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Jun 16, 2023

Air Freshener Market [PROFIT] Size, Share Robust Pace of Industry During 2023

The global “Air Freshener Market ” 2023 Research Report provides a comprehensive and professional analysis of the current market scenario. It examines the development plans, policies, manufacturing

The global “Air Freshener Market ” 2023 Research Report provides a comprehensive and professional analysis of the current market scenario. It examines the development plans, policies, manufacturing processes, and price structures related to Cognitive Informatics. The report analyzes various factors such as market growth, consumption volume, market size, revenue, market share, market trends, and industry cost structures from 2023 to 2031. It offers in-depth research on the global market and its competitive landscape. With a detailed analysis, this report assesses the market’s potential and future prospects from multiple perspectives.

According to a new report published by Report ocean, titled, “Air Freshener Market by Product Type, Application, and Type of Customers: Global Opportunity Analysis and Industry Forecast, 2018 – 2025,” the global air freshener market size was valued at $10,124.4 million in 2017, and is expected to garner $13,279.1 million by 2025, registering a CAGR of 3.5% from 2018 to 2025. An air freshener is a product that typically emits fragrance to eliminate unpleasant odor in a room. It contains different ingredients such as aerosol propellants, fragrances, and solvents such as 2-butoxyethanol, mineral oil, and glycol ethers, which neutralize unpleasant odor. These air fresheners adsorb the bad odor, thereby masking the bad smell in the air. Air fresheners are being used throughout society. Typically, indoor environments with air fresheners may include buildings and facilities such as offices, schools, hospitals, theaters, stores, hotels, health clubs, restaurants, restrooms, and more. Apart from these indoor environments they are also being used in transportation such as airplanes, cars, taxis, buses, trains, terminals, boats, and many more.

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The growth of the air freshener industry is driven by increase in disposable income of people along with rise in the living standards of consumers around the globe. Moreover, increase in concerns over indoor air quality have led to a high demand for air fresheners worldwide. Furthermore, rapid growth in car sales along with a surge in number of pets ownerships and increase in consumers’ willingness to use premium air fresheners are expected to boost the growth of the global air freshener market. However, high cost of production hampers the widespread adoption and act as the major restraint for the global air freshener market. On the contrary, increase in demand for high-end lifestyles and luxury in everyday lives provides lucrative opportunity for the use of air fresheners in an extensive manner. The need for luxury has increased at a rapid pace due to rise in disposable income of individuals. Moreover, bad odor in hospitals or healthcare centers due to chemicals and bacterial infections fuels the demand for air fresheners. In near future, these areas would be prime opportunity areas for the growth of the air freshener industry.

The sprays/aerosols segment accounted for the highest share in the product type segment. The market for sprays/aerosols is driven by ease of use and availability all over the world. The gel air freshener segment is expected to witness substantial growth with CAGR of 4.2% throughout the forecast period. This was attributed to increase in adoption of this product for use in cars. There has been a surge in the growth of cars, which has positively impacted the growth of gel air fresheners worldwide.

The household segment dominated the application segment in the air freshener market. This was attributed to favorable demography and rise in inclination toward sanitation throughout the globe. However, the car segment is projected to grow at the highest CAGR of 4.0% throughout the forecast period. This was attributed to increased disposable income and rise in affinity of consumers to spend on premium products. Moreover, surge in the growth of the automobile industry has also helped achieve this high growth rate.

The individual customers had the highest share in the “type of customer” segment. This was due to rise in affinity of consumers toward sanitation and premium products. Moreover, attractive advertising and ease of availability also drive the global air freshener market growth. The enterprise customer segment is expected to witness the highest CAGR of 4.3% throughout the air freshener market forecast owing to increase in adoption of air care products in offices and other landmarks to maintain good environmental hygiene.

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Key Findings Of The Study

Based on product type, the sprays/aerosols segment was the highest contributor to the air freshener market and is expected to grow at a CAGR of 4.3% from 2018 to 2025.Based on application, the households segment was the highest contributor to the market in terms of value in 2017 and is estimated to grow at a CAGR of 3.0% from 2018 to 2025.Based on the type of customer, the individual customer segment is expected to grow at a steady CAGR of 3.2% from 2018 to 2025.Electric air freshener segment accounted for 30.5% of the total air freshener market share in 2017 and is estimated to grow at a CAGR of 2.9%.

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In terms of value, Europe contributed around one-third of the global air freshener market share in 2017. The key players profiled in the report include Procter & Gamble Co., Reckitt Benckiser Inc., Henkel KGaA, Church & Dwight Co. Inc., Car-Freshener Corporation, SC Johnson & Son Inc., Kobayashi Pharmaceutical Co. Ltd., Godrej Household Products Ltd., Farcent Enterprise Co. Ltd., and Newell Brands. The other market players (not profiled in this report) include Air Delights Inc., Dabur India Ltd., Hamilton Beach Brands Holding Company, Rexair LLC, Beaumont Products, Inc., Scott’s Liquid Gold, Dr. Marcus International, Jelly Belly UK, Pinnacle Horizons Pty Ltd, and Balev Corporation Eood.

Table of Contents:

– Market Summary

– Economic Impact Competition Analysis by Players

– Production, Revenue (Value) by geographical segmentation

– Kinesiology Muscle Tape Market Size by Type and Application

– Regional Market Status and Outlook

– Kinesiology Muscle Tape Market Analysis and Outlook

– Market Forecast by Region, Type, and Application

– Cost Investigation, Market Dynamics

– Marketing Strategy comprehension, Distributors and Traders

– Market Effect Factor Analysis

– Research Finding/ Conclusion

– Appendix

– Continue……

Key Inquiries Addressed in the Report:

• Assessing the Impact of COVID-19 Outbreak:

Investigation into the effects of the COVID-19 outbreak on the market landscape.• Precise Responses and Strategic Insights:

Our researchers offer precise responses, identifying significant opportunities and emerging investments, while recommending effective market strategies.

The responses encompass comprehensive examination of:• Current Market Infrastructures:• Market Opportunities and Challenges:• Future Growth Potential in Specific Industries:• Target Geographic and Market Segments, End-User Groups, and Operational Volumes:• Representative and Value Chain Opportunity Breakdown:• Market Size and Growth Rate throughout the Forecast Period:• Primary Market Drivers:• Key Trends Influencing Market Expansion:• Barriers to Market Growth:• Prominent Market Players:• Thorough SWOT Analysis:• Threats and Opportunities for Existing Vendors:• Influential Factors Impacting Different Regions:• Strategically Focused Initiatives of Top Vendors:• PESTEL Study across Five Major Market Regions:

The report offers comprehensive insights into import and export, production, earnings, and key players across all examined regions. It covers prominent manufacturers, significant market segments, the global range of available products, historical data, and research objectives. The segmentation analysis based on product type and application is also elaborated upon.

The report succinctly summarizes major studies, market growth rates, competitive landscapes, market drivers, trends, concerns, and macroscopic indicators. SWOT analyses of each player profile, along with their products, production, value, capacity, and crucial metrics, are presented in this section.

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