Brazil Aromatherapy Market Size & Outlook, 2023-2030
Brazil aromatherapy market, 2018-2030 (US$M)
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Brazil aromatherapy market highlights
- The Brazil aromatherapy market generated a revenue of USD 187.7 million in 2023 and is expected to reach USD 335.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 8.7% 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 187.7 million |
| Market revenue in 2030 | USD 335.7 million |
| Growth rate | 8.7% (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, Brazil accounted for 2.2% 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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Brazil 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 43.79% in 2023. Horizon Databook has segmented the Brazil aromatherapy market based on topical application, direct inhalation, aerial diffusion covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil's wellness industry has been growing rapidly in recent years, driven by several factors. Firstly, the country's rapidly expanding middle class has become increasingly health-conscious and willing to invest in wellness products and services.
Secondly, there has been a growing trend toward alternative and natural therapies, such as aromatherapy and herbal medicine, which has further boosted the demand for wellness services. In addition, the Brazilian government has been promoting public health and healthy lifestyles, which has helped raise awareness of the importance of wellness, thereby driving the wellness industry.
Moreover, the launch of new spa facilities in the country is driving the aromatherapy market. For instance, in April 2024, Rosewood Sao Paulo introduced the Asaya Spa by Guerlain, a creation of Philippe Starck. This spa's offerings blend Brazilian traditions and rituals with the skincare and regenerative treatments from Guerlain, a Paris-based brand.
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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 Brazil aromatherapy market , including forecasts for subscribers. This country databook contains high-level insights into Brazil aromatherapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil aromatherapy market size, by mode of delivery, 2018-2030 (US$M)
Brazil Aromatherapy Market Outlook Share, 2023 & 2030 (US$M)
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