Key players and their Offerings
- Biofinest: The company offers agarwood essential oil for aromatherapy.
- Biolandes Aromes SAS: The company offers agarwood essential oil such as for perfumery, cosmetics, nutraceutical, and aromatherapy industries.
- Deve Herbes: The company offers agarwood essential oil such as Deve Herbes Pure Agarwood (Oud) Essential Oil.
- Essential Oil Wizardry: The company offers agarwood essential oil such as Oudh oil.
- Gritman Corp.: The company offers agarwood essential oil such as Gritman Agarwood Essential Oil.
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Agarwood Essential Oil Market 2022-2026: Segmentation
- Application
- Cosmetics And Personal Care
- Incense
- Therapeutics
- Others
- Geography
- Europe
- North America
- APAC
- South America
- MEA
Based on application, the market share growth of the cosmetics and personal care segment is expected to be significant during the forecast period. The rising health and skincare awareness among consumers has enhanced the need for agarwood essential oils for cosmetics and personal care applications.
Based on geography, Europe is expected to account for 36% of the market's growth during the forecast period, with Germany and the Netherlands being the key countries. Market growth in this region will be faster than the growth of the market in South America and MEA.
For more information about the various market segments and their impact, View Our Sample
Drivers and Challenges
The agarwood essential oil market is driven by expanding retail space, health benefits of agarwood essential oils, and increasing applications across various industries. However, factors such as the increasing availability of counterfeit products may impede the market growth.
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Agarwood Essential Oil Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.72% |
Market growth 2022-2026 |
USD 968.26 million |
Market structure |
Fragmented |
YoY growth (%) |
6.22 |
Regional analysis |
Europe, North America, APAC, South America, and MEA |
Performing market contribution |
Europe at 36% |
Key consumer countries |
US, Germany, The Netherlands, Canada, and China |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Biofinest, Biolandes Aromes SAS, Deve Herbes, Essential Oil Wizardry, Gritman Corp., Hoang Giang Agarwood Ltd., Jian ZhongXiang Natural Plants Co. Ltd., Katyani Exports, Maruti Natural Fragrances, and Nusaroma |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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