Aromatherapy Market
Global Aromatherapy Market analysis report is helpful in determining the discount rates, the actual prices and the price ranges, price elasticity for its products. The report ascertains the reputation of the firm and its products. Along with providing a competitive landscape of the key players, this report also serves with complete and distinct analysis of the market drivers and restraints, detailed analysis of the market segmentation, key developments in the market and details of research methodology. Excellent practice models and method of research applied while generating this Global Aromatherapy Market business document unearths the best opportunities to thrive in the market.
Global Aromatherapy Market is expected to rise from its initial estimated value of USD 5.09 billion in 2018 to an estimated value of USD 9.57 billion by 2026, registering a CAGR of 8.2% in the forecast period of 2019-2026. This rise in market value can be attributed to the growing popularity of aromatherapy.
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A few of the major competitors currently working in the aromatherapy market are Young Living Essential Oils (US), dōTERRA (US), MOUNTAIN ROSE HERBS (US), Edens Garden (USA), Frontier Co-op. (Europe), Rocky Mountain Oils, LLC (USA), PLANT THERAPY ESSENTIAL OILS (US), Starwest Botanicals (US), Hopewell Essential Oils, North American Herb and Spice (USA), Nu Skin (US), Air Aroma (USA), Ryohin Keikaku Co., Ltd. (Japan), ZIJA INTERNATIONAL. ALL (US), G. Baldwin & Co. (UK), Ouwave Aroma Tech (shenzhen) CO. Ltd (China), Ryohin Keikaku Co., Ltd (Japan), Infocom Network Limited (India), ecoplanet (India), artnaturals (USA) and others.
Market Definition: Global Aromatherapy Market
Aromatherapy uses aromatic oils, and other aroma compounds for improving psychological or physical well-being. It is increasingly being used in homes such as relaxation and sleep, mood enhancement, cold and flu relief, and pain relief.
In US There is no certification for aromatherapists. However, there are over 2,000 clinical aromatherapists who prescribe aromatherapy for all kinds of ailments, including acne, fungus, asthma, allergies, and constipation.
Key Developments in the Market:
• In April 2018, Plant Therapy Essential Oils announced that they have launched an exclusive and limited edition of Mother’s Day set, Dear Mom set. This set includes various products that complete the need of mothers, for relaxing and unwinding.
• In May 2017, Young Living Essential Oils made non-cash acquisition of Life Matters LLC, a wellness company. Both the companies are based in the direct selling industry and share common goals, culture and mission.
Market Drivers
• Growing Trend of Essential Oils Adoption, act as market driver.
• Increasing Sales of Essential Oils for Home Usage, act as market driver.
Segmentation: Global Aromatherapy Market
By Product Type
• Consumables
o Herbaceous
o Woody
o Spicy
o Floral
o Citrus
o Earthy
o Camphoraceous
• Equipment
o Ultrasonic diffuser
o Nebulizing diffuser
o Evaporative diffuser
o Heat diffuser
By Mode of delivery
• Topical Application
• Direct Inhalation
• Aerial Diffusion
By Application
• Relaxation
• Insomnia
• Pain Management
• Scar Management
• Skin & Hair Care
• Cold & Cough
By Distribution Channel
• DTC
• Retail
• E-commerce
• B2B
By End User
• Home Use
• Spa & Wellness Centers
• Hospitals & Clinics
• Yoga & Meditation Centers
By Geography
• North America
• South America
• Europe
• Asia-Pacific
• Middle East and Africa
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Competitive Analysis: Global Aromatherapy Market
Global aromatherapy market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of aromatherapy market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Reasons to Purchase this Report
• Current and future of global aromatherapy market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
• Regions/Countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
• All segmentation provided above in this report is represented at country level
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
Table of Contents:
1. INTRODUCTION
1.1. OBJECTIVES OF THE STUDY
1.2. MARKET DEFINITION
1.3. OVERVIEW OF GLOBAL AROMATHERAPY MARKET
1.4. CURRENCY AND PRICING
1.5. LIMITATION
1.6. MARKETS COVERED
2. MARKET SEGMENTATION
2.1. MARKETS COVERED
2.2. GEOGRAPHIC SCOPE
2.3. YEARS CONSIDERED FOR THE STUDY
2.4. CURRENCY AND PRICING
2.5. RESEARCH METHODOLOGY
2.6. PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.7. SECONDARY SOURCE
2.8. ASSUMPTIONS
3. MARKET OVERVIEW
3.1. DRIVERS
3.2. RESTRAINTS
3.3. OPPORTUNITIES
3.4. CHALLENGES
4. EXECUTIVE SUMMARY
5. PREMIUM INSIGHTS
6. GLOBAL AROMATHERAPY MARKET, BY CONSUMABLES
6.1. OVERVIEW
6.2. ESSENTIAL OILS
6.3. CARRIER OILS
6.4. BLENDED OILS
7. GLOBAL AROMATHERAPY MARKET, BY EQUIPMENT
8. GLOBAL AROMATHERAPY MARKET, BY MODE OF DELIVERY
9. GLOBAL AROMATHERAPY MARKET, BY APPLICATION
10. GLOBAL AROMATHERAPY MARKET, BY DISTRIBUTION CHANNEL
11. GLOBAL AROMATHERAPY MARKET, BY END USER
12. GLOBAL AROMATHERAPY MARKET, BY GEOGRAPHY
12.1. OVERVIEW
12.2. NORTH AMERICA
12.3. EUROPE AROMATHERAPY MARKET
12.4. APAC AROMATHERAPY MARKET
12.5. SOUTH AMERICA AROMATHERAPY MARKET
12.6. MIDDLE EAST AND AFRICA AROMATHERAPY MARKET
13. GLOBAL AROMATHERAPY MARKET, COMPANY LANDSCAPE
13.1. COMPANY SHARE ANALYSIS: GLOBAL
14. COMPANY PROFILES
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