Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 2,049.64 million |
| USD 4,589.01 million | |
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Europe Aromatherapy Market, By Product Type (Consumables, Equipment), Mode of Delivery (Topical Application, Direct Inhalation, Aerial Diffusion), Application (Relaxation, Insomnia, Pain Management, Scar Management, Skin and Hair Care, Cold and Cough), Distribution Channel (DTC, B2B), End User (Hospitals, Clinics, Beauty Spas, Home Use, Spa and Wellness Centers, Yoga and Meditation Centers) – Industry Trends and Forecast to 2030.
According to the Cosmetic Europe Personal Care Association, Germany has had the greatest market share in the European region for cosmetics in the most recent year. Since fragrances are one of the major determinants of customer demand for cosmetic and personal care items, fragrance makers have a sizable chance to grow their clientele among the local producers of cosmetic goods. Additionally, European consumers have susceptible skin and a preference for natural cosmetics, toiletries, personal care items, etc. This has opened up numerous opportunities for market leaders such as BASF, Symrise, among others to strategically invest in innovation to satisfy consumers' growing demand.
Data Bridge Market Research analyses that the aromatherapy market which is USD 2049.64 million in 2022, is expected to reach USD 4589.01 million by 2030, at a CAGR of 10.06% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Consumables, Equipment), Mode of Delivery (Topical Application, Direct Inhalation, Aerial Diffusion), Application (Relaxation, Insomnia, Pain Management, Scar Management, Skin and Hair Care, Cold and Cough), Distribution Channel (DTC, B2B), End User (Hospitals, Clinics, Beauty Spas, Home Use, Spa and Wellness Centers, Yoga and Meditation Centers)
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Countries Covered
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Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe
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Market Players Covered
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Air Aroma, (Australia), Frontier Co-op (U.S.), doTERRA (U.S.), Eden Gardens, (India), Hubmar, (U.S.), Isagenix Worldwide Inc., (U.S.), Mountain Rose Herbs, (U.S.), NuSkin., (U.S.), FLORIHANA (France), PLANT THERAPY ESSENTIAL OILS, (U.S.), Rocky Mountain Oils LLC., (U.S.), Stadler Form (Switzerland) and Young Living Essential Oils, (U.S.)
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Market Opportunities
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Market Definition
Aromatherapy is regarded as an alternative medical treatment that aids in the recovery from a variety of illnesses, including pain, wounds, digestive issues, immune system issues, cardiovascular, respiratory, skin and wound-related issues. People with acne-related issues frequently choose therapeutic-grade essential oils with women typically being more concerned about acne scars.
Drivers
Direct inhalation is anticipated to have desirable growth during the forecast period due to its success in treating a variety of respiratory illnesses. Some medical disorders necessitate the direct inhalation of essential oils including sore throat, influenza, sinusitis, and coughing. The need for these therapeutic modalities has grown as people's preferences for natural products have expanded, making them an alternative to pharmaceutical pharmaceuticals. This will boost the market growth.
The demand for aromatherapy products is projected to increase as skin diseases become more common. Aromatherapy, which nourishes the skin and lowers inflammation is frequently used by people who have skin rashes. The negative impacts of manmade items prevent people from consistently favouring them. The antifungal, antibacterial and antiseptic characteristics of essential and carrier oils aid in the treatment of different skin and hair diseases. This factor will boost the growth of market.
Opportunities
The market in Europe is anticipated to increase as aromatherapy becomes more and more popular as a therapeutic and pharmacological alternative. The main markets for essential oils are in European countries such as Germany, the U.K., Belgium, the Netherlands and Ireland. The demand for aromatherapy oils is very high among the people of Europe because it is one of the major markets for essential oils and has a high prevalence of chronic pain and depression.
Restraints/Challenges
There isn't much support for aromatherapy in science. The absence of proof that aromatherapy is effective in treating heart disease, Parkinson's disease and Alzheimer's disease is predicted to hinder market expansion.
The majority of essential oils are safe to use, but caution should be trained because they may have unintended consequences. This is expected to pose a challenge to the aromatherapy market during the forecast period of 2023–2030.
This aromatherapy market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the aromatherapy market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
The COVID-19 outbreak had a significant influence on the healthcare industry. The market for aromatherapy is not unaffected by this, since it was also negatively impacted. In an effort to contain the COVID-19 pandemic outbreak, the government imposed lockdown and social segregation restrictions, which caused a number of manufacturing operations to cease operations, supply chain disruptions, stunted business growth, technology event cancellations, halted new developments, and negatively impacted overall production and sales, restricting the industry's growth. Numerous difficulties arose, including erratic raw material availability and decreased consumer demand for merchants' goods as a result of an increase in patients with COVID-19 and other life-threatening illnesses.
On the other side, as manufacturers concentrate on numerous advancements and innovations, market trends, and other expansion tactics, the limits of the government regulations are probably going to loosen, which will assist the market see a minor increase following COVID-19. The market is anticipated to expand significantly in the next years as a result of these factors.
Recent Developments
The aromatherapy market is segmented on the basis of product type, mode of delivery, application, distribution channel and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
Mode of Delivery
Application
Distribution Channel
End User
The aromatherapy market is analyzed and market size insights and trends are provided by country, product type, mode of delivery, application, distribution channel and end user as referenced above.
The countries covered in the aromatherapy market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.
Germany dominates the Europe aromatherapy market due to the technological advancements in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The aromatherapy market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to aromatherapy market.
Some of the major players operating in the aromatherapy market are:
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Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.