Grenada Sandalwood Oil Market (2025-2031) | Share, Outlook, Trends, Value, Industry, Segmentation, Companies, Forecast, Analysis, Size, Revenue & Growth

Market Forecast By Type (Natural Sandalwood Oil, Lab Created Sandalwood Oil), By Application (Personal Care, Pharmaceuticals, Aromatherapy, Others) And Competitive Landscape
Product Code: ETC5316315 Publication Date: Nov 2023 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Grenada Sandalwood Oil Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Grenada`s sandalwood oil import market saw a significant decline in 2024, with a negative CAGR of -4.78% from 2020 to 2024. The top exporting countries to Grenada were Guyana, USA, Trinidad and Tobago, Puerto Rico, and other areas. Despite the high concentration with a high Herfindahl-Hirschman Index (HHI), the growth rate from 2023 to 2024 plummeted by -37.96%. This data indicates a challenging year for sandalwood oil imports in Grenada, with potential implications for the market dynamics and trade relationships in the upcoming years.

Key Highlights of the Report:

  • Grenada Sandalwood Oil Market Outlook
  • Market Size of Grenada Sandalwood Oil Market, 2024
  • Forecast of Grenada Sandalwood Oil Market, 2031
  • Historical Data and Forecast of Grenada Sandalwood Oil Revenues & Volume for the Period 2021-2031
  • Grenada Sandalwood Oil Market Trend Evolution
  • Grenada Sandalwood Oil Market Drivers and Challenges
  • Grenada Sandalwood Oil Price Trends
  • Grenada Sandalwood Oil Porter`s Five Forces
  • Grenada Sandalwood Oil Industry Life Cycle
  • Historical Data and Forecast of Grenada Sandalwood Oil Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Grenada Sandalwood Oil Market Revenues & Volume By Natural Sandalwood Oil for the Period 2021-2031
  • Historical Data and Forecast of Grenada Sandalwood Oil Market Revenues & Volume By Lab Created Sandalwood Oil for the Period 2021-2031
  • Historical Data and Forecast of Grenada Sandalwood Oil Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Grenada Sandalwood Oil Market Revenues & Volume By Personal Care for the Period 2021-2031
  • Historical Data and Forecast of Grenada Sandalwood Oil Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
  • Historical Data and Forecast of Grenada Sandalwood Oil Market Revenues & Volume By Aromatherapy for the Period 2021-2031
  • Historical Data and Forecast of Grenada Sandalwood Oil Market Revenues & Volume By Others for the Period 2021-2031
  • Grenada Sandalwood Oil Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Grenada Sandalwood Oil Top Companies Market Share
  • Grenada Sandalwood Oil Competitive Benchmarking By Technical and Operational Parameters
  • Grenada Sandalwood Oil Company Profiles
  • Grenada Sandalwood Oil Key Strategic Recommendations

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Grenada Sandalwood Oil Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Sandalwood Oil Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Sandalwood Oil Market - Industry Life Cycle

3.4 Grenada Sandalwood Oil Market - Porter's Five Forces

3.5 Grenada Sandalwood Oil Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Grenada Sandalwood Oil Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Grenada Sandalwood Oil Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for natural and organic skincare products

4.2.2 Growing awareness about the benefits of sandalwood oil in aromatherapy and wellness

4.2.3 Rising popularity of sustainable and ethically sourced ingredients in the beauty industry

4.3 Market Restraints

4.3.1 Limited availability of sandalwood trees in Grenada leading to supply constraints

4.3.2 Fluctuating prices of sandalwood due to external factors like climate change and regulatory issues

5 Grenada Sandalwood Oil Market Trends

6 Grenada Sandalwood Oil Market Segmentations

6.1 Grenada Sandalwood Oil Market, By Type

6.1.1 Overview and Analysis

6.1.2 Grenada Sandalwood Oil Market Revenues & Volume, By Natural Sandalwood Oil, 2021-2031F

6.1.3 Grenada Sandalwood Oil Market Revenues & Volume, By Lab Created Sandalwood Oil, 2021-2031F

6.2 Grenada Sandalwood Oil Market, By Application

6.2.1 Overview and Analysis

6.2.2 Grenada Sandalwood Oil Market Revenues & Volume, By Personal Care, 2021-2031F

6.2.3 Grenada Sandalwood Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F

6.2.4 Grenada Sandalwood Oil Market Revenues & Volume, By Aromatherapy, 2021-2031F

6.2.5 Grenada Sandalwood Oil Market Revenues & Volume, By Others, 2021-2031F

7 Grenada Sandalwood Oil Market Import-Export Trade Statistics

7.1 Grenada Sandalwood Oil Market Export to Major Countries

7.2 Grenada Sandalwood Oil Market Imports from Major Countries

8 Grenada Sandalwood Oil Market Key Performance Indicators

8.1 Sustainability metrics such as percentage of sandalwood trees replanted annually

8.2 Customer satisfaction scores related to the quality and authenticity of Grenada sandalwood oil

8.3 Number of partnerships with local communities or organizations supporting sustainable practices in sandalwood cultivation

9 Grenada Sandalwood Oil Market - Opportunity Assessment

9.1 Grenada Sandalwood Oil Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Grenada Sandalwood Oil Market Opportunity Assessment, By Application, 2021 & 2031F

10 Grenada Sandalwood Oil Market - Competitive Landscape

10.1 Grenada Sandalwood Oil Market Revenue Share, By Companies, 2024

10.2 Grenada Sandalwood Oil Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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