North America sandalwood market Size & Outlook, 2026-2034
North America sandalwood market Insights
- Reed Intelligence analysis indicates that the North America sandalwood market size, which was USD 96.53 Billion in 2025, is projected to attain USD 171.28 Billion by 2034.
- The market is expected to register a CAGR of 6.4% over the period 2026–2034.
- In 2025, emerged as the dominant based on market size.
- is projected to register the fastest growth, positioning it as the most attractive segment over the forecast horizon.
Source: RI Analysis Company Publications, Primary Interviews.
Other Key Findings
- In 2025, North America accounted for 39.4% of the global sandalwood market size.
- By 2034, United States is projected to lead the global market in terms of market size.
- United States is projected to emerge as the fastest-growing market in North America, reaching USD 130.59 Billion by 2034.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2025 |
| Study Period | 2022-2034 |
| Historical Period | 2022-2024 |
| Forecast Period | 2026-2034 |
| Market Size In 2025 | USD 96.53 Billion |
| Market Size In 2034 | USD 171.28 Billion |
| Largest segment | |
| Units | Revenue in USD Billion |
| CAGR | 6.4% (2026-2034) |
| Segmnetation Covered | |
| North America |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
North America sandalwood market Country 2026-2034 (USD Billion)
| North America | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | XX.x | XX.x | XX.x | 72.91 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Canada | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: RI Analysis Company Publications, Primary Interviews.