Aromatherapy Oil Market Size, Share, Growth, and Industry Growth By Type (Orange, Citronella, Corn Mint, Eucalyptus, Clove Leaf, Lemon, and Others), By Application (Pharmaceutical, Cosmetics & Personal Care Products, Spa & Salon Products, and Others), Regional Insights and Forecast From 2025 To 2033
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AROMATHERAPY OIL MARKET OVERVIEW
In 2024, the aromatherapy oil market reached a value of USD 2.01 billion, and it is projected to surge to USD 2.72 billion by 2033, CAGR of 3.4% during the forecast period from 2025 To 2033.
Europe is dominating the aromatherapy oil market share in 2025.
Aromatherapy oil or essential oil refers to oils that are made from aromatic plant compounds and are used for range of traditional, complementary, or alternative therapies. Aromatherapy is a holistic healing treatment that uses plant extracts to support health and well-being. The essential oils used for therapy are used to improve the health of mind, body, and spirit. It helps in enhancing mental and physical health. There are over hundreds of different types of essential oils that are available. Every oil has unique healing properties, effects, and uses as they create synergistic blend.
The growing demand for aromatherapy oil is due to increasing demand from end-user industries such as medicines, drugs, personal care, and cosmetics. Increasing consumer awareness for personal care products and their benefits is creating an inclination towards essential oils. Health benefits of essential oils is anticipated to create and drive the demand in pharmaceutical and medical industries. Demand for organic products is also influencing consumer trends.
COVID-19 IMPACT
Online Retail to Obstruct Market Growth
The effects of the COVID-19 pandemic are already being felt on a global level, the global aromatherapy oil market was significantly influenced. The outbreak of COVID-19 had a negative impact on several markets. Various countries went into lockdown. With sudden pandemic, all kinds of businesses observed disruptions. With many restrictions in the pandemic, different types of markets were negatively impacted. Pandemic positively affected the market for essential oils, as there has been an increase in demand for essential oils. Online retail supported the sales and also to create demand owing to their advantages. Pandemic also raised the awareness about the advantages amongst the population about oils body’s immunity. This propelled the growth for the product and led to increase the sales of various essential oils. To recover from the pandemic, market players operating in the market focused on their production and supply chain strategies.
LATEST TRENDS
Increasing Applications to Boost Market Development
Growing trend and increasing applications of aromatherapy oil is estimated to surge the growth of the global aromatherapy oil market. Traditionally, essential oils were used in food and beverage industry and in aromatherapy. Increasing applications in various industries such as pharmaceuticals, personal care, and cosmetics. They are now being used in hand-sanitizers, essential oils are being infused in hand sanitizers and related products such as sanitizer wipes. Such increasing applications in various industries is anticipated to drive the market and pose opportunity for the market.
AROMATHERAPY OIL MARKET SEGMENTATION
By Type
Based on type; the market is divided into orange, citronella, eucalyptus, clove leaf, corn mint, lemon, and others.
Orange oil is the leading part of the type segment.
By Application
Based on the application; the market is divided into pharmaceutical, spa & salon products, cosmetics & personal care products, household cleaning products, and others.
Spa & salon products are the leading part of the application segment.
DRIVING FACTORS
Health Benefits of Product to Boost Market Growth
The global aromatherapy oil market growth is anticipated to surge due to various health benefits offered by essential oils. Rising demand for natural and organic products and health-conscious consumers is further expected to drive the market demand. Health benefits to improve mental and physical health; mind, spirit, and body. Doctors in some countries also use natural botanicals to treat illness, manage pain, soothe sore joints, reduce stress, treats headaches, improves digestion, and other various health benefits. Due to such health benefits demand for aromatherapy oil is projected to drive the market demand.
Increasing Demand for Aromatherapy to Inflate Market Performance
The popularity of aromatherapy is rising due to growing preference for aromatherapy. Essential oils help in physiological and psychological well-being. Until now, aromatherapy was considered as a complementary therapy but now it is a mainstream therapy owing to increase in disposable income and standard of living. As incomes have increased consumer preferences for sophisticated products. It is also becoming a symbol of luxury in spa industry, which is anticipated to fuel the demand in the aromatherapy oil market.
RESTRAINING FACTORS
High Prices to Hamper Market Growth
There are a number of factors that can push the growth of the aromatherapy oil market. Restraining factors such as high prices of aromatherapy oil is expected to restrain the market demand. Flowers, extracts, and plants are very costly. Decreasing supplies of aromatic plants can pose a greater risk in producing aromatherapy oil. Such factors are anticipated to restrict market growth.
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AROMATHERAPY OIL MARKET REGIONAL INSIGHTS
Europe to Dominate Market Due to Increasing Applications in End-User Industries
Europe holds the largest part of the global aromatherapy oil market share due to increasing end-user industries. Rising awareness regarding the health benefits of oils amongst consumers is anticipated to drive the market demand. Presence of various organizations and market players has benefitted the interests of consumers. Manufacturers in the region are heavily inclined to include various types of oils in their formulations. Growing demand from Germany, the U.K., and France is projected to drive the market.
KEY INDUSTRY PLAYERS
New Projects by Market Players to Boost Market Growth
The report delivers information about the list of market players and their operations in the industry. The information is collected and reported with proper research, technological developments, acquisitions, mergers, expanding production lines, and partnerships. Other aspects examined for this market include companies producing and introducing new products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.
List of Top Aromatherapy Oil Companies
- Essential Oils of New Zealand (New Zealand)
- Farotti Essenze (Italy)
- Falcon (India)
- H. Reynaud & Fils (HRF) (France)
- The Lebermuth Company (U.S.)
- Moksha Lifestyle Products (India)
- Young Living Essential Oils (U.S.)
- Ungerer Limited (U.S.)
REPORT COVERAGE
This research profiles a report with extensive studies that take into description of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes.
Attributes | Details |
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Market Size Value In |
US$ 2.01 Billion in 2024 |
Market Size Value By |
US$ 2.72 Billion by 2033 |
Growth Rate |
CAGR of 3.4% from 2024 to 2033 |
Forecast Period |
2025-2033 |
Base Year |
2024 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
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By Type
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By Application
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FAQs
The global aromatherapy oil market is expected to reach USD 2.72 billion by 2033.
The aromatherapy oil market is expected to exhibit a CAGR of 3.4% by 2033.
Drivers of this aromatherapy oil market are health benefits of product and increasing demand for aromatherapy.
Essential Oils of New Zealand, Farotti Essenze, Falcon, H. Reynaud & Fils (HRF), The Lebermuth Company, Moksha Lifestyle Products, Young Living Essential Oils, and Ungerer Limited is the key company operating in the aromatherapy oil market.