Report ID: SQMIG30L2128
Report ID:
SQMIG30L2128 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
146 |
Figures:
78
In 2022, North America dominated the global aromatherapy market. The increased prevalence of various physical and mental disorders in North America contributed to a rise in demand for aromatherapy. Furthermore, healthcare costs are significantly higher in North America, so people are turning towards preventive care and natural alternatives to drugs. Consumers increased awareness of the advantages of essential oils and aromatherapy is significantly driving essential oil and aromatherapy market revenue share, which in turn driving the global aromatherapy market growth. The increasing demand for wellness tourism is propelling the market growth during the analysis period. However, more than half of the US population is assumed to be suffering from one or more chronic conditions.
During the forecast period, Asia Pacific is expected to expand rapidly. The high popularity of various spas and aromatherapy centres in the region to attract wellness medical tourists is significantly boosting aromatherapy market growth. The increasing prevalence of various ailments, as well as growing awareness about the benefits of aromatherapy in the treatment of various ailments, are expected to drive the aromatherapy market during the forecast period.
Aromatherapy's growing popularity as a therapeutic and pharmaceutical alternative is expected to propel market expansion in Europe. With a high prevalence of chronic pain and depression in Europe, there is a high demand for aromatherapy oils among the European population.
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Report ID: SQMIG30L2128