Argentina Aromatherapy Market Size & Outlook, 2023-2030
Argentina aromatherapy market, 2018-2030 (US$M)
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Argentina aromatherapy market highlights
- The Argentina aromatherapy market generated a revenue of USD 60.2 million in 2023 and is expected to reach USD 115.5 million by 2030.
- The Argentina market is expected to grow at a CAGR of 9.7% from 2024 to 2030.
- In terms of segment, topical application was the largest revenue generating mode of delivery in 2023.
- Direct Inhalation is the most lucrative mode of delivery segment registering the fastest growth during the forecast period.
Aromatherapy market data book summary
| Market revenue in 2023 | USD 60.2 million |
| Market revenue in 2030 | USD 115.5 million |
| Growth rate | 9.7% (CAGR from 2024 to 2030) |
| Largest segment | Topical application |
| Fastest growing segment | Direct Inhalation |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Topical Application, Direct Inhalation, Aerial Diffusion |
| Key market players worldwide | Procter & Gamble Co, Reckitt Benckiser Group PLC, Ryohin Keikaku Co Ltd, Rocky Mountain Oils, Plant Therapy, Falcons Beyond Global Inc Ordinary Shares - Class A, Pilgrims Pride Corp, SpaRoom, NOW Foods, Biolandes, EO Technics, DoTERRA, Young Living, Mountain Rose Herbs, Edens Garden, Stadler Form |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.7% of the global aromatherapy market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil aromatherapy market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 115.5 million by 2030.
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Aromatherapy Market Scope
Aromatherapy Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina aromatherapy market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aromatherapy market will help companies and investors design strategic landscapes.
Topical application was the largest segment with a revenue share of 43.69% in 2023. Horizon Databook has segmented the Argentina aromatherapy market based on topical application, direct inhalation, aerial diffusion covering the revenue growth of each sub-segment from 2018 to 2030.
The growing consumer awareness and acceptance of natural and alternative therapies are driving the aromatherapy market in Argentina. As awareness grows regarding the possible adverse effects of modern chemical-based medicines, there is a clear trend of embracing holistic health practices such as aromatherapy.
This natural, chemical-free method of reducing stress and enhancing well-being relies on the use of essential oils and plant extracts for therapeutic purposes, fitting perfectly with the movement toward organic health solutions.
Another factor contributing to the growth of the aromatherapy market in Argentina is the increasing presence of social media and digital marketing, which has made it easier for businesses to educate consumers about the benefits of aromatherapy as well as sell their products effectively.
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Our clientele includes a mix of aromatherapy market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina aromatherapy market , including forecasts for subscribers. This country databook contains high-level insights into Argentina aromatherapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina aromatherapy market size, by mode of delivery, 2018-2030 (US$M)
Argentina Aromatherapy Market Outlook Share, 2023 & 2030 (US$M)
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