At 9.36% CAGR, Aromatherapy Market Size Worth $2.73 Billion | Global Industry Research on Growth, Trends, Opportunity and Top Companies Analysis in 2020-2025
Pune, Maharashtra, India, January 18 2021 (Wiredrelease) Brandessence Market Research and Consulting Pvt ltd –:Global Aromatherapy Market is valued at 1.80 USD Billion in 2018 and expected to reach USD 2.73 Billion by 2025 with the CAGR of 9.36% over the forecast period. Higher Demand for Aromatherapy Consumables anticipated to grow market.
Scope of Aromatherapy Market Report:
Aromatherapy is a complete therapeutic treatment that uses natural plant extracts to promote the health and well-being. Sometimes it is known as essential oil therapy. Aromatherapy uses aromatic essential oils pharmaceutically to improve the health of the body, mind, and spirit. It enhances both physical and emotional health. For example one of the most common essential oils and lavender oil can help to relieve headaches and promote good sleep. Recently, aromatherapy has gained more recognition in the fields of science and medicine. The health benefits of aromatherapy include its ability to relieve anxiety and depression, boost energy level, speed up complete process, strengthen the immune system, reduce Pain, improver digestion and increase circulation.
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Global aromatherapy market report is segmented on the basis of type, application, end user and regional& country level. Based upon type aromatherapy market is classified as consumables and equipment. Based upon application, market is classified into relaxation, skin & hair care, pain management, cold & cough, insomnia, scar management, others.
The regions covered in this Global Aromatherapy Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of aqua feed is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global Aromatherapy Market Reports–
Global Aromatherapy market Report covers prominent players are like doTERRA International, Young Living Essential Oils, Mountain Rose Herbs, Edens Garden, Frontier Natural Products Co-op, Rocky Mountain Oils, Plant Therapy Essential Oils.
Higher Demand for Aromatherapy Consumables The growth of aromatherapy market is witnessing a huge demand due to its widespread usage in homes. The main areas of application of aromatherapy at home include relaxation and sleep, mood enhancement, cold and flu relief, and pain relief. The rising demand for unconventional and natural treatment procedures has subjected to the growth of Essential oil & Aromatherapy all around the globe. A few of the most commonly used essential oils are tea tree oil, rosemary oil, and lavender oil.
The market value of essential oils worldwide is anticipated to grow from around USD 17 billion in 2017 to about USD 27 billion by 2022. The stringent regulatory environment and side effect associated with aromatherapy hampering the growth of market. Innovative Opportunities for pure Essential Oil Aromatherapy Combination may be the perfect solution to help gain the necessary strength and courage to increase into a new phase of life while setting the stage for all types of new opportunities.
Report evaluates the growth rate and the Market value based on Market dynamics, growth inducing factors. The complete knowledge is based on latest industry news, opportunities and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.
This report split global into several key Regions, revenue (Million USD) The geography (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) focusing on key countries in each region. It also covers market drivers, restraints, opportunities, challenges, and key issues in Global Aromatherapy Market.
Key Benefits for Aromatherapy Market Reports
Global market report covers in-depth historical and forecast analysis. Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level. Global market report helps to identify opportunities in market place. Global market report covers extensive analysis of emerging trends and competitive landscape.
Global Aromatherapy market Segmentation –
By Product Type:-
Consumables Equipment
By Application:-
Relaxation Skin & Hair Care Pain Management Cold & Cough Insomnia Scar Management Others
By Region
North America
o U.S.
o Canada
o Mexico
Europe
o UK
o France
o Germany
o Russia
o Rest of Europe
Asia-Pacific
o China
o South Korea
o India
o Japan
o Rest of Asia-Pacific
LAMEA
o Latin America
o Middle East
o Africa
North America is dominating the Aromatherapy Market North America is accounted for major share in aromatherapy over the forecast period. The regions of North America and Western Europe are projected to continue their dominance in the aromatherapy market. Collective revenues from aromatherapy product sales in these two regions will exceed USD 4billion. Most U.S. based essential oil companies will continue to diversify into international markets as awareness grows and consumers turn towards natural products. Asia pacific excluding Japan will record fastest growth in the aromatherapy market. In the next few years, aromatherapy is likely to be increasingly adopted in restaurants, hospitals, saloons, spas and hotels.
Aromatherapy Market Key Players:
doTERRA International Young Living Essential Oils Mountain Rose Herbs Edens Garden Frontier Natural Products Co-op Rocky Mountain Oils Plant Therapy Essential Oils. Other
This comprehensive report will provide:
Enhance your strategic decision making Assist with your research, presentations and business plans Show which emerging market opportunities to focus on Increase your industry knowledge Keep you up-to-date with crucial market developments Allow you to develop informed growth strategies Build your technical insight Illustrate trends to exploit Strengthen your analysis of competitors Provide risk analysis, helping you avoid the pitfalls other companies could make Ultimately, help you to maximize profitability for your company.
Our Market Research Solution Provides You Answer to Below Mentioned Question:
Which are the driving factors responsible for the growth of market? Which are the roadblock factors of this market? What are the new opportunities, by which market will grow in coming years? What are the trends of this market? Which are main factors responsible for new product launch? How big is the global & regional market in terms of revenue, sales and production? How far will the market grow in forecast period in terms of revenue, sales and production? Which region is dominating the global market and what are the market shares of each region in the overall market in 2017? How will each segment grow over the forecast period and how much revenue will these segment account for in 2025? Which region has more opportunities?
Table of Content
1. Chapter – Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2. Chapter – Global Aromatherapy Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Aromatherapy Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Aromatherapy Market: Trends
2.8. Porter’s Five Forces Analysis
2.8.1. Bargaining Power of Suppliers
2.8.2. Bargaining Power of Consumers
2.8.3. Threat of New Entrants
2.8.4. Threat of Substitute Product and Services
2.8.5. Competitive Rivalry within the Industry
2.9. Market Attractiveness Analysis
2.9.1. Market Attractiveness Analysis by Segmentation
2.9.2. Market Attractiveness Analysis by Region
3. Chapter – Global Aromatherapy Market Overview: Quantitative Analysis
3.1. Global Aromatherapy Market Revenue (USD Million), Market Share (%) and Growth Rate (%), 2014- 2025
3.2. Global Aromatherapy Market Revenue Market Share (%), 2014- 2025
3.3. Global Aromatherapy Market Sales (Number of Units), Market Share (%) and Growth Rate (%), 2014- 2025
3.4. Global Aromatherapy Market Sales Market Share (%), 2014- 2025
4. Chapter – Global Aromatherapy Market Analysis: By ProductType
5. Chapter – Global Aromatherapy Market Analysis: By Application
Continued….
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