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Deodorizer Bags Market Size To Reach $1.04Bn By 2030

Deodorizer Bags Market Size To Reach $1.04 Billion By 2030

January 2025 | Report Format: Electronic (PDF)

Deodorizer Bags Market Growth & Trends

The global deodorizer bags market size is estimated to reach USD 1.04 billion by 2030, registering to grow at a CAGR of 6.0% from 2024 to 2030 according to a new report by Grand View Research, Inc. The market is driven by increasing consumer awareness about health concerns, especially due to air borne diseases. Moreover, significant change in the consumer preference for different types of fragrances is expected to augment the demand for deodorizer bags.

The market is driven by increasing demand for the premium and quality products due to the natural ingredients present in them. Moreover, growing working class population and rising disposable income are likely to drive the demand for the products over the forecast period.

Enhanced freshness and capability of deodorizer bags to remove unpleasant odor are driving the product demand. Moreover, increasing number of product launches by the manufacturers is boosting the market growth. However, high cost of these products as compared to the other deodorizing agents has been a factor restraining the growth of the market.

The market in North America is anticipated to grow due to the rise in the sales of natural products, along with increasing product launches. The growth in the region is also attributed to growing health awareness among consumers and rise in the economic factors, such as disposable income and purchasing power for the consumers. Moreover, increasing sales in the automotive and footwear sector are anticipated to drive the product demand in Asia Pacific over the forecast period.

Growing interest in the natural and quality products among the working population due to their various health benefits will fuel the product demand in the market. Companies are expanding their geographical reach and developing novel products in order to gain a major share in the market. The market is recognized by a few initiatives such as mergers and acquisitions, limited extension, and online sales and developments, endeavored by the key players including Moso Natural; Home Pro Goods Inc.; California Home Goods Inc.; Etsy Inc.; and BreatheFresh Solutions.

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Deodorizer Bags Market Report Highlights

The residential segment led the market and accounted for a revenue share of 69.9% in 2023.
The car segment is anticipated to grow at the fastest CAGR of 6.9% over the forecast period. Increased desire for scented items in cars, particularly in developed nations such as the U.S. and the UK, has driven the growth of this market segment.
The offline distribution channel dominated the market and accounted for the largest market revenue share of 83.1% in 2023 owing to the retail business growth worldwide.