Saudi Arabia Aromatherapy Market Size & Outlook, 2023-2030
Saudi Arabia aromatherapy market, 2018-2030 (US$M)
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Saudi Arabia aromatherapy market highlights
- The Saudi Arabia aromatherapy market generated a revenue of USD 78.3 million in 2023 and is expected to reach USD 149.8 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 9.7% 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 78.3 million |
| Market revenue in 2030 | USD 149.8 million |
| Growth rate | 9.7% (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 |
Other key industry trends
- In terms of revenue, Saudi Arabia 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 Middle East & Africa, Saudi Arabia aromatherapy market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 149.8 million by 2030.
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Aromatherapy Market Scope
Aromatherapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 43.68% in 2023. Horizon Databook has segmented the Saudi Arabia aromatherapy market based on topical application, direct inhalation, aerial diffusion covering the revenue growth of each sub-segment from 2018 to 2030.
Under the Vision 2030, the Government of Saudi Arabia has been investing increasingly in the construction of new hospitals. In January 2024, the International Trade Administration (ITA) released a report stating that as a part of Vision 2030, the Government of Saudi Arabia intends to allocate more than USD 65.0 billion toward enhancing its healthcare infrastructure.
The plan includes restructuring and privatizing healthcare services, as well as initiating 21 health clusters nationwide to bolster and broaden the healthcare system in Saudi Arabia. In addition, in April 2023, Dr. Sulaiman Al Habib Medical Group (HMG) declared its plan to invest USD 1.73 billion in the development of six new hospitals in the country in the coming two years, with three in 2024 and one in 2025.
The most significant among these will be the hospital in North Riyadh (Shamal Al Riyadh) that is to be developed at an estimated value of USD 586.5 million.
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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 Saudi Arabia aromatherapy market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia aromatherapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia aromatherapy market size, by mode of delivery, 2018-2030 (US$M)
Saudi Arabia Aromatherapy Market Outlook Share, 2023 & 2030 (US$M)
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