Toll Free : + 1-888-961-4454 | Int'l : + 91 (788) 802-9103 | support@researchdive.com
LI2010714 |
Pages: 310 |
Sep 2024 |
The aromatherapy market was valued at $2,187.2 million in 2023 and is estimated to reach $6,944.5 million by 2033, exhibiting a CAGR of 12.3% from 2024 to 2033.
Aromatherapy, a holistic healing practice rooted in ancient traditions, harnesses the power of aromatic essential oils to enhance both physical and emotional health. Dating back thousands of years, cultures worldwide, including those in China, India, and Egypt, utilized natural plant extracts for medicinal and spiritual purposes. Coined by French chemist René-Maurice Gattefossé in 1937, the term "aromatherapy" encapsulates the therapeutic application of essential oils in treating various medical conditions. Today, aromatherapy is both an art and a science, utilizing diffusers, massage oils, and other products to deliver aromas that stimulate the senses and promote well-being. With nearly a hundred essential oils available, each possessing unique healing properties, aromatherapy offers a versatile approach to holistic health and healing.
The increasing popularity of aromatherapy is being driven by growing awareness of its potential benefits for psychological and physical well-being. As more people seek alternative health treatments and explore age-old remedies, the use of essential oils and aromatherapy techniques is experiencing a significant rise. Aromatherapy, which involves the use of essential oils extracted from plants, is valued for its ability to promote relaxation, alleviate stress, and enhance mood. With over 90 recognized essential oils available, individuals are drawn to the diverse range of options for addressing various health concerns, including anxiety, depression, respiratory issues, and skin conditions. Additionally, the versatility of essential oils allows for multiple application methods, such as diffusion, inhalation, massage, and incorporation into household products, further driving their appeal.
However, there are some drawbacks or limitations of aromatherapy which is anticipated to restrain the market growth. Individuals with respiratory conditions like asthma should be mindful of potential exacerbation when exposed to certain oils. Furthermore, the absence of standardized guidelines for aromatherapy application and limited knowledge among practitioners may lead to inadequate safety protocols and ineffective treatments. Therefore, careful consideration and consultation with healthcare professionals are essential before incorporating aromatherapy into wellness practices.
The recent advancements in extraction techniques for spice essential oils and oleoresins present promising opportunities in the aromatherapy market. With the development of methods like supercritical fluid extraction, microwave-assisted extraction, enzyme-assisted extraction, and ultrasound-assisted extraction, the production of high-quality essential oils and oleoresins has become more efficient and sustainable. These advanced techniques offer advantages such as improved yield, reduced extraction time, and better preservation of bioactive compounds compared to conventional methods.
In the aromatherapy market, consumers seek natural and potent essential oils for their therapeutic benefits. The use of advanced extraction techniques ensures the extraction of pure and potent oils, enhancing their efficacy in aromatherapy practices. Moreover, the wide range of available spices and herbs allows for diverse aromatic profiles, catering to various preferences and therapeutic needs.
As consumer awareness of the benefits of aromatherapy continues to grow, there is a growing demand for high-quality essential oils and oleoresins. The development of advanced extraction techniques not only meets this demand but also opens up opportunities for innovation in product formulations and applications in aromatherapy. This presents a promising landscape for businesses looking to capitalize on the growing market for natural and therapeutic products.Top of Form
Europe's prominence in the global essential oils market is evident from its substantial imports, accounting for 43% of global imports in 2022. With imports valued at over $1,978.9 (€1,844) million and comprising 68,094 tons, Europe's demand underscores its significance. Despite uncertainties caused by factors like political tensions and the COVID-19 pandemic, European imports of essential oils have shown a positive trend over the past five years, growing at average annual rates of 2.5% in value and 3.4% in volume.
Most of Europe's essential oil imports originate from developing countries, representing 54% of total imports in 2022. While the industry faced a slump in demand in 2023, the long-term outlook remains positive. European innovation drives the market, with essential oils like lemon, orange, and peppermint being popular for new product formulations, particularly in the UK, Germany, France, the Netherlands, Denmark, and Italy.
The aromatherapy market is segmented into product, mode of delivery, application, end-use industry, and region. Based on product, the market is divided into consumables and equipment. Based on mode of delivery, the market is divided into topical application, aerial diffusion, and direct inhalation. Based on application, the market is segmented into relaxation, skin & hair care, pain management, cold & cough, insomnia, scar management, and others. Based on end-use industry, the market is segmented into home use, spa & wellness centers, hospitals & clinics, and yoga & meditation centers. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The demand for aromatherapy in the United States is experiencing significant growth, driven by various factors such as increasing consumer preference for aromatic and bio-based personal care products, the popularity of organic processed foods, and the expansion of end-use industries.
Some of the players operating in the aromatherapy market include dōTERRA, Young Living Essential Oils, Edens Garden, Mountain Rose Herbs, Plant Therapy Essential Oils, Rocky Mountain Oils, LLC, FLORIHANA, Falcon, Biolandes, and Stadler Form Aktiengesellschaft.
In addition to providing a detailed analysis of key players in the global market, the report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Aspect | Particulars |
Historical Market Estimations | 2021-2022 |
Base Year for Market Estimation | 2023 |
Forecast Timeline for Market Projection | 2024-2033 |
Geographical Scope | North America, Europe, Asia-Pacific, and LAMEA |
Segmentation by Product |
|
Segmentation by Mode of Delivery |
|
Segmentation by Application |
|
Segmentation by End-use Industry |
|
Key Companies Profiled |
|
1. Research Methodology
1.1. Desk Research
1.2. Real time insights and validation
1.3. Forecast model
1.4. Assumptions and forecast parameters
1.5. Market size estimation
1.5.1. Top-down approach
1.5.2. Bottom-up approach
2. Report Scope
2.1. Market Definition
2.2. Key objectives of the study
2.3. Market segmentation
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Growth impact forces
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.3. Market value chain analysis
4.3.1. List of suppliers
4.3.2. List of manufacturers
4.3.3. List of distributors
4.4. Innovation & sustainability matrices
4.4.1. Technology matrix
4.4.2. Regulatory matrix
4.5. Porter’s five forces analysis
4.5.1. Bargaining power of suppliers
4.5.2. Bargaining power of consumers
4.5.3. Threat of substitutes
4.5.4. Threat of new entrants
4.5.5. Competitive Rivalry Intensity
4.6. PESTLE analysis
4.6.1. Political
4.6.2. Economical
4.6.3. Social
4.6.4. Technological
4.6.5. Legal
4.6.6. Environmental
4.7. Impact of COVID-19 on the Aromatherapy Market
4.7.1. Pre-covid market scenario
4.7.2. Post-covid market scenario
5. Aromatherapy Market Analysis, by Product
5.1. Overview
5.2. Consumables
5.2.1. Definition, key trends, growth factors, and opportunities
5.2.2. Market size analysis, by region, 2023-2033
5.2.3. Market share analysis, by country, 2023-2033
5.3. Equipment
5.3.1. Definition, key trends, growth factors, and opportunities
5.3.2. Market size analysis, by region, 2023-2033
5.3.3. Market share analysis, by country, 2023-2033
5.4. Research Dive Exclusive Insights
5.4.1. Market attractiveness
5.4.2. Competition heatmap
6. Aromatherapy Market Analysis, by Mode of Delivery
6.1. Overview
6.2. Topical Application
6.2.1. Definition, key trends, growth factors, and opportunities
6.2.2. Market size analysis, by region, 2023-2033
6.2.3. Market share analysis, by country, 2023-2033
6.3. Aerial Diffusion
6.3.1. Definition, key trends, growth factors, and opportunities
6.3.2. Market size analysis, by region, 2023-2033
6.3.3. Market share analysis, by country, 2023-2033
6.4. Direct Inhalation
6.4.1. Definition, key trends, growth factors, and opportunities
6.4.2. Market size analysis, by region, 2023-2033
6.4.3. Market share analysis, by country, 2023-2033
6.5. Research Dive Exclusive Insights
6.5.1. Market attractiveness
6.5.2. Competition heatmap
7. Aromatherapy Market Analysis, by Application
7.1. Overview
7.2. Relaxation
7.2.1. Definition, key trends, growth factors, and opportunities
7.2.2. Market size analysis, by region, 2023-2033
7.2.3. Market share analysis, by country, 2023-2033
7.3. Skin & Hair Care
7.3.1. Definition, key trends, growth factors, and opportunities
7.3.2. Market size analysis, by region, 2023-2033
7.3.3. Market share analysis, by country, 2023-2033
7.4. Pain Management
7.4.1. Definition, key trends, growth factors, and opportunities
7.4.2. Market size analysis, by region, 2023-2033
7.4.3. Market share analysis, by country, 2023-2033
7.5. Cold & Cough
7.5.1. Definition, key trends, growth factors, and opportunities
7.5.2. Market size analysis, by region, 2023-2033
7.5.3. Market share analysis, by country, 2023-2033
7.6. Insomnia
7.6.1. Definition, key trends, growth factors, and opportunities
7.6.2. Market size analysis, by region, 2023-2033
7.6.3. Market share analysis, by country, 2023-2033
7.7. Scar Management
7.7.1. Definition, key trends, growth factors, and opportunities
7.7.2. Market size analysis, by region, 2023-2033
7.7.3. Market share analysis, by country, 2023-2033
7.8. Others
7.8.1. Definition, key trends, growth factors, and opportunities
7.8.2. Market size analysis, by region, 2023-2033
7.8.3. Market share analysis, by country, 2023-2033
7.9. Research Dive Exclusive Insights
7.9.1. Market attractiveness
7.9.2. Competition heatmap
8. Aromatherapy Market Analysis, by End-use Industry
8.1. Overview
8.2. Home Use
8.2.1. Definition, key trends, growth factors, and opportunities
8.2.2. Market size analysis, by region, 2023-2033
8.2.3. Market share analysis, by country, 2023-2033
8.3. Spa & Wellness Centers
8.3.1. Definition, key trends, growth factors, and opportunities
8.3.2. Market size analysis, by region, 2023-2033
8.3.3. Market share analysis, by country, 2023-2033
8.4. Hospitals & Clinics
8.4.1. Definition, key trends, growth factors, and opportunities
8.4.2. Market size analysis, by region, 2023-2033
8.4.3. Market share analysis, by country, 2023-2033
8.5. Yoga & Meditation Centers
8.5.1. Definition, key trends, growth factors, and opportunities
8.5.2. Market size analysis, by region, 2023-2033
8.5.3. Market share analysis, by country, 2023-2033
8.6. Research Dive Exclusive Insights
8.6.1. Market attractiveness
8.6.2. Competition heatmap
9. Aromatherapy Market, by Region
9.1. North America
9.1.1. U.S.
9.1.1.1. Market size analysis, by Product, 2023-2033
9.1.1.2. Market size analysis, by Mode of Delivery, 2023-2033
9.1.1.3. Market size analysis, by Application, 2023-2033
9.1.1.4. Market size analysis, by End-use Industry, 2023-2033
9.1.2. Canada
9.1.2.1. Market size analysis, by Product, 2023-2033
9.1.2.2. Market size analysis, by Mode of Delivery, 2023-2033
9.1.2.3. Market size analysis, by Application, 2023-2033
9.1.2.4. Market size analysis, by End-use Industry, 2023-2033
9.1.3. Mexico
9.1.3.1. Market size analysis, by Product, 2023-2033
9.1.3.2. Market size analysis, by Mode of Delivery, 2023-2033
9.1.3.3. Market size analysis, by Application, 2023-2033
9.1.3.4. Market size analysis, by End-use Industry, 2023-2033
9.1.4. Research Dive Exclusive Insights
9.1.4.1. Market attractiveness
9.1.4.2. Competition heatmap
9.2. Europe
9.2.1. Germany
9.2.1.1. Market size analysis, by Product, 2023-2033
9.2.1.2. Market size analysis, by Mode of Delivery, 2023-2033
9.2.1.3. Market size analysis, by Application, 2023-2033
9.2.1.4. Market size analysis, by End-use Industry, 2023-2033
9.2.2. UK
9.2.2.1. Market size analysis, by Product, 2023-2033
9.2.2.2. Market size analysis, by Mode of Delivery, 2023-2033
9.2.2.3. Market size analysis, by Application, 2023-2033
9.2.2.4. Market size analysis, by End-use Industry, 2023-2033
9.2.3. France
9.2.3.1. Market size analysis, by Product, 2023-2033
9.2.3.2. Market size analysis, by Mode of Delivery, 2023-2033
9.2.3.3. Market size analysis, by Application, 2023-2033
9.2.3.4. Market size analysis, by End-use Industry, 2023-2033
9.2.4. Spain
9.2.4.1. Market size analysis, by Product, 2023-2033
9.2.4.2. Market size analysis, by Mode of Delivery, 2023-2033
9.2.4.3. Market size analysis, by Application, 2023-2033
9.2.4.4. Market size analysis, by End-use Industry, 2023-2033
9.2.5. Italy
9.2.5.1. Market size analysis, by Product, 2023-2033
9.2.5.2. Market size analysis, by Mode of Delivery, 2023-2033
9.2.5.3. Market size analysis, by Application, 2023-2033
9.2.5.4. Market size analysis, by End-use Industry, 2023-2033
9.2.6. Rest of Europe
9.2.6.1. Market size analysis, by Product, 2023-2033
9.2.6.2. Market size analysis, by Mode of Delivery, 2023-2033
9.2.6.3. Market size analysis, by Application, 2023-2033
9.2.6.4. Market size analysis, by End-use Industry, 2023-2033
9.2.7. Research Dive Exclusive Insights
9.2.7.1. Market attractiveness
9.2.7.2. Competition heatmap
9.3. Asia-Pacific
9.3.1. China
9.3.1.1. Market size analysis, by Product, 2023-2033
9.3.1.2. Market size analysis, by Mode of Delivery, 2023-2033
9.3.1.3. Market size analysis, by Application, 2023-2033
9.3.1.4. Market size analysis, by End-use Industry, 2023-2033
9.3.2. Japan
9.3.2.1. Market size analysis, by Product, 2023-2033
9.3.2.2. Market size analysis, by Mode of Delivery, 2023-2033
9.3.2.3. Market size analysis, by Application, 2023-2033
9.3.2.4. Market size analysis, by End-use Industry, 2023-2033
9.3.3. India
9.3.3.1. Market size analysis, by Product, 2023-2033
9.3.3.2. Market size analysis, by Mode of Delivery, 2023-2033
9.3.3.3. Market size analysis, by Application, 2023-2033
9.3.3.4. Market size analysis, by End-use Industry, 2023-2033
9.3.4. Australia
9.3.4.1. Market size analysis, by Product, 2023-2033
9.3.4.2. Market size analysis, by Mode of Delivery, 2023-2033
9.3.4.3. Market size analysis, by Application, 2023-2033
9.3.4.4. Market size analysis, by End-use Industry, 2023-2033
9.3.5. South Korea
9.3.5.1. Market size analysis, by Product, 2023-2033
9.3.5.2. Market size analysis, by Mode of Delivery, 2023-2033
9.3.5.3. Market size analysis, by Application, 2023-2033
9.3.5.4. Market size analysis, by End-use Industry, 2023-2033
9.3.6. Rest of Asia-Pacific
9.3.6.1. Market size analysis, by Product, 2023-2033
9.3.6.2. Market size analysis, by Mode of Delivery, 2023-2033
9.3.6.3. Market size analysis, by Application, 2023-2033
9.3.6.4. Market size analysis, by End-use Industry, 2023-2033
9.3.7. Research Dive Exclusive Insights
9.3.7.1. Market attractiveness
9.3.7.2. Competition heatmap
9.4. LAMEA
9.4.1. Brazil
9.4.1.1. Market size analysis, by Product, 2023-2033
9.4.1.2. Market size analysis, by Mode of Delivery, 2023-2033
9.4.1.3. Market size analysis, by Application, 2023-2033
9.4.1.4. Market size analysis, by End-use Industry, 2023-2033
9.4.2. UAE
9.4.2.1. Market size analysis, by Product, 2023-2033
9.4.2.2. Market size analysis, by Mode of Delivery, 2023-2033
9.4.2.3. Market size analysis, by Application, 2023-2033
9.4.2.4. Market size analysis, by End-use Industry, 2023-2033
9.4.3. Saudi Arabia
9.4.3.1. Market size analysis, by Product, 2023-2033
9.4.3.2. Market size analysis, by Mode of Delivery, 2023-2033
9.4.3.3. Market size analysis, by Application, 2023-2033
9.4.3.4. Market size analysis, by End-use Industry, 2023-2033
9.4.4. South Africa
9.4.4.1. Market size analysis, by Product, 2023-2033
9.4.4.2. Market size analysis, by Mode of Delivery, 2023-2033
9.4.4.3. Market size analysis, by Application, 2023-2033
9.4.4.4. Market size analysis, by End-use Industry, 2023-2033
9.4.5. Rest of LAMEA
9.4.5.1. Market size analysis, by Product, 2023-2033
9.4.5.2. Market size analysis, by Mode of Delivery, 2023-2033
9.4.5.3. Market size analysis, by Application, 2023-2033
9.4.5.4. Market size analysis, by End-use Industry, 2023-2033
9.4.6. Research Dive Exclusive Insights
9.4.6.1. Market attractiveness
9.4.6.2. Competition heatmap
10. Competitive Landscape
10.1. Top winning strategies, 2023
10.1.1. By strategy
10.1.2. By year
10.2. Strategic overview
10.3. Market share analysis, 2023
11. Company Profiles
11.1. dōTERRA
11.1.1. Overview
11.1.2. Business segments
11.1.3. Product portfolio
11.1.4. Financial performance
11.1.5. Recent developments
11.1.6. SWOT analysis
11.2. Young Living Essential Oils
11.2.1. Overview
11.2.2. Business segments
11.2.3. Product portfolio
11.2.4. Financial performance
11.2.5. Recent developments
11.2.6. SWOT analysis
11.3. Edens Garden
11.3.1. Overview
11.3.2. Business segments
11.3.3. Product portfolio
11.3.4. Financial performance
11.3.5. Recent developments
11.3.6. SWOT analysis
11.4. Mountain Rose Herbs
11.4.1. Overview
11.4.2. Business segments
11.4.3. Product portfolio
11.4.4. Financial performance
11.4.5. Recent developments
11.4.6. SWOT analysis
11.5. Plant Therapy Essential Oils
11.5.1. Overview
11.5.2. Business segments
11.5.3. Product portfolio
11.5.4. Financial performance
11.5.5. Recent developments
11.5.6. SWOT analysis
11.6. Rocky Mountain Oils, LLC
11.6.1. Overview
11.6.2. Business segments
11.6.3. Product portfolio
11.6.4. Financial performance
11.6.5. Recent developments
11.6.6. SWOT analysis
11.7. FLORIHANA
11.7.1. Overview
11.7.2. Business segments
11.7.3. Product portfolio
11.7.4. Financial performance
11.7.5. Recent developments
11.7.6. SWOT analysis
11.8. Falcon
11.8.1. Overview
11.8.2. Business segments
11.8.3. Product portfolio
11.8.4. Financial performance
11.8.5. Recent developments
11.8.6. SWOT analysis
11.9. Biolandes
11.9.1. Overview
11.9.2. Business segments
11.9.3. Product portfolio
11.9.4. Financial performance
11.9.5. Recent developments
11.9.6. SWOT analysis
11.10. Stadler Form Aktiengesellschaft
11.10.1. Overview
11.10.2. Business segments
11.10.3. Product portfolio
11.10.4. Financial performance
11.10.5. Recent developments
11.10.6. SWOT analysis
* Taxes/Fees, If applicable will be added during checkout. All prices in USD.
Have a question ?
Enquire To BuyNeed to add more ?
Request Customization