Press release
Air Care Market Report: Explosive Growth Predicted, Valued at $14.39 Billion in 2024, Forecasted to Reach $18.02 Billion by 2033
Air Care Market
The air care market size is expected to see strong growth in the next few years. It will grow to $18.02 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to rise in concerns about indoor pollution, smart home integration, e-commerce growth, customization and personalization, regulatory suppor. Major trends in the forecast period include air purification technologies, natural and botanical formulations, aromatherapy and wellness, contactless and touchless solution, collaborations with home decor brands.
Market Overview -
Air care refers to the products that improve the indoor environment by removing offensive scents, reviving the air, or removing airborne contaminants. It is used to deliver enjoyable aroma sensations and eliminate bad smells within.
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Environmental Concerns And Rising Pollution Levels Fueling Growth In The Air Care Market
The rise in pollution levels is expected to propel the growth of the air care market going forward. 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. For instance, in April 2023, according to the United States Environmental Protection Agency, a US-based Environmental Protection Government Agency, U.S. greenhouse gas emissions rose 5% in 2021. Additionally, CO2 emissions from burning fossil fuels grew by 7% in 2021. Therefore, the rise in pollution levels is driving the growth of the air care market.
Competitive Landscape -
Major companies operating in the air care market report 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, Westinghouse Electric Corporation, Church And Dwight Co. Inc., Scentsy Inc., Godrej Consumer Products Ltd., Candle-lite Company, Car-Freshener Corporation, Farcent Enterprise Co. Ltd., Rexair LLC, Fresh Products LLC, California Scents, Beaumont Products Inc, Clean Control Corporation, AromaTech, Air Wick, The Claire Manufacturing Company, Odorchem Manufacturing Corp., Greenleaf Gifts, The Beeswax Candle Co, Moso Natural, Airance, Aariapure Private Limited, Hubmar Inc.
Innovative Air Care Trends By Introducing Well-Living Collection For Uplifting Wellness-Inspired Scent
Product innovation is a key trend gaining popularity in the air care market. 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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Key Segments -
The air care market covered in this report 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
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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