Product Code: GVR-3-68038-431-4
Aromatherapy Carrier Oil Market Growth & Trends:
The global aromatherapy carrier oil market size is expected to reach USD 2.76 billion by 2030 , according to a new report by Grand View Research, Inc.., registering a CAGR of 10.4% from 2023 to 2030. Growing awareness and increasing use of therapeutic carrier oils has led to high market growth. Aromatherapy is considered an alternative to medicinal therapy for treatment of a wide range of conditions. Thus, with growing awareness about the field of alternative & complementary medicine, therapeutic-grade carrier oils are increasingly being adopted due to their healing properties.
In addition, adoption of natural products has increased as a number of adverse effects are associated with pharmaceutical products. For instance, apricot kernel oil is widely used for skin & hair care and scar & pain management as well as in manufacturing of soaps.
Aromatherapy products such as carrier oils have also been proven to be highly effective in pain management and healing of wounds & cuts. These products consist of healing as well as antibacterial properties.
Aromatherapy Carrier Oil Market Report Highlights:
- Cosmetics segment dominated the aromatherapy carrier oils market in 2022 and is anticipated to grow at a lucrative rate during the forecast period owing to increase in incidence of skin and hair problems
- Medical segment also held significant share in 2022 owing to growing awareness about the various types of therapeutic-grade products availabl
- Rapid industrialization and increasing consumer awareness regarding new medical practices have led to an increase in demand for these products globally
- In 2022, personal care segment was expected to witness lucrative CAGR over the forecast period owing to increase in use of carrier oils as a base for manufacturing soaps
- North America held the largest market share in 2022 owing to rise in the number of key players introducing therapeutic grade products in the U.S.
- Lucrative trading opportunities have led to an increase in growth potential of the European market
- Asia Pacific is projected to exhibit significant growth rate over the forecast period due to growing awareness pertaining to aromatherapy as well as rise in incidence of skin disorders in this region
- Some of the key companies are Edens Garden, Rocky Mountain Oils, Plant Therapy Essential Oils, Falcon Essential Oils, FLORIHANA, and Moksha Lifestyle Products
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Application
- 1.1.2. Regional scope
- 1.1.3. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.7. List of Secondary Sources
- 1.8. List of Primary Sources
- 1.9. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Application outlook
- 2.2.2. Regional outlook
- 2.3. Competitive Insights
Chapter 3. Aromatherapy Carrier Oil Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Market Dynamics
- 3.3.1. Market driver analysis
- 3.3.2. Market restraint analysis
- 3.4. Aromatherapy Carrier Oil Market Analysis Tools
- 3.4.1. Industry Analysis - Porter's
- 3.4.1.1. Supplier power
- 3.4.1.2. Buyer power
- 3.4.1.3. Substitution threat
- 3.4.1.4. Threat of new entrant
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Technological landscape
- 3.4.2.3. Economic landscape
Chapter 4. Aromatherapy Carrier Oil: Application Estimates & Trend Analysis
- 4.1. Aromatherapy Carrier Oil Market: Key Takeaways
- 4.2. Aromatherapy Carrier Oil Market: Movement & Market Share Analysis, 2022 & 2030
- 4.3. Cosmetic
- 4.3.1. Cosmetic market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.3.2. Skin care
- 4.3.2.1. Skin care market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.3.3. Others
- 4.3.3.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4. Personal Care
- 4.4.1. Personal care market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4.2. Household
- 4.4.2.1. Household market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4.3. Soap
- 4.4.3.1. Soap market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5. Food and Beverages
- 4.5.1. Food & beverages market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.6. Medical
- 4.6.1. Medical market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.6.2. Pain Management
- 4.6.2.1. Pain management market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.6.3. Cold & Cough
- 4.6.3.1. Cold & cough market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.6.4. Others
- 4.6.4.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 5. Aromatherapy Carrier Oil Market: Regional Estimates & Trend Analysis
- 5.1. Regional Outlook
- 5.2. Aromatherapy Carrier Oil Market by Region: Key Takeaways
- 5.3. North America
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.3.2. U.S.
- 5.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.3.3. Canada
- 5.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.4. Europe
- 5.4.1. UK
- 5.4.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.4.2. Germany
- 5.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.4.3. France
- 5.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.4.4. Italy
- 5.4.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.4.5. Spain
- 5.4.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.4.6. Sweden
- 5.4.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.4.7. Norway
- 5.4.7.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.4.8. Denmark
- 5.4.8.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.5. Asia Pacific
- 5.5.1. Japan
- 5.5.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.5.2. China
- 5.5.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.5.3. India
- 5.5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.5.4. Australia
- 5.5.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.5.5. Thailand
- 5.5.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.5.6. South Korea
- 5.5.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.6. Latin America
- 5.6.1. Brazil
- 5.6.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.6.2. Mexico
- 5.6.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.6.3. Argentina
- 5.6.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.7. MEA
- 5.7.1. South Africa
- 5.7.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.7.2. Saudi Arabia
- 5.7.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.7.3. UAE
- 5.7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 5.7.4. Kuwait
- 5.7.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
Chapter 6. Competitive Landscape
- 6.1. Recent Developments & Impact Analysis, By Key Market Participants
- 6.2. Market Participant Categorization
- 6.2.1. Edens Garden
- 6.2.1.1. Company overview
- 6.2.1.2. Financial performance
- 6.2.1.3. Product benchmarking
- 6.2.1.4. Strategic initiatives
- 6.2.2. Rocky Mountain Oils, LLC
- 6.2.2.1. Company overview
- 6.2.2.2. Financial performance
- 6.2.2.3. Product benchmarking
- 6.2.2.4. Strategic initiatives
- 6.2.3. Plant Therapy
- 6.2.3.1. Company overview
- 6.2.3.2. Financial performance
- 6.2.3.3. Product benchmarking
- 6.2.3.4. Strategic initiatives
- 6.2.4. Falcon
- 6.2.4.1. Company overview
- 6.2.4.2. Financial performance
- 6.2.4.3. Product benchmarking
- 6.2.4.4. Strategic initiatives
- 6.2.5. Florihana Distillerie
- 6.2.5.1. Company overview
- 6.2.5.2. Financial performance
- 6.2.5.3. Product benchmarking
- 6.2.5.4. Strategic initiatives
- 6.2.6. Moksha Lifestyle Products
- 6.2.6.1. Company overview
- 6.2.6.2. Financial performance
- 6.2.6.3. Product benchmarking
- 6.2.6.4. Strategic initiatives