The air freshener market is advancing at a sluggish rate and is projected to register a CAGR of 3.5% during the forecast period 2022 to 2032.
Globally, the demand for air fresheners registered stable growth during the last five years, and is expected to witness favourable growth during the forecast period. This is attributed to product innovations, increased adaption of enhanced products and rising affluence.
Changing and improving lifestyle and demographic factors, as well as increasing population in developing countries is driving demand for air freshener products in Asia Pacific and Rest of the World.
What Factors are Determining the Demand for Air Fresheners?
The key drivers in the air freshener market includes product innovation and launch of new product ranges capable of delivering freshness as well as enhanced ability to eliminate offensive odours. These properties serve to enhance consumer preference for such products and offers value for money.
In addition, rise in disposable income and purchasing power parity has shifted the demand of consumers towards enhanced products, which is further expected to fuel market growth.
The key players in the global air freshener market include Procter & Gamble, SC Johnson, Reckitt Benckiser, Henkel, Church & Dwight, California Scents, ST Corporation, Scott’s Liquid Gold, Inc., Amway, Kobayashi, Liby, Houdy, Farcent, Jiali, Ludao, Mengjiaolan, and others.
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What are the Different Segments of the Air Freshener Market?
On the basis of types, these products can be broadly segmented into room sprays and fragrance diffusers. Room sprays fall under the category of aerosol sprays, which are mostly available in cans or glass bottles with attached spray nozzles.
Room sprays are highly functional and instead of simply masking foul odours, they release a pleasant fragrance. On the other hand, diffusers disperse fragrance into the air.
Furthermore, these are widely classified into active and passive diffusers. Active diffusers require an external energy source of energy to release fragrance. These products are designed to function on a plugged power source or with batteries.
Passive diffusers do not require any external energy source and diffuse fragrance from various forms of underlying substances or layers. The various types of passive diffusers include adjustable solids, reed diffusers and gel products.
Besides room sprays and diffusers, the air freshener market is further segmented into specialty products. These types of air fresheners comprise a variety of products designed to add fragrance to a room or space, and are available in various forms such as potpourri.
This type of air freshener comprises forms of dried botanical and other natural ingredient such as flowers, fruits, wood chips and spices that may have fragrance oils added to them.
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Another is sachets, small pouches or bags filled with scented powder. Another type is incense, which is produced from a mixture of fragrant gums, resins, woods and spices and is available in varied forms such as sticks, cones, rods, coils, small blocks, wands and powders.
Furthermore, fragrance oil burning lamp is another type of air freshener. This type acts as a catalytic diffusion lamp, purifying the air while releasing fragrance. Yet another type is the non-electric or evaporative air freshener. This type releases fragrance when scented oil is added to an oil warmer, which is heated using a tea light candle.
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