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Aromatherapy Products Market Size, 2023 Share, Key Players, Growth Trends, and Forecast Analysis 2031 | Air Aroma, Mountain Rose Herbs, Hubmar International
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Aromatic plant chemicals and other essential oils are used in a variety of unconventional, conventional, and complementary treatments together known as aromatherapy. It is the therapeutic method or the medicinal utilization of aromatic substances for a full recovery. With an increase in hectic schedules and busy lifestyles, individuals pursue relaxing and stress-releasing therapies. Some oils like mandarin, lavender, and rose have a relaxing and stimulating impact on the body and mind.
Factors Affecting Marketing Growth
The rising prevalence of skin problems as it is used nourishes the skin and lowers inflammation which helps in driving the growth of the global market.
The rise in consumer cost of health and wellness is a primary factor expected to drive the growth of the global market.
The limited availability of essential oil which is mainly used in aromatherapy practices and the high cost of aromatherapy are factors that hinder the growth of the global market.
Impact on COVID-19 Analysis
COVID-19 had a positive impact on the growth of the global market, due to the significance of aromatherapy products increased during the pandemic as the number of patients with mental health problems rises, which drives the growth of the market. Furthermore, essential oils of jasmine and sandalwood are used by patients to reduce depression, sadness, and stress. Thus, growing cases of depression and sadness, especially during COVID-19 drive the growth of the global market.
Regional Analysis
North America recorded the highest market share in 2021 and is expected to hold its position during the forecast period. This is majorly due to the rising need for the aromatherapy sector in this region. Busy lifestyles of consumers result in mental health disorders such as depression, and anxiety disorders, as well as high levels of stress. In addition, unhealthy food habits, and an inactive lifestyle, lead to abdominal pain, headaches, and high blood pressure, pushing consumers to go for stress relief treatments like aromatherapy, massage, and spa treatments.
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Leading Competitors
The prominent players in the global aromatherapy products market are:
H.Reynaude & Fils
Air Aroma
Mountain Rose Herbs
Hubmar International
Falcon Essential Oils
Stadler Form
Biolandes
Young Living Essential Oils LC
Edens Garden
Rocky Mountain Oils
Others
Segmentation Analysis
The global aromatherapy products market segmentation focuses on Product, Application, Form, Distribution Channel, and Region.
Segmentation on the basis of Product
Essential Oils
Blend Oils
Segmentation on the basis of Application
Skin and Hair Care
Relaxation and Sleep
Pain Management
Others
Segmentation on the basis of Form
Medical
Holistic
Others
Segmentation on the basis of Distribution Channel
E-commerce
Direct Distribution
MLM Distribution
Supermarket and Hypermarket
Pharmaceutical and Speciality Store
Others
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Segmentation on the basis of Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Key questions answered in the global market report are:
-- How does a global company acquire markets?
-- What are its core strategies and policies?
-- What factors will influence the market over the forecast period?
-- What are the factors driving and restraining the market?
-- What are the leading competitors in the global market?
-- Which region is growing at a higher pace in the global market?
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