Global aromatherapy market expected to reach approximately USD 2,181 million by 2024, growing at a CAGR of around 9.33% between 2018 and 2024. Growing practice of aromatherapy at home, increasing inclination toward essential oils’ usage, rising customer fondness toward natural products driving the market growth globally.
The report covers a forecast and an analysis of the aromatherapy market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). 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.
The study provides a decisive view on the aromatherapy market by segmenting the market based on product, mode of delivery, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. Based on the product, the global 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. The mode of the delivery segment is divided into the topical application, aerial diffusion, and direct inhalation. Based on application, the aromatherapy market is segmented into relaxation, skin and hair care, pain management, cold and cough, insomnia, scar management, and others.
The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further bifurcation into major countries including the U.S., Germany, France, UK, China, Japan, India, and Brazil.
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:
Global Aromatherapy Market: Product Segment Analysis
Global Aromatherapy Market: Mode of Delivery Segment Analysis
Global Aromatherapy Market: Application Segment Analysis
Global Aromatherapy Market: Regional Segment Analysis