Asia Pacific Aromatherapy Products Market Size, Share & Industry Trends Analysis Report By Product (Essential Oils and Blend Oils), By Form (Holistic, Medical), By Application, By Distribution Channel, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Aromatherapy Products Market would witness market growth of 8.9% CAGR during the forecast period (2022-2028).
In addition to reducing stress, aromatherapy is frequently used to treat depression. Given the highly complex adverse effects of pharmaceutical antidepressants, it is a crucial role of aromatherapy. While this is a helpful adjunctive therapy, if depression persists or gets worse, it is best to seek out counselling or psychological support. Most experts agree that lavender, peppermint, chamomile, and jasmine are the finest essential oils used for curing depression.
Since most medical professionals agree, prevention is always preferable to treatment, and when utilized correctly, aromatherapy can significantly boost the immune system. Different essential oils' anti-fungal, anti-microbial, and antibacterial properties can shield people from a wide range of ailments and infections which might harm their body. Aromatherapy in this area is particularly well-liked and extensively researched.
Despite the fact that analgesics reduce pain, they can nevertheless have a wide range of negative consequences on the body. Among the most beneficial uses of aromatherapy is pain reduction. The best essential oils are lavender, clary sage, chamomile, eucalyptus, rosemary, juniper, and peppermint, both for business and personal use.
Many of the emerging nations in the region absorb new trends and technologies more quickly than others. The market in the region has experienced rapid expansion due to profitable market opportunities for aromatherapy products in nations like China and Japan as well as an increase in the occurrence of various illnesses. Along with that, the expansion of the millennial population and the rise in the cases of mental health problems would create more demand for aromatherapy products in this region. Due to favourable weather for agriculture, inexpensive labour, and an abundance of raw resources, the regional market would grow.
The China market dominated the Asia Pacific Aromatherapy Products Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $306 million by 2028. The Japan market is estimated to grow at a CAGR of 8.2% during (2022 - 2028). Additionally, The India market would experience a CAGR of 9.5% during (2022 - 2028).
Based on Product, the market is segmented into Essential Oils and Blend Oils. Based on Form, the market is segmented into Holistic, Medical, and Others. Based on Application, the market is segmented into Relaxation & Sleep, Pain Management, Skin & Hair Care, and Others. Based on Distribution Channel, the market is segmented into Direct Distribution, MLM Distribution, Supermarket & Hypermarket, Pharmaceutical & Speciality Store, E commerce, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include doTERRA International LLC, Plant Therapy Essential Oils, Young Living Essential Oils LLC, Rocky Mountain Oils, LLC, Edens Garden, Falcon Essential Oil, Mountain Rose Herbs, Hubmar International, Biolandes SAS, and Florihana.
Scope of the Study
Market Segments Covered in the Report:
- Essential Oils
- Blend Oils
- Relaxation & Sleep
- Pain Management
- Skin & Hair Care
By Distribution Channel
- Direct Distribution
- MLM Distribution
- Supermarket & Hypermarket
- Pharmaceutical & Speciality Store
- E commerce
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- doTERRA International LLC
- Plant Therapy Essential Oils
- Young Living Essential Oils LLC
- Rocky Mountain Oils, LLC
- Edens Garden
- Falcon Essential Oil
- Mountain Rose Herbs
- Hubmar International
- Biolandes SAS
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