Synthetic Sandalwood Oil Market: Driving Factors, Investment Feasibility & Trends 2027
Synthetic Sandalwood Oil Market-Overview Synthetic Sandalwood Oil is in high demand due to rising aesthetic consciousness. Synthetic Sandalwood Oil is utilized as an anti-wrinkle component, facial cleaning oil, and moisturizing agent in the cosmetic and personal care industries, growing its overall market share. As per MRFR, the market is estimated to gain a CAGR of 6.99% and achieve income worth USD 165.5 Million by the end of 2027. Mounting consumer calls for commercial consumer items such as room fresheners, incense sticks, and aromatherapeutic mixing due to rising consumer desire for natural aromatic products will drive market expansion further in the forecast. Competitive Analysis The mindset of hypervigilance in the aftermath of the pandemic is intended to guide market decisions throughout the projected period. The essential policies being developed by government bodies worldwide are thought to have a powerful role in the global advancement of the market. The restructurin...