Global Fragrance Diffusing Device Market 2018-2022

Published: Feb 2018 Pages: 80 SKU: IRTNTR20967

Overview of the fragrance diffusing device market

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.  

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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.

Companies covered

The fragrance diffusing device market is highly fragmented due to the presence of several players. This industry research report provides information about the competitive environment among the players in this marketspace. Moreover, our analysts also provide strategies and areas that the vendors should follow to improve their market shares and sustain the competitive environment in the aroma diffuser market.

The report includes an analysis of a number of companies in this marketspace including -

  • Aromis Aromatherapy
  • Edens Garden
  • Mountain Rose Herbs
  • Rocky Mountain Oils
  • S. C. Johnson & Son
  • Young Living Essential Oils

Segmentation by end-user and analysis of the fragrance diffusing device market

  • Commercial users
  • Residential users

The commercial users segment accounted for the major share of the aroma diffuser market during 2017. Our analysts have predicted that during the forecast period, this segment will continue to be the major end-user to the fragrance diffusing device market.

Geographical segmentation and analysis of the fragrance diffusing device market

  • Americas
  • APAC
  • EMEA

In terms of geographic regions, EMEA accounted for the maximum share of the aroma diffuser market and according to this market research report, this region will offer the maximum growth opportunities to the companies in this market during the next few years as well.

 

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Key questions answered in the report include

  • What will the market size and the growth rate be in 2022?
  • What are the key factors driving the global fragrance diffusing device market?
  • What are the key market trends impacting the growth of the global fragrance diffusing device market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global fragrance diffusing device market?
  • What are the market opportunities and threats faced by the vendors in the global fragrance diffusing device market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global fragrance diffusing device market?

Technavio also offers customization on reports based on specific client requirement.

 

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

  • Market outline
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Global fragrance diffusing device market – Market sizing 2017
  • Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 07: PESTLE ANALYSIS

PART 08: MARKET SEGMENTATION BY PRODUCT

  • Global fragrance diffusing device market: Segmentation by product
  • Comparison by product
  • Global manual control fragrance diffusing device market – Market size and forecast 2017-2022
  • Global smart fragrance diffusing device market – Market size and forecast 2017-2022
  • Market opportunity by product

PART 09: MARKET SEGMENTATION BY FUNCTION

  • Global fragrance diffusing device market: Segmentation by function
  • Comparison by function
  • Global ultrasonic fragrance diffusing device market – Market size and forecast 2017-2022
  • Global nebulizer fragrance diffusing device market – Market size and forecast 2017-2022
  • Global evaporative fragrance diffusing device market – Market size and forecast 2017-2022
  • Global electric heat fragrance diffusing device market by others – Market size and forecast 2017-2022
  • Market opportunity by product

PART 10: MARKET SEGMENTATION BY END-USER

  • Global fragrance diffusing device market: Segmentation by end-user
  • Comparison by end-user
  • Global fragrance diffusing device market by commercial users – Market size and forecast 2017-2022
  • Global fragrance diffusing device market by residential users – Market size and forecast 2017-2022
  • Market opportunity by end-user

PART 11: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

  • Global fragrance diffusing device market: Segmentation by distribution channel
  • Market opportunity by distribution channel

PART 12: CUSTOMER LANDSCAPE

PART 13: REGIONAL LANDSCAPE

  • Global fragrance diffusing device market: Geographical segmentation
  • Regional comparison
  • Fragrance diffusing device market in EMEA – Market size and forecast 2017-2022
  • Fragrance diffusing device market in Americas – Market size and forecast 2017-2022
  • Fragrance diffusing device market in APAC – Market size and forecast 2017-2022
  • Key leading countries
  • Market opportunity by region

PART 14: DECISION FRAMEWORK

PART 15: DRIVERS AND CHALLENGES

  • Market drivers
  • Other prominent drivers
  • Market challenges
  • Other prominent challenges

PART 16: MARKET TRENDS

  • Growing wellness tourism industry at large scale
  • Expanding tourism and hospitality industry
  • Focus on more R&D investments by key market competitors
  • Advent of online retail for the sale of luxury products, including fragrance diffusing devices
  • Other prominent trends

PART 17: COMPETITOR LANDSCAPE

  • Competitive overview
  • Landscape disruption
  • Competitive landscape

PART 18: COMPETITOR ANALYSIS

  • Competitors covered
  • Competitor classification
  • Market positioning of competitors
  • Aromis Aromatherapy
  • Edens Garden
  • Mountain Rose Herbs
  • Rocky Mountain Oils
  • S. C. Johnson & Son
  • Young Living Essential Oils

PART 19: APPENDIX

  • List of abbreviations

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

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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