Aromatherapy Market

Segmented By Component (Consumables v/s Diffusers), By Mode of Delivery (Topical Application, Aerial Diffusion, Direct Inhalation), By Distribution Channel (Direct-To-Consumer v/s B2B), By Application (Relaxation, Skin & Hair Care, Pain Management, Cold & Cough, Insomnia, Others), By End User (Hospitals & Clinics, Homecare, Spa & Wellness Centers, Others), By Region and Competition.

New York, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Aromatherapy Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028" - https://www.reportlinker.com/p06482439/?utm_source=GNW Global aromatherapy market is anticipated to register a steady CAGR during the forecast period 2024-2028.This can be ascribed to increasing stress, anxiety, and depression among people caused by the changing lifestyle and containment measures to curb the spread of the COVID-19 outbreak and awareness amongst people and patients regarding the benefits associated with the usage of aromatherapy.Increasing demand for natural therapies instead of man-made drugs and increasing investment by major players to expand their geographic presence are expected to boost the market during the forecast period. Growing demand for relaxation-inducing activities and growing technical developments and automation in manufacturing procedures as well as increasing industry research and development efforts, will further create lucrative opportunities for market growth during the forecast period.Rising Demand for Natural ProductsEssential oils have an important role in the natural preservation of foods amidst the rising concern for synthetic food additives and their long-term harmful effects.Increasing the research and development in ethereal oils incorporation as a food additive is further expected to drive the market during the forecast period.The essential oil manufacturers are focusing on expanding their aromatherapy product lines, which is expected to boost the global aromatherapy market growth over the forecast period.Additionally, it is predicted that the numerous product innovation and development plans, along with the increasing number of efforts by market participants to increase their geographic presence, will create profitable market prospects.Future growth in the aromatherapy sector is expected to be fuelled by rising consumer preference for natural goods and shifting trends in therapeutic modalities. In the United States, it is estimated that 62% of adults have used some form of complementary or alternative therapy in the last 12 months.Increasing Incidence of Chronic DisordersVarious conditions can be treated using aromatherapy, such as cardiovascular disease, anxiety, restlessness, wound healing, and skin problems.There are therapeutic uses for aromas and aromatic oils.Aside from treating wounds, anxiety, digestive problems, colds, and coughs, aromatherapy is also used as an alternative medicine for the treatment of wounds, anxiety, and pain management.Apart from treating various diseases such as respiratory issues, cardiovascular illnesses, nervous disorders, and gastrointestinal infections, among others, aromatherapy also helps in treating motion sickness, weight management, and maintaining healthy liver and gallbladder functions.This, in turn, is expected to boost the growth of global aromatherapy market.The flourishing e-commerce industry, owing to the ease of purchasing and availability of a diverse range of products, is also expected to support the global aromatherapy market.Furthermore, the changing consumer preferences for natural products and shifting trends in the adoption of different healing therapies are anticipated to create new prospects for the aromatherapy market growth in the future. Besides, aromatherapy is helpful in treating anxiety disorders as well; the growing prevalence of anxiety among the population is further expected to drive the growth of the aromatherapy market. An estimated 5.7% of U.S. adults experience generalized anxiety disorder at some time in their lives. Specific phobias affect 19.3 million adults, or 9.1% of the U.S. population. PTSD affects 7.7 million adults, or 3.6% of the U.S. population.Market SegmentationGlobal Aromatherapy market is segmented on the basis of component, mode of delivery, distribution channel, application, end user, and region.Based on components, the market is further bifurcated into consumables and diffusers.Based on the mode of delivery, the market can be further split into topical application, aerial diffusion, and direct inhalation.Based on the distribution channel, the market is divided into direct-to-consumer and B2B.Based on application, the market is further fragmented into relaxation, skin & hair care, pain management, cold & cough, insomnia, and others.Based on end-user, the market can be segmented into hospitals & clinics, homecare, spa & wellness centers, and others.Regionally, Europe dominated the market among Asia Pacific, North America, Middle East & Africa, and South America. In terms of region, North America is dominating the overall globe in the aromatherapy market.Market PlayersdoTERRA International LLC, Young Living Essential Oils Lc, Mountain Rose Inc, Edens Garden, Inc., Rocky Mountain Oils, LLC, Plant Therapy Essential Oils, Biolandes Inc., Stadler Form Aktiengesellschaft, Hubmar International Inc., Ryohin Keikaku Co., Ltd. are some of the leading players operating in the global aromatherapy market.Report Scope:In this report, Global Aromatherapy market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:• Aromatherapy Market, By Component:o Consumableso Diffusers• Aromatherapy Market, By Mode of Delivery:o Topical Applicationo Aerial Diffusiono Direct Inhalation• Aromatherapy Market, By Distribution Channel:o Direct-To-Consumero B2B• Aromatherapy Market, By Application:o Relaxationo Skin & Hair Careo Pain Managemento Cold & Cougho Insomniao Others• Aromatherapy Market, By Region:o North America United States Canada Mexicoo Europe France Germany United Kingdom Italy Spaino Asia Pacific China India Japan South Korea Australiao South America Brazil Argentina Colombiao Middle East & Africa South Africa Saudi Arabia UAE Turkey EgyptCompetitive LandscapeCompany Profiles: Detailed analysis of the major companies present in Global Aromatherapy Market.Available Customizations:With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:Company Information• Detailed analysis and profiling of additional market players (up to five).Read the full report: https://www.reportlinker.com/p06482439/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________