| Product Code: ETC5316339 | 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 | |
Maldives` sandalwood oil import market saw a shift in concentration levels from moderate to low in 2024, with top exporting countries being Thailand, India, China, Indonesia, and Turkey. The impressive compound annual growth rate (CAGR) of 24.16% from 2020 to 2024 indicates a strong demand for sandalwood oil in the Maldives. However, the negative growth rate of -18.94% in 2024 suggests a recent decline in import volumes. Monitoring trends in these key exporting countries will be crucial to understanding the dynamics shaping the Maldives sandalwood oil market.
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 Maldives Sandalwood Oil Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Sandalwood Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Sandalwood Oil Market - Industry Life Cycle |
3.4 Maldives Sandalwood Oil Market - Porter's Five Forces |
3.5 Maldives Sandalwood Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Sandalwood Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Sandalwood Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the benefits of using natural and organic products in the beauty and wellness industry |
4.2.2 Growing demand for aromatherapy products and essential oils in the global market |
4.2.3 Rising popularity of sustainable and ethically sourced ingredients in the cosmetics and personal care sector |
4.3 Market Restraints |
4.3.1 Limited availability and high cost of sandalwood oil due to its slow growth rate and the need for sustainable harvesting practices |
4.3.2 Strict regulatory requirements and certifications for sourcing and trading sandalwood oil, impacting market access and pricing |
5 Maldives Sandalwood Oil Market Trends |
6 Maldives Sandalwood Oil Market Segmentations |
6.1 Maldives Sandalwood Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Sandalwood Oil Market Revenues & Volume, By Natural Sandalwood Oil, 2021-2031F |
6.1.3 Maldives Sandalwood Oil Market Revenues & Volume, By Lab Created Sandalwood Oil, 2021-2031F |
6.2 Maldives Sandalwood Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Sandalwood Oil Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.3 Maldives Sandalwood Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.4 Maldives Sandalwood Oil Market Revenues & Volume, By Aromatherapy, 2021-2031F |
6.2.5 Maldives Sandalwood Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Maldives Sandalwood Oil Market Import-Export Trade Statistics |
7.1 Maldives Sandalwood Oil Market Export to Major Countries |
7.2 Maldives Sandalwood Oil Market Imports from Major Countries |
8 Maldives Sandalwood Oil Market Key Performance Indicators |
8.1 Sustainability certification compliance rate of sandalwood oil producers |
8.2 Percentage increase in the use of sandalwood oil in new product formulations by major beauty and wellness brands |
8.3 Number of research studies and publications highlighting the therapeutic benefits of Maldives sandalwood oil |
9 Maldives Sandalwood Oil Market - Opportunity Assessment |
9.1 Maldives Sandalwood Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Sandalwood Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Sandalwood Oil Market - Competitive Landscape |
10.1 Maldives Sandalwood Oil Market Revenue Share, By Companies, 2024 |
10.2 Maldives Sandalwood Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |