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Car Fragrance Market- Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: 3M, Guangdong Aiche Hut E-commerce Technology, Linno, Shenzhen Renqing(Rock)

04 Apr, 2022 | 138 Pages
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Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Car Fragrance Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.5% during the review period (2022 to 2027)



Car Fragrance Market Overview:



The automobile air freshener market is estimated to reach $2.6 billion by 2027, growing at a CAGR of 4.5 percent between 2021 and 2027. The automobile air freshener market is being driven by consumers' changing lifestyles and the global desire for high-quality indoor/outdoor air. The growing levels of contaminants in the air are driving up the demand for air care products that may be used in automobiles, which is driving up the demand for automobile air fresheners. Furthermore, the public's increased desire for environmentally friendly and sustainable products, such as odor eliminators, odor neutralizers, and aromatic components, is driving market expansion. During the forecast period, growing automotive sales, higher demand for aromatic items made from natural plant extracts, and the launch of new car air fresheners in the form of gel cans would raise total market demand for vehicle air fresheners.



The increasing growth of air pollution across the globe is assisting to propel people to upsurge their consumption of the product. For instance, according to the data issued by the World Health Organisation, May 2018 is stating that 9 out of 10 people are estimated to be breathing air that has a high level of pollutants. Additionally, the growing adoption of a hygienic lifestyle leading to the increasing consumption of fragrance products, including car air fresheners is likely to fuel the demand.



Growth Drivers




  • Demand for exotic and adoring fragrances: The changing lifestyle of the consumers is leading to the increasing expansion of automobile industry. This expansion is further leading to the need for aromatic mood enhancing fragrances which enhances the driver experiences thereby fueling the demand for more exotic and adoring fragrances for automobiles.

  • Implementation of Stringent Environment Regulations: Governments around the globe are concentrating greatly on increasing people's awareness of having a safe and healthy environment, thus reducing pollution, including for aerosol propellants. 



Industry News:



September 2, 2018: Xiaomi launches car air freshener with fragrance extracted from plants--

Xiaomi’s crowdfunding platform Youpin has launched a new product, but this time it is not for your home instead it is meant for your car. The platform has listed ‘car air vent aromatherapy’ for RMB 59 (approximately Rs 600).



What are the major Applications, Types and Regions for Car Fragrance Market?



By Type, it is segmented into




  • Aerosol Type

  • Liquid Type

  • Solid Type



By Applications it is segmented into




  • Passenger Car

  • Business Car

  • Others



Car Fragrance Market Regional Analysis



North America led the Car Air Freshener market with a market share of more than 41.3 percent, followed by Europe and APAC. The presence (headquarters) of significant enterprises such as ACS Giftware Industrial Ltd., Air Delights Inc., Automotive Freshner Corporation, and others in North America is likely to strengthen the market for car air fresheners. Changing client tastes, for example, as well as changing lifestyles, are increasing the need for automobile air fresheners. Furthermore, vehicle sales in the United States surpassed 17 million in 2019, which is a significant factor supporting the growth of the North American Car Air Freshener market.




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





The Car Fragrance Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Car Fragrance Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.



What is our Car Fragrance Market Report Scope?























































Report Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 4.5% over the forecast period (2022-2027)



By Type




  • Aerosol Type

  • Liquid Type

  • Solid Type



By Application




  • Passenger Car

  • Business Car

  • Others



By Companies



3M, Guangdong Aiche Hut E-commerce Technology, Linno, Shenzhen Renqing(Rock), L'original, Dicoro, Millefior, Giorgio Armani, Xiaomi



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



138



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Car Fragrance Report




  • Evaluate Car Fragrance market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Car Fragrance market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.



Frequently Asked Questions



What is the growth rate of Car Fragrance Market?



The Car Fragrance Market is growing at a CAGR of 4.5% over the next 5 years.



Who are the key players in Car Fragrance Market?



3M, Guangdong Aiche Hut E-commerce Technology, Linno, Shenzhen Renqing(Rock), L'original, Dicoro, Millefior, Giorgio Armani, Xiaomi



What are the significant types of Car Fragrance Market?



Aerosol Type, Liquid Type, Solid Type



What are the major end-use applications of Car Fragrance Market?



Passenger Car, Business Car, Others



All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL CAR FRAGRANCE MARKET BY TYPES

    3. GLOBAL CAR FRAGRANCE MARKET BY APPLICATIONS



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR CAR FRAGRANCE  



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. CAR FRAGRANCE GROWTH

      2. APPLICATION OF CAR FRAGRANCE  



    4. IMPACT OF COVID 19





GLOBAL CAR FRAGRANCE MARKET, BY TYPES




  1. Aerosol Type

  2. Liquid Type

  3. Solid Type



GLOBAL CAR FRAGRANCE MARKET, BY APPLICATION




  1. Passenger Car

  2. Business Car

  3. Others



GLOBAL CAR FRAGRANCE MARKET, BY REGION






    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  1. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  2. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

    5. 3M

    6. Guangdong Aiche Hut E-commerce Technology

    7. Linno

    8. Shenzhen Renqing(Rock)

    9. L'original

    10. Dicoro

    11. Millefior

    12. Giorgio Armani





 

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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