Aromatherapy Industry Trends, Development and Growth Report 2030

As per a report by P&S Intelligence, the aromatherapy market will advance at a 10.80% CAGR, and touch USD 4,248 million, by 2030. 

The growth of the industry is mainly attributed to the growing public consciousness of aromatherapy and rising wellness tourism activities.

Furthermore, there is an increasing requirement for stress-relieving and soothing therapies because of stressful schedules and busy lifestyles. The industry for such products is also boosted by the mounting prevalence of dermatological conditions, as aromatherapy hydrates the skin and lessens inflammation. 

In 2021, the consumables category, based on product, dominated the aromatherapy market, with approximately 79% share. This is credited to the increasing adoption of carrier oils and aromatic essential oils for treating numerous conditions.

In 2021, the relaxation category, based on application, held a 23% revenue share in the aromatherapy industry. This is attributed to the increasing number of individuals suffering mental instability and anxiety because of their chaotic lifestyles.

In 2021, the North American aromatherapy industry accounted for the largest share of the industry, of over 41%. 

Essential oils are being extensively adopted as a therapy for numerous medical conditions, for instance, skin-related problems, pain, cardiovascular disorders, cold & cough, digestion issues, respiratory disorders, anxiety, immune system dysfunction, wounds, and insomnia. 

Hence, it is because of the rising wellness tourism activities and growing public consciousness of aromatherapy all across the globe, the aromatherapy industry will continue to advance in the years to come.

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