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Aromatherapy Trends and Forecast
The future of the global aromatherapy market looks promising with opportunities in the home use, spa & wellness centers, hospitals & clinics, and yoga & meditation centers markets. The global aromatherapy market is expected to grow with a CAGR of 10.2% from 2024 to 2030. The major drivers for this market are increasing consumer preference for natural and alternative therapies and growing focus on mental health and stress management.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Aromatherapy by Segment
The study includes a forecast for the global aromatherapy by product, mode of delivery , application, end use, and region.
Aromatherapy Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Consumables
• Equipment
Aromatherapy Market by Mode of Delivery [Shipment Analysis by Value from 2018 to 2030]:
• Topical Application
• Aerial Diffusion
• Direct Inhalation
Aromatherapy Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Relaxation
• Skin & Hair Care
• Pain Management
• Cold & Cough
• Insomnia
• Scar Management
Aromatherapy Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Home Use
• Spa & Wellness Centers
• Hospitals & Clinics
• Yoga & Meditation Centers
Aromatherapy Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Aromatherapy Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aromatherapy companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aromatherapy companies profiled in this report include-
• Young Living Essential Oils
• Edens Garden
• Mountain Rose Herbs
• Plant Therapy Essential Oils
• Rocky Mountain Oils
Aromatherapy Market Insights
Lucintel forecasts that consumables will remain the larger segment over the forecast period due to the increasing adoption of essential oils as therapeutic agents for various disease conditions.
Within this market, home use is expected to witness the highest growth due to its non-invasive characteristic.
Europe is expected to witness highest growth over the forecast period due to a good-established healthcare system, and increasing awareness about the benefits of alternative therapies.
Features of the Global Aromatherapy Market
Market Size Estimates: Aromatherapy market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Aromatherapy market size by various segments, such as by product, mode of delivery , application, end use, and region in terms of value ($B).
Regional Analysis: Aromatherapy market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product, mode of delivery , application, end use, and regions for the aromatherapy market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aromatherapy market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for aromatherapy market?
Answer: The global aromatherapy market is expected to grow with a CAGR of 10.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the aromatherapy market?
Answer: The major drivers for this market are increasing consumer preference for natural and alternative therapies and growing focus on mental health and stress management.
Q3. What are the major segments for aromatherapy market?
Answer: The future of the aromatherapy market looks promising with opportunities in the home use, spa & wellness centers, hospitals & clinics, and yoga & meditation centers markets.
Q4. Who are the key aromatherapy market companies?
Answer: Some of the key aromatherapy companies are as follows:
• Young Living Essential Oils
• Edens Garden
• Mountain Rose Herbs
• Plant Therapy Essential Oils
• Rocky Mountain Oils
Q5. Which aromatherapy market segment will be the largest in future?
Answer: Lucintel forecasts that consumables will remain the larger segment over the forecast period due to the increasing adoption of essential oils as therapeutic agents for various disease conditions.
Q6. In aromatherapy market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to witness highest growth over the forecast period due to a good-established healthcare system, and increasing awareness about the benefits of alternative therapies.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the aromatherapy market by product (consumables and equipment), mode of delivery (topical application, aerial diffusion, and direct inhalation), application (relaxation, skin & hair care, pain management, cold & cough, insomnia, and scar management), end use (home use, spa & wellness centers, hospitals & clinics, and yoga & meditation centers), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Aromatherapy Market, Aromatherapy Market Size, Aromatherapy Market Growth, Aromatherapy Market Analysis, Aromatherapy Market Report, Aromatherapy Market Share, Aromatherapy Market Trends, Aromatherapy Market Forecast, Aromatherapy Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Aromatherapy Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Aromatherapy Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Aromatherapy Market by Product
3.3.1: Consumables
3.3.2: Equipment
3.4: Global Aromatherapy Market by Mode of Delivery
3.4.1: Topical Application
3.4.2: Aerial Diffusion
3.4.3: Direct Inhalation
3.5: Global Aromatherapy Market by Application
3.5.1: Relaxation
3.5.2: Skin & Hair Care
3.5.3: Pain Management
3.5.4: Cold & Cough
3.5.5: Insomnia
3.5.6: Scar Management
3.6: Global Aromatherapy Market by End Use
3.6.1: Home Use
3.6.2: Spa & Wellness Centers
3.6.3: Hospitals & Clinics
3.6.4: Yoga & Meditation Centers
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Aromatherapy Market by Region
4.2: North American Aromatherapy Market
4.2.2: North American Aromatherapy Market by End Use: Home Use, Spa & Wellness Centers, Hospitals & Clinics, and Yoga & Meditation Centers
4.3: European Aromatherapy Market
4.3.1: European Aromatherapy Market by Product: Consumables and Equipment
4.3.2: European Aromatherapy Market by End Use: Home Use, Spa & Wellness Centers, Hospitals & Clinics, and Yoga & Meditation Centers
4.4: APAC Aromatherapy Market
4.4.1: APAC Aromatherapy Market by Product: Consumables and Equipment
4.4.2: APAC Aromatherapy Market by End Use: Home Use, Spa & Wellness Centers, Hospitals & Clinics, and Yoga & Meditation Centers
4.5: ROW Aromatherapy Market
4.5.1: ROW Aromatherapy Market by Product: Consumables and Equipment
4.5.2: ROW Aromatherapy Market by End Use: Home Use, Spa & Wellness Centers, Hospitals & Clinics, and Yoga & Meditation Centers
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Aromatherapy Market by Product
6.1.2: Growth Opportunities for the Global Aromatherapy Market by Mode of Delivery
6.1.3: Growth Opportunities for the Global Aromatherapy Market by Application
6.1.4: Growth Opportunities for the Global Aromatherapy Market by End Use
6.1.5: Growth Opportunities for the Global Aromatherapy Market by Region
6.2: Emerging Trends in the Global Aromatherapy Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Aromatherapy Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Aromatherapy Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Young Living Essential Oils
7.2: Edens Garden
7.3: Mountain Rose Herbs
7.4: Plant Therapy Essential Oils
7.5: Rocky Mountain Oils
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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