It all started back in year 2008, where our founder saw the vision and market potential for Agarwood tree. He envisioned that one day, Agarwood trees could be one of the game changers in many industries where the biggest industry today is in perfume industry. Fascinating by life cycle of Agarwood tree compared to other plantation, he seized this opportunity by becoming one of the inoculation suppliers and researcher and never look back ever since.
Agarwood is a type of plantation that produce fragrance resin-infused wood derived from the wounded trees of Aquilaria species. In order to cope with shortage supply especially in personal care and cosmetic industry with estimated CAGR of 9,2% from year 2018 – year 2019, we have developed our own patented artificial agarwood-inducing methods to meet the global demands. Through this method, our company could satisfy the significant demand for Agarwood, while conserving and protecting the remaining wild Aquilaria trees.
through commercial forestry, Agarwood can bring a positive impact to the local eco-system and importantly our technology doesn’t involve any dangerous chemical that will harm the environment.
Agarwood command a high demand plus its lack of correlation with traditional financial instrument and commodities like gold makes it resilient to the fluctuations of other asset classes.
a growing demand in larger market such as Middle-East, Asia, USA, and Europe for its chips, oil, carvings, incense products, and traditional medicine versus its limited supply has caused price skyrocketed over the years.
In Asia, Agarwood are widely used from prayer, decoration, traditional medicine and many more. However, until today, it is still described as “only the rich will use it” because of its price and the rare supply in the market. China people symbolize Agarwood with luck.