, By Product (Gels & Cans, Sprays/Aerosols, Paper Car air Freshener, Vents & Clips, Others), By Customer Type (Individual, Enterprise), and Region
Covid-19 Impact Analysis:
Covid-19 has highly impacted the market dynamics, competition, and supply chain of almost all industries. The revenues have gone down in 2020 and are expected to resume an uptrend gradually from 2021 and continue to grow further. The report covers all the segments that were affected by the pandemic.
According to the report, The Car Air Freshener Market is projected to grow from USD 2.1 billion in 2020 to USD 2.6 billion by 2026 at a CAGR of over 3.6% during the forecast period.
Market Segments' Analysis
By product, the car air freshener market has been classified into gels & cans, sprays/aerosols, paper car air freshener, vents & clips, and others. Under these, the gels & cans segment accounted for a significant market share in 2020. The segment growth is mainly driven owing to the gels & cans strong increase in demand not only due to its consistent scent but also because of its appealing look. Moreover, it's also found that the gels & cans last longer than the other air freshener’s sprays and paper vehicles, thus bolstering the segment growth.
By region, the market in North America accounted for a significant market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth is mainly ascribed to the changing consumer preferences with the changing lifestyle in the region, which is augmenting the need for car air freshener. In addition, in the US, the sales of vehicles were over 17 million in 2019, which further spurs regional market growth.
The following are the key players in the Car Air Freshener Market
· American Cover (US)
· Car-Fresheners Corp (US)
· Carmate Manufacturing Co Ltd (Japan)
· Chic Accessory (US)
· Henkel Ag Co (Germany)
· Jenray Product (US)
· Procter Gamble Co (US)
· Reckitt Benckiser Group Plc (UK)
· S.C. Johnson Son, Inc. (US).
Frequently Asked Questions –
This report provides vital information and valuable insights, enabling the users to identify the strategic growth opportunities in the market. The report aims at answering the following key questions:
- What is the current and future market size of Car Air Freshener Market?
- How has the COVID-19 pandemic impacted the market? How fast is it expected to recover?
- What will be the short and long-term effects of the pandemic?
- How are other market factors affecting the market dynamics?
- Which segments offer high-growth opportunities in the long run?
- How fierce is the Car Air Freshener Market competition?
- What are the key emerging trends and unmet needs in the present market?
- What are the strategic growth opportunities and key success factors?
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