Global Aromatherapy Market is anticipated to rise at a value CAGR of 9.3 % over 2019-2028. According to a study published by Insure Insights on the Global Aromatherapy Market. Aromatherapy is a treatment that consists of fragrant essential oils; it is used for inhalation or bodily application through massage. It uses natural plant extracts to promote the health and well-being of a person; they improve the health of the body, mind, and spirit and enhances both physical and emotional health. Increase in the stressful life, of the people in the developed and developing economies, have driven the market

Top Driver: The use of Aromatherapy in wide therapeutic application has driven the demand for the growth

Aromatherapy is widely used in medical ailments like skin-related problems, pain management, insomnia, cardiovascular and respiratory disorders, digestion problems, cold and cough, immune system functioning, anxiety, and wound healing, etc.  These oils also help in treating acne, Burn scars, etc. The increase in the sales of essential oils for home usage has further triggered the growth of the market.

Consumables Products has dominated growth in the Global Aromatherapy Market

Based on the Product, the Consumables segment has obtained the highest growth as they have therapeutic properties that aid in various disease conditions like heart diseases. These products trigger healing in a natural way.  Consumables are also helpful in skincare; these factors are attributed to the segmental growth of the market. The advent of novel and innovative diffusers has further boosted the demand for consumables and have triggered market growth.

  In terms of the Mode of Administration, the Topical Application segment, have obtained the most remarkable growth owing to the increase in skin disorders and the ability of the topical Aromatherapy in the treatment to combat and fight various chronic skin-related issues. Based on Application relaxation segment has held the largest market revenue due to growth in a stressful life, especially in cities and increase anxiety, depression amoung adults have boosted the market. 

North America boosts the regional market due to the presence of key players  

North America has ruled the regional market with the presence of key players, like doTERRA International, Young Living Essential Oils, and Frontier Natural Products Co-op, and the rise in disposable income among the public is the primary factor boosting the regional market. Moreover, the increase in the minor health ailments among adults and increased awareness about Aromatherapy as an alternative medicinal therapy in this region have further escalated the market size of the region.  The Asia Pacific region is expected to grow with the highest growth in the forecast owing to the  rise in various disorders, increase admission of the individual in a spa to relieve stress have boosted the regional growth.

Product launches, Strategic Collaborations, and Acquisition, are the major strategies of the competitors

The Players of the Global Aromatherapy Market is fragmented. Product launches, Mergers, and Acquisition are strategies used by the competitors. The key competitors of the Global Aromatherapy Market are ōTERRA, Edens Garden, Young Living Essential Oils, Frontier Natural Products Co-op, Rocky Mountain Oils, Rocky Mountain Oils, LLC, Plant Therapy Essential Oils, FLORIHANA, Biolandes, and Falcon Essential Oils.

Young Living Essential Oils: Young Living Essential Oils is one of the key competitors of the Global Aromatherapy Market; for instance, In July 2019, Young Living Essential Oils had announced the Acquisition of Nature’s Ultra. Nature’s Ultra. This Acquisition was made Young Living Essential Oils to create an industry leadership and expertise in offering the highest quality oil-infused products.  

Scope of the Report

By Product

• Consumables
• Equipment

By Mode of Delivery

• Topical Application
• Aerial Diffusion
• Direct Inhalation

 By Application

• Relaxation
• Skin & Hair Care
• Pain Management
• Cold & Cough

By Region

• North America
• Europe
• Asia Pacific
• LAMEA

Key Reasons to Purchase this Report

1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders definite analysis for changing competitive dynamics.
4. It builds a seven-year estimate based on how the market is predicted to grow.