Perfume and Fragrance Market: Global Industry Analysis and Forecast (2021-2027), Key Trends, Sales Volume Analysis, Industry Share, Size.

Perfume and Fragrance Market size was valued at US$ 42.07 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 5.5% through 2021 to 2027, reaching nearly US$ 61.20 Bn.

Perfume and Fragrance Market Overview:

A fragrance is a mixture of organic compounds that emits a characteristic odour or odour. A perfume is a liquid mixture that is used to produce a pleasing odour. Fragrant essential oils sourced from plants and spices, as well as synthetic aromatic molecules, are used to make it. Fragrances offer a lot of relaxing characteristics that might help humans to keep their mind in check and fight insomnia. Perfumes contain components that help to relieve headaches, and the myriad therapeutic effects will keep you calm. Perfume and Fragrance Market To know about the Research Methodology :- Request Free Sample Report Though market forecasting through 2027 is based on real output, demand and supply of 2020, 2020 numbers are also estimated on real numbers published by key players as well all-important players across the world. Market forecasting till 2027 is done based on past data from 2016 to 2019 with the impact of global lock down on the market in 2020 and 2021.

Perfume and Fragrance Market Dynamics:

Major market players are concentrating their efforts on creating exciting, unique, and innovative fragrances to appeal to a variety of consumer groups around the world. During the forecast period, perfumes and colognes, as well as body sprays and other scented body products, are expected to grow significantly. Similarly, premium perfumes are driving growth in developed regions such as North America and Europe, whereas mass scents are losing value. Fragrance contains pheromones, a substance with aphrodisiac characteristics, so it can work as an aphrodisiac. This makes someone who wears perfume correctly incredibly appealing to others. The application of scent is crucial, and ensuring that the proper areas are targeted is crucial. Individual grooming habits have improved as a result of fragrance and perfumes, which have become key products in everyday life. Perfume and scent products are used to mask the unpleasant odours that sweating causes. The global Perfume & Fragrance Market has been impacted by rapid urbanisation. In the Perfume & Fragrance Market, lifestyle changes, as well as growing living standards, have had a favourable impact. The trend of retail therapy, which is effortless, calming, and ultimately joyful shopping, is one of the key forces promoting perfume and fragrance sales. The industry has been spurred by an increase in disposable money for personal and beauty care items, as well as increased awareness of personal cleanliness. The market for cosmetics and toiletries is expected to be driven by rising demand for car and room fresheners, as well as the growing popularity of aromatherapy. Increasing demand from growing application sectors such as insecticides, candles, and incense sticks is expected to drive market growth over the forecast period. Perfume and Fragrance Market 1

Perfume and Fragrance Market Segment Analysis:

Based on the Product Type, the market is segmented into Eau De Parfum, Eau De Toilette, Eau De Cologne, Eau Fraiche, and Others. Eau De Parfum and Eau De Toilette segments are expected to hold the market share of xx% and xx% by 2027. Eau de parfum has a fragrance concentration of 15-20% and can last up to four hours. It is appropriate for everyday use. Grooming water is referred to as EAU De Toilette (EDT). EDT contains aromatic oils in the range of 5% to 15%. The scent lasts for two to three hours at the most. EDT is used for daytime usage, whereas Eau de Parfum is reserved for evening wear. This is the case with the majority of male fragrances. Perfume and Fragrance Market 2 Based on the Distribution Channel, the market is segmented into Online Retail Stores, Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, and Other Offline Retail Stores. Online Retail Stores segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2027. This is due to many cosmetic and toiletry companies are merging with e-commerce players to extend their product portfolios, the online retail distribution channel is expected to rise at a high rate during the forecast period. Cosmetics and perfume retailers are increasingly using photos and videos to enhance sales of perfumes and aromas, due to the rise in online sales. Some online cosmetics stores also allow customers to customise their scents and smells. Perfume and Fragrance Market 3

Global Perfume and Fragrance Market Regional Insights:

Europe dominates the Global Perfume and Fragrance market during the forecast period 2021-2027. Europe is expected to hold the largest market shares of xx% by 2027. This is due to the rising disposable income and increased consumer awareness of personal hygiene. Due to the influence of the fashion sector and consumer awareness of personal grooming, Europe is expected to emerge as the largest regional market. These are the major factors that drives the growth of this region in the Global market during the forecast period 2021-2027. Europe Perfumes and Fragrances Consumption in 2018, by Country (in Millions of Euros) Perfume and Fragrance Market 4 Asia Pacific is expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2027. Asia-Pacific countries such as China, Japan, South Korea, Indonesia, Malaysia, Singapore, and others are key contributors to the region's rank as the world's fastest-growing fragrance and perfume market. Pocket perfumes have become increasingly popular in recent years due to their portability and ability to be used on the go. CavinKare, the FMCG behemoth, debuted the first-of-its-kind sachet perfume under the Spinz brand. The objective of the report is to present a comprehensive analysis of the Global Perfume and Fragrance Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of 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 a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Global Perfume and Fragrance Market dynamic, structure by analyzing the market segments and project the Global Perfume and Fragrance Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Perfume and Fragrance Market make the report investor’s guide.

Global Perfume and Fragrance Market Scope: Inquire before buying

Global Perfume and Fragrance Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2019 Market Size in 2020: US $ 42.07 Bn.
Forecast Period 2021 to 2027 CAGR: 5.5% Market Size in 2027: US $ 61.20 Bn.
Segments Covered: by Product Type • Eau De Parfum • Eau De Toilette • Eau De Cologne • Eau Fraiche • Others
by Consumer Group • Male • Female • Unisex
by Distribution Channel • Online Retail Stores • Supermarkets/Hypermarkets • Specialty Stores • Convenience Stores • Other Offline Retail Stores

Global Perfume and Fragrance Market, by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Global Perfume and Fragrance Market Key Players

• Elizabeth Arden, Inc. • LVMH • PVH Corp. • Loreal • Shiseido • IFF • Chanel SA • Estee Lauder • Avon • Vivenza • Royal Beauty Group Co. • AlQuraishi Fragrances • Reehat Al Atoor • Asghar Ali Co. W.L.L. • Rasasi Perfumes Industry LLC • Arabian Oud • Swiss Arabian Perfume Grp

Frequently Asked Questions:

1] What segments are covered in Global Perfume and Fragrance Market report? Ans. The segments covered in Global Perfume and Fragrance Market report are based on Product Type, Consumer Group, and Distribution Channel. 2] Which region is expected to hold the highest share in the Global Perfume and Fragrance Market? Ans. Europe is expected to hold the highest share in the Global Perfume and Fragrance Market. 3] Who are the top key players in the Global Perfume and Fragrance Market? Ans. Elizabeth Arden, Inc., LVMH, PVH Corp., Loreal, Shiseido, IFF, and Chanel SA are the top key players in the Global Perfume and Fragrance Market. 4] Which segment holds the largest market share in the Global Perfume and Fragrance market by 2027? Ans. Eau De Parfum and Eau De Toilette segment hold the largest market share in the Global Perfume and Fragrance market by 2027. 5] What is the market size of the Global Perfume and Fragrance market by 2027? Ans. The market size of the Global Perfume and Fragrance market is US $61.20 Bn. by 2027. 6] What was the market size of the Global Perfume and Fragrance market in 2020? Ans. The market size of the Global Perfume and Fragrance market was worth US $42.07 Bn. in 2020.
1. Global Perfume and Fragrance Market: Research Methodology 2. Global Perfume and Fragrance Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Perfume and Fragrance Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Perfume and Fragrance Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Perfume and Fragrance Market Segmentation 4.1 Global Perfume and Fragrance Market, by Product Type (2020-2027) • Eau De Parfum • Eau De Toilette • Eau De Cologne • Eau Fraiche • Others 4.2 Global Perfume and Fragrance Market, by Consumer Group (2020-2027) • Male • Female • Unisex 4.3 Global Perfume and Fragrance Market, by Distribution Channel (2020-2027) • Online Retail Stores • Supermarkets/Hypermarkets • Specialty Stores • Convenience Stores • Other Offline Retail Stores 5. North America Perfume and Fragrance Market (2020-2027) 5.1 Global Perfume and Fragrance Market, by Product Type (2020-2027) • Eau De Parfum • Eau De Toilette • Eau De Cologne • Eau Fraiche • Others 5.2 Global Perfume and Fragrance Market, by Consumer Group (2020-2027) • Male • Female • Unisex 5.3 Global Perfume and Fragrance Market, by Distribution Channel (2020-2027) • Online Retail Stores • Supermarkets/Hypermarkets • Specialty Stores • Convenience Stores • Other Offline Retail Stores 5.4 North America Perfume and Fragrance Market, by Country (2020-2027) • United States • Canada • Mexico 6. Asia Pacific Perfume and Fragrance Market (2020-2027) 6.1. Asia Pacific Perfume and Fragrance Market, by Product Type (2020-2027) 6.2. Asia Pacific Perfume and Fragrance Market, by Consumer Group (2020-2027) 6.3. Asia Pacific Perfume and Fragrance Market, by Distribution Channel (2020-2027) 6.4. Asia Pacific Perfume and Fragrance Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Perfume and Fragrance Market (2020-2027) 7.1 Middle East and Africa Perfume and Fragrance Market, by Product Type (2020-2027) 7.2. Middle East and Africa Perfume and Fragrance Market, by Consumer Group (2020-2027) 7.3. Middle East and Africa Perfume and Fragrance Market, by Distribution Channel (2020-2027) 7.4. Middle East and Africa Perfume and Fragrance Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Perfume and Fragrance Market (2020-2027) 8.1. Latin America Perfume and Fragrance Market, by Product Type (2020-2027) 8.2. Latin America Perfume and Fragrance Market, by Consumer Group (2020-2027) 8.3. Latin America Perfume and Fragrance Market, by Distribution Channel (2020-2027) 8.4. Latin America Perfume and Fragrance Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 9. European Perfume and Fragrance Market (2020-2027) 9.1. European Perfume and Fragrance Market, by Product Type (2020-2027) 9.2. European Perfume and Fragrance Market, by Consumer Group (2020-2027) 9.3. European Perfume and Fragrance Market, by Distribution Channel (2020-2027) 9.4. European Perfume and Fragrance Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 10. Company Profile: Key players 10.1. Elizabeth Arden, Inc. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. LVMH 10.3. PVH Corp. 10.4. Loreal 10.5. Shiseido 10.6. IFF 10.7. Chanel SA 10.8. Estee Lauder 10.9. Avon 10.10. Vivenza 10.11. Royal Beauty Group Co. 10.12. AlQuraishi Fragrances 10.13. Reehat Al Atoor 10.14. Asghar Ali Co. W.L.L. 10.15. Rasasi Perfumes Industry LLC 10.16. Arabian Oud 10.17. Swiss Arabian Perfume Grp

About This Report

Report ID 13402
Category Material & Chemical
Published Date oct 2019
Updated Date Nov 2021
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