Sandalwood Market Poised to Hit USD 583.1 Million by 2031,...

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2026-06-09 06:53:09 - Translate -

Sandalwood Market Poised to Hit USD 583.1 Million by 2031, Propelled by Natural Fragrance Demand and Luxury Goods Expansion

The global Sandalwood Market, valued at USD 358.3 million in 2023, is on a compelling growth trajectory, projected to reach USD 583.1 million by 2031 at a CAGR of 6.36%. This expansion is being driven by deepening consumer preference for natural, sustainably sourced fragrances and the broad spectrum of applications spanning cosmetics, pharmaceuticals, aromatherapy, and luxury goods...

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