Hey welcome, always great to see new people here! 
Yeah it’s either synthetic or real felt, both of them cut well.
The only thing I wonder about is that it’s for an air freshener and unfortunately both types of felt don’t smell great after cutting. You may want to build in some time to let the smell go away before making them into air fresheners.
A bunch of felt threads here:
https://community.glowforge.com/search?q=Felt
And about smell in particular:
Maybe @cheryl.mae.serdar can give us an update? How’d the smell abatement work out?