Air Freshener Market Set for Steady Growth by 2028 with a 4% CAGR | UnivDatos Market Insights

According to a new report published by UnivDatos Markets Insights the Air Freshener Market is expected to grow at a CAGR of around 4% from 2022-2028. The analysis has been segmented into Product Type (Sprays/Aerosols, Electric Air Freshener, Gels, Candles, Others); Application (Residential, Commercial, Cars, Others); Distribution Channel (Offline Channels, Online Channels); Region/Country.

The air fresheners market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the air fresheners market. The air fresheners market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the air freshener market at the global and regional levels.

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Market Overview

The demand for air fresheners has been increasing rapidly all over the globe due to the growing disposable income and growing demand for a good atmosphere. As the consumers’ demand is proliferating, the key players launching new and innovative products to meet the changing needs of the consumers. For example, In April 2022, Glade a brand owned by S.C. JOHNSON & SON, INC. launched Coastal Sunshine Citrus Glade Aerosol Spray air freshener room spray. The air freshener contains fragrances with essential oils and is made without parabens, phthalates, and formaldehyde. The automatic freshener gives fresh bursts of fragrance every 9 minutes. Moreover, bad odor in hospitals or healthcare centers due to chemicals and bacterial infection has fueled the demand for the air freshener market. Furthermore, rapid growth in car sales along with the increase in consumers’ willingness is expected to drive the market for air fresheners market in the coming years.

COVID-19 Impact

The recent covid-19 pandemic has disrupted the world and has brought a state of shock to the global economy. The COVID-19 pandemic had a positive impact on the air freshener market as the use and demand of the air freshener market have increased because consumer stays at home 24/7 during the COVID-19 pandemic, leading to the growth of the air freshener market. Air purifiers are increasing in use in the residential segment during the COVID-19 pandemic to keep the environment positive and fresh throughout the day.

The global air fresheners market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

Based on application, the market is fragmented into residential, commercial, cars, and others. The residential segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period. Air fresheners are widely used in residential areas for aromatherapy and to improve indoor air quality.

Based on distribution channels, the market is bifurcated into offline channels and online channels. The online channels segment accounted for a significant market share, and it is estimated that it will grow rapidly during the projected timeframe and benefit the air freshener product manufacturers on a large scale because of its ability to offer a more engaging retail experience, operating efficiency, and ease of use.

Air fresheners Market Geographical Segmentation Includes:

·??????? North America (United States, Canada, and Rest of North America)

·??????? Europe (Germany, United Kingdom, Italy, France, Spain, and the Rest of Europe)

·??????? Asia-Pacific (China, India, Australia, Japan, and the Rest of Asia-Pacific)

·??????? Rest of the World

For a better understanding of the market dynamics of the air fresheners market, a detailed analysis was conducted for different regions across the globe including North America (U.S, Canada, and the Rest of North America), Europe (Germany, France, Spain, United Kingdom, Italy, and Rest of Europe), Asia-Pacific (China, India, Australia, Japan, and Rest of APAC), Rest of World has been conducted. Geographically, Europe constitutes a major market for the air freshener industry due to the developed retail infrastructure in the region, which facilitates companies to easily produce their products, and make them available to customers and the high disposable income of consumers in Europe allows them to consume superior-quality products.

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