Agarwoods Market, Global Outlook and Forecast 2022-2028

April 2022 | 79 pages | ID: A45128EC0E1CEN
Market Monitor Global

Abstracts

Agarwood, aloeswood or gharuwood is a fragrant dark resinous wood used in incense, perfume, and small carvings. It is formed in the heartwood of aquilaria trees when they become infected with a type of mould (Phialophora parasitica). Prior to infection, the heartwood is odourless, relatively light and pale coloured; however, as the infection progresses, the tree produces a dark aromatic resin, called aloes or agar (not to be confused with the edible, algae-derived agar) as well as gaharu, jinko, oud, or oodh (not to be confused with bukhoor), in response to the attack, which results in a very dense, dark, resin-embedded heartwood. The resin-embedded wood is valued in Arabic-middle eastern culture for its distinctive fragrance, and thus is used for incense and perfumes. The aromatic qualities of agarwood are influenced by the species, geographic location, its branch, trunk and root origin, length of time since infection, and methods of harvesting and processing.

This report contains market size and forecasts of Agarwoods in global, including the following market information:

Global Agarwoods Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Agarwoods Market Sales, 2017-2022, 2023-2028, (MT)

Global top five Agarwoods companies in 2021 (%)

The global Agarwoods market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Natural Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Agarwoods include Swiss Arabian, Kim Anh Agarwood, Ponny Agarwood, Agarwood Siam Excellent, Simon70 LTD and Tram Huong Thuong Dinh, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Agarwoods manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Agarwoods Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Agarwoods Market Segment Percentages, by Type, 2021 (%)

• Natural
• Artificial

Global Agarwoods Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Agarwoods Market Segment Percentages, by Application, 2021 (%)

• Incense
• Perfume
• Carvings

Global Agarwoods Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Agarwoods Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Agarwoods revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Agarwoods revenues share in global market, 2021 (%)

Key companies Agarwoods sales in global market, 2017-2022 (Estimated), (MT)

Key companies Agarwoods sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Swiss Arabian
• Kim Anh Agarwood
• Ponny Agarwood
• Agarwood Siam Excellent
• Simon70 LTD
• Tram Huong Thuong Dinh

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Agarwoods Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Agarwoods Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL AGARWOODS OVERALL MARKET SIZE

2.1 Global Agarwoods Market Size: 2021 VS 2028
2.2 Global Agarwoods Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Agarwoods Sales: 2017-2028

3 COMPANY LANDSCAPE

3.1 Top Agarwoods Players in Global Market
3.2 Top Global Agarwoods Companies Ranked by Revenue
3.3 Global Agarwoods Revenue by Companies
3.4 Global Agarwoods Sales by Companies
3.5 Global Agarwoods Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Agarwoods Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Agarwoods Product Type
3.8 Tier 1, Tier 2 and Tier 3 Agarwoods Players in Global Market
  3.8.1 List of Global Tier 1 Agarwoods Companies
  3.8.2 List of Global Tier 2 and Tier 3 Agarwoods Companies

4 SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 By Type - Global Agarwoods Market Size Markets, 2021 & 2028
  4.1.2 Natural
  4.1.3 Artificial
4.2 By Type - Global Agarwoods Revenue & Forecasts
  4.2.1 By Type - Global Agarwoods Revenue, 2017-2022
  4.2.2 By Type - Global Agarwoods Revenue, 2023-2028
  4.2.3 By Type - Global Agarwoods Revenue Market Share, 2017-2028
4.3 By Type - Global Agarwoods Sales & Forecasts
  4.3.1 By Type - Global Agarwoods Sales, 2017-2022
  4.3.2 By Type - Global Agarwoods Sales, 2023-2028
  4.3.3 By Type - Global Agarwoods Sales Market Share, 2017-2028
4.4 By Type - Global Agarwoods Price (Manufacturers Selling Prices), 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Agarwoods Market Size, 2021 & 2028
  5.1.2 Incense
  5.1.3 Perfume
  5.1.4 Carvings
5.2 By Application - Global Agarwoods Revenue & Forecasts
  5.2.1 By Application - Global Agarwoods Revenue, 2017-2022
  5.2.2 By Application - Global Agarwoods Revenue, 2023-2028
  5.2.3 By Application - Global Agarwoods Revenue Market Share, 2017-2028
5.3 By Application - Global Agarwoods Sales & Forecasts
  5.3.1 By Application - Global Agarwoods Sales, 2017-2022
  5.3.2 By Application - Global Agarwoods Sales, 2023-2028
  5.3.3 By Application - Global Agarwoods Sales Market Share, 2017-2028
5.4 By Application - Global Agarwoods Price (Manufacturers Selling Prices), 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Agarwoods Market Size, 2021 & 2028
6.2 By Region - Global Agarwoods Revenue & Forecasts
  6.2.1 By Region - Global Agarwoods Revenue, 2017-2022
  6.2.2 By Region - Global Agarwoods Revenue, 2023-2028
  6.2.3 By Region - Global Agarwoods Revenue Market Share, 2017-2028
6.3 By Region - Global Agarwoods Sales & Forecasts
  6.3.1 By Region - Global Agarwoods Sales, 2017-2022
  6.3.2 By Region - Global Agarwoods Sales, 2023-2028
  6.3.3 By Region - Global Agarwoods Sales Market Share, 2017-2028
6.4 North America
  6.4.1 By Country - North America Agarwoods Revenue, 2017-2028
  6.4.2 By Country - North America Agarwoods Sales, 2017-2028
  6.4.3 US Agarwoods Market Size, 2017-2028
  6.4.4 Canada Agarwoods Market Size, 2017-2028
  6.4.5 Mexico Agarwoods Market Size, 2017-2028
6.5 Europe
  6.5.1 By Country - Europe Agarwoods Revenue, 2017-2028
  6.5.2 By Country - Europe Agarwoods Sales, 2017-2028
  6.5.3 Germany Agarwoods Market Size, 2017-2028
  6.5.4 France Agarwoods Market Size, 2017-2028
  6.5.5 U.K. Agarwoods Market Size, 2017-2028
  6.5.6 Italy Agarwoods Market Size, 2017-2028
  6.5.7 Russia Agarwoods Market Size, 2017-2028
  6.5.8 Nordic Countries Agarwoods Market Size, 2017-2028
  6.5.9 Benelux Agarwoods Market Size, 2017-2028
6.6 Asia
  6.6.1 By Region - Asia Agarwoods Revenue, 2017-2028
  6.6.2 By Region - Asia Agarwoods Sales, 2017-2028
  6.6.3 China Agarwoods Market Size, 2017-2028
  6.6.4 Japan Agarwoods Market Size, 2017-2028
  6.6.5 South Korea Agarwoods Market Size, 2017-2028
  6.6.6 Southeast Asia Agarwoods Market Size, 2017-2028
  6.6.7 India Agarwoods Market Size, 2017-2028
6.7 South America
  6.7.1 By Country - South America Agarwoods Revenue, 2017-2028
  6.7.2 By Country - South America Agarwoods Sales, 2017-2028
  6.7.3 Brazil Agarwoods Market Size, 2017-2028
  6.7.4 Argentina Agarwoods Market Size, 2017-2028
6.8 Middle East & Africa
  6.8.1 By Country - Middle East & Africa Agarwoods Revenue, 2017-2028
  6.8.2 By Country - Middle East & Africa Agarwoods Sales, 2017-2028
  6.8.3 Turkey Agarwoods Market Size, 2017-2028
  6.8.4 Israel Agarwoods Market Size, 2017-2028
  6.8.5 Saudi Arabia Agarwoods Market Size, 2017-2028
  6.8.6 UAE Agarwoods Market Size, 2017-2028

7 MANUFACTURERS & BRANDS PROFILES

7.1 Swiss Arabian
  7.1.1 Swiss Arabian Corporate Summary
  7.1.2 Swiss Arabian Business Overview
  7.1.3 Swiss Arabian Agarwoods Major Product Offerings
  7.1.4 Swiss Arabian Agarwoods Sales and Revenue in Global (2017-2022)
  7.1.5 Swiss Arabian Key News
7.2 Kim Anh Agarwood
  7.2.1 Kim Anh Agarwood Corporate Summary
  7.2.2 Kim Anh Agarwood Business Overview
  7.2.3 Kim Anh Agarwood Agarwoods Major Product Offerings
  7.2.4 Kim Anh Agarwood Agarwoods Sales and Revenue in Global (2017-2022)
  7.2.5 Kim Anh Agarwood Key News
7.3 Ponny Agarwood
  7.3.1 Ponny Agarwood Corporate Summary
  7.3.2 Ponny Agarwood Business Overview
  7.3.3 Ponny Agarwood Agarwoods Major Product Offerings
  7.3.4 Ponny Agarwood Agarwoods Sales and Revenue in Global (2017-2022)
  7.3.5 Ponny Agarwood Key News
7.4 Agarwood Siam Excellent
  7.4.1 Agarwood Siam Excellent Corporate Summary
  7.4.2 Agarwood Siam Excellent Business Overview
  7.4.3 Agarwood Siam Excellent Agarwoods Major Product Offerings
  7.4.4 Agarwood Siam Excellent Agarwoods Sales and Revenue in Global (2017-2022)
  7.4.5 Agarwood Siam Excellent Key News
7.5 Simon70 LTD
  7.5.1 Simon70 LTD Corporate Summary
  7.5.2 Simon70 LTD Business Overview
  7.5.3 Simon70 LTD Agarwoods Major Product Offerings
  7.5.4 Simon70 LTD Agarwoods Sales and Revenue in Global (2017-2022)
  7.5.5 Simon70 LTD Key News
7.6 Tram Huong Thuong Dinh
  7.6.1 Tram Huong Thuong Dinh Corporate Summary
  7.6.2 Tram Huong Thuong Dinh Business Overview
  7.6.3 Tram Huong Thuong Dinh Agarwoods Major Product Offerings
  7.6.4 Tram Huong Thuong Dinh Agarwoods Sales and Revenue in Global (2017-2022)
  7.6.5 Tram Huong Thuong Dinh Key News

8 GLOBAL AGARWOODS PRODUCTION CAPACITY, ANALYSIS

8.1 Global Agarwoods Production Capacity, 2017-2028
8.2 Agarwoods Production Capacity of Key Manufacturers in Global Market
8.3 Global Agarwoods Production by Region

9 KEY MARKET TRENDS, OPPORTUNITY, DRIVERS AND RESTRAINTS

9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints

10 AGARWOODS SUPPLY CHAIN ANALYSIS

10.1 Agarwoods Industry Value Chain
10.2 Agarwoods Upstream Market
10.3 Agarwoods Downstream and Clients
10.4 Marketing Channels Analysis
  10.4.1 Marketing Channels
  10.4.2 Agarwoods Distributors and Sales Agents in Global

11 CONCLUSION

12 APPENDIX

12.1 Note
12.2 Examples of Clients
12.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. Key Players of Agarwoods in Global Market
Table 2. Top Agarwoods Players in Global Market, Ranking by Revenue (2021)
Table 3. Global Agarwoods Revenue by Companies, (US$, Mn), 2017-2022
Table 4. Global Agarwoods Revenue Share by Companies, 2017-2022
Table 5. Global Agarwoods Sales by Companies, (MT), 2017-2022
Table 6. Global Agarwoods Sales Share by Companies, 2017-2022
Table 7. Key Manufacturers Agarwoods Price (2017-2022) & (USD/MT)
Table 8. Global Manufacturers Agarwoods Product Type
Table 9. List of Global Tier 1 Agarwoods Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Agarwoods Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Agarwoods Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Global Agarwoods Revenue (US$, Mn), 2017-2022
Table 13. By Type - Global Agarwoods Revenue (US$, Mn), 2023-2028
Table 14. By Type - Global Agarwoods Sales (MT), 2017-2022
Table 15. By Type - Global Agarwoods Sales (MT), 2023-2028
Table 16. By Application – Global Agarwoods Revenue, (US$, Mn), 2021 & 2028
Table 17. By Application - Global Agarwoods Revenue (US$, Mn), 2017-2022
Table 18. By Application - Global Agarwoods Revenue (US$, Mn), 2023-2028
Table 19. By Application - Global Agarwoods Sales (MT), 2017-2022
Table 20. By Application - Global Agarwoods Sales (MT), 2023-2028
Table 21. By Region – Global Agarwoods Revenue, (US$, Mn), 2021 VS 2028
Table 22. By Region - Global Agarwoods Revenue (US$, Mn), 2017-2022
Table 23. By Region - Global Agarwoods Revenue (US$, Mn), 2023-2028
Table 24. By Region - Global Agarwoods Sales (MT), 2017-2022
Table 25. By Region - Global Agarwoods Sales (MT), 2023-2028
Table 26. By Country - North America Agarwoods Revenue, (US$, Mn), 2017-2022
Table 27. By Country - North America Agarwoods Revenue, (US$, Mn), 2023-2028
Table 28. By Country - North America Agarwoods Sales, (MT), 2017-2022
Table 29. By Country - North America Agarwoods Sales, (MT), 2023-2028
Table 30. By Country - Europe Agarwoods Revenue, (US$, Mn), 2017-2022
Table 31. By Country - Europe Agarwoods Revenue, (US$, Mn), 2023-2028
Table 32. By Country - Europe Agarwoods Sales, (MT), 2017-2022
Table 33. By Country - Europe Agarwoods Sales, (MT), 2023-2028
Table 34. By Region - Asia Agarwoods Revenue, (US$, Mn), 2017-2022
Table 35. By Region - Asia Agarwoods Revenue, (US$, Mn), 2023-2028
Table 36. By Region - Asia Agarwoods Sales, (MT), 2017-2022
Table 37. By Region - Asia Agarwoods Sales, (MT), 2023-2028
Table 38. By Country - South America Agarwoods Revenue, (US$, Mn), 2017-2022
Table 39. By Country - South America Agarwoods Revenue, (US$, Mn), 2023-2028
Table 40. By Country - South America Agarwoods Sales, (MT), 2017-2022
Table 41. By Country - South America Agarwoods Sales, (MT), 2023-2028
Table 42. By Country - Middle East & Africa Agarwoods Revenue, (US$, Mn), 2017-2022
Table 43. By Country - Middle East & Africa Agarwoods Revenue, (US$, Mn), 2023-2028
Table 44. By Country - Middle East & Africa Agarwoods Sales, (MT), 2017-2022
Table 45. By Country - Middle East & Africa Agarwoods Sales, (MT), 2023-2028
Table 46. Swiss Arabian Corporate Summary
Table 47. Swiss Arabian Agarwoods Product Offerings
Table 48. Swiss Arabian Agarwoods Sales (MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 49. Kim Anh Agarwood Corporate Summary
Table 50. Kim Anh Agarwood Agarwoods Product Offerings
Table 51. Kim Anh Agarwood Agarwoods Sales (MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 52. Ponny Agarwood Corporate Summary
Table 53. Ponny Agarwood Agarwoods Product Offerings
Table 54. Ponny Agarwood Agarwoods Sales (MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 55. Agarwood Siam Excellent Corporate Summary
Table 56. Agarwood Siam Excellent Agarwoods Product Offerings
Table 57. Agarwood Siam Excellent Agarwoods Sales (MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 58. Simon70 LTD Corporate Summary
Table 59. Simon70 LTD Agarwoods Product Offerings
Table 60. Simon70 LTD Agarwoods Sales (MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 61. Tram Huong Thuong Dinh Corporate Summary
Table 62. Tram Huong Thuong Dinh Agarwoods Product Offerings
Table 63. Tram Huong Thuong Dinh Agarwoods Sales (MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 64. Agarwoods Production Capacity (MT) of Key Manufacturers in Global Market, 2020-2022 (MT)
Table 65. Global Agarwoods Capacity Market Share of Key Manufacturers, 2020-2022
Table 66. Global Agarwoods Production by Region, 2017-2022 (MT)
Table 67. Global Agarwoods Production by Region, 2023-2028 (MT)
Table 68. Agarwoods Market Opportunities & Trends in Global Market
Table 69. Agarwoods Market Drivers in Global Market
Table 70. Agarwoods Market Restraints in Global Market
Table 71. Agarwoods Raw Materials
Table 72. Agarwoods Raw Materials Suppliers in Global Market
Table 73. Typical Agarwoods Downstream
Table 74. Agarwoods Downstream Clients in Global Market
Table 75. Agarwoods Distributors and Sales Agents in Global Market

List Of Figures

LIST OF FIGURES

Figure 1. Agarwoods Segment by Type
Figure 2. Agarwoods Segment by Application
Figure 3. Global Agarwoods Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Agarwoods Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Agarwoods Revenue, 2017-2028 (US$, Mn)
Figure 7. Agarwoods Sales in Global Market: 2017-2028 (MT)
Figure 8. The Top 3 and 5 Players Market Share by Agarwoods Revenue in 2021
Figure 9. By Type - Global Agarwoods Sales Market Share, 2017-2028
Figure 10. By Type - Global Agarwoods Revenue Market Share, 2017-2028
Figure 11. By Type - Global Agarwoods Price (USD/MT), 2017-2028
Figure 12. By Application - Global Agarwoods Sales Market Share, 2017-2028
Figure 13. By Application - Global Agarwoods Revenue Market Share, 2017-2028
Figure 14. By Application - Global Agarwoods Price (USD/MT), 2017-2028
Figure 15. By Region - Global Agarwoods Sales Market Share, 2017-2028
Figure 16. By Region - Global Agarwoods Revenue Market Share, 2017-2028
Figure 17. By Country - North America Agarwoods Revenue Market Share, 2017-2028
Figure 18. By Country - North America Agarwoods Sales Market Share, 2017-2028
Figure 19. US Agarwoods Revenue, (US$, Mn), 2017-2028
Figure 20. Canada Agarwoods Revenue, (US$, Mn), 2017-2028
Figure 21. Mexico Agarwoods Revenue, (US$, Mn), 2017-2028
Figure 22. By Country - Europe Agarwoods Revenue Market Share, 2017-2028
Figure 23. By Country - Europe Agarwoods Sales Market Share, 2017-2028
Figure 24. Germany Agarwoods Revenue, (US$, Mn), 2017-2028
Figure 25. France Agarwoods Revenue, (US$, Mn), 2017-2028
Figure 26. U.K. Agarwoods Revenue, (US$, Mn), 2017-2028
Figure 27. Italy Agarwoods Revenue, (US$, Mn), 2017-2028
Figure 28. Russia Agarwoods Revenue, (US$, Mn), 2017-2028
Figure 29. Nordic Countries Agarwoods Revenue, (US$, Mn), 2017-2028
Figure 30. Benelux Agarwoods Revenue, (US$, Mn), 2017-2028
Figure 31. By Region - Asia Agarwoods Revenue Market Share, 2017-2028
Figure 32. By Region - Asia Agarwoods Sales Market Share, 2017-2028
Figure 33. China Agarwoods Revenue, (US$, Mn), 2017-2028
Figure 34. Japan Agarwoods Revenue, (US$, Mn), 2017-2028
Figure 35. South Korea Agarwoods Revenue, (US$, Mn), 2017-2028
Figure 36. Southeast Asia Agarwoods Revenue, (US$, Mn), 2017-2028
Figure 37. India Agarwoods Revenue, (US$, Mn), 2017-2028
Figure 38. By Country - South America Agarwoods Revenue Market Share, 2017-2028
Figure 39. By Country - South America Agarwoods Sales Market Share, 2017-2028
Figure 40. Brazil Agarwoods Revenue, (US$, Mn), 2017-2028
Figure 41. Argentina Agarwoods Revenue, (US$, Mn), 2017-2028
Figure 42. By Country - Middle East & Africa Agarwoods Revenue Market Share, 2017-2028
Figure 43. By Country - Middle East & Africa Agarwoods Sales Market Share, 2017-2028
Figure 44. Turkey Agarwoods Revenue, (US$, Mn), 2017-2028
Figure 45. Israel Agarwoods Revenue, (US$, Mn), 2017-2028
Figure 46. Saudi Arabia Agarwoods Revenue, (US$, Mn), 2017-2028
Figure 47. UAE Agarwoods Revenue, (US$, Mn), 2017-2028
Figure 48. Global Agarwoods Production Capacity (MT), 2017-2028
Figure 49. The Percentage of Production Agarwoods by Region, 2021 VS 2028
Figure 50. Agarwoods Industry Value Chain
Figure 51. Marketing Channels