Industry: Consumer Goods
Published Date: 2025-01-18
Pages: 85 Pages
Report ld: 3439464
Request Sample
Customized Report
Sandalwood Market Size(US$)

CAGR 2025-2031
9.4%
Market Size,2031
USD 591
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Sandalwood was valued at US$ 318 million in the year 2024 and is projected to reach a revised size of US$ 591 million by 2031, growing at a CAGR of 9.4% during the forecast period.
Sandalwood, of the genus Santalum, is a genus of woody flowering trees and plants. Most species are semi-parasitic and several produce a highly aromatic wood. The most common species are Indian sandalwood (Santalum album) and Australian sandalwood (Santalum spicatum), although Others species are used for their scent as well.
Australia is the largest Sandalwood market with about 69% market share. India is follower, accounting for about 20% market share.
The key players are Quintis, FPC, WA Sandalwood Plantations, Australian Sandalwood, Santanol Group, KS&DL, Sandalwood Forest etc. Top 3 companies occupied about 72% market share.
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Sandalwood, 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.
The Sandalwood market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Sandalwood 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 manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Company
Quintis
FPC
WA Sandalwood Plantations
Australian Sandalwood
Santanol Group
KS&DL
Sandalwood Forest
Segment by Type
Indian Sandalwood
Australian Sandalwood
Others
Segment by Application
Personal Care
Aromatherapy
Pharmaceuticals
Sculpture
Furniture
Others
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Middle East and Africa
Turkey
Saudi Arabia
UAE
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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 manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Sandalwood 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 market size of each country in the world.
Chapter 4: 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 5: 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 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: 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 9: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Sandalwood Market Overview
1.1 Product Definition
1.2 Sandalwood by Type
1.2.1 Global Sandalwood Market Value Comparison by Type (2024 VS 2031)
1.2.2 Indian Sandalwood
1.2.3 Australian Sandalwood
1.2.4 Others
1.3 Sandalwood by Application
1.3.1 Global Sandalwood Market Value by Application (2024 VS 2031)
1.3.2 Personal Care
1.3.3 Aromatherapy
1.3.4 Pharmaceuticals
1.3.5 Sculpture
1.3.6 Furniture
1.3.7 Others
1.4 Global Sandalwood Market Size Estimates and Forecasts
1.4.1 Global Sandalwood Revenue 2020-2031
1.4.2 Global Sandalwood Sales 2020-2031
1.4.3 Global Sandalwood Market Average Price (2020-2031)
1.5 Assumptions and Limitations
2 Sandalwood Market Competition by Manufacturers
2.1 Global Sandalwood Sales Market Share by Manufacturers (2020-2025)
2.2 Global Sandalwood Revenue Market Share by Manufacturers (2020-2025)
2.3 Global Sandalwood Average Price by Manufacturers (2020-2025)
2.4 Global Key Players of Sandalwood, Industry Ranking, 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Sandalwood, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Sandalwood, Product Type & Application
2.7 Global Key Manufacturers of Sandalwood, Date of Enter into This Industry
2.8 Global Sandalwood Market Competitive Situation and Trends
2.8.1 Global Sandalwood Market Concentration Rate
2.8.2 The Global 5 and 10 Largest Sandalwood Players Market Share by Revenue
2.8.3 Global Sandalwood Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.9 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Global Sandalwood Market Scenario by Region
3.1 Global Sandalwood Market Size by Region: 2020 Versus 2024 Versus 2031
3.2 Global Sandalwood Sales by Region: 2020-2031
3.2.1 Global Sandalwood Sales by Region: 2020-2025
3.2.2 Global Sandalwood Sales by Region: 2026-2031
3.3 Global Sandalwood Revenue by Region: 2020-2031
3.3.1 Global Sandalwood Revenue by Region: 2020-2025
3.3.2 Global Sandalwood Revenue by Region: 2026-2031
3.4 North America Sandalwood Market Facts & Figures by Country
3.4.1 North America Sandalwood Market Size by Country: 2020 VS 2024 VS 2031
3.4.2 North America Sandalwood Sales by Country (2020-2031)
3.4.3 North America Sandalwood Revenue by Country (2020-2031)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Sandalwood Market Facts & Figures by Country
3.5.1 Europe Sandalwood Market Size by Country: 2020 VS 2024 VS 2031
3.5.2 Europe Sandalwood Sales by Country (2020-2031)
3.5.3 Europe Sandalwood Revenue by Country (2020-2031)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Sandalwood Market Facts & Figures by Region
3.6.1 Asia Pacific Sandalwood Market Size by Region: 2020 VS 2024 VS 2031
3.6.2 Asia Pacific Sandalwood Sales by Region (2020-2031)
3.6.3 Asia Pacific Sandalwood Revenue by Region (2020-2031)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 China Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.7 Latin America Sandalwood Market Facts & Figures by Country
3.7.1 Latin America Sandalwood Market Size by Country: 2020 VS 2024 VS 2031
3.7.2 Latin America Sandalwood Sales by Country (2020-2031)
3.7.3 Latin America Sandalwood Revenue by Country (2020-2031)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Sandalwood Market Facts & Figures by Country
3.8.1 Middle East and Africa Sandalwood Market Size by Country: 2020 VS 2024 VS 2031
3.8.2 Middle East and Africa Sandalwood Sales by Country (2020-2031)
3.8.3 Middle East and Africa Sandalwood Revenue by Country (2020-2031)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Sandalwood Sales by Type (2020-2031)
4.1.1 Global Sandalwood Sales by Type (2020-2025)
4.1.2 Global Sandalwood Sales by Type (2026-2031)
4.1.3 Global Sandalwood Sales Market Share by Type (2020-2031)
4.2 Global Sandalwood Revenue by Type (2020-2031)
4.2.1 Global Sandalwood Revenue by Type (2020-2025)
4.2.2 Global Sandalwood Revenue by Type (2026-2031)
4.2.3 Global Sandalwood Revenue Market Share by Type (2020-2031)
4.3 Global Sandalwood Price by Type (2020-2031)
5 Segment by Application
5.1 Global Sandalwood Sales by Application (2020-2031)
5.1.1 Global Sandalwood Sales by Application (2020-2025)
5.1.2 Global Sandalwood Sales by Application (2026-2031)
5.1.3 Global Sandalwood Sales Market Share by Application (2020-2031)
5.2 Global Sandalwood Revenue by Application (2020-2031)
5.2.1 Global Sandalwood Revenue by Application (2020-2025)
5.2.2 Global Sandalwood Revenue by Application (2026-2031)
5.2.3 Global Sandalwood Revenue Market Share by Application (2020-2031)
5.3 Global Sandalwood Price by Application (2020-2031)
6 Key Companies Profiled
6.1 Quintis
6.1.1 Quintis Company Information
6.1.2 Quintis Description and Business Overview
6.1.3 Quintis Sandalwood Sales, Revenue and Gross Margin (2020-2025)
6.1.4 Quintis Sandalwood Product Portfolio
6.1.5 Quintis Recent Developments/Updates
6.2 FPC
6.2.1 FPC Company Information
6.2.2 FPC Description and Business Overview
6.2.3 FPC Sandalwood Sales, Revenue and Gross Margin (2020-2025)
6.2.4 FPC Sandalwood Product Portfolio
6.2.5 FPC Recent Developments/Updates
6.3 WA Sandalwood Plantations
6.3.1 WA Sandalwood Plantations Company Information
6.3.2 WA Sandalwood Plantations Description and Business Overview
6.3.3 WA Sandalwood Plantations Sandalwood Sales, Revenue and Gross Margin (2020-2025)
6.3.4 WA Sandalwood Plantations Sandalwood Product Portfolio
6.3.5 WA Sandalwood Plantations Recent Developments/Updates
6.4 Australian Sandalwood
6.4.1 Australian Sandalwood Company Information
6.4.2 Australian Sandalwood Description and Business Overview
6.4.3 Australian Sandalwood Sandalwood Sales, Revenue and Gross Margin (2020-2025)
6.4.4 Australian Sandalwood Sandalwood Product Portfolio
6.4.5 Australian Sandalwood Recent Developments/Updates
6.5 Santanol Group
6.5.1 Santanol Group Company Information
6.5.2 Santanol Group Description and Business Overview
6.5.3 Santanol Group Sandalwood Sales, Revenue and Gross Margin (2020-2025)
6.5.4 Santanol Group Sandalwood Product Portfolio
6.5.5 Santanol Group Recent Developments/Updates
6.6 KS&DL
6.6.1 KS&DL Company Information
6.6.2 KS&DL Description and Business Overview
6.6.3 KS&DL Sandalwood Sales, Revenue and Gross Margin (2020-2025)
6.6.4 KS&DL Sandalwood Product Portfolio
6.6.5 KS&DL Recent Developments/Updates
6.7 Sandalwood Forest
6.7.1 Sandalwood Forest Company Information
6.7.2 Sandalwood Forest Description and Business Overview
6.7.3 Sandalwood Forest Sandalwood Sales, Revenue and Gross Margin (2020-2025)
6.7.4 Sandalwood Forest Sandalwood Product Portfolio
6.7.5 Sandalwood Forest Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Sandalwood Industry Chain Analysis
7.2 Sandalwood Raw Material Supply Analysis
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Sandalwood Production Mode & Process Analysis
7.4 Sandalwood Sales and Marketing
7.4.1 Sandalwood Sales Channels
7.4.2 Sandalwood Distributors
7.5 Sandalwood Customer Analysis
8 Sandalwood Market Dynamics
8.1 Sandalwood Industry Trends
8.2 Sandalwood Market Drivers
8.3 Sandalwood Market Challenges
8.4 Sandalwood Market Restraints
9 Research Findings and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
Related Reports
The global Sandalwood market is projected to grow from US$ 385 million in 2025 to US$ 702 million by 2032, at a CAGR of 9.0% (2026-2032), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published Date: 2026-01-31
Pages: 146
USD 4900.00
(Single User License)
The global Sandalwood market size was US$ 385 million in 2025 and is forecast to reach a readjusted size of US$ 702 million by 2032 with a CAGR of 9.0% during the forecast period 2026-2032.
Published Date: 2026-01-31
Pages: 79
USD 4250.00
(Single User License)
The global Sandalwood market was valued at US$ 385 million in 2025 and is anticipated to reach US$ 702 million by 2032, at a CAGR of 9.0% from 2026 to 2032.
Published Date: 2026-01-31
Pages: 117
USD 2900.00
(Single User License)
The global market for Sandalwood was estimated to be worth US$ 385 million in 2025 and is projected to reach US$ 702 million, growing at a CAGR of 9.0% from 2026 to 2032.
Published Date: 2026-01-31
Pages: 98
USD 3950.00
(Single User License)
The global Sandalwood market is projected to grow from US$ 318 million in 2024 to US$ 591 million by 2031, at a CAGR of 9.4% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published Date: 2025-09-10
Pages: 131
USD 4900.00
(Single User License)
The global Sandalwood market size was US$ 318 million in 2024 and is forecast to a readjusted size of US$ 591 million by 2031 with a CAGR of 9.4% during the forecast period 2025-2031.
Published Date: 2025-09-10
Pages: 80
USD 4250.00
(Single User License)
In 2024, the global market size of Sandalwood was estimated to be worth US$ 318 million and is forecast to reach approximately US$ 591 million by 2031 with a CAGR of 9.4% during the forecast period 2025-2031.
Published Date: 2025-03-28
Pages: 126
USD 5900.00
(Single User License)
The global market for Sandalwood was estimated to be worth US$ 318 million in 2024 and is forecast to a readjusted size of US$ 591 million by 2031 with a CAGR of 9.4% during the forecast period 2025-2031.
Published Date: 2025-01-18
Pages: 106
USD 3950.00
(Single User License)
Sandalwood, of the genus Santalum, is a genus of woody flowering trees and plants. Most species are semi-parasitic and several produce a highly aromatic wood. The most common species are Indian sandalwood (Santalum album) and Australian sandalwood (Santalum spicatum), although Others species are used for their scent as well.
Published Date: 2024-04-17
Pages: 136
USD 5600.00
(Single User License)
Sandalwood, of the genus Santalum, is a genus of woody flowering trees and plants. Most species are semi-parasitic and several produce a highly aromatic wood. The most common species are Indian sandalwood (Santalum album) and Australian sandalwood (Santalum spicatum), although Others species are used for their scent as well.
Published Date: 2024-04-16
Pages: 121
USD 5900.00
(Single User License)
The global Sandalwood market is projected to grow from US$ 385 million in 2025 to US$ 702 million by 2032, at a CAGR of 9.0% (2026-2032), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published: 2026-01-31
Pages: 146
The global Sandalwood market size was US$ 385 million in 2025 and is forecast to reach a readjusted size of US$ 702 million by 2032 with a CAGR of 9.0% during the forecast period 2026-2032.
Published: 2026-01-31
Pages: 79
The global Sandalwood market was valued at US$ 385 million in 2025 and is anticipated to reach US$ 702 million by 2032, at a CAGR of 9.0% from 2026 to 2032.
Published: 2026-01-31
Pages: 117
The global market for Sandalwood was estimated to be worth US$ 385 million in 2025 and is projected to reach US$ 702 million, growing at a CAGR of 9.0% from 2026 to 2032.
Published: 2026-01-31
Pages: 98
The global Sandalwood market is projected to grow from US$ 318 million in 2024 to US$ 591 million by 2031, at a CAGR of 9.4% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published: 2025-09-10
Pages: 131
The global Sandalwood market size was US$ 318 million in 2024 and is forecast to a readjusted size of US$ 591 million by 2031 with a CAGR of 9.4% during the forecast period 2025-2031.
Published: 2025-09-10
Pages: 80
In 2024, the global market size of Sandalwood was estimated to be worth US$ 318 million and is forecast to reach approximately US$ 591 million by 2031 with a CAGR of 9.4% during the forecast period 2025-2031.
Published: 2025-03-28
Pages: 126
The global market for Sandalwood was estimated to be worth US$ 318 million in 2024 and is forecast to a readjusted size of US$ 591 million by 2031 with a CAGR of 9.4% during the forecast period 2025-2031.
Published: 2025-01-18
Pages: 106
Sandalwood, of the genus Santalum, is a genus of woody flowering trees and plants. Most species are semi-parasitic and several produce a highly aromatic wood. The most common species are Indian sandalwood (Santalum album) and Australian sandalwood (Santalum spicatum), although Others species are used for their scent as well.
Published: 2024-04-17
Pages: 136
Sandalwood, of the genus Santalum, is a genus of woody flowering trees and plants. Most species are semi-parasitic and several produce a highly aromatic wood. The most common species are Indian sandalwood (Santalum album) and Australian sandalwood (Santalum spicatum), although Others species are used for their scent as well.
Published: 2024-04-16
Pages: 121
REPORT COVERAGE
DESCRIPTION
OVERVIEW
REPORT SCOPE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
INTEREST IN THIS REPORT?
Get A Free Sample
Request For Quotation
OR
NEED A CUSTOMIZED REPORT?
Customized Report
Request Sample
Pre-Order Enquiry
Add to Cart
Buy Now