Air Care Market in India to Expand at 20.7% CAGR Till 2023


Posted March 11, 2019 by Researchonglobalmarkets

The air care market in India is predicted to reach INR 18.48 Bn by 2023, expanding at a compound annual growth rate (CAGR) of 20.7% during the forecasted period.

 
Mumbai March 11, 2019 - Research on Global Markets has announced the addition of a market research report titled “Air Care Market in India (2018-2023)” to their offering. According to the report, the air care market in India is predicted to reach INR 18.48 Bn by 2023, expanding at a compound annual growth rate (CAGR) of 20.7% during the forecasted period. Considerable change in the lifestyle pattern of Indians and increased focus on having a clean and pollution-free environment are bolstering the demand for air care products in the Indian market. The demand for premium and value-added air freshener products with better fragrance is growing rapidly among upper-middle-class consumers.

The research report on the air care market in India features comprehensive analysis of the key market segments, including home fresheners, car fresheners, and bathroom fresheners. The home fresheners segment generated revenue worth INR 1.5 Bn in 2016. The car fresheners segment was valued at INR 2.5 Bn in the same year, and accounted for 50% share of the overall air care market in India.

Research on Global Markets tracks the performance of the major investors in the air care market in India including Dabur India Limited, Godrej Consumer Products Limited, Airance, J.K. Helene Curtis Limited, Midas Care Pharmaceuticals Private Limited, Procter & Gamble Home Products Private Limited, Reckitt Benckiser (India) Private Limited, S.C. Johnson Products Private Limited, and Sara Lee Corporation, among others.

Key highlights of this report:
* Air care market in India - definition and structure
* Air care market in India – market size and growth forecast (2018-2023e)
* Air care market in India - segment analysis
* Air care market in India - Trade analysis
* Key market opportunities
* Key growth drivers of the market
* Key deterrents to the growth of the market
* Analysis of the competitive landscape

This report has been formulated and designed with the purpose of giving businesses a concise understanding of the demand for air care products in India to determine the viability of the market, develop strategies based on the drivers, and to help brands identify competition and respond accordingly.

For more information, download Air Care Market Reports: https://www.researchonglobalmarkets.com/air-care-market-in-india-2018-2023.html

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Last Updated March 11, 2019