Global Air Freshener Market (2017-2024)- Research Nester

1. Global Air Freshener Market Outlook: Industry Insights & Opportunity Evaluation, 2017-2024 Copyright © Research Nester Pvt. Ltd. www.researchnester.com

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6. Global Air Freshener Market Overview Air freshener is a product which is used to mask unpleasant odor by emitting fragrance. Air fresheners are composed of various chemicals such as formaldehyde, petroleum distillates and dichlorobenzene and aerosol propellants. These chemicals counteract the unpleasant odor and fill the indoor area with pleasant smell. Traditional and old air fresheners, consisting of hazardous chemicals, are being replaced by new and natural fresheners. Air fresheners are used at house, corporate offices, malls, public restroom and hotels. Further, it has also its usage in automobiles which have augmented the market of air fresheners exponentially. Different kind of air freshener products available in the market such as spray air freshener, electric air freshener, gel air freshener and candle air freshener are yet another factor that has led to the rise in the demand of global air freshener market. Further, rising inclination towards the natural air freshener and growing vogue of aromatherapy gives opportunity to the major air freshener companies to operate in the market. Apart from this, increasing disposable income of the middle class population and rising concern for the air quality has led to demand for air freshener all across the globe. The companies are emphasizing on various business strategies in order to expand their business in air fresheners which is anticipated to strengthen the market share of the companies in the overall air Copyright © Research Nester Pvt. Ltd. www.researchnester.com

7. freshener market during the forecast period. On 19 February, 2015, P&G, a major air freshener company announced the unstoppable series of air freshener which are long lasting, home and fabric care products. Moreover, on 2nd May, 2015, S.C. Johnson announced the acquisition of HomeBrands AS. Market Size and Forecast The global air freshener market is expected to reach USD 14.2 billion in 2024. Further, the market is anticipated to grow at a CAGR of 2.97 % between 2017 and 2024. Regionally, Europe dominated the global air freshener market and is anticipated to continue its dominance over the forecast period. Rise in the disposable income and improving standard of lifestyle are the major factor driving the growth of air freshener market. Copyright © Research Nester Pvt. Ltd. www.researchnester.com

8. North America holds the second largest air freshener market and is anticipated to witness significant growth over the forecast period. The major factor driving the market growth of North America region is the availability of different and innovative air fresheners such as automatic air freshener and candles freshener. Request free sample - http://www.researchnester.com/sample- request/2/rep-id-287 Asia-Pacific is anticipated to be most lucrative market and expected to witness a CAGR of 7.94% over the forecast period. This can be attributed to various factors such as upgraded lifestyle of addressable population and rising population in countries like China and India. Market Segmentation Our in-depth analysis segmented the global air freshener market in the following segments: By Product Type Spray Electric air fresheners Gel air fresheners Candle air freshens Others (Liquid air fresheners, solid air fresheners, crystal bead air fresher) Copyright © Research Nester Pvt. Ltd. www.researchnester.com

9. By Applications By residential Corporate offices Cars Others ( railways, hospital, malls and hotels) By Type of customers Individual customers Enterprise customers By Region Air Freshener Market is further classified on the basis of region as follows: North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y- O-Y growth & Opportunity Analysis Western and Eastern Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth & Opportunity Analysis Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, South Korea & Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis Middle East and North Africa (MENA) Market Size and Y-O-Y Growth & opportunity Analysis Copyright © Research Nester Pvt. Ltd. www.researchnester.com

10. Growth Drivers and Challenges Rising disposable income coupled with improving lifestyle of the customer are the major factors driving the growth of global air freshener market. Further, the boost in global air freshener market is because of increasing disposable income and rising concern of people about quality of air. Additionally, the inventions of new variety of air freshener product and ease of availability of these products are anticipated to be the dynamic factor behind the growth of global air freshener market. However, limited resources can restraint the market growth over the forecast period. Moreover, use of substitute products is believed to further dampen the growth of global air fresher market over the forecast period. Key players P&G S.C. Johnson & Son Reckitt Benckiser Godrej Henkel Farcent Enterprise Handstands Kobayashi Pharmaceutical California Scents Copyright © Research Nester Pvt. Ltd. www.researchnester.com

11. BlueMagic Scope and Context Overview of the Parent Market Analyst View Segmentation The global air freshener Market is segmented as follows: By Product Type Market Size & Y-O-Y Growth Analysis By Application Market Size & Y-O-Y Growth Analysis By Type of customers Market Size & Y-O-Y Growth Analysis By Region Market Size & Y-O-Y Growth Analysis Market Dynamics Supply & Demand Risk Competitive Landscape Porter’s Five Force Model Geographical Economic Activity Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio Recent Trends and Developments Copyright © Research Nester Pvt. Ltd. www.researchnester.com

12. Industry Growth Drivers and Challenges Key Information for Players to establish themselves in current dynamic environment To know more about Global Air Freshener Market research, please visit: http://www.researchnester.com/reports/air-freshener-market-global- demand-analysis-opportunity-outlook-2024/287 Related Reports: http://www.researchnester.com/reports/shea-butter-market-global- demand-analysis-opportunity-outlook-2024/289 http://www.researchnester.com/reports/herbal-beauty-products-market- global-demand-analysis-opportunity-outlook-2024/281 For More Info/Enquiry, Please Visit us at: Research Nester Pvt. Ltd. 1820 Avenue M, Suite #1113 Brooklyn, New York 11230 U.S. (T) +1 646 586 9123 Canada (T) +1 437 889 3230 U.K. (T) +44 203 608 5919 www.researchnester.com, info@researchnester.com Copyright © Research Nester Pvt. Ltd. www.researchnester.com

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