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Household Air Care Products Market Outlook with Size, Ongoing Trends, Top Players Analysis and Forecast 2017-2022

01-24-2018 07:12 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

Fact.MR has recently added a new report to its vast online database. This research study is titled as “Household Air Care Products Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” which presents an in-depth study about the production, consumption, market volume, revenue (million USD) and market share across different geographical regions.

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Household air care products are developed for conditioning or enhancing the indoor environment, eliminating unpleasant odors, removing airborne particles, and freshening the air. The products include room and rug deodorizers, candles, room sprays, scented gels, air fresheners, and several other static product forms, along with electronic room fresheners, and other various dynamic product forms.

The surge in air pollution, along with growing interests of consumers for fragrant or cleaner air, has led towards a robust adoption of air care products for household use. Regions such as China, and Egypt showcase higher than average air pollution levels in the form of dust and smoke, which in turn has been shifting the focus of manufacturers towards these regions for air care products distribution and sales. Developing economies have been witnessing a rapid improvement in the consumerist environment, owing to the rising prevalence of consumer products brands, which is further backed by the rise in purchasing power of people. Busy lifestyles of people render them with less time for cleaning at home, however, they still look for solutions to keep their residents fresh and clean. Some individuals utilize air fresheners for creating a good ambience of air, which sets a good mood, or offers relaxation. In addition, home with kids as well as pets have been discerned to account for a larger adoption of air care products.

The global market for household air care products is estimated to register a slack in growth over 2017 to 2022, according to a new report by Fact.MR. The global household air care products market is anticipated to reach nearly US$ 12,000 Mn in revenues by 2022-end.

9 Key Estimations for the Global Household Air Care Products Market

1. Accounting for the largest revenues share of the market, Europe will continue to retain its dominance in the global household air care products market.

2. The market in North America is expected to exhibit the fastest expansion, owing to the availability of leading market players in the region.

3. Revenues from sales of household air care products in APEJ will account for approximately one-fourth share of the market during the forecast period.

4. Spray and aerosol is expected to remain the top-selling product in the market, with sales poised to account for roughly US$ 7,000 Mn by 2022-end.

5. Between sales of candles & strips, and ionizers, the latter is estimated to hold a higher market revenue share, while the former will exhibit a relatively faster expansion through 2022.

6. Spices & herbs are expected to emerge as a prevalent fragrance flavor for household air care products, on the back of their anti-oxidant properties. Sales of spices and herbs for fragrances of household products will continue to witness a comparatively faster expansion than other fragrance type segments through 2022.

7. Floral fragrance for household air care products will remain dominant in the market, in terms of revenues.

8. Grocery stores are expected to remain sought-after among distribution channels for household air care products in the global market.

9. Sales of household air care products in e-commerce distribution channel are expected to register the highest CAGR through 2022.

Browse Full Report with TOC- https://www.factmr.com/report/81/household-air-care-products-market

Europe to Remain Dominant in the Global Household Air Care Products Market

In terms of revenues, sales of household air care products in Europe are projected to account for the largest share of the market. Europe is estimated to remain dominant in the market over the forecast period. Sales of household air care products in North America are expected to register the fastest expansion through 2022. Revenues from household air care product sales in Asia Pacific excluding Japan (APEJ) are anticipated to account for nearly one-fourth share of the global market throughout the forecast period.

Spray & aerosol will remain the top-selling among household air care product across the globe, with sales estimated to reach approximately US$ 7,000 Mn in revenues by 2022-end. Amidst sales of ionizers, and candles & strips, the former is estimated to account for a higher market share in terms of revenues, while the latter will exhibit a comparatively higher CAGR through 2022.

Floral Fragrance to Remain Preferred for Household Air Care Products

Spices & herbs will emerge as a popular fragrance flavor utilized in the household air care products, owing to their anti-oxidant properties. Sales of spices & herbs for fragrances in household products are estimated to register a comparatively higher CAGR than other segments of fragrance type through 2022. In terms of revenues, floral fragrance in household air care products will continue to be preferred in the market during 2017 to 2022.

Grocery stores will remain sought-after in the global household air care products market, based on distribution channels. Household air care product sales in e-commerce distribution channel will register the fastest expansion through 2022.

Competition Tracking

The report has also profiled leading companies partaking in the growth of global market for household air care products. Companies such as Reckitt Benckiser, The Procter & Gamble Co., SC Johnson & Son, Inc., Henkel KgaA, Air Delights, Inc., Church & Dwight Co., Inc., Earth Chemical Company Ltd., The Yankee Candle Company, Inc, J.K. Helene Curtis Limited, Godrej Consumer Products Limited, Ada Electrotech (Xiamen) Co., Ltd., Blyth, Inc., S.T. Corporation, RB plc, Farcent Enterprise Co., Ltd., and California Scents are expected to remain active in the global market for household air care products through 2022.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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