Authored By: Sarah
09 Feb 2022

Home Fragrances Market: Top Geographies and Market Highlights

Regional Growth Analysis and Market Trends 2021-2025

The home fragrances market is set to post an incremental growth of $ 2.22 billion, accelerating at a CAGR of 4.88% during the forecast period. Our market investigates the key markets and the factors that are likely to boost growth along with challenges that need to be surpassed to promote success in the market. The report also provides an analysis of key segments and offers competitive benchmarking of the key market players and their product portfolios.


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Home Fragrances Market: APAC to lead market growth during the forecast period

  • Market is segmented by Distribution Channel (offline and online) and Geography (Europe, North America, APAC, MEA, and South America).
  • growth by the offline segment will be significant during the forecast period. Vendors are expanding their stores in the local and regional markets to fuel sales through offline channels. 
  • 34% of the market growth will originate from APAC during the forecast period. China is the key market for home fragrances in APAC. Market growth in APAC will be faster than the growth of the market in other regions. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Home Fragrances Market size.
  • One of the key drivers that is likely to drive market growth is the flourishing fragrance industry. Growing disposable income in emerging economies such as India and China has led to a shift in consumption patterns toward premium products.
  • The high demand for customized home fragrances enriched with natural ingredients plays a vital role in driving the revenue inflow of the global home fragrances market.
  • This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market.  These insights will equip clients with all the information they need to plan COVID-19 recovery and growth strategies.

Home Fragrances Market to Grow by $ 2.22 Billion During 2021-2025 | Top Highlights and Related Markets

Home Fragrances Market: Competitive Landscape

Some of the leading vendors in this market are AirEsscentials Inc. , Archipelago Inc., Aroma360 LLC, Beaumont Products Inc., Bolsius International BV, Henkel AG and Co. KGaA, Newell Brands Inc., Reckitt Benckiser Group Plc, S. C. Johnson and Son Inc., and The Procter and Gamble Co.. The market is fragmented and the growth of the players in this market is dependent on several factors such as prevalent market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. For more insights on this market: Download a Free Sample Report

Browse through our related reports market research for more insights into this market:

  • Fragrances Market: Accelerating at a CAGR of 4.71%, the Global Fragrances market is expected to grow by $ 11.49 billion during the forecast period.
  • Flavors And Fragrances Market: The Global Flavors and Fragrances Market is projected to grow by $ 9.33 billion, accelerating at a CAGR of almost 5.36% till 2025.
  • Perfume Market in India: The perfume market in India is set to post an incremental growth of $ 1.02 billion, decelerating at a CAGR of 14.89% during the forecast period.
  • Perfume Market in US: The perfume market in US is set to post an incremental growth of $ 3.32 billion, decelerating at a CAGR of 9.16% during the forecast period.
  • Luxury Perfume Market: The luxury perfume market is set to post an incremental growth of $ 4.20 billion, accelerating at a CAGR of almost 6.09% during the forecast period.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of 4.88%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 2.22 billion through 2021-2025.

     
  3. What is a key factor driving this market?
    Flourishing fragrance industry will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    Europe, North America, APAC, MEA, and South America are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    34% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are AirEsscentials Inc. , Archipelago Inc., Aroma360 LLC, Beaumont Products Inc., Bolsius International BV, Henkel AG and Co. KGaA, Newell Brands Inc., Reckitt Benckiser Group Plc, S. C. Johnson and Son Inc., and The Procter and Gamble Co.

     
  7. What are the market segments covered in this report?
    The market is segmented by Distribution Channel (offline and online) and Geography (Europe, North America, APAC, MEA, and South America).

Market Segmentation by Distribution Channel

    • Home Fragrances Market Split by Distribution Channel
      • offline
      • online
    • Home Fragrances Market Split by Geography
      • Europe
      • North America
      • APAC
      • MEA
      • South America

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • AirEsscentials Inc. 
  • Archipelago Inc.
  • Aroma360 LLC
  • Beaumont Products Inc.
  • Bolsius International BV
  • Henkel AG and Co. KGaA
  • Newell Brands Inc.
  • Reckitt Benckiser Group Plc
  • S. C. Johnson and Son Inc.
  • The Procter and Gamble Co.

 

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