Report : Europe and Americas Air Fresheners with Wick and Rattan Wood Sticks Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Air Fresheners with Wick and Rattan Wood Sticks), End Use (Residential, Commercial, and Others), and Distribution Channel (Online Channels and Offline Channels)
Growing Adoption in Commercial Sector to Drive Europe and Americas Air Fresheners with Wick and Rattan Wood Sticks Market
According to our latest market study on "Europe and Americas Air Fresheners with Wick and Rattan Wood Sticks Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type, End Use, and Distribution Channel," the market is expected to grow from US$ 344.19 million in 2022 to US$ 473.35 million by 2028; it is expected to grow at a CAGR of 5.5% from 2022 to 2028.
The air fresheners with wick and rattan wood sticks market is bolstering owing to growing adoption of these air fresheners in the commercial sector and increasing disposable income of people. Furthermore, the increase in demand for high-end lifestyles and luxury in everyday lives is propelling the growth of the air freshener with wick and rattan wood sticks market. Moreover, air fresheners with wick and rattan wood sticks are used in residential and commercial spaces to create a pleasant environment. Commercial buildings increasingly use air care systems, such as air fresheners with wick and rattan wood sticks, to neutralize foul odors and keep the environment clean and refreshing. Air fresheners can be easily installed anywhere a pleasant fragrance is desired, including meeting rooms, reception areas, hotels, showrooms, and offices. Various fragrances, such as fruit and lemon-rich fragrances, transform musky offices and bathrooms into fresh and clean environments. Furthermore, rattan diffuser sticks use essential oil, and natural essential oil extracts benefit human health and well-being.
Reckitt Benckiser Group plc.; Procter and Gamble Co.; S.C. JOHNSON and SON, INC.; Pura Scents, Inc.; Hypsoé; Sunsum Intention Candles; Scent Company Srl; Voluspa; AromaValue Inc.; and Balev Corp EOOD are among the key players operating in the Europe and Americas air fresheners with wick and rattan wood sticks market. These companies are investing in product innovation and expansion strategies to effectively meet the demands generated in these regions.
Impact of COVID-19 Pandemic on Europe and Americas Air Fresheners with Wick and Rattan Wood Sticks Market
In Europe and the Americas, the US, France, the UK, and Russia were the worst-affected countries due to the COVID-19 pandemic. The outbreak resulted in temporary disruptions in the operations of industrial bases, which discontinued the expansion of their manufacturing facilities across Europe and the Americas. In addition, due to the shortage of laborers, the production of raw materials was low in the region, which disrupted the supply chain. Manufacturers of air fresheners with wick and rattan wood sticks in Europe and the Americas experienced several challenges due to the crisis. However, various industries are back on track due to the gradual ease of supply constraints. Rising demand for air fresheners with wick and rattan wood sticks across diverse applications and increasing government initiatives to combat the COVID-19 pandemic substantially boosted the demand for air fresheners with wick and rattan wood sticks in Europe and the Americas.
The report segments the Europe and Americas air fresheners with wick and rattan wood sticks market as follows:
Based on product type, the Europe and Americas air fresheners with wick and rattan wood sticks market is segmented into air fresheners with wick and rattan wood sticks. Based on end use, the market is segmented into residential, commercial, and others. Based on distribution channel, the Europe and Americas air fresheners with wick and rattan wood sticks market is segmented into online channels and offline channels.
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