Agarwood Essential Oil Market

Agarwood Essential Oil Market Study by Organic and Conventional for Cosmetics & Personal Care, Incense, Therapeutics, Food & Beverages, and Pharmaceuticals from 2024 to 2034

Analysis of Agarwood Essential Oil Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Agarwood Essential Oil Market Outlook (2024 to 2034)

The global agarwood essential oil market is calculated at a value of US$ 140.9 million for 2024 and is forecasted to climb to US$ 224.6 million by the end of 2034. Global demand for agarwood essential oil is predicted to rise at a steady 4.7% CAGR from 2024 to 2034.

The olfactory splendor of agarwood is known around the world, and agarwood essential oil can easily be termed “liquid gold” in the modern world owing to its rarity and sky-high prices. Agarwood essential oil is also known to the world as one of the most expensive raw materials on the planet.

Agarwood essential oil is also popularly known as Oud oil, which refers to the Arabic name of agarwood. The oil is extracted from the agarwood tree’s heartwood after it becomes infested, and this is what makes it a rare commodity. Agarwood essential oil is extensively used in the making of perfumes and incense products owing to its distinct aromatic properties.

  • In 2020, Khalm Skincare, a new skincare company founded in 2017, announced the launch of new skincare products that utilize the qualities of agarwood/Oud essential oils. The range included a foaming cleanser, a mattifying moisturizer, and an overnight oil elixir to provide a complete skincare solution powered by Oud essential oil.

Rising demand for functional ingredients in products is also projected to favor sales of agarwood essential oil through 2034. The increasing preference of consumers for alternative medicine and unorthodox healing practices is also forecasted to contribute to the growing agarwood essential oil market size in all parts of the world.

  • Therapeutic applications of agarwood essential oil are projected to account for 21.43% share of the market by 2034.

“Extensive Use of Agarwood Essential Oil in Aromatherapy”

Agarwood essential oil can fight cancer cells, reduce inflammation, calm nerves, and promote healthy sleep. It is also popularly used as an antidepressant in some parts of the world. As agarwood essential oil continues to gain popularity worldwide, its advantages are contributing to its widespread use in aromatherapy. This increased popularity is predicted to have a positive impact on agarwood essential oil sales in the future.

On the flip side, the expensive nature of agarwood essential oil makes it a priority target for makers of counterfeit products. This is why the market is full of counterfeit products, thereby inhibiting global agarwood essential oil market growth.

Report Attributes Details
Agarwood Essential Oil Market Size (2024E) US$ 140.9 Million
Projected Market Value (2034F) US$ 224.6 Million
Global Market Growth Rate (2024 to 2034) 4.7% CAGR
North America Market Value (2024E) US$ 27.5 Million
East Asia Market Share (2034F) 26.6%
South Korea Market Growth Rate (2024 to 2034) 6.4% CAGR
Japan Market Value (2024E) US$ 5.6 Million
Revenue Share of United States in North American Market (2034F) 79.4%
Organic Agarwood Essential Oil Segment Value (2024E) US$ 81 Million
Key Companies Profiled
  • Biofinest USA
  • SVA Naturals
  • Dauper S.A.
  • Aromaaz International
  • Nusaroma
  • BIOLANDES SAS
  • Hoang Giang Agarwood Ltd.
  • Katyani Exports
  • Essential Oil Wizardry
  • Tien Phuoc Co. Ltd.
  • Gritman Essential Oils
  • Kush Aroma Exports

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What Makes Europe a Haven for Agarwood Essential Oil Providers?

“Growing Demand for Organic and Clean Label Ingredients in Personal Care Products”

Europe is home to some of the most prominent manufacturers of cosmetics and personal care products in the world. These companies are focusing on the adoption of organic and clean-label ingredients in their products to meet changing consumer demands, which is why agarwood essential oil sales are projected to shine bright in European countries over the coming years.

An increasing number of high net-worth individuals and their willingness to spend extra on premium personal care products with exclusive ingredients such as Oud oil are also predicted to augment demand for agarwood essential oil in Europe through 2034. France, Germany, Spain, and the United Kingdom are forecasted to maintain their reputation as investment-worthy markets for agarwood essential oil vendors in the European region over the next ten years and beyond.

Fact.MR, a market research and competitive intelligence provider, in this latest agarwood essential oil market study report, gives a detailed regional analysis of the industry with factors such as local supply, pricing trends, product standards, safety regulations, and new developments driving market growth.

Country-wise Insights

Apart from investing in the European region, agarwood essential oil vendors can focus on countries such as Japan, India, China, Saudi Arabia, the UAE, the United States, and Malaysia to amplify their business reach on a global scale.

Which East Asian Country Should Agarwood Essential Oil Suppliers Target?

“Agarwood Essential Oil Manufacturers Benefiting from High Demand for Natural Fragrances in China”

Attribute China
Market Value (2024E) US$ 28.4 Million
Growth Rate (2024 to 2034) 4.8% CAGR
Projected Value (2034F) US$ 45.4 Million

China is projected to account for a 77.1% share of the East Asian market by 2034. Agarwood has a significant place in Chinese culture, as it has been used in religious ceremonies and traditional medicine in the country for several centuries. This cultural association with agarwood makes China a highly remunerative space for all types of agarwood essential oil companies in the future.

Growing disposable income, rising willingness to spend on premium products, high demand for natural fragrances, and the surging popularity of aromatherapy are other key prospects that will uplift the consumption of agarwood essential oil in China over the coming years.

What Makes the United Arab Emirates a Lucrative Market for Agarwood Essential Oil Suppliers?

“Increasing Demand for Oud Fragrance Products from Prominent Fragrance Brands”

Agarwood is known as Oud in Arabic, and it has been popular in the Middle Eastern region for quite a while now. The United Arab Emirates is home to some of the most prominent fragrance brands in the world, and this is what makes it a highly lucrative market for agarwood essential oil companies.

Oud is a preferred fragrance among people living in the Middle East, and brands like Ajmal, Rasasi, Arabian Oud, Swiss Arabian, etc. are extensively focusing on launching new Oud fragrance products to maximize their business, which allows the UAE to become a prominent market on the global agarwood essential oil marketplace.

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Category-wise Insights

Agarwood essential oil manufacturers are focusing on supplying conventional agarwood essential oil for cosmetics and personal care use to make the most of their investments and boost revenue generation.

Which Type of Agarwood Essential Oil is Most Extensively Used?

“High Demand for Conventional Agarwood Essential Oil Due to its High Value and Scarcity”

Attribute Conventional
Segment Value (2024E) US$ 91 Million
Growth Rate (2024 to 2034) 4.6% CAGR
Projected Value (2034F) US$ 143 Million

Agarwood essential oil is an extremely expensive product, and getting its organic version is not commercially viable for many companies that use it in their products, which is why sales of conventional agarwood essential oil take precedence on a global level.

The surging popularity of the Oud scent in perfumes, incense, and personal care products is projected to bolster sales of conventional agarwood essential oil in the long run. Meanwhile, demand for organic agarwood essential oil is projected to rise among consumers as awareness of organic products increases.

Which Industry Accounts for Widespread Use of Agarwood Oil?

"Extensive Use of Agarwood Essential Oil in Cosmetics & Personal Care Products"

Attribute Cosmetics & Personal Care
Segment Value (2024E) US$ 63 Million
Growth Rate (2024 to 2034) 4.4% CAGR
Projected Value (2034F) US$ 97 Million

Consumer awareness regarding the benefits of functional ingredients is increasing around the world, which is pushing cosmetics and personal care product manufacturers to incorporate ingredients such as bergamot oil, citrus essential oil, peppermint oil, and agarwood essential oil.

Agarwood essential oil also has several benefits for skin and hair, which is why its use is projected to skyrocket in the personal care and cosmetics industry. The growing willingness of consumers to spend on premium personal care products is also a factor that is promoting agarwood essential oil sales in this segment.

Competitive Landscape

Agarwood essential oil distributors are projected to benefit from the growing use of functional ingredients in the formulation of various personal care and cosmetic products.

In September 2023, Kayali Perfumes, a fragrance brand launched in 2018 by Mona Kattan, co-founder of HUDA BEAUTY, announced the launch of a new line of Oud perfumes. The range contains four fragrances ranging from light to intense scents to give consumers a rich fragrant experience.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Key Segments of Agarwood Essential Oil Market Research

  • By Nature :

    • Organic
    • Conventional
  • By Application :

    • Cosmetics & Personal Care
    • Incense
    • Therapeutics
    • Food & Beverages
    • Pharmaceuticals
    • Others
  • By Distribution Channel :

    • Business-to-Business
    • Business-to-Consumer
      • Specialty Drug Stores
      • Supermarkets/Hypermarkets
      • e-Commerce
      • Convenience Stores
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • Middle East & Africa

Table of Content

1. Global Market - Executive Summary

    1.1. Global Market Overview

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Fact.MR Analysis and Recommendations

2. Global Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Introduction and Definition

3. Market Risks and Trends Assessment

    3.1. Risk Assessment

        3.1.1. COVID-19 Impact Benchmark with Previous Crisis

            3.1.1.1. Change in Demand

            3.1.1.2. Before and After COVID-19 Crisis (Projected)

            3.1.1.3. Before and After Sub-prime Crisis – 2008 (Actual)

            3.1.1.4. Change in Demand Post-Recovery Period (After Each Crisis)

        3.1.2. Impact on Market and Value (US$ Mn)

            3.1.2.1. Likely Loss of Value in 2023

            3.1.2.2. Mid-term and Long-term Forecasts

            3.1.2.3. Quarter by Quarter Demand and Recovery Assessment

        3.1.3. Anticipated Demand and Value Recovery Curve

            3.1.3.1. Likelihood of U-Shape Recovery

            3.1.3.2. Likelihood of L-Shape Recovery

        3.1.4. Recovery Period Assessment by Key Countries

        3.1.5. Recovery Assessment by Key Market Segments

        3.1.6. Action Points and Recommendations for Suppliers

        3.1.7. Impact on Trade Balance

    3.2. Key Trends Impacting the Market

    3.3. Formulation and Nature Development Trends

4. Market Background and Foundation Data Points

    4.1. Need of the Hour for Industries

    4.2. Industry Wise Industry 4.0

    4.3. – Strategic Priorities

    4.4. Life Cycle Stage

    4.5. Importance of Technology

    4.6. Use Cases of Agarwood Essential Oil

    4.7. Forecast Factors: Relevance and Impact

    4.8. Investment Feasibility Matrix

    4.9. PESTLE Analysis

    4.10. Porter’s Five Forces Analysis

    4.11. Market Dynamics

        4.11.1. Drivers

        4.11.2. Restraints

        4.11.3. Opportunity Analysis

        4.11.4. Trend

5. Global Market Demand (US$ Mn) Analysis 2018 to 2023 and Forecast, 2024 to 2034

    5.1. Historical Market Value (US$ Mn) Analysis, 2018 to 2023

    5.2. Current and Future Market Value (US$ Mn) Projections, 2024 to 2034

        5.2.1. Y-o-Y Growth Trend Analysis

        5.2.2. Absolute $ Opportunity Analysis

6. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Nature

    6.1. Introduction / Key Findings

    6.2. Historical Market Value (US$ Mn) Analysis By Nature, 2018 to 2023

    6.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Nature, 2024 to 2034

        6.3.1. Organic

        6.3.2. Conventional

    6.4. Market Attractiveness Analysis By Nature

7. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Application

    7.1. Introduction / Key Findings

    7.2. Historical Market Value (US$ Mn) Analysis By Application, 2018 to 2023

    7.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Application, 2024 to 2034

        7.3.1. Cosmetics & Personal Care

        7.3.2. Incense

        7.3.3. Therapeutics

        7.3.4. Food & Beverages

        7.3.5. Pharmaceuticals

        7.3.6. Others

    7.4. Market Attractiveness Analysis By Application

8. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Distribution Channel

    8.1. Introduction / Key Findings

    8.2. Historical Market Value (US$ Mn) Analysis By Distribution Channel, 2018 to 2023

    8.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Distribution Channel, 2024 to 2034

        8.3.1. Business-to-Business

        8.3.2. Business-to-Consumer

    8.4. Market Attractiveness Analysis By Distribution Channel

9. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Region

    9.1. Introduction / Key Findings

    9.2. Historical Market Value (US$ Mn) Analysis By Region, 2018 to 2023

    9.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034

        9.3.1. North America

        9.3.2. Latin America

        9.3.3. Europe

        9.3.4. East Asia

        9.3.5. South Asia & Oceania

        9.3.6. Middle East and Africa (MEA)

    9.4. Market Attractiveness Analysis By Region

10. North America Market Analysis 2018 to 2023 and Forecast 2024 to 2034

    10.1. Introduction / Key Findings

    10.2. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023

    10.3. Market Value (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034

        10.3.1. By Country

            10.3.1.1. United States

            10.3.1.2. Canada

        10.3.2. By Nature

        10.3.3. By Application

    10.4. Market Attractiveness Analysis

        10.4.1. By Country

        10.4.2. By Nature

        10.4.3. By Application

11. Latin America Market Analysis 2018 to 2023 and Forecast 2024 to 2034

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023

    11.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034

        11.3.1. By Country

            11.3.1.1. Brazil

            11.3.1.2. Mexico

            11.3.1.3. Rest of Latin America

        11.3.2. By Nature

        11.3.3. By Application

        11.3.4. By Distribution Channel

    11.4. Market Attractiveness Analysis

        11.4.1. By Country

        11.4.2. By Nature

        11.4.3. By Application

        11.4.4. By Distribution Channel

12. Europe Market Analysis 2018 to 2023 and Forecast 2024 to 2034

    12.1. Introduction / Key Findings

    12.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023

    12.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034

        12.3.1. By Country

            12.3.1.1. Germany

            12.3.1.2. France

            12.3.1.3. Italy

            12.3.1.4. Spain

            12.3.1.5. United Kingdom

            12.3.1.6. BENELUX

            12.3.1.7. Russia

            12.3.1.8. Rest of Europe

        12.3.2. By Nature

        12.3.3. By Application

        12.3.4. By Distribution Channel

    12.4. Market Attractiveness Analysis

        12.4.1. By Country

        12.4.2. By Nature

        12.4.3. By Application

        12.4.4. By Distribution Channel

13. East Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034

    13.1. Introduction / Key Findings

    13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023

    13.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034

        13.3.1. By Country

            13.3.1.1. China

            13.3.1.2. Japan

            13.3.1.3. South Korea

        13.3.2. By Nature

        13.3.3. By Application

        13.3.4. By Distribution Channel

    13.4. Market Attractiveness Analysis

        13.4.1. By Country

        13.4.2. By Nature

        13.4.3. By Application

        13.4.4. By Distribution Channel

14. South Asia & Oceania Market Analysis 2018 to 2023 and Forecast 2024 to 2034

    14.1. Introduction / Key Findings

    14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023

    14.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034

        14.3.1. By Country

            14.3.1.1. India

            14.3.1.2. Thailand

            14.3.1.3. Malaysia

            14.3.1.4. Singapore

            14.3.1.5. Vietnam

            14.3.1.6. ANZ

            14.3.1.7. Rest of South Asia & Oceania

        14.3.2. By Nature

        14.3.3. By Application

        14.3.4. By Distribution Channel

    14.4. Market Attractiveness Analysis

        14.4.1. By Country

        14.4.2. By Nature

        14.4.3. By Application

        14.4.4. By Distribution Channel

15. Middle East and Africa Market Analysis 2018 to 2023 and Forecast 2024 to 2034

    15.1. Introduction / Key Findings

    15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023

    15.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034

        15.3.1. By Country

            15.3.1.1. GCC Countries

            15.3.1.2. South Africa

            15.3.1.3. Israel

            15.3.1.4. Rest of Middle East and Africa (MEA)

        15.3.2. By Nature

        15.3.3. By Application

        15.3.4. By Distribution Channel

    15.4. Market Attractiveness Analysis

        15.4.1. By Country

        15.4.2. By Nature

        15.4.3. By Application

        15.4.4. By Distribution Channel

16. Market Structure Analysis

    16.1. Market Analysis by Tier of Companies

    16.2. Market Concentration

    16.3. Market Share Analysis of Top Players

    16.4. Market Presence Analysis

17. Competition Analysis

    17.1. Competition Dashboard

    17.2. Competition Benchmarking

    17.3. Competition Deep Dive

    17.4. Biofinest USA

        17.4.1. Company Overview

        17.4.2. Nature Overview

        17.4.3. SWOT Analysis

        17.4.4. Key Developments

    17.5. SVA Naturals

    17.6. Dauper S.A.

    17.7. Aromaaz International

    17.8. Nusaroma

    17.9. BIOLANDES SAS

    17.10. Hoang Giang Agarwood Ltd.

    17.11. Katyani Exports

    17.12. Essential Oil Wizardry

    17.13. Tien Phuoc Co. Ltd.

    17.14. Gritman Essential Oils

    17.15. Kush Aroma Exports

18. Assumptions and Acronyms Used

19. Research Methodology

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List Of Table

Table 1: Global Market Value (US$ Mn) Analysis, by Nature, 2018 to 2023

Table 2: Global Market Value (US$ Mn) Analysis, by Nature, 2024 to 2034

Table 3: Global Market Value (US$ Mn) Opportunity Analysis, by Nature, 2024 to 2034

Table 4: Global Market Value (US$ Mn) Analysis, by Application, 2018 to 2023

Table 5: Global Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 6: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 7: Global Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2023

Table 8: Global Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 9: Global Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2018 to 2023

Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034

Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034

Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2018 to 2023

Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 16: North America Market Value (US$ Mn) Analysis, by Nature, 2018 to 2023

Table 17: North America Market Value (US$ Mn) Analysis, by Nature, 2024 to 2034

Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Nature, 2024 to 2034

Table 19: North America Market Value (US$ Mn) Analysis, by Application, 2018 to 2023

Table 20: North America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 22: North America Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2023

Table 23: North America Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2018 to 2023

Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 28: Latin America Market Value (US$ Mn) Analysis, by Nature, 2018 to 2023

Table 29: Latin America Market Value (US$ Mn) Analysis, by Nature, 2024 to 2034

Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Nature, 2024 to 2034

Table 31: Latin America Market Value (US$ Mn) Analysis, by Application, 2018 to 2023

Table 32: Latin America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 34: Latin America Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2023

Table 35: Latin America Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2018 to 2023

Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 40: Europe Market Value (US$ Mn) Analysis, by Nature, 2018 to 2023

Table 41: Europe Market Value (US$ Mn) Analysis, by Nature, 2024 to 2034

Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Nature, 2024 to 2034

Table 43: Europe Market Value (US$ Mn) Analysis, by Application, 2018 to 2023

Table 44: Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 46: Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2023

Table 47: Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2018 to 2023

Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 52: East Asia Market Value (US$ Mn) Analysis, by Nature, 2018 to 2023

Table 53: East Asia Market Value (US$ Mn) Analysis, by Nature, 2024 to 2034

Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Nature, 2024 to 2034

Table 55: East Asia Market Value (US$ Mn) Analysis, by Application, 2018 to 2023

Table 56: East Asia Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 58: East Asia Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2023

Table 59: East Asia Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2018 to 2023

Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Nature, 2018 to 2023

Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Nature, 2024 to 2034

Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Nature, 2024 to 2034

Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2018 to 2023

Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2023

Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2018 to 2023

Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 76: MEA Market Value (US$ Mn) Analysis, by Nature, 2018 to 2023

Table 77: MEA Market Value (US$ Mn) Analysis, by Nature, 2024 to 2034

Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Nature, 2024 to 2034

Table 79: MEA Market Value (US$ Mn) Analysis, by Application, 2018 to 2023

Table 80: MEA Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 82: MEA Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2023

Table 83: MEA Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

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List Of Figures

Figure 1: Global Market Value (US$ Mn) Historical Analysis, 2018 to 2023

Figure 2: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 3: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2034

Figure 4: Global Market Incremental $ Opportunity, 2024 to 2034

Figure 5: Global Market Share and BPS Analysis by Nature, 2024 & 2034

Figure 6: Global Market Y-o-Y Growth Projections by Nature, 2024 to 2034

Figure 7: Global Market Attractiveness Analysis by Nature, 2024 to 2034

Figure 8: Global Market Share and BPS Analysis by Application, 2024 & 2034

Figure 9: Global Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 10: Global Market Attractiveness Analysis by Application, 2024 to 2034

Figure 11: Global Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 12: Global Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 13: Global Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034

Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034

Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034

Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2018 to 2023

Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034

Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034

Figure 21: North America Market Share Analysis by Country, 2024 & 2034

Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 24: North America Market Share and BPS Analysis by Nature, 2024 & 2034

Figure 25: North America Market Y-o-Y Growth Projections by Nature, 2024 to 2034

Figure 26: North America Market Attractiveness Analysis by Nature, 2024 to 2034

Figure 27: North America Market Share and BPS Analysis by Application, 2024 & 2034

Figure 28: North America Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 29: North America Market Attractiveness Analysis by Application, 2024 to 2034

Figure 30: North America Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 31: North America Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 32: North America Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2018 to 2023

Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2018 to 2034

Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034

Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034

Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 40: Latin America Market Share and BPS Analysis by Nature, 2024 & 2034

Figure 41: Latin America Market Y-o-Y Growth Projections by Nature, 2024 to 2034

Figure 42: Latin America Market Attractiveness Analysis by Nature, 2024 to 2034

Figure 43: Latin America Market Share and BPS Analysis by Application, 2024 & 2034

Figure 44: Latin America Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 45: Latin America Market Attractiveness Analysis by Application, 2024 to 2034

Figure 46: Latin America Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 47: Latin America Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 48: Latin America Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2018 to 2023

Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2018 to 2034

Figure 52: Europe Market Incremental $ Opportunity, 2024 to 2034

Figure 53: Europe Market Share Analysis by Country, 2024 & 2034

Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 55: Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 56: Europe Market Share and BPS Analysis by Nature, 2024 & 2034

Figure 57: Europe Market Y-o-Y Growth Projections by Nature, 2024 to 2034

Figure 58: Europe Market Attractiveness Analysis by Nature, 2024 to 2034

Figure 59: Europe Market Share and BPS Analysis by Application, 2024 & 2034

Figure 60: Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 61: Europe Market Attractiveness Analysis by Application, 2024 to 2034

Figure 62: Europe Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 63: Europe Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 64: Europe Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2018 to 2023

Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2018 to 2034

Figure 68: East Asia Market Incremental $ Opportunity, 2024 to 2034

Figure 69: East Asia Market Share Analysis by Country, 2024 & 2034

Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 71: East Asia Market Attractiveness Analysis by Country, 2024 to 2034

Figure 72: East Asia Market Share and BPS Analysis by Nature, 2024 & 2034

Figure 73: East Asia Market Y-o-Y Growth Projections by Nature, 2024 to 2034

Figure 74: East Asia Market Attractiveness Analysis by Nature, 2024 to 2034

Figure 75: East Asia Market Share and BPS Analysis by Application, 2024 & 2034

Figure 76: East Asia Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 77: East Asia Market Attractiveness Analysis by Application, 2024 to 2034

Figure 78: East Asia Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 79: East Asia Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 80: East Asia Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2018 to 2023

Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2018 to 2034

Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2024 to 2034

Figure 85: South Asia & Oceania Market Share Analysis by Country, 2024 & 2034

Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2024 to 2034

Figure 88: South Asia & Oceania Market Share and BPS Analysis by Nature, 2024 & 2034

Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Nature, 2024 to 2034

Figure 90: South Asia & Oceania Market Attractiveness Analysis by Nature, 2024 to 2034

Figure 91: South Asia & Oceania Market Share and BPS Analysis by Application, 2024 & 2034

Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 93: South Asia & Oceania Market Attractiveness Analysis by Application, 2024 to 2034

Figure 94: South Asia & Oceania Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 96: South Asia & Oceania Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2018 to 2023

Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2018 to 2034

Figure 100: MEA Market Incremental $ Opportunity, 2024 to 2034

Figure 101: MEA Market Share Analysis by Country, 2024 & 2034

Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 103: MEA Market Attractiveness Analysis by Country, 2024 to 2034

Figure 104: MEA Market Share and BPS Analysis by Nature, 2024 & 2034

Figure 105: MEA Market Y-o-Y Growth Projections by Nature, 2024 to 2034

Figure 106: MEA Market Attractiveness Analysis by Nature, 2024 to 2034

Figure 107: MEA Market Share and BPS Analysis by Application, 2024 & 2034

Figure 108: MEA Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 109: MEA Market Attractiveness Analysis by Application, 2024 to 2034

Figure 110: MEA Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 111: MEA Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 112: MEA Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

How big is the agarwood essential oil market expected to be in 2024?

The global agarwood essential oil market is estimated at US$ 140.9 million in 2024.

What are the projected sales for agarwood essential oil by 2034?

Sales of agarwood essential oil are forecasted to reach US$ 224.6 million by 2034-end.

What is the demand outlook for agarwood essential oil across the world?

Demand for agarwood essential oil is foreseen to increase at 4.7% CAGR over the next 10 years.

What is the demand growth projection for agarwood essential oil in Japan?

Agarwood essential oil demand in Japan is forecasted to rise at 5.3% CAGR from 2024 to 2034.

What share of the global market does East Asia occupy?

East Asia is estimated to account for 25.7% share of the global market in 2024.

Who are the top agarwood essential oil distributors?

Biofinest USA, SVA Naturals, Dauper S.A., Aromaaz International, Nusaroma, and BIOLANDES SAS are leading agarwood oil producers.

- Also of Interest -

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Citrus Essential Oil Market Analysis By Nature (Organic, In-Organic), By Grade (Food-grade, Pharma-grade), By Source, By Function, By Application, By Distribution Channel & Region - Global Market Insights 2022 to 2032

Premium Beauty and Personal Care Products Market

Premium Beauty and Personal Care Products Market Forecast by Product Type (Premium Skincare, Premium Fragrances, Premium Colour Cosmetics, Premium Haircare), by Sales Channel, by Region - Global Insights 2022 to 2032

Agarwood Oil Market

Agarwood Oil Market Analysis by Organic and Conventional for Cosmetics & Personal Care, Pharmaceuticals, and Food & Beverages from 2023 to 2033

Mass Beauty & Personal Care Products Market

Mass Beauty & Personal Care Products Market Analysis by Color Cosmetics, Skin Products, Hair Products, Fragrances, and Oral Hygiene Products from 2023 to 2033

Agarwood Essential Oil Market

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