Global Aromatherapy Products Market Size Study, by Product, by Application, by Form, by Distribution Channel, and Regional Forecasts 2022-2032

Description

The Global Aromatherapy Products Market size was valued at USD 2.74 billion in 2023 and is projected to grow at a CAGR of 9.10% from 2024 to 2032. Essential oils and other aromatic plant chemicals are utilized in a variety of conventional, unconventional, and complementary therapies collectively referred to as aromatherapy. According to the National Association for Holistic Aromatherapy (NAHA), aromatherapy is defined as the therapeutic application or the medicinal use of aromatic substances (essential oils) for holistic healing. With the rise of busy lifestyles and hectic schedules, individuals seek stress-relieving and relaxing therapies. Oils such as lavender, mandarin, and rose have a calming and stimulating effect on the body and mind, driving the demand for these products in spa and aromatherapy sessions.

The market is projected to grow due to the increasing prevalence of skin problems. Aromatherapy is often used by individuals with skin rashes as it nourishes the skin and reduces inflammation. Consumers are increasingly opting for natural products over synthetic items due to the potential negative impacts of the latter. Essential and carrier oils possess antifungal, antibacterial, and antiseptic properties, making them effective in treating various skin and hair disorders. Rising consumer awareness regarding the health benefits of essential oils, such as cedarwood oil, is propelling their adoption in spa and relaxation therapy. Increased consumer expenditure on health and wellness is a major factor expected to boost the demand for essential oils in the aromatherapy industry. Furthermore, the spa and relaxation industry is experiencing rapid growth, driven by the demand for wellness tourism where tourists receive spa and relaxation services at their destinations. These factors are likely to bolster market growth. However, essential oil products are expensive due to their natural composition and the extensive extraction process, which requires large quantities of raw materials. The limited availability of raw materials and high costs associated with essential oils may constrain market growth during the forecast period.

The key regions considered in Global Aromatherapy Products Market includes North America, Europe, Asia Pacific, Latin America and Middle East and Africa. In the Global Aromatherapy Products Market, North America is the leading region, driven by high consumer awareness, a well-established wellness industry, and significant disposable income. The region's dominance is supported by the widespread use of aromatherapy in holistic health practices and the growing trend of self-care and wellness. The presence of major market players and the popularity of alternative therapies further bolster North America's market position. On the other hand, the Asia-Pacific region is the fastest-growing market for aromatherapy products. This rapid growth is fueled by increasing urbanization, rising disposable incomes, and a growing awareness of the benefits of aromatherapy for mental and physical well-being. The region is also witnessing a surge in demand for natural and organic products, which aligns with the rising popularity of aromatherapy. Additionally, the expanding middle class and the adoption of Western wellness practices are contributing to the accelerated growth in Asia-Pacific. Countries such as China, India, and Japan are at the forefront of this expansion, with a burgeoning market for essential oils, diffusers, and related products.

Major market players included in this report are:

doTERRA
Edens Garden
Young Living Essential Oils, LC
Rocky Mountain Oils
Plant Therapy Essential Oils
FLORIHANA
Biolandes
Falcon Essential Oils
Stadler Form
Hubmar International
SpaRoom
Mountain Rose Herbs
Air Aroma
Nu Skin
H.Reynaude & Fils

The detailed segments and sub-segment of the market are explained below:

By Product

Essential Oils
Blend Oils

By Application

Relaxation and Sleep
Pain Management
Skin and Hair Care
Others

By Form

Holistic
Medical
Others

By Distribution Channel

Direct Distribution
MLM Distribution
Supermarket and Hypermarket
Pharmaceutical and Specialty Store
E-commerce
Others

By Region:

North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
Saudi Arabia
South Africa
Rest of Middle East and Africa

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Aromatherapy Products Market Executive Summary

1.1. Global Aromatherapy Products Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By Application
- 1.3.3. By Form
- 1.3.4. By Distribution Channel
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Aromatherapy Products Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Aromatherapy Products Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Prevalence of Skin Problems
- 3.1.2. Rise in Consumer Expenditure on Health and Wellness
3.2. Market Challenges
- 3.2.1. High Costs of Essential Oils
- 3.2.2. Limited Availability of Raw Materials
3.3. Market Opportunities
- 3.3.1. Integration with Smart Building Technologies
- 3.3.2. Growth in Wellness Tourism

Chapter 4. Global Aromatherapy Products Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Aromatherapy Products Market Size & Forecasts by Product 2022-2032

5.1. Segment Dashboard
5.2. Global Aromatherapy Products Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Essential Oils
- 5.2.2. Blend Oils

Chapter 6. Global Aromatherapy Products Market Size & Forecasts by Application 2022-2032

6.1. Segment Dashboard
6.2. Global Aromatherapy Products Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Relaxation and Sleep
- 6.2.2. Pain Management
- 6.2.3. Skin and Hair Care
- 6.2.4. Others

Chapter 7. Global Aromatherapy Products Market Size & Forecasts by Form 2022-2032

7.1. Segment Dashboard
7.2. Global Aromatherapy Products Market: Form Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Holistic
- 7.2.2. Medical
- 7.2.3. Others

Chapter 8. Global Aromatherapy Products Market Size & Forecasts by Distribution Channel 2022-2032

8.1. Segment Dashboard
8.2. Global Aromatherapy Products Market: Distribution Channel Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. Direct Distribution
- 8.2.2. MLM Distribution
- 8.2.3. Supermarket and Hypermarket
- 8.2.4. Pharmaceutical and Specialty Store
- 8.2.5. E-commerce
- 8.2.6. Others

Chapter 9. Global Aromatherapy Products Market Size & Forecasts by Region 2022-2032

9.1. North America Aromatherapy Products Market
- 9.1.1. U.S. Aromatherapy Products Market
- 9.1.2. Canada Aromatherapy Products Market
9.2. Europe Aromatherapy Products Market
- 9.2.1. U.K. Aromatherapy Products Market
- 9.2.2. Germany Aromatherapy Products Market
- 9.2.3. France Aromatherapy Products Market
- 9.2.4. Italy Aromatherapy Products Market
- 9.2.5. Spain Aromatherapy Products Market
- 9.2.6. Rest of Europe Aromatherapy Products Market
9.3. Asia-Pacific Aromatherapy Products Market
- 9.3.1. China Aromatherapy Products Market
- 9.3.2. Japan Aromatherapy Products Market
- 9.3.3. India Aromatherapy Products Market
- 9.3.4. South Korea Aromatherapy Products Market
- 9.3.5. Australia Aromatherapy Products Market
- 9.3.6. Rest of Asia-Pacific Aromatherapy Products Market
9.4. LAMEA Aromatherapy Products Market
- 9.4.1. Brazil Aromatherapy Products Market
- 9.4.2. Mexico Aromatherapy Products Market
- 9.4.3 Rest of Latin America Aromatherapy Products Market
- 9.4.2. Middle East and Africa Aromatherapy Products Market
- 9.4.3. Saudi Arabia Aromatherapy Products Market
- 9.4.4. South Africa Aromatherapy Products Market
- 9.4.5. Rest of Middle East and Africa Aromatherapy Products Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. doTERRA
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Market Strategies
- 10.3.2. Edens Garden
- 10.3.3. Young Living Essential Oils, LC
- 10.3.4. Rocky Mountain Oils
- 10.3.5. Plant Therapy Essential Oils
- 10.3.6. FLORIHANA
- 10.3.7. Biolandes
- 10.3.8. Falcon Essential Oils
- 10.3.9. Stadler Form
- 10.3.10. Hubmar International
- 10.3.11. SpaRoom
- 10.3.12. Mountain Rose Herbs
- 10.3.13. Air Aroma
- 10.3.14. Nu Skin
- 10.3.15. H.Reynaude & Fils

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes