Global Aromatherapy Market Overview –
During the forecast period, the worldwide aromatherapy diffuser market is expected to grow at a compound annual growth rate (CAGR) of 7.53 percent (2022 – 2027).
In the period leading up to COVID-19, the popularity of essential oils with strong anti-bacterial qualities such as lavender, lemongrass, basil, tea-tree, lemon, eucalyptus, and others that aid in immune boosting increased, which had a beneficial impact on the aromatherapy diffuser industry. Furthermore, it is anticipated that the market would be driven even further by the desire to live a healthy lifestyle during the forecast period. Demand for essential oils is project to be driven further by the numerous health benefits that essential oils provide.
The increasing usage of aromatherapy to treat problems such as anxiety, sadness, nausea, and insomnia during the lockdown is expected to have a beneficial impact on the market’s overall growth in the next years. On account of their antiseptic and antibacterial characteristics, the demand for essential oils, particularly tea tree and eucalyptus oil, is predict to increase as a result of the pandemic.
Post Covid-19 Impact on Aromatherapy Market –
By far the most severe impact of the COVID-19 outbreak was on the healthcare business. Since the aromatherapy industry was also negatively impact , there is no need for it to remain silent. When the government imposed the lockdown and social distancing restrictions to contain the COVID-19 pandemic outbreak, it caused the suspension of various manufacturing operations, supply chain disruptions, stifling business growth, cancellation of technology events, suspension of new developments, and a general decrease in overall production and sales, limiting the industry’s ability to expand.
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However, on the plus side, the government’s restrictions are likely to be eased, which will aid the market in experiencing a slight increase following COVID-19, as the manufacturers are concentrating on various developments and innovations, market trends, and other expansion strategies, among other things. As a result of these factors, the market is expected to grow at a significant rate in the future years.
Aromatherapy Market Report Highlights –
It is anticipated that demand for aromatherapy diffusers would rise at an estimated compound annual growth rate (CAGR) of 8.8 percent from 2021 to 2028, owing to the growing popularity for diffusers, which assist in obtaining the therapeutic advantages of essential oils.
As the number of people suffering from stress and anxiety continues to rise, there is a growing preference for natural methods of stress relief. The relaxation application segment is expected to account for 23.2 percent of global revenue share in 2020 as a result of an increase in the number of people seeking natural stress relief.
Scope of the Report –
The aromatherapy diffuser market is category base on the types of goods available, which include ultrasonic, nebulizer, and other options. The market is split according to distribution channel, with supermarkets/hypermarkets, convenience stores, specialty stores, internet retailers, and other distribution channels being the most common. Depending on where you are in the world, the market can be divided into five categories: North America, European Union, Asia-Pacific, South America, Middle East and Africa. In addition, the research provides market size and estimates for aromatherapy goods across major geographic regions.
Recent Developments –
A connect and intelligent scent distribution system for fragrance and home comfort businesses was released by Scentsy in April of the following year. As well as being connect and smart, the product combines ease of use with high-quality diffusion to create a new ritual for customers.
Organic Aromas will acquire a new trademark for the design of a raindrop in 2021. The essential oil mixing lab kit, as well as the attar nebulizing diffuser and the ultimate blending guide ebook, are now available for purchase online. The kit is package in a small, portable container that makes it convenient to use on the road.
Individuals are suffering from significant stress as a result of the covid 19 epidemic and Lockwood. As a result, many people are turning to aromatherapy to help mitigate the affects of the disease.
Young Living held a large conference to showcase their new aromatherapy treatment product lines. The event was well attend. It contains essential oils as well as other health-promoting items.
Key Players –
Young Living
doTERRA International
Ryohin Keikaku Co.Ltd (Muji)
Vitruvi
Neal’s Yard Limited
Aura Cacia
Ellia Aromatherapy
Pilgrim Collection
Hubmar International
NOW Foods
EO Products
Helias LLC
Stadler Form Aktiengesellschaft
By Products –
Ultrasonic Aromatherapy Diffuser
Aromatherapy Nebulizers
Evaporative Aromatherapy Diffuser
Aromatherapy Heat Diffuser
By Application –
Residential Aromatherapy Diffuser
Commercial Aromatherapy Diffuser
Spa & Salon Aromatherapy Diffuser
Distribution Channel –
Retailers
Hypermarkets/Supermarkets
E-Commerce
Other Distribution Channels
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