Market Research Future (Food and Beverages) Sandalwood Oil Market Research Report- Forecast to | Page 4

Sandalwood Oil Market Research Report- Forecast to 2023 3 Sample Pages Sandalwood oil market is segmented on the basis of type into natural and synthetic. Out of this, natural sandalwood oil is growing compared to synthetic sandalwood oil due to certain allergic effects caused among consumers with a sensitive skin, from chemicals used in synthetic sandalwood oil. On the basis of application, sandalwood oil is segmented on the basis of personal care products, pharmaceuticals, aromatherapy and others. Among all, personal care products is dominating the market. Increasing demand of fragrant personal care products among the rising population is playing a vital role in increasing application of sandalwood oil in personal care industry. Based on the distribution channel, sandalwood oil is segmented as store based and non-store based. Store based distribution channel is dominating the market based on one-stop shopping experience. However, non-store based distribution channel is witnessing a moderate growth. Regional Analysis: The global sandalwood oil market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). Asia Pacific is dominating the market followed by North America. China and India are dominating the sandalwood oil market in Asia Pacific based on the historic presence of sandalwood oil in the customs and traditions of this region. European market is attracting sandalwood oil majorly for aromatherapy. Moreover, Middle East and Africa hold an opportunistic market for sandalwood oil. Additionally, the U.S., China, Japan, Germany and Singapore are the major importers in this market. Page | 4 Copyright © 2017 Market Research Future.