Central America Aromatherapy Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DMCPG2881 | Last Updated On: Jun 24 2022 | Available Formats

> Central America Aromatherapy Market Expected to reach a high CAGR during the forecast period 2022-2029: DataM Intelligence

Central America Aromatherapy Market is segmented By Product Type (Consumables, Essential oils, Carrier Oils, Blended Oils, Equipment, Diffusers, Inhalers, Spritzers, Others), By Mode of Application (Inhalation, Topical, Aerial Diffusion, Others), By Application (Mood Management, Pain Management, Insomnia, Skincare, Relaxation, Others), and By Region – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

Central America Aromatherapy Market is expected to grow at a high CAGR during the forecasting period (2022-2029).

Aromatherapy is a complementary or alternative medical therapy that is focused on improving mental health and overall wellness

Also known as essential oil therapy, the process includes the use of plant oils and other aromatic compounds. It is applied topically or used through inhalation

Basil, Lemongrass, Lemon, Lavender, Mandarin, Cardamom and Chamomile among others are some of the major sources of essential oils used in aromatherapy

Aromatherapy is gaining significant prominence among both healthcare professionals and people owing to its potential health benefits in maintaining mood, relaxation, during pregnancy and sleep. The increase in tourism and growth of spa & salon business in countries such as Costa Rica and Panama is surging the demand for aromatic essential oils in the region

Market Segmentation

Costa Rica evolved as a key market for aromatherapy in the Central America region owing to high per capita income and growing disposable income. The local population are focusing on maintaining a healthy lifestyle

Also, the growth of tourism in the country is propelling the market growth in the country

In Costa Rica, the dollar sales of aromatherapy valued at USD XX million in 2019 and is likely to reach USD XX million by 2027, growing at a CAGR of XX% during 2022-2029

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