Press release
Aromatherapy Diffuser Market to Expand at a Healthy CAGR of 9% through 2031
Aromatherapy diffuser market is projected to reach US$ 1.6 Bn by 2021, while registering a CAGR worth 9% and reaching US$ 3.8 Bn by the end of the 2021-2031 forecast period. Asia is expected to emerge as the most promising market, capturing more than 1/3rd of global revenue.Market Size (2021) US$ 1.6 Bn
Projected Market Forecast Value by 2031 US$ 3.8 Bn
Value CAGR (2021-2031) 9%
Market Share of Asia 1/3rd
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A comprehensive estimate of the Aromatherapy Diffuser market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of Aromatherapy Diffuser during the forecast period. Price point comparison by region with the global average price is also considered in the study.
Key Segments Covered
Product
Ultrasonic Aromatherapy Diffuser
Aromatherapy Nebulizers
Evaporative Aromatherapy Diffuser
Aromatherapy Heat Diffuser
Distribution Channel
Aromatherapy Nebulizer Sales via Retailers
Aromatherapy Nebulizer Sales via Hypermarkets/Supermarkets
Aromatherapy Nebulizer Sales via E-Commerce
Aromatherapy Nebulizer Sales via Other Distribution Channels
Application
Residential Aromatherapy Diffuser
Commercial Aromatherapy Diffuser
Spa & Salon Aromatherapy Diffuser
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• Also, this report will help you to identify any trends to forecast growth rates.
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Key Takeaways of Aromatherapy Diffuser Market Study
Ultrasonic aromatherapy diffusers will grow two-fold during the forecast. Owing to its use of electricity and water as a transference mechanism, ultrasonic diffusers are projected to attract consumers through 2029.
E-commerce distribution channels are set to exhibit stupendous growth with over 10% CAGR between 2019 and 2029. Convenience of availability and highly competitive discounts position e-commerce as the key channel for future growth opportunities.
High net worth incomes are spurring growth in the residential applications of aromatherapy diffusers. The segment will grow more than two-folds on the back of surging adoption of aromatherapy in houses.
APAC (East Asia and South Asia & Oceania) offer the most remunerative opportunities with a dexterous 9% CAGR through 2029. These regions cumulatively account for more than 1/3rd of the total market value.
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After reading the Market insights of Aromatherapy Diffuser Report, readers can:
• Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
• Analyze key regions holding significant share of total Aromatherapy Diffuser market revenue.
• Study the growth outlook of Aromatherapy Diffuser market scenario, including production, consumption, history and forecast.
• Learn consumption pattern and impact of each end use & supply side analysis of Aromatherapy Diffuser market.
• Investigate the recent R&D projects performed by each market player & competitive analysis of Aromatherapy Diffuser Market Players.
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How Fact.MR Assists in Making Strategic Moves For Aromatherapy Diffuser Market Manufacturer?
• The data provided in the Aromatherapy Diffuser market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
• The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.
Competitive Landscape
Prominent aromatherapy diffuser manufacturers are focusing on incorporating technological advancements, leveraging such breakthroughs as AI and smart connectivity. In addition, players are constantly broadening product portfolios by introducing new product lines. Some notable developments are as follows:
In April 2021, Scentys launched a connected and intelligent fragrance distribution solution for fragrance and home comfort brands. Both connected and smart, it combines ease-of-use and high-quality diffusion to create a new ritual for consumers.
In July 2021, Organic Aromas® introduced cutting-edge products to the market. The list of products includes the Essential Oil Blending Lab Kit, The Attar Nebulizing Diffuser, and the ultimate blending guide eBook. The company also received a new trademark for the Raindrop diffuser design.
In August 2020, Vectair Systems launched their new ‘Aromatherapy Collection’ for their SensaMist® product range. The unique characteristics; comforting, encouraging, reassuring, and soothing, helped businesses reinvigorate their reopenings to the public after the nationwide COVID-19 lockdowns.
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