Published Date: 31-Jul-2022
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According to a new report, published by KBV research, The Global Aromatherapy Products Market size is expected to reach $3.8 billion by 2028, rising at a market growth of 8.4% CAGR during the forecast period.
The Blend Oils segment is showcasing a CAGR of 10.3% during (2022 - 2028). Blended oils are mixtures of essential oils utilized during aromatherapy and massage. It is able to develop a perfume that can aid in promoting a particular emotion, such as reducing stress or elevating mood, by combining two or more oils. Oil can be purchased either blended or separately, and then combined at home.
The Holistic segment is leading the Global Aromatherapy Products Market by Form in 2021 thereby, achieving a market value of $2 billion by 2028. A complementary therapy is aromatherapy. It can support conventional care for a variety of issues but could not treat infections, rashes, or illnesses. Motion sickness, tiredness, aches and pains, insomnia, headaches, circulatory problems, anxiety, stress, agitation, and depression are among the ailments.
The Pain Management segment has shown the growth rate of 8.2% during (2022 - 2028). There are many experts who states that some fragrances cause the neurological system to react by activating smell receptors in the nose. This in turn enhances the emotional control centre of the brain, causing the generation of feel-good hormones like dopamine. Therefore, the pain management segment's demand for aromatherapy products is projected to rise as more people develop musculoskeletal ailments like orthopaedic degenerative disorders, osteoarthritis, arthritis, and rheumatoid arthritis.
The Direct Distribution segment is generating maximum revenue share in the Global Aromatherapy Products Market by Distribution Channel in 2021 thereby, achieving a market value of $1.4 billion by 2028. Aromatherapy product uses a variety of techniques through direct-to-customer comprises both the retail and e-commerce sectors. The retail industry is projected to develop as a result of factors including simplicity of purchase and the accessibility of products for trial before purchase.
The North America market dominated the Global Aromatherapy Products Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1.4 billion by 2028. The Europe market is exhibiting a CAGR of 8% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 8.9% during (2022 - 2028).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
By Distribution Channel
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