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Car Air Freshener Market projected to discern stable expansion during 2021-2031

10-11-2022 09:01 AM CET | Tourism, Cars, Traffic

Press release from: transparency market research pvt ltd

Car Air Freshener Market projected to discern stable expansion

Transparency Market Research delivers key insights on the car air freshener market in North America. In terms of revenue, the car air freshener market in North America is estimated to expand at a CAGR of 4% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the North America car air freshener market.

Get report details-https://www.transparencymarketresearch.com/north-america-car-air-fresheners-market.html

Companies are investing in R&D to launch an exclusive collection of car air freshener products. Manufacturers are expanding their product lines to cater to the increasing demand for car air freshener products. Rising levels of pollution due to rapid urbanization and industrialization has resulted in poor air quality. A surge in pollution has a significant impact on the car air freshener market in North America.

North America Car Air Freshener Market: Key Segments

In terms of product type, the hanging car air fresheners segment accounts for a dominant share followed by the vent car air fresheners segment. Hanging car air fresheners are available in different shapes and sizes, and are less expensive as compared to other types. This is leading to the increased adoption of hanging car air fresheners across the region.

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In terms of ingredient, the synthetic segment accounts for a major share of the car air freshener market in North America due to the availability of a wide variety of products with synthetic ingredients. However, the demand for car air fresheners with organic/natural ingredients is on the rise. Key players in the market are primarily focusing on the introduction of new products in the market to cater to the increased demand.

Based on price, the low price segment dominates the car air freshener market in North America. Affordability is key to the expansion of the segment.

Based on distribution channel, the car air freshener market is currently dominated by the offline segment. However, sales via online channels are anticipated to rise at a rapid pace in the near future. Manufacturers are focused on the development of their distribution, marketing, and sales channels to improve their product reach in order to cater to the increased demand.

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North America Car Air Freshener Market: Prominent Country

The U.S. held a prominent share of the North America car air freshener market in 2020, followed by Canada and Mexico. The high disposable income is fuelling the demand for car air freshener products in the U.S.

Moreover, rise in the demand for natural/organic car air freshener products made from natural ingredients, such as essential oils and different herbs, is also fuelling the market. The market in Canada is projected to expand at a rapid pace over the next few years due to increase in purchasing power of consumers in the country.

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North America Car Air Freshener Market: Key Players

Key players operating in the North America car air freshener market are Air Delights Inc., Henkel AG & Company KGaA, Newell Brands, Procter & Gamble Co., Reckitt Benckiser Group PLC, S.C. Johnson & Son, Inc., CAR-FRESHNERS Corporation, Auto Expressions, and American Covers.

About Transparency Market Research

Transparency Market Research registered at Wilmington, Delaware, United States, is a global market research firm that offers Market Analysis Reports and business consulting. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact Us:

Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
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Email: sales@transparencymarketresearch.com

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