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What are Major Factors Driving Growth of Aromatherapy Market?

According to a P&S Intelligence report, the global aromatherapy market is predicted to attain a revenue of $2,343.0 million by 2025, increasing from $1,152.8 million in 2017, exhibiting a 9.4% CAGR during the forecast period (2018u20132025). The market is growing due to the rising prevalence of lifestyle related diseases, increasing utilization of aromatherapy at-home, growing awareness regarding therapeutic usage of essential oils, and surging consumer preference for natural products.

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What are Major Factors Driving Growth of Aromatherapy Market?

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  1. Healthcare © P&S Intelligence. All rights reserved Page 1

  2. How is Increasing Awareness regarding Benefits of Essential Oils Driving Aromatherapy Market? According to a P&S Intelligence report, the global aromatherapy market is predicted to attain a revenue of $2,343.0 million by 2025, increasing from $1,152.8 million in 2017, exhibiting a 9.4% CAGR during the forecast period (2018–2025). The market is growing due to the rising prevalence of lifestyle related diseases, increasing utilization of aromatherapy at-home, growing awareness regarding therapeutic usage of essential oils, and surging consumer preference for natural products. Receive Sample Copy of this Report: https://www.psmarketresearch.com/market- analysis/aromatherapy-market/report-sample Among all these, the topical application classification dominated the market in 2017, due to the rising application of aromatherapy oils for several skin-related problems. These oils can be dilutes in carrier oil or cream for application on the afflicted areas of the body. On the basis of application, the market is categorized into scar management, relaxation, insomnia, cold and cough, pain management, and skin & hair care. Out of these, the relaxation category accounted to the largest share of the market in the past, owing to the rising prevalence of anxiety and stress among people. Make an Enquiry before Purchase: https://www.psmarketresearch.com/send-enquiry?enquiry- url=aromatherapy-market Geographically, the aromatherapy market is being dominated by North America, because of the rising consumption of essential oils for therapeutic purposes. The Asia-Pacific region is predicted to register the fastest growth during the forecast period due to the surging awareness regarding health benefits of aromatherapy, rising trade of essential oils in and outside, and increased production of essential oils in various countries in the region. The expansion of the medical tourism industry in the region is also expected to drive the regional market during the forecast period. Other than this, the awareness regarding the benefits of essential oils is also expected to result in the growth of the aromatherapy market during the forecast period. Essential oils are non-toxic in nature and are safe for both topical use and inhalation, as they are extracted from natural sources and are also processed naturally. People are further becoming aware regarding the therapeutic use of these oils, owing to which are adopting them increasingly. The negative effective of pharmaceutical products is also compelling people to look for natural products, thereby resulting in the growth of the industry. © P&S Intelligence. All rights reserved Page 2

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