The global aromatherapy market size was estimated to be USD 1,980.8 million in 2021 and is expected to grow ata CAGR of 11.71% during the forecast period. Growing popularity aromatherapy, rising demand for these products due to its benefits such assleep quality improvement, relief from stress, anxiety, and depression is a major factor contributing tothe market growth. However, lack of raw materials and adverse effects of aromatherapy are hindering the growth of this market.

By Product Type

Based on product type, the market is segmented into consumables and equipment. Consumables segment is further categorized into essential oils and carrier oils. Whereas, the equipment segment is divided into ultrasonic, nebulizer, evaporative, and heatingequipment. In 2021, consumables accounted for the largest revenue share owing to natural healing property of essential oils and their easy availability. Equipment segment is projected to grow at a lucrative CAGR during the forecast period. This is attributed to the introduction of innovative products including ultrasonicand nebulizing diffusers.

By Mode of delivery

On the basis of mode of delivery, the market is divided into topical and aerial. The topical segment accounted for the largest revenue share in 2021 and is expected to hold its dominance over the forecast period, which can be attributed to the effectiveness of essential oils against chronic skin diseases. However, the aerial diffusion segment is projected to showcase lucrative growth over the forecast period owing to risingdemand for aerial diffuser, which has contributed to a substantial increase in the usage of essential oils.

By Application

On the basis of application, the market is categorized into relaxation, skin & hair care, pain management, cold & cough, insomnia, and others. In 2021, the relaxation segment dominated the market due to increasing preference for natural and herbal products, relief and relaxing benefits of aromatherapy for people suffering from asleep, anxiety, and stress.The other segments including skin & hair care and insomniaare expected to witnesslucrative growth over the forecast period owing to increasing prevalence of skin diseases and rising use of essential oils for chronic & acute pain.

By Distribution Channel

On the basis of distribution, the market is divided into direct-to-customer and business-to-business segment. The direct-to-customer market held the largest share in 2021, which includes ecommerce, independent distributors, and retail stores. This is attributed to ecommerce growth and ready availability of therapeutic benefits of aroma products on various websites.Business-to-business segmentis expected to showcase lucrative growth over the forecast period.

By Enduser

On the basis of end users,the market is segmented into home use, spa & wellness centers, yoga &meditation centers, and hospitals &clinics. Home users was the highest revenue generating segment due to rising awareness of aroma products and its increasing use for skin, hair and, pain management, and relaxation.Others segment including spa& wellness centers, yoga& meditation centers, and hospitals& clinicsis anticipatedto showcase substantial growth over the forecast period.

Regional Insights

In 2021, North America held a dominant position in terms of revenue and is anticipated to hold its dominance over the forecast period owing to suitable law and regulatory policies for cultivation of essential oils. Asia pacific region is projected to grow at thefastest CAGR during the forecast period due to high demand fornatural cosmetics products and growing awareness about thetherapeutic benefits of aroma products in these regions. In addition, growing disposable income is another major factor that boosts the regional growth.

Competitor Insights

Some of the key players in the aromatherapy market are Edens Garden (U.S.), Mountain Rose Herbs (U.S.), dōTerra (U.S.), Biolandes (France), Frontier Natural Products Co-op (U.S.), Young Living Essential Oils (U.S.), Rocky Mountain Oils (U.S.), Florihana(France), Plant Therapy Essential Oils (U.S.), and Now (U.S.).Major players operating in the market are adopting inorganic growth strategies such as increasing investment in developing countries and business penetration inuntapped regionsto expand their global presence.This exhaustive research report focuses on market size and forecast at global, segmental, regional and country level along with key market trends and dynamics from 2021 to 2029. The aromatherapy market report is categorized into the following segments and subsegments:

Aromatherapy Market, By Product type (Revenue, 2021-2029, USD Million)

Aromatherapy Market, By Mode of Delivery (Revenue, 2021-2029, USD Million)

Aromatherapy Market, By Application (Revenue, 2021-2029, USD Million)

Aromatherapy Market, By Distribution Channel (Revenue, 2021-2029, USD Million)

Aromatherapy Market, By End user (Revenue, 2021-2029, USD Million)

Aromatherapy Market, By Region (Revenue, 2021-2029, USD Million)

Scope of Aromatherapy Market Report:

Key Parameters	Details
Base Year	2021
Forecast Period	2022-2029
Study Coverage	Global and regional market size and revenue forecast Segment market size and revenue forecast at global, regional, and country level Competitive landscape (company share analysis, company profiles, recent development, competitive map analysis) Conclusion and recommendations
Qualitative Analysis	Market drivers Market restraints Market opportunities Recent market trends Market challenges Porter’s Five Forces analysis PEST analysis Value-chain analysis COVID-19 impact analysis
Regional Market Scope	North America (U.S. and Canada) Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe) Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC) Latin America (Brazil, Mexico, Argentina, Rest of LATAM) MEA (South Africa, GCC, Rest of MEA)
Company Profiles	Exhaustive profiles of top 10 players 50+ other major players listing
15% Free Customization Available	You can customize the study scope to meet your exact requirement. Click here for more details