Thursday, September 19, 2019

Global Aromatherapy Market Size Is Expected To Reach Worth US$ 3,226.2 Mn by 2025

According to the latest report published by Credence Research, Inc. “Aromatherapy Market By Delivery Mode (Topical, Inhalation, Diffusion), By Application (Skin and Hair Care, Relaxation, Pain Management, Scar Management, Sleep Management, Overall Health and Wellbeing), By Product ( Equipment, Consumables) — Growth, Future Prospects and Competitive Analysis, 2017–2025,” the global market for aromatherapy was valued at US$ 1,413.4 million in 2016 and is expected to reach US$ 3,226.2 million by 2025, increasing to CAGR by 9.54 per cent from 2017 to 2025.

Browse the full report at — https://www.credenceresearch.com/report/aromatherapy-market

Market Insights

Aromatherapy enjoys a prominent position in alternative medicines through the use of 100% pure essential oils and ingredients. Studies also indicate that aromatherapy (especially inhalation of essential oils) has been beneficial in the treatment of second and third-degree burns. Aromatherapy helps reduce burn-related pain and facilitates rapid recovery. Aromatherapy is also increasingly used in applications such as hair and skin care, insomnia, relaxation, stress relief and others.
Essential oils are also used as natural healers. 100% pure therapeutic grade essential oils are of high demand among aromatherapists and spas alike and are used for healing pain, injury, sleep enhancement, skin care and allergy alleviation. Generation X and millennials are becoming increasingly aware of the benefits of aromatherapy as there is a growing tendency to enhance the inherent constitution of the body. As awareness of the side-effects associated with conventional drugs is increasing in the general population, it is expected that demand for natural therapies will continue to increase over the next decade and that the market for aromatherapy will take advantage of major opportunities.

Based on the type of products, the global market for aromatherapy is categorized as equipment and consumables. The equipment market is further categorized as nebulizing diffusers, evaporative diffusers, ultrasonic diffusers and heat diffusers. Whereas essential oils, blended oils and carrier oils are the consumables considered for the purposes of this study. Markets for some of the main categories of essential oils, such as floral, citrus, spicy, woody, camphoraceous, herbaceous and others, are also studied in this report. Among the product types considered, consumables (especially essential oils) account for the largest share of revenues on the global market (approximately 70%). Among the types of essential oils, the demand for essential citrus oils is the highest. The popularity of organic essential oils is also high in the developed regions of North America and Europe, as well as in the emerging economies of Asia Pacific.

Based on the mode of delivery, the global market for topical, inhalation and diffusion delivery of aromatherapy is being studied. The most preferred delivery method is topical mode, particularly for the treatment of skin conditions and pain. Aerial diffusion methods will have the highest demand during the forecast period due to increasing popularity and the resulting adoption of aromatherapy in home care.

Areas of application such as skin and hair care, relaxation, pain management, scar management, sleep management, and overall health and well-being. Skin and hair care is the largest segment of aromatherapy products. Aromatherapy has historically been used to treat conditions such as skin rashes, eczema, burns, acne, etc. Aromatherapy is also increasingly used in the management of pain. Senescent patients have been shown to opt for aromatherapy for chronic pain management along with conventional therapy.

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Geographically, North America is the largest regional market for aromatherapy products. Increasing awareness, aggressive marketing initiatives taken up by market players, and higher purchasing power are the key contributors to the dominance of North America on the global front. Also, domicile of major market players in North America and Europe further supports the dominant position of these regions. Some of the major players operating in the global aromatherapy market are doTERRA International, Edens Garden, Frontier Natural Products Co-op., G Baldwin & Co., Mountain Rose Herbs, Ouwave Aroma Tech(shenzhen)Co., Ltd., Plant Therapy Inc., Ryohin Keikaku Co., Ltd. (Muji), Thann-Oryza Co., Ltd., Young Living Essential Oils and Zija International.

By delivery modes
Topical
Inhalation
Diffusion

By Application Type
Skin and Hair Care
Relaxation
Pain Management
Scar Management
Sleep Management
Overall Health and Wellbeing

By Product Type
Equipment
Nebulizing Diffusers
Evaporative Diffusers
Ultrasonic Diffusers
Heat Diffusers
Consumables
Essential Oils
Floral
Citrus
Spicy
Woody
Camphoraceous
Herbaceous
Others
Blended Oils
Carrier Oils

By Geography Segment
North America
Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
Latin America

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