Market revenue in 2023 | USD 485.7 million |
Market revenue in 2030 | USD 800.7 million |
Growth rate | 7.4% (CAGR from 2023 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 |
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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 42.23% in 2023. Horizon Databook has segmented the Germany aromatherapy market based on topical application, direct inhalation, aerial diffusion covering the revenue growth of each sub-segment from 2018 to 2030.
In recent years, aromatherapy has gained popularity in the German healthcare industry as a natural and non-invasive way to reduce anxiety, stress, and pain. Hospitals use it to reduce pain and anxiety levels in patients undergoing medical procedures or recovering from surgery. Essential oils like lavender and peppermint are known to have analgesic and anxiolytic effects, making them effective in treating pain and anxiety.
Additionally, hospitals use aromatherapy to improve sleep quality, reduce nausea and vomiting, and promote relaxation in patients with different psychological disorders. Furthermore, with growing disposable incomes, patients are willing to invest in health and wellness products, as part of their selfcare practices.
Thus, the growing preference for organic substances to alleviate stress is likely to drive the demand for aromatherapy products in the country. Moreover, the data published by the European Commission's Country Health Profile for Germany in 2023 reported that 18% of Germans experienced a mental health condition, which is slightly higher than the EU average of 17%.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany aromatherapy market , including forecasts for subscribers. This country databook contains high-level insights into Germany aromatherapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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