Global Arborvitae Oil Market Size, Share, Opportunities, And Trends By Type (Organic, Conventional), By Application (Aromatherapy, Pharmaceuticals, Food And Beverages, Others), By Distribution Channel (Online Sales, Direct Sales, Retail Stores), And By Geography - Forecasts From 2024 To 2029

The arborvitae tree is known to be large and has unique benefits that improve and enhance the quality of life. Arborvitae oil is produced from the arborvitae tree and is known to be native to the North American region. The oil has a wide range of applications but is commonly known for its aromatic and topical applications in the market, which include an essential oil that helps in aromatherapy and as a skin protection agent.

Introduction:

The global arborvitae oil market is expected to witness a significant increase in growth during the forecasted period of 2024-2029 due to several factors, such as the increased awareness of the benefits. This is further influenced by the increasing number of health-conscious consumers in the market, coupled with the increasing popularity of aromatherapy worldwide.

Market Drivers:

• Increasing awareness of the benefits: Arborvitae oil provides a wide range of benefits and is well known for being a type of essential oil in the market. The increase in awareness of the benefits of the oil product will be influenced by the increasing number of health-conscious consumers in the market, further driving the global arborvitae oil market growth. Another factor that drives the market growth is the growth of global leaders in the market. doTERRA is one of the largest producers of the arborvitae essential oil, which consists of a wide range of uses and benefits. The benefits and uses of their product include:
• Household Spray: arborvitae oil is known to have powerful cleansing and purifying properties, making it an attractive option to be added to household sprays. The essential oil can be added to the spray, which further helps the consumers against environmental threats, all the while keeping the house clean and fresh.
• Aromatherapy: arborvitae oil is known to have therapeutic properties that instill calmness and peace into a consumer. Their product can be incorporated into a diffuser or used as a rubbing oil on the wrist, providing the feeling of soothing relaxation. It is also known to purify the air and provide a grounding aroma.
• Insect repellent: arborvitae is known to have properties of resistance to decay and insect damage. The use of their essential oil product on wood polishing applications and other cleaning applications will allow the consumers to have reduced risk of damage to their items and also helps reduce the number of insects in the household due to its aroma.
• The rising popularity of aromatherapy: Arborvitae oil is known to have applications as an essential oil in the market. Players such as doTERRA, AVI NATURALS, and several others have arborvitae oil products launched as essential oils, which include a wide range of benefits. One of the benefits of essential oil is aromatherapy. Arborvitae oil is known to have therapeutic properties that improve and enhance the mind and body. It is known to provide calming and peaceful sensations to the mind and body, providing a sense of soothing relaxation to the product consumers. Therefore, the increasing popularity of aromatherapy worldwide will boost the sales and growth of essential oils in the market. As per the National Institutes of Health National Center for Complementary and Integrative Health, the global aromatherapy market, which includes essential oils, and many others, is expected to increase in spending to reach an estimated $5 trillion by 2050. This increase in the market for aromatherapy will drive the global arborvitae market growth during the forecasted period.

Key Players:

• doTERRA: One of the global leaders and a well-known company known for sourcing, manufacturing, and distributing pure essential oils and natural wellness products worldwide, with a consumer base and wellness advocates of nine million.
• AVI NATURALS: An Indian company known for wholesale supply and manufacturing of essential oils. Their product portfolio includes natural essential oils, aromatherapy oils, fruit flower oils, herbs, and many others.

Regional Analysis:

The North American region is expected to witness significant growth in arborvitae oil during the forecasted period of 2024-2029. Arborvitae is known to be native to the North American region, mainly the eastern and central parts of Canada, and the eastern and north-central parts of the United States.  The factors that affect the market growth in this region are the high amount of spending on aromatherapy, coupled with the increasing number of health-conscious consumers in the market.

Arborvitae oil is known to have various therapeutic properties. It is also considered a type of essential oil, which further increases its sales in the market, due to the increasing popularity of essential oils for their medicinal and health benefits for the body. For instance, doTERRA is one of the largest arborvitae oil producers worldwide. Their arborvitae oil product is known to have the ability to inspire feelings of calmness and peace in the consumers. The usage of their oil consists of rubbing the oil on the wrist of the consumer, which produces an aroma that will enhance the sense of calmness and peace in the person. Due to the wide range of benefits acquirable from this essential oil product, the increase in the popularity of aromatherapy in the market will drive the regional arborvitae oil market growth.

Furthermore, the National Institutes of Health National Center for Complementary and Integrative Health states that Americans have accounted for an estimated spending of $30.2 billion on aromatherapy alone. This increase in traction for aromatherapy can be linked to the increase in the number of health-conscious consumers in the market, which was further influenced by the COVID-19 pandemic influencing hygiene and health consumers worldwide. Therefore, the high relevance of aromatherapy will be expected to drive the market's growth during the forecasted period.

Segmentation:

• By Type:
  • Organic
  • Conventional
• By Application:
  • Aromatherapy
  • Pharmaceuticals
  • Food and Beverages
  • Others
• By Distribution Channel:
  • Online Sales
  • Direct Sales
  • Retail Stores
• By Geography:
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Others