Air Care Products Market, Size, Expected To Present Ample Growth Opportunities

Air care products are defined as products that are used for
indoor air purification. A new report on the global air care products market,
published by Market Research Future (MRFR), estimates that this market
experience expansion at 2.58% CAGR during the review period (2017-2023).
Regarding monetary valuation, the worth of this market can be USD 13,105.07 Mn
by the end of the forecast period.

The most distinguished market driver for the global air
care products market growth is increasing pollution levels both in
developed and developing economies. Primary indoor pollutants include smoke
from cigarettes and firewood. The volatile organic compound releases from hair
sprays, moth repellents, perfumes, and others also cause pollution. Other
drivers escalating the global air care products market growth include rising
disposable income, demand for air fresheners, innovations in the existing air
care product line, new air care product launches, focus on research &
development (R&D), rising health awareness, high demand for chemical-free
air fresheners, and inclination towards natural air care products. However,
some factors that hinder the global air care products market growth include the
high price of air care products and demerits of inhaling chemicals released
from the air fresheners.

Market Segmentation

The global air care products market segmentation encompasses
distribution channels and product type. MRFR’s research on the market analyzes
many factors of the market in-depth.

Based on the distribution channel, this market is being
segmented into store-based distribution and non-store-based distribution. The
store-based distribution channel segment has been sub-segmented into
convenience stores, supermarkets & hypermarkets, and others. Store-based
distribution controls 92% of the global market, and during the forecast period,
it has been estimated to grow at 2.51% CAGR.

Regarding product type, the market has been segmented into
air freshener gels, air freshener sprays, candles, car air fresheners, electric
air fresheners, and others. The spray air fresheners segment dominates the
market, and the status quo is not expected to change during the forecast
period. This segment is likely to grow 2.56% CAGR during the forecast period
due to the growing demand for natural fragrances and the ease of using sprays.

Key Players

Big players in the global air care products market are Air
Delights Inc. (USA), American Covers Inc. (USA), Candle Lite Inc. (USA),
Car-Freshener Corporation (USA), Church & Dwight Co. Inc. (USA), Farcent
Enterprise Co. Ltd. (Taiwan), Godrej Consumer Products Ltd. (India), Hamilton
Beach Brands Holding Company (USA), Henkel AG & Company, KGaA (Germany),
Newell Brands (USA), Procter & Gamble Co. (USA), Reckitt Benckiser Group
PLC (UK), Rexair LLC (USA), S.C. Johnson & Son, Inc. (USA), and WD-40 Co.
(USA).

Regional Segmentation

A geographical outlining of the global air care products
market covers Europe, North America, Asia Pacific, and Rest-of-the-World (RoW).

Europe holds the largest global market share in terms of
value as well as volume. In this region, the market is strong due to improving
the lifestyles of the consumers, the high population, and the high per capita
disposable income of the consumers. Countries that generate the highest revenue
in this region are France, Germany, Italy, Spain, and the UK. The survey of the
remaining countries in Europe featured in this report counts additional market
revenue from these countries.

North America is a substantial regional market due to high
disposable income and the presence of key market players. The USA, Canada, and
Mexico generate significant market revenue in this region.

The Asia Pacific region stands a chance to be the
fastest-growing regional market due to increasing air pollution in the emerging
economies and subsequently increasing demand as well as sales of air care
products in this region. Other drivers leading the market towards growth
include increasing consumer inclination to adopt western cultures and demand
for different kinds of air fresheners, especially in corporate offices catering
to North American and European clients. The Asia Pacific market can grow at
3.06% CAGR during the forecast period, and India has been holding 19% of the air
care product market share in this region since 2017. In this report,
Australia and New Zealand have been categorized as one regional segment. Other
significant markets in this region are China, Indonesia, and Japan. An in-depth
analysis of the remaining countries in the Asia Pacific region featured in this
report can contribute to the overall market size.

The RoW segment covers South America, the Middle East, and
Africa. Among these regional markets, South America is a greater market
compared to the Middle East and Africa.

Latest Industry News

SC Johnson, one of the biggest manufacturers of air care
products and home cleaning products in the USA, has acquired Sun Bum®, a
company that is in the business of manufacturing personal care products.

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its Impact on Various Industry Verticals and wherever required we will be
considering Covid19 Footprints for Better Analysis of Market and Industries.
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