PUBLISHER: Grand View Research | PRODUCT CODE: 1474878
PUBLISHER: Grand View Research | PRODUCT CODE: 1474878
The global aromatherapy diffusers market size is expected to reach USD 3,192.3 million by 2030, registering a CAGR of 8.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. The numerous health benefits associated with essential oils are projected to fuel the growth. Rising demand for aromatherapy diffusers at homes, commercial spaces, and hotels is expected to further fuel the product demand.
Increasing awareness regarding the key benefits of aromatherapy including reduction in stress relief, depression, and anxiety, particularly in the emerging markets is anticipated to boost the product demand. In addition, positive outlook of the global essential oils market coupled with versatile properties to heal different types of diseases has led to the increased consumption of aromatherapy diffusers. Increasing consumer spending on spa vacations and treatments is expected to boost the demand for aromatherapy diffusers. Several other end-users areas include households, workspaces, and vehicles that utilize diffusers that release fragrant oils to create soothing olfactory ambiance.
Key players operating in the market include Young Living Essential Oils, NOW Foods, and doTERRA International. These companies have evolved to become the major players in essential oils production. Moreover, with an aim to serve a larger customer base, they are trying to expand their product portfolio by focusing on developing newer accessories suiting the consumer needs.