Global Sandalwood Oil Market to Reach $149.1 Million by 2026

SAN FRANCISCO, Sept. 15, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Sandalwood Oil - Global Market Trajectory & Analytics." The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 352
Companies: 41 - Players covered include Karnataka Soaps & Detergents Limited; Katyani Exports; Quintis (Australia) Pty Ltd.; R K - Essential Oils Company; Santanol Group and Others.
Coverage: All major geographies and key segments
Segments: Segment (Sandalwood Oil)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Sandalwood Oil Market to Reach $149.1 Million by 2026
Amid the COVID-19 crisis, the global market for Sandalwood Oil estimated at US$87.3 Million in the year 2020, is projected to reach a revised size of US$149.1 Million by 2026, growing at a CAGR of 9.1% over the analysis period.

The U.S. Market is Estimated at $25.9 Million in 2021, While China is Forecast to Reach $30.2 Million by 2026
The Sandalwood Oil market in the U.S. is estimated at US$25.9 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$30.2 Million by the year 2026 trailing a CAGR of 12.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.2% and 7.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.1% CAGR. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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