Global Aromatherapy Market Insights Forecasts to 2033

• The Global Aromatherapy Market Size was Valued at USD 7.5 Billion in 2023
• The Market Size is Growing at a CAGR of 9.45% from 2023 to 2033
• The Worldwide Aromatherapy Market Size is Expected to Reach USD 18.5 Billion by 2033
• Europe is Expected to Grow the fastest during the forecast period.

 

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The Global Aromatherapy Market Size is Anticipated to Exceed USD 18.5 Billion by 2033, Growing at a CAGR of 9.45% from 2023 to 2033.

 

Market Overview

Aromatherapy is the practice of using essential oils for therapeutic benefit for centuries. The National Association for Holistic Aromatherapy (NAHA) defines aromatherapy as “the therapeutic application or the medicinal use of aromatic substances (essential oils) for holistic healing.” It is believed that aromatherapy is normally used through inhalation or as a topical application to enhance physical, emotional, and spiritual well-being. When inhaled, the scent molecules in essential oils travel from the olfactory nerves directly to the brain and especially impact the amygdala, the emotional center of the brain. Aromatherapy applications include massage, topical applications, and inhalation. A range of essential oils have been found to have various degrees of antimicrobial activity and are believed to have antiviral, nematicidal, antifungal, insecticidal, and antioxidant properties that aid in the treatment of different skin and hair diseases. Aromatherapy is a complementary therapy that does not provide a cure for diseases, rashes, or illnesses, but it can support conventional treatment of various conditions. Several studies have evaluated the effects of lavender essential oil on the anxiety of hemodialysis (HD) patients and it was found that using lavender significantly reduced fatigue and anxiety in HD patients. A low concentration of lavender oil inhalation can reduce pain and improve soothing in infants with the pentavalent vaccine injection.

 

Report Coverage

This research report categorizes the market for the global aromatherapy market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global aromatherapy market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global aromatherapy market.

 

Driving Factors

The continuous technological advancements and innovations for enhancing the efficiency of aromatherapy products and services including advancements in materials, manufacturing processes, and digital technologies are driving the market growth of aromatherapy. For instance, Aeroscena, a company based in the Cleveland Clinic’s Innovations Lab has created a line of plant-based aromatherapeutics formulated to specifically treat symptoms like pain, nausea, and anxiety, with the guidance of a medical advisory board. The changing demographic trends such as urbanization and consumer preference towards decorating homes with fragrant products, are responsible for driving the market demand. The regulatory support for the use of aromatherapy is contributing to market growth. There are many sustainable and eco-friendly options available as home fragrances such as natural essential oils, reed diffusers, and soy wax candles. The continuous cost reduction in the production and installation of aromatherapy solutions makes it affordable and accessible owing to the economies of scale, technological advancements, and increased competition among the key market players. Thus, environmental concerns and the availability of economically effective aromatherapy solutions by key market players are further driving the global aromatherapy market. 

 

Restraining Factors

The lack of information that supports the use of holistic therapy in the treatment of Parkinson’s disease, Alzheimer's disease, and heart disease limits the market growth for aromatherapy. Further, limited access to raw materials like essential oils and stringent regulations regarding the harvesting and cultivation process for the production of essential oils are restraining the global aromatherapy market.

 

Market Segmentation

The global aromatherapy market share is classified into product, mode of delivery, end-use, application, and sales channel.

 

• The consumable products segment accounted for the largest revenue share of the global retinoblastoma market in 2023.

Based on the product, the global aromatherapy market is categorized into consumables and equipment. Among these, the consumable products segment accounted for the largest revenue share of the global retinoblastoma market in 2023. There is an increasing popularity of consumable aromatherapy products such as essential oil blends, diffuser blends, and roll-ons. The ease of use and portability of these products in daily routine is responsible for driving the market growth for aromatherapy.

 

• The topical application segment is expected to hold the largest share of the global aromatherapy market during the forecast period.   

Based on the mode of delivery, the global aromatherapy market is categorized into aerial diffusion, topical application, and direct inhalation. Among these, the topical application segment is expected to hold the largest share of the global aromatherapy market during the forecast period. Some aromatherapy includes the use of essential oils to treat skin and hair issues such as acne and improve skin tone. Massage oils, baths and skin care products are absorbed through the skin which leads to boost circulation and increase absorption. 

 

• The spa & wellness segment held the largest revenue share of the global aromatherapy market in 2023.

Based on the end-use, the global aromatherapy market is categorized into home use, spa & wellness centers, hospitals & clinics, and yoga & meditation centers. Among these, the spa & wellness segment held the largest revenue share of the global aromatherapy market in 2023. Aromatherapy is extensively used in spas and wellness centers. Aromatherapy helps to reduce stress-related disorders and aids in emotional and physical well-being. The increasing need for health and well-being among the people driving the market demand in spa and wellness.  

 

• The relaxation segment dominated the market with the largest revenue share in 2023.

Based on the application, the global aromatherapy market is categorized into relaxation, skin & hair care, pain management, cold & cough, insomnia, and others. Among these, the relaxation segment dominated the market with the largest revenue share in 2023. Aromatherapy aids in balancing an overactive mental state and stress management, providing natural stress relief therapy. Lavender is often used for the relief of stress and anxiety. The increasing cases of stress-related issues lead to drive the market demand for aromatherapy.

 

• The offline segment held the largest revenue share of the global aromatherapy market in 2023.

Based on the sales channel, the global aromatherapy market is categorized into e-commerce and offline stores. Among these, the offline segment held the largest revenue share of the global aromatherapy market in 2023. Brick-and-mortar retail stores, holistic health centers, spas, and specialty shops are the different offline modes of sales channel of aromatherapy products. It provides personalized recommendations by knowledgeable staff about the aromatherapy according to consumer's needs and preferences.

 

Regional Segment Analysis of the Global Aromatherapy Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is anticipated to hold the largest share of the global aromatherapy market over the predicted timeframe.

 

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North America is projected to hold the largest share of the global aromatherapy market over the forecast period. The increasing trend of home aromatherapy in the region owing to the mounting consumer preference towards the use of natural products and the increasing occurrence of lifestyle-associated disorders are driving the market demand for aromatherapy. The rising cases of stress-related issues such as anxiety and depression are also contributing to propel the market. Around 50% of the total populace of the U.S. suffers from stress every day. Further, the increasing demand for spas and wellness centers enhances the usage of aroma oil diffusers such as candles and ceramic diffusers. High awareness about the benefits of alternative therapies also aids in the growth of the regional market.

 

Europe is expected to grow at the fastest CAGR growth of the global aromatherapy market during the forecast period. The high frequency of chronic pain and depression are driving the market in the region. Germany held the largest market share in the Europe region. The growing preference for natural cosmetics, and personal care items is projected to drive the market demand. The increased prevalence of chronic pain and depression in the region is significantly driving the market demand for aromatherapy. The escalating awareness and preference for therapeutic benefits associated with essential oils are positively influencing the market growth in the region.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global aromatherapy market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

• DoTERRA International LLC
• Young Living Essential Oils LLC
• Nu Skin Enterprises Inc.
• Edens Garden
• Nu Skin
• Air Aroma
• Muji
• Procter & Gamble
• Rocky Mountain Oils, LLC
• Plant Therapy
• Reckitt Benckiser Group PLC
• Ryohin Keikaku Co., Ltd.
• Young Living Essential Oils, LC.
• Mountain Rose Herbs
• Others

 

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

 

Recent Developments

• In January 2024, Febreze is claiming 2024 as the year of connection with the launch of its third annual Scent of the Year Romance & Desire.

 

• In June 2023, doTERRA officially inaugurated a rose distillery in Bulgaria. doTERRA will continue to grow to support the needs for Rose oil and rose hydrosol through the jobs supported through its Co-Impact Sourcing efforts and social impact projects in Bulgaria.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global aromatherapy market based on the below-mentioned segments: 

 

Global Aromatherapy Market, By Product

• Consumables
• Equipment

 

Global Aromatherapy Market, By Mode of Delivery

• Aerial Diffusion
• Topical Application
• Direct Inhalation

 

Global Aromatherapy Market, By End-Use

• Home Use
• Spa & Wellness Centers
• Hospitals & Clinics
• Yoga & Meditation Centers

 

Global Aromatherapy Market, By Application

• Relaxation
• Skin & Hair Care
• Pain Management
• Cold & Cough
• Insomnia
• Others

 

Global Aromatherapy Market, By Sales Channel

• E-Commerce
• Offline Stores

 

Global Aromatherapy Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa