Perfume Market: Global Industry Overview, Demand and Forecast by 2024

1. Global Perfume Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Perfume Market Overview: The latest report by IMARC Group, titled “Perfume Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, finds that the global perfume market reached a value of around US$ 39 Billion in 2018. A perfume is a combination of essential oils and aroma compounds which gives a pleasant smell to an individual’s body. Plants like sandalwood, rosemary, jasmine, cinnamon and rose are the primary sources of essential oils which provide a distinctive aroma to a perfume. Apart from this, various natural ingredients like flowers, grasses, spices, fruits, woods, roots, resins, balsams, leaves, gums and animal secretions are also used in perfume production. In addition to this, several synthetic compounds, alcohol and water are employed as additives. Perfume Market Trends A rise in the trend of personal grooming amongst the young generation has been witnessed which is increasing the demand for exotic and youth-oriented fragrances. Additionally, inflating disposable incomes and increasing urbanization have led to rapid changes in the lifestyles of the urban population. These factors are propelling the sales of luxury goods including perfumes. Moreover, several manufacturers are offering high-quality products at affordable prices to target the mass market which is catalyzing the growth of the perfume industry across the globe.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Billion US$ In Billion US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Further, the capital investment required for setting up a perfume manufacturing plant is relatively low which is attracting new entrants. Due to these factors, the global perfume market value is projected to reach US$ 48 Billion by 2024, at a CAGR of 3.6% over the forecast period. Request for a free sample report: https://www.imarcgroup.com/perfume-manufacturing- plant/requestsample

5. Report Description and Highlights Report Description They are also improving the product packaging by introducing fragrances in rollerballs and mini bottle sprays. Key Market Segmentation: Market Segmentation by Perfume Type • • Premium Perfume Products Mass Perfume Products On the basis of types, the market has been bifurcated into premium and mass perfume products. Presently, the perfume market is dominated by premium perfume products. Market Segmentation by Category • • Female Fragrances Male Fragrances For more information, click here: https://www.imarcgroup.com/perfume-manufacturing-plant

6. Report Description and Highlights Report Description • Unisex Fragrances On the basis of category, female fragrances lead the market, accounting for the majority of the market share. They are followed by male and unisex fragrances. Market Segmentation by • • • • • Specialty Stores Departmental Stores Online Stores Hypermarkets and Supermarkets Others On the basis of distribution channels, the market has been segregated into specialty stores, departmental stores, online stores, hypermarkets and supermarkets, and others. Amongst these, specialty stores represent the biggest distribution channel. Market Segmentation by Region

7. Report Description and Highlights Report Description • • • • • Brazil United States Germany France Russia On a geographical front, the global perfume market has been classified into Brazil, United States, France, Germany and Russia. Currently, Brazil holds the majority of the global market share. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. • • • • • Avon Products Inc. Natura Cosméticos SA Chanel SA Coty Inc. LVMH

8. Report Description and Highlights Report Description • L'Oréal SA Browse Related Report Kuwait Perfume Market Report: https://www.imarcgroup.com/kuwait-perfume-market Saudi Arabia Perfume Market Report: https://www.imarcgroup.com/saudi-arabia-perfume-market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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