Global 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 (Direct-To-Customer, B2B), End-User (Home Use, Spa and Wellness Centers, Hospitals and Clinics, Yoga and Meditation Centers) – Industry Trends and Forecast to 2029
Market Analysis and Size
Surging utilization of aromatherapy for the health related benefits, such as to cure headaches, depression, anxiety, migraines and other issues including respiratory issues, nervous disorder, liver and gallbladder functions, cardiovascular disorders and gastrointestinal infections has been triggering the demand of the aromatherapy across the globe. The market is expected to see huge growth in coming years owing to the high adoption of aromatherapy. With increasing usage, there has been rising awareness about its benefits, which will propel the market’s growth and will aid in the immense expansion of the market across various regions.
- Global Aromatherapy Market was valued at USD 1.7 billion in 2021 and is expected to reach USD 4.4 billion by 2029, registering a CAGR of 12.10% during the forecast period of 2022-2029. The “topical” accounts for the largest mode of delivery segment in the aromatherapy market within the forecasted period owing to the surging preference for topical application of aromatherapy oils for various skin-related problems. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Aromatherapy basically uses aromatic oils, and other aroma compounds (which are extracted from plants and are even processed naturally to form organic products) to improve physical and psychological well-being. It is becoming more popular in households for mood enhancement, relaxation, and sleep, as well as cold and flu treatment and pain alleviation. Aromatherapy is a treatment for a variety of ailments, including cardiovascular illness, anxiety, sleeplessness, wound healing, and skin issues. Aromas and aromatic oils are used for their therapeutic effects. Aromatherapy is also an alternative medicine treatment for skin issues, pain management, insomnia, cardiovascular and respiratory illnesses, digestive issues, cold and cough, immune system functioning, anxiety, and wound healing.
2022 to 2029
2020 (Customizable to 2019 - 2014)
Revenue in USD Billion, Volumes in Units, Pricing in USD
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 (Direct-To-Customer, B2B), End-User (Home Use, Spa and Wellness Centers, Hospitals and Clinics, Yoga and Meditation Centers)
U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa
Market Players Covered
Air Aroma, (Australia), Frontier Co-op (U.S), doTERRA (U.S), Eden Gardens, (India), Frontier Co-op., (U.S), 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)
Aromatherapy Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Aromatherapy Provides Various Health Benefits
The aromatherapy has proven to reduce stress reduction, depression, and anxiety. Moreover, the other applications of aromatherapy includes treating respiratory issues, treat nervous disorder, cardiovascular disorders and gastrointestinal infections along with its role in preventing motion sickness, weight management and in maintaining proper liver and gallbladder functions. The high usage of the aromatherapy for various heath related benefits is the most significant factor that is expected to accelerate the overall growth of the market.
Furthermore, the rising awareness amongst the population about these alternative treatments also cushions the market’s growth within the forecasted period. The rapid growth in the e-commerce sector owing to the ease of buying and availability of a wide range of products, are also projected to cushion the growth of the market. Moreover, the various product development and innovation strategies coupled with the growing number of initiatives in order to expand their geographic presence by market players are estimated to generate lucrative opportunities for the market. The increasing consumer preference toward natural products and changing trends in healing therapies which will further expand the aromatherapy market's growth rate in the future.
Limited Scientific Evidence to Hinder the Market’s Growth
The scientific evidence for aromatherapy is limited in some areas. The lack of evidence, to support the use of aromatherapy in treating Alzheimer’s disease, Parkinson’s disease, and heart disease is expected to obstruct market growth.
Side Effects Associated with the Essential Oil to Pose as a Challenge
Also, most of the essential oils are safe to use, but precautions should be taken while their usage as they might have side effects are projected to challenge the aromatherapy market in the forecast period of 2022-2029.
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.
Post Covid-19 Impact on Aromatherapy Market
Healthcare industry was largely impacted by the outbreak of COVID-19. The aromatherapy market does not stand back as it was also adversely affected by it. The imposition of the lockdown and social distancing restrictions by the government to curb the COVID-19 pandemic outbreak, led to halt of various manufacturing operations, supply chain disruptions, stifling business growth, technology event cancellations, suspensions of new developments and has affected the overall production and sales, limiting the industry's expansion. Various challenges emerged, such as the irregularities in supply of raw materials, lesser demand for products from the retailers due to an increase in the number of patients suffering from COVID-19 and other life threatening disorders.
However, on the brighter side, the restrictions of the government measures are likely to relax which will help market to witness a slight increment post COVID-19, as the manufacturers are focusing on various developments and innovations, market trends and other expansion strategies. Owing to such factors, the market is projected to grow at a substantial pace in the upcoming years.
- On August 25, 2020, Young Living, the world's biggest producer of essential oils, introduced a number of new goods and product lines. It comprises essential oils as well as other health-related items. A new skincare line, enhancements to the Savvy Minerals cosmetics line, stunning diffusers, new essential oil mixes, and an innovative essential oil-infused wearable ring are among the highlights of the event. The new Young Living products assist in three areas: home, family and self-care.
Global Aromatherapy Market Scope
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.
On the basis of product type, the aromatherapy market is segmented into consumables and equipment. The consumable is sub-segmented into essential oils and carrier oils. Essential Oils is also further sub-segmented into singles and blends. Singles include herbaceous, woody, spicy, floral, citrus, earthy, camphoraceous and others. The equipment is sub-segmented into ultrasonic, nebulizing, evaporative and heat.
Mode of Delivery
- Topical Application
- Direct Inhalation
- Aerial Diffusion
On the basis of mode of delivery, the aromatherapy market is segmented into topical application, direct inhalation and aerial diffusion. The topical is estimated to register for the largest share in the market, owing to the surging preference for topical application of aromatherapy oils for various skin-related problems.
- Pain Management
- Scar Management
- Skin and Hair Care
- Cold and Cough
On the basis of application, the aromatherapy market is segmented into relaxation, insomnia, pain management, scar management, skin and hair care and cold and cough.
On the basis of distribution channel, the aromatherapy market is segmented into direct-to-customer and B2B. Direct-to-customer is sub-segmented into retail and e-commerce.
- Home Use
- Spa and Wellness Centres
- Hospitals and Clinics
- Yoga and Meditation Centers
On the basis of end-user, the aromatherapy market is bifurcated into home use, spa and wellness centers, hospitals and clinics, yoga and meditation centers.
Aromatherapy Market Regional Analysis/Insights
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 U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the aromatherapy market because of the presence of a well-established healthcare system, rising awareness pertaining to the benefits of alternative therapies coupled with the high healthcare spending in developed economies such as the U.S. and Canada within the region.
Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the rise in the prevalence of various disorders along with the developing healthcare infrastructure within 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.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The aromatherapy market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for aromatherapy market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the aromatherapy market. The data is available for historic period 2010-2020.
Competitive Landscape and Aromatherapy Market Share Analysis
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 Air Aroma, (Australia), Frontier Co-op (U.S), doTERRA (U.S), Eden Gardens, (India), Frontier Co-op., (U.S), 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), among others.
Research Methodology : Global Aromatherapy Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed 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 can 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. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, 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.
Customization Available : Global Aromatherapy Market
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