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Car Air Freshener Global market Report 2024 : Market Size, Trends, And Global Forecast 2024-2033
The Business Research Company's Car Air Freshener Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
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LONDON, GREATER LONDON, UNITED KINGDOM, September 19, 2024 /EINPresswire / -- The car air freshener market has experienced robust growth in recent years, expanding from $2.33 billion in 2023 to $2.45 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to rising disposable incomes, e-commerce expansion, changes in lifestyle, increasing time spent in cars, influence of social media.
What Is The Estimated Market Size Of The Global Car Air Freshener Market And Its Annual Growth Rate?
The car air freshener market is projected to continue its strong growth, reaching $3 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to increasing number of vehicles, rising consumer awareness, increasing urbanization, rising environmental concerns, global tourism growth.
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Growth Driver Of The Car Air Freshener Market
The increasing demand for luxury cars is expected to propel the growth of the car air freshener market going forward. Luxury cars are high-end vehicles known for their superior quality, advanced technology, premium materials, and exceptional comfort, often with a higher price tag and exclusive features compared to standard cars. The demand for luxury cars is rising due to increasing disposable incomes, consumer preference for advanced technology and comfort, and the status symbol associated with owning high-end vehicles. Car air fresheners are required for luxury cars to maintain an atmosphere of freshness and comfort, enhancing the overall premium driving experience by eliminating any unpleasant odors.
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Which Market Players Are Driving The Car Air Freshener Market Growth ?
Key players in the car air freshener market include Procter & Gamble Co., Henkel AG Co. KG, Reckitt Benckiser Group Plc, ST Corporation, SC Johnson Inc., Amway Corp., Newell Brands Inc., Church & Dwight Co. Inc., Liby Group, Godrej Consumer Products Ltd., Kobayashi Pharmaceutical Co. Ltd., Yankee Candle Company, Car-Freshener Corporation, Farcent Enterprise Co. Ltd., ACS Giftware Industrial Ltd., California Scents, American Covers Inc., Abro Industries Inc., Air Delights Inc., Chic Accessories, Fujian Mengjiaolan Daily Chemicals Co. Ltd., Scott's Liquid Gold Inc., Ada Electrotech (Xiamen) Co. Ltd., Auto Expressions, Car Mate USA Inc.
What Are The Emerging Trends Shaping The Car Air Freshener Market Size ?
Major companies operating in the car air freshener market are developing innovative products, such as gel-based hanging car fresheners, to provide longer-lasting fragrances and enhance the driving experience. A gel-based hanging car freshener is a vehicle air freshening product that suspends a gel substance in a hanging container, gradually releasing a pleasant fragrance to improve the car's interior air quality.
How Is The Global Car Air Freshener Market Segmented?
1) By Product Type: Clip-On, Plug-Ins, Spray Or Aerosol, Paper, Hanging, Other Product Types
2) By Product Form: Crystal, Foam, Gel, Liquid, Powder, Other Product Forms
3) By Fragrance: Scented, Unscented
4) By Sales Channel: Hypermarkets Or Supermarkets, Convenience Stores, Departmental Stores, Independent Stores, Online Retailers, Other Sales Channels
5) By End-User: Sports Car, Mid-Range Car, SUV, Other End-Users
Geographical Insights: Europe Leading The Car Air Freshener Market
Europe was the largest region in the car air freshener market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Car Air Freshener Market Definition
A car air freshener is a product designed to improve the interior air quality of a vehicle by eliminating or masking unpleasant odors and providing a pleasant fragrance. Car air fresheners serve not only to make the car smell pleasant but can also enhance the overall driving experience by creating a more enjoyable and comfortable environment.
Car Air Freshener Global Market Report 2024 from TBRC covers the following information:
.Market size data for the forecast period: Historical and Future
.Macroeconomic factors affecting the market in the short and long run
.Analysis of the macro and micro economic factors that have affected the market in the past five years
.Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
.Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
An overview of the global car air freshener market report covering trends, opportunities, strategies, and more
The Car Air Freshener Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on car air freshener market size, car air freshener market drivers and trends, car air freshener market major players, car air freshener competitors' revenues. This report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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