Aromatherapy Market 2028 Growing Worldwide By Best Key players- dōTERRA; 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
The global aromatherapy
market
size is anticipated to reach USD 3.7
billion by 2028, according to a new report by Grand View Research, Inc. 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 is
considered as an alternative medicinal therapy that helps recover from various
disorders, including pain, cardiovascular disorders, respiratory disorders,
skin-related problems, cold and cough, digestion problems, immune system
dysfunction, insomnia, anxiety, and wounds. Women are usually more concerned
about acne scars, and people with acne-related problems often opt for
therapeutic-grade essential oils.
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https://www.grandviewresearch.com/industry-analysis/aromatherapy-market/request/rs1
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
List of Key Players of Aromatherapy Market
- dōTERRA
- Young Living
Essential Oils
- Edens Garden
- Mountain Rose
Herbs
- Plant Therapy
Essential Oils
- Rocky Mountain
Oils, LLC
- FLORIHANA
- Falcon
- Biolandes
- Stadler Form
Aktiengesellschaft
- Hubmar
International
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