Market Overview:
The global smart essential oil diffusers market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for aromatherapy and rising awareness about the benefits of essential oils. In addition, the growing adoption of smart home devices is also contributing to the growth of this market. The global smart essential oil diffusers market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into capacity ≤400ml and capacity: 400-1000ml segments. The capacity: 400-1000ml segment is expected to grow at a higher CAGR than other segments during the forecast period owing to its high demand from commercial applications such as hotels, hospitals, and offices. By application, it can be classified into home use and commercial use segments.
Product Definition:
A Smart Essential Oil Diffuser is a device that disperses essential oils into the air for inhalation. The importance of Smart Essential Oil Diffusers is that they can be programmed to disperse certain types of oil at certain times, making them more effective and efficient than traditional diffusers.
Capacity≤400ml:
Capacity:400ml is the maximum amount of oil that can be diffused in 400ml water. It's also known as the EO concentration or Essential Oil Concentration. The higher the number, generally, the stronger and more concentrated will be its aroma.
The growth factor for this market is High Demand from households.
Capacity: 400-1000ml:
Capacity: 400-1000ml is the most common type of oil diffuser. It’s a smart and useful device as it can be connected to Wi-Fi, which allows controlling the diffuser from any distance. The user can set various settings such as cycle duration, time of day, number of sprays per second among others according to their convenience.
Application Insights:
The commercial use segment dominated the global smart essential oil diffusers market, accounting for over 60% of the overall revenue in 2017. Rising adoption of these devices in hotels, spa and wellness centers, restaurants and bars to enhance ambience is expected to be a key factor driving the product demand over the forecast period. Furthermore, increasing focus on creating personalized experiences for customers is likely to propel demand from commercial spaces such as hospitals and clinics.
The home use segment accounted for a significant share of 41% in 2017 owing to rising awareness about health benefits associated with various plants including lavender, lemongrass, eucalyptus and vanilla. Essential oils serve as natural disinfectants which help remove germs caused by colds or flu at source by rendering them inactive without the need for harsh chemicals or drugs. This factor along with growing concerns regarding personal hygiene coupled with high cost effectiveness is expected fuel product demand among consumers globally over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing awareness regarding essential oils and their healing properties, high disposable income of consumers, and availability of a wide range of products from various manufacturers in this region. Asia Pacific is expected to witness significant growth during the forecast period owing to rising demand for diffusers that are small and lightweight as well as have a long battery life. In addition, growing health awareness among consumers will drive product demand further.
Growth Factors:
- Increasing demand for essential oils owing to their therapeutic properties
- Rising awareness about the benefits of aromatherapy and essential oils
- Growing popularity of smart home devices and IoT-enabled gadgets
- Proliferation of online retail channels that offer a wide range of diffusers at competitive prices
- Technological advancements in the design and functionality of diffusers
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Essential Oil Diffusers Market Research Report
By Type
Capacity≤400ml, Capacity: 400-1000ml
By Application
Home Use, Commercial Use
By Companies
InnoGear, Aera, ASAKUKI, Atomi, Birgus, Moodo, Anjou, InnoGear
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Smart Essential Oil Diffusers Market Report Segments:
The global Smart Essential Oil Diffusers market is segmented on the basis of:
Types
Capacity≤400ml, Capacity: 400-1000ml
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Use, Commercial Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- InnoGear
- Aera
- ASAKUKI
- Atomi
- Birgus
- Moodo
- Anjou
- InnoGear
Highlights of The Smart Essential Oil Diffusers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Capacity≤400ml
- Capacity: 400-1000ml
- By Application:
- Home Use
- Commercial Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Essential Oil Diffusers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A smart essential oil diffuser is a small, portable device that uses ultrasonic waves to disperse the scent of essential oils in the air. They are typically easy to use and can be placed almost anywhere in your home or office. Some models even have sensors that detect when you're nearby and turn on automatically.
Some of the major players in the smart essential oil diffusers market are InnoGear, Aera, ASAKUKI, Atomi, Birgus, Moodo, Anjou, InnoGear.
The smart essential oil diffusers market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Essential Oil Diffusers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Smart Essential Oil Diffusers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Essential Oil Diffusers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Smart Essential Oil Diffusers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Smart Essential Oil Diffusers Market Size & Forecast, 2018-2028
4.5.1 Smart Essential Oil Diffusers Market Size and Y-o-Y Growth
4.5.2 Smart Essential Oil Diffusers Market Absolute $ Opportunity
Chapter 5 Global Smart Essential Oil Diffusers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Smart Essential Oil Diffusers Market Size Forecast by Type
5.2.1 Capacity≤400ml
5.2.2 Capacity: 400-1000ml
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Smart Essential Oil Diffusers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Smart Essential Oil Diffusers Market Size Forecast by Applications
6.2.1 Home Use
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Essential Oil Diffusers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Smart Essential Oil Diffusers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Smart Essential Oil Diffusers Analysis and Forecast
9.1 Introduction
9.2 North America Smart Essential Oil Diffusers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Smart Essential Oil Diffusers Market Size Forecast by Type
9.6.1 Capacity≤400ml
9.6.2 Capacity: 400-1000ml
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Smart Essential Oil Diffusers Market Size Forecast by Applications
9.10.1 Home Use
9.10.2 Commercial Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Smart Essential Oil Diffusers Analysis and Forecast
10.1 Introduction
10.2 Europe Smart Essential Oil Diffusers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Smart Essential Oil Diffusers Market Size Forecast by Type
10.6.1 Capacity≤400ml
10.6.2 Capacity: 400-1000ml
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Smart Essential Oil Diffusers Market Size Forecast by Applications
10.10.1 Home Use
10.10.2 Commercial Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Smart Essential Oil Diffusers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Smart Essential Oil Diffusers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Smart Essential Oil Diffusers Market Size Forecast by Type
11.6.1 Capacity≤400ml
11.6.2 Capacity: 400-1000ml
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Smart Essential Oil Diffusers Market Size Forecast by Applications
11.10.1 Home Use
11.10.2 Commercial Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Smart Essential Oil Diffusers Analysis and Forecast
12.1 Introduction
12.2 Latin America Smart Essential Oil Diffusers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Smart Essential Oil Diffusers Market Size Forecast by Type
12.6.1 Capacity≤400ml
12.6.2 Capacity: 400-1000ml
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Smart Essential Oil Diffusers Market Size Forecast by Applications
12.10.1 Home Use
12.10.2 Commercial Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Smart Essential Oil Diffusers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Smart Essential Oil Diffusers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Smart Essential Oil Diffusers Market Size Forecast by Type
13.6.1 Capacity≤400ml
13.6.2 Capacity: 400-1000ml
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Smart Essential Oil Diffusers Market Size Forecast by Applications
13.10.1 Home Use
13.10.2 Commercial Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Smart Essential Oil Diffusers Market: Competitive Dashboard
14.2 Global Smart Essential Oil Diffusers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 InnoGear
14.3.2 Aera
14.3.3 ASAKUKI
14.3.4 Atomi
14.3.5 Birgus
14.3.6 Moodo
14.3.7 Anjou
14.3.8 InnoGear
