Essential Oils will be Dominating the Global Aromatherapy Market During 2016-2026

Aromatherapy

Elective treatments, for example, aromatherapy, are currently offered in therapeutic works, comprising spas, yoga studios and massage centers, even hospital settings and chiropractic workplaces.

Aromatherapy essential oils are prepared utilizing many distinctive medicinal plants, herbs, flowers, trees and roots grown everywhere around the world that have demonstrated, strong consequences for enhancing physical, spiritual and emotional well-being. Regular healers utilize aromatherapy for the numerous analgesic, anti-inflammatory and antibacterial impacts of aromatic essential oils.

It can be also be presented as an integral treatment, or as a type of alternative medicine. Integral treatment may be offered close by standard treatment, with alternative medication offered rather than traditional, evidence-based medicines. Although, there is no great medical proof that aromatherapy treatment can either avoid or cure any disease, yet it may help enhance general well being.

Market Segmentation

The overall market based on the application is categorized into insomnia, relaxation, scar management, pain management, cold and cough, skin and hair care and others.

The overall market based on the mode of delivery is divided into aerial diffusion, direct inhalation and topical application.

Based on the product type, the overall market is categorized into consumables (includes essential oils (includes camphhorous, citrus, floral, spicy, herbaceous, earthy, woodsy and others), carrier oils and blended oils) and equipment (includes ultrasonic diffuser, nebulising diffuser, heat diffuser and evaporative diffuser). The consumables category is anticipated to dominate the overall market for aromatherapy over the decade 2016-2026 by accounting for over 80% of the overall market share through the end of the assessment year 2026. The category is expected to record a 7.8% CAGR to account for a value of more than US$ 4,000 Million by 2026.

The overall market is studied across seven prominent regions, namely Eastern Europe, Western Europe, Latin America, North America, Middle East and Africa, Japan and APEJ. North America is the most lucrative region among others throughout the assessment period of 2016-2026. Within North America, the US market is the biggest market for the consumables category in the calculated period. With the introduction of new oils that are imported from different regions to meet the rising demand for essential oils in the North American region. A rising awareness of the advantages of diverse essential oils is fuelling the development of the consumables category in Latin America. The APEJ region is expected to witness a remarkable development which will be making a positive influence on the consumables category of the worldwide market for aromatherapy. A rising number of women in regions, for example, Thailand, Indonesia, Vietnam, Philippines along with Malaysia are mainly inclined to acquire various essential oils for their home settings moreover this aspect is likely to enhance the development of the consumables category in the APEJ region.

Queries regarding these research findings can be addressed to Future Market Insights’ analysts at press@futuremarketinsights.com

About Anurag Sharma 38 Articles
Delivering high-quality research and consulting projects at tight deadlines remains Anurag Sharma's forte. An experienced market research professional, he has helped business of varied scales make key strategic decisions. Anurag is a specialist in the medical devices market research domain, and has accurately predicted the trends in the market. Anurag is an avid traveller and music aficionado; in his free time, he loves to introspect and plan ahead.