Agarwood Essential Oil Market Research Report - Global Forecast till 2027

Agarwood Essential Oil Market Global Information by Category (Conventional and Organic), Application (Personal Care, Aromatherapy, Pharmaceuticals and Air Care) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

ID: MRFR/F-B & N/1915-CR | February 2021 | Region: Global | 110 pages

Market overview


The agarwood tree has the aromatic oil that is called agarwood essential oil. The essential oils are vastly used in cosmetics, pharmaceuticals, perfumes, and aromatherapy. Nowadays, grooming is spreading across the world; the more demand for cosmetics products for various purposes is increasing. The grooming oils are more useful for skin, beard and hair. Many industries understand the benefits of essential agarwood oil and require this oil in their products. Besides, most perfume industries require imperative oil in their various perfumes for a long-lasting and pleasant fragrance. For many years, the essential oil has been used for healing and spiritual purposes. It helps promote relief of allergies, proper digestion, treat insomnia and acne, relieve joint pain, repair damaged skin, and many other benefits.


The agarwood essential oil market analysis explains that this market's various products have religious, cultural, and traditional significance, promoting global market growth. Moreover, the aromatherapy and personal care industries have a massive application of these products to encourage worldwide market development. The increasing demand for natural and organic cosmetics has brought more opportunities for key drivers in the global market. The agarwood essential oil market has predicted to generate more market value of 5.92% CAGR to meet the target of USD 201.03 Million by the end of the year 2025.


The report has given more focus on the agarwood essential oil market's overall growth and overcoming global market challenges and opportunities. It has also thrown light on the market segmentation, market dynamics, COVID-19 analysis and others by focusing on various geographical locations.


COVID-19 market analysis


The COVID-19 outbreak has affected the global market, and agarwood essential oil market is one of these. The pandemic has stopped all the countries supply chains, export and import to all the industry of various countries. It has brought transformation and reform in the sectors related to agarwood essential oil market.


In 2020, the COVID-19 slowed down all the countries' economic growth, and the agarwood essential oil market has experienced a halt. The global market has adopted many strategies and planning to develop market demand and sales. However, in the present scenario, the global market has taken up its speed to achieve the agarwood essential oil market revenue by the forecast year of 2025.

Market dynamics


Major market drivers

The major market drivers are the agarwood essential oil profile right hand, as they handle the global market production and sales. The major global drivers are agarwood essential oil manufacturers, governments, associations, industrial bodies, traders, wholesalers, distributors, trade experts and investors.


The report mentions that the key drivers follow various strategies to meet the customer's demand and increase the sales of the products. By the end of the year 2025, the global market has expectations of increasing their productions and sales to boost the agarwood essential oil market's growth.



Growth opportunities for the market


The agarwood essential oil market has adopted various techniques and methods to develop its network service worldwide. In the new cosmetic and personal care product formulation, the industry requires more raw materials from the global market and raises the demand for agarwood essential oil market. The global market has more opportunities, as many industries like cosmetics, pharmaceuticals, perfumes, and aromatherapy require more materials from the agarwood essential oil market.


As a result, the report explains that the global market supports the key drivers and its glooming day by day. The global market employs more key drivers to increase the growth of its sales and productions.



Market restraints


The agarwood essential oil is increasing its popularity all over the world as it offers many benefits. There are specific facts about agarwood essential oil, which is beneficial as it is anti-stress, anti-rheumatic, antimicrobial, anti-asthmatic, carminative, analgesic, antioxidant, digestive, aphrodisiac and more healthy properties. Besides, these multiple health benefits, the global market have certain few restraints like the rare availability of the material. The global product has more demand in the global market, and the infrequent availability can be a problem for the global market. The agarwood essential oil is employing more key drivers to reach all the expectations of the customers.


The report also explains that another restraint can be the fluctuation of the cost. The agarwood world market price needs more concentration of the key drivers to grow the global business.



Challenges faced by the agarwood essential oil market

The global agarwood essential oil market has faced massive loss at COVID-19 in 2020, which was a big challenge for the global market. The key drivers have given their all efforts and strengths to overcome the pandemic situation.
The report explains that the agarwood essential oil market has taken up its speed in the global market to achieve its strategic goal by the end of the year 2025.

Cumulative growth analysis

The agarwood essential oil is growing its application in various industries, which shows the global market's upcoming growth.
In the agarwood essential oil segment, the organic segment has aimed to dominate the global market by increasing 6.46% of the forecast period's growth rate.
The personal care application segment has aimed to gain a high market share of 03% growth rate for the forecast period.

Regulatory implications


Many major key drivers have adopted the agarwood essential oil market's services, as it is trendy globally. The intended key audiences are manufacturers, wholesalers, traders, distributors, investors, trade experts, etc.


The report mentions that the global market has a proper understanding of the worldwide networks, and according to that, it is operating its functions in various regions. The global market values the productions and growth of the industries.

Segment overview



By type:
The agarwood essential oil has segmental classification on the product. It has two types, such as compound essential oil and pure essential oil. Both types are having more demands in the global market.
The report explains that these types have their functionality and benefits. The key drivers use these types according to their product demands.

By raw material:
According to the raw material's segmental classification, the agarwood essential oil market requires varieties of woods, resin, bark, and flowers. All these raw materials have more demand in the global market as it has more health benefits.
The report explains that the global market uses these raw materials with the agarwood essential oil color to give a delicate appearance.

By application:
The global market has segmentation by application such as cosmetics and personal care industry, pharmaceutical industry and food and beverage industry. These industries use various strategies to improve product quality and try to raise the agarwood market's growth.
As a result, the agarwood essential oil market is growing day by day to achieve its goal of dominating the market value by the end of the year 2025.

By sales channel:
According to the sales channel's segmental division, its distributions include supermarkets or hypermarkets, speciality drug stores, E-commerce, and convenience stores.
The report mentions that the global market has more demand for agarwood perfume essential oil to develop its sales channels.

Regional Analysis


According to the regions' segmentation, the global market has spread all the countries like North America, Europe, Asia Pacific, The Middle East, and Latin America.


Out of all the regions, the Asia-Pacific has taken the lead of the agarwood essential oil market by giving 33.75% market growth in the year 2018. The global market is expecting the largest during the forecast period.


Competitive Landscape


The agarwood market has top key players list, who are contributing more to the marketing field. Let’s have a glance at it.



  • Agro Products

  • ASSAM AROMAS

  • Grandawood

  • Biolandes

  • Deve Herbes

  • Essential Oil Wizardry

  • Katyani Exports

  • Jiâ an Zhongxiang Natural Plants Co., Ltd.

  • Biofinest USA

  • Nusaroma

  • Dauper SA

  • Hoang Giang Agarwood Ltd.

  • HYSSES Pte Ltd.

  • Living Libations

  • Agarwood Oil Inc.

  • Gritman Essential Oils

  • Pachara Innovation CO.,LTD

  • The Imperial Oud Co

  • Edens Garden

  • Essential Oils Company


In the global agarwood essential oil market, the major key players are Hoang Giang Eden Botanicals (US), Maruti Natural Fragrances (India), MJI Group (India), Treedom Oud (Thailand), Amarnath Exports (India), K.A.B. Industries (India), Agarwood Company (Vietnam), Shiv Sales Corporation (India), Assam Aromas (India), and Janvi Herbs (India).


Recent Developments



  • The global agarwood market in india is growing as the customer's demand is more in this region.

  • The global market has focused on the employment of more key players to develop its business worldwide.


Report Overview


Certain steps follow the report overview:



  • Overview of the market

  • COVID19 Analysis

  • Market dynamic analysis

  • Regulatory implications

  • Market segmentation

  • Regional classification

  • Competitive analysis

  • Recent Developments


Segmentation Table:


By Type


  • Compound essential oil

  • Pure essential oil


By raw material


  • Wood

  • Flowers

  • Bark

  • Resin


By Application


  • Food and beverage industry

  • Cosmetics and personal care industry

  • Pharmaceutical Industry


By sales channel:


  • Specialty drug stores

  • Supermarkets or hypermarkets

  • E-commerce

  • Convenience stores



Frequently Asked Questions (FAQ) :


The global market is classified into different segments that include type, application, sales channels, and raw material.

The global market has aimed to achieve a 5.92% CAGR market growth in the present forecast years.

1 Executive Summary

1.1.1 Global Agarwood Essential Oil Market, by Category 14

1.1.2 Global Agarwood Essential Oil Market, by Application 15

1.1.3 Global Agarwood Essential Oil Market, by Region 16

2 Market Introduction

2.1 Definition 17

2.2 Scope of the Study 17

2.3 Market Structure 17

2.4 Key Buying Criteria 18

3 Research Methodology

3.1 Research Process 19

3.2 Primary Research 20

3.3 Secondary Research 21

3.4 Market Size Estimation 22

3.5 List of Assumptions 23

4 Market Dynamics

4.1 Introduction 24

4.2 Drivers 25

4.2.1 Increasing Use in the Personal Care and Pharmaceuticals Industries 25

4.2.2 Cultural, Religious, and Traditional Importance of Agarwood Essential Oil 25

4.2.3 Drivers Impact Analysis 25

4.3 Restraint 26

4.3.1 Widening Supply-Demand Gap 26

4.3.2 Restraints Impact Analysis 26

4.4 Opportunity 27

4.4.1 Surging Demand for Organic Agarwood Essential Oil 27

5 Market Factor Analysis

5.1 Value Chain Analysis 28

5.1.1 Raw Material Procurement 29

5.1.2 Processing 29

5.1.3 Packaging 29

5.2 Supply Chain Analysis 30

5.3 Porter’s Five Forces Analysis 31

5.3.1 Threat of New Entrants 31

5.3.2 Bargaining Power of Suppliers 32

5.3.3 Threat of Substitutes 32

5.3.4 Bargaining Power of Buyers 32

5.3.5 Rivalry 32

6 Agarwood Essential Oil Market, by Category

6.1 Overview 33

6.1.1 Global Agarwood Essential Oil Market, by Category, 2020-2027 34

6.2 Conventional 35

6.2.1 Conventional: Global Agarwood Essential Oil Market, by Region, 2020-2027 35

6.3 Organic 36

6.3.1 Organic: Global Agarwood Essential Oil Market, by Region, 2020-2027 36

7 Agarwood Essential Oil Market, by Application

7.1 Overview 37

7.1.1 Global Agarwood Essential Oil Market, by Application, 2020-2027 38

7.2 Personal Care 39

7.2.1 Personal Care: Global Agarwood Essential Oil Market, by Region, 2020-2027 39

7.3 Aromatherapy 40

7.3.1 Aromatherapy: Global Agarwood Essential Oil Market, by Region, 2020-2027 40

7.4 Pharmaceuticals 41

7.4.1 Pharmaceuticals: Global Agarwood Essential Oil Market, by Region, 2020-2027 41

7.5 Air Care 42

7.5.1 Air Care: Global Agarwood Essential Oil Market, by Region, 2020-2027 42

8 Global Agarwood Essential Oil Market, by Region

8.1 Overview 43

8.1.1 Global Agarwood Essential Oil Market, by Region, 2020-2027 43

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.2 North America 45

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.2.1 US 47

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.2.2 Canada 49

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.2.3 Mexico 50

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.3 Europe 52

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.3.1 Germany 54

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.3.2 UK 56

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.3.3 France 57

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.3.4 Spain 58

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.3.5 Italy 60

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.3.6 Rest of Europe 61

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.4 Asia-Pacific 63

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.4.1 China 65

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.4.2 Japan 67

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.4.3 India 68

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.4.4 Australia & New Zealand 69

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.4.5 Singapore 71

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.4.6 Malaysia 72

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.4.7 Rest of Asia-Pacific 73

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.5 Rest of the World (RoW) 75

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.5.1 Middle East 77

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.5.2 South America 78

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

8.5.3 Africa 80

Agarwood Essential Oil Market, by Category

Agarwood Essential Oil Market, by Application

9 Industry SWOT

10 Company Profiles

10.1 Amarnath Exports 83

10.1.1 Company Overview 83

10.1.2 Financial Overview 83

10.1.3 Products Offered 83

10.1.4 Key Strategies 83

10.2 Maruti Natural Fragrances 84

10.2.1 Company Overview 84

10.2.2 Financial Overview 84

10.2.3 Products Offered 84

10.2.4 Key Strategies 84

10.3 Eden Botanicals 85

10.3.1 Company Overview 85

10.3.2 Financial Overview 85

10.3.3 Products Offered 85

10.3.4 Key Strategies 85

10.4 MJI Group 86

10.4.1 Company Overview 86

10.4.2 Financial Overview 86

10.4.3 Products Offered 86

10.4.4 Key Strategies 86

10.5 Treedom Oud 87

10.5.1 Company Overview 87

10.5.2 Financial Overview 87

10.5.3 Products Offered 87

10.5.4 Key Strategies 87

10.6 K.A.B. Industries 88

10.6.1 Company Overview 88

10.6.2 Financial Overview 88

10.6.3 Products Offered 88

10.6.4 Key Strategies 88

10.7 Hoang Giang Agarwood Company 89

10.7.1 Company Overview 89

10.7.2 Financial Overview 89

10.7.3 Products Offered 89

10.7.4 Key Strategies 89

10.8 Shiv Sales Corporation 90

10.8.1 Company Overview 90

10.8.2 Financial Overview 90

10.8.3 Products Offered 90

10.8.4 Key Strategies 90

10.9 Assam Aromas 91

10.9.1 Company Overview 91

10.9.2 Financial Overview 91

10.9.3 Products Offered 91

10.9.4 Key Strategies 91

10.10 Janvi Herbs 92

10.10.1 Company Overview 92

10.10.2 Financial Overview 92

10.10.3 Products Offered 92

10.10.4 Key Strategies 92

11 Conclusion

11.1 Key Findings 93

12 List of Tables

TABLE 1 PRIMARY INTERVIEWS 20

TABLE 2 LIST OF ASSUMPTIONS 23

TABLE 3 GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 34

TABLE 4 GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 34

TABLE 5 CONVENTIONAL: GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY REGION, 2020-2027 (USD MILLION) 35

TABLE 6 CONVENTIONAL: GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY REGION, 2020-2027 (USD MILLION) 35

TABLE 7 ORGANIC: GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY REGION, 2020-2027 (USD MILLION) 36

TABLE 8 ORGANIC: GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY REGION, 2020-2027 (USD MILLION) 36

TABLE 9 GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 38

TABLE 10 GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 38

TABLE 11 PERSONAL CARE: GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY REGION, 2020-2027 (USD MILLION) 39

TABLE 12 PERSONAL CARE: GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY REGION, 2020-2027 (USD MILLION) 39

TABLE 13 AROMATHERAPY: GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY REGION, 2020-2027 (USD MILLION) 40

TABLE 14 AROMATHERAPY: GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY REGION, 2020-2027 (USD MILLION) 40

TABLE 15 PHARMACEUTICALS: GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY REGION, 2020-2027 (USD MILLION) 41

TABLE 16 PHARMACEUTICALS: GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY REGION, 2020-2027 (USD MILLION) 41

TABLE 17 AIR CARE: GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY REGION, 2020-2027 (USD MILLION) 42

TABLE 18 AIR CARE: GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY REGION, 2020-2027 (USD MILLION) 42

TABLE 19 GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY REGION, 2020-2027 (USD MILLION) 43

TABLE 20 GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY REGION, 2020-2027 (USD MILLION) 44

TABLE 21 NORTH AMERICA: AGARWOOD ESSENTIAL OIL MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 45

TABLE 22 NORTH AMERICA: AGARWOOD ESSENTIAL OIL MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 46

TABLE 23 NORTH AMERICA: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 46

TABLE 24 NORTH AMERICA: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 46

TABLE 25 NORTH AMERICA: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 47

TABLE 26 NORTH AMERICA: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 47

TABLE 27 US: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 47

TABLE 28 US: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 48

TABLE 29 US: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 48

TABLE 30 US: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 48

TABLE 31 CANADA: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 49

TABLE 32 CANADA: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 49

TABLE 33 CANADA: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 49

TABLE 34 CANADA: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 50

TABLE 35 MEXICO: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 50

TABLE 36 MEXICO: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 50

TABLE 37 MEXICO: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 51

TABLE 38 MEXICO: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 51

TABLE 39 EUROPE: AGARWOOD ESSENTIAL OIL MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 52

TABLE 40 EUROPE: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2027 (USD MILLION) 53

TABLE 41 EUROPE: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 53

TABLE 42 EUROPE: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 53

TABLE 43 EUROPE: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 54

TABLE 44 EUROPE: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 54

TABLE 45 GERMANY: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 54

TABLE 46 GERMANY: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 55

TABLE 47 GERMANY: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 55

TABLE 48 GERMANY: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 55

TABLE 49 UK: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 56

TABLE 50 UK: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 56

TABLE 51 UK: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 56

TABLE 52 UK: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 57

TABLE 53 FRANCE: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 57

TABLE 54 FRANCE: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 57

TABLE 55 FRANCE: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 58

TABLE 56 FRANCE: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 58

TABLE 57 SPAIN: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 58

TABLE 58 SPAIN: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 59

TABLE 59 SPAIN: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 59

TABLE 60 SPAIN: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 59

TABLE 61 ITALY: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 60

TABLE 62 ITALY: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 60

TABLE 63 ITALY: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 60

TABLE 64 ITALY: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 61

TABLE 65 REST OF EUROPE: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 61

TABLE 66 REST OF EUROPE: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 61

TABLE 67 REST OF EUROPE: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 62

TABLE 68 REST OF EUROPE: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 62

TABLE 69 ASIA-PACIFIC: AGARWOOD ESSENTIAL OIL MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 63

TABLE 70 ASIA-PACIFIC: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2027 (USD MILLION) 64

TABLE 71 ASIA-PACIFIC: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 64

TABLE 72 ASIA-PACIFIC: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 64

TABLE 73 ASIA-PACIFIC: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 65

TABLE 74 ASIA-PACIFIC: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 65

TABLE 75 CHINA: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 65

TABLE 76 CHINA: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 66

TABLE 77 CHINA: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 66

TABLE 78 CHINA: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 66

TABLE 79 JAPAN: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 67

TABLE 80 JAPAN: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 67

TABLE 81 JAPAN: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 67

TABLE 82 JAPAN: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 68

TABLE 83 INDIA: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 68

TABLE 84 INDIA: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 68

TABLE 85 INDIA: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 69

TABLE 86 INDIA: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 69

TABLE 87 AUSTRALIA & NEW ZEALAND: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 69

TABLE 88 AUSTRALIA & NEW ZEALAND: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 70

TABLE 89 AUSTRALIA & NEW ZEALAND: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 70

TABLE 90 AUSTRALIA & NEW ZEALAND: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 70

TABLE 91 SINGAPORE: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 71

TABLE 92 SINGAPORE: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 71

TABLE 93 SINGAPORE: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 71

TABLE 94 SINGAPORE: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 72

TABLE 95 MALAYSIA: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 72

TABLE 96 MALAYSIA: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 72

TABLE 97 MALAYSIA: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 73

TABLE 98 MALAYSIA: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 73

TABLE 99 REST OF ASIA-PACIFIC: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 73

TABLE 100 REST OF ASIA-PACIFIC: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 74

TABLE 101 REST OF ASIA-PACIFIC: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 74

TABLE 102 REST OF ASIA-PACIFIC: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 74

TABLE 103 REST OF THE WORLD: AGARWOOD ESSENTIAL OIL MARKET, BY REGION, 2020-2027 (USD MILLION) 75

TABLE 104 REST OF THE WORLD: AGARWOOD ESSENTIAL OIL MARKET, BY REGION, 2020-2027 (USD MILLION) 75

TABLE 105 REST OF THE WORLD: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 76

TABLE 106 REST OF THE WORLD: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 76

TABLE 107 REST OF THE WORLD: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 76

TABLE 108 REST OF THE WORLD: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 77

TABLE 109 MIDDLE EAST: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 77

TABLE 110 MIDDLE EAST: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 77

TABLE 111 MIDDLE EAST: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 78

TABLE 112 MIDDLE EAST: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 78

TABLE 113 SOUTH AMERICA: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 78

TABLE 114 SOUTH AMERICA: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 79

TABLE 115 SOUTH AMERICA: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 79

TABLE 116 SOUTH AMERICA: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 79

TABLE 117 AFRICA: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 80

TABLE 118 AFRICA: AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 80

TABLE 119 AFRICA: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 80

TABLE 120 AFRICA: AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 81

TABLE 121 AMARNATH EXPORTS: PRODUCTS OFFERED 83

TABLE 122 MARUTI NATURAL FRAGRANCES: PRODUCTS OFFERED 84

TABLE 123 EDEN BOTANICALS: PRODUCTS OFFERED 85

TABLE 124 MJI GROUP: PRODUCTS OFFERED 86

TABLE 125 TREEDOM OUD: PRODUCTS OFFERED 87

TABLE 126 K.A.B. INDUSTRIES: PRODUCTS OFFERED 88

TABLE 127 HOANG GIANG AGARWOOD COMPANY: PRODUCTS OFFERED 89

TABLE 128 SHIV SALES CORPORATION: PRODUCTS OFFERED 90

TABLE 129 ASSAM AROMAS: PRODUCTS OFFERED 91

TABLE 130 JANVI HERBS: PRODUCTS OFFERED 92

13 List of Figures

FIGURE 1 MARKET SYNOPSIS 13

FIGURE 2 GLOBAL AGARWOOD ESSENTIAL OIL MARKET ANALYSIS, BY CATEGORY 14

FIGURE 3 GLOBAL AGARWOOD ESSENTIAL OIL MARKET ANALYSIS, BY APPLICATION 15

FIGURE 4 GLOBAL AGARWOOD ESSENTIAL OIL MARKET ANALYSIS, BY REGION, 2020 16

FIGURE 5 GLOBAL AGARWOOD ESSENTIAL OIL MARKET: MARKET STRUCTURE 17

FIGURE 6 KEY BUYING CRITERIA FOR AGARWOOD ESSENTIAL OIL 18

FIGURE 7 RESEARCH PROCESS OF MRFR 19

FIGURE 8 TOP-DOWN AND BOTTOM-UP APPROACHES 22

FIGURE 9 MARKET DYNAMICS OVERVIEW 24

FIGURE 10 DRIVERS IMPACT ANALYSIS: GLOBAL AGARWOOD ESSENTIAL OIL MARKET 25

FIGURE 11 RESTRAINTS IMPACT ANALYSIS: GLOBAL AGARWOOD ESSENTIAL OIL MARKET 26

FIGURE 12 GLOBAL AGARWOOD ESSENTIAL OIL MARKET: VALUE CHAIN 28

FIGURE 13 GLOBAL AGARWOOD ESSENTIAL OIL MARKET: SUPPLY CHAIN ANALYSIS 30

FIGURE 14 GLOBAL AGARWOOD ESSENTIAL OIL MARKET: PORTER'S FIVE FORCES ANALYSIS 31

FIGURE 15 GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020 (% SHARE) 33

FIGURE 16 GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY CATEGORY, 2020-2027 (USD MILLION) 33

FIGURE 17 GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020 (% SHARE) 37

FIGURE 18 GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 37

FIGURE 19 GLOBAL AGARWOOD ESSENTIAL OIL MARKET, BY REGION, 2020-2027 (USD MILLION) 43

FIGURE 20 NORTH AMERICA: AGARWOOD ESSENTIAL OIL MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 45

FIGURE 21 EUROPE: AGARWOOD ESSENTIAL OIL MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 52

FIGURE 22 ASIA-PACIFIC: AGARWOOD ESSENTIAL OIL MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 63

FIGURE 23 REST OF THE WORLD: AGARWOOD ESSENTIAL OIL MARKET SHARE, BY REGION, 2020 (% SHARE) 75

FIGURE 24 SWOT ANALYSIS: GLOBAL AGARWOOD ESSENTIAL OIL MARKET 82