Aromatherapy Market Outlook (2017-2024): Decisive Growth Factors for Home Usage & Business

Global Aromatherapy Market is expected to reach USD 8,213.1 million by 2024 from USD 4,352.1 million in 2016, growing at a CAGR of 8.4% in the forecast period 2017 to 2024. The new market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. Injectable drug delivery device packaging market has the largest market segment in aromatherapy market.

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Global Aromatherapy Market Segmentation:

Global Aromatherapy Market By Consumables {Essential Oils (Floral, Citrus, Herbaceous, Spicy, Woodsy, Earthy, Camphorous), Carrier Oils, Blended Oils}, Equipment (Nebulizing Diffuser, Ultrasonic Diffuser, Evaporative Diffuser, Heat Diffuser), Mode of Delivery (Topical Application, Direct Inhalation, Aerial Diffusion, Internal), Application (Relaxation, Insomnia, Pain Management, Scar Management, Skin and Hair Care, Cold and Cough), Distribution Channel (Retailers and wholesalers, Online), End-User (Home care, Spa & Wellness Centers), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

The Global Aromatherapy Market is highly concentrated to a few big players and rest to local players who cater to domestic markets only. Young Living Essentials dominated the aromatherapy market accounting for the highest market share of 22.5% in 2016, followed by doTERRA and MOUNTAIN ROSE HERBS. Other players in this market include Edens Garden, Frontier Natural Products Co-op, Rocky Mountain Oils, LLC, Plant Therapy Essential Oils, Starwest Botanicals, Hopewell Essential Oils, North American Herb and Spice, among other companies.

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Young Living Essentials:

Established in 1994 and headquartered in Lehi, Utah, U.S., Young Living Essential Oils specializes in producing and providing pure, powerful essential oils. The company has seven business segments—new and seasonal, essential oils & blends, at home, healthy & fit, personal care, diffusers& accessories, and animal care. The essential oils and blends segment focuses on providing products such as essential oil singles, essential oil blends, roll-ons, massage oils, collections, diffusers & tools, accessories, dietary essential oils. Young Living Essential Oils mission is to honor their stewardship to champion nature’s living energy, essential oils, by fostering a community of healing and discovery while inspiring individuals to wellness, purpose, and abundance.

doTERRA:

Founded in 2008 and headquartered in Pleasant Grove, Utah, U.S., doTERRA is involved in manufacturing and distribution of high quality Certified Pure Therapeutic Grade (CPTG) essential oils. The company operates in two segments essential oils and other products. Essential oils segment focuses on providing single oils, proprietary blends, dōterra on guard products, deep blue products, digestzen products. doTERRA mission is of sharing therapeutic-grade essential oils with the world.

The company has its footprint worldwide with its locations in 17 countries across North America, Latin America, Asia Pacific, Eastern Europe, Middle East and Africa.

Recent Developments:

• In June 2016, doTERRA expanded in Canada with two new distribution centres. The expansion will serve as a client base and bring continual growth and opportunities throughout the world.

• In April 2012, doTERRA expanded itself in Japan. This expansion would act as a growth driver as Taiwan acts as a prime location with highly accessible, executive offices and vibrant product stores.

MOUNTAIN ROSE HERBS:

Founded in 1987 and headquartered in Eugene, Oregon, U.S., MOUNTAIN ROSE HERBS is involved in the manufacture and sales of organic herbs & spices, organic body care products, organic teas, natural health. MOUNTAIN ROSE HERBS operates on following business areas as herbs and spices, teas, aromatherapy, ingredients, health, bath and body, containers, home goods, specials. Aromatherapy segment offers products such as aroma oil blends, aroma sprays, candles, diffusers and burners, essential oils, hydrosols, kits and samples.

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Global Aromatherapy Market Major Players:

Some of the major players operating in this market are:

doTERRA,
Young Living Essential Oils,
MOUNTAIN ROSE HERBS,
Edens Garden,
Frontier Natural Products Co-op,
Rocky Mountain Oils,
LLC,
Plant Therapy Essential Oils,
Starwest Botanicals,
Hopewell Essential Oils,
North American Herb and Spice,
among other companies.

Table of Contents:

1. INTRODUCTION

1.1. OBJECTIVES OF THE STUDY
1.2. MARKET DEFINITION
1.3. OVERVIEW OF GLOBAL AROMATHERAPY MARKET
1.4. CURRENCY AND PRICING
1.5. LIMITATION
1.6. MARKETS COVERED

2. MARKET SEGMENTATION

2.1. MARKETS COVERED
2.2. GEOGRAPHIC SCOPE
2.3. YEARS CONSIDERED FOR THE STUDY
2.4. CURRENCY AND PRICING
2.5. RESEARCH METHODOLOGY
2.6. PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.7. SECONDARY SOURCE
2.8. ASSUMPTIONS

3. MARKET OVERVIEW

3.1. DRIVERS

3.1.1. GROWING TREND OF ESSENTIAL OILS ADOPTION
3.1.2. INCREASING SALES OF ESSENTIAL OILS FOR HOME USAGE
3.1.3. INCREASING DISPOSABLE INCOME
3.1.4. GROWING POPULARITY OF AROMATHERAPY

3.2. RESTRAINTS

3.2.1. STRINGENT APPROVAL FOR NEW ESSENTIAL OILS

3.3. OPPORTUNITIES

3.3.1. TRADE LIBERALIZATION
3.3.2. ABUSE OF ESSENTIAL OILS

3.4. CHALLENGES

3.4.1. SIDE-EFFECTS RELATED TO AROMATHERAPY
3.4.2. REGULATORY AND QUALITY ISSUES WITH THE ESSENTIAL OILS SUPPLY CHAIN

4. EXECUTIVE SUMMARY

5. PREMIUM INSIGHTS

6. GLOBAL AROMATHERAPY MARKET, BY CONSUMABLES

6.1. OVERVIEW
6.2. ESSENTIAL OILS

6.2.1. FLORAL
6.2.2. CITRUS
6.2.3. HERBACEOUS
6.2.4. SPICY
6.2.5. WOODSY
6.2.6. EARTHY
6.2.7. CAMPHOROUS

6.3. CARRIER OILS

6.4. BLENDED OILS

7. GLOBAL AROMATHERAPY MARKET, BY EQUIPMENT

7.1. OVERVIEW
7.2. NEBULIZING DIFFUSER
7.3. ULTRASONIC DIFFUSER
7.4. EVAPORATIVE DIFFUSER
7.5. HEAT DIFFUSER

8. GLOBAL AROMATHERAPY MARKET, BY MODE OF DELIVERY

8.1. OVERVIEW
8.2. TOPICAL APPLICATION
8.3. DIRECT INHALATION
8.4. AERIAL DIFFUSION
8.5. INTERNAL

9. GLOBAL AROMATHERAPY MARKET, BY APPLICATION

9.1. OVERVIEW
9.2. RELAXATION
9.3. INSOMNIA
9.4. PAIN MANAGEMENT
9.5. SCAR MANAGEMENT
9.6. SKIN AND HAIR CARE
9.7. COLD AND COUGH

10. GLOBAL AROMATHERAPY MARKET, BY DISTRIBUTION CHANNEL

10.1. OVERVIEW
10.2. RETAILERS AND WHOLESALERS
10.3. ONLINE
10.4. OTHERS

11. GLOBAL AROMATHERAPY MARKET, BY END USER

11.1. OVERVIEW
11.2. GLOBAL AROMATHERAPY MARKET: HOME CARE
11.3. GLOBAL AROMATHERAPY MARKET: SPA & WELLNESS CENTERS
11.4. GLOBAL AROMATHERAPY MARKET: OTHERS

12. GLOBAL AROMATHERAPY MARKET, BY GEOGRAPHY

12.1. OVERVIEW

12.2. NORTH AMERICA

12.2.1. U.S.
12.2.2. CANADA
12.2.3. MEXICO

12.3. EUROPE AROMATHERAPY MARKET

12.3.1. GERMANY
12.3.2. FRANCE
12.3.3. U.K.
12.3.4. ITALY
12.3.5. SPAIN
12.3.6. RUSSIA
12.3.7. TURKEY
12.3.8. BELGIUM
12.3.9. NETHERLANDS
12.3.10. SWITZERLAND
12.3.11. REST OF EUROPE

12.4. APAC AROMATHERAPY MARKET

12.4.1. JAPAN
12.4.2. CHINA
12.4.3. SOUTH KOREA
12.4.4. INDIA
12.4.5. AUSTRALIA
12.4.6. SINGAPORE
12.4.7. THAILAND
12.4.8. MALAYSIA
12.4.9. INDONESIA
12.4.10. PHILIPPINES
12.4.11. REST OF APAC

12.5. SOUTH AMERICA AROMATHERAPY MARKET

12.5.1. BRAZIL
12.5.2. REST OF SOUTH AMERICA

12.6. MIDDLE EAST AND AFRICA AROMATHERAPY MARKET

12.6.1. SOUTH AFRICA
12.6.2. REST OF MEA

13. GLOBAL AROMATHERAPY MARKET, COMPANY LANDSCAPE

13.1. COMPANY SHARE ANALYSIS: GLOBAL

14. COMPANY PROFILES

14.1. DOTERRA

14.1.1. COMPANY OVERVIEW
14.1.2. REVENUE ANALYSIS
14.1.3. PRODUCT PORTFOLIO
14.1.4. RECENT DEVELOPMENTS

14.2. YOUNG LIVING ESSENTIAL OILS

14.2.1. COMPANY OVERVIEW
14.2.2. REVENUE ANALYSIS
14.2.3. PRODUCT PORTFOLIO
14.2.4. RECENT DEVELOPMENTS

14.3. MOUNTAIN ROSE HERBS

14.3.1. COMPANY OVERVIEW
14.3.2. REVENUE ANALYSIS
14.3.3. PRODUCT PORTFOLIO
14.3.4. RECENT DEVELOPMENTS

 14.4. EDENS GARDEN

14.4.1. COMPANY OVERVIEW
14.4.2. REVENUE ANALYSIS
14.4.3. PRODUCT PORTFOLIO
14.4.4. RECENT DEVELOPMENTS

14.5. FRONTIER NATURAL PRODUCTS CO-OP

14.5.1. COMPANY OVERVIEW
14.5.2. REVENUE ANALYSIS
14.5.3. PRODUCT PORTFOLIO
14.5.4. RECENT DEVELOPMENTS

14.6. ROCKY MOUNTAIN OILS,LLC

14.6.1. COMPANY OVERVIEW
14.6.2. REVENUE ANALYSIS
14.6.3. PRODUCT PORTFOLIO
14.6.4. RECENT DEVELOPMENTS

14.7. PLANT THERAPY ESSENTIALS OILS

14.7.1. COMPANY OVERVIEW
14.7.2. REVENUE ANALYSIS
14.7.3. PRODUCT PORTFOLIO
14.7.4. RECENT DEVELOPMENTS

14.8. STARWEST BOTANICALS

14.8.1. COMPANY OVERVIEW
14.8.2. REVENUE ANALYSIS
14.8.3. PRODUCT PORTFOLIO
14.8.4. RECENT DEVELOPMENTS

14.9. HOPEWELL ESSENTIALS OILS

14.9.1. COMPANY OVERVIEW
14.9.2. REVENUE ANALYSIS
14.9.3. PRODUCT PORTFOLIO
14.9.4. RECENT DEVELOPMENTS

14.10. NORTH AMERICAN HERBS AND SPICE

14.10.1. COMPANY OVERVIEW
14.10.2. REVENUE ANALYSIS
14.10.3. PRODUCT PORTFOLIO
14.10.4. RECENT DEVELOPMENTS

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