South Africa Aromatherapy Market Size & Outlook, 2023-2030
South Africa aromatherapy market, 2018-2030 (US$M)
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South Africa aromatherapy market highlights
- The South Africa aromatherapy market generated a revenue of USD 76.7 million in 2023 and is expected to reach USD 145.8 million by 2030.
- The South Africa market is expected to grow at a CAGR of 9.6% 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 76.7 million |
| Market revenue in 2030 | USD 145.8 million |
| Growth rate | 9.6% (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, South Africa 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 |
|---|
South Africa 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 44.33% in 2023. Horizon Databook has segmented the South Africa aromatherapy market based on topical application, direct inhalation, aerial diffusion covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa, along with numerous other low-to-middle-income countries, faces a significant challenge related to mental health issues. According to a research paper published in Elsevier in April 2024, under comprehensive psychiatry, the prevalence of mental health disorders in South Africa is the highest in the world with a variety of elements playing a role in this extensive mental health burden in the country.
Factors such as early life trauma and poverty, along with the lack of job opportunities, the impact of HIV/AIDS, and a backdrop of historical political and social turmoil are significant contributors to these mental disorders.
Moreover, the country experiences a high rate of traumatic experiences that further worsen the situation by increasing the likelihood of mental health problems in South Africa. Hence, due to the prevalence of mental health disorders, the demand for aromatherapy is expected to remain high in the country in the coming years.
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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 South Africa aromatherapy market , including forecasts for subscribers. This country databook contains high-level insights into South Africa aromatherapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa aromatherapy market size, by mode of delivery, 2018-2030 (US$M)
South Africa Aromatherapy Market Outlook Share, 2023 & 2030 (US$M)
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