IMARC Group’s latest research report, titled “Home Fragrance Market size: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios. The global home fragrance market reached a value of US$ 6.86 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 9.42 Billion by 2027, exhibiting a CAGR of 5.20% during 2022-2027. Home fragrances are usually formulated using a mixture of chemicals to cover a malodor or impart a scent.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by product type, fragrances and distribution channel.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Home Fragrance Market
- Strategies of major players and product offerings
The growing utilization of aromatherapy that relies on essential oils, including lemon, orange, rosemary, basil, sage, peppermint, etc., for treating several psychological and physical disorders, such as headaches, pain, insomnia, eczema, stress-induced anxiety, depression, digestive problems, etc., is primarily driving the home fragrance market. Besides this, the widespread adoption of oregano, ginger, eucalyptus, frankincense, etc., to protect the body against infections, on account of their antibacterial, anti-inflammatory, and antiviral properties, is acting as another significant growth-inducing factor.
Key Players Included in Global Home Fragrance Market Research Report:
- 3M Company
- Bath & Body Works Inc.
- Bougie et Senteur
- Faultless Brands
- Godrej aer
- NEST New York
- Newell Brands Inc.
- Nordstrom Inc.
- Reckitt Benckiser Group PLC
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Key Market Segmentation:
Breakup by Product Type:
- Scented Candles
Breakup by Fragrances:
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Online Stores
- Convenience Stores
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
TOC for the Home Fragrance Market Research Report:
- Scope and Methodology
- Executive Summary
- Global Home Fragrance Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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