Aromatherapy Market Size, Share, Growth Analysis, By Product(Consumables and equipment), By Mode of delivery(Aerial diffusion, topical application, and direct inhalation), By Application(Relaxation, skin & hair care, pain management, scar management), By Distribution channel(DTC, and B2B), By End-use(Home use, spa & wellness centers, hospitals & clinics, and yoga & meditation centers), By Region - Industry Forecast 2024-2031

Global Aromatherapy Market size was valued at USD 2.77 billion in 2021 and is poised to grow from USD 3.08 billion in 2022 to USD 7.2 billion by 2030, growing at a CAGR of 11.2% in the forecast period (2023-2030).

Aromatherapy is a complementary medicine that aids in the recovery from a variety of disorders, including pain, cardiovascular disorders, respiratory disorders, skin-related issues, cold and cough, digestion issues, immune system dysfunction, insomnia, anxiety, and wounds. The growing demand for aromatherapy among women due to skin concerns such as acne and scars is expected to grow the aromatherapy market during the forecast period. The incidence of various chronic conditions among the population is rapidly increasing. Healthcare costs are high, so consumers are turning to preventive care and alternative care products. Aromatherapy is becoming more popular as a preventive care product due to the numerous health and therapeutic benefits associated with it. Its demand is increasing due to the growing popularity of wellness tourism. The sedentary lifestyles, high-stress and hectic life schedules, and rising number of various physical and mental disorders are driving the growth of the wellness tourism industry, which is expected to drive the growth of the global aromatherapy market over the forecast period. However, stringent approval requirements for new essential oils are posing significant challenges to market development, as manufacturers must specify the indication for which the essential oil is intended, such as therapeutic grade or cosmetic grade.