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Agarwood Essential Oil-Global Market Insights and Sales Trends 2024
Synopsis
Agarwood, also known as Aloeswood is one of the most precious, rare and most expensive essential oil in existence today. The production of resin can take many years in the wild, like a good wine. Due to its huge cost and extreme rarity in the wild, trees are now cultivated and the resin is actually created artificially and then extracted by water distillation. Agarwood plantations have been developed in a number of countries, such as Sri Lanka and Malyasia as commercial crops specially to produce agar wood essential oils. Agarwood essential oil has a religious, traditional as well as cultural uses in many parts of the world. Superior quality agar wood is one of the most costly raw material in the world which makes agar wood essential oils among the expensive essential oil available commercially.
The global Agarwood Essential Oil market size is expected to reach US$ 172.2 million by 2029, growing at a CAGR of 3.4% from 2023 to 2029. The market is mainly driven by the significant applications of Agarwood Essential Oil in various end use industries. The expanding demands from the Cosmetics & Personal Care, Incense, Therapeutics and Others, are propelling Agarwood Essential Oil market. Natural Agarwood Essential Oil, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Organic Agarwood Essential Oil segment is estimated at % CAGR for the next seven-year period.
Key demand of Agarwood Essential Oil is driven by innovative application in personal use and pharmaceutical industry. Increasing consumer preference for natural cosmetic products & high quality aromatic fragrances is driving the market growth. The rising popularity of agarwood essential oil in aromatherapy for therapeutic effects, is creating a huge demand worldwide.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Agarwood Essential Oil, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Agarwood Essential Oil market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Agarwood Essential Oil market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Agarwood Essential Oil sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Agarwood Essential Oil covered in this report include Ji’an Zhongxiang Natural Plants, Maruti Natural Fragrances, Xi’an Natural Field Bio-Technique and Hoang Giang Agarwood Company Limited, etc.
The global Agarwood Essential Oil market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Ji’an Zhongxiang Natural Plants
Maruti Natural Fragrances
Xi’an Natural Field Bio-Technique
Hoang Giang Agarwood Company Limited
Global Agarwood Essential Oil market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Agarwood Essential Oil market, Segment by Type:
Natural Agarwood Essential Oil
Organic Agarwood Essential Oil
Global Agarwood Essential Oil market, by Application
Cosmetics & Personal Care
Incense
Therapeutics
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Agarwood Essential Oil manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Agarwood Essential Oil in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Agarwood, also known as Aloeswood is one of the most precious, rare and most expensive essential oil in existence today. The production of resin can take many years in the wild, like a good wine. Due to its huge cost and extreme rarity in the wild, trees are now cultivated and the resin is actually created artificially and then extracted by water distillation. Agarwood plantations have been developed in a number of countries, such as Sri Lanka and Malyasia as commercial crops specially to produce agar wood essential oils. Agarwood essential oil has a religious, traditional as well as cultural uses in many parts of the world. Superior quality agar wood is one of the most costly raw material in the world which makes agar wood essential oils among the expensive essential oil available commercially.
The global Agarwood Essential Oil market size is expected to reach US$ 172.2 million by 2029, growing at a CAGR of 3.4% from 2023 to 2029. The market is mainly driven by the significant applications of Agarwood Essential Oil in various end use industries. The expanding demands from the Cosmetics & Personal Care, Incense, Therapeutics and Others, are propelling Agarwood Essential Oil market. Natural Agarwood Essential Oil, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Organic Agarwood Essential Oil segment is estimated at % CAGR for the next seven-year period.
Key demand of Agarwood Essential Oil is driven by innovative application in personal use and pharmaceutical industry. Increasing consumer preference for natural cosmetic products & high quality aromatic fragrances is driving the market growth. The rising popularity of agarwood essential oil in aromatherapy for therapeutic effects, is creating a huge demand worldwide.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Agarwood Essential Oil, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Agarwood Essential Oil market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Agarwood Essential Oil market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Agarwood Essential Oil sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Agarwood Essential Oil covered in this report include Ji’an Zhongxiang Natural Plants, Maruti Natural Fragrances, Xi’an Natural Field Bio-Technique and Hoang Giang Agarwood Company Limited, etc.
The global Agarwood Essential Oil market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Ji’an Zhongxiang Natural Plants
Maruti Natural Fragrances
Xi’an Natural Field Bio-Technique
Hoang Giang Agarwood Company Limited
Global Agarwood Essential Oil market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Agarwood Essential Oil market, Segment by Type:
Natural Agarwood Essential Oil
Organic Agarwood Essential Oil
Global Agarwood Essential Oil market, by Application
Cosmetics & Personal Care
Incense
Therapeutics
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Agarwood Essential Oil manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Agarwood Essential Oil in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Agarwood Essential Oil Market Overview
1.1 Agarwood Essential Oil Product Overview
1.2 Agarwood Essential Oil Market Segment by Type
1.2.1 Natural Agarwood Essential Oil
1.2.2 Organic Agarwood Essential Oil
1.3 Global Agarwood Essential Oil Market Size by Type
1.3.1 Global Agarwood Essential Oil Market Size Overview by Type (2018-2029)
1.3.2 Global Agarwood Essential Oil Historic Market Size Review by Type (2018-2023)
1.3.3 Global Agarwood Essential Oil Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Agarwood Essential Oil Sales Breakdown by Type (2018-2023)
1.4.2 Europe Agarwood Essential Oil Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Agarwood Essential Oil Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Agarwood Essential Oil Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Agarwood Essential Oil Sales Breakdown by Type (2018-2023)
2 Global Agarwood Essential Oil Market Competition by Company
2.1 Global Top Players by Agarwood Essential Oil Sales (2018-2023)
2.2 Global Top Players by Agarwood Essential Oil Revenue (2018-2023)
2.3 Global Top Players by Agarwood Essential Oil Price (2018-2023)
2.4 Global Top Manufacturers Agarwood Essential Oil Manufacturing Base Distribution, Sales Area, Product Type
2.5 Agarwood Essential Oil Market Competitive Situation and Trends
2.5.1 Agarwood Essential Oil Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Agarwood Essential Oil Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Agarwood Essential Oil as of 2022)
2.7 Date of Key Manufacturers Enter into Agarwood Essential Oil Market
2.8 Key Manufacturers Agarwood Essential Oil Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Agarwood Essential Oil Status and Outlook by Region
3.1 Global Agarwood Essential Oil Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Agarwood Essential Oil Historic Market Size by Region
3.2.1 Global Agarwood Essential Oil Sales in Volume by Region (2018-2023)
3.2.2 Global Agarwood Essential Oil Sales in Value by Region (2018-2023)
3.2.3 Global Agarwood Essential Oil Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Agarwood Essential Oil Forecasted Market Size by Region
3.3.1 Global Agarwood Essential Oil Sales in Volume by Region (2024-2029)
3.3.2 Global Agarwood Essential Oil Sales in Value by Region (2024-2029)
3.3.3 Global Agarwood Essential Oil Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Agarwood Essential Oil by Application
4.1 Agarwood Essential Oil Market Segment by Application
4.1.1 Cosmetics & Personal Care
4.1.2 Incense
4.1.3 Therapeutics
4.1.4 Others
4.2 Global Agarwood Essential Oil Market Size by Application
4.2.1 Global Agarwood Essential Oil Market Size Overview by Application (2018-2029)
4.2.2 Global Agarwood Essential Oil Historic Market Size Review by Application (2018-2023)
4.2.3 Global Agarwood Essential Oil Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Agarwood Essential Oil Sales Breakdown by Application (2018-2023)
4.3.2 Europe Agarwood Essential Oil Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Agarwood Essential Oil Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Agarwood Essential Oil Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Agarwood Essential Oil Sales Breakdown by Application (2018-2023)
5 North America Agarwood Essential Oil by Country
5.1 North America Agarwood Essential Oil Historic Market Size by Country
5.1.1 North America Agarwood Essential Oil Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Agarwood Essential Oil Sales in Volume by Country (2018-2023)
5.1.3 North America Agarwood Essential Oil Sales in Value by Country (2018-2023)
5.2 North America Agarwood Essential Oil Forecasted Market Size by Country
5.2.1 North America Agarwood Essential Oil Sales in Volume by Country (2024-2029)
5.2.2 North America Agarwood Essential Oil Sales in Value by Country (2024-2029)
6 Europe Agarwood Essential Oil by Country
6.1 Europe Agarwood Essential Oil Historic Market Size by Country
6.1.1 Europe Agarwood Essential Oil Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Agarwood Essential Oil Sales in Volume by Country (2018-2023)
6.1.3 Europe Agarwood Essential Oil Sales in Value by Country (2018-2023)
6.2 Europe Agarwood Essential Oil Forecasted Market Size by Country
6.2.1 Europe Agarwood Essential Oil Sales in Volume by Country (2024-2029)
6.2.2 Europe Agarwood Essential Oil Sales in Value by Country (2024-2029)
7 Asia-Pacific Agarwood Essential Oil by Region
7.1 Asia-Pacific Agarwood Essential Oil Historic Market Size by Region
7.1.1 Asia-Pacific Agarwood Essential Oil Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Agarwood Essential Oil Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Agarwood Essential Oil Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Agarwood Essential Oil Forecasted Market Size by Region
7.2.1 Asia-Pacific Agarwood Essential Oil Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Agarwood Essential Oil Sales in Value by Region (2024-2029)
8 Latin America Agarwood Essential Oil by Country
8.1 Latin America Agarwood Essential Oil Historic Market Size by Country
8.1.1 Latin America Agarwood Essential Oil Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Agarwood Essential Oil Sales in Volume by Country (2018-2023)
8.1.3 Latin America Agarwood Essential Oil Sales in Value by Country (2018-2023)
8.2 Latin America Agarwood Essential Oil Forecasted Market Size by Country
8.2.1 Latin America Agarwood Essential Oil Sales in Volume by Country (2024-2029)
8.2.2 Latin America Agarwood Essential Oil Sales in Value by Country (2024-2029)
9 Middle East and Africa Agarwood Essential Oil by Country
9.1 Middle East and Africa Agarwood Essential Oil Historic Market Size by Country
9.1.1 Middle East and Africa Agarwood Essential Oil Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Agarwood Essential Oil Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Agarwood Essential Oil Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Agarwood Essential Oil Forecasted Market Size by Country
9.2.1 Middle East and Africa Agarwood Essential Oil Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Agarwood Essential Oil Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Ji’an Zhongxiang Natural Plants
10.1.1 Ji’an Zhongxiang Natural Plants Company Information
10.1.2 Ji’an Zhongxiang Natural Plants Introduction and Business Overview
10.1.3 Ji’an Zhongxiang Natural Plants Agarwood Essential Oil Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Ji’an Zhongxiang Natural Plants Agarwood Essential Oil Products Offered
10.1.5 Ji’an Zhongxiang Natural Plants Recent Development
10.2 Maruti Natural Fragrances
10.2.1 Maruti Natural Fragrances Company Information
10.2.2 Maruti Natural Fragrances Introduction and Business Overview
10.2.3 Maruti Natural Fragrances Agarwood Essential Oil Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Maruti Natural Fragrances Agarwood Essential Oil Products Offered
10.2.5 Maruti Natural Fragrances Recent Development
10.3 Xi’an Natural Field Bio-Technique
10.3.1 Xi’an Natural Field Bio-Technique Company Information
10.3.2 Xi’an Natural Field Bio-Technique Introduction and Business Overview
10.3.3 Xi’an Natural Field Bio-Technique Agarwood Essential Oil Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Xi’an Natural Field Bio-Technique Agarwood Essential Oil Products Offered
10.3.5 Xi’an Natural Field Bio-Technique Recent Development
10.4 Hoang Giang Agarwood Company Limited
10.4.1 Hoang Giang Agarwood Company Limited Company Information
10.4.2 Hoang Giang Agarwood Company Limited Introduction and Business Overview
10.4.3 Hoang Giang Agarwood Company Limited Agarwood Essential Oil Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Hoang Giang Agarwood Company Limited Agarwood Essential Oil Products Offered
10.4.5 Hoang Giang Agarwood Company Limited Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Agarwood Essential Oil Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Agarwood Essential Oil Industrial Chain Analysis
11.4 Agarwood Essential Oil Market Dynamics
11.4.1 Agarwood Essential Oil Industry Trends
11.4.2 Agarwood Essential Oil Market Drivers
11.4.3 Agarwood Essential Oil Market Challenges
11.4.4 Agarwood Essential Oil Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Agarwood Essential Oil Distributors
12.3 Agarwood Essential Oil Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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