Global Aromatherapy Market Size study, by Product, by Mode of Delivery, by End-use, by Sales Channel, by Application and Regional Forecasts 2023-2032

Description

The global aromatherapy market, valued at USD 8.6 billion in 2023, is expected to grow at a CAGR of 8.7% from 2024 to 2032, reaching approximately USD 19.6 billion by 2032. Aromatherapy, a holistic healing practice, employs natural aromatic compounds, primarily essential oils extracted from plants, to enhance physical, emotional, and psychological well-being. Through inhalation or topical application, aromatherapy leverages these oils' therapeutic properties to alleviate stress, promote relaxation, improve mood, and address various health concerns.

The market is witnessing significant growth driven by the increasing recognition of essential oils' therapeutic applications and a growing preference for natural products. Aromatherapy, as an alternative medicinal approach, addresses a wide array of health issues, including pain, cardiovascular disorders, respiratory problems, skin ailments, colds, digestive issues, immune system imbalances, insomnia, anxiety, and wound healing. The demand is particularly high among women concerned about acne scars and individuals dealing with acne-related issues, boosting market growth over the forecast period. The expanding product lines of essential oil manufacturers in aromatherapy, introducing innovative blends, diffuser technology, and complementary accessories, further propel market growth. Companies are focusing on unique scents and therapeutic properties to cater to specific wellness needs, meeting the growing consumer demand for holistic well-being and personalized aromatherapy experiences. For instance, MONQ LLC launched a new line of personal aromatherapy blends inspired by Shinrin-yoku, the Japanese practice of forest therapy, with terpene-rich blends formulated with organic plants from specific geographic locations.

The rising prevalence of respiratory conditions, such as osteoarthritis, significantly contributes to the growing demand for aromatherapy treatments. According to the World Health Organization, about 528 million people worldwide were living with osteoarthritis in 2020, an increase of 113% since 1990. Aromatherapy offers natural and non-invasive relief from arthritis symptoms like pain and inflammation, with essential oils like lavender and eucalyptus providing anti-inflammatory and analgesic benefits. Additionally, aromatherapy promotes relaxation, reduces stress, and enhances overall well-being, aligning with the desire for alternative therapies for arthritis management. The rise of e-commerce platforms presents significant opportunities for the aromatherapy market. Online retail enables businesses to access a global customer base, particularly valuable for companies without a physical presence in multiple locations. For example, Indesso launched the iSensoAroma E-Commerce Platform, allowing smaller businesses to access high-quality essential oils with a user-friendly interface facilitating browsing, selection, and purchasing.

North America dominated the market in 2023, accounting for a 41.1% share, driven by increasing awareness of essential oils' therapeutic benefits and a growing emphasis on holistic well-being. The region's high awareness of alternative therapies, coupled with significant trading of essential oils through the North American Free Trade Area (NAFTA), contributes to market growth. Whereas, the market in Asia Pacific is anticipated to grow at the fastest rate over the forecast period 2024-2032

Major market player included in this report are:

Air Aroma (Australia)
doTERRA (U.S.)
Edens Garden (India)
Frontier Co-op (U.S.)
Hubmar (U.S.)
Isagenix Worldwide, Inc. (U.S.)
Mountain Rose Herbs (U.S.)
NuSkin (U.S.)
FLORIHANA (France)
PLANT THERAPY (U.S.)
Rocky Mountain Oils LLC (U.S.)
Stadler Form (Switzerland)
Young Living Essential Oils (U.S.)
NOW Foods (U.S.)
Puzhen (Hong Kong)

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

By Product:

Consumables
Equipment

By Mode of Delivery:

Topical Application
Aerial Diffusion
Direct Inhalation

By End-use:

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

By Sales Channel:

E-commerce
Offline Stores

By Application:

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

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

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 Market Executive Summary

1.1. Global Aromatherapy Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By Mode of Delivery
- 1.3.3. By End-use
- 1.3.4. By Sales Channel
- 1.3.5. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Aromatherapy 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 Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Recognition of Essential Oils' Therapeutic Applications
- 3.1.2. Rising Inclination Toward Natural Products
- 3.1.3. Technological Advancements in Diffuser Technology
3.2. Market Challenges
- 3.2.1. Complexity in Supply Chain
- 3.2.2. High Competition from Generic Products
3.3. Market Opportunities
- 3.3.1. Expansion of E-commerce Platforms
- 3.3.2. Increasing Prevalence of Respiratory Conditions

Chapter 4. Global Aromatherapy 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 Market Size & Forecasts by Product (2022-2032)

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

Chapter 6. Global Aromatherapy Market Size & Forecasts by Mode of Delivery (2022-2032)

6.1. Segment Dashboard
6.2. Global Aromatherapy Market: Mode of Delivery Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Topical Application
- 6.2.2. Aerial Diffusion
- 6.2.3. Direct Inhalation

Chapter 7. Global Aromatherapy Market Size & Forecasts by End-use (2022-2032)

7.1. Segment Dashboard
7.2. Global Aromatherapy Market: End-use Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Home Use
- 7.2.2. Spa & Wellness Centers
- 7.2.3. Hospitals & Clinics
- 7.2.4. Yoga & Meditation Centers

Chapter 8. Global Aromatherapy Market Size & Forecasts by Sales Channel (2022-2032)

8.1. Segment Dashboard
8.2. Global Aromatherapy Market: Sales Channel Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. E-commerce
- 8.2.2. Offline Stores

Chapter 9. Global Aromatherapy Market Size & Forecasts by Application (2022-2032)

9.1. Segment Dashboard
9.2. Global Aromatherapy Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 9.2.1. Relaxation
- 9.2.2. Skin & Hair Care
- 9.2.3. Pain Management
- 9.2.4. Cold & Cough
- 9.2.5. Insomnia
- 9.2.6. Scar Management
- 9.2.7. Others

Chapter 10. Global Aromatherapy Market Size & Forecasts by Region (2022-2032)

10.1. North America Aromatherapy Market
- 10.1.1. U.S. Aromatherapy Market
  - 10.1.1.1. Product breakdown size & forecasts, 2022-2032
  - 10.1.1.2. Mode of Delivery breakdown size & forecasts, 2022-2032
  - 10.1.1.3. End-use breakdown size & forecasts, 2022-2032
  - 10.1.1.4. Sales Channel breakdown size & forecasts, 2022-2032
  - 10.1.1.5. Application breakdown size & forecasts, 2022-2032
- 10.1.2. Canada Aromatherapy Market
  - 10.1.2.1. Product breakdown size & forecasts, 2022-2032
  - 10.1.2.2. Mode of Delivery breakdown size & forecasts, 2022-2032
  - 10.1.2.3. End-use breakdown size & forecasts, 2022-2032
  - 10.1.2.4. Sales Channel breakdown size & forecasts, 2022-2032
  - 10.1.2.5. Application breakdown size & forecasts, 2022-2032
10.2. Europe Aromatherapy Market
- 10.2.1. U.K. Aromatherapy Market
- 10.2.2. Germany Aromatherapy Market
- 10.2.3. France Aromatherapy Market
- 10.2.4. Spain Aromatherapy Market
- 10.2.5. Italy Aromatherapy Market
- 10.2.6. Rest of Europe Aromatherapy Market
10.3. Asia-Pacific Aromatherapy Market
- 10.3.1. China Aromatherapy Market
- 10.3.2. India Aromatherapy Market
- 10.3.3. Japan Aromatherapy Market
- 10.3.4. Australia Aromatherapy Market
- 10.3.5. South Korea Aromatherapy Market
- 10.3.6. Rest of Asia Pacific Aromatherapy Market
10.4. Latin America Aromatherapy Market
- 10.4.1. Brazil Aromatherapy Market
- 10.4.2. Mexico Aromatherapy Market
- 10.4.3. Rest of Latin America Aromatherapy Market
10.5. Middle East & Africa Aromatherapy Market
- 10.5.1. Saudi Arabia Aromatherapy Market
- 10.5.2. South Africa Aromatherapy Market
- 10.5.3. Rest of Middle East & Africa Aromatherapy Market

Chapter 11. Competitive Intelligence

11.1. Key Company SWOT Analysis
11.2. Top Market Strategies
11.3. Company Profiles
- 11.3.1. Air Aroma (Australia)
- 11.3.2. doTERRA (U.S.)
- 11.3.3. Edens Garden (India)
- 11.3.4. Frontier Co-op (U.S.)
- 11.3.5. Hubmar (U.S.)
- 11.3.6. Isagenix Worldwide, Inc. (U.S.)
- 11.3.7. Mountain Rose Herbs (U.S.)
- 11.3.8. NuSkin (U.S.)
- 11.3.9. FLORIHANA (France)
- 11.3.10. PLANT THERAPY (U.S.)
- 11.3.11. Rocky Mountain Oils LLC (U.S.)
- 11.3.12. Stadler Form (Switzerland)
- 11.3.13. Young Living Essential Oils (U.S.)
- 11.3.14. NOW Foods (U.S.)
- 11.3.15. Puzhen (Hong Kong)

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes