considering Market by Distribution Channel, the sub-segment i.e. Online Retail will boost the Sandalwood Oil market.
What Can be Explored with the Sandalwood Oil Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Sandalwood Oil Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Sandalwood Oil
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Sandalwood Oil market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Sandalwood Oil market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Soya Stand Oil Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.