Aromatherapy Market 2019 - A Complete Overview by Nu Skin, Air Aroma, Ryohin Keikaku Co., Ltd., G. Baldwin & Co., Ouwave Aroma Tech (shenzhen) CO. Ltd
Global Aromatherapy Market is expected to rise from its initial estimated value of USD 5.09 billion in 2018 to an estimated value of USD 9.57 billion by 2026, registering a CAGR of 8.2% in the forecast period of 2019-2026. This rise in market value can be attributed to the growing popularity of aromatherapy.
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A few of the major competitors currently working in the aromatherapy market are
Young Living Essential Oils (US),
MOUNTAIN ROSE HERBS (US),
Edens Garden (USA),
Frontier Co-op. (Europe),
Rocky Mountain Oils, LLC (USA),
PLANT THERAPY ESSENTIAL OILS (US),
Starwest Botanicals (US),
Hopewell Essential Oils,
North American Herb and Spice (USA),
Nu Skin (US),
Air Aroma (USA),
Ryohin Keikaku Co., Ltd. (Japan),
ZIJA INTERNATIONAL. ALL (US),
G. Baldwin & Co. (UK),
Ouwave Aroma Tech (shenzhen) CO. Ltd (China),
Ryohin Keikaku Co., Ltd (Japan),
Infocom Network Limited (India),
artnaturals (USA) and others.
Global Aromatherapy Market By Product Type (Consumables, Equipment), Mode of Delivery (Topical Application, Direct Inhalation, Aerial Diffusion), Application (Relaxation, Insomnia, Pain Management, Scar Management, Skin & Hair Care, Cold & Cough), Distribution channel (DTC(Retail, E-commerce), B2B), End User (Home Use, Spa & Wellness Centers, Hospitals & Clinics, Yoga & Meditation Centers), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Aromatherapy uses aromatic oils, and other aroma compounds for improving psychological or physical well-being. It is increasingly being used in homes such as relaxation and sleep, mood enhancement, cold and flu relief, and pain relief.
In US There is no certification for aromatherapists. However, there are over 2,000 clinical aromatherapists who prescribe aromatherapy for all kinds of ailments, including acne, fungus, asthma, allergies, and constipation.
Growing Trend of Essential Oils Adoption, act as market driver.
Increasing Sales of Essential Oils for Home Usage, act as market driver.
Side effects associated with aromatherapy, this effect as market restraints.
Stringent regulatory environment, this effect as market restraints.
Segmentation: Global Aromatherapy Market
By Product Type
By Mode of delivery
Skin & Hair Care
Cold & Cough
By Distribution Channel
By End User
Spa & Wellness Centers
Hospitals & Clinics
Yoga & Meditation Centers
Middle East and Africa
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Key Developments in the Market:
In April 2018, Plant Therapy Essential Oils announced that they have launched an exclusive and limited edition of Mother's Day set, Dear Mom set. This set includes various products that complete the need of mothers, for relaxing and unwinding.
In May 2017, Young Living Essential Oils made non-cash acquisition of Life Matters LLC, a wellness company. Both the companies are based in the direct selling industry and share common goals, culture and mission.
Competitive Analysis: Global Aromatherapy Market
Global aromatherapy market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of aromatherapy market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Reasons to Purchase this Report
Current and future of global aromatherapy market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
1.1. OBJECTIVES OF THE STUDY 1.2. MARKET DEFINITION 1.3. OVERVIEW OF GLOBAL AROMATHERAPY MARKET 1.4. CURRENCY AND PRICING 1.5. LIMITATION 1.6. MARKETS COVERED
2. MARKET SEGMENTATION
2.1. MARKETS COVERED 2.2. GEOGRAPHIC SCOPE 2.3. YEARS CONSIDERED FOR THE STUDY 2.4. CURRENCY AND PRICING 2.5. RESEARCH METHODOLOGY 2.6. PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 2.7. SECONDARY SOURCE 2.8. ASSUMPTIONS
3. MARKET OVERVIEW
4. EXECUTIVE SUMMARY
5. PREMIUM INSIGHTS
6. GLOBAL AROMATHERAPY MARKET, BY CONSUMABLES
7. GLOBAL AROMATHERAPY MARKET, BY EQUIPMENT
8. GLOBAL AROMATHERAPY MARKET, BY MODE OF DELIVERY
9. GLOBAL AROMATHERAPY MARKET, BY APPLICATION
10. GLOBAL AROMATHERAPY MARKET, BY DISTRIBUTION CHANNEL
11. GLOBAL AROMATHERAPY MARKET, BY END USER
12. GLOBAL AROMATHERAPY MARKET, BY GEOGRAPHY
13. GLOBAL AROMATHERAPY MARKET, COMPANY LANDSCAPE
14. COMPANY PROFILES
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