Dublin, Sept. 06, 2022 (GLOBE NEWSWIRE) -- The "Global 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 Regional Outlook and Forecast, 2022 - 2028" report has been added to ResearchAndMarkets.com's offering.
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.
Aromatherapy is indeed the therapeutic utilization aromatic compounds (essential oils) for medicinal purposes, as described by The National Association for Holistic Aromatherapy (NAHA). People are looking for stress-relieving and soothing therapies due to an increase in busy lifestyles and stressful schedules. Certain essential oils, including rose, mandarin, and lavender, have a calming and energizing influence on the body and mind. During spa and aromatherapy treatments, oils like lavender, noted for its powerful aroma, are employed.
The market for aromatherapy products is expected to be driven by the rising incidence of skin conditions. People with skin rashes usually use aromatherapy because it hydrates the skin and reduces inflammation. Due of the drawbacks of synthetic products, consumers may not always choose them. The antibacterial, antifungal, and antiseptic properties of essential and carrier oils can be used to treat a variety of skin and hair conditions.
Market Growth Factors
Health Benefits Offered By Aromatherapy
It has been demonstrated that aromatherapy helps people feel less stressed, depressed, and anxious. Along with its role in reducing motion sickness, weight control, and supporting healthy liver and gallbladder functions, aromatherapy also has a way of healing respiratory problems, nervous system disorders, cardiovascular diseases, and gastrointestinal infections. The most important aspect that is anticipated to propel the market's overall expansion is the rising utilization of aromatherapy for a variety of health benefits. The market's expansion is also expected to be tempered by the e-commerce sector's explosive rise, which can be attributed to the convenience of online shopping and the availability of a large variety of goods.
Increasing Popularity Of Aromatherapy
Essential oil treatment is another name for aromatherapy. Customers are now more picky about how they utilize personal care products than they were ten years ago. Although there are numerous products that are comparable, high-quality goods and affordable rates will create product loyalty and please customers. Hence, it is anticipated that increasing spending on research and development of better products, procedures, services, and technologies will have a favourable impact on market growth. The hospitality and tourism sectors' strong growth incentives have made more of aromatherapy's advantages accessible to regular consumers.