Attractive Opportunities in Aromatherapy Market by Product and Geography - Forecast and Analysis 2021-2025

Attractive Opportunities in Aromatherapy Market by Product and Geography - Forecast and Analysis 2021-2025

TownNews.com Content Exchange

NEW YORK, Nov. 23, 2021 /PRNewswire/ -- The aromatherapy market size is expected to grow by USD 1.92 bn, progressing at a CAGR of 6.71% during the forecast period. The report offers an up-to-date analysis as well as exact growth variance and the Y-O-Y growth rate. 

View Free Sample Report for additional key takeaways on aromatherapy market

The increasing use of aromatherapy at home, rise in awareness about health benefits of aromatherapy, and changing lifestyles are some of the major factors propelling the market growth. However, factors such as side effects related to aromatherapy, regulatory and quality issues with essential oil supply chain, and presence of counterfeit products will hamper the market growth.

For more details on the trends, drivers, and challenges impacting market growth, Download our Free Sample

Aromatherapy Market: Product Landscape

Based on product, the aromatherapy market has been segmented into consumables and equipment. According to Technavio, the aromatherapy market share growth by the consumables segment will be significant during the forecast period. The focus of vendors in product line expansion and improvement, increase in average per capita household disposable income, and growing health awareness that is creating a demand for premium health wellness products are some of the factors driving the segment growth.

Aromatherapy Market: Geographic Landscape

By geography, North America is going to have lucrative growth during the forecast period. About 39% of the market's overall growth is expected to originate from North America. Market growth in this region will be faster than the growth of the market in Europe, South America, and MEA. Moreover, the US is a key country for the aromatherapy market in North America.

Some Companies Covered:

  • Biolandes Aromes SAS
  • doTERRA International LLC
  • Edens Garden Inc.
  • Majestic Pure Cosmeceuticals
  • Moksha Lifestyle Products
  • Mountain Valley Springs India Pvt. Ltd.
  • Rocky Mountain Oils LLC
  • Virgin Scent Inc.
  • Young Living Essential Oils

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2020, 2021, until 2025
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Subscribe to our "Lite Plan" billed annually at USD 3000 that enables to download 3 reports/year and view 3 reports/month.

Related Reports:

  • Agarwood Essential Oil Market: The agarwood essential oil market has been segmented by application (cosmetics and personal care, incense, therapeutics, and others) and geography (Europe, North America, APAC, South America, and MEA). Download Free Sample Report
  • Luxury Perfume Market: The luxury perfume market has been segmented by end-user (women, men, and unisex), distribution channel (offline and online), and geography (Europe, North America, APAC, MEA, and South America). Download Free Sample Report 

Aromatherapy Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6.71%

Market growth 2021-2025

USD 1.92 billion

Market structure

Fragmented

YoY growth (%)

6.40

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 39%

Key consumer countries

US, UK, China, Germany, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Biolandes Aromes SAS, doTERRA International LLC, Edens Garden Inc., Majestic Pure Cosmeceuticals, Moksha Lifestyle Products, Mountain Valley Springs India Pvt. Ltd., Rocky Mountain Oils LLC, Virgin Scent Inc., and Young Living Essential Oils

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.com

Website: www.technavio.com/

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/aromatherapy-market-size-to-grow-by-usd-1-92-bn--increasing-use-of-aromatherapy-at-home-to-drive-growth--technavio-301429912.html

SOURCE Technavio

This article originally ran on curated.tncontentexchange.com.

TownNews.com Content Exchange

Trending Food Videos