Aromatherapy Market Outlook 2024-2033: Trends and Projections

The aromatherapy global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Aromatherapy Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size –
The aromatherapy market size has grown rapidly in recent years. It will grow from $1.94 billion in 2023 to $2.14 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to increased preference for natural health remedies, emergence of e-commerce channels, regulatory support , influence of social media, expansion into emerging markets.

The aromatherapy market size is expected to see strong growth in the next few years. It will grow to $3.09 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to growing consumer awareness of the therapeutic benefits, increasing research and development efforts, rising demand for preventive care products, rising disposable income, rising urbanization. Major trends in the forecast period include digital aromatherapy, cbd-infused aromatherapy, aromatherapy for pets, personalized and customized products, holistic wellness.

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Scope Of Aromatherapy Market
The Business Research Company’s reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Aromatherapy Market Overview

Market Drivers –
Rising stress, anxiety, and depression among people is driving the growth of the aromatherapy market. The COVID-19 pandemic has caused numerous changes in individual lives, including uncertainty, disrupted daily routines, financial strains, and social isolation, leading to increased tension, worry, and sadness. The individuals are looking out for ayurvedic and chemical free methods such as aromatherapy to reduce, anxiety and depression. According to a scientific brief issued today by the World Health Organization (WHO) in March 2022, the global occurrence of anxiety and sadness soared by a staggering 25% in the first year of the COVID-19 pandemic. Therefore, the rising stress, anxiety, and depression among people is expected to boost demand for aromatherapy during forecast period.

The aromatherapy market covered in this report is segmented –

1) By Product Type: Consumables, Equipment
2) By Delivery Outlook: Topical Application, Aerial Diffusion, Direct Inhalation
3) By Application: Relaxation, Skin & Hair Care, Pain Management, Cold & Cough, Insomnia, Scar Management, Other Applications
4) By End-Use: Home Use, Spa & Wellness Centers, Hospitals & Clinics, Yoga & Meditation Centers
5) By Distribution Channel: D2C, B2B

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Regional Insights – 
Western Europe was the largest region in the aromatherapy market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aromatherapy market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Key Companies –
Major companies operating in the aromatherapy market include doTERRA International LLC, Young Living Essential Oils LC, Edens Garden LLC, Mountain Rose Inc., Plant Therapy Inc., Aromahead Institute Inc., Aromafloria Inc., Aromatherapy Associates Limited, Frontier Natural Products Co-op, Bath & Body Works LLC., Body Bliss LLC., Floracopeia Inc., G. Baldwin & Co. Ltd., Healing Fragrances School of Aromatherapy Inc., Neal’s Yard (Natural Remedies) Limited, NOW Health Group Inc., Primavera Life GmbH, Rocky Mountain Oils LLC., Saje Natural Wellness USA Inc., Stillpoint Aromatics LLC., The Aromatherapy Company, The Aromatherapy Shoppe LLC., The Body Shop International Limited, The Essential Oil Company Inc., Tisserand Institute LLC., Zija International Inc., ZYTO Corporation, Aromaflage LLC., Aromatics International LLC.

Table of Contents

1. Executive Summary
2. Aromatherapy Market Report Structure
3. Aromatherapy Market Trends And Strategies
4. Aromatherapy Market – Macro Economic Scenario
5. Global Aromatherapy Market Size and Growth
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31. Global Aromatherapy Market Competitive Benchmarking
32. Global Aromatherapy Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Aromatherapy Market
34. Aromatherapy Market Future Outlook and Potential Analysis
35. Appendix

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