Aromatherapy Market To Witness 9.4% Cagr During 2018–2025

By Author: Pramod Kumar
Total Articles: 97
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The market is growing due to the rising prevalence of lifestyle related diseases, increasing utilization of aromatherapy at-home, growing awareness regarding therapeutic usage of essential oils, and surging consumer preference for natural products.

When product is considered, the aromatherapy market is categorized into consumables and equipment. Between these two, the consumables category is projected to register the faster growth during the forecast period, owing to the growing adoption of various consumables, since they facilitate natural healing. The category is further divided into carrier oils and essential oils (including blends and singles). In terms of mode of delivery, the market is classified into direct inhalation, aerial diffusion, and topical application.

Among all these, the topical application classification dominated the market in 2017, due to the rising application of aromatherapy oils for several skin-related problems. These oils can be dilutes in carrier oil or cream for application on the afflicted areas of the body. On the basis of application, the market is categorized into scar management, ...
... relaxation, insomnia, cold and cough, pain management, and skin & hair care. Out of these, the relaxation category accounted to the largest share of the market in the past, owing to the rising prevalence of anxiety and stress among people.

Geographically, the aromatherapy market is being dominated by North America, because of the rising consumption of essential oils for therapeutic purposes. The Asia-Pacific region is predicted to register the fastest growth during the forecast period due to the surging awareness regarding health benefits of aromatherapy, rising trade of essential oils in and outside, and increased production of essential oils in various countries in the region. The expansion of the medical tourism industry in the region is also expected to drive the regional market during the forecast period.

The rising disposable income of people is a key factor resulting in the growth of the aromatherapy market across the globe. Due to this, people are able to spend on the adoption of essential oils, which cater to the wellness and health requirements of people. As per the Holistic Aromatherapy Association, eucalyptus, clary sage, and ginger essential oils are utilized as decongestants, pain relievers, and aid in digestion, respectively. This has encourages people to try out aromatherapy services in spas and salons for the treatment of several health conditions, including pain, stress, inflammation, insomnia, and anxiety.

Other than this, the awareness regarding the benefits of essential oils is also expected to result in the growth of the aromatherapy market during the forecast period. Essential oils are non-toxic in nature and are safe for both topical use and inhalation, as they are extracted from natural sources and are also processed naturally. People are further becoming aware regarding the therapeutic use of these oils, owing to which are adopting them increasingly. The negative effective of pharmaceutical products is also compelling people to look for natural products, thereby resulting in the growth of the industry.

Report Description:
https://www.psmarketresearch.com/market-analysis/aromatherapy-market

Pramod has around 7 years of experience in market research and consulting services for healthcare industry. He holds varied experience in market sizing and forecasting with varied models, competition landscape, consumer behavior analysis, opportunity analysis, product/company benchmarking, data mining and others. He has successfully delivered multiple projects on go-to-market strategies, pricing strategy, price point analysis, Business Expansion, market entry and exit, share analysis and others. Prior to joining P&S Intelligence, he worked with different research companies, including Transparency Market Research and MarketsandMarkets Pvt Ltd. Some of the projects delivered by him include Scar Treatment Market, Skin Replacement and Substitutes Market, and Energy-Based Aesthetic Devices Market.