Aromatherapy Market to Amount to USD 2.35 Bn by 2025, Expects Grand View Research in Its Topical Research Study Available at MarketPublishers.com
11 Oct 2017 • by Natalie Aster
LONDON – Globally, the aromatherapy market is set to follow an upward trend in the foreseeable future and climb to the value of USD 2.35 billion in 2025, propelled by constantly enhancing awareness of various therapeutic benefits of essential oils.
In 2016, the mammoth share of the total market belonged to consumables, owing to the high therapeutic value of aromatherapy products. In the same year, the total aromatherapy market was led by the topical application, due to a slew of therapeutic applications available for the target population. Moreover, the relaxation segment contributed the highest revenue share in 2016, due to constantly increasing number of people suffered from stress and anxiety disorders.
In the years to come, expanding availability of novel diffusers with advanced features will likely encourage robust growth in the equipment segment. Furthermore, rising incidence of skin allergies is expected to drive uptake in the skin and hair care segment through 2025.
In the past year, the world’s aromatherapy market was led by North America, due to robust growth of retailing in the aromatherapy field.
In0demand topical research report “Aromatherapy Market Analysis By Product, By Mode of Delivery, By Application, And Segment Forecasts, 2014 – 2025” provided by Grand View Research includes a profound analysis of the on-going situation in the market for aromatherapy at different geographical scales. It offers a detailed market segmentation analysis (by product type and by application). The report also delves deep into the market landscape, canvasses aromatherapy market development trends, comprises SWOT analysis and Porter’s five forces analysis, examines the market dynamics, focuses on the main growth drivers, challenges, opportunities and restraints. This insightful report also discusses the competitive scenario, profiles dominant market participants and gives future forecasts for the aromatherapy market up till 2025.
Many other research publications drawn up by Grand View Research are available in the publisher's online catalogue.