NEW
YORK, June 25, 2024 /PRNewswire/ -- The global
aromatherapy market size is estimated to grow by USD 2.73 billion from 2024-2028, according
to Technavio. The market is estimated to grow at a CAGR of
10.87% during the forecast
period. Increasing use of aromatherapy at home is
driving market growth, with a trend towards increasing
demand for aromatherapy products. However, side effects
related to aromatherapy poses a challenge. Key market players
include Air Aroma Internatinal, Biolandes SAS, doTERRA
International LLC, Edens Garden, Falcon, Frontier Co op, G. Baldwin
and Co., Hubmar International, Isagenix Worldwide Inc., JE
INTERNATIONAL SARL, Mountain Rose Herbs, North American Herb and
Spice, NOW Health Group Inc., Nu Skin Enterprises Inc., Plant
Therapy, Rocky Mountain Oils LLC, SpaRoom, Stadler Form
Aktiengesellschaft, Starwest Botanicals.com Inc., and Young Living
Essential Oils LC.
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Product (Consumables
and Equipment), Usage (Topical application, Aerial diffusion, and
Direct inhalation), and Geography (North America, Europe, APAC,
South America, and Middle East and Africa)
|
Region
Covered
|
North America, Europe,
APAC, South America, and Middle East and Africa
|
Key companies
profiled
|
Air Aroma Internatinal,
Biolandes SAS, doTERRA International LLC, Edens Garden, Falcon,
Frontier Co op, G. Baldwin and Co., Hubmar International, Isagenix
Worldwide Inc., JE INTERNATIONAL SARL, Mountain Rose Herbs, North
American Herb and Spice, NOW Health Group Inc., Nu Skin Enterprises
Inc., Plant Therapy, Rocky Mountain Oils LLC, SpaRoom, Stadler Form
Aktiengesellschaft, Starwest Botanicals.com Inc., and Young Living
Essential Oils LC
|
Key Market Trends Fueling Growth
The global aromatherapy market is experiencing growth due to the
increasing use of essential oils in cosmetic products. Consumers'
preference for natural ingredients, driven by the popularity of
aromatherapy and massage for pain relief, is a key factor.
Additionally, the rise in skin conditions is fueling demand for
aromatherapy products, which help nourish and reduce inflammation.
Aromatherapy-based offerings, including bath salts, hand creams,
massage oils, and body care items, are widely available from
various brands. For instance, OM SHE Aromatherapy offers a natural
lipstick made from aromatic oils, flowers, and plant extracts.
These product innovations are expected to continue driving market
expansion during the forecast period.
The aromatherapy market is experiencing significant growth,
driven by consumer demand for natural health and wellness
solutions. Direct-to-consumer brands are leading this trend,
offering a range of aromatherapy products such as essential oils,
diffusers, and carriers. Consumers are seeking stress relief,
improved sleep, and overall well-being through the use of these
products. Retailers and e-commerce platforms are also segmenting
the market based on aromatherapy types, such as floral, herbal, and
fruity. The market is expected to continue growing, driven by
increasing awareness and acceptance of aromatherapy as a
complementary therapy. Producers are focusing on sustainability and
ethical sourcing to meet consumer expectations.
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Market Challenges
- The aromatherapy market faces challenges due to potential side
effects from improper use of essential oils. Allergic reactions,
irritation, and toxicity are concerns, particularly for pregnant
women and those with allergies or lung conditions. Overdose of
cineole oil can lead to poisoning symptoms. Essential oils like
angelica root, bergamot, cumin, lemon, and orange may cause
sunburns. Toxic oils like camphor, wintergreen, sage, thyme, and
eucalyptus can harm the kidneys, liver, or nervous system. These
risks may hinder the growth of the consumables segment in the
global aromatherapy market.
- The aromatherapy market faces several challenges in the
production and use of essential oils. The primary challenge is the
high cost of production due to the complex extraction process.
Another challenge is the inconsistent quality of essential oils,
which can affect their therapeutic benefits. Additionally, the
regulatory environment for aromatherapy products varies greatly
from country to country, making it difficult for businesses to
navigate and comply with different rules. Furthermore, the
increasing demand for natural and organic products has put pressure
on producers to ensure sustainable and ethical sourcing practices.
Lastly, the market is highly competitive, with many players vying
for market share, making it essential for businesses to
differentiate themselves through product innovation and effective
marketing strategies.
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challenges - Download a Sample Report
Segment Overview
This aromatherapy market report extensively covers market
segmentation by
- Product
- 1.1 Consumables
- 1.2 Equipment
- Usage
- 2.1 Topical application
- 2.2 Aerial diffusion
- 2.3 Direct inhalation
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 APAC
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Consumables- The global aromatherapy market for
consumables, including essential oils and blends, is experiencing
significant growth due to increasing consumer preference for
organic beauty and personal care products. Companies are expanding
their product offerings with blends of essential oils to cater to
new aroma demands. Young Living Essentials, a leading US company,
offers blends like Myrtle and Gentle Baby for skin enhancement and
pregnancy massages. Strong R&D is crucial to provide pure
organic essential oils, as seen with French manufacturer Biolandes.
The US, with its high demand for aromatherapy methods, is the
largest market, while APAC, MEA, and South America show increasing demand. Online
sales are growing with Internet penetration.
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2018 - 2022) - Download a Sample Report
Research Analysis
The aromatherapy market encompasses a wide range of natural
products derived from essential oils, which hold therapeutic uses
for various disorders. This market caters to diverse demographics,
including women and millennials, who seek holistic wellness
solutions for stress relief and relaxation therapies. Essential
oils find application in healing therapies for skin conditions such
as acne scars and burn scars, as well as in the management of
digestive issues, cardiovascular disorders, and respiratory
problems. Carrier oils and blended essential oils are integral
components of aromatherapy, enabling topical application, direct
inhalation, and various diffusion methods like aerial diffusion,
ultrasonic diffusers, nebulizing diffusers, evaporative oil
diffusers, heat diffusers, and nebulizer diffusers. The relaxation
segment represents a significant portion of the aromatherapy
market, driven by the growing awareness and demand for alternative
treatments.
Market Research Overview
The Aromatherapy market encompasses a variety of essential oils
and aroma compounds extracted from plants. These natural substances
are used to enhance wellbeing and promote relaxation. The
therapeutic properties of aromatherapy include stress relief,
improved mood, and better sleep quality. Essential oils are
commonly used in aromatherapy through methods such as diffusion,
topical application, and inhalation. Popular essential oils include
lavender, peppermint, and tea tree oil. The global aromatherapy
market is experiencing significant growth due to increasing
consumer awareness of natural health and wellness solutions.
Consumers are seeking alternative therapies to manage stress,
anxiety, and other health concerns. The market is expected to
continue expanding as more people discover the benefits of
aromatherapy.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Product
-
- Usage
-
- Topical Application
- Aerial Diffusion
- Direct Inhalation
- Geography
-
- North America
- Europe
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio