Thailand Agarwood Essential Oil Market (2025-2031) Outlook | Value, Industry, Forecast, Analysis, Size, Share, Companies, Growth, Revenue, Trends

Thailand Agarwood Essential Oil Market Synopsis

The agarwood essential oil market size was valued at USD 6 million in 2025 and is expected witness robust growth owing to its aromatic properties that help reduce mental exhaustion & provide relaxation effects while promoting healthy sleep patterns during the forecast period due to increasing popularity of spiritual wellness activities that involves meditative practices using incense sticks made from agarwood/oudh tree extract along with rising disposable income & willingness among consumers across all age groups especially millennials who are more inclined towards natural remedies instead of opting for medication treatments only when necessary. Additionally surging demand from skin care industry based on organically extracted ingredients has also been aiding this segments advancement significantly since past few years

Drivers of the Market

The Thailand agarwood essential oil market is driven by the high value and cultural significance of agarwood in traditional and modern perfumery. Agarwood, known for its rich and complex aroma, is a sought-after ingredient in luxury fragrances and incense. The growing demand for niche and artisanal perfumes, along with the increasing awareness of natural and exotic scents, fuels the market`s growth. Additionally, the use of agarwood essential oil in aromatherapy and wellness practices contributes to its expanding market presence. The limited availability of agarwood and its unique olfactory profile make it a prized commodity, further enhancing its value in the market.

Challenges of the Market

In the Thailand agarwood essential oil market, challenges involve the conservation of agarwood-producing trees and the prevention of illegal trade. Agarwood trees are often harvested for their valuable resin, leading to habitat destruction and population decline. Implementing sustainable harvesting practices, supporting tree conservation initiatives, and addressing the illicit trade of agarwood are key challenges for the industry.

COVID-19 Impact on the Market

The Thailand agarwood essential oil market faced both challenges and opportunities during the pandemic. The market experienced disruptions in supply due to restrictions on movement and trade. However, the market also saw increased interest in holistic wellness and aromatherapy, which supported the demand for essential oils like agarwood. As wellness trends continued, the market`s recovery was influenced by consumer preferences.

Key Players in the Market

Leading participants in the Thailand agarwood essential oil market include AgarwoodEssence Co., ThaiAgarwood Aromas, and OudCraft Innovations. These companies focus on producing agarwood essential oil, prized for its rich and exotic fragrance. Their expertise in agarwood distillation and aromatic excellence establishes them as significant players in the market.

Key Highlights of the Report:

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