According to the latest report published by Credence Research, Inc. “Aromatherapy Market – Growth, Future Prospects and Competitive Analysis, 2017-2025,” the global aromatherapy market was valued at US$ 1,413.4 Mn in 2016, and is expected to reach US$ 3,226.2 Mn by 2025, expanding at a CAGR of 9.54% from 2017 to 2025.
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Aromatherapy enjoys a prominent status in alternative medicine, through the use of 100% pure essential oils and ingredients. Studies also mention that aromatherapy (particularly inhalation of essential oils) has been beneficial in treating second and third degree burns. Aromatherapy aids in reducing burn associated pain and facilitate quick recovery. Aromatherapy is also being increasingly used in applications such as hair and skin care, insomnia treatment, relaxation, stress relief and others.
Some of the major players operating in the global aromatherapy market are doTERRA International, Edens Garden, Frontier Natural Products Co-op., G Baldwin & Co., Mountain Rose Herbs, Ouwave Aroma Tech(shenzhen)Co., Ltd., Plant Therapy Inc., Ryohin Keikaku Co., Ltd. (Muji), Thann-Oryza Co., Ltd., Young Living Essential Oils and Zija International.
Chapter 1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase III-Expert Panel Review
1.2.5. Approach Adopted
Chapter 2. Executive Summary
2.1. Global Aromatherapy Market Portraiture
2.1.1. Global Aromatherapy Market, by Product, 2016
2.1.2. Global Aromatherapy Market, by Delivery Mode, 2016
2.1.3. Global Aromatherapy Market, by Application, 2016
2.1.4. Global Aromatherapy Market, by Geography, 2016
Chapter 3. Aromatherapy: Market Dynamics and Outlook
3.1. Market Definition and Overview
3.4.1. Attractive Investment Proposition, by Geography
3.5. Value Chain Analysis
3.6. Porter’s Five Forces Model …
Chapter 8. Company Profiles
8.1. doTERRA International
8.1.1. Business Description
8.1.2. Financial Information (Subject to data availability)
8.1.3. Product Portfolio
8.1.4. Key Developments
8.2. Edens Garden
8.3. Frontier Natural Products Co-op.
8.4. G Baldwin & Co
8.5. Mountain Rose Herbs …
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For the purpose of this study, global aromatherapy market is studied for their application in following delivery modes:
Due to the potency of essential oils, they are usually diluted in a carrier oil or medium before direct application on the skin. Direct application currently enjoys the dominance position in the market. Massage is the most common type of therapeutic technique used in aromatherapy as it serves both muscular relaxation and ensured through absorption of oils. Topical administration is also done through hot and cold compresses for pain management. Additionally, inhalation is among the most basic methods of administering aromatherapy. Inhalation is often recommended when aromatherapy is used for treating respiratory or skin conditions.
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Geographically, the global aromatherapy market is cumulative to North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
North America and Europe dominate the global aromatherapy market. Domicile of several large market players and wide availability of required raw materials contribute to the dominance of North America and Europe. Additionally, higher purchasing power and greater awareness also assist in driving the aromatherapy market in these regions. Moreover, it is expected that with intensive marketing initiatives, proliferation of use of alternative medicine, increasing online sales and rising awareness will facilitate significant growth in the emerging markets of Asia Pacific and Latin America.
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