The global aromatherapy diffusers market size is anticipated to reach USD 3,192.3 million by 2030, according to a new report by Grand View Research, Inc. It is expected to exhibit a CAGR of 8.5% in terms of revenue, over the forecast period. It is expected to exhibit a CAGR of 9.2% in terms of revenue, over the forecast period. 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 dÅTERRA 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.
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Ultrasonic diffusers emerged as the largest product segment in 2022 owing to the ability of the product, to retain the therapeutic properties of essential oils and create a pleasing ambience
Nebulizer is expected to be the fastest growing product segment over the forecast period, owing to technological advancements and enhanced diffusion offered by the product without losing the therapeutic value of essential oils
Rising preference for natural ingredients for the treatment of anxiety, stress, and depression has led to an increased consumption of essential oils in North America; driving the diffusers penetration across medical and healthcare sector
Europe is a major producer and consumers of essential oils, such as lavender, coriander, rosemary, and citrus oils owing to rising demand for natural and organic cosmetics, medicines, and nutraceuticals
A large and unregulated domestic market is present in Asia Pacific and the Middle East, which has been posing a threat to major multinational corporations, in terms of the low-cost technology offered, creating a price gap in the global market
Grand View Research has segmented the global aromatherapy diffusers market on the basis of product, distribution channel, application, and region:
Aromatherapy Diffusers Product Outlook (Volume, Thousand Units; Revenue, USD Million, 2018 - 2030)
Ultrasonic
Nebulizers
Evaporative
Heat
Aromatherapy Diffusers Distribution Channel Outlook (Volume, Thousand Units; Revenue, USD Million, 2018 - 2030)
Retailers
Hypermarkets/Supermarkets
E-commerce
Others
Aromatherapy Diffusers Application Outlook (Volume, Thousand Units; Revenue, USD Million, 2018 - 2030)
Residential
Commercial
Spa & Relaxation
Aromatherapy Diffusers Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Asia Pacific
China
India
Japan
Central & South America
Argentina
Brazil
Middle East & Africa
Saudi Arabia
UAE
List of Key Players of Aromatherapy Diffusers Market
Young Living Essential Oils
NOW Foods
d?TERRA International
SpaRoom
Muji; GreenAir, Inc.
Vitruvi
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