Europe Aromatherapy Market Size & Outlook, 2023-2030
Europe aromatherapy market, 2018-2030 (US$M)
Related Markets
Europe aromatherapy market highlights
- The Europe aromatherapy market generated a revenue of USD 2,311.5 million in 2023.
- The market is expected to grow at a CAGR of 8.1% 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.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 2,311.5 million |
| Market revenue in 2030 | USD 3,984.6 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Topical application |
| Fastest growing segment | Direct Inhalation |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 26.9% of the global aromatherapy market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,800.7 million by 2030.
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Aromatherapy Market Scope
Aromatherapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 43.11% in 2023. Horizon Databook has segmented the Europe aromatherapy market based on topical application, direct inhalation, aerial diffusion covering the revenue growth of each sub-segment from 2018 to 2030.
Healthy living and wellness have been on the rise across Europe. With fast-paced and hectic life schedules, many individuals have realized the need for stress relief and investing to take care of their physical and mental well-being.
This has led to an increased awareness and adoption of various health practices, such as meditation, yoga, and aromatherapy. Customers are now becoming more conscious of their health and are taking a more proactive approach toward it. They are making conscious choices to lead a healthier lifestyle and are willing to invest in products and services that promote wellness.
Moreover, the rising lifestyle-related health disorders, such as depression, anxiety, and chronic stress, is leading to a greater demand for supplementary natural ingredient-based therapies, which help alleviate the symptoms of such diseases without creating side effects.
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Our clientele includes a mix of aromatherapy market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe aromatherapy market , including forecasts for subscribers. This continent databook contains high-level insights into Europe aromatherapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe aromatherapy market size, by country, 2018-2030 (US$M)
Europe Aromatherapy Market Outlook Share, 2023 & 2030 (US$M)
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