Aromatherapy is a holistic healing practice that uses essential oils and aromatic compounds derived from plants to improve physical, emotional, and mental well-being. These natural extracts are often inhaled, applied topically, or used in diffusers to promote relaxation, reduce stress, alleviate certain ailments, and enhance overall health. The increasing awareness of essential oil benefits is driving consumer demand for innovative diffusers, including various scent dispensers, in both developed and developing countries. As more individuals seek a healthy lifestyle and discover the various health benefits of essential oils, the demand for aromatherapy diffusers for home and workplace use continues to rise.
Access Full Report: https://www.databridgemarketresearch.com/reports/global-aromatherapy-market
Data Bridge Market Research analyses that the Global Aromatherapy Market is expected to grow at USD 1.91 billion in 2022 and is expected to reach USD 4.95 billion by 2030, registering a CAGR of 12.60% during the forecast period of 2023-2030. As consumers become more informed about the healing properties of essential oils, there is a surge in demand for aromatherapy products. Essential oils' various therapeutic benefits, such as stress relief and improved sleep, contribute to their popularity in the market.
Key Findings of the Study
Rising consumer interest in meditation and wellness practices is expected to drive the market's growth rate
As consumers show a growing interest in meditation and wellness practices, aromatherapy has emerged as a complementary tool in promoting relaxation and enhancing the overall experience. The use of soothing essential oils during meditation sessions creates a calming and tranquil environment, encouraging mindfulness and reducing stress. Aromatherapy's ability to evoke positive emotions and support mental well-being aligns well with the increasing focus on holistic approaches to achieve inner peace, making it a popular choice among individuals seeking a balanced and rejuvenating lifestyle.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2023 to 2030
|
|
Base Year
|
2022
|
|
Historic Years
|
2021 (Customizable to 2015-2020)
|
|
Quantitative Units
|
Revenue in USD Billion, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Product Type (Consumables, Equipment), Mode of Delivery (Topical Application, Direct Inhalation, Aerial Diffusion), Application (Relaxation, Insomnia, Pain Management, Scar Management, Skin and Hair Care, Cold and Cough), Distribution channel (Direct-To-Customer, B2B), End-User (Home Use, Spa and Wellness Centers, Hospitals and Clinics, Yoga and Meditation Centers)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
|
|
Market Players Covered
|
Air Aroma (Australia), dōTERRA (U.S.), Edens Garden (India), Frontier Co-op., (U.S), Hubmar (U.S.), Isagenix Worldwide, Inc. (U.S.), Mountain Rose Herbs (U.S.), NuSkin. (U.S.), FLORIHANA (France), PLANT THERAPY ESSENTIAL OILS (U.S.), Rocky Mountain Oils LLC. (U.S.), Stadler Form (Switzerland), Young Living Essential Oils (U.S.), NOW Foods (U.S.), Puzhen Life Co., Ltd (Hong Kong), Organic Aromas (U.S.)
|
|
Data Points Covered in the Report
|
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
|
Segment Analysis:
The global aromatherapy market is segmented on the basis of product type, mode of delivery, application, distribution channel, and end user.
- On the basis of product type, the aromatherapy market is segmented into consumables, equipment.
- On the basis of mode of delivery, the aromatherapy market is segmented into topical application, direct inhalation, aerial diffusion.
- On the basis of application, the aromatherapy market is segmented into relaxation, insomnia, pain management, scar management, skin and hair care, cold and cough.
- On the basis of distribution channel, the aromatherapy market is classified into direct-to-customer, B2B
- On the basis of end-user, the aromatherapy market is segmented into home use, spa and wellness centers, hospitals and clinics, yoga and meditation centers.
Major Players
Data Bridge Market Research recognizes the following companies as the major global aromatherapy market players in global aromatherapy market are FLORIHANA (France), PLANT THERAPY ESSENTIAL OILS (U.S.), Rocky Mountain Oils LLC. (U.S.), Stadler Form (Switzerland), Young Living Essential Oils (U.S.)
Market Developments
- In 2022, International Flavors & Fragrances Inc. announced the opening of its new Singapore Innovation Center, the first in the company's global network of research, creative, and application centers to combine the technologies, capabilities, and expertise of all four business divisions.
- In 2022, Young Living, the global leader in essential oils and essential oil-infused products, received 17 essential oil production patents in usefulness and design from the United States Patent and Trademark Office, more than any other direct sales firm in the world.
- In 2022, The WoodWick Candle Brand, a division of Newell Brands, introduced the WoodWick Radiance diffuser, a battery-powered diffuser designed to reflect the brand's iconic hourglass silhouette and provide consumers with an easy-to-change refill process that does not require water.
- In 2022, Saje Natural Wellness produced a limited-edition Aroma Mosaic diffuser in March in collaboration with The Little Market, a non-profit fair-trade shop selling ethically sourced, artisan-made products.
Regional Analysis
Geographically, the countries covered in the global aromatherapy market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
North America is the dominant region in the global aromatherapy market during the forecast period 2023-2030
North America's dominance in the aromatherapy market is attributed to its well-established healthcare system and substantial healthcare spending, allowing consumers to explore and invest in alternative medicine practices such as aromatherapy. The region's robust healthcare infrastructure provides easy access to aromatherapy products and services, driving market growth. Additionally, increasing awareness of the benefits of alternative medicines, including aromatherapy's therapeutic properties, is further projected to boost market expansion in North America. Consumers' growing interest in natural and holistic wellness solutions contributes to the rising demand for aromatherapy products in the region.
Asia-Pacific is estimated to be the fastest-growing region in the global aromatherapy market in the forecast period 2023-2030
The Asia-Pacific market for aromatherapy is anticipated to witness rapid growth due to the region's dynamic economic growth and adoption of emerging trends and technologies. Countries such as China and Japan present profitable trading opportunities for essential oils, stimulating market expansion. Additionally, the rising prevalence of various illnesses in the region has encouraged consumers to explore alternative healthcare approaches such as aromatherapy, further boosting market demand. The combination of economic development, market opportunities, and growing health awareness contributes to the region's fast-paced aromatherapy market growth.
For more detailed information about the aromatherapy market report, click here – https://www.databridgemarketresearch.com/reports/global-aromatherapy-market
