Overview and Scope
Air care refers to the products that improve the indoor environment by removing offensive scents, reviving the air, or removing airborne contaminants. It is used to deliver enjoyable aroma sensations and eliminate bad smells within.
Sizing and Forecast
The air care market size has grown strongly in recent years. It will grow from $13.62 billion in 2023 to $14.39 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to increasing awareness of indoor air quality, rising disposable income, health and wellness focus, urbanization trends, economic growth.
The air care market size is expected to see strong growth in the next few years. It will grow to $18.02 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to rise in concerns about indoor pollution, smart home integration, e-commerce growth, customization and personalization, regulatory support. Major trends in the forecast period include air purification technologies, natural and botanical formulations, aromatherapy and wellness, contactless and touchless solution, collaborations with home decor brands.
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Segmentation & Regional Insights
The air care market covered in this report is segmented –
1) By Product: Gel Air Fresheners, Electric Air Fresheners, Candle Air Fresheners, Spray Or Aerosol Air Fresheners, Liquid Air Fresheners, Other Products
2) By Price: Low, Medium, High
3) By Distribution Channel: Online, Offline
4) By Application: Rooms, Toilets, Other Applications
Europe was the largest region in the air care market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the air care market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The rise in pollution levels is expected to propel the growth of the air care market going forward. Pollution levels measure the concentration or number of pollutants present in the environment, typically in the air, water, or soil. Air care, or air pollution control, is essential for reducing the harmful effects of air pollution on human health and the environment, which provides improved public health, climate change mitigation, improved air quality, and environmental protection. For instance, in April 2023, according to the United States Environmental Protection Agency, a US-based Environmental Protection Government Agency, U.S. greenhouse gas emissions rose 5% in 2021. Additionally, CO2 emissions from burning fossil fuels grew by 7% in 2021. Therefore, the rise in pollution levels is driving the growth of the air care market.
Key Industry Players
Major companies operating in the air care market report are The Procter & Gamble Company, Unilever plc, Henkel AG & Co. KGaA, Kimberly-Clark Corporation, Reckitt Benckiser Group Plc., S. C. Johnson & Son Inc, Newell Brands Inc.,The Clorox Company, Westinghouse Electric Corporation, Church And Dwight Co. Inc., Scentsy Inc., Godrej Consumer Products Ltd., Candle-lite Company, Car-Freshener Corporation, Farcent Enterprise Co. Ltd., Rexair LLC, Fresh Products LLC, California Scents, Beaumont Products Inc, Clean Control Corporation, AromaTech, Air Wick, The Claire Manufacturing Company, Odorchem Manufacturing Corp., Greenleaf Gifts, The Beeswax Candle Co, Moso Natural, Airance, Aariapure Private Limited, Hubmar Inc.
The air care market report table of contents includes:
- Executive Summary
- Air Care Market Characteristics
- Air Care Market Trends And Strategies
- Air Care Market – Macro Economic Scenario
- Global Air Care Market Size and Growth
- Air Care Market Segmentation
- Air Care Market Regional And Country Analysis
……………
- Key Mergers And Acquisitions In The Air Care Market
- Air Care Market Future Outlook and Potential Analysis
- Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Air Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Air Care Market, Segmentation By Price, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Air Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
………
Table 75: The Procter & Gamble Company Financial Performance
Table 76: Unilever plc Financial Performance
Table 77: Henkel AG & Co. KGaA Financial Performance
Table 78: Kimberly-Clark Corporation Financial Performance
Table 79: Reckitt Benckiser Group Plc. Financial Performance
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