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Aromatherapy Market is projected to grow at a CAGR of 10.5% during 2022-2029 | Size, Trend, Growth & Forecast
Aromatherapy Market
For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/aromatherapy-market/
The factors driving the growth of Aromatherapy Market includes rising use of aromatherapy to treat cardiovascular and respiratory disorders, gastrointestinal infections, and skin-related problems, increasing preference for natural therapies over man-made drugs, growing popularity of lavender oil, cedarwood oil and Roman chamomile oil and non-invasive nature of aromatherapy. As per the Global Burden of Disease Study 2017. around 545 million people worldwide suffered from chronic respiratory disease in 2017, showing an increase of 39.8% since 1990, which is pushing the demand for aromatherapy across the globe. Moreover, rise in the number of spas worldwide, increasing availability of essential oils at distribution channels, government initiatives promoting aromatherapy, growing awareness about the benefits of aromatherapy treatment, are some of the additional factors supplementing the Global Aromatherapy Market. In addition, the increasing investments by leading players on research and development, rising disposable incomes and growing population growth rates, are further propelling the Aromatherapy Market size.
However, growth of the Aromatherapy Market is hindered attributed to side effects of using essential oils.
The prominent players operating in the market are dōTERRA, Rocky Mountain Oils, Firmenich SA, Young Living Essential Oils, Phoenix Aromas & Essential Oils LLC, Enio Bonchev, Robertet, The Lebermuth Company, Inc., Biolandes., and Sydney Essential Oils Co, among others.
Based on Product, the Consumables segment is predicted to grow at a significant CAGR during the forecast period
Increasing use of essential oils to treat insomnia, anxiety to cardiovascular pains and rising number of spas and wellness centers across the globe, are some of the factors responsible for the segment's growth.
Based on Mode of Delivery, the Direct Inhalation segment is projected to expand at a robust CAGR over the forecast period
As per the Aromatherapy Market Trends, increasing application of aromatherapy procedures to treat muscular pain and anxiety, is pushing segment's growth.
Based on Region, the North American region is anticipated to grow at a remarkable CAGR during the forecast period
According to the Aromatherapy Market Analysis, rise in the number of saps and wellness centers across United States and Canada, growing awareness about the benefits of aromatherapy, increasing population growth rates and high per capita incomes, are some of the important factors augmenting the market growth in North American region.
Market Segmentation
Segmentation by Product
Consumables
Essential Oils
Carrier Oils
Equipment
Ultrasonic
Nebulizing
Evaporative
Heat
Segmentation by Mode of Delivery
Topical Application
Direct Inhalation
Aerial Diffusion
Segmentation by End Use
Home
Wellness & Spa Centres
Hospital & Clinics
Yoga & Meditation Centres
Segmentation by Region
Asia Pacific
China
Japan
India
Rest of APAC
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
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GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
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