Aromatherapy Diffusers Market Analysis: Key Players and Competitive Landscape Overview
The global aromatherapy diffusers market size is expected to reach USD 3,192.3 million by 2030, registering a CAGR of 8.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. The numerous health benefits associated with essential oils are projected to fuel the growth. Rising demand for aromatherapy diffusers at homes, commercial spaces, and hotels is expected to further fuel the product demand.
Increasing awareness regarding the key benefits of aromatherapy including reduction in stress relief, depression, and anxiety, particularly in the emerging markets is anticipated to boost the product demand. In addition, positive outlook of the global essential oils market coupled with versatile properties to heal different types of diseases has led to the increased consumption of aromatherapy diffusers. Increasing consumer spending on spa vacations and treatments is expected to boost the demand for aromatherapy diffusers. Several other end-users areas include households, workspaces, and vehicles that utilize diffusers that release fragrant oils to create soothing olfactory ambiance.
Key players operating in the market include Young Living Essential Oils, NOW Foods, and dATERRA International. These companies have evolved to become the major players in essential oils production. Moreover, with an aim to serve a larger customer base, they are trying to expand their product portfolio by focusing on developing newer accessories suiting the consumer needs.
Gather more insights about the market drivers, restrains and growth of the Aromatherapy Diffusers Market
Aromatherapy Diffusers Market Report Highlights
- The ultrasonic product segment held a significant share of 66.9% in 2023 owing to the ability of the product, to retain the therapeutic properties of essential oils and create a pleasing ambience
- Nebulizer is expected to be the fastest growing product segment over the forecast period, owing to technological advancements and enhanced diffusion offered by the product without losing the therapeutic value of essential oils
- Rising preference for natural ingredients for the treatment of anxiety, stress, and depression has led to an increased consumption of essential oils in North America; driving the diffusers penetration across medical and healthcare sector
- Europe is a major producer and consumers of essential oils, such as lavender, coriander, rosemary, and citrus oils owing to rising demand for natural and organic cosmetics, medicines, and nutraceuticals
- A large and unregulated domestic market is present in Asia Pacific and the Middle East, which has been posing a threat to major multinational corporations, in terms of the low-cost technology offered, creating a price gap in the global market
List of Key Players of Aromatherapy Diffusers Market
- Young Living Essential Oils
- NOW Foods
- doTERRA International
- SpaRoom
- Muji
- GreenAir, Inc
- Vitruvi
- ESCENTS
- Organic Aromas
- Puzhen
- Ellia
- Pilgrim
- Edens Garden
- NOW Foods
- Rocky Mountain Oils, LLC
- Helias Oils
- Stadler Form
Order a free sample PDF of the Aromatherapy Diffusers Market Intelligence Study, published by Grand View Research.
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