Global Deodorizer Bags Market Databank
The Deodorizer Bags market was valued at $547.7 Million in 2020, and is projected to reach $1,021.2 Million by 2029 growing at a CAGR of 7.22% from 2021 to 2029. Residential segment is expected to be the highest contributor to this market, with $409.1 Million in 2020, and is anticipated to reach $767.1 Million by 2029, registering a CAGR of 7.28%. Commercial segment is anticipated to reach $129.5 Million by 2029 with the highest CAGR of 8.44%. Residential and Commercial segments collectively expected to account for about 86.1% share of the Deodorizer Bags market in 2020, with the former constituting around 74.7% share. Commercial and Residential segments are expected to witness significant growth rates at a CAGR of 8.44% and 7.28% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 86.1% in the overall Deodorizer Bags market in 2020, and is anticipated to reach 87.8% by 2029.
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