| Product Code: ETC5316277 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Barbados continues to rely on key suppliers such as India, UK, USA, Canada, and Guyana for sandalwood oil imports in 2024. Despite a high concentration level, the industry shows strong growth with a CAGR of 12.84% over the past four years. However, a notable decline in the growth rate from 2023 to 2024 at -23.68% warrants closer examination of market dynamics and external factors impacting the trade flow of sandalwood oil into Barbados.

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 Barbados Sandalwood Oil Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Sandalwood Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Sandalwood Oil Market - Industry Life Cycle |
3.4 Barbados Sandalwood Oil Market - Porter's Five Forces |
3.5 Barbados Sandalwood Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Barbados Sandalwood Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Barbados Sandalwood Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for natural and organic products in the personal care and cosmetics industry |
4.2.2 Increasing awareness about the therapeutic properties and benefits of sandalwood oil |
4.2.3 Rise in disposable income leading to higher spending on premium skincare products |
4.3 Market Restraints |
4.3.1 Limited availability of sustainable sources of Barbados sandalwood leading to supply chain challenges |
4.3.2 Fluctuations in the prices of sandalwood due to factors like climate change and government regulations |
5 Barbados Sandalwood Oil Market Trends |
6 Barbados Sandalwood Oil Market Segmentations |
6.1 Barbados Sandalwood Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Barbados Sandalwood Oil Market Revenues & Volume, By Natural Sandalwood Oil, 2021-2031F |
6.1.3 Barbados Sandalwood Oil Market Revenues & Volume, By Lab Created Sandalwood Oil, 2021-2031F |
6.2 Barbados Sandalwood Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Barbados Sandalwood Oil Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.3 Barbados Sandalwood Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.4 Barbados Sandalwood Oil Market Revenues & Volume, By Aromatherapy, 2021-2031F |
6.2.5 Barbados Sandalwood Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Barbados Sandalwood Oil Market Import-Export Trade Statistics |
7.1 Barbados Sandalwood Oil Market Export to Major Countries |
7.2 Barbados Sandalwood Oil Market Imports from Major Countries |
8 Barbados Sandalwood Oil Market Key Performance Indicators |
8.1 Sustainability practices in sandalwood cultivation and extraction processes |
8.2 Consumer awareness and perception of Barbados sandalwood oil as a premium product |
8.3 Research and development investments in enhancing the quality and efficacy of sandalwood oil |
9 Barbados Sandalwood Oil Market - Opportunity Assessment |
9.1 Barbados Sandalwood Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Barbados Sandalwood Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Barbados Sandalwood Oil Market - Competitive Landscape |
10.1 Barbados Sandalwood Oil Market Revenue Share, By Companies, 2024 |
10.2 Barbados Sandalwood Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |