Aromatherapy Diffuser Market To Witness CAGR Of 9% Increase In Value Share During The Forecast Period 2022 to 2031 : FactMR

A recently published report by Fact.MR reveals that the global aromatherapy diffuser market is projected to grow at a modest CAGR of 9% during the forecast period (2021-2031), reaching US$ 3.8 Bn. Support from the science community in propounding the benefits of aromatherapy on mental health has had a positive impact on the aromatherapy diffuser market.

From 2016 to 2020, aromatherapy diffuser products sales accelerated at a CAGR of 5%. These experienced further incline throughout 2020, attributed to increasing stress levels amongst individuals due to the COVID-19 pandemic. Numerous studies concluded that enveloped viruses such as the SARS-CoV-2 are highly sensitive to essential oils, such as eucalyptus, garlic and other aromatic oils. Hence their uptake in several diffusers increased multifold.

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Key Segments Covered
• Product
o Ultrasonic Aromatherapy Diffuser
o Aromatherapy Nebulizers
o Evaporative Aromatherapy Diffuser
o Aromatherapy Heat Diffuser

• Distribution Channel
o Aromatherapy Nebulizer Sales via Retailers
o Aromatherapy Nebulizer Sales via Hypermarkets/Supermarkets
o Aromatherapy Nebulizer Sales via E-Commerce
o Aromatherapy Nebulizer Sales via Other Distribution Channels

• Application
o Residential Aromatherapy Diffuser
o Commercial Aromatherapy Diffuser
o Spa & Salon Aromatherapy Diffuser

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Key Takeaways from the Market Study
Ultrasonic aromatherapy diffusers will grow 2x during the forecast period

E-commerce distribution channels set to exhibit stupendous growth with over 10% CAGR.
Residential applications to expand at a CAGR of 8% from 2021 to 2031

North America to be a lucrative aromatherapy diffuser market, registering a CAGR of 8%

Asia to emerge as the fastest growing market, growing at a CAGR of 9% until 2031

Europe to be a potential growth hotspot, expanding at a growth rate of 7%

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This release was published on openPR.