Luxury Perfume Market was valued US$ 13.66 Bn in 2022 and is expected to reach US$ 19.62 Bn by 2029, at a 5.3% CAGR of around during a forecast period. The report analyzes factors affecting the market from both demand and supply side and further evaluates luxury perfume market dynamics affecting during the forecast period i.e., drivers, restraints, opportunities, and future trends. The market growth is attributed to a rising trend of personal grooming, coupled with a growing demand for luxury and exotic fragrances. Additionally, growing consumer spending on premium and luxury fragrances because of the high-income level, along with improving living standards, is driving the global market. In recent years, perfumes have evolved into a major business in the cosmetics and personal care industry. Perfumes have emerged as a vital product driven by the growing trend of personal care, forming a part of pride and confidence.To know about the Research Methodology :- Request Free Sample Report The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis. Most of the developed economies have witnessed demand for luxury perfume products. Such as, the U.K premium fragrance revenue sales increased by nearly 5.3% in 2022. However, the overall fragrance market of the country saw a decline by 5.3%. This is attributable to the increase in per capita income of target customers coupled with extended product offerings of luxury perfume manufacturers. So surge in demand for various fragrance products triggers the growth of the market. The report on the global luxury perfume market covers segments such as price, end-use, and distribution channel. Based on price, the price range of $100-$200 segments accounts for a higher value 5.3% luxury perfume market share since the majority of the luxury perfumes range between price ranges of $100 and $200. Consumers with higher disposable income are the target customers in the price segment. Manufacturers within such price ranges strategize on bringing continuous innovation in their product aids that cater to the requirements of the consumers. The Asia Pacific is the most dominant region in the market for luxury perfume since some of the APAC economies like China, India, Australia, and other comprises of various key-value addition brands that have been gaining a higher level of traction among the target customers. In China, Christian Dior is known to be the greatest established brand. However, in the recent past, numerous other key brands came into the picture, for instance, y Chanel, Alisters for men and Elizabeth Arden. In India, Bulgari Parfums was the largest player within fragrances, recording a retail value share of 5.3%. The reports cover a key development in the global market for luxury perfume-like in June 2021 Chanel introduced three new unisex perfumes inspired and named as Biarritz, Deauville, and Venise which come in a sleek bottle. The objective of the report is to present comprehensive analysis of Global Luxury Perfume Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding Global Luxury Perfume Market dynamics, structure by analyzing the market segments, and project the Global Luxury Perfume Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Luxury Perfume Market make the report investor’s guide.
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Luxury Perfume Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 13.66 Bn. Forecast Period 2023 to 2029 CAGR: 5.3% Market Size in 2029: US $ 19.62 Bn. Segments Covered: by Price $50–$100 $100–$200 Above $200 by End User Male Female Unisex by Distribution Channel Specialty Store Online Store Luxury Perfume Market, By Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Key players operating in the Global Luxury Perfume Market
1. Chanel 2. Estee Lauder 3. Hermes 4. Creed 5. Ralph Lauren 6. Annick Goutal 7. Baccarat 8. Clive Christian 9. Dior 10. Dkny 11. Avon 12. Chanel 13. Coty 14. LVHM 15. Elizabeth Arden 16. Gucci Group NV 17. Gianni Versace 18. Liz Claiborne 19. Loreal 20. Revlon 21. Alister Frequently Asked Questions: 1. Which region has the largest share in Global Luxury Perfume Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Luxury Perfume Market? Ans: The Global Luxury Perfume Market is growing at a CAGR of 5.3% during forecasting period 2023-2029. 3. What is scope of the Global Luxury Perfume market report? Ans: Global Luxury Perfume Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Luxury Perfume market? Ans: The important key players in the Global Luxury Perfume Market are – Chanel, Estee Lauder, Hermes, Creed, Ralph Lauren, Annick Goutal, Baccarat, Clive Christian, Dior, Dkny, Avon, Chanel, Coty, LVHM, Elizabeth Arden, Gucci Group NV, Gianni Versace, Liz Claiborne, Loreal, Revlon, and Alister 5. What is the study period of this market? Ans: The Global Luxury Perfume Market is studied from 2022 to 2029.
1. Luxury Perfume Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Luxury Perfume Market: Dynamics 2.1. Luxury Perfume Market Trends by Region 2.1.1. North America Luxury Perfume Market Trends 2.1.2. Europe Luxury Perfume Market Trends 2.1.3. Asia Pacific Luxury Perfume Market Trends 2.1.4. Middle East and Africa Luxury Perfume Market Trends 2.1.5. South America Luxury Perfume Market Trends 2.2. Luxury Perfume Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Luxury Perfume Market Drivers 2.2.1.2. North America Luxury Perfume Market Restraints 2.2.1.3. North America Luxury Perfume Market Opportunities 2.2.1.4. North America Luxury Perfume Market Challenges 2.2.2. Europe 2.2.2.1. Europe Luxury Perfume Market Drivers 2.2.2.2. Europe Luxury Perfume Market Restraints 2.2.2.3. Europe Luxury Perfume Market Opportunities 2.2.2.4. Europe Luxury Perfume Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Luxury Perfume Market Drivers 2.2.3.2. Asia Pacific Luxury Perfume Market Restraints 2.2.3.3. Asia Pacific Luxury Perfume Market Opportunities 2.2.3.4. Asia Pacific Luxury Perfume Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Luxury Perfume Market Drivers 2.2.4.2. Middle East and Africa Luxury Perfume Market Restraints 2.2.4.3. Middle East and Africa Luxury Perfume Market Opportunities 2.2.4.4. Middle East and Africa Luxury Perfume Market Challenges 2.2.5. South America 2.2.5.1. South America Luxury Perfume Market Drivers 2.2.5.2. South America Luxury Perfume Market Restraints 2.2.5.3. South America Luxury Perfume Market Opportunities 2.2.5.4. South America Luxury Perfume Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Luxury Perfume Industry 2.8. Analysis of Government Schemes and Initiatives For Luxury Perfume Industry 2.9. Luxury Perfume Market Trade Analysis 2.10. The Global Pandemic Impact on Luxury Perfume Market 3. Luxury Perfume Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Luxury Perfume Market Size and Forecast, by Price (2022-2029) 3.1.1. $50–$100 3.1.2. $100–$200 3.1.3. Above $200 3.2. Luxury Perfume Market Size and Forecast, by End User (2022-2029) 3.2.1. Male 3.2.2. Female 3.2.3. Unisex 3.3. Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 3.3.1. Specialty Store 3.3.2. Online Store 3.4. Luxury Perfume Market Size and Forecast, by Region (2022-2029) 3.4.1. North America 3.4.2. Europe 3.4.3. Asia Pacific 3.4.4. Middle East and Africa 3.4.5. South America 4. North America Luxury Perfume Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Luxury Perfume Market Size and Forecast, by Price (2022-2029) 4.1.1. $50–$100 4.1.2. $100–$200 4.1.3. Above $200 4.2. North America Luxury Perfume Market Size and Forecast, by End User (2022-2029) 4.2.1. Male 4.2.2. Female 4.2.3. Unisex 4.3. North America Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 4.3.1. Specialty Store 4.3.2. Online Store 4.4. North America Luxury Perfume Market Size and Forecast, by Country (2022-2029) 4.4.1. United States 4.4.1.1. United States Luxury Perfume Market Size and Forecast, by Price (2022-2029) 4.4.1.1.1. $50–$100 4.4.1.1.2. $100–$200 4.4.1.1.3. Above $200 4.4.1.2. United States Luxury Perfume Market Size and Forecast, by End User (2022-2029) 4.4.1.2.1. Male 4.4.1.2.2. Female 4.4.1.2.3. Unisex 4.4.1.3. United States Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 4.4.1.3.1. Specialty Store 4.4.1.3.2. Online Store 4.4.2. Canada 4.4.2.1. Canada Luxury Perfume Market Size and Forecast, by Price (2022-2029) 4.4.2.1.1. $50–$100 4.4.2.1.2. $100–$200 4.4.2.1.3. Above $200 4.4.2.2. Canada Luxury Perfume Market Size and Forecast, by End User (2022-2029) 4.4.2.2.1. Male 4.4.2.2.2. Female 4.4.2.2.3. Unisex 4.4.2.3. Canada Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 4.4.2.3.1. Specialty Store 4.4.2.3.2. Online Store 4.4.3. Mexico 4.4.3.1. Mexico Luxury Perfume Market Size and Forecast, by Price (2022-2029) 4.4.3.1.1. $50–$100 4.4.3.1.2. $100–$200 4.4.3.1.3. Above $200 4.4.3.2. Mexico Luxury Perfume Market Size and Forecast, by End User (2022-2029) 4.4.3.2.1. Male 4.4.3.2.2. Female 4.4.3.2.3. Unisex 4.4.3.3. Mexico Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 4.4.3.3.1. Specialty Store 4.4.3.3.2. Online Store 5. Europe Luxury Perfume Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Luxury Perfume Market Size and Forecast, by Price (2022-2029) 5.2. Europe Luxury Perfume Market Size and Forecast, by End User (2022-2029) 5.3. Europe Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 5.4. Europe Luxury Perfume Market Size and Forecast, by Country (2022-2029) 5.4.1. United Kingdom 5.4.1.1. United Kingdom Luxury Perfume Market Size and Forecast, by Price (2022-2029) 5.4.1.2. United Kingdom Luxury Perfume Market Size and Forecast, by End User (2022-2029) 5.4.1.3. United Kingdom Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 5.4.2. France 5.4.2.1. France Luxury Perfume Market Size and Forecast, by Price (2022-2029) 5.4.2.2. France Luxury Perfume Market Size and Forecast, by End User (2022-2029) 5.4.2.3. France Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 5.4.3. Germany 5.4.3.1. Germany Luxury Perfume Market Size and Forecast, by Price (2022-2029) 5.4.3.2. Germany Luxury Perfume Market Size and Forecast, by End User (2022-2029) 5.4.3.3. Germany Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 5.4.4. Italy 5.4.4.1. Italy Luxury Perfume Market Size and Forecast, by Price (2022-2029) 5.4.4.2. Italy Luxury Perfume Market Size and Forecast, by End User (2022-2029) 5.4.4.3. Italy Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 5.4.5. Spain 5.4.5.1. Spain Luxury Perfume Market Size and Forecast, by Price (2022-2029) 5.4.5.2. Spain Luxury Perfume Market Size and Forecast, by End User (2022-2029) 5.4.5.3. Spain Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 5.4.6. Sweden 5.4.6.1. Sweden Luxury Perfume Market Size and Forecast, by Price (2022-2029) 5.4.6.2. Sweden Luxury Perfume Market Size and Forecast, by End User (2022-2029) 5.4.6.3. Sweden Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 5.4.7. Austria 5.4.7.1. Austria Luxury Perfume Market Size and Forecast, by Price (2022-2029) 5.4.7.2. Austria Luxury Perfume Market Size and Forecast, by End User (2022-2029) 5.4.7.3. Austria Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 5.4.8. Rest of Europe 5.4.8.1. Rest of Europe Luxury Perfume Market Size and Forecast, by Price (2022-2029) 5.4.8.2. Rest of Europe Luxury Perfume Market Size and Forecast, by End User (2022-2029) 5.4.8.3. Rest of Europe Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 6. Asia Pacific Luxury Perfume Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Luxury Perfume Market Size and Forecast, by Price (2022-2029) 6.2. Asia Pacific Luxury Perfume Market Size and Forecast, by End User (2022-2029) 6.3. Asia Pacific Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 6.4. Asia Pacific Luxury Perfume Market Size and Forecast, by Country (2022-2029) 6.4.1. China 6.4.1.1. China Luxury Perfume Market Size and Forecast, by Price (2022-2029) 6.4.1.2. China Luxury Perfume Market Size and Forecast, by End User (2022-2029) 6.4.1.3. China Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 6.4.2. S Korea 6.4.2.1. S Korea Luxury Perfume Market Size and Forecast, by Price (2022-2029) 6.4.2.2. S Korea Luxury Perfume Market Size and Forecast, by End User (2022-2029) 6.4.2.3. S Korea Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 6.4.3. Japan 6.4.3.1. Japan Luxury Perfume Market Size and Forecast, by Price (2022-2029) 6.4.3.2. Japan Luxury Perfume Market Size and Forecast, by End User (2022-2029) 6.4.3.3. Japan Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 6.4.4. India 6.4.4.1. India Luxury Perfume Market Size and Forecast, by Price (2022-2029) 6.4.4.2. India Luxury Perfume Market Size and Forecast, by End User (2022-2029) 6.4.4.3. India Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 6.4.5. Australia 6.4.5.1. Australia Luxury Perfume Market Size and Forecast, by Price (2022-2029) 6.4.5.2. Australia Luxury Perfume Market Size and Forecast, by End User (2022-2029) 6.4.5.3. Australia Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 6.4.6. Indonesia 6.4.6.1. Indonesia Luxury Perfume Market Size and Forecast, by Price (2022-2029) 6.4.6.2. Indonesia Luxury Perfume Market Size and Forecast, by End User (2022-2029) 6.4.6.3. Indonesia Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 6.4.7. Malaysia 6.4.7.1. Malaysia Luxury Perfume Market Size and Forecast, by Price (2022-2029) 6.4.7.2. Malaysia Luxury Perfume Market Size and Forecast, by End User (2022-2029) 6.4.7.3. Malaysia Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 6.4.8. Vietnam 6.4.8.1. Vietnam Luxury Perfume Market Size and Forecast, by Price (2022-2029) 6.4.8.2. Vietnam Luxury Perfume Market Size and Forecast, by End User (2022-2029) 6.4.8.3. Vietnam Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 6.4.9. Taiwan 6.4.9.1. Taiwan Luxury Perfume Market Size and Forecast, by Price (2022-2029) 6.4.9.2. Taiwan Luxury Perfume Market Size and Forecast, by End User (2022-2029) 6.4.9.3. Taiwan Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 6.4.10. Rest of Asia Pacific 6.4.10.1. Rest of Asia Pacific Luxury Perfume Market Size and Forecast, by Price (2022-2029) 6.4.10.2. Rest of Asia Pacific Luxury Perfume Market Size and Forecast, by End User (2022-2029) 6.4.10.3. Rest of Asia Pacific Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 7. Middle East and Africa Luxury Perfume Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Luxury Perfume Market Size and Forecast, by Price (2022-2029) 7.2. Middle East and Africa Luxury Perfume Market Size and Forecast, by End User (2022-2029) 7.3. Middle East and Africa Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 7.4. Middle East and Africa Luxury Perfume Market Size and Forecast, by Country (2022-2029) 7.4.1. South Africa 7.4.1.1. South Africa Luxury Perfume Market Size and Forecast, by Price (2022-2029) 7.4.1.2. South Africa Luxury Perfume Market Size and Forecast, by End User (2022-2029) 7.4.1.3. South Africa Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 7.4.2. GCC 7.4.2.1. GCC Luxury Perfume Market Size and Forecast, by Price (2022-2029) 7.4.2.2. GCC Luxury Perfume Market Size and Forecast, by End User (2022-2029) 7.4.2.3. GCC Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 7.4.3. Nigeria 7.4.3.1. Nigeria Luxury Perfume Market Size and Forecast, by Price (2022-2029) 7.4.3.2. Nigeria Luxury Perfume Market Size and Forecast, by End User (2022-2029) 7.4.3.3. Nigeria Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 7.4.4. Rest of ME&A 7.4.4.1. Rest of ME&A Luxury Perfume Market Size and Forecast, by Price (2022-2029) 7.4.4.2. Rest of ME&A Luxury Perfume Market Size and Forecast, by End User (2022-2029) 7.4.4.3. Rest of ME&A Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 8. South America Luxury Perfume Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Luxury Perfume Market Size and Forecast, by Price (2022-2029) 8.2. South America Luxury Perfume Market Size and Forecast, by End User (2022-2029) 8.3. South America Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 8.4. South America Luxury Perfume Market Size and Forecast, by Country (2022-2029) 8.4.1. Brazil 8.4.1.1. Brazil Luxury Perfume Market Size and Forecast, by Price (2022-2029) 8.4.1.2. Brazil Luxury Perfume Market Size and Forecast, by End User (2022-2029) 8.4.1.3. Brazil Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 8.4.2. Argentina 8.4.2.1. Argentina Luxury Perfume Market Size and Forecast, by Price (2022-2029) 8.4.2.2. Argentina Luxury Perfume Market Size and Forecast, by End User (2022-2029) 8.4.2.3. Argentina Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 8.4.3. Rest Of South America 8.4.3.1. Rest Of South America Luxury Perfume Market Size and Forecast, by Price (2022-2029) 8.4.3.2. Rest Of South America Luxury Perfume Market Size and Forecast, by End User (2022-2029) 8.4.3.3. Rest Of South America Luxury Perfume Market Size and Forecast, by Distribution Channel (2022-2029) 9. Global Luxury Perfume Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Luxury Perfume Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Chanel 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Estee Lauder 10.3. Hermes 10.4. Creed 10.5. Ralph Lauren 10.6. Annick Goutal 10.7. Baccarat 10.8. Clive Christian 10.9. Dior 10.10. Dkny 10.11. Avon 10.12. Chanel 10.13. Coty 10.14. LVHM 10.15. Elizabeth Arden 10.16. Gucci Group NV 10.17. Gianni Versace 10.18. Liz Claiborne 10.19. Loreal 10.20. Revlon 10.21. Alister 11. Key Findings 12. Industry Recommendations 13. Luxury Perfume Market: Research Methodology 14. Terms and Glossary