Size of Air Care Market- Global Industry Analysis And Forecast


Posted June 22, 2022 by TransparencyMarket

There is an increasing demand for air care products due to rapid urbanization, changing lifestyle of consumers, and rising disposable income across the globe.

 
The demand for air care products is expected to increase during the forecast period, due to rising awareness about the products available across various distribution channels. Manufacturers are investing in research & development activities to design and develop an innovative range of air care products to cater the rising demand from consumers across the globe.

Manufacturers are expanding their production capacity due to the surging demand for air care products such as electric air fresheners, liquid air fresheners, etc. These products help eliminate undesirable odor from homes, toilets, and cars. Growing applications of air care products in vehicles is also contributing to the air care market growth. Increase in air pollution levels across the globe due to development of urban localities and industrial growth is driving the demand for air care products.



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Rise in Adoption of Air Care Products in Vehicles and Homes for Maintaining Hygiene



The growing presence of airborne pathogens is expected to boost the air care market during the forecast period. Rising awareness about hygiene is driving the global air care market. Market players are focusing on the increasing production of air care products to improve air quality in homes, vehicles, etc. The rapid increase in sales of cars, along with rising popularity of using air fresheners in vehicles is driving the air care market globally. In addition, rising ownership of pets is also fueling market growth, as air care products help to keep any room free from pet odor. Moreover, growth of the e-commerce industry has also created huge opportunities for manufacturers and distributors in the air care market. Key players are focusing on selling their products on various e-commerce websites across the globe in order to cater to a broad range of consumers across the world.



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Potential Opportunities for Manufacturers in Asia Pacific

The air care market in Asia Pacific is expected to account for the largest share of the global air care market during the forecast period. Some of the factors responsible for market growth are rapid urbanization, growing population, and increasing purchasing power. Technological improvements, product innovations, and easy availability of multiple products through various online and offline channels are factors expected to drive the expansion of the air care market in Asia Pacific.

Moreover, North America and Europe are also expected to account for a significant share of the global air care market. Increase in awareness of using environment-friendly air care products is the major factor responsible for the growth and advancement of air care products in the region.



Strengthening Distribution Channels in Air Care Market

The increasing sales of air care products through various distribution channels is driving the growth of global air care market. The rising number of offline distribution channels such as hypermarkets, supermarkets, and other independent retailers, along with rapidly expanding online distribution channels such as e-commerce portals and company owned portals boost the sales of air care products. Manufacturing companies in the global air care market are focusing on fulfilling the rising demand from consumers by providing products made from natural materials. Increasing competition between local and international brands is supporting market expansion.



How Air Care Market will recover after covid19-

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Issued By TMR
Country India
Categories Business
Tags air care , air care industry , air care market
Last Updated June 22, 2022