'Aromatherapy market analysis' presentation slideshows

Aromatherapy market analysis - PowerPoint PPT Presentation

Aromatherapy Market to Expand at a CAGR of 7.7% by 2026

Aromatherapy Market to Expand at a CAGR of 7.7% by 2026

The consumables segment is anticipated to witness significant growth in the next decade attributed to the high efficiency and therapeutic grade of essential oils when inhaled directly or applied topically. The segment dominated the global aromatherapy market in revenue terms in 2015 and the growing trend of essential oils adoption in topical applications is projected to continue throughout the forecast period. The consumables segment accounted for more than 80% value share in 2015 and is likely to continue its growth through 2026, reaching a value of over US$ 4,000 Mn by the end of 2026. Consumables is projected to remain the dominant segment with a CAGR of 7.8% during the forecast period. This segment is estimated to create absolute $ opportunity of more than US$ 250 Mn in 2017 over 2016.

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Aromatherapy Market to be valued at US$ 4,000 Mn by 2026

Aromatherapy Market to be valued at US$ 4,000 Mn by 2026

The consumables segment is anticipated to witness significant growth in the next decade attributed to the high efficiency and therapeutic grade of essential oils when inhaled directly or applied topically. The segment dominated the global aromatherapy market in revenue terms in 2015 and the growing trend of essential oils adoption in topical applications is projected to continue throughout the forecast period. The consumables segment accounted for more than 80% value share in 2015 and is likely to continue its growth through 2026, reaching a value of over US$ 4,000 Mn by the end of 2026. Consumables is projected to remain the dominant segment with a CAGR of 7.8% during the forecast period. This segment is estimated to create absolute $ opportunity of more than US$ 250 Mn in 2017 over 2016.

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Aromatherapy Market to record a healthy 7.7% value CAGR by 2026

Aromatherapy Market to record a healthy 7.7% value CAGR by 2026

A recent study of Future Market Insights (FMI) envisages the aromatherapy market to record a healthy 7.7% value CAGR and reach US$ 8,058.5 million valuation between the period of forecast 2016 and 2026. The market is expected to experience promising growth in the near future, mainly due to the increasing health and wellness trend, and popularity of the direct sales channel. Medical centers offering therapeutic treatments have initiated promotions for the use of aromatherapy in the treatment of generic ailments such as headaches, anxiety and depression. Increasing preference for aromatherapy will also be instrumented by its efficiency in boosting cognitive performance, increasing blood circulation, strengthening immunity, improving digestion and reducing pain.

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