Aromatherapy Market - By Product (Consumables, Equipment), Mode of Delivery (Topical, Aerial Diffusion, Direct Inhalation), Application (Mental Health, Pain, Scar Management), End-use – Global Forecast 2023-2032
Published on: 2024-07-20 | No of Pages : 240 | Industry : Healthcare
Publisher : MIR | Format : PDF&Excel
Aromatherapy Market - By Product (Consumables, Equipment), Mode of Delivery (Topical, Aerial Diffusion, Direct Inhalation), Application (Mental Health, Pain, Scar Management), End-use – Global Forecast 2023-2032
Aromatherapy Market Size
Aromatherapy Market was valued at USD 1.9 billion in 2022 and is estimated to witness 10.9% CAGR from 2023 to 2032. Aromatherapy is a holistic healing practice that utilizes the therapeutic properties of essential oils extracted from plants to enhance physical, mental, and emotional well-being. Moreover, the rising awareness of mental health issues and the need for stress relief has led to an increased interest in aromatherapy.
For instance, Johns Hopkins University reports that approximately 9.5% of U.S. adults, aged 18 years and above, are projected to experience depressive illnesses, including major depression, dysthymia, or bipolar disorder, annually. Thus, essential oil, are believed to have calming and mood-enhancing properties making them attractive to individuals seeking holistic solutions for managing depression and improving mental wellness.
Furthermore, ongoing innovations in aromatherapy products, including diffusers, topical applications, and unique oil blends contribute to market growth. Moreover, advances in extraction methods, product formulations, and convenient delivery systems appeal to a diverse consumer base, fostering continued interest and consumption of aromatherapy products.
Report Attribute | Details |
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Base Year | 2022 |
Aromatherapy Market Size in 2022 | USD 1.9 Billion |
Forecast Period | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR | 10.9% |
2032 Value Projection | USD 5.4 Billion |
Historical Data for | 2018 to 2022 |
No. of Pages | 354 |
Tables, Charts & Figures | 864 |
Segments covered | Product Type, Mode of Delivery, Application, End-use, and Region |
Growth Drivers |
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Pitfalls & Challenges |
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COVID-19 Impact
The COVID-19 pandemic spurred a surge in the aromatherapy market, as stress led to a quest for holistic remedies. Lockdowns increased the demand for psychotropic drugs and essential oils, elevating the appeal of aromatherapy products. Furthermore, the shift towards natural well-being seamlessly merged with aromatherapy's essence, penetrating healthcare for mental equilibrium coupled with pain management devices, which was valued at USD 4.0 billion in 2022. Thus, aromatherapy's adaptability and alignment with wellness trends left a lasting impact on the pandemic narrative.
Aromatherapy Market Trends
The flourishing spa and wellness domain has been a pivotal catalyst in propelling the market forward. For instance, in 2020, as per estimates, the global count of spa establishments exceeded 160,000, globally. Moreover, aromatherapy seamlessly intertwines with lavish spa indulgences, soothing massages, and skin rejuvenation therapies, fostering the holistic blooming of the well-being realm. Thus, this integration aligns with consumer preferences for indulgent self-care experiences and the paramount pursuit of stress alleviation.
- Furthermore, an escalating preference for holistic and alternative healthcare methods has propelled the surge in aromatherapy demand.
- Individuals are progressively pursuing herbal medicinal products, cherishing the perceived advantages of employing natural essential oils for both physical rejuvenation and mental serenity.
Aromatherapy Market Analysis
The market by product type is categorized into consumables and equipment. The consumables segment garnered USD 1.5 billion revenue size in the year 2022.
- The dominance of the consumables is propelled by an unwavering consumer appetite for essential oils, and associated products owing to widely acknowledged therapeutic virtues.
- The consumables domain maintains its supremacy through a continuous stream of ingenuity in formulations, packaging aesthetics, and presentation finesse
Therefore, these strides not only bolster the segment's supremacy but also act as catalysts for the overarching market's proliferation.
Based on mode of delivery, the aromatherapy market is segmented topical application, aerial diffusion, and direct inhalation. The topical application segment garnered USD 867 million revenue size in the year 2022.
- The topical application segment reigns supreme in the market, boasting a user-friendly modality that delivers targeted relief and swift absorption.
- The direct application of essential oils to the skin offers efficacious and localized benefits. The method's versatility coupled with consumer enlightenment and unconventional products such as roll-ons, has propelled its ubiquitous embrace.
Thus, as the clamour for natural well-being solutions escalates, topical aromatherapy is poised to perpetuate its eminence among discerning consumers.
Based on application, the aromatherapy market unfolds into distinctive domains such as mental health management, insomnia, skin & hair care, pain management, cold & cough, scar management, and other applications. Notably, the mental health management enclave exhibited its prowess by amassing a substantial revenue of USD 500 million in the year 2022.
- The segments growth is propelled by the acknowledged efficacy of essential oils in alleviating stress and elevating moods. Moreover, fueled by a growing consciousness of mental well-being and an inclination for holistic health, consumers are gravitating towards aromatherapeutic offerings such as soothing blends and transformative diffusers.
- This cultural shift harmonizes with the market's upward trajectory, establishing aromatherapy as a pivotal influencer in fostering mental balance and holistic mental wellness.
Based on end-use, the aromatherapy market unfolds its segmentation, encompassing the domains of home care settings, yoga & meditation centers, spa & wellness centers, and hospitals & clinics. The home care settings segment garnered USD 833 million revenue size in the year 2022.
- The dominance of home care settings in the aromatherapy realm is propelled by an alignment with contemporary consumer cravings for domestic well-being.
- The infusion of cutting-edge technologies, such as intelligent diffusers, seamlessly integrates aromatic indulgences into daily rituals.
- Furthermore, the market's robustness is fortified by a sweeping transition towards organic well-being, buoyed by astute marketing strategies, foreshadowing continual growth fueled by the enchantment of curating distinctive and serene abodes.
U.S. aromatherapy market accounted for USD 722 million revenue size in 2022 and is predicted to witness substantial market growth over the analysis timeline.
- The U.S. dominates the market due to a strong culture of health and wellness, heightened consumer awareness, and a thriving wellness industry.
- Moreover, the U.S. companies actively market and innovate aromatherapy products, leveraging a well-developed retail infrastructure.
- The country's economic strength and a cultural shift towards self-care further contribute to the widespread adoption of aromatherapy, making it a central hub for the industry's success.
Aromatherapy Market Share
The aromatherapy industry is fragmented, with key players including doTERRA International LLC, Young Living Essential Oils, and others dominating the market. These companies focus on ongoing product innovation, geographical expansion, and partnerships to secure substantial market shares. For instance, in May 2023, Young Living Essential Oils enriched its aromatherapy offerings with two new products, Season Essentials and Red Cedar Bliss essential oil. This strategic expansion not only enhanced the company's portfolio but also had the potential to boost revenue significantly.
Some of the eminent market participants operating in the aromatherapy industry include
- doTERRA International LLC
- Young Living Essential Oils
- Edens Garden, LLC
- Plant Therapy Essential Oils
- Aura Cacia
- Now Foods
- Rocky Mountain Oils, LLC
- Mountain Rose Herbs
- Aromis Aromatherapy
- Organic Aromas
- InnoGear
- SpaRoom
- URPOWER
- Airomé
- Stadler Form Aktiengesellschaft
- FLORIHANA
- Biolandes
- Falcon
Aromatherapy Industry News
- In September 2023, d?TERRA introduced a variety of new essential oils, blends, and expansions to their sleep and gut health systems. With an unwavering dedication to providing high-quality products and sustainably sourced essential oils, d?TERRA strengthened its product portfolio and extended its customer base through these enhancements.
- In September 2022, Young Living, a global leader in essential oils and products infused with essential oils, secured 17 patents for essential oil production, covering both utility and design, from the U.S. Patent and Trademark Office. This patent acquisition not only provided the potential to boost the company's revenue but also gave a significant competitive edge in the market.
Aromatherapy market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD and volume in Units from 2018 to 2032 for the following segments
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By Product Type, 2018 – 2032 (USD Million & Units)
- Consumables
- Essential oils
- Camphoraceous
- Herbaceous
- Woody
- Earthy
- Spicy
- Citrus
- Floral
- Other essential oils
- Blends oils
- Carrier oils
- Equipment
- Evaporative diffusers
- Ultrasonic diffusers
- Nebulizing diffusers
- Heat diffusers
- Other equipment
By Mode of Delivery, 2018 – 2032 (USD Million)
- Topical application
- Aerial diffusion
- Direct inhalation
By Application, 2018 – 2032 (USD Million)
- Pain management
- Insomnia
- Skin & hair care
- Mental health management
- Cold & cough
- Scar management
- Other applications
By End-use, 2018 – 2032 (USD Million)
- Yoga & meditation centers
- Home care settings
- Spa & wellness centers
- Hospitals & clinics
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Sri Lanka
- Vietnam
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
- Morocco
- Tunisia
- Egypt
- Rest of Middle East & Africa