Thursday 22 March 2018

Sandalwood Oil Market Expecting an Outstanding Growth Till 2022


Technavio Announces the Publication of its Research Report – Global Sandalwood Oil Market 2018-2022

Technavio recognizes the following companies as the key players in the global sandalwood oil market: Karnataka Soaps & Detergents Limited, Katyani Exports, NARESH INTERNATIONAL, Quintis, R K - Essential Oils Company, and Santanol.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is rising demand for aromatherapy. Several holistic beauty experts endorse the therapeutic effects of sandalwood oil on the skin. It is suitable for all skin types and is one of the most popular essential oils used in aromatherapy. Pure sandalwood oil can be used as a carrier oil in aromatherapy or massage therapy.”
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According to the report, one driver in the market is numerous benefits offered by sandalwood oil. Sandalwood oil exhibits antiseptic, anti-inflammatory, diuretic, antispasmodic, and cicatrisant properties. It is used as an astringent, carminative, disinfectant, and emollient. In addition, it works as an expectorant, hypotensive agent, memory booster, and sedative.

Further, the report states that one challenge in the market is high price of sandalwood. Sandalwood products are exorbitantly priced because of the significant decrease in the production of sandalwood in the past two decades. It is one of the expensive essential oils and involves a complex production process. Mature sandalwood trees are cut down to extract sandalwood oil.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Some points from TOC:-
PART 07: MARKET SEGMENTATION BY PRODUCT TYPE
Segmentation by product type
Comparison by product type
Indian sandalwood oil Market size and forecast 2017-2022
Australian sandalwood oil Market size and forecast 2017-2022
Others Market size and forecast 2017-2022
Market opportunity by product type
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
APAC Market size and forecast 2017-2022
Americas Market size and forecast 2017-2022
EMEA Market size and forecast 2017-2022
Key leading countries
India
US
China
France
Market opportunity
…………
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