Global Perfume and Fragrance Market by Usage (Female, Male, and Unisex), by Type (eau de perfume, eau de toilette, eau de cologne, eau fraiche and others), by Distribution Channel (Specialty Retail Stores, Multi-Retail Stores, Online & Others) Global industry analysis and forecast 2018-2026”. Fragrance and perfume market is estimated to reach approximately USD 100 Bn by 2026 at a CAGR of about 6%.
Perfume and fragrance are used to convey personal elegance, individuality, and self-confidence. Consumers are preferring fragrance and perfume products than luxury items such as bags or shoes as they are more affordable. Fragrance and perfumes have improved habits of individuals and have become important products of day-to-day life. Natural eco-friendly perfumes are some of the most recent trends in the global fragrance and perfume market. Increase in population especially young population, changing lifestyle, and growing awareness of beauty care products are some of the key factors driving the global fragrance and perfume market. Fragrance and perfume producer are becoming more innovative and offering better products at reasonable prices.
Female segment is leading the perfume and fragrance market.
Female are more conscious when there beauty is concern. Perfume and fragrance use enhances there beauty also conveys there confidence and individuality.
The Asia Pacific is expected to spectator highest growth rate.
Increasing demand of personal care products in countries such as China, India, Japan, Thailand and Vietnam. Rising perfume industry owing to rising presence of brands is further expected to fuel demand in the region. Improved lifestyle of people and ability to expend more on product is fuelling the market.
Online segment is predicted to expand in a forecast.
Various cosmetic and toiletry companies are merging with the e-commerce players in order to expand the product portfolio and hence the online retail distribution channel is anticipated to grow at a significant rate during the forecast period. Convenience, easy access, various offer and discounts are attracting the consumer to online distribution channel.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as Estée Lauder Inc., Beiersdorf AG, Christian Dior, Calvin Klein, Inc., Burberry Group plc, Giorgio Armani, Unilever, NIKE, Inc., Lacoste, Arabian Oud, Swiss Arabian Perfume Grp, Atyab Al Marshoud, Al Shaya, Ajmal Perfume, Abdulsamad Al Qurashi, Revlon, Inc., The Raymond Group, Elizabeth Arden, Inc., Loreal, Shiseido, IFF, Chanel, Estee Lauder, Avon, Vivenza, Royal Beauty Group Co., AlQuraishi Fragrances, Reehat Al Atoor, Asghar Ali Co. W.L.L., Rasasi Perfumes Industry LLC
Maximize Market Research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the Global Perfume and fragrance market. Report encompasses the market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Perfume and fragrance market. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Perfume and fragrance market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC
https://www.maximizemarketresearch.com/market-report/perfume-and-fragrance-market/13402/
Early buyers will receive 10% customization on reports.
Contact:
MAXIMIZE MARKET RESEARCH PVT. LTD.
Omkar Heights,
Manik Baug, Vadgaon Bk,
Sinhagad Road, Pune – 411051, Maharashtra, India.
+91 96071 95908/ 20 6630 3320