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Global Aromatherapy Market Revenue, Key Players, Supply-Demand, Investment Feasibility and Forecast 2024
The Aromatherapy Market accounted to USD 230.5 million in 2016 growing at a CAGR of 8.5% during the forecast period of 2017 to 2024.Global Aromatherapy Market By Product Type {Consumables (Essential Oils, Blended Oils, Carrier Oils), Equipment (Nebulizing Diffuser, Ultrasonic Diffuser, Evaporative Diffuser, Heat Diffuser)}, By Mode of Delivery (Topical Application, Direct Inhalation, Aerial Diffusion), By Application (Relaxation, Insomnia, Pain Management, Scar Management, Skin & Hair Care, Cold & Cough), By Distribution channel (Retail, Online), By End User (Hospitals, Clinics, Beauty Spas), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
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Aromatherapy is the practice of using the natural oils extracted from flowers, bark, stems, leaves, roots or other parts of a plant to enhance psychological and physical well-being as well as pain reliever. The aroma from these natural oils when inhaled stimulates brain function and promotes body healing. These tests are widely performed by skilled and trained professionals in hospitals, clinics, and beauty spas.
Major Market Drivers and Restraints:
Rising demand for aromatherapy massages
Increasing sales of essential oils for home usage
Growing awareness about therapeutic properties of essential oils
Stringent approval for new essential oils
Lack of proper guidelines and misclassification of essential oils
Aromatherapy Market Segmentation:
By Product Type, the market for Global Aromatherapy Market is segmented into consumables, and equipment. The consumables segment is further sub-segmented into essential oils, blended oils, and carrier oils. The equipment segment is further sub-segmented into nebulising diffuser, ultrasonic diffuser, evaporative diffuser, and heat diffuser.
By mode of delivery, the aromatherapy market is segmented into topical application, direct inhalation, and aerial diffusion. On the basis of application, the market is segmented into relaxation, insomnia, pain management, scar management, skin & hair care, and cold & cough.
On the basis of distribution channel, the aromatherapy market is segmented into retail, and online. On the basis of end-user, the aromatherapy market is segmented into hospitals, clinics, and beauty spas.
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Based on geography, the market is segmented into five geographical regions:
North America
South America
Europe
Asia-Pacific(APAC)
Middle East and Africa(MEA)
Some of the major players operating in Aromatherapy Market are
DoTERRA
Young Living Essential Oils
Mountain Rose Herbs
Edens Garden
Frontier Natural Products Co-op
Rocky Mountain Oils
Plant Therapy Essential Oils
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Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report.
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Key Companies Mentioned:
Young Living is going to dominate the aromatherapy market following with doTERRA, MOUNTAIN ROSE HERBS along with others such as Edens Garden, Frontier Natural Products Co-op, Rocky Mountain Oils, LLC, Plant Therapy Essential Oils, Starwest Botanicals, Hopewell Essential…
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