The global Aromatherapy Market size is anticipated to reach
USD 2.8 billion by 2026, expanding at a CAGR of 10.4% during the forecast
period, according to a new report by Grand View Research, Inc. This growth can
be attributed to the increased awareness about the therapeutic benefits of
essential oils.
Aromatherapy is expected to play a significant role in the
field of alternative medicines with a gradual shift from man-made drugs to
essential oils to gain therapeutic values. On the basis of a 2016 article by
the National Center for Biotechnology Information (NCBI), a clinical trial was
conducted on 50 patients suffering from second- and third-degree burns, to
study the effects of inhaling these products. The result showed that the
products were significantly effective in reducing pain arising from such
wounds. Hence, aromatherapy can be used as a complementary therapy for pain
relief amongst burn patients, thereby, supporting the market growth. Some of
the other therapeutic applications include issues related to skin, digestion,
respiratory disorders, insomnia, and immune system functioning.
Essential oils also possess many factors that make them
naturally healing solutions. Therapeutic grade essential oils positively impact
the overall wellness of the patient. These products have the potential to be
natural cleansers and an antibacterial remedy when ingested. People are also
becoming aware of the benefits offered by natural therapies as they support the
body’s innate healing abilities. With experience and education, they are
realizing that bacteria and viruses do not develop resistance to natural
substances, the way they do in case of synthetic drugs.
To request a sample copy or view summary of this report,
click the link below:
https://www.grandviewresearch.com/industry-analysis/aromatherapy-market
https://www.grandviewresearch.com/industry-analysis/aromatherapy-market
Further key findings from the study suggest:
- In 2018,
consumables held the largest market share due to the high therapeutic
value of aromatherapy products
- Equipment
segment is expected to witness lucrative growth over the forecast period
due to the availability of new diffusers with advanced features
- Topical
application led the market in 2018 owing to the wide therapeutic
applications available for the target population
- Relaxation
contributed to the maximum revenue for the market in 2018 owing to the
increased number of people suffering from stress and anxiety disorders
- Skin and
hair care is anticipated to showcase lucrative CAGR over the forecast
period due to increasing incidence of skin allergies
- Direct-to-customer
involves multilevel marketing of aromatherapy products and is estimated to
account for the largest market share in terms of revenue
- Majority of
patients prescribed with essential oils for diseases tend to make use of
aromatherapy products in the vicinity of their homes, thus, leading to
high market share in 2018
- North
America led the aromatherapy market in 2018 due to the huge growth of
retail sector
- Few key
players include dōTERRA; Edens Garden; Young Living Essential Oils;
Frontier Natural Products Co-op; Rocky Mountain Oils; Rocky Mountain Oils,
LLC; Plant Therapy Essential Oils; FLORIHANA; and Biolandes.
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,
2015 - 2026)
- 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, 2015 - 2026)
- Topical
Application
- Aerial
Diffusion
- Direct
Inhalation
Aromatherapy Application Outlook (Revenue, USD
Million, 2015 - 2026)
- Relaxation
- Consumables
- Equipment
- Skin &
Hair Care
- Consumables
- Equipment
- Pain
Management
- Consumables
- Equipment
- Cold &
Cough
- Consumables
- Equipment
- Insomnia
- Consumables
- Equipment
- Scar
Management
- Consumables
- Equipment
- Others
- Consumables
- Equipment
Aromatherapy Distribution Channel Outlook (Revenue,
USD Million, 2015 - 2026)
- DTC
- Retail
- E-commerce
- B2B
Aromatherapy End Use Outlook (Revenue, USD Million,
2015 - 2026)
- Home Use
- Spa &
Wellness Centers
- Hospitals
& Clinics
- Yoga &
Meditation Centers
Aromatherapy Regional Outlook (Revenue, USD Million,
2015 - 2026)
- North
America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Asia Pacific
- Japan
- China
- India
- South
Korea
- Singapore
- Australia
- Latin
America
- Brazil
- Mexico
- Argentina
- MEA
- South
Africa
- Saudi
Arabia
- UAE
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Blog: https://healthcareforecastreport.blogspot.com/
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Blog: https://healthcareforecastreport.blogspot.com/
No comments:
Post a Comment