DUBLIN--(BUSINESS WIRE)--The "Aromatherapy Market Size, Share & Trends Analysis Report by Product (Consumables, Equipment), by Mode Of Delivery (Topical Application, Aerial Diffusion), by Application, by Distribution Channel, by End-use, by Region, and Segment Forecasts, 2021 - 2028" report has been added to ResearchAndMarkets.com's offering.
The global aromatherapy market size is anticipated to reach USD 3.7 billion by 2028. The market is expected to expand at a CAGR of 11.6% from 2021 to 2028.
Rising awareness regarding the positive impact of essential oils on the well-being and health of consumers coupled with the growing demand for natural products is likely to boost aromatherapy market growth over the forecast period.
Increased focus on mental health coupled with the rising adoption of essential oils for the management of mental health problems is expected to drive the market. Furthermore, the growing acceptance of aromatherapy in medical facilities, including clinics and hospitals, is anticipated to augment the demand for aromatherapy diffusers and essential oils.
The demand for aromatherapy in-home use is likely to witness significant growth amid the COVID-19 crisis on account of the lockdown measures taken by various governments, resulting in people staying at home. Furthermore, the demand for aromatherapy in hospitals and clinics also witnessed growth owing to the increased utilization by institutions for treating COVID-19, infected patients.
The growing adoption of aromatherapy for alleviating conditions such as anxiety, depression, nausea, and insomnia during the lockdown is expected to impact market growth positively. The demand for essential oils, especially tea tree and eucalyptus oil is expected to witness growth amidst the pandemic on account of their antiseptic and antibacterial properties.
Aromatherapy Market Report Highlights
- The demand for aromatherapy diffusers is expected to witness growth at an estimated CAGR of 8.8% from 2021 to 2028 owing to the growing preference for diffusers as they help in gaining the therapeutic benefits from essential oils.
- The relaxation application segment accounted for 23.2% of the global revenue share in 2020 on account of an increase in the number of people suffering from stress and anxiety coupled with a growing preference for natural treatment to get relief from stress.
- The e-commerce distribution channel segment is anticipated to witness growth at a CAGR of 12.2% over the forecast period on account of benefits associated with this channel, such as convenience, availability of a wide range of products, and ease-of-buying.
- In September 2020, Stadler Form Aktiengesellschaft expanded its products offerings by launching Zoe, a glowing energy-efficient aroma diffuser that uses ultrasound technology to emit essential oils in the room.
Key Topics Covered:
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope and Assumptions
1.3. Information Procurement
1.4. Information Analysis
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Aromatherapy Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.2. Market Segmentation & Scope
3.3. Penetration & Growth Prospect Mapping
3.4. Industry Value Chain Analysis
3.5. Regulatory Framework
3.6. Market dynamics
3.7. Business Environment Analysis: Aromatherapy Market
3.7.1. Industry Analysis - Porter's
3.7.2. PESTEL Analysis
3.8. Major Deals & Strategic Alliances Analysis
Chapter 4. COVID-19 Impact Analysis
Chapter 5. Aromatherapy Market: Product Estimates & Trend Analysis
5.1. Aromatherapy Market: Product Movement Analysis, 2020 & 2028
5.2. Consumables
5.2.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
5.2.2. Consumables market estimates and forecasts, by product, 2017 - 2028 (USD Million)
5.2.2.1. Essential oils market estimates and forecasts, by type, 2017 - 2028 (USD Million)
5.3. Equipment
Chapter 6. Aromatherapy Market: Mode of Delivery Estimates & Trend Analysis
6.1. Aromatherapy Market: Mode of Delivery Movement Analysis, 2020 & 2028
6.2. Topical Application
6.3. Aerial Diffusion
6.4. Direct Inhalation
Chapter 7. Aromatherapy Market: Application Estimates & Trend Analysis
7.1. Aromatherapy Market: Application Movement Analysis, 2020 & 2028
7.2. Relaxation
7.3. Skin & Hair Care
7.4. Pain Management
7.5. Cold & Cough
7.6. Insomnia
7.7. Scar Management
7.8. Others
Chapter 8. Aromatherapy Market: Distribution Channel Estimates & Trend Analysis
8.1. Aromatherapy Market: Distribution Channel Movement Analysis, 2020 & 2028
8.2. DTC (Direct-to-consumer)
8.3. B2B
Chapter 9. Aromatherapy Market: End-use Estimates & Trend Analysis
9.1. Aromatherapy Market: End-use Movement Analysis, 2020 & 2028
9.2. Home Use
9.3. Spa & Wellness Centers
9.4. Hospitals & Clinics
9.5. Yoga & Meditation Centers
Chapter 10. Aromatherapy Market: Regional Estimates & Trend Analysis
Chapter 11. Aromatherapy Market: Competitive Analysis
11.1. Key Players, Recent Developments & Their Impact on the Industry
11.2. Key Company/Competition Categorization
11.3. Vendor Landscape
11.4. Competitive Dashboard Analysis
11.5. List of Key Emerging Companies and Their Geographical Presence
Chapter 12. Company Profiles
- Doterra
- Young Living Essential Oils
- Mountain Rose Herbs
- Edens Garden
- Rocky Mountain Oils, LLC
- Plant Therapy Essential Oils
- Florihana
- Biolandes
- Falcon
- Stadler Form Aktiengesellschaft
- Hubmar International
- Sparoom
- Eo Products
- Now Foods
- Ryohin Keikaku Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/tg4ulh
