Market Research Future

Agarwood Essential Oil Market Is Expected to Grow at a CAGR of 4.2% by Forecast to 2022

 

Pune, India -- (SBWIRE) -- 11/16/2017 -- Market Overview

Agarwood which is also called as aloeswood is the fragrant dark wood which is mainly used to make perfume and incense. Aquilaria species are considered to be high quality agarwood plants available in the market. Agar resin entrenched wood is important part of many culture for its distinctive fragrances and that's why it is used for incense and perfumes. Agarwood plantations have been established in a number of countries, and reintroduced into countries such as Malaysia and Sri Lanka as commercial plantation crops especially to produce agarwood essential oil. Numerous techniques have been developed to improve stimulation of agarwood production in the trees from last few years. High quality agarwood is one of the most expensive raw material in the world which makes the agarwood essential oil one of the expensive essential oil available in the market.

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Competitive Analysis-

The Major Key Players in Agarwood Essential Oil Market are

- Ji'an Zhongxiang Natural Plants Co., Ltd
- Xi'an Natural Field Bio-Technique Co., Ltd.,
- Amarnath Exports
- Dauper SA
- Hoang Giang Agarwood Company Limited
- Maruti Natural Fragrances
- Shaanxi Guanjie Technology Co., Ltd

Regional Analysis:

Agarwood Essential Oil Market is segmented into Europe, North America, Asia Pacific, and rest of the world (ROW). Among these Asia Pacific region has the major market share followed by Europe. Countries like China, India and Malaysia produce more agarwood than rest of the other countries which makes Asia Pacific a potential market for the new companies. Developed countries are using agarwood for different application such as personal care products and aromatherapy which is driving the market growth in Europe and North America. China, Germany, India, Malaysia, and Indonesia are the major exporters of agarwood in the world.

Intended Audience:

- Perfume manufacturers
- Pharmaceutical industry
- E-commerce
- Retailers and wholesalers
- Essential oil manufacturers
- Cosmetic product manufacturers

Table of Content:

1 Executive Summary

2 Market Introduction

3 Research Methodology

4 Market Dynamics

5 Market Trends

6 Market Factor Analysis

7. Market-By Raw Material

8. Market-By Product Type

9. Market-By Application

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