Leading Air Freshener Type Markets Databank

Leading Air Freshener Type Markets Databank

The Air Freshener market was valued at $10,100.0 Million in 2020, and is projected to reach $28,777.3 Million by 2029 growing at a CAGR of 12.38% from 2021 to 2029. Sprays/Aerosols segment is expected to be the highest contributor to this market, with $3,139.3 Million in 2020, and is anticipated to reach $8,955.5 Million by 2029, registering a CAGR of 12.40%. Electric Air Fresheners segment is anticipated to reach $7,711.1 Million by 2029 with the highest CAGR of 12.42%. Sprays/Aerosols and Electric Air Fresheners segments collectively expected to account for about 57.8% share of the Air Freshener market in 2020, with the former constituting around 31.1% share. Electric Air Fresheners and Gels Air Fresheners segments are expected to witness significant growth rates at a CAGR of 12.42% and 12.41% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 46.5% in the overall Air Freshener market in 2020, and is anticipated to reach 46.7% by 2029.