Aromatherapy Market Trend, Share, Growth, Size, Analysis, and Forecast 2032

Aromatherapy Market

Aromatherapy Market By Product (Consumables(Essential Oils(Singles, Blends}, Carrier Oils), and Equipment(Nebulizing Diffusers, Heat Diffusers, Evaporative Diffusers, and Ultrasonic Diffusers)), By Mode of Delivery (Aerial Diffusion, Direct Inhalation, and Topical Application), and By Application (Relaxation, Pain Management, Cold & Cough, Skin and Hair Care, Insomnia, and Scar Management), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast 2024-2032

Category: Consumer Goods Report Format : PDF Pages: 110 Report Code: ZMR-3160 Published Date: Mar-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 2.14 Billion USD 6.16 Billion 12.45% 2023

 

Aromatherapy Market Overview

The global aromatherapy market size accrued earnings worth approximately USD 2.14 Billion in 2023 and is predicted to gain revenue of about USD 6.16 Billion by 2032, is set to record a CAGR of nearly 12.45% over the period from 2024 to 2032.

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Aromatherapy uses plant resources, comprising essential oils and other compounds, to improve the physical or psychological well-being of people. It is also practiced as a form of alternative medicine or as a complementary therapy. Though, the competence of aromatherapy to offer medical treatments remains uncertain, due to an appropriate lack of research.

Aromatherapy Market Growth Analysis

The global aromatherapy market is primarily driven by changing modern lifestyle-linked problems, such as stress, sleep disturbances, etc., which has led to an increase in the practice of aromatherapy, thus expanding this market. The purpose of varied essential oils is improving immunity, treating breathing disorders, and combating cold. One of the foremost growth drivers in the global aromatherapy market is the rising usage of aromatherapy at home, mainly due to its convenience, cost-effectiveness, and privacy. However, the side-effects of aromatherapy might limit this market’s growth in the future. Although it has many health benefits, in some cases it has some intrinsic problems that could lead to certain side effects. Lack of an appropriate course of action and misclassification of essential oils might hinder the global aromatherapy market expansion.

The study includes drivers and restraints for the aromatherapy market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities and threats to the aromatherapy market on a global level.

To understand the competitive landscape in the market, an analysis of Porter’s Five Forces Model for the aromatherapy market has also been included. The study encompasses a market attractiveness analysis, wherein product, mode of delivery, application, and region segments are benchmarked based on their market size, growth rate, and general attractiveness.

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Aromatherapy Market: Report Scope

Report Attributes Report Details
Report Name Aromatherapy Market
Market Size in 2023 USD 2.14 Billion
Market Forecast in 2032 USD 6.16 Billion
Growth Rate CAGR of 12.45%
Number of Pages 202
Key Companies Covered Edens Garden, Plant Therapy Inc., Thann-Oryza Co., Ltd., doTERRA International, Frontier Natural Products Co-op., Mountain Rose Herbs, G Baldwin & Co., Ouwave Aroma Tech (Shenzhen) Co., Ltd., RyohinKeikaku Co., Ltd.(Muji), Young Living Essential Oils, and Zija International
Segments Covered By Product, Based on the Mode of Delivery, Based on Application, and By Geography
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Aromatherapy Market Segmentation Analysis

The aromatherapy market has been fragmented into the product, mode of delivery, and application. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

By product, the aromatherapy market is segmented into consumables and equipment. The consumable segment is further segmented into essential oils and carrier oils. The essential oils include singles and blends. The singles segment is sub-segmented into herbaceous, woody, spicy, floral, citrus, earthy, camphoraceous, and others. The equipment segment is also fragmented into ultrasonic, nebulizing, evaporative, and heat. Among these, the consumables segment held the largest market share in 2023 and is expected to continue its dominance during the forecast time period. This growth is due to the increased healing application of essential oils for multiple diseases and conditions.

Based on the mode of delivery, this global market is divided into the topical application, aerial diffusion, and direct inhalation. The topical application segment is estimated to dominate the global aromatherapy market in the future due to its ability to fight against skin-associated issues. Therefore, people with skin-associated issues mostly prefer applying the product topically.

Based on application, the aromatherapy market is segmented into relaxation, skin and hair care, pain management, cold and cough, insomnia, scar management, and others. Among these, the relaxation segment held the major market share in 2016, owing to the rising number of people suffering from anxiety, stress, and insufficient sleep. Most people prefer the natural way of treatment, i.e., aromatherapy to manage stress.

By geography, the global aromatherapy market is divided into North America, Latin America, Asia Pacific, the Middle East and Africa, and Europe with its further bifurcation into major countries including the U.S., Germany, France, UK, China, Japan, India, and Brazil.. The Asia Pacific is estimated to lead the global aromatherapy market in the upcoming years, due to the growing number of burn accidents in India. North America market is assessed to account for a remarkable share in the global aromatherapy market during the forecast time period, owing to growing awareness about health benefits of aromatherapy.

The report includes comprehensive profiles of major players operating in the global aromatherapy market, such as

  • Edens Garden
  • Plant Therapy Inc.
  • Thann-Oryza Co., Ltd.
  • doTERRA International
  • Frontier Natural Products Co-op.
  • Mountain Rose Herbs
  • G Baldwin & Co.
  • Ouwave Aroma Tech (Shenzhen) Co., Ltd.
  • RyohinKeikaku Co., Ltd.(Muji)
  • Young Living Essential Oils
  • and Zija International

This report segments the global aromatherapy market as follows:

By Product Segments

  • Consumables
    • Essential Oils
      • Singles
        • Herbaceous
        • Woody
        • Spicy
        • Floral
        • Citrus
        • Earthy
        • Camphoraceous
        • Others
      • Blends
    • Carrier Oils
  • Equipment
    • Ultrasonic
    • Nebulizing
    • Evaporative
    • Heat 

By Mode of Delivery Segments

  • Topical Application
  • Aerial Diffusion
  • Direct Inhalation

By Application Segments

  • Relaxation
  • Skin & Hair Care
  • Pain Management
  • Cold & Cough
  • Insomnia
  • Scar Management
  • Others

By Regional Segments

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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