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Global Aromatherapy Market Outlook 2028: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

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Global Aromatherapy Market Outlook 2028: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

Global Aromatherapy Market Outlook 2028: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • Published Date: 16 May 2021
  • Report ID: HLT 00207
  • Pages:174
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

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.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Aromatherapy Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Aromatherapy Market -Industry Snapshots

6.1             Overview

6.1.1          Global Aromatherapy Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Aromatherapy Market Analysis, by Product

7.1             Overview

7.2             Key Findings for Aromatherapy Market- By Product

7.2.1          Aromatherapy Market- Consumables

7.2.2          Aromatherapy Market- Equipment

Chapter 8           Global Aromatherapy Market Analysis, by Mode of Delivery

8.1             Overview

8.2             Key Findings for Aromatherapy Market- By Mode of Delivery

8.2.1          Aromatherapy Market- Topical Application

8.2.2          Aromatherapy Market- Aerial Diffusion

8.2.3          Aromatherapy Market- Direct Inhalation

Chapter 9           Global Aromatherapy Market Analysis, by Application

9.1             Overview

9.2             Key Findings for Aromatherapy Market- By Application

9.2.1          Aromatherapy Market- Relaxation

9.2.2          Aromatherapy Market- Skin & Hair Care

9.2.3          Aromatherapy Market- Pain Management

9.2.4          Aromatherapy Market- Cold & Cough

Chapter 10       Aromatherapy Market Analysis by Region

10.1           Key Findings for Aromatherapy Market- By region

10.2           Overview

10.2.1       Global Aromatherapy Market Analysis, By Product, 2019 – 2028

10.2.2       Global Aromatherapy Market Analysis, By Mode of Delivery, 2019 – 2028

10.2.3       Global Aromatherapy Market Analysis, By Application, 2019 – 2028

10.3           Aromatherapy Market – North America

10.3.1       Overview

10.3.2       U.S.

10.3.3       Canada

10.3.4       Mexico

10.3.5       North America Market, By Product

10.3.6       North America Market, By Mode of Delivery

10.3.7       North America Market, By Application

10.4           Aromatherapy Market – Europe

10.4.1       Overview

10.4.2       Germany

10.4.3       United Kingdom

10.4.4       France

10.4.5       Italy

10.4.6       Rest Of Europe

10.4.7       Europe Market, By Product

10.4.8       Europe Market, By Mode of Delivery

10.4.9       Europe market by, Application

10.5           Aromatherapy Market – Asia Pacific

10.5.1       Overview

10.5.2       China

10.5.3       Japan

10.5.4       India

10.5.5       Rest of APAC

10.5.6       Asia Pacific Market, By Product

10.5.7       Asia Pacific Market, By Mode of Delivery

10.5.8       Asia Pacific Market, By Application

10.6           Aromatherapy Market – LAMEA

10.6.1       Overview

10.6.2       Middle East & Africa (MEA)

10.6.3       Latin America

10.6.4       Rest Of World

10.6.5       Latin America, Middle East and Africa Market, By Product

10.6.6       Latin America, Middle East and Africa Market, By Mode of Delivery

10.6.7       Latin America, Middle East and Africa Market, By Application

Chapter 11       Market Competition Analysis

11.1           Market Share/Positioning Analysis

11.1.1       Market Positioning of Key Vendors, 2019

11.1.2       Key Strategies Adopted by the Leading Players

11.1.3       Recent Developments

Chapter 12       Company Profiles- Snapshot

12.1           ōTERRA

12.1.1       Business Fundamentals

12.1.2       Financial Snapshots

12.1.3       Product Portfolio

12.1.4       Recent Developments

12.2           Edens Garden

12.3           Young Living Essential Oils

12.4           Frontier Natural Products Co-op

12.5           Rocky Mountain Oils

12.6           Rocky Mountain Oils, LLC

12.7           Plant Therapy Essential Oils

12.8           FLORIHANA

12.9           Biolandes

12.10        Falcon Essential Oils

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 13       Appendix

 

 

 

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