As stated in our extensive report; providing insights on Key Drivers, Key Restraints, and Segments (i.e.,by Product, Mode of Delivery, End-Users, Distributional Channel, Application, and Region); the Global Aromatherapy Market accounted for USD 1,729.5 Million in the year 2021.
“Key Factors Likely to Drive Growth of Aromatherapy Market”
Aromatherapy has been used to reduce stress, anxiety, and depression. To treat respiratory problems, cardiovascular disease, neurological disorders, and stomach disorders, Aromatherapy is the best option. This therapy is also beneficial for motion sickness, weight control, and maintaining a healthy function of the liver and gallbladder. Thus, the widespread use of Aromatherapy for various health-related problems is a major factor in the growth of the Aromatherapy Market. Aromatherapy is a complete healing process that involves the use of aromatic substances such as essential oils produced from plants. Aromatherapy is a type of medicine that relies on essential oils for a fragrance to improve physical, mental, and emotional health. It promotes physical and mental well-being.
Growing consumer awareness of the proven benefits of essential oils for mental health enhances the use of these oils as a natural way to deal with health problems such as anxiety and depression. In addition, there has been a dramatic increase in the number of people who choose to treat themselves to cope with a variety of physical illnesses such as the common cold. Furthermore, the various adverse effects of pharmaceutical products have contributed to the increasing demand for natural essential oils from consumers around the world.
However, increasing public awareness about alternate therapies reduces the growth of the Aromatherapy Market. In addition, rapid growth in the e-commerce sector due to the easy purchase and availability of a wide variety of alternate products is also expected to hinder the growth of the Aromatherapy Market in projected years. Whereas, a variety of product development strategies & innovations combined with a growing number of awareness programs conducted by leading market players are estimated to generate lucrative growth opportunities for the Aromatherapy Market shortly.
North America is expected to witness significant growth during the forecast period of 2022 to 2028 due to the rise in the prevalence of various disorders along with the developing healthcare infrastructure within the region.
Some of the key players in the Global AromatherapyMarketinclude-Young Living Essential Oils, Mountain Rose Herbs, Edens Garden, Rocky Mountain Oils LLC, Plant Therapy Essential Oils, FLORIANA, Biolandes, Falcon, Stadler Form Aktiengesellschaft, Hubmar International, SpaRoom, EO Products, NOW Foods, Ryohin Keikaku Co. Ltd., and others.