Aromatherapy market size to grow by USD 2,341.54 million between 2022 and 2027; North America to account for 30% of the market growth - Technavio

NEW YORK, April 18, 2023 /PRNewswire/ -- The size of the aromatherapy market is expected to grow by USD 2,341.54 million between 2021 and 2026, progressing at a CAGR of 10.24% as per the latest Technavio market research report. North America is going to have lucrative growth during the forecast period. The region will account for 30% of the market growth. The demand for aromatherapy products for use in personal care, home applications, and relaxation therapies is high in the US. There is also a rising need for aromatherapy products in the workplace, as wellness is being emphasized more to boost employee motivation and satisfaction. As a result, the use of diffusers used in offices for enhancing mood, hygiene, and fresh aromas has increased. The market in the region will, therefore, grow during the forecast period. For more insights on the market share of various regions - Download a sample report

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Aromatherapy Market: The increasing use of aromatherapy at home will drive growth

Aromatherapy is primarily used at home for relaxation, sleep, mood enhancement, cold and flu relief, and pain management. The demand is also rising as a result of the ease with which consumables and diffusers can be purchased offline or online. Lavender helps people relax and sleep better, relieves pain, and speeds healing. Eucalyptus purifies and freshens the air and disinfects surfaces, while lemon improves mood. As more people realize the benefits of using aromatherapy at home to solve common problems and problems, the demand for these products is increasing. These factors will drive the market during the forecast period.

Aromatherapy Market: The increasing demand for aromatherapy products 

The development of essential oils has been positively influenced by the growing acceptance of aromatherapy and other natural remedies, including massage for pain relief. Essential oils are used in more and more products from cosmetic brands. Such product innovation is driven by consumers who are willing to pay more for cosmetics containing aromatherapy ingredients. The demand for aromatherapy products may also be driven by the increasing prevalence of skin diseases. Aromatherapy is often used by people with rashes because it nourishes the skin and reduces inflammation. Such factors will increase the demand for aromatherapy during the forecast period.

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Some of the key market players:

The global aromatherapy market is highly fragmented, with several companies competing to gain prominence. Vendors are making efforts to reach out to consumers and making them comfortable with the idea of paying for these services and products is the major focus of the market participants. To grow and attain success in the market, it is crucial for vendors to understand the requirements of the target audience in terms of the price, product range, and nature of the services offered. Hence, such factors will increase the market growth during the forecast period. Some of the key vendors covered in the report include:

• Air Aroma International - The company focuses on designing custom fragrances for luxury brands around the world. The key offerings of the company include aromatherapy products, namely Imaya essential oil.
• Biolandes SAS: The company offers aromatherapy products such as ravintsara essential oil, ajowan essential oil.
• doTERRA International LLC: The company offers aromatherapy products such as arborvitae, basil, bergamot essential oils.
• Edens Garden Inc.: The company offers aromatherapy products such as Aches and Pains Essential Oil Blend.
• Falcon
• Frontier Co op
• G. Baldwin and Co.
• Hubmar International
• Isagenix Worldwide Inc.
• JE INTERNATIONAL SARL
• Mountain Rose Herbs
• North American Herb and Spice
• NOW Health Group Inc.
• Nu Skin Enterprises Inc.
• Plant Therapy Inc.
• Rocky Mountain Oils LLC

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Aromatherapy Market: Segmentation Analysis

This market research report segments the aromatherapy market by product (consumables and equipment), usage (topical application, aerial diffusion, and direct inhalation), and geography (North America, Europe, APAC, South America, and Middle East and Africa).

The market growth in the consumables segment will be significant during the forecast period. The segment consists of blends, carrier oils, and essential oils. Even though essential oils still dominate this product category, manufacturers are expanding their line of blends of essential oils in response to the growing consumer demand for fresh scents. The strong preference for organic beauty and personal care products over chemical ones to enhance skin and hair care is expected to drive growth in the global market for consumables for home and spa use. Such factors will increase segment growth during the forecast period.

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Some of the key topics covered in the report include:

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

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Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Usage
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global aromatherapy market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global aromatherapy market 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.3 Usage Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Usage Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments 
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Consumables - Market size and forecast 2022-2027
• Exhibit 34: Chart on Consumables - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Consumables - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Consumables - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Consumables - Year-over-year growth 2022-2027 (%)

• 6.4 Equipment - Market size and forecast 2022-2027
• Exhibit 38: Chart on Equipment - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Equipment - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Equipment - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Equipment - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Product 
• Exhibit 42: Market opportunity by Product ($ million)
• Exhibit 43: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Usage

• 7.1 Market segments 
• Exhibit 44: Chart on Usage - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Usage - Market share 2022-2027 (%)

• 7.2 Comparison by Usage 
• Exhibit 46: Chart on Comparison by Usage
• Exhibit 47: Data Table on Comparison by Usage

• 7.3 Topical application - Market size and forecast 2022-2027 
• Exhibit 48: Chart on Topical application - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on Topical application - Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on Topical application - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Topical application - Year-over-year growth 2022-2027 (%)

• 7.4 Aerial diffusion - Market size and forecast 2022-2027
• Exhibit 52: Chart on Aerial diffusion - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Aerial diffusion - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Aerial diffusion - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Aerial diffusion - Year-over-year growth 2022-2027 (%)

• 7.5 Direct inhalation - Market size and forecast 2022-2027 
• Exhibit 56: Chart on Direct inhalation - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Direct inhalation - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Direct inhalation - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Direct inhalation - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Usage 
• Exhibit 60: Market opportunity by Usage ($ million)
• Exhibit 61: Data Table on Market opportunity by Usage ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 63: Chart on Market share by geography 2022-2027 (%)
• Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 65: Chart on Geographic comparison
• Exhibit 66: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 UK - Market size and forecast 2022-2027
• Exhibit 91: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.10 China - Market size and forecast 2022-2027
• Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027
• Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 Germany - Market size and forecast 2022-2027
• Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 107: Market opportunity by geography ($ million)
• Exhibit 108: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 109: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 111: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 112: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 113: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 114: Matrix on vendor position and classification

• 12.3 Air Aroma Internatinal 
• Exhibit 115: Air Aroma Internatinal - Overview
• Exhibit 116: Air Aroma Internatinal - Product / Service
• Exhibit 117: Air Aroma Internatinal - Key offerings

• 12.4 Biolandes SAS 
• Exhibit 118: Biolandes SAS - Overview
• Exhibit 119: Biolandes SAS - Product / Service
• Exhibit 120: Biolandes SAS - Key offerings

• 12.5 doTERRA International LLC 
• Exhibit 121: doTERRA International LLC - Overview
• Exhibit 122: doTERRA International LLC - Product / Service
• Exhibit 123: doTERRA International LLC - Key offerings

• 12.6 Edens Garden Inc. 
• Exhibit 124: Edens Garden Inc. - Overview
• Exhibit 125: Edens Garden Inc. - Product / Service
• Exhibit 126: Edens Garden Inc. - Key offerings

• 12.7 Falcon 
• Exhibit 127: Falcon - Overview
• Exhibit 128: Falcon - Product / Service
• Exhibit 129: Falcon - Key offerings

• 12.8 Hubmar International 
• Exhibit 130: Hubmar International - Overview
• Exhibit 131: Hubmar International - Product / Service
• Exhibit 132: Hubmar International - Key offerings

• 12.9 Isagenix Worldwide Inc. 
• Exhibit 133: Isagenix Worldwide Inc. - Overview
• Exhibit 134: Isagenix Worldwide Inc. - Product / Service
• Exhibit 135: Isagenix Worldwide Inc. - Key offerings

• 12.10 JE INTERNATIONAL SARL 
• Exhibit 136: JE INTERNATIONAL SARL - Overview
• Exhibit 137: JE INTERNATIONAL SARL - Product / Service
• Exhibit 138: JE INTERNATIONAL SARL - Key offerings

• 12.11 Mountain Rose Herbs 
• Exhibit 139: Mountain Rose Herbs - Overview
• Exhibit 140: Mountain Rose Herbs - Product / Service
• Exhibit 141: Mountain Rose Herbs - Key offerings

• 12.12 North American Herb and Spice 
• Exhibit 142: North American Herb and Spice - Overview
• Exhibit 143: North American Herb and Spice - Product / Service
• Exhibit 144: North American Herb and Spice - Key offerings

• 12.13 NOW Health Group Inc. 
• Exhibit 145: NOW Health Group Inc. - Overview
• Exhibit 146: NOW Health Group Inc. - Product / Service
• Exhibit 147: NOW Health Group Inc. - Key offerings

• 12.14 Plant Therapy Inc. 
• Exhibit 148: Plant Therapy Inc. - Overview
• Exhibit 149: Plant Therapy Inc. - Product / Service
• Exhibit 150: Plant Therapy Inc. - Key offerings

• 12.15 Rocky Mountain Oils LLC 
• Exhibit 151: Rocky Mountain Oils LLC - Overview
• Exhibit 152: Rocky Mountain Oils LLC - Product / Service
• Exhibit 153: Rocky Mountain Oils LLC - Key offerings

• 12.16 Starwest Botanicals.com Inc. 
• Exhibit 154: Starwest Botanicals.com Inc. - Overview
• Exhibit 155: Starwest Botanicals.com Inc. - Product / Service
• Exhibit 156: Starwest Botanicals.com Inc. - Key offerings

• 12.17 Young Living Essential Oils LC 
• Exhibit 157: Young Living Essential Oils LC - Overview
• Exhibit 158: Young Living Essential Oils LC - Product / Service
• Exhibit 159: Young Living Essential Oils LC - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist
• Exhibit 160: Inclusions checklist
• Exhibit 161: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 162: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 163: Research methodology
• Exhibit 164: Validation techniques employed for market sizing
• Exhibit 165: Information sources

• 13.5 List of abbreviations 
• Exhibit 166: List of abbreviations

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