Sandalwood, derived from the sandalwood tree, is highly valued for its fragrance and various applications across industries. sandalwood content typically refers to products or materials related to sandalwood, including perfumes, cosmetics, soaps, lotions, and candles infused with sandalwood fragrance. Sandalwood's unique aroma is sought after in luxury products, and it often commands premium prices.
Uses of Sandalwood:-
Essential Oils: Sandalwood essential oil is extracted from the wood of the sandalwood tree and is used in aromatherapy, perfumery, cosmetics, and traditional medicine. It's known for its calming and soothing properties, making it a popular ingredient in spa products and wellness items.
Medicinal and Ayurvedic Applications: Sandalwood has been used for centuries in Ayurvedic medicine for its antiseptic, anti-inflammatory, and cooling properties. Products such as sandalwood paste and oil are utilized for skincare, treating skin conditions, and promoting overall well-being.
Incense:
Sandalwood incense sticks and cones are widely used in religious ceremonies, meditation practices, and for creating a pleasant atmosphere. The demand for quality sandalwood incense remains steady due to its cultural and spiritual significance.
Wood Products:
Sandalwood timber is highly valued for its fine grain, durability, and aromatic properties. It's used in crafting furniture, carving sculptures, making musical instruments (such as sitars), and in high-end woodworking projects.
Cultural and Religious Significance:
Sandalwood holds significant cultural and religious importance in various traditions, particularly in regions like India and China. This drives demand for sandalwood products used in rituals, ceremonies, and religious practices.
Research and Development:
With growing interest in natural and sustainable products, there's ongoing research into the therapeutic properties of sandalwood and its potential applications in areas such as skincare, mental health, and holistic healing.
Environmental Concerns and Regulations:
Due to overexploitation and illegal logging, sandalwood faces conservation challenges. Sustainable sourcing practices and adherence to regulations regarding the trade and use of sandalwood are increasingly important for businesses operating in this sector.
Within the tapestry of Indian culture, sandalwood assumes a paramount role in the spiritual lives of its people. The essential oil derived from this precious wood has carved a distinguished niche within the realm of perfumery, captivating the hearts of connoisseurs and enthusiasts alike. While it may be found in select pockets of other lands, the Indian Sandalwood reigns supreme, unrivaled in its unparalleled quality and allure.
Sandalwood Cultivation can fetch you approximately Rs. 2.5 to 3 lakhs starting from one tree as per previously recorded Government Auction Data.
Analysing the Market Demand of Sandalwood for the Next Decade
(Through the lens of Sandalwood Oil)
The Key Driver of Sandalwood Market is the countless benefits of Sandalwood Oil. So we are looking at the Market & Demand of Sandalwood through Sandalwood Oil Market Research and Predictions.
No. of White Sandalwood Plants Per Acre | Cost Per Plant | Total |
600 | 350 | 600×350= 2,10,000 |
No. of Host Plants Per Acre | Cost Per Plant | Total |
1200 | 125 | 1200×125=1, 50,000 |
Total Investment on White Sandalwood | Total Investment on Pomegranate | Total Cost |
2,10,000 | 1,50,000 | 2,10,000+ 1,50,000= 3,60,000 |
Harvesting Timing : 15 to 20 Years
(Considering 1 Tree = 100 Kg (Avg.)
Year | Girth | Heartwood | Sapwood |
15-20 Years | 22-25 | 7-10 | 90-93 |
White Sandalwood Cost per Kg: Rs 22000 (approx.)
Assume 20% loss may happen in damages,
Total Plant : 600-20% = 480 Plants
Category | No. of plants per acre | Average Heartwood (Kg)/Tree | Total Weight in 1 Acre (kg) | Tentative Rate of Heartwood In Per kg |
White Sandalwood | 480 | 7 | 480X7=3,360 | 22,000 |
TOTAL Revenue: 3,360 X 22,000= 7,39,20,000.00
Category | No. of plants per acre | Average Heartwood (Kg)/Tree | Total Weight in 1 Acre (kg) | Tentative Rate of Heartwood In Per kg |
White Sandalwood | 480 | 90 | 480X90=43200 | 600 |
TOTAL Revenue : 43,200*600=2,59,20,000
Category | Heartwood | Sapwood | Total |
White Sandalwood | 7,39,20,000/- | 1,15,20,000 | (7,39,20,000+2,59,20,000) =9,98,40,000.00 |
Why is it necessary to have a host plant?
Years of plantation | Category | No of plants | Average fruit(Kg)/ Tree | Total weight in kg | Tentative Rate of fruits In Per kg | Total INR (lakhs) |
2 | High Quality Pomegranate | 1,200 | 10 | 1,200X10=12,000 | 50 | 12,000x50= 6,00,000.00 |
Returns from Pomegranate crops after 2 Years
When Can Sandalwood Trees be planted?
The biggest advantage of this is that it can be planted throughout the year and in all seasons, and it will not spoil.
Care Guidelines for Sandalwood Trees
Important to keep in mind:
According to experts, sandalwood trees get affected only when they are subjected to excess water. Hence, preventing excess water around its roots is primarily important.