Aromatherapy Market to Display Growth at a CAGR of 7.7% by 2026

Aromatherapy Market to Display Growth at a CAGR of 7.7% by 2026

 

                        

 

A recent study of Future Market Insights (FMI) envisages the aromatherapy market to record a healthy 7.7% value CAGR and reach US$ 8,058.5 million valuation between the period of forecast 2016 and 2026. The market is expected to experience promising growth in the near future, mainly due to the increasing health and wellness trend, and popularity of the direct sales channel. Medical centers offering therapeutic treatments have initiated promotions for the use of aromatherapy in the treatment of generic ailments such as headaches, anxiety and depression. Increasing preference for aromatherapy will also be instrumented by its efficiency in boosting cognitive performance, increasing blood circulation, strengthening immunity, improving digestion and reducing pain.

The regions of North America and Western Europe are projected to continue their dominance in the aromatherapy market. Collective revenues from aromatherapy product sales in these two regions will surpass US$ 4 billion, according to the study. However, Asia Pacific excluding Japan (APEJ) will record fastest growth in the aromatherapy market, as spa tourism is on the go in ASEAN markets, and an increasing number of women in this region are inclined to buy essential oils for home usage.

Request Sample Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-1080

Diffusers and other equipment used for extracting the aroma of plant extracts will continue to witness a slower sales growth rate as compared to consumables. Revenues from aromatherapy consumables, such as blended oils, carrier oils, will account for bulk shares of the market during the forecast period. There has been increasing usage of aromatherapy diffusers at home to ward off bad smells. The therapeutic properties of essential oils such as immune system, combating cold, allergies and breathing disorders are promoting sound sleep and relaxation at home. As a result, increasing number of people are opting to buy aromatherapy diffusers and essential oils for home usage.

Aromatherapy acts as a complementary treatment in many viral and bacterial diseases such as acute respiratory infections, viral infections, influenza, and bronchitis, and can be used during prophylactic and therapeutic treatment regime for many diseases. Owing to these added benefits and application of essential oils in many indications leads to increasing sales of essential oils for different condition which in turn drive the revenue growth of aromatherapy market.

Increasing consumer preference for aromatherapy can be attributed to its greater skin rejuvenation and hair fall control offered. This has further driven adoption of aromatherapy in skin care and hair care applications, with revenues projected to register an impressive growth through 2026. Demand for aromatherapy is also expected to rise in the treatment of insomnia, pain management, and scar management. Carrot seed, cedar wood, geranium, hyssop, juniper, rose and lavender essential oils are commonly used for scar management.

Aromatherapy market is fragmented with the presence of few established brands and many local players in the market, and the market is witnessing entry of many home-based and startup firms. The major share of market is captured by the brands such as Young Living Essential Oils, doTERRA, Now foods and Eden Garden.

Request to View TOC @ https://www.futuremarketinsights.com/askus/rep-gb-1080

Considering the growth prospects in emerging markets, various established companies and startup firms have entered aromatherapy market to capture maximum share in emerging markets, as the market is at its nascent stage where herbal products are in high demand. Companies such as Mountain Rose Herbs, Eden Garden, Frontier Natural Products Co-op (Aura Cacia) and Plant Therapy Essential Oils based in the U.S. are recognized all over the world for offering organic herbs, aromatherapy products, essential oils, and other natural health and body care products through online big retail chains and through their own website.

Comments

No comments to display.

Related posts

Future Growth of Vitamin A Market 2025 Global Analysis By Key Players - DSM, BASF, Zhejiang NHU, Adisseo, Zhejiang Medicine, Kingdomway: SNR

The global average price of Vitamin A is in the decreasing trend, from 26370 USD/MT in 2011 to 24867 USD/MT in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.

Revenue from the Sales of Lever Lid Cans Market to Increase Exponentially During 2018 - 2028

Lever Lid Cans Market: Global Industry Analysis 2013 - 2017 and Opportunity Assessment: 2018 - 2028

Diagnostic Shipper Market to Register Exponential Compound Annual Growth Rate Through 2028

Diagnostic Shipper Market: Global Industry Analysis 2013 - 2017 and Opportunity Assessment: 2018 - 2028

Cloud Data Security Solution Market Segmentation and Analysis by Recent Trends, Development and Growth by Regions to 2025

Reportsandmarkets.com has announced the addition of "Cloud Data Security Solution Industry Analysis, Size, Share, Growth, Trends And Forecast 2025" Market Research Report to their Database.

Business Process Management (BPM) Software Industry Analysis, Size, Share, Growth, Trends & Forecast 202525

New Market Research Reports Title "Business Process Management (BPM) Software Market Revenue Opportunities and Various Manufacture Development Analysis by (2018-2025)" Has Been Added to Reportsandmarkets Report Database.

Aliphatic Bromide Market to Reflect Robust Expansion During 2028-2028

Aliphatic bromide refers to a wide category of brominated open chain organic compounds. Aliphatic bromide has a wide range of applications.

Sales of Cotton Bags Market to Increase from Top End-use Industries During the Forecast Period 2018 - 2028

Cotton Bags Market: Global Industry Analysis 2013 - 2017 and Opportunity Assessment: 2018 - 2028

Global Artificial Intelligence in Retail Market 2019 | Manufacturers, Regions, Type and Application To 2025

Reportsandmarkets.com has announced the addition of "Artificial Intelligence in Retail Industry Analysis, Size, Share, Growth, Trends And Forecast 2025" Market Research Report to their Database.

Network Forensic Market 2018 by Current & Upcoming Trends

Global Network Forensic Market Research Report Information By Component (Solutions, Services), Deployment (Cloud, On-Premise), Application (Data Center Security, Endpoint Security, Network Security, Application Security) and by Vertical — Forecast till 2023 Market Highlights The network forensic is a part of digital forensic that uses real-time forensic tools for monitoring and analysis of data traffic with for information gathering and intrusion detection to protect the network from the cyberattacks. Rapid advancement in digitalization and innovative technologies in commercial sectors and government stringent rules and regulations against the cyberattack threats are some of the factors which are responsible for the market growth of network forensic market during the forecast period. Get Sample Report @ https://www.marketresearchfuture.com/sample_request/6844 The global network forensic market is expected to reach approximately USD 3.12 Billion by 2023 growing at a ~17.4% CAGR over the forecast period 2018-2023. Key players Some of the global network forensic market includes Viavi Solutions (US), Trustwave Holdings Inc (US), Packet Forensics LLC (US), IBM Corporation (US),Cisco System Inc (US), FireEye Inc (US), Symantec Corporation (US), Corero Network Security (US), LogRhythm (US), Dell Technologies (RSA Security LLC), and AT & T (Alien Vault Inc.) among others. Access Report Details @ https://www.marketresearchfuture.com/reports/network-forensic-market-6844 Regional Analysis The geographical analysis of global network forensic market is analyzed for the regions namely North America, Europe, Asia Pacific, and rest of the world. Among these regions, the market is mostly dominated by North America. Moreover, the region is expected to remain dominant throughout the forecast period in terms of market value and market share due to the presence of IT giants that include IBM Corporation, Cisco systems Inc. TABLE OF CONTENTS 1 Executive Summary 2 Scope Of The Report 2.1 Market Definition 2.2 Scope Of The Study 2.2.1 Research Objectives 2.2.2 Assumptions & Limitations 2.3 Markets Structure 3 Market Research Methodology 3.1 Research Process 3.2 Secondary Research 3.3 Primary Research 3.4 Forecast Model 4 Market Landscape Continued…….. Get More Information @ https://www.marketresearchfuture.com/press-release/network-forensic-market LIST OF FIGURES FIGURE 1 Global Network Forensic Market Segmentation FIGURE 2 Forecast Methodology FIGURE 3 Porter’s Five Forces Analysis Of Global Network Forensic Market FIGURE 4 Value Chain Of Global Network Forensic Market FIGURE 5 Share Of Global Network Forensic Market In 2018, By Country (In %) Continued……..