Home Fragrance Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

How Large Will the Home Fragrance Market Size By 2025?
The home fragrance industry has seen robust expansion in recent years. The market, which will be worth $8.37 billion in 2024, is predicted to reach $9.05 billion in 2025, with a compound annual growth rate (CAGR) of 8.1%. This substantial growth in the historical timeframe is due to changes in consumer tastes, an increase in disposable income, the rise of e-commerce and retail development, as well as cultural and regional impacts, and a culture of gifting.

How Big Is the Home Fragrance Market Size Expected to Grow by 2029?
The market size for home fragrances is projected to witness significant expansion in the coming years, reaching $12.96 billion in 2029, with a compound annual growth rate (CAGR) of 9.4%. Factors fueling this growth over the forecast period include the rising demand for natural and organic products, the trend of home entertaining, health and safety considerations, swift urbanization, and the entry into multisensory experiences. Key trends predicted for the forecast period are seasonal and limited-edition products, personalized and customized scents, novel diffuser technologies, collaborations with lifestyle and interior brands, rare and exotic fragrances, as well as environmentally-friendly packaging.

View the full report here:
https://www.thebusinessresearchcompany.com/report/home-fragrance-global-market-report

Which Key Market Drivers Powering Home Fragrance Market Expansion and Growth?
The surge in demand for natural essential oils in home scent products is predicted to stimulate the expansion of the home fragrance market. The utilization of natural essential oils is gaining popularity as individuals focus more on their health and well-being, as well as the attractive appeal of aromatherapy. It's a form of supplementary medicine used to enhance one's state of health and wellness. The European Federation of Essential Oils (E.F.E.O), an authority regulated by the FDA, states that the global production of essential oils makes up about 600,000 hectares out of the 1.6 billion hectares of agricultural production. Roughly one million farms are involved in this industry, comprising 0.06 percent of all farms globally (1.600 million). As per the Fragrance Creators Association, the fragrance industry provided $22.4 billion to the U.S. economy amid the global pandemic. Hence, the rising application of essential oils by manufacturers in scent products is fueling the growth of the home fragrance market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6659&type=smp

Which Emerging Trends Are Transforming the Home Fragrance Market in 2025?
Leading firms in the home fragrance market are introducing novel products such as Wasabi home scents, in response to changing consumer tastes. The term Wasabi Home Scents describes a distinctive range or aroma category within the home fragrance market, leveraging the spicy and strong wasabi, typically linked with Japanese food, as a primary fragrance. For example, in June 2024, LOEWE, a fashion company from Spain, introduced a fresh fragrance named Wasabi in their Home Scents collection, drawing inspiration from the characteristic Japanese spice. This pioneering aroma boasts spicy accents, skillfully blended with deeper tones of basmati rice and lemongrass to revitalize any area. LOEWE's Wasabi fragrance is accessible in three types - scented candles, ornamental wax candle holders, and a room spray, showcasing LOEWE's dedication to combining culinary creativity with top-tier home fragrances to deliver a unique olfactory experience.

What Are the Emerging Segments in the Home Fragrance Market?
The home fragrance market covered in this report is segmented -

1) By Product Type: Candles, Room Sprays, Reed Diffuser, Essential Oils, Incense Sticks
2) By Fragrances: Lemon, Lavender, Jasmine, Rose, Sandalwood, Vanilla, Other Fragrances
3) By Distribution Channel: Supermarkets And Hypermarkets, Online Stores, Convenience Stores, Other Distribution Channels
4) By Form: Liquid, Dry, Solid
5) By End-User: Home Care, Healthcare, Hospitality, Museums, Commercial, Other End-Users

Subsegments:
1) By Candles: Scented Candles, Unscented Candles, Decorative Candles, Pillar Candles, Tealight Candles
2) By Room Sprays: Air Fresheners, Fabric Sprays, Odor Eliminators, Essential Oil Sprays
3) By Reed Diffusers: Standard Reed Diffusers, Decorative Reed Diffusers, Reed Diffuser Refills
4) By Essential Oils: Single Essential Oils, Essential Oil Blends, Organic Essential Oils
5) By Incense Sticks: Traditional Incense Sticks, Cone Incense, Coil Incense, Natural Or Organic Incense Options

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=6659&type=smp

Who Are the Global Leaders in the Home Fragrance Market?
Major companies operating in the home fragrance market include Procter & Gamble, Minnesota Mining and Manufacturing Company, Henkel AG & Co. KGAA, Reckitt Benckiser Group PLC, The Estee Lauder Companies Inc., S. C. Johnson & Son Inc., Newell Brands Inc., Bath & Body Works LLC, doTERRA International LLC, MINISO Co Ltd, The Yankee Candle Company Inc, Now Health Group Inc., Godrej and Boyce Mfg. Co. Ltd, Village CandleInc., Airwick Inc., Scentair Technologies Inc., Esteban Paris Parfums, NEST Fragrances LLC, Ripple Fragrances Pvt. Ltd, Bridgewater Candle Company, Flame & Wax Inc., Air Essentials Inc., Illume Inc., Seda France Inc., Bougie Et Senteur, Korona Candles S.A, Copenhagen Candle Company, Puzhen Life Co. Ltd

Which are the Top Profitable Regional Markets for the Home Fragrance Industry?
Western Europe was the largest region in the home fragrance market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the home fragrance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6659

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.