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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
By Mode of Delivery
By Application
By Region
Key Reasons to Purchase this Report
Table of Content
Chapter 2 Our Research Practice
Chapter 4 Covid-19 Impact Analysis
4.3 Key Factor Impact Analysis
Chapter 5 Global Aromatherapy Market Forces
5.2 Porter’s Five Forces Analysis
5.2.2 Threats From New Entrants
5.2.4 Threat From Substitute Product
Chapter 6 Global Aromatherapy Market -Industry Snapshots
6.1.1 Global Aromatherapy Market Value, 2019 – 2028, (US$ Bn)
6.2.2 Restraint/Challenges analysis
6.3 Supply Chain/Value Chain Analysis
Chapter 7 Global Aromatherapy Market Analysis, by Product
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
8.2 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
9.2 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
10.2.1 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
10.3.5 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
10.4.7 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
10.5.6 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
10.6.2 Middle East & Africa (MEA)
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
Chapter 12 Company Profiles- Snapshot
12.3 Young Living Essential Oils
12.4 Frontier Natural Products Co-op
12.7 Plant Therapy Essential Oils
*More than 10 Companies are profiled in this Research Report*
*Financials would be provided on a best efforts basis for private companies”
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