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.
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.
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.
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.
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.
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