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Technavio’s market research analysts have identified the introduction of technologically advanced product ranges as one of the primary factors that will trigger the growth of the fragrance diffusing device market in the coming years. With the advent of smart fragrance diffusing device in the market, the fragrance can be automatically changed as per the user’s requirement. They have the potential to eliminate foul odor and deliver fragrance to the room. The smart fragrance device is not controlled only by the mobile device and the application can be manually operated to diffuse certain fragrances ,unlike other smart home products. Moreover, the fragrance diffuser devices have the potential to function on its own and select the best scent that matches the user’s daily routine and emotional requirements. Our market research analysts estimate that this market will grow steadily at a CAGR close to 10% by 2022.
The increasing wellness tourism is one of the key trends in the fragrance diffusing device market. In recent times, people are going through hectic lifestyle which is leading to several health issues such as skin problems, obesity, poor immunity, and heart problems. Owing to this health issue, spas and fragrance diffusing devices are gaining traction and are driving the tourism industry. Moreover, the increasing consumer awareness about their health and wellness is significantly contributing to wellness tourism. Wellness tourism offers enhanced quality of life and prevents health issues.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: PESTLE ANALYSIS
PART 08: MARKET SEGMENTATION BY PRODUCT
PART 09: MARKET SEGMENTATION BY FUNCTION
PART 10: MARKET SEGMENTATION BY END-USER
PART 11: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
PART 12: CUSTOMER LANDSCAPE
PART 13: REGIONAL LANDSCAPE
PART 14: DECISION FRAMEWORK
PART 15: DRIVERS AND CHALLENGES
PART 16: MARKET TRENDS
PART 17: COMPETITOR LANDSCAPE
PART 18: COMPETITOR ANALYSIS
PART 19: APPENDIX
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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