Agarwood Oil Industry Growth Factors Rising Demand In Aromatherapy And Personal Care

Published: 2025-04-02
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Author: falguni mmr
Published in: Business

Agarwood Oil Industry Growth Factors Rising Demand In Aromatherapy And Personal Care

Learn about the Agarwood Oil Market growth and developments.

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Agarwood Oil Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Agarwood Oil market, with forecasts outspreading to the year 2030.

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Discover how we define the Agarwood Oil Market scope and research approach.

The Agarwood Oil market research provides comprehensive information on significant aspects, including those that are expected to drive the industry’s growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the Agarwood Oil market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the Agarwood Oil Market is included in the scope of the MMR report.

The report offers a number of new requirements, each with a thorough justification. The Agarwood Oil Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.

Uncover the regional opportunities and challenges in the Agarwood Oil Market.

This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research’s geographic analysis makes it possible to comprehend the Agarwood Oil market situations in various nations. The Agarwood Oil market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.

Discover key segments driving the growth of the Agarwood Oil Market :

The Agarwood Oil Market size was valued at US 3.50 Bn in 2023 and market revenue is growing at a CAGR of 15.3 % from 2023 to 2030, reaching nearly USD 9.48 Bn by 2030.

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Agarwood Oil Market segmentation :

by Nature

Organic
Conventional

By Nature, It is observed that more than 52% of Agarwood Oil products available in the market are in adulterated form. An increase in demand for premium products has resulted in a 0.3% increase in demand for Organic Agarwood Oil.

by End User

Food & Beverages Industry
Cosmetics Industry
Pharmaceuticals Industry
Chemical Industry
Personal Care Products Industry
Domestic
Others

According to end users, the cosmetics, chemical, and personal care product industries utilize over 70% of the agarwood oil that is present, whether in organic or processed form. The cosmetics industry's demand for agarwood oil has increased by 2.1% as a result of rising demand for high-end, premium goods.

by Distribution Channel

Supermarket
Convenience Store
Specialty Store
E-Commerce
Others

According to distribution channels, specialty stores that sell plant-based goods account for over 40% of the sales of agarwood oil and its derivatives. Sales in supermarkets and convenience stores in the US and Europe have increased by 3.1% as a result of rising demand for medications and cosmetics prepared with agarwood oil. The number of persons buying Agarwood Oil through various e-commerce platforms has increased by 7% as a result of increased use of online shopping portals for plant-based product purchases.

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Learn about the top players driving innovation in the Agarwood Oil Market :

1. BIOLANDES SAS
2. Essential Oil Wizardry
3. Biofinest USA
4. Nusaroma
5. Deve Herbs
6. HYSSES Pvt. Ltd.
7. WEFIVE Group
8. Dauper S.A.
9. Tien Phuoc Co., Ltd.
10. Gritman Essential Oils
11. Hoang Giang Agarwood Ltd.
12. The Imperial Oud Company
13. Albert Vieille SAS
14. The MJI Group
15. Eden’s Garden
16. Katyani Exports
17. Asia Plantation Capital Pvt. Ltd.
18. Agarvina Co., Ltd.
19. ASSAM Aromas
20. Ji’an Zhongxiang Natural Plants Co., Ltd.

Get answers to critical questions shaping the Agarwood Oil Market

What is Agarwood Oil ?
What is the growth rate of the Agarwood Oil Market?
Which are the factors expected to drive the Agarwood Oil market growth?
What is the CAGR at which the Agarwood Oil market will grow during the forecast period?
What are the different segments of the Agarwood Oil Market?
Which is the fastest growing region in the Agarwood Oil market?
What growth strategies are the players considering to increase their presence in Agarwood Oil ?
What are the upcoming opportunities and trends for the Agarwood Oil Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Agarwood Oil Market?
Who are the leading companies and what are their portfolios in Agarwood Oil Market?
What segments are covered in the Agarwood Oil Market?
Who are the key players in the Agarwood Oil market?

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Get a closer look at the game-changing products driving success :

Past Size and Competitive Landscape
• Past Pricing and price curve by region
• Size, Share, Size Forecast by different segment
• Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Segmentation A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape Profiles of selected key players by region from a strategic perspective

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