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The aromatherapy market is expected to generate $4,248 million in revenue by 2030, according to P&S Intelligence

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NEW YORK, January 2, 2023 /PRNewswire/ — The aromatherapy market product $1,687 million in 2021, and it is expected to increase at a rate of 10.80% from 2021 to 2030, to collect $4,248 million turnover in 2030, according to P&S Intelligence.

  • Aromatherapy helps in the healing of various diseases, such as immune system problems, cardiovascular, respiratory, pain, skin and digestive problems, insomnia, anxiety and wound related problems.
  • Growing public awareness of the health benefits of etheroleum is increasing spa attendance for relaxation therapies. Hence, increasing consumer spending on health and wellness is a major driver fueling the demand for these products.
  • Also, the growing popularity of wellness tourism activities, with travelers enjoying these services at low cost in other countries, is driving the growth of the industry.

Get the sample pages from this report: https://www.psmarketresearch.com/market-analysis/aromatherapy-market/report-sample

Growing demand for anti-stress therapies

The growing need for calming and anti-stress therapies, driven by busy and stressful schedules, is propelling the industry. The increasing prevalence of skin conditions is also driving the consumption of these products, as aromatherapy reduces inflammation and improves the appearance of the skin.

The antibacterial, antifungal, and antiseptic properties of carrier oils and essential oils can also be used to treat various hair and skin conditions.

North America dominates the industry

The United States holds a 78% share of the North American industry, due to the growing awareness of the benefits of alternative therapies. In addition, industry revenue in the country is expected to increase due to favorable legislation and regulations for essential oil processing.

Rising popularity of natural and herbal remedies is boosting the industry

Currently, alternative therapies are widely used for healing purposes due to the growing popularity of natural and herbal remedies in place of synthetic drugs. Indeed, natural therapies are now known to better improve emotional and physical health, with minimal adverse effects. Hence, the size of the industry is expected to increase owing to the rising incidence of anxiety and skin problems.

Additionally, essential oils are non-toxic and safe for inhalation and topical use. The growing number of people using self-medication to deal with pain of various types and colds is thus propelling the industry.

Browse the detailed report on Aromatherapy Market Share, Growth, Trends and Demand Forecast to 2030

Increased use of essential oils

The consumables category holds a large share of 79% in the industry owing to the increasing use of carrier oils and aromatic essential oils for the treatment of various ailments. For example, essential oils are used to treat pain, relieve stress, and improve well-being.

Rising Use of Ultrasonic Diffusers to Fuel Equipment Demand

The equipment category should show substantial growth, driven by the ease of therapeutic application of aromatic substances offered by the different types of diffusers available on the market.

For example, ultrasonic diffusers use water to diffuse essential oils to the area through an air medium. In addition, an inhalable mist containing water and oil can infuse the whole room, and the oil can also be easily dispersed by these devices.

Global Aromatherapy Market Report Coverage

By product

  • Consumables
    • Essential oils
    • Carrier oils
  • Equipment
    • Ultrasonic diffuser
    • nebulizer diffuser
    • Evaporative diffuser
    • Heat diffuser

By delivery method

  • Topical application
  • Aerial broadcast
  • Direct inhalation

By request

  • Relaxation
  • Skin and hair care
  • pain management
  • cold and cough
  • Insomnia
  • Scar management

By distribution channel

Per end user

  • home use
  • Spa and wellness centers
  • Hospitals and Clinics
  • Yoga and meditation centers

Regional analysis

  • North America
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
  • Latin America
  • Middle East & Africa
    • South Africa
    • Saudi Arabia

Browse more reports published by P&S

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Global Gene Therapy Market Size, Share and Growth to 2030

Global Immunotherapy Drugs Market Size, Share and Growth to 2030

Global Radiation Therapy Market Size, Share and Growth to 2030

About P&S intelligence

P&S Intelligence provides market research and consulting services to a wide range of industries around the world. As an enterprising research and advisory firm, P&S believes in providing in-depth insights into the ever-changing market scenario, to enable businesses to make informed decisions and ground their business strategies wisely. . P&S has the interests of its customers at heart, which is why the information we provide is both honest and accurate. Our long list of satisfied customers includes entry-level businesses as well as multi-million dollar companies and government agencies.

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Prajneesh Kumar
P&S intelligence
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SOURCE P&S Intelligence

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