The car air freshener market size is expected to see strong growth in the next few years. It will grow to $3 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to the increasing number of vehicles, rising consumer awareness, growing urbanization, heightened environmental concerns, and the expansion of global tourism. Major trends expected during this period include the introduction of new fragrances and innovative designs, a preference for easy-to-use and convenient products, availability of customized air fresheners, demand for premium and luxury options, and a growing preference for sustainable and biodegradable air fresheners.
The growing demand for luxury cars is anticipated to boost the car air freshener market. Luxury cars are distinguished by their superior quality, advanced technology, premium materials, and exceptional comfort, often accompanied by a higher price and exclusive features compared to standard vehicles. This rising demand is driven by increased disposable incomes, a preference for advanced technology and comfort, and the status symbol associated with high-end vehicles. Car air fresheners are important for luxury cars to maintain an ambiance of freshness and comfort, improving the overall premium driving experience by eliminating unpleasant odors. For example, a report from CarExpert Pty Ltd., an Australia-based automotive publisher, indicated in April 2023 that the Jaguar F-Pace SUV was the top seller for the brand in Australia, with 48 units sold. Maserati sold 31 Grecale SUVs, and Volvo's XC40 luxury SUV saw an 18.7% increase in sales, totaling 1,505 units. Thus, the growing demand for luxury cars is fueling the expansion of the car air freshener market.
Key players in the car air freshener market are introducing innovative products, such as gel-based hanging car fresheners, to offer longer-lasting scents and enhance the driving experience. A gel-based hanging car freshener is a product that uses a gel substance suspended in a hanging container to gradually release a pleasant fragrance, improving the air quality inside the car. For example, in December 2023, Godrej aer, an India-based air freshener company, launched the Godrej aer O. This new product features a gel-based hanging design that ensures a consistent and controlled fragrance release. The range includes three variants - Musk After Smoke, Rose Blossom, and Cool Aqua - catering to different preferences and creating a personalized, fresh environment in the car.
In October 2022, Scentbird, a US-based luxury perfume and scent provider, acquired Drift for an undisclosed sum. This acquisition allows Drift to broaden its manufacturer relationships and explore exclusive partnerships with Scentbird’s brand affiliates. While Scentbird and Drift will continue their separate subscription models, they plan to introduce a combined subscription offering that includes products from both companies, expected to launch in 2023. Drift is a US-based manufacturer specializing in car air fresheners.
Major companies operating in the car air freshener market are 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.
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 car air freshener market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the car air freshener market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A car air freshener is a product designed to enhance the interior air quality of a vehicle by eliminating or masking unpleasant odors and providing a pleasant fragrance. Beyond just improving the car's scent, air fresheners can also contribute to a more enjoyable and comfortable driving experience.
The main types of car air fresheners include clip-on, plug-ins, sprays or aerosols, paper, hanging, and others. A clip-on car air freshener is a small device that attaches to the car's air vent, releasing a pleasant scent as air flows through it. These fresheners come in various forms such as crystal, foam, gel, liquid, powder, and more, and can be either scented or unscented. They are sold through multiple sales channels, including hypermarkets or supermarkets, convenience stores, department stores, independent stores, online retailers, and others. They are used by various end-users, including sports cars, mid-range cars, SUVs, and other vehicle types.
The car air fresheners market research report is one of a series of new reports that provides car air fresheners market statistics, including car air fresheners industry global market size, regional shares, competitors with a car air fresheners market share, detailed car air fresheners market segments, market trends and opportunities, and any further data you may need to thrive in the car air fresheners industry. This car air fresheners market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The car air freshener market consists of sales of roasted oil diffusers, air freshener wipes and air freshener pads. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
Executive Summary
Car Air Freshener Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on car air freshener market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for car air freshener? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product Type: Clip-On; Plug-Ins; Spray Or Aerosol; Paper; Hanging; Other Product Types2) 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
Key Companies Mentioned: Procter & Gamble Co.; Henkel AG Co. KG; Reckitt Benckiser Group Plc; ST Corporation; SC Johnson Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- 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.
Methodology
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | September 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 2.45 Billion |
Forecasted Market Value ( USD | $ 3 Billion |
Compound Annual Growth Rate | 5.3% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |