Philippines Sandalwood Oil Market (2025-2031) Outlook | Trends, Industry, Companies, Share, Growth, Size, Forecast, Value, Analysis & Revenue

philippines sandalwood oil market Synopsis

The sandalwood oil market size in Philippines was estimated at USD 11 million in 2025 and is expected to grow at an average annual rate of 6. 2%, during the forecast period owing to its high demand from cosmetics industry for manufacturing several beauty care products due to its therapeutic properties which helps reduce stress & anxiety levels apart from providing nourishment & moisturization to skin cells along with anti-aging benefits. In addition, increasing awareness regarding health benefits associated with using organic essential oils has led manufacturers shift their focus towards developing bio based sandalwood oil derived through distillation process which will positively influence business outlook throughout forecast timeline.

Drivers of the Market

The Philippines sandalwood oil market is driven by the global demand for sandalwood products in perfumery, cosmetics, aromatherapy, and traditional medicines. Sandalwood oil is known for its aromatic and therapeutic properties, making it a sought-after ingredient in luxury perfumes and skincare products. Additionally, sandalwood oil is used in cultural and religious practices, further contributing to its demand. The limited availability of natural sandalwood resources and sustainable sourcing challenges enhance the value of high-quality sandalwood oil. As the demand for natural and premium ingredients persists, the Philippines sandalwood oil market is expected to witness positive growth.

Challenges of the Market

Challenges in the sandalwood oil market may involve sustainable sourcing of sandalwood due to its endangered status in some regions. Addressing legality and ethical concerns related to sourcing and extraction could be significant challenges for the industry.

COVID-19 Impact on the Market

The pandemic`s impact on the sandalwood oil market could be twofold. On one hand, disruptions in international trade and supply chains might have affected the availability of raw materials. On the other hand, the decreased demand for luxury and cosmetic products could have influenced the demand for sandalwood oil.

Key Players in the Market

Major players operating in the Philippine sandalwood oil market include Kama Ayurveda Pvt Ltd., Oudh Scent Company, Young Living Essential Oils India Private Limited, Auravedic Wellness Private Limited, Fabindia Overseas Pvt Ltd., Phyto Aromatica Inc., The Fragrance Factory Exports Corporation (TFFC), Yash Aroma Exports LLP, Ryaal Essentials LLC., Moksh Agarbatti Co., and many others.

Key Highlights of the Report:

• Philippines Sandalwood Oil Market Outlook
• Market Size of Philippines Sandalwood Oil Market, 2024
• Forecast of Philippines Sandalwood Oil Market, 2031
• Historical Data and Forecast of Philippines Sandalwood Oil Revenues & Volume for the Period 2021-2031
• Philippines Sandalwood Oil Market Trend Evolution
• Philippines Sandalwood Oil Market Drivers and Challenges
• Philippines Sandalwood Oil Price Trends
• Philippines Sandalwood Oil Porter's Five Forces
• Philippines Sandalwood Oil Industry Life Cycle
• Historical Data and Forecast of Philippines Sandalwood Oil Market Revenues & Volume By Type for the Period 2021-2031
• Historical Data and Forecast of Philippines Sandalwood Oil Market Revenues & Volume By Natural Sandalwood Oil for the Period 2021-2031
• Historical Data and Forecast of Philippines Sandalwood Oil Market Revenues & Volume By Lab Created Sandalwood Oil for the Period 2021-2031
• Historical Data and Forecast of Philippines Sandalwood Oil Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of Philippines Sandalwood Oil Market Revenues & Volume By Personal Care for the Period 2021-2031
• Historical Data and Forecast of Philippines Sandalwood Oil Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
• Historical Data and Forecast of Philippines Sandalwood Oil Market Revenues & Volume By Aromatherapy for the Period 2021-2031
• Historical Data and Forecast of Philippines Sandalwood Oil Market Revenues & Volume By Others for the Period 2021-2031
• Philippines Sandalwood Oil Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• Philippines Sandalwood Oil Top Companies Market Share
• Philippines Sandalwood Oil Competitive Benchmarking By Technical and Operational Parameters
• Philippines Sandalwood Oil Company Profiles
• Philippines Sandalwood Oil Key Strategic Recommendations