Sandalwood Oil Market Analysis, Growth Opportunities, Future Demand And Leading Player By Forecast To 2027
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. Industry Updates: Nov 2021 Quintis Sandalwood, one of the world's major suppliers of Indian Synthetic Sandalwood Oil to the fragrance, aromatherapy, and cosmetics sectors, recognized that a shift away from old distillation procedures was required to meet the rising oil demand more sustainably. As a result, the business c...