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The global aromatherapy market value in 2023 was USD 2.59 billion, driven by the increasing consumer interest in natural health products across the globe. The global aromatherapy market size is anticipated to grow at a CAGR of 10.7% during the forecast period of 2024-2032 achieving a value of USD 6.47 billion by 2032.
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The aromatherapy industry is being driven by the growing importance of psychological health amidst the competitive and stressful environment. As a result, people are revisiting the ancient practice of finding solace in nature in today’s time. Aromatherapy in today’s time is not just considered to be an art. It has now become a scientific study due to its medicinal and therapeutic properties. Therefore, growing awareness regarding its benefits is aiding the market growth. Essential oils, which are the key functionaries of aromatherapy, derive their relaxing properties from natural products, mainly plants. A few drops of essential oil stimulate the smell receptors in our nose, which, in turn, sends messages through the nervous system to the brain, subsequently helping the body to relax. In topical application, the oil is absorbed by the skin and further by the nervous system. Therefore, the growing demand for relaxation-inducing activities is augmenting the market growth of aromatherapy.
As the world is turning towards Ayurveda, aromatherapy is particularly rising in Europe. According to World Health Organisation, a considerable percentage of the UK’s population suffers from anxiety disorders, and almost half of the chronic sick leave in Europe is because of depression and anxiety, which affects the European economy. The consumers thus, look at aromatherapy as an alternative means to treat the emotional imbalance. Additionally, increasing demand for sustainable products is one of the key reasons for the growing demand for aromatherapy in Europe.
Aromatherapy has its roots in ancient India; it can be found in the Rasayana Tantra, the book of rejuvenation. It is considered to be one of the eight branches in Ayurveda. Aromatherapy refers to the use of natural products like flowers, bark, stems, flowers, leaves, etc., in the form of essential oils to treat several diseases, physical as well as psychological. With increasing awareness and focus on mental well-being, aromatherapy is opted as a practice to curb stress, anxiety and to provide relaxation. Regular use of aromatherapy promotes physical and mental well-being by restoring and maintaining the zeal.
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Based on product type, the aromatherapy industry is segmented into:
On the basis of mode of delivery, the market can be divided into:
On the basis of its application, the market can be divided into:
Based on distribution channel, the market is segmented into:
On the basis of end use, the market is divided into:
The EMR report looks into the regional market of aromatherapy like North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
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The proven benefits of essential oils on mental health are anticipated to be the key driver in the growth of the aromatherapy industry in the upcoming years. The global success of the aromatherapy industry can be associated with increasing demand for sustainability. Further, due to booming environmental consciousness, people are moving towards the use of organic products. Since aromatherapy utilises natural products, a growing preference for plant-based products is expected to boost the market growth over the forecast period.
The increasing levels of pollution in developing countries like India are augmenting the demand for air purifiers. Since aromatherapy uses essential oils, and incense sticks, etc., to purify the contaminated air as well as release negativity from the environment, the growing pollution levels are positively impacting the market growth of aromatherapy. Recently, aromatic products have also helped a major proportion of working individuals and students deal with pandemic-induced stress. As the pandemic forced people to stay indoors, a lot of negativity and stress too was trapped indoors. As a result, people resorted to homemade, organic and Ayurvedic methods to curb anxiety and stress like yoga and aromatherapy.
The report presents a detailed analysis of the following key players in the global aromatherapy market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnarounds and mergers and acquisitions.
The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces Model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Mode of Delivery |
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Breakup by Application |
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Breakup by End User |
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Breakup by Distribution Channel |
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Breakup by Region |
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Supplier Landscape |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The Aromatherapy Market was valued at USD 2.59 billion in 2023.
The market is expected to grow at a CAGR of 10.7% from 2024 to 2032 to reach a value of USD 6.47 billion by 2032.
The major drivers of the industry include rising disposable incomes, increasing population, favourable laws and regulations for essential oil farming, and the growing demand for holistic wellness solutions.
The growing acceptance of aromatherapy is expected to be a key trend guiding the growth of the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading product types in the market are consumables and equipment.
The major modes of delivery of aromatherapy in the industry are topical application, aerial diffusion, and direct inhalation.
The significant application segments of aromatherapy in the market are relaxation, skin and hair care, pain management, cold and cough, insomnia, and scar management, among others.
The leading distribution channels of aromatherapy are DTC (direct-to-customer) and B2B (business-to-business).
The major end use sectors for aromatherapy in the market are home use, spa and wellness centres, hospitals and clinics, and yoga and meditation centres.
The major players in the industry are doTERRA, Mountain Rose Herbs, Young Living Essential Oils, Edens Garden Inc., Rocky Mountain Oils, LLC, Florihana Distillerie, Plant Therapy Essential Oils, and Stadler Form Aktiengesellschaft, among others.
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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