Global Aromatherapy Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product;

Consumables and Equipment.

By Application;

Boosting Immunity, Pain Management, Scar Management, Skin & Hair Care, and Others.

By Mode of Delivery;

Aerial Diffusion, Topical Application, and Direct Inhalation .

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn107244024 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Aromatherapy Market (USD Million), 2020 - 2030

In the year 2023, the Global Aromatherapy Market was valued at USD 1,887.85 million. The size of this market is expected to increase to USD 3,797.54 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 10.5%.

Aromatherapy, also known as essential oil therapy, is a holistic healing treatment embraced by alternative medicine. It utilizes natural plant extracts, primarily essential oils, to promote holistic health and well-being. These aromatic essential oils are renowned for their therapeutic properties, benefiting the body, mind, and spirit alike. Aromatherapy is recognized for its multifaceted advantages, spanning from enhancing sleep quality and managing pain to alleviating headaches, reducing stress, and even bolstering immunity. Commonly used essential oils in aromatherapy include lemon, lavender, eucalyptus, and tea tree oil, among others, each offering distinct health benefits.

The global Aromatherapy Market is witnessing significant growth, fueled by its widespread adoption in households for various purposes such as relaxation, mood enhancement, and relief from common ailments like cold and flu. The increasing trend of essential oil usage contributes to the market's expansion. Furthermore, key players in the market are driving growth through continuous product innovations and strategic partnerships. Plant Therapy, Inc. introduced new essential oil products in recent years, further diversifying the market offerings. Despite its promising prospects, the Aromatherapy Market faces challenges such as the lack of standardized guidelines and the potential toxicity of essential oils, which may impede market growth. Strict regulatory policies and requirements also pose hurdles for market players, underscoring the need for careful navigation of regulatory landscapes in this industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By Mode of Delivery
    4. Market Snapshot, By Region
  4. Global Aromatherapy Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Consumer Demand
        2. R&D and Product Innovation
        3. Non-Invasive Nature
        4. Lifestyle Sector Growth
        5. Online Retail Expansion
      2. Restraints
        1. Lack of Regulation
        2. Toxicity Concerns
        3. Stringent Regulations
        4. Limited Scientific Evidence
      3. Opportunities
        1. Product Diversification
        2. Medical Integration
        3. E-commerce Growth
        4. Partnering with Hospitality Industry
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Aromatherapy Market, By Product, 2020 - 2030 (USD Million)
      1. Consumables

      2. Equipment

    2. Global Aromatherapy Market, By Application,2020 - 2030 (USD Million)
      1. Boosting Immunity
      2. Pain Management
      3. Scar Management
      4. Skin & Hair Care
      5. Others
    3. Global Aromatherapy Market, By Mode of Delivery, 2020 - 2030 (USD Million)
      1. Aerial Diffusion
      2. Topical Application
      3. Direct Inhalation
    4. Global Aromatherapy Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Young Living Essential Oils
      2. Mountain Rose Herbs
      3. Edens Garden
      4. Rocky Mountain Oils, LLC
      5. Plant Therapy Essential Oils
      6. FLORIHANA
      7. Biolandes
      8. Falcon
      9. Stadler Form Aktiengesellschaft
      10. Hubmar International
      11. SpaRoom
      12. EO Products
      13. NOW Foods
      14. Ryohin Keikaku Co., Ltd
  7. Analyst Views
  8. Future Outlook of the Market

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