NEW YORK , April 25, 2024 /PRNewswire/ -- The global air care market size is estimated to grow by USD 4.59 billion from 2023 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 5.65% during the forecast period. The report provides a comprehensive forecast of key segments below-
Segmentation Overview
- Distribution Channel
- 1.1 Offline
- 1.2 Online
- Type
- 2.1 Air freshener sprays
- 2.2 Electric air fresheners
- 2.3 Car air fresheners
- 2.4 Air freshener gels
- 2.5 Others
- Geography
- 3.1 APAC
- 3.2 North America
- 3.3 Europe
- 3.4 South America
- 3.5 Middle East and Africa
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1.1 Fastest growing segment:
During the coming years, expect the offline market for aircare products to grow a lot. In 2022, it already had the biggest share globally. This includes places like big supermarkets, discount stores, and other shops. From 2017 to 2021, the offline segment kept getting bigger, reaching a value of USD6,902.66 million.
1.1 More Insights:
- In supermarkets, you'll find lots of air fresheners with different smells, looks, and prices. This gives customers more choices, which can mean more sales. Supermarkets often have deals on household stuff, like air fresheners.
- As more organized stores pop up, products like air fresheners become easier to find, helping the offline market for aircare grow even more.
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Analyst Review
The Air Care Market encompasses a range of products designed to improve the quality of air in both residential and industrial indoor spaces. Key offerings include Room Air Moisturizers and Aircare Systems, such as Air Moisturizers and Aircare Dehumidifiers, which help regulate humidity levels.
Additionally, Air Purifiers, Aircare Diffusers, and Air Care Machines are essential for eliminating pollutants and odors caused by industrialization and pollution levels. Eco-friendly and Anti-Allergenic products, like Pure Aircare and Clean Air Care, are gaining popularity due to their ability to maintain healthy indoor air while minimizing environmental impact.
Sales of Cars and Automobiles also contribute to the market, as Air Fresheners, Odor Eliminators, and Sprays are frequently used to maintain a pleasant cabin atmosphere.
Market Overview
The Air Care market encompasses a range of products designed to improve indoor air quality. These include air purifiers, dehumidifiers, humidifiers, and air fresheners. Air purifiers utilize filters to remove pollutants, while dehumidifiers reduce moisture levels to prevent mold growth.
Humidifiers add moisture to dry environments, maintaining optimal comfort levels. Air fresheners provide a pleasing scent, masking unpleasant odors. Air conditioning systems with integrated air care features also play a significant role in this market.
Carbon monoxide detectors and air quality monitors are essential accessories, ensuring safety and maintaining healthy indoor environments. The Air Care market is projected to grow due to increasing awareness of indoor air quality and its impact on health.
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Key Topics Covered:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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