Air Freshener Dispenser Market Size, Share, Growth, Trends and Industry Research Report
by Susan Hill Business ConsultantThe
global air freshener dispenser market size is anticipated
to reach USD 13.1 billion by 2025, according to a new report by Grand View
Research, Inc., expanding at a CAGR of 15.2% over the forecast period. Growing
preferences for high-end lifestyles, coupled with demand for convenient devices
that help in hassle free air care, has been providing lucrative opportunities
for the global market.
Consumers’
demand for automated utility products is driving the popularity of air
freshener dispensers. Electric dispensers are commonly used across the
residential and commercial sectors. Features such as effective functionality,
compact designs, portability, and convenient use are resulting in increasing
traction of this product. Wall mounted dispensers, which serve as a handy
gadget, have the highest acceptance due to their easy installation. For
instance, Qbic is a brand owned by CGS Stores LTD, a company that specializes
in online stores. This store offers a wide range of electric air freshener
dispensers sourced from Europe, Asia, and U.S.
Online
distribution channel is expected to expand at the fastest CAGR of 15.6% over
the forecast period. Companies are tying up with online retailers as well as
introducing their e portals. For instnace, Alibaba, Hygiene Supplies Direct
U.K., Amazon, and Walmart tied up with leading home fragrance manufactures.
Brands such as Airwick by Reckitt Benckiser are widely available on retailer
websites such as ASDA, TESCO, Sainsbury’s, Morrisons, Waitrose, Ocado, and
Amazon in U.K.
The
residential end user segment accounted for a major share of more than 70.0% in
2018. Growing need to maintain healthy indoor air quality, consumers’ busy lifestyle,
and increasing preferences for automated products have resulted in increased
popularity of air freshener dispensers. Companies are continuously focusing on
offering modified features and technology that eliminates the need for any
manual intervention. The commercial end user segment is expected to witness the
highest growth over the forecast period owing to growing importance of
maintaining hygiene in the public areas with minimal manual operations.
Europe
accounted for the largest market share in 2018. Effective retail
infrastructure, presence of large number of online retailers, and high
purchasing power of the consumers are some of the factors contributing to the
market growth in Europe. The market in Asia Pacific is expected to witness the
highest growth during the forecast period. The market is expected to be driven
by improvement in lifestyle, coupled with increasing purchasing power in
countries such as China and India.
Further key
findings from the report suggest:
- The global air
freshener dispenser market is expected to expand at a CAGR of 15.2% from
2019 to 2025
- By end user,
the residential segment accounted for a share of more than 70.0% in 2018
and is expected to witness steady growth over the forecast period
- By distribution
channel, supermarkets/hypermarkets held a major share of more than 40.0%
in 2018 and is expected to maintain its lead in the next few years
- Key market
players include Vectair Systems Ltd.; Reckitt Benckiser Inc.; Qingdao
Anyfeel Electric Co. Ltd.; Jarden Corporation; Farcent Enterprise Co.
Ltd.; S.C. Johnson & Son Inc.; Church & Dwight Co. Inc.; Procter
& Gamble Co.; and Henkel KGaA.
Access
full research report on global air freshener dispenser market:
www.grandviewresearch.com/industry-analysis/air-freshener-dispenser-market
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Created on Nov 8th 2019 01:35. Viewed 433 times.