The global aromatherapy market value in 2022 was USD 2.34 billion, driven by the increasing consumer interest in natural health products across the globe. The global aromatherapy market size is anticipated to grow at a CAGR of 10.7% during the forecast period of 2023-2031 achieve a value of USD 5.83 billion by 2031.
North America: The largest market for aromatherapy, driven by factors such as high consumer awareness, a strong preference for natural health products, and the presence of established market players.
Europe: The second-largest market, with increasing demand for aromatherapy due to a growing aging population, a supportive regulatory framework, and an expanding natural health products sector.
Asia Pacific: Expected to witness the highest growth rate due to factors such as a rapidly growing middle-class population, increasing consumer interest in natural health products, and growing investments in the wellness industry.
Aromatherapy: Introduction
Aromatherapy, also known as essential oil therapy, is a holistic healing treatment that uses natural plant extracts to promote health and well-being. It harnesses the therapeutic properties of essential oils, which are aromatic compounds derived from plants, to improve physical, mental, and emotional health. Aromatherapy can be applied through inhalation, topical application, or massage.Aromatherapy Market Scenario
The global aromatherapy market has witnessed significant growth in recent years, driven by factors such as increasing consumer interest in natural health products, the growing adoption of complementary and alternative medicine, and the expanding range of available aromatherapy products and applications.North America: The largest market for aromatherapy, driven by factors such as high consumer awareness, a strong preference for natural health products, and the presence of established market players.
Europe: The second-largest market, with increasing demand for aromatherapy due to a growing aging population, a supportive regulatory framework, and an expanding natural health products sector.
Asia Pacific: Expected to witness the highest growth rate due to factors such as a rapidly growing middle-class population, increasing consumer interest in natural health products, and growing investments in the wellness industry.
Aromatherapy Market Segmentations
Market Breakup by Product Type
- Consumables
- Equipment
Market by Mode of Delivery
- Topical Application
- Aerial Diffusion
- Direct Inhalation
Market Breakup by Application
- Relaxation
- Skin and Hair Care
- Pain Management
- Cold and Cough
- Insomnia
- Scar Management
- Others
Market Breakup by End User
- Home Use
- Spa and Wellness Centers
- Hospitals and Clinics
- Yoga and Meditation Centers
Market by Distribution Channel
- DTC (Direct-To-Customer)
- B2B (Business-To-Business)
Market by Region
North America
- United States of America
- Canada
Europe
- United Kingdom
- Germany
- France
- Italy
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Trends in the Aromatherapy Market
Some key trends of the market are as follows:- Increasing consumer interest in natural health products: The growing preference for natural and chemical-free products has driven the demand for aromatherapy, as consumers seek alternatives to conventional pharmaceuticals and synthetic personal care products
- Growing adoption of complementary and alternative medicine: The rising awareness and acceptance of complementary and alternative medicine practices, including aromatherapy, have contributed to the growth of the market
- Expanding range of available aromatherapy products and applications: The continuous development of innovative aromatherapy products, such as diffusers, candles, and personal care products, has expanded the market and increased consumer interest
Aromatherapy Market: Competitor Landscape
The report gives an in-depth analysis of the key players involved in the aromatherapy market, sponsors manufacturing the drugs, and putting them through trials to get FDA approvals. The companies included in the market are as follows:- doTERRA
- Mountain Rose Herbs
- Florihana Distillerie
- Plant Therapy Essential Oils
- Stadler Form Aktiengesellschaft
- Young Living Essential Oils
- Edens Garden
- Rocky Mountain Oils, LLC
- Biolandes
- Falcon
- Hubmar International
- SpaRoom
- EO Products
- NOW Foods
- Ryohin Keikaku Co., Ltd.
Table of Contents
1 Preface
3 Global Aroma Therapy Market Overview
4 Global Aroma Therapy Market Landscape
5 Global Aroma Therapy Market Dynamics
6 Global Aroma Therapy Market Segmentation
7 North America Aroma Therapy Market
8 Europe Aroma Therapy Market
9 Asia Pacific Aroma Therapy Market
10 Latin America Aroma Therapy Market
11 Middle East and Africa Aroma Therapy Market
12 Patent Analysis
13 Grants Analysis
14 Clinical Trials Analysis
15 Funding Analysis
16 Partnership and Collaborations Analysis
17 Regulatory Framework
18 Supplier Landscape
19 Global Aroma Therapy Market- Distribution Model (Additional Insight)
21 Company Competitiveness Analysis (Additional Insight)
22 Payment Methods (Additional Insight)
Companies Mentioned
- Doterra
- Mountain Rose Herbs
- Florihana Distillerie
- Plant Therapy Essential Oils
- Stadler Form Aktiengesellschaft
- Young Living Essential Oils
- Edens Garden
- Rocky Mountain Oils, LLC
- Biolandes
- Falcon
- Hubmar International
- Sparoom
- Eo Products
- Now Foods
- Ryohin Keikaku Co. Ltd.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 147 |
| Published | April 2023 |
| Forecast Period | 2023 - 2031 |
| Estimated Market Value ( USD | $ 2.59 Billion |
| Forecasted Market Value ( USD | $ 5.83 Billion |
| Compound Annual Growth Rate | 10.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
