Personal Care Sandalwood Oil Market Size (2023 - 2030)

The Global Personal Care Sandalwood Oil Market was estimated to be worth USD 125 Million in 2022 and is anticipated to reach a value of USD 326.47 Million by 2030, growing at a fast CAGR of 12.75% during the outlook period 2023-2030.

The roots and wood of sandalwood trees are used to make the essential oil known as Personal care Sandalwood Oil. Perfumes, soaps, face washes, body washes, creams, and many other personal care items are made with Personal care Sandalwood Oil. Additionally, the oil is utilised in a wide range of industrial consumer goods, including incense sticks, detergents, air fresheners, and others. Additionally, the East Indian sandalwood tree, Santalum album, from which Personal care Sandalwood Oil is derived, produces both wood and roots. Additionally, Personal care Sandalwood Oil has certain therapeutic qualities. Because it has anti-inflammatory, anti-microbial, anti-acne, and anti-tanning properties, oil is highly preferred when it comes to skin. As an astringent and antibacterial, as well as a remedy for headaches, nausea, and genital and urinary problems, Personal care Sandalwood Oil has long been utilised in traditional medicine. The scent of sandalwood also makes it a well-liked ingredient in perfumes and aromatherapy. Aromatic oils are employed in aromatherapy to advance both physical and mental well-being. Stress-related illnesses are treatable with sandalwood aromatherapy. Personal care Sandalwood Oil is also very good for the skin and can be used to treat a variety of skin issues, such as rashes, dryness, eczema, and itching. Applications inside the company, as well as outside, are secure. Therefore, the consumption of sandal oil aids in protecting internal wounds and ulcers from infection. Similarly to this, it prevents boils, sores, pimples, and wounds from becoming infected or septic when applied to the skin. There are several organic skin-lightening components in Personal care Sandalwood Oil, which help to lighten the skin's colour. Sandal oil is employed and is primarily found in fairness packs and creams because of this property to address the majority of skin-related issues.

Global Personal Care Sandalwood Oil Market Drivers:

Increase in disposable income is resulting in increased demand in the global Personal care Sandalwood Oil market.

The global market for Personal care Sandalwood Oil experiences its strongest growth due to the increase in disposable income. Furthermore, Personal care Sandalwood Oil is recognised to enhance serenity. The warm and refreshing woody aroma of the oil assists in calming and pacifying the mind. This is one of the greatest essential oils for calming emotions, maintaining emotional control, and fostering harmony and peace. To reduce stress and anxiety, which serve as the market's main growth drivers, rub Personal care Sandalwood Oil on the wrists and ankles or inhale it directly.

Various medical and skin benefits are bolstering growth in the Personal Care Sandalwood Oil market.

Additionally, this sandalwood bark-derived essential oil's antioxidant properties are widely used to enhance the health of the skin. Personal care Sandalwood Oil is becoming more and more popular among people due to the numerous skin and health benefits associated with it, including the provision of clear, bright, and flawless skin, the treatment of skin infections and itching, the prevention of skin ageing, the relief of spasms, and others. It lessens oxidative damage and effectively removes free radicals from the skin.  Further, it eliminates blemishes from the inner layers of the skin, improves the general health of the skin, and treats several skin infections, including dark spots, patches, dark circles, dullness, dryness, suntan, and blemishes. Additionally, sandalwood contains pheromone-like qualities and is utilised in the production of fragrances and deodorants.

The fragrant smell of sandalwood is increasing the demand for sandalwood oil in the perfume and essential oil market.

Personal care Sandalwood Oil has aphrodisiac properties. Demand is anticipated to increase due to Personal care Sandalwood Oil's growing acceptance in a variety of global industries, including the pharmaceutical and cosmetics sectors. Sandalwood may also be combined with other essential oils to create various smells and be used as a deodorant, which is another significant factor driving the growth of the global Personal care Sandalwood Oil market.

Global Personal Care Sandalwood Oil Market Challenges:

The expansion of the worldwide Personal care Sandalwood Oil market is significantly constrained by several unfavourable aspects. Alternatives to Personal care Sandalwood Oil are anticipated to be a significant factor limiting market expansion. Furthermore, the high cost of this oil is another element negatively impacting market revenue growth to a certain level.

Global Personal Care Sandalwood Oil Market Opportunities:

Personal care Sandalwood Oil is becoming more and more well-liked among customers and product designers all over the world as a natural cosmetic ingredient. Additionally, Personal care Sandalwood Oil is produced as a food-grade cooking oil in the GCC countries. Because there are numerous supply routes available, investors in Personal Care Sandalwood Oil should anticipate higher profits in the future.

Personal care Sandalwood Oil producers may also see a market opportunity in the movement in consumer preference from chemical-based products to natural products across a range of markets, including personal care and cosmetics. Due to rising levels of stress brought on by the high number of people working in emerging nations, customers are turning to spas to unwind. Personal care Sandalwood Oil is a popular essential oil for aromatherapy, which contributes to the market's expansion.

COVID-19 Impact on Global Personal Care Sandalwood Oil Market:

On the Personal care Sandalwood Oil market, the COVID-19 epidemic had a favourable effect. Everyone was surprised to see a sudden jump in the demand for sandalwood because it was not anticipated that the market would expand during the pandemic. The growing awareness of sandalwood's beneficial uses among people all over the world has helped the market for Personal care Sandalwood Oil increase. At the same time, the market is being fueled by the rising popularity of products made from organic materials. The global Personal care Sandalwood Oil sector has seen substantial expansion throughout the epidemic as a result of the increased disposable income. The relaxing effects of Personal care Sandalwood Oil are also thought to exist. The warm, comforting aroma of wood in the oil helps to relax and calm your mind.

Global Personal Care Sandalwood Oil Market Recent Developments:

• In July 2020, as an alternative to Personal care Sandalwood Oil, BASF Nutrition & Health and Isobionics will offer their first collaborative product, Isobionics Santa lol.

• In October 2022, Quintis Sandalwood introduced its extra-fine powder of Indian sandalwood. According to reports, the substance is hypoallergenic and great for delicate skin. Due to the tiny particle size, it gives formulations a powdery, light, and soft skin feel and texture that is traditionally used in Ayurveda to calm and brighten the skin. 3% of the powder's active ingredient is Indian Personal care Sandalwood Oil, which has been proven to have anti-inflammatory, antibacterial, antioxidant, anti-tyrosinase, and anti-MMP1 activities.

PERSONAL CARE SANDALWOOD OIL MARKET REPORT COVERAGE:

Global Personal Care Sandalwood Oil Market Segmentation: By Nature

• Organic

• Conventional

Since more people are becoming aware of its therapeutic benefits, including its antispasmodic, antiphlogistic, and antiseptic characteristics, natural Personal care Sandalwood Oil is growing in popularity all over the world. This is a key element that will likely fuel the organic segment's expansion throughout the projection period. Manufacturers of Personal care Sandalwood Oil may regard the significant shift in consumer choice away from chemical-based products towards natural products in a variety of industries, including personal care and cosmetics, as an opportunity to grow their markets.

Global Personal Care Sandalwood Oil Market Segmentation: By End-use

• Cosmetics & Personal Care

• Pharmaceuticals

• Aromatherapy

• Household/Retail

• Others

The cosmetics and personal care segment is anticipated to account for a consistent revenue share in the worldwide Personal care Sandalwood Oil market due to the growing popularity of several personal care products associated with the aroma of Personal care Sandalwood Oil and the rapid global expansion of the cosmetics industry. Producing soaps, beauty products, and other amenities uses sandalwood, a natural antibacterial and preservative. The market is being driven by the usage of Personal care Sandalwood Oil in the pharmaceuticals industry, which is also expanding.

Global Personal Care Sandalwood Oil Market Segmentation: By Type

• East Indian Personal Care Sandalwood Oil

• Australian Personal Care Sandalwood Oil

• New Caledonian Personal Care Sandalwood Oil

• Others

East Indian Personal care Sandalwood Oil, Australian Personal care Sandalwood Oil, New Caledonian Personal care Sandalwood Oil, and Others are the different market segments. The market share of East Indian Personal Care Sandalwood Oil is substantial. The volatile essential oil typically derived from the heartwood of Santalum album L trees is known as East Indian Personal Care Sandalwood Oil (EISO), which is another name for the oil.

Global Personal Care Sandalwood Oil Market Segmentation: By Region

• North America

• Europe

• Asia Pacific

• Middle East and Africa

• South America

In terms of regional markets, Asia Pacific became one with the highest revenue share for Personal care Sandalwood Oils in 2022. There are many Personal care Sandalwood Oil producers in Asia Pacific nations like China, India, and Japan. Personal care Sandalwood Oil is widely utilised for a range of ceremonial and religious activities. Additionally, people have a substantial need for personal care products and aromatherapy services, which supports market expansion in this area. Over the forecast period, the market for Personal care Sandalwood Oil in North America is anticipated to develop at the quickest CAGR. Even though sandalwood is grown in Hawaii, Personal care Sandalwood Oil is mostly imported to satisfy the demands of cosmetics and personal care goods in North America. The market in this region is anticipated to expand as a result of factors including increased consumer spending, rising disposable income, and rising demand for personal care products including aromatic soaps, shampoos, and lotions.

Global Personal Care Sandalwood Oil Market Key Players:

1. Khadi Natural

2. PerfumersWorld

3. Eden Botanicals

4. Aroma Magic

5. Ancient Healer

6. Plant Therapy Essential Oils

7. Santanol

8. Vedic Vaani

9. Kanta Enterprises Private Limited

10. CLIARA ESSENTIAL OILS