The aromatherapy diffuser market is set to grow at an impressive 10% CAGR through the e-commerce sales channel through 2029 - KSU


The support of the scientific community in demonstrating the mental health benefits of aromatherapy has had a positive impact on the aromatherapy diffuser market. The resulting prevalence of aromatherapy among millennial consumers is driving demand for aromatherapy diffusers over the forecast period (2019-2029). Consumer trends such as meditation and spa and salon services will accelerate the growth in demand for aromatherapy diffusers. The worldwide aromatherapy diffuser market will grow at an excellent growth rate of more than 8% through 2029. Consumer trends aside, favorable government regulations for growing plants that exude aromatic compounds are proving to be a boon to aromatherapy diffuser manufacturers.

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Key Findings on the Aromatherapy Diffuser Market Study

  • Ultrasonic aromatherapy diffusers will double during prognosis. Due to the use of electricity and water as the transmission mechanism, ultrasonic diffusers are expected to attract consumers by 2029.
  • Ecommerce sales channels will see tremendous growth between 2019 and 2029 with a CAGR of over 10%. Because of its low availability and competitive discounts, e-commerce is the key channel for future growth opportunities.
  • The high net worth incomes are fueling the growth of residential aromatherapy diffusers. The segment will more than double due to the increasing adoption of aromatherapy in homes.
  • APAC (East Asia and South Asia & Oceania) offer the most profitable options with a nifty CAGR of 9% by 2029. These regions cumulatively account for more than 1/3 of the total market value.

“Aromatherapy is not as special as it was a few decades ago. Consumers apply aromatherapy principles from the comfort of their homes. Market participants then have to innovate products that are tailored to use cases in residential areas. New fragrances will help differentiate products in the market and generate profitable income over the forecast period. “-Says Fact.MR Analyst

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Consumer awareness to promote market growth

Consumer willingness to experiment with aromatic compounds and essential oils will drive the growth of the aromatherapy diffuser market for the foreseeable future. Hence, manufacturers are investing heavily in educational tactics and educating consumers about the potential benefits of aromatherapy. Strategic partnerships between manufacturers and mental health organizations for awareness programs will benefit market participants in the years to come. The research and development of pleasant fragrances will attract and appeal to aroma-savvy consumers looking for mental relaxation. Marketing collateral and digital campaigns will serve as critical factors in generating revenue during the forecast period.

More Valuable Insights into the Aromatherapy Diffuser Market

In its new offering, Fact.MR offers an unbiased analysis of the aromatherapy diffuser market and presents historical demand data (2014-2018) and forecast statistics for the period 2019-2029. The study gives compelling insights into the Aromatherapy Diffusers market based on the product type (ultrasound, nebulizer, evaporation and heat), distribution channel (retailers, hypermarkets / supermarkets, e-commerce and others) by application (residential, commercial), and Spa & Salon) and in six major regions (North America, Latin America, Europe, East Asia, South Asia and Oceania, and the Middle East and Africa).

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https://thedailyhealthjournal.com/the-aromatherapy-diffuser-market-is-set-to-grow-at-an-impressive-10-cagr-through-the-e-commerce-sales-channel-through-2029-ksu/

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