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The global aromatherapy market exhibited strong growth during 2015-2020. Aromatherapy is the practice of using essential oils for obtaining therapeutic benefits, such as improving sleep, relieving anxiety and depression, and reducing pain associated with osteoarthritis and kidney stones. It involves either inhaling or applying essential oils to the skin using lotions or bath salts. It also offers various physical and psychological benefits, depending on the oil combination and application method. At present, due to the increasing focus among individuals on maintaining mental health and wellness, aromatherapy is gaining traction worldwide for treating mild medical symptoms.
The rising utilization of alternative and complementary therapies with mainstream medicines represents one of the key factors positively influencing the demand for aromatherapy to treat digestive, nervous, and respiratory diseases. Aromatherapy also offers various medicinal properties, including analgesic, antimicrobial, antiseptic, anti-inflammatory, astringent, antispasmodic, expectorant, and diuretic. This, along with the increasing awareness about its benefits and the rising number of individuals suffering from skin disorders and acne problems, is contributing to market growth. Moreover, due to hectic lifestyles and rising stress and anxiety, individuals are adopting aromatherapy and other therapeutic techniques as a holistic treatment approach to improve their overall health and wellness. Apart from this, several manufacturers are introducing innovative diffusers to help gain maximum therapeutic benefits from essential oils. They are also investing in marketing these products on social media platforms and expanding their business through e-commerce channels, which is anticipated to impel the market in the coming years. Looking forward, IMARC Group expects the global aromatherapy market to grow at a CAGR of around 10% during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the global aromatherapy market report, along with forecasts for growth at the global, regional, and country-level from 2021-2026. Our report has categorized the market based on region, product, mode of delivery, application, end-use, and distribution channel.
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The competitive landscape of the industry has also been examined along with the profiles of the key players being Air Aroma, d?TERRA, Eden Gardens, Frontier Co-op., Hubmar International Inc, Isagenix Worldwide Inc., Mountain Rose Herbs, Nu Skin Enterprises Inc., Plant Therapy Essential Oils, Rocky Mountain Oils LLC, Stadler Form Aktiengesellschaft and Young Living Essential Oils.
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