Car Air Freshener Market Report
Car Air Freshener Market Trends, Dynamics & Market Insights See less
Car Air Freshener Market Trends, Dynamics & Market Insights
Car Air Freshener Market, By Product (Gels & Cans, Sprays/Aerosols, Paper Car air Freshener, Vents & Clips, Others), By Customer Type (Individual, Enterprise), and Region - COVID-19 Impact Analysis and Forecast to 2026.
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global car air freshener market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026.
The Car Air Freshener Market is projected to grow from USD 2.1 billion in 2020 to USD 2.6 billion by 2026 at a CAGR of over 3.6% during the forecast period.
Car air fresheners are consumer products that typically emit fragrance to eliminate unpleasant odor in a room. It consists of different ingredients such as fragrances, aerosol propellants, and solvents such as mineral oil, 2-butoxyethanol, and glycol ethers, which neutralize unpleasant odor. These air fresheners absorb the bad odor, thus masking the bad smell in the air.
Key players operating in the car air freshener market are-
The changing lifestyle of the consumers and the rising need for quality air indoor are substantially driving the car air freshener’s market growth. Car air freshener market demand is fuelling owing to the growing level of pollutants in the air which are also resulting in an increasing need for air care products, which can be used in vehicles. In addition, the growing demand of the public for sustainable and eco-friendly products coupled with neutralizing odors, odor eliminators, aromatic compounds are also promulgating the growth of the market.
By product, the car air freshener market has been classified into gels & cans, sprays/aerosols, paper car air freshener, vents & clips, and others. Under these, the gels & cans segment accounted for a significant market share in 2020. The segment growth is mainly driven owing to the gels & cans strong increase in demand not only due to its consistent scent but also because of its appealing look. Moreover, it's also found that the gels & cans last longer than the other air freshener’s sprays and paper vehicles, thus bolstering the segment growth.
By region, the market in North America accounted for a significant market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth is mainly ascribed to the changing consumer preferences with the changing lifestyle in the region, which is augmenting the need for car air freshener. In addition, in the US, the sales of vehicles were over 17 million in 2019, which further spurs regional market growth.
The COVID-19 outbreak negatively affected the growth of the car air freshener market. Due to the COVID-19 outbreak, the demand for car air freshener has declined. This is mainly due to restricted transportation via cars for non-essential purposes. Also, as the work from home policy had been applied across the globe, the commute from cars declined significantly, thus affecting the demand for car air fresheners.
Here is the list of the group of customers that the car air fresheners market hopes to have the greatest opportunity to convert-
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The car air fresheners market is expected to witness an impressive growth of 3.6% CAGR in the coming years.
American Cover (US), Car-Fresheners Corp (US), Carmate Manufacturing Co Ltd (Japan), Chic Accessory (US), Henkel Ag Co (Germany), Jenray Product (US), Procter Gamble Co (US), Reckitt Benckiser Group Plc (UK), and S.C. Johnson Son, Inc. (US) are among the key players in the car air fresheners market.
The car air fresheners market size is expected to reach USD 2.6 billion in the foreseeable future.
The gels & cans segment accounted for a significant share in the car air fresheners market in 2020.
North America is expected to grow at a significant CAGR in the car air fresheners market in the next five years.
Car Air Freshener distributors, Car Air Freshener suppliers, Car Air Freshener manufacturers, Logistics organizations, Government bodies are the target audience in the car air fresheners market.
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