Aromatherapy Market Size Will Reach to ~USD 4.14 Billion by 2030: Polaris Market Research
The global aromatherapy market size is expected to reach USD 4.14 Billion by 2030 according to a new study by Polaris Market Research. The report “Aromatherapy Market Share, Size, Trends, Industry Analysis Report, By Product, By Mode of Delivery (Tropical Application, Aerial Diffusion, Direct Inhalation), By Application, By Distribution Channel (DTC, B2B) By End-Use, By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Increasing demand for ayurvedic solutions for modern problems such as anxiety, stress, depression, and others is expected to propel the demand for aromatherapy products. Furthermore, increasing demand for natural products, coupled with the rising occurrence of chronic diseases in emerging and developed nations, is expected to drive the market demand over the forecast period.
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Home use segment is expected to dominate the industry during the forecast period as it provides freedom to use anytime. Furthermore, the outbreak of COVID-19 has boosted the segment growth as strict lockdowns and restrictions imposed by several governments lead to increased staying at home.
North America is expected to hold the major shares in the market over the forecast period due to the presence of a well-established healthcare system in countries like the U.S. and Canada. Furthermore, government approvals for oil farming in this region are expected to favor the trend.
Some of the major players operating in the global market are Biolandes, Air Aroma, dōTERRA, Edens Garden, Falcon, G. Baldwin & Co., FLORIHANA, Hubmar International, North American Herb and Spice, Mountain Rose Herbs, Nu Skin, Plant Therapy Essential Oils, Rocky Mountain Oils, LLC, Stadler Form Aktiengesellschaft, Ouwave Aroma Tech (Shenzhen) CO. Ltd, Ryohin Keikaku Co., Ltd, SpaRoom, Starwest Botanicals, and Young Living Essential Oils.
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Polaris Market Research has segmented the aromatherapy market report on the basis of product, mode of delivery, application, distribution channel, end-use, and region:
Aromatherapy, Mode of Delivery Outlook (Revenue – USD Billion, 2018 – 2030)
- Topical Application
- Aerial Diffusion
- Direct Inhalation
Aromatherapy, Product Outlook (Revenue – USD Billion, 2018 – 2030)
- Essential Oils
- Carrier Oils
- Essential Oils
Aromatherapy, Application Outlook (Revenue – USD Billion, 2018 – 2030)
- Skin & Hair Care
- Pain Management
- Cold & Cough
- Scar Management
Aromatherapy, Distribution Channel Outlook (Revenue – USD Billion, 2018 – 2030)
Aromatherapy, End-Use Outlook (Revenue – USD Billion, 2018 – 2030)
- Home Use
- Spa & Wellness Centers
- Hospitals & Clinics
- Yoga & Meditation Centers
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