Global Home Fragrance Market Outlook, Opportunities And Strategies – Includes Home Fragrance Market Size
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The global home fragrance market is expected to grow from $6.52 billion in 2021 to $6.94 billion in 2022 at a compound annual growth rate (CAGR) of 6.4%. The global home fragrance market size is expected to grow to $9.20 billion in 2026 at a CAGR of 7.3%.
The increasing demand for natural essential oils in home fragrance products is expected to propel the growth of the home fragrance market.
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The home fragrance market consists of sales of home fragrances by entities (organizations, sole traders, and partnerships) that refer to fragrances that are manufactured and used in homes. A home fragrance is a mixture of organic compounds that emits a characteristic aroma or smell that is now becoming as important a feature of home design as any piece of furniture or decor. Home fragrances are intended to scent the air or mask odors to create a pleasant interior atmosphere. Home fragrance products are inexpensive, aromatic, aid in the maintenance of air quality, and serve as a source for removing unpleasant odors.
By Product Type: Candles, Room Sprays, Reed Diffuser, Essential Oils, Incense Sticks
By Fragrances: Lemon, Lavender, Jasmine, Rose, Sandalwood, Vanilla, Others
By Distribution Channel: Supermarkets and Hypermarkets, Online Stores, Convenience Stores, Others
By Form: Liquid, Dry, Solid
By End-User: Home Care, Healthcare, Hospitality, Museums, Commercial, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe is the largest region in the global home fragrance market in 2021.
Technological innovations are shaping the home fragrance market. Technological innovations are the discovery of knowledge that advances technology.
TBRC’s Home Fragrance Market Report Covers:
Major Market Players: S. C. Johnson & Son Inc., Voluspa, Newell Brands, NEST Fragrances LLC, Godrej Aer., Reckitt Benckiser Group Plc., The Procter & Gamble Company, Seda France, ScentAir, 3M Company, Bougie Et Senteur, Bath & Body Works LLC, The Estee Lauder Companies Inc., Faultless Brands, Air Essentials, Esteban Paris, Korona Candles S.A, Illume Inc., Faultless Brands, and Ripple Fragrances Pvt. Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Home Fragrance Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides home fragrance market overviews, analyzes and forecasts market size, share, home fragrance market players, home fragrance market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s home fragrance market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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