Air Care Market 2018 Worldwide Industry Latest Innovation and Promising Growth Factors Survey by Top Brands 2018-2023 Forecast - Procter & Gamble Co., Reckitt Benckiser Group, Plc., S.C. Johnson & Son, Inc., Godrej Consumer Products Ltd., Henkel AG & Comp

Air Care Market is estimated to spot a considerable growth in CAGR from 2018 to 2025. This report gives an in-depth assessment of current Air Care key market drivers, market size and trends and Global Air Care opportunities, challenges, key market segments and technological developments.

Air Care Market, by Value, is Projected to Grow at a CAGR of over 2.47% by 2023

Air Care Market Forecast Overview:
Air care products are used to eliminate the bad odor and to keep the surrounding fresh. These products are available in various forms including sprays, oils, candles, blends, and others. Different fragrances in this product has given an opportunity to the consumers to choose with the desired fragrance according to their need. Air care product helps to keep the indoor environment clean and odor free.

Air care products are used to eliminate bad odor at indoor level. Various types of air care products are available in the market such as air fresheners, electric air fresheners, car air fresheners, gel air fresheners, candle air fresheners, and liquid air fresheners. Air care products provide an option to the user to get rid of bad odor and have a desired room fragrance.

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Air Care Major Key Players Analysis:
• Procter & Gamble Co
• Reckitt Benckiser Group,
• C. Johnson & Son, Inc.
• Godrej Consumer Products
• Henkel AG & Company, KGa
• Church & Dwight Co.
• Farcent Enterprise Co.

Air Care Major Findings:
• Asia Pacific is estimated to retain its dominance throughout the forecast period at a CAGR of 3.06%. Among the Asia Pacific countries, China is projected to witness a substantial growth at a CAGR of 3.19% during the forecast period of 2017-2023
• Global air care manufacturers find massive opportunities in Germany owing to the huge demand for air care products, especially, home and cars.

Air Care Downstream Analysis:

Among the product type, spray air fresheners segment is anticipated to retain its dominance throughout the forecast period. Also, the segment is projected to register a healthy CAGR of 2.56% during the given period due to increased use of spray air fresheners in room and cars. Furthermore, the demand for natural fragrances in air care products segment is increasing the growth of the air care products.

Among the distribution channel, retail is accounting for 92% of the global air care market and the segment is estimated to retain its dominance throughout the forecast period of 2017-2023. The segment is projected to register a healthy CAGR of 2.51% during the forecast period 2017-2023

Air Care Regional Analysis:
The global air care market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these, Asia Pacific region is expected to lead the market over the forecast period. The market is projected to grow at a CAGR of 3.06% during the review period. This is attributed to the high usage of home and cars based air care products. Among the Asia Pacific countries, India is estimated to hold 19% share in the year 2017.

Air Care Segmentaion
The global air care market has been segmented on the basis of product type, which includes spray air fresheners, electric air fresheners, car sir fresheners, gel air fresheners, candle air fresheners, liquid air fresheners, and others. The spray air fresheners segment is projected to account for maximum market proportion at a CAGR of 2.56% during the forecast period. On the basis of distribution channel, the global air care market is segmented into retail and business to business. Among both, the retail market segment is estimated to witness the highest growth at a CAGR of 2.51% during the forecast period 2017-2023.

Target Audience:
• Global air care product manufacturers
• End users
• Retailers and wholesalers
• E-commerce companies
• Traders, importers and exporters

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This release was published on openPR.