According to a new report, published by KBV research, The Global Air Freshener Market size is expected to reach $17.4 billion by 2030, rising at a market growth of 4.8% CAGR during the forecast period. In the year 2022, the market attained a volume of 2,532.3 million units, experiencing a growth of 4.9% (2019-2022).
The Corporate Offices segment would register a CAGR of 5.1% during (2023 - 2030). Corporations are increasingly focused on creating pleasant and inviting office spaces. These fresheners help maintain a welcoming environment, contributing to employee comfort and productivity. Corporate offices often have shared spaces such as meeting rooms, cafeterias, and common areas. They combat odors from food, foot traffic, or other sources, ensuring a pleasant atmosphere. Owing to these factors, there will be increased demand in the segment.
The Individual segment is generating the maximum revenue in the Global Air Freshener Market by Customer Type in 2022; thereby, achieving a market value of $10.7 billion by 2030. Integrating technology and smart features in electric air fresheners has been a significant growth driver. App-controlled diffusers and programmable devices are popular due to their convenience and customizable settings. Consumers' increased focus on sustainability has led to the demand for electric diffusers that use natural essential oils, minimizing the use of synthetic fragrances. As a result, the segment will expand rapidly in the future.
The Electric segment would showcase a CAGR of 5.4% during (2023 - 2030). Corporations are increasingly focused on creating pleasant and inviting office spaces. They help maintain a welcoming environment, contributing to employee comfort and productivity. Corporate offices often have shared spaces such as meeting rooms, cafeterias, and common areas. These fresheners combat odors from food, foot traffic, or other sources, ensuring a pleasant atmosphere. Owing to these factors, there will be increased demand in the segment.
The Europe region dominated the Global Air Freshener Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $5.8 billion by 2030. The Asia Pacific region is anticipated to grow a CAGR of 5.4% during (2023 - 2030). Additionally, The North America region would experience a CAGR of 4.4% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/air-freshener-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of The Procter & Gamble Company (P&G), Reckitt Benckiser Group Plc, Henkel AG & Company, KGaA, Church & Dwight Co., Inc., S. C. JOHNSON & SON, INC., Godrej Consumer Products Ltd., Newell Brands, Inc., Amway Corporation, Kobayashi Pharmaceutical Co. Ltd. and Farcent Enterprise Co. Ltd.
By Application (Volume, Million Unit, USD Billion, 2019-30)
By Customer Type (Volume, Million Unit, USD Billion, 2019-30)
By Product Type (Volume, Million Unit, USD Billion, 2019-30)
By Geography (Volume, Million Unit, USD Billion, 2019-30)
Companies Profiled
Unique Offerings 
