Global B2B Air Care Market Size, Trends, and Growth Opportunity, By Product Type (Candle Air Fresheners, Liquid Air Fresheners, Electric Air Fresheners, Gel Air Fresheners, Spray/Aerosol Air Fresheners, Car Air Fresheners, Rug and Room Deodorizers and Others), Fragrance (Vanilla, Spices, Floral, Fruity & Herbs and Others), Price (Low, Medium and High), End User (Automotive, Residential, Commercial, and Others) By Region and forecast till 2030.
Report ID : IR1002435 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 234
Global B2B Air Care Market Size, Trends, and Growth Opportunity, By Product Type (Candle Air Fresheners, Liquid Air Fresheners, Electric Air Fresheners, Gel Air Fresheners, Spray/Aerosol Air Fresheners, Car Air Fresheners, Rug and Room Deodorizers and Others), Fragrance (Vanilla, Spices, Floral, Fruity & Herbs and Others), Price (Low, Medium and High), End User (Automotive, Residential, Commercial, and Others) By Region and forecast till 2030.
Global B2B Air Care Market
Global B2B Air Care Market was valued at USD 13.09 Billion in 2022 and is slated to reach USD 17.96 Billion by 2030 at a CAGR of 4.03 % from 2023-2030.
Diffusers, gels, candles, scented aerosol sprays, pump sprays, and plug-ins are just a few examples of the many different types of air care products. These items are used to eliminate offensive odors inside buildings and to produce calming scents. A significant product, air fresheners typically release scent to eliminate offensive odors from a space. It contains several components that help mask a disagreeable odor, including propellants, perfumes, and solvents such as glycol ethers, mineral oil, and 2-butoxyethanol.
Market Drivers
The rate of urbanization is rising, which is fueling a long-term demand for air care goods. The population is growing, and there are more consumers as a result. According to World Bank statistics, 4.4 billion people reside in cities around the world. growing demand for air care products due to growing consumer knowledge of these products in urban areas is anticipated to be a key factor in the growth of the worldwide b2b air care market. The world now experiences problems with dirty air due to urbanization. The need for clean, pleasant-smelling air is constant and growing as global pollution levels rise in many different regions of the world. It is also anticipated that demand for residential air care products will increase consistently. Demand for automobiles, particularly those in the XUV segment, is rising. Odour remover is a constant necessity in any car. The global b2b air care market is anticipated to grow favorably as the demand for automobiles rises, which eventually raises the demand for odor eliminators in cars.
Market Restraints
VOCs can be a result of direct emissions from air fresheners in combination with components (like ozone) already present in the air. These emissions from the air freshener or scent remover, for instance, may combine with naturally occurring indoor air molecules like ozone to produce contaminants. Additionally, the worldwide b2b air care market is anticipated to be constrained by the links between fragranced products and environmental pollution. The University of Massachusetts Amherst stated in a different investigation that although certain air freshener products are labeled as "green" (such as organic or all-natural), these phrases lack legal or chemical definitions when used for air fresheners. They cited research comparing the emissions of various air fresheners, which discovered that all air fresheners, despite their "green" promises, produce potentially dangerous substances. Additionally, it wasn't discovered that "green" air freshener emissions considerably differed from those of other fresheners.
Impact of COVID-19
The epidemic has, however, also caused a downturn in the world economy, which has forced budget cuts and decreased expenditure on non-essential things. Due to decreased occupancy rates and travel limitations, this has had an impact on the B2B air care industry, particularly in the hospitality and travel sectors, where demand for air care goods has decreased. In addition, the pandemic's effects on the supply chain have resulted in a lack of the raw materials and parts needed to make air care products. This has further hampered the expansion of the market by raising production costs and delaying the delivery of the goods.
Recent Developments
SC Johnson & Son Inc. declared a collaboration with Global Fund in June 2022. This alliance helped the business improve its bottom line and ultimately had a favorable effect on the expansion of the worldwide B2B air care sector.
The CAR-FRESHENER Corporation and Julius Sämann Ltd. cooperated in August 2020. This partnership helped the business strengthen its finances and ultimately had a favorable effect on the expansion of the worldwide B2B air care sector.
Market Segmentation
Global B2B Air Care Market is segmented By Product Type, Price, Fragrance, and End User. By Product Types such as Candle Air Fresheners, Liquid Air Fresheners, Electric Air Fresheners, Gel Air Fresheners, Spray/Aerosol Air Fresheners, Car Air Fresheners, Rug and Room Deodorizers, and Others. By Fragrance such as Vanilla, Spices, Floral, Fruity & Herbs, and Others. By Prices such as Low, Medium, and High. By End Users such as Automotive, Residential, Commercial, and Others.
Regional Analysis
Global B2B Air Care Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Due to the significant need for air care goods, North America dominates the global region. Additionally, it is anticipated that increasing e-commerce demand will fuel the market's expansion.
Key Players
This report includes a list of numerous Key Players, namely Hamilton Beach Brands Holding Company., Godrej Consumer Products, S.C. Johnson & Son Inc., CAR-FRESHNER, Air Delights, Inc., Rexair LLC, BEAUMONT PRODUCTS, INC., Procter & Gamble, Reckitt Benckiser Group PLC, Henkel AG & Co. KGaA, WD-40 Company., Newell Brands, BALEV CORPORATION EOOD.
Market Taxonomy
By Product Type
• Electric Air Fresheners
• Candle Air Fresheners
• Liquid Air Fresheners
• Gel Air Fresheners
• Spray/Aerosol Air Fresheners
• Rug and Room Deodorizers
• Car Air Fresheners
• Others
By Fragrance
• Floral
• Fruity
• Vanilla
• Spices & Herbs
• Others
By Price
• Low
• Medium
• High
By End User
• Residential
• Commercial
• Automotive
• Others
By Region
• North America Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global B2B Air Care Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global B2B Air Care Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global B2B Air Care Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global B2B Air Care Market Share Analysis, By Product Type
5.3 Global B2B Air Care Market Size and Forecast, By Product Type
5.3.1 Electric Air Fresheners
5.3.2 Candle Air Fresheners
5.3.3 Liquid Air Fresheners
5.3.4 Gel Air Fresheners
5.3.5 Spray/Aerosol Air Fresheners
5.3.6 Rug and Room Deodorizers
5.3.7 Car Air Fresheners
5.3.8 Others
6 Global B2B Air Care Market, By Fragrance
6.1 Y-o-Y Growth Comparison, By Fragrance
6.2 Global B2B Air Care Market Share Analysis, By Fragrance
6.3 Global B2B Air Care Market Size and Forecast, By Fragrance
6.3.1 Floral
6.3.2 Fruity
6.3.3 Vanilla
6.3.4 Spices & Herbs
6.3.5 Others
7 Global B2B Air Care Market, By Price
7.1 Y-o-Y Growth Comparison, By Price
7.2 Global B2B Air Care Market Share Analysis, By Price
7.3 Global B2B Air Care Market Size and Forecast, By Price
7.3.1 Low
7.3.2 Medium
7.3.3 High
8 Global B2B Air Care Market, By End Use
8.1 Y-o-Y Growth Comparison, By End Use
8.2 Global B2B Air Care Market Share Analysis, By End Use
8.3 Global B2B Air Care Market Size and Forecast, By End Use
8.3.1 Residential
8.3.2 Commercial
8.3.3 Automotive
8.3.4 Others
9Global B2B Air Care Market, By Region
9.1 Global B2B Air Care Market Share Analysis, By Region
9.2 Global B2B Air Care Market Share Analysis, By Region
9.3 Global B2B Air Care Market Size and Forecast, By Region
10 North America B2B Air Care Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 North America B2B Air Care Market Share Analysis, By Product Type
10.3 North America B2B Air Care Market Size and Forecast, By Fragrance
10.4 North America B2B Air Care Market Size and Forecast, By Price
10.5 North America B2B Air Care Market Size and Forecast, By End Use
10.6 North America B2B Air Care Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe B2B Air Care Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Europe B2B Air Care Market Share Analysis, By Product Type
11.3 Europe B2B Air Care Market Size and Forecast, By Fragrance
11.4 Europe B2B Air Care Market Size and Forecast, By Price
11.5 Europe B2B Air Care Market Size and Forecast, By End Use
11.5 Europe B2B Air Care Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific B2B Air Care Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Asia Pacific B2B Air Care Market Share Analysis, By Product Type
12.3 Asia Pacific B2B Air Care Market Size and Forecast, By Fragrance
12.4 Asia Pacific B2B Air Care Market Size and Forecast, By Price
12.5 Asia Pacific B2B Air Care Market Size and Forecast, By End Use
12.6 Asia Pacific B2B Air Care Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4 Rest of Asia Pacific
13 Latin America B2B Air Care Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Latin America B2B Air Care Market Share Analysis, By Product Type
13.3 Latin America B2B Air Care Market Size and Forecast, By Fragrance
13.4 Latin America B2B Air Care Market Size and Forecast, By Price
13.5 Latin America B2B Air Care Market Size and Forecast, By End Use
13.6 Latin America B2B Air Care Market Size and Forecast, Country
13.6.1 Brazil
13.6.2Rest of Latin America
14 Middle East B2B Air Care Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Middle East B2B Air Care Market Share Analysis, By Product Type
14.3 Middle East B2B Air Care Market Size and Forecast, By Fragrance
14.4 Middle East B2B Air Care Market Size and Forecast, By Price
14.5 Middle East B2B Air Care Market Size and Forecast, By End Use
14.6 Middle East B2B Air Care Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Egypt
14.6.4 Kuwait
14.6.5 South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Hamilton Beach Brands Holding Company.
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Godrej Consumer Products
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 S.C. Johnson & Son Inc.
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Air Delights, Inc.
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Rexair LLC
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 BEAUMONT PRODUCTS, INC.
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Reckitt Benckiser Group PLC
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Henkel AG & Co. KGaA
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Newell Brands
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 BALEV CORPORATION EOOD.
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies