The global Sandalwood Extract market size is expected to reach $ 162 million by 2032, rising at a market growth of 3.2% CAGR during the forecast period (2026-2032).
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.
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 studies the global Sandalwood Extract production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Sandalwood Extract and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Sandalwood Extract that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Sandalwood Extract total production and demand, 2021-2032, (Kg)
Global Sandalwood Extract total production value, 2021-2032, (USD Million)
Global Sandalwood Extract production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Kg), (based on production site)
Global Sandalwood Extract consumption by region & country, CAGR, 2021-2032 & (Kg)
U.S. VS China: Sandalwood Extract domestic production, consumption, key domestic manufacturers and share
Global Sandalwood Extract production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Kg)
Global Sandalwood Extract production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Kg)
Global Sandalwood Extract production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Kg)
This report profiles key players in the global Sandalwood Extract market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include 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, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Sandalwood Extract market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Kg) and average price (US$/Kg) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Sandalwood Extract Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Sandalwood Extract Market, Segmentation by Type:
East Indian Sandalwood Oil
Australian Sandalwood Oil
Global Sandalwood Extract Market, Segmentation by Application:
Personal Care
Aromatherapy
Pharmaceuticals
Others
Companies Profiled:
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
Key Questions Answered:
1. How big is the global Sandalwood Extract market?
2. What is the demand of the global Sandalwood Extract market?
3. What is the year over year growth of the global Sandalwood Extract market?
4. What is the production and production value of the global Sandalwood Extract market?
5. Who are the key producers in the global Sandalwood Extract market?
6. What are the growth factors driving the market demand?
Summary:
Get latest Market Research Reports on Sandalwood Extract. Industry analysis & Market Report on Sandalwood Extract is a syndicated market report, published as Global Sandalwood Extract Supply, Demand and Key Producers, 2026-2032. It is complete Research Study and Industry Analysis of Sandalwood Extract market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.