The global aromatherapy market size is anticipated to reach USD 4.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 12.4% from 2024 to 2030. Rising awareness regarding the positive impact of essential oils on the well-being and health of consumers coupled with the growing demand for natural products is likely to boost aromatherapy market growth over the forecast period.
Increased focus on mental health coupled with the rising adoption of essential oils for the management of mental health problems is expected to drive the market. Furthermore, the growing acceptance of aromatherapy in medical facilities, including clinics and hospitals, is anticipated to augment the demand for aromatherapy diffusers and essential oils.
The demand for aromatherapy in-home use is likely to witness significant growth amid the COVID-19 crisis on account of the lockdown measures taken by various governments, resulting in people staying at home. Furthermore, the demand for aromatherapy in hospitals and clinics also witnessed growth owing to the increased utilization by institutions for treating COVID-19, infected patients.
The growing adoption of aromatherapy for alleviating conditions such as anxiety, depression, nausea, and insomnia during the lockdown is expected to impact market growth positively. The demand for essential oils, especially tea tree and eucalyptus oil is expected to witness growth amidst the pandemic on account of their antiseptic and antibacterial properties.
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Consumable products led the market and accounted for 79.7% of the global revenue in 2023, owing to the rising adoption of essential oils as therapeutic agents for various disease conditions.
The topical application mode of delivery led the market in 2023. Topical application helps achieve higher therapeutic properties.
The relaxation segment led the market for aromatherapy and accounted for 24.0% of the revenue share in 2023, attributed to the rising number of people distress from anxiety.
North America dominated the market and accounted for 41.1% of the global revenue share in 2023, owing to a well-established healthcare system and high healthcare spending in developed countries such as the U.S. and Canada.
Grand View Research has segmented the global Aromatherapy market on the basis of product, mode of delivery, application, distribution channel, end use, and region
Aromatherapy Product Outlook (Revenue, USD Million, 2018 - 2030)
Consumables
Essential Oils
Singles
Herbaceous
Woody
Spicy
Floral
Citrus
Earthy
Camphoraceous
Others
Blends
Carrier Oils
Equipment
Ultrasonic
Nebulizing
Evaporative
Heat
Aromatherapy Mode of Delivery Outlook (Revenue, USD Million, 2018 - 2030)
Topical Application
Aerial Diffusion
Direct Inhalation
Aromatherapy Application Outlook (Revenue, USD Million, 2018 - 2030)
Relaxation
Skin & Hair Care
Pain Management
Cold & Cough
Insomnia
Scar Management
Others
Aromatherapy Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
DTC
Retail
E-commerce
B2B
Aromatherapy End-use Outlook (Revenue, USD Million, 2018 - 2030)
Home Use
Spa & Wellness Centers
Hospitals & Clinics
Yoga & Meditation Centers
Aromatherapy Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Europe
Germany
UK
France
Spain
Italy
Russia
Asia Pacific
China
Japan
Australia
India
South Korea
Singapore
Latin America
Brazil
Argentina
Mexico
Middle East & Africa
South Africa
Saudi Arabia
UAE
List of Key Players of Aromatherapy Market
Aromatherapy Companies: d?TERRA
Young Living Essential Oils
Edens Garden
Mountain Rose Herbs
Plant Therapy Essential Oils
Rocky Mountain Oils, LLC
FLORIHANA
Falcon
Biolandes
Stadler Form Aktiengesellschaft
Hubmar International
SpaRoom
EO Products
NOW Foods
Ryohin Keikaku Co., Ltd.
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