Air Freshener Dispenser Market to grow by USD 4,914.9 million from 2022 to

NEW YORK, July 31, 2023 /PRNewswire/ — The global air freshener dispenser market size is estimated to grow by USD 4,914.9 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 5.85% during the forecast period. North America will account for 28% of global market growth during the forecast period. Another region accounting for a major part of the market growth is Europe. Due to increased demand for fragranced products such as air freshener dispensers and a growing focus on hygiene, the market in Europe is estimated to grow. Also, the development of the retail industry and the availability of numerous online retailers are credited with expanding the air freshener dispenser business in Europe. For more insights on the historic period (2017 to 2021) and forecast market size (2023 to 2027) – Request a sample report

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Air Freshener Dispenser Market – Segmentation Assessment

Segment Overview

This air freshener dispenser market report extensively covers market segmentation by distribution channel (offline and online), application (household and commercial), and geography (Europe, North America, APAC, South America, and Middle East and Africa).

• The offline segment will be significant for market growth during the forecast period. The offline segment for air freshener dispensers includes hypermarket supermarkets, discount stores, and other retailers. Since hypermarket supermarkets offer a one-stop shop for customers to purchase all their household needs, it makes it easy to pick up an air freshener dispenser while purchasing other household items. Hence, such factors boost the growth of the offline segment of the air freshener dispenser market during the forecast period.

Insights on the market contribution of various segments, including country and region wise historic market data (2017 to 2021), and forecast market size (2023 to 2027) – Download a Sample Report

Air Freshener Dispenser Market – Market Dynamics

Key factor driving market growth

Increasing demand from commercial end-user industries drives the growth of the air freshener dispenser market. The commercial sectors for these products include hotels, restaurants, corporate spaces, hospitals, spas, and other public areas. 

Also, with the COVID-19 pandemic, many businesses take extra precautions, such as cleanliness and hygiene, to ensure the safety of their customers and employees. Additionally, air freshener dispensers that contain disinfectant or antibacterial properties can help reduce the spread of germs and viruses. Hence, due to such factors, the air freshener dispenser market is estimated to witness growth during the forecast period.

Leading trends influencing the market 

The adoption of smart air freshener dispensers is an emerging market trend in the air freshener dispenser market. Their convenience and effectiveness in keeping indoor spaces smelling fresh and clean drive the demand for these products.

Also, with these devices offering several advantages over traditional air fresheners dispensers, such as controlling the scent and frequency of dispensing remotely via a mobile app or voice commands, providing users with a more personalized and convenient experience, the demand for smart air freshener dispensers has increased. Hence, as a result of such trends, the market will witness growth during the forecast period.

Major challenges hindering the market growth

Reducing demand for plastic products challenges the growth of the air freshener dispenser market. As a result of the significant reduction in plastic demand, manufacturers need to find alternative materials to use in the manufacturing of air freshener dispensers. This could increase the cost of production and potentially lead to higher consumer prices.

Furthermore, factors such as reducing plastic demand can impact the sale of air freshener dispensers, as many of these products are plastic. Hence, such challenges may impede the growth of the air freshener dispenser market during the forecast period.

Insights on Market Drivers, trends, & Challenges, historic period(2017 to 2021) and forecast period(2023 to 2027)- Request a sample report!

What are the key data covered in this Air Freshener Dispenser Market report?

• CAGR of the market during the forecast period
• Detailed information…