Product Code: ETC345455 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The sandalwood oil market in Australia benefits from the countrys position as a key producer of high-quality sandalwood. Used in cosmetics, aromatherapy, and pharmaceuticals, demand for this essential oil continues to grow. Sustainable harvesting and ethical sourcing are critical factors influencing market expansion, given the high value of sandalwood trees.
Australias sandalwood oil market is benefiting from the increasing demand in cosmetics, aromatherapy, and pharmaceutical industries. The countrys favorable climatic conditions for sandalwood cultivation, combined with the rising popularity of natural skincare and wellness products, are key drivers of growth.
The sandalwood oil market in Australia struggles with sustainability concerns and limited supply, as overharvesting has led to strict regulations on cultivation and extraction. The high cost of production makes Australian sandalwood oil less competitive in global markets, where synthetic alternatives are gaining traction. Additionally, climate change and land use restrictions impact the availability of raw materials.
The sandalwood oil market in Australia is expanding due to its applications in cosmetics, aromatherapy, and pharmaceuticals. Investment potential lies in increasing sandalwood cultivation, setting up sustainable extraction facilities, and developing value-added products such as high-purity sandalwood oil for export markets.
The sandalwood oil market in Australia is heavily influenced by agricultural and environmental policies aimed at sustainable harvesting and production. The government regulates the cultivation of sandalwood trees through forestry laws to prevent overexploitation and ensure long-term sustainability. Export policies support the international trade of Australian sandalwood oil, with quality control measures in place to maintain product purity. Additionally, local manufacturing regulations ensure compliance with industry standards for essential oil extraction and processing.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Sandalwood Oil Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Sandalwood Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Sandalwood Oil Market - Industry Life Cycle |
3.4 Australia Sandalwood Oil Market - Porter's Five Forces |
3.5 Australia Sandalwood Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Sandalwood Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Sandalwood Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Sandalwood Oil Market Trends |
6 Australia Sandalwood Oil Market, By Types |
6.1 Australia Sandalwood Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Sandalwood Oil Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Australia Sandalwood Oil Market Revenues & Volume, By Natural Sandalwood Oil, 2021-2031F |
6.1.4 Australia Sandalwood Oil Market Revenues & Volume, By Lab Created Sandalwood Oil, 2021-2031F |
6.2 Australia Sandalwood Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Sandalwood Oil Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.3 Australia Sandalwood Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.4 Australia Sandalwood Oil Market Revenues & Volume, By Aromatherapy, 2021-2031F |
6.2.5 Australia Sandalwood Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Australia Sandalwood Oil Market Import-Export Trade Statistics |
7.1 Australia Sandalwood Oil Market Export to Major Countries |
7.2 Australia Sandalwood Oil Market Imports from Major Countries |
8 Australia Sandalwood Oil Market Key Performance Indicators |
9 Australia Sandalwood Oil Market - Opportunity Assessment |
9.1 Australia Sandalwood Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Sandalwood Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Sandalwood Oil Market - Competitive Landscape |
10.1 Australia Sandalwood Oil Market Revenue Share, By Companies, 2024 |
10.2 Australia Sandalwood Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |