Air Care Market: Overview
Air care products are primarily used for indoor air
purification. The products are used for reduction of undesirable odors and make
the room smell fresher. These products are available in several forms such as
candles, gels, air purifiers, and sprays. Demand for air care products is
growing in both developed and developing countries. The increasing demand rate
is attributed to increasing level of air pollution. These products are used for
indoor purposes to repel the smell of cigarette smoke, smoke from firewood, as
moth repellents, and volatile organic compound releases from perfumes and hair
sprays.
SC Johnson & Son, Inc., Reckitt Benckiser Plc., and
Procter & Gamble Co. held a collective share of 60% for air care products
in 2014. While they do hold the majority of the market value together, the
number of regional players offering air care
products is still very high. Most of the manufacturers of
air care products are beginning to focus on attractive market segments such as
candle air fresheners. This is due to a growing concern over environmental
issues and the consequent reduction in the use of aerosols and sprays.
Major Key Players of
the Air Care Market are:
Henkel Group, Procter & Gamble Co., Church & Dwight Co. Inc.,
Reckitt Benckiser Inc., WD-40 Co., SC Johnson & Son Inc., Chesapeake Bay
Candle, Car Freshener Corporation, Candle-lite, Inc., and American Covers, Inc.
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Care Market” at: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=625
Globally Improving Living Standards and Increasing Air
Pollution Push Air Care Product Sales
“A lot of countries are showing a very positive rate of
development,” states a TMR analyst. “The quality of life in Asia Pacific, for
instance, is fast improving, and the disposable income that individuals hold is
increasing as well. This is turning many consumers towards retail markets such
as air care products for their cars and their homes, thus adding a significant
weight to the demand for air care products on a global level.”
Asia Pacific and Latin America are most visibly showing high
economic growth rates and preference for a wide array of air care products.
This also applies to countries from other regions such as Egypt, where the
massive amounts of dust in the air is creating an equally high demand for air
care products.
Key Takeaways:
- Aerosol
and spray air fresheners are expected to lead the market revenue till
2021, expected to reach US$3.94 bn in 2021
- Retail
sales of air care products are expected to generate US$11.28 bn in revenue
by 2021
- Asia
Pacific air care demand expected to create revenues worth US$3.72 bn by
2021.
Key Segments of the Global Air Care Market
Global Air Care Products Market, by Type
- Electric
Air Fresheners
- Candle
Air Fresheners
- Liquid
Air Fresheners
- Gel
Air Fresheners
- Spray/aerosol
Air Fresheners
- Others
Global Air Care Products Market, by Distribution Channel
- Retail
- Business-to-business
Research objectives:-
– To study and analyze the global Air Care consumption
(value & volume) by key regions/countries, product type and application,
history data.
– To understand the structure of the Air Care market by
identifying its various sub-segments.
– Focuses on the key global Air Care manufacturers, to
define, describe and analyze the sales volume, value, market share, market
competitive landscape, SWOT analysis, and development plans in the next few
years.
– To analyze the Air Care with respect to individual growth
trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors
influencing the growth of the market (growth potential, opportunities, drivers,
industry-specific challenges and risks).
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