Aromatherapy Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2018-2024- Higher Demand for Aromatherapy Consumables anticipated to grow market.
Global Aromatherapy market is valued at 1.80 USD Billion in 2018 and expected to reach USD 2.73 Billion by 2025 with the CAGR of 9.36 %over the forecast period.
Aromatherapy is a complete therapeutic treatment that uses natural plant extracts to promote the health and well-being. Sometimes it is known as essential oil therapy. Aromatherapy uses aromatic essential oils pharmaceutically to improve the health of the body, mind, and spirit. It enhances both physical and emotional health. For example, one of the most common essential oils and lavender oil can help to relieve headaches and promote good sleep. Recently, aromatherapy has gained more recognition in the fields of science and medicine. The health benefits of aromatherapy include its ability to relieve anxiety and depression, boost energy level, speed up complete process, strengthen the immune system, reduce Pain, improver digestion and increase circulation.
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Global aromatherapy market report is segmented on the basis of type, application, end user and regional& country level. Based upon type aromatherapy market is classified as consumables and equipment. Based upon application, market is classified into relaxation, skin & hair care, pain management, cold & cough, insomnia, scar management, others.
The regions covered in this global aromatherapy market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of aqua feed is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global Aromatherapy Market Reports–
Global Aromatherapy Market Report covers prominent players are like doTERRA International, 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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News: On July 9, 2019; Plant Therapy Introduced CO2 Hemp Extract (CBD) Essential oil leader offers broad-spectrum extract dietary supplement in four strengths, three flavors. Plant Therapy’s CBD is a broad-spectrum extract derived from industrial hemp, which contains all the benefits of the whole hemp plant.
Higher Demand for Aromatherapy Consumables
The growth of aromatherapy market is witnessing a huge demand due to its widespread usage in homes. The main areas of application of aromatherapy at home include relaxation and sleep, mood enhancement, cold and flu relief, and pain relief. The rising demand for unconventional and natural treatment procedures has subjected to the growth of Essential oil & Aromatherapy all around the globe. A few of the most commonly used essential oils are tea tree oil, rosemary oil, and lavender oil. The market value of essential oils worldwide is anticipated to grow from around USD 17 billion in 2017 to about USD 27 billion by 2022. The stringent regulatory environment and side effect associated with aromatherapy hampering the growth of market. Innovative Opportunities for pure Essential Oil Aromatherapy Combination may be the perfect solution to help gain the necessary strength and courage to increase into a new phase of life while setting the stage for all types of new opportunities.
North America is dominating the Aromatherapy Market
North America is accounted for major share in aromatherapy over the forecast period. The regions of North America and Western Europe are projected to continue their dominance in the aromatherapy market. Collective revenues from aromatherapy product sales in these two regions will exceed USD 4billion. Most U.S. based essential oil companies will continue to diversify into international markets as awareness grows and consumers turn towards natural products. Asia pacific excluding Japan will record fastest growth in the aromatherapy market. In the next few years, aromatherapy is likely to be increasingly adopted in restaurants, hospitals, saloons, spas and hotels.
Key Benefits for Global Aromatherapy Market Reports –
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
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Global Aromatherapy market Segmentation –
By Product Type:-
Skin & Hair Care
Cold & Cough
By Regional & Country Analysis
Middle East and Africa
Rest of Middle East and Africa
Table of Content
1. Chapter – Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2. Chapter – Global Aromatherapy Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Aromatherapy Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Aromatherapy Market: Trends
2.8. Porter’s Five Forces Analysis
2.8.1. Bargaining Power of Suppliers
2.8.2. Bargaining Power of Consumers
2.8.3. Threat of New Entrants
2.8.4. Threat of Substitute Product and Services
2.8.5. Competitive Rivalry within the Industry
2.9. Market Attractiveness Analysis
2.9.1. Market Attractiveness Analysis by Segmentation
2.9.2. Market Attractiveness Analysis by Region
3. Chapter – Global Aromatherapy Market Overview: Quantitative Analysis
4. Chapter – Global Aromatherapy Market Analysis: By ProductType
5. Chapter – Global Aromatherapy Market Analysis: By Application
6. Chapter – Global Aromatherapy Market Analysis: By End-User
7. Chapter – Global Aromatherapy Market Analysis: By Manufacturer
9. Chapter – Company Profiles
9.1. doTERRA International
9.2. Fluke Calibration
9.2.2. Product portfolio
9.2.3. Aromatherapy Market Revenue (USD Million) and Market Share (%), 2014 – 2018
9.2.4. Aromatherapy Sales Market Share (%), 2014 – 2018
9.2.5. Business strategy
9.2.6. Recent developments
9.3. doTERRA International
9.4. Young Living Essential Oils
9.5. Mountain Rose Herbs
9.6. Edens Garden
9.7. Frontier Natural Products Co-op
9.8. Rocky Mountain Oils
9.9. Plant Therapy Essential Oils.
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