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Air Care Market Share, Trends, Top Companies, Regional Analysis, Segments And Forecast To 2032
Air Care Market Analysis
The Business Research Company's Air Care Global Market Report 2023 identifies rise in pollution levels as the major driver for the air care market's growth in the forecast period. Pollution levels measure the concentration or number of pollutants present in the environment, typically in the air, water, or soil. Air care, or air pollution control, is essential for reducing the harmful effects of air pollution on human health and the environment, which provides improved public health, climate change mitigation, improved air quality, and environmental protection.
The global air care market is expected to grow from $12.87 billion in 2022 to $13.62 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The air care market is expected to reach $16.81 billion in 2027 at a CAGR of 5.4%.
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Major competitors in the air care market are The Procter & Gamble Company, Unilever plc, Henkel AG & Co. KGaA, Kimberly-Clark Corporation, Reckitt Benckiser Group Plc., S. C. Johnson & Son Inc, Newell Brands Inc., The Clorox Company.
A key trend in the air care market includes product innovation. Major companies operating in the air care market are concentrating on creating innovative products to strengthen their position in the air care market. For instance, in February 2022, Yankee Candle Company Inc, a US-based manufacturer and retailer of scented candles, candleholders, accessories, and dinnerware, launched the new Yankee Candle's well-living collection. It is a series of wellness-inspired scents designed to uplift the spirits and encourage restoration and rebirth. This collection features a color scheme influenced by nature, a unique square vessel shape, and a natural rubberwood lid. These are available in various shapes and sizes, including a single wax melt, a medium square jar with three wicks, and a large square jar with two wicks.
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The air care market is segmented -
1) By Product: Gel Air Fresheners, Electric Air Fresheners, Candle Air Fresheners, Spray Or Aerosol Air Fresheners, Liquid Air Fresheners, Other Products
2) By Price: Low, Medium, High
3) By Distribution Channel: Online, Offline
4) By Application: Rooms, Toilets, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the air care market.
The Business Research Company's "Global Air Care Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Air Care Market Include:
1. Executive Summary
2. Air Care Market Characteristics
3. Air Care Market Trends And Strategies
4. Air Care Market - Macro Economic Scenario
……
32. Global Air Care Market Competitive Benchmarking
33. Global Air Care Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Air Care Market
35. Air Care Market Future Outlook and Potential Analysis
36. Appendix
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