Overview
The air care market is projected to grow at a CAGR of 2.58% during the forecast period. As per the air care market research report, the global market for air care is projected to grow swiftly by US$13,105.7 million by 2024. According to analysts, mounting pollution level as well as augmented preference for eco-friendly products will drive the market growth during the forecast period. The air care product market research report offers a comprehensive analysis of the global air care market and its distribution channel and product type segments. The high costs of air care products along with significant costs of raw material are the elements that could influence the air care market advancement throughout the forecast period. The air care market research report by expert analysts is developed to assist organizations in the air care market.
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Market Segmentation
The global air care market has been segmented based on distribution channel and product type. On the basis of the distribution channel, the market for air care is segmented based on store-based and non-store-based. Additionally, the market on the basis of product type is segmented into air freshener gels, candles, car air fresheners, electric air fresheners, air freshener sprays, and others.
Major elements such as lack of awareness could obstruct the air care market growth. However, according to the air care market research report, escalating demand for candle air fresheners along with consumers increasingly opting for candle air fresheners will propel growth throughout the forecast period. The air care market is set to register growth at a high CAGR owing to these key factors. The exploration of distribution channel and product type segments along with regional markets has been given in the global air care market research report. The research analysts studying the air care market have put out market forecasts in the air care market research report in order to support air care market-based companies. The air care market research report provides an extensive understanding of the air care market based on the information and forecasts till 2024.
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Regional Overview
North America, Europe, Asia Pacific and the rest of the world regional market for air care are predominantly covered in the global air care market research report. Country-level air care markets spread across North America – the United States, Canada, and Mexico are also covered in the report. In South America – Brazil and other country-level air care markets are covered in the report. In Asia-Pacific (APAC) region, the country-level air care markets covered are Japan, India, China, and others. The air care market research report also explores the regional market for air care present in Europe in the United Kingdom, France, Italy, Spain, and Germany, etc. The air care market research report also covers regional markets from the rest of the world alongside air care markets of Africa and the Middle East.
Competitive Landscape
Improved living standards in developing countries and growing consumer awareness are presumed to drive the air care market growth worldwide. The global air care market could be challenged by budget limitations surrounding SMEs, nevertheless, organizations in the air care market will carry the growth rate forward. The air care market research report presents company profiles of major companies active in the air care market globally. Furthermore, the global air care market report offers an all-inclusive analysis of the market collected from the air care market’s primary and secondary sources covering both decision makers and thought leaders. The air care market research report highlights such key areas assisting businesses operating in the air care market to build better growth strategies.
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Industry News
Air Care 02, a unique, internationally patented technology that wipes out 99.999 percent of viruses, germs and bacteria from indoor environments, has just been introduced by Israeli air conditioner manufacturer Tadiran. Tadiran’s new system will be installed in the company’s new services of ACs which will be available in Israel. Several global air-conditioning companies are in negotiations to incorporate Air Care 02 with Tadiran.
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