The Global Market Value of Lal Chandan (Sandalwood)

Lal Chandan, commonly known as red sandalwood, has been prized for centuries for its unique fragrance, medicinal properties, and cultural significance. This paper aims to analyze the global market value of Lal Chandan, exploring its applications in various sectors, market trends, demand-supply dynamics, and challenges. With increasing awareness of its benefits and growing demand in cosmetics, pharmaceuticals, and traditional medicine, the market for Lal Chandan continues to evolve. This paper provides insights into the market landscape, pricing trends, and the future potential of this valuable resource.