India Aromatherapy Market Size & Outlook, 2023-2030
India aromatherapy market, 2018-2030 (US$M)
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India aromatherapy market highlights
- The India aromatherapy market generated a revenue of USD 260.1 million in 2023 and is expected to reach USD 555.9 million by 2030.
- The India market is expected to grow at a CAGR of 11.5% 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 260.1 million |
| Market revenue in 2030 | USD 555.9 million |
| Growth rate | 11.5% (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, India accounted for 3.0% 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 |
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India 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 42.75% in 2023. Horizon Databook has segmented the India aromatherapy market based on topical application, direct inhalation, aerial diffusion covering the revenue growth of each sub-segment from 2018 to 2030.
India has been witnessing population growth, thereby the requirement for healthcare facilities is high. To improve the healthcare infrastructure, the government has been investing heavily in constructing new hospitals. In February 2024, the government of India started construction of a 750-bed hospital complex in Rewari, Haryana, with different types of housing facilities.
This initiative is undertaken to strengthen the public health infrastructure and strengthen the citizen-centric health services. In addition, the government has been investing to undertake expansion of existing hospital facilities, to improve the healthcare infrastructure holistically.
For instance, the government has undertaken capacity expansion work at LNJP hospital in July 2023, which will increase the bed capacity from approximately 2,000 to 3,500 beds in the capital city, Delhi. Aromatherapy is a complementary therapy that uses essential oils to promote physical and emotional well-being.
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Our clientele includes a mix of aromatherapy market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 country-level data and insights on the India aromatherapy market , including forecasts for subscribers. This country databook contains high-level insights into India aromatherapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India aromatherapy market size, by mode of delivery, 2018-2030 (US$M)
India Aromatherapy Market Outlook Share, 2023 & 2030 (US$M)
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