Market Overview:
The global car fragrance market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the global car fragrance market can be attributed to various factors such as the increasing demand for luxury cars, rising disposable income of consumers, and growing awareness about personal hygiene. The global car fragrance market is segmented on the basis of type into aerosol type, liquid type, and solid type. The aerosol type segment is expected to dominate the global car fragrance market during the forecast period owing to its easy usage and portability. However, the liquid type segment is projected to grow at a higher CAGR than other segments during the forecast period due its high demand from developing countries. On the basis of application, passenger cars accounted for majority share in 2017 and are expected to continue its dominance duringthe forecast period as well.
Product Definition:
A car fragrance is a product that is designed to make a car smell pleasant. Car fragrances are often made with essential oils, which give them a strong scent. They are often used to cover up bad smells in the car, or to make it smell like something else.
Aerosol Type:
Aerosol type is a colloidal system of solid or liquid particles suspended in gas. The product name comes from the Latin word “aerosolum” which means “fine spray”. Aerosols are widely used in personal care, food & beverage, and automotive industries for various applications such as deodorants & fresheners, hair sprays, insecticides among others.
Liquid Type:
Liquid type is a product that can be applied to the exterior of the car. It helps in masking the odor of smoke or fire and also adds a refreshing fragrance to it. The liquid type is available in different forms such as water-based, alcohol-based, and solvent-based fragrances.
The major factor driving this market includes growing demand for natural products due to rising health awareness among consumers across various regions including North America, Europe, Asia Pacific.
Application Insights:
The passenger car segment accounted for the largest share of over 50.0% in 2017 and is expected to witness significant growth during the forecast period. The rising number of middle-class population in developing countries such as China, India, Brazil and so on is anticipated to boost demand for cars with good fragrance packages. In addition, increasing disposable income among consumers will further propel demand from 2018 to 2030.
The business car segment also accounted for a significant share in 2017 owing to growing corporate offices around the world that require luxury vehicles with excellent quality fragrances.
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of key automobile manufacturers such as Ford, General Motors, and Chrysler who are among the top 10 global brands by value. The U.S.
Asia Pacific is expected to be one of the fastest growing markets at a CAGR exceeding 6% from 2018 to 2030 owing to increasing per capita income coupled with rising population especially in China and India which will result into increased automotive sales volume eventually driving fragrance industry growth over there In addition, rapid urbanization along with industrialization has led to an increase pollution levels that have adverse effects on human health thus leading consumers across various countries including China, India Japan etc.
Growth Factors:
- Increasing demand for luxury and premium cars
- Rising disposable income of consumers
- Growing trend of customization in the automotive industry
- Proliferation of online retail platforms
- Introduction of new and innovative car fragrances
Scope Of The Report
Report Attributes
Report Details
Report Title
Car Fragrance Market Research Report
By Type
Aerosol Type, Liquid Type, Solid Type
By Application
Passenger Car, Business Car, Others
By Companies
M, Guangdong Aiche Hut E-commerce Technology, L'original, Linno, Shenzhen Renqing(Rock), Millefior, Giorgio Armani, Dicoro
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Car Fragrance Market Report Segments:
The global Car Fragrance market is segmented on the basis of:
Types
Aerosol Type, Liquid Type, Solid Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Car, Business Car, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- M
- Guangdong Aiche Hut E-commerce Technology
- L'original
- Linno
- Shenzhen Renqing(Rock)
- Millefior
- Giorgio Armani
- Dicoro
Highlights of The Car Fragrance Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Aerosol Type
- Liquid Type
- Solid Type
- By Application:
- Passenger Car
- Business Car
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Car Fragrance Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Car fragrance is a type of air freshener that is used to mask the smell of smoke or other unpleasant smells in a car.
Some of the major companies in the car fragrance market are M, Guangdong Aiche Hut E-commerce Technology, L'original, Linno, Shenzhen Renqing(Rock), Millefior, Giorgio Armani, Dicoro.
The car fragrance market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Car Fragrance Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Car Fragrance Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Car Fragrance Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Car Fragrance Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Car Fragrance Market Size & Forecast, 2020-2028 4.5.1 Car Fragrance Market Size and Y-o-Y Growth 4.5.2 Car Fragrance Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Aerosol Type
5.2.2 Liquid Type
5.2.3 Solid Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Business Car
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Car Fragrance Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Car Fragrance Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Aerosol Type
9.6.2 Liquid Type
9.6.3 Solid Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Business Car
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Aerosol Type
10.6.2 Liquid Type
10.6.3 Solid Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Business Car
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Aerosol Type
11.6.2 Liquid Type
11.6.3 Solid Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Business Car
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Aerosol Type
12.6.2 Liquid Type
12.6.3 Solid Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Business Car
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Aerosol Type
13.6.2 Liquid Type
13.6.3 Solid Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Business Car
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Car Fragrance Market: Competitive Dashboard
14.2 Global Car Fragrance Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 M
14.3.2 Guangdong Aiche Hut E-commerce Technology
14.3.3 L'original
14.3.4 Linno
14.3.5 Shenzhen Renqing(Rock)
14.3.6 Millefior
14.3.7 Giorgio Armani
14.3.8 Dicoro