Australia Aromatherapy Market Size & Outlook, 2023-2030
Australia aromatherapy market, 2018-2030 (US$M)
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Australia aromatherapy market highlights
- The Australia aromatherapy market generated a revenue of USD 81.2 million in 2023 and is expected to reach USD 150.2 million by 2030.
- The Australia market is expected to grow at a CAGR of 9.2% 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 81.2 million |
| Market revenue in 2030 | USD 150.2 million |
| Growth rate | 9.2% (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, Australia accounted for 0.9% 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 Asia Pacific, China aromatherapy market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,289.9 million by 2030.
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Aromatherapy Market Scope
Aromatherapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia 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 39.16% in 2023. Horizon Databook has segmented the Australia aromatherapy market based on topical application, direct inhalation, aerial diffusion covering the revenue growth of each sub-segment from 2018 to 2030.
As Australia has been witnessing population growth, it is investing increasingly in the development of healthcare infrastructure, including the construction and expansion of hospitals and clinics. In April 2024, the construction of a new hospital commenced in Adelaide to be developed at a cost of USD 3.2 billion.
In addition, the construction of the new Northern Private Hospital also began in January 2022. These new hospitals are expected to deliver extensive medical, surgical, and mental health services to the northern region of the country.
Aromatherapy is a form of therapy that employs the use of essential oils to enhance the physical and emotional wellbeing of individuals. In medical settings such as hospitals, it is utilized to alleviate pain, anxiety, and stress, improve sleep quality, and increase the overall quality of life of patients.
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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 Australia aromatherapy market , including forecasts for subscribers. This country databook contains high-level insights into Australia aromatherapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia aromatherapy market size, by mode of delivery, 2018-2030 (US$M)
Australia Aromatherapy Market Outlook Share, 2023 & 2030 (US$M)
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