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Home Fragrance Market Analysis, Size And Trends Global Forecast To 2022-2030
The global home fragrance market report by the business research company increasing demand for natural essential oils in home fragrance products to be a major growth driver for the home fragrance market. The use of natural essential oils is becoming increasingly popular as people place a greater emphasis on their health and well-being, as well as a favorable impression of aromatherapy. It is classified as a supplemental medicine that is used to improve one's health and well-being. According to the European Federation of Essential Oils (E.F.E.O.), an FDA regulated body, world essential oil production accounts for approximately 600,000 hectares of the 1.6 billion hectares of agricultural production. Approximately one million farms produce in the industry, accounting for 0.06 percent of all farms worldwide (1.600 million). In June 2019, according to "The Value of Fragrance," a global report published by the International Fragrance Association (IFRA), a representative body of the fragrance industry, the manufacturing of fragrance ingredients alone contributes €7.2 billion to the economy and accounts for between €48 billion and €72 billion in value-added for 25 consumer product categories.The global home fragrance market size is expected to grow from $6.52 billion in 2021 to $6.94 billion in 2022 at a compound annual growth rate (CAGR) of 6.4%. The global home fragrance market size is expected to grow to $9.20 billion in 2026 at a CAGR of 7.3%.
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Western Europe was the largest region in the home fragrance market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global home fragrance market during the forecast period. The regions covered in the home fragrance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the home fragrance market are S. C. Johnson & Son Inc., Voluspa, Newell Brands, NEST Fragrances LLC, Godrej Aer., Reckitt Benckiser Group Plc., The Procter & Gamble Company, Seda France, ScentAir, 3M Company, Bougie Et Senteur, Bath & Body Works LLC, The Estee Lauder Companies Inc.
The global home fragrance market is segmented -
1) By Product Type: Candles, Room Sprays, Reed Diffuser, Essential Oils, Incense Sticks
2) By Fragrances: Lemon, Lavender, Jasmine, Rose, Sandalwood, Vanilla, Others
3) By Distribution Channel: Supermarkets and Hypermarkets, Online Stores, Convenience Stores, Others
4) By Form: Liquid, Dry, Solid
5) By End-User: Home Care, Healthcare, Hospitality, Museums, Commercial, Others
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The Home Fragrance Market Report Contents Include
1. Executive Summary
2. Home Fragrance Market Characteristics
3. Home Fragrance Market Trends And Strategies
4. Impact Of COVID-19 On Home Fragrance
5. Home Fragrance Market Size And Growth
....
26. Africa Home Fragrance Market
27. Home Fragrance Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Home Fragrance Market
29. Home Fragrance Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the Home Fragrance market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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