Aromatherapy Market Worth USD 8.06 Billion By 2026 At 8.1% CAGR – Report by Future Market Insights

Future Market Insights recently published a study on the global aromatherapy market, The market is expected to develop at a robust 8.1 percent CAGR and reach a valuation of US$ 8.06 billion by the end of 2026. The therapeutic effects of aromatherapy are predicted to grow in popularity over the next decade. Aromatherapy will be promoted in medical facilities that offer therapeutic treatments for common disorders such as sadness, anxiety, and headaches. The increasing popularity of aromatherapy will be supported by its usefulness in improving cognitive performance, strengthening immunity, lowering discomfort, improving digestion, and increasing blood circulation.

According to the survey, North America and Western Europe will continue to dominate the global aromatherapy market. Aromatherapy sales in these two regions will approach $4 billion by 2026. Nonetheless, with a CAGR of 9.7 percent, the aromatherapy market in Asia-Pacific excluding Japan (APEJ) will grow at the quickest rate. Aromatherapy sales are likely to skyrocket in Japan, whereas Latin America and the Middle East and Africa (MEA) are expected to grow moderately throughout the forecast period.

To remain ‘ahead’ of your competitors, request for a sample @ 

https://www.futuremarketinsights.com/reports/sample/rep-gb-1080

Higher Demand for Aromatherapy Consumables

Diffusers and other aroma extraction equipment for plant extracts will continue to be consumed at a lower rate than consumables. During the forecast period of 2016-2026, global revenues from the sale of aromatherapy consumables such as essential oils, carrier oils, and blended oils will account for more than 85 percent of total market sales. Aromatherapy equipment sales, on the other hand, are expected to grow at a 7.8 percent CAGR. By the end of 2026, global sales of aromatherapy consumables such as carrier oils and blended oils would have surpassed US$ 2.5 billion. Meanwhile, demand for evaporative diffusers will continue to outpace that of heat diffusers, nebulizing diffusers, and ultrasonic diffusers.

Skin & Hair Care – Prominent Application for Aromatherapy

The majority of people who seek aromatherapy expect to improve their physical appearance by taking use of the therapy’s benefits for skin regeneration and hair fall management. Aromatherapy in skin and hair care applications has produced an estimated US$ 837.9 million in global sales by the end of 2016.

Revenues are predicted to grow at an annual pace of 8.1 percent, topping $2 billion by the end of 2026. Aromatherapy is expected to grow in popularity as a treatment for insomnia, pain management, and scar management. Relaxation is also projected to be the most popular application of aromatherapy worldwide.

The majority of people who seek aromatherapy anticipate to improve their physical appearance by taking advantage of the therapy’s skin regeneration and hair fall management benefits. By the end of 2016, global sales of aromatherapy in skin and hair care applications were predicted to be $837.9 million USD. Revenues are expected to grow at an annual rate of 8.1%, surpassing $2 billion by the end of 2026. Aromatherapy will become more popular as a treatment for insomnia, pain management, and scar management. Relaxation is also expected to be the most popular aromatherapy application worldwide.

We Offer tailor-made Solutions to fit Your Requirements, Request Customization @ 

https://www.futuremarketinsights.com/customization-available/rep-gb-1080

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc

Christiana Corporate,

200 Continental Drive,

Suite 401, Newark,

Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse All Reports: https://www.futuremarketinsights.com/reports

LinkedIn| Twitter| Blogs