The Business Research Company’s Air Care Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Air Care Global Market Report 2023 evaluates air care market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global air care market is expected to grow from $12.87 billion in 2022 to $13.62 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The air care market is expected to reach $16.81 billion in 2027 at a CAGR of 5.4%.
The rise in pollution levels is expected to propel the growth of the air care market going forward. Pollution levels measure the concentration or number of pollutants present in the environment, typically in the air, water, or soil. Air care, or air pollution control, is essential for reducing the harmful effects of air pollution on human health and the environment, which provides improved public health, climate change mitigation, improved air quality, and environmental protection. For instance, in April 2023, according to the United States Environmental Protection Agency, a US-based Environmental Protection Government Agency, U.S. greenhouse gas emissions rose 5% in 2021 compared to levels in 2020. Additionally, CO2 emissions from burning fossil fuels grew by 7% in 2021 from 2020. Therefore, the rise in pollution levels is driving the growth of the air care market.
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The air care market segments in the report are:
1) By Product: Gel Air Fresheners, Electric Air Fresheners, Candle Air Fresheners, Spray Or Aerosol Air Fresheners, Liquid Air Fresheners, Other Products
2) By Price: Low, Medium, High
3) By Distribution Channel: Online, Offline
4) By Application: Rooms, Toilets, Other Applications
The table of contents in TBRC’s air care market report includes:
- Executive Summary
- Air Care Market Characteristics
- Air Care Market Trends And Strategies
- Air Care Market – Macro Economic Scenario
- Global Air Care Historic Market Size and Growth, 2017 – 2022, Value ($ Billion)
- Air Care Market Segmentation
- Air Care Market Regional And Country Analysis
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- Brazil Air Care Market
- Middle East Air Care Market
- Africa Air Care Market
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