The latest market report published by Credence Research, Inc. “Global Aromatherapy Oils Market: Growth, Future Prospects, and Competitive Analysis, 2015 – 2027”. The global Aromatherapy Oils market generated revenue of around USD 2,000 million in 2020 and is anticipated to grow at a CAGR of over 9% during the forecast period from 2021 to 2027 to reach around USD 3,600 million in 2027.
Browse the full report at https://www.credenceresearch.com/report/aromatherapy-oils-market
Aromatherapy Oils are essential oils extracted from natural plants for holistic aroma healing treatment. Aromatherapy oils are rapidly absorbed by limbic smell receptors that control breathing, stress, blood pressure, and heart rate. Aromatherapy oils enhance the emotional and physical health of individual s. Major aromatherapy oils are made from lavender, chamomile, eucalyptus, tea tree, and peppermint among others. Aromatherapy oils help in reducing anxiety and headaches, improving sleep, reducing inflammation, and healing stomach issues.
Key Trends in Global Aromatherapy Oils Market
Increasing demand for aromatherapy oil for the treatment of anxiety disorders and depression
The busy lifestyle has affected the mental health of a lot of people. It has led to increased stress, anxiety, and even depression in people worldwide. According to World Health Organization, there are nearly 450 million people with neurological or mental disorders globally. The side effects of the allopathic medicines for mental health ailments are driving people towards natural and alternative therapies. Aromatherapy oils improve blood circulation, improve moods, improve sleep, and helps in the management of other mental health ailments. Oils based on Lavender, Cedarwood, Frankincense, Chamomile, Jasmine, Rosemary, and Grapefruit help in improving mental health. Aromatherapy oils are effective alongside behavior therapy and anti-depressants.
Impact of COVID 19 on Global Aromatherapy Oils Market
COVID 19 had a significant impact on the revenue generation of the global aromatherapy oil market. The COVID 19 lockdowns and restrictions affected the supply of ingredients. Moreover, the restrictions on the functioning of the oil-producing units affected the aromatherapy oil production output. People who were bound at homes during lockdowns and restrictions started trying aromatherapy oils for health benefits. E-commerce platforms helped significantly in the recovery of sales of aromatherapy oils in 2020. The global aromatherapy oils market is anticipated to attain new highs in the coming years.
Global Aromatherapy Oils Market by Oil Type Insights
Major aromatherapy oils include Basil, Chamomile, Eucalyptus, Jasmine, Lavender, Lemon, Peppermint, Rosemary, Sandalwood, and Tea tree among others. Lavender oil accounted for a significant percentage of the overall revenue generated by the global aromatherapy oils market in 2020.
Lavender Oil to Dominate the global Aromatherapy Oils market
Global Aromatherapy Oils Market by Type, 2020
Global Aromatherapy Oils Market by Application Insights
Anxiety and depression management, cold and cough, hair and skincare, headaches, insomnia, body ache and pain management, relaxation, and scar management are the major application areas of aromatherapy oils. Hair and skincare accounted for a significant percentage of revenue generation in the aromatherapy oils market with 31.2%.
Global Aromatherapy Oils Market by Mode of Delivery Insights
Aerial diffusion, direct inhalation, and topical application are three major modes of delivery of aromatherapy oils. Aerial diffusion has a significant share in the global aromatherapy oils market. Topical application is widely used for skin-related ailments.
Global Aromatherapy Oils Market by Regional Insights
Europe was the largest market for aromatherapy oils in 2020 and accounted for over 35.4% share in overall global revenue generation. The interest of the people in Europe to adopt green and natural healing methods for improving and maintaining physical health and wellbeing helped in increasing the growth of demand for aromatherapy oils. Asia-Pacific region is anticipated to grow with the highest CAGR during the forecast period. The traditional herbal treatments in China, India, and other East Asian countries drive the use of aromatherapy oils in the Asia-Pacific region. In North America, increasing skin problems and increased adoption of aromatherapy devices such as nebulizers, evaporators, ultrasonic diffusers, and heat diffusers led to increased adoption of aromatherapy oils for various healing treatments.
Global Aromatherapy Oils Market Competitive Landscape
Most prominent players in the global aromatherapy oils market include Amrita Aromatherapy, Aura Cacia, G Baldwin & Co, Primavera Life GmbH, Neal’s Yard Remedies, Organic Aromas, Radha Beauty, Revive Essential Oils, Rocky Mountain Oils, and Young Living Essential Oils among others. The report covers very detailed profiles of these key players.
Global Aromatherapy Oils Market, Company Distribution Network, 2020
Global Aromatherapy Oils Market by Oil Type, 2015 – 2027
· Tea tree
Global Aromatherapy Oils Market by Application, 2015 – 2027
· Anxiety and Depression Management
· Cold and Cough
· Hair and Skincare
· Body Ache and Pain Management
· Scar Management
Global Aromatherapy Oils Market by Mode of Delivery, 2015 – 2027
· Aerial Diffusion
· Direct Inhalation
· Topical Application
Global Aromatherapy Oils Market by Region, 2015 – 2027
· North America
· Asia Pacific
· Latin America
· Middle East and Africa
Global Aromatherapy Oils Market: Key Players
· Amrita Aromatherapy
· Aura Cacia
· G Baldwin & Co
· Primavera Life GmbH
· Neal’s Yard Remedies
· Organic Aromas
· Radha Beauty
· Revive Essential Oils
· Rocky Mountain Oils
. Young Living Essential Oils