Air Care Market 2018 Growing Opportunities with Future Vision 2023 | Procter & Gamble Co, Reckitt Benckiser Group, C. Johnson & Son Inc., Godrej Consumer Products

Air Care Market 2018 Industry and forecast to 2023 report analyzed the world's main region market conditions, including the product price, profit, capacity, production, capacity utilization, supply, analysis, size, share, demand and industry growth rate etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

Development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states import/export, supply and consumption figures by regions (United States, EU, China, Japan, Southeast Asia, India) and other regions can be added

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

Air Care Market 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.

Rising disposable income has affected the consumer’s spending behavior. Consumers are found to hold more priority for quality products, which keeps their surrounding clean and fresh. Owning to these major factors, the demand for air care products is experiencing a surge in the global market. Escalating demand has encouraged the manufacturers to bring in innovations in their product line to expand their consumer base.

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Innovations in the existing product line and new product launch helps the manufacturers in creating brand identity and product differentiation. Keen focus on R & D sector to develop new product has further resulted in development of unique air care products such as Electric Air Fresheners and gel air fresheners and others. Consumers have shown more inclination towards natural air cares in air care products which has directly influenced the positive growth of the air fresheners market. Owing to rising health awareness, consumers are found to have high demand for chemical-free air fresheners. Rising health concerns among the consumers about the demerits of inhaling chemicals released from the air fresheners have a positive impact on the natural air care in air care market. The rising consumers’ preference for natural air cares will be considered one of the major drivers for air care products market.

Air Care Major Key Players Analysis:

Procter & Gamble Co
Reckitt Benckiser Group,
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.

Full report on Air Care Market report spread across 111 pages, profiling 18 companies and supported with tables and figures available @ https://www.marketresearchfuture.com/reports/air-care-market-4638

Target Audience:

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

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