LAMEA 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 Latin America, Middle East and Africa Aromatherapy Products Market would witness market growth of 12.0% CAGR during the forecast period (2022-2028).
Although it hasn't received the greatest research, aromatherapy can surely be used to cure digestive problems. Constipation, indigestion, and bloating can be relieved, and metabolism can be accelerated to hasten food digestion. Although studies have shown that ginger, clary sage, fennel, dill, chamomile, and lavender are also beneficial in treating digestive issues, citrus essential oils, such as lemon and orange, are typically the best.
There are many ways to provide aromatherapy, including topically, inhaled, and aerially. Due to its simplicity of administration and rising popularity among massage therapists and spas, the topical sector is predicted to account for the majority of the revenue generated by the global aromatherapy market. The demand for topical use of essential oils for treating chronic pain would rise as the amount of people who experience from it rises, driving market growth.
Products for aromatherapy are utilized in a variety of places, including spas and wellness centres, hospitals and clinics, yoga and meditation studios, and homes. Spas and wellness facilities would continue to dominate the market. The primary growth-rendering element would be the rising number of visits to spas and wellness facilities for relaxation & stress relief. Additionally, segmental expansion would be aided by expanding essential oil use in wellness centres and rising demand for aromatherapy.
Owing to the expanding use of aromatherapy, the availability of cheap raw materials, and growing consumer demand in natural fragrances & related products, the market in the UAE is predicted to rise. Companies in the nation should experience significant growth due to novel isolates made from current essential oils with various compositions. Depression among UAE residents is a serious healthcare concern since it results in functional impairment, higher medical expenses, and a burdensome array of symptoms. Major depressive disorder, traffic accidents, and ischemic heart disease were found to be the top three drivers of disability-adjusted life years in the UAE, as per the Global Burden of Disease research from 2010.
The Brazil market dominated the LAMEA Aromatherapy Products Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $69.4 million by 2028. The Argentina market is experiencing a CAGR of 12.6% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 11.7% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Saudi Arabia
- South Africa
- Rest of LAMEA
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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