Market Overview:
The global fragrance market is expected to reach USD XX million by 2030, registering a CAGR of XX% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as rising demand for fragrances from various applications, increasing disposable income of consumers, and growing awareness about personal hygiene. Based on type, the global fragrance market is segmented into plant-based fragrances, animal-based fragrances, mineral-based fragrances and others. Among these segments, plant-based fragrances are expected to account for a major share in the overall market during the forecast period. This can be attributed to their ecofriendly nature and ability to provide long lasting scent. Based on application, perfumes are expected to account for a major share in terms of revenue in the global fragrance market during 2018–2030. This can be attributed to their widespread use across different industries such as cosmetics & personal care products (CPCP), home care products and food & beverage industry among others.
Product Definition:
Fragrance is a natural or man-made substance that has an agreeable smell. Fragrance is important because it can affect moods and emotions.
Plant:
Plant, also known as raw material or source, is the substance used for manufacturing fragrances. It can be sourced from both natural and synthetic (man-made) sources. Plant extracts are usually obtained from a single species of plant or a very limited range of plants. The most commonly used plants in fragrance production include lavender, rosemary, jasmine, sandalwood, cypresses and citrus fruits such as grapefruit and oranges among others.
Animal:
Animal is a raw material used in the fragrance industry. It can be sourced from either natural or artificial sources. The most common animal-based ingredients include ambergris, castoreum, civet, and muskoxen among others. Ambergris is found in an intestinal tract of greyhounds and castoreum comes from the dried testicles of some species of beaver; both are used as fixatives for fragrances including vanilla extract and tobacco smoke respectively.
Application Insights:
The market is segmented by application into perfumes, cosmetics, others and niche applications. Perfume held the largest share of over 40% in 2017. The increasing use of fragrance in perfumery to attract customers and enhance their appeal is one of the key factors driving the demand for natural fragrances.
Cosmetic application is anticipated to witness a CAGR of XX% from 2018 to 2030 owing to rising consumer awareness regarding personal hygiene and skin health along with an increase in product innovation by major players such as L¢â‚¬â„¢Oreal, Avon Products Inc., Estee Lauder Companies L¢â‚¬â„¢Oreal Ž² Sephora Collection (France), Deborah Group Sdn Bhd (Malaysia), The Procter & Gamble Company (U.S.), Murad LLC (U.S.
Regional Analysis:
Europe emerged as the largest regional market in 2017 and accounted for over 30% of the total share. The region will retain its leading position expanding at a CAGR of XX% from 2018 to 2030 owing to rising demand for premium products with unique characteristics from different countries across the world. Rising popularity of natural ingredients coupled with increasing awareness regarding health, fitness, and body image is expected to drive regional growth over next eight years.
Asia Pacific is anticipated to be one of the fastest-growing regions due to rapid urbanization along with changing consumer lifestyle in emerging economies including China, India, Indonesia, Malaysia Philippines Singapore Thailand Vietnam etc., which has led consumers looking for new fragrances that can uplift their moods and spirits among other things).
Growth Factors:
- Increasing demand for luxury and premium products
- Rising disposable income of consumers in developing countries
- Proliferation of online retail channels
- Growing popularity of celebrity-endorsed fragrances
- Innovation in product offerings
Scope Of The Report
Report Attributes
Report Details
Report Title
Fragrance Market Research Report
By Type
Plant, Animal, Minerals, Others
By Application
Perfumes, Cosmetics, Others
By Companies
Revlon, Raymond, Estee Lauder, L'Oreal, Beiersdorf, Christian Dior, Calvin Klein, Burberry, Giorgio Armani, Unilever, NIKE, Lacoste
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Fragrance Market Report Segments:
The global Fragrance market is segmented on the basis of:
Types
Plant, Animal, Minerals, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Perfumes, Cosmetics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Revlon
- Raymond
- Estee Lauder
- L'Oreal
- Beiersdorf
- Christian Dior
- Calvin Klein
- Burberry
- Giorgio Armani
- Unilever
- NIKE
- Lacoste
Highlights of The Fragrance Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plant
- Animal
- Minerals
- Others
- By Application:
- Perfumes
- Cosmetics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fragrance Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fragrance is a mixture of chemicals used to make objects smell pleasant.
Some of the major companies in the fragrance market are Revlon, Raymond, Estee Lauder, L'Oreal, Beiersdorf, Christian Dior, Calvin Klein, Burberry, Giorgio Armani, Unilever, NIKE, Lacoste.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fragrance Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fragrance Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fragrance Market - Supply Chain
4.5. Global Fragrance Market Forecast
4.5.1. Fragrance Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fragrance Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fragrance Market Absolute $ Opportunity
5. Global Fragrance Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fragrance Market Size and Volume Forecast by Type
5.3.1. Plant
5.3.2. Animal
5.3.3. Minerals
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fragrance Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fragrance Market Size and Volume Forecast by Application
6.3.1. Perfumes
6.3.2. Cosmetics
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fragrance Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fragrance Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fragrance Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fragrance Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fragrance Demand Share Forecast, 2019-2026
9. North America Fragrance Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fragrance Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fragrance Market Size and Volume Forecast by Application
9.4.1. Perfumes
9.4.2. Cosmetics
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fragrance Market Size and Volume Forecast by Type
9.7.1. Plant
9.7.2. Animal
9.7.3. Minerals
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fragrance Demand Share Forecast, 2019-2026
10. Latin America Fragrance Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fragrance Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fragrance Market Size and Volume Forecast by Application
10.4.1. Perfumes
10.4.2. Cosmetics
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fragrance Market Size and Volume Forecast by Type
10.7.1. Plant
10.7.2. Animal
10.7.3. Minerals
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fragrance Demand Share Forecast, 2019-2026
11. Europe Fragrance Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fragrance Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fragrance Market Size and Volume Forecast by Application
11.4.1. Perfumes
11.4.2. Cosmetics
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fragrance Market Size and Volume Forecast by Type
11.7.1. Plant
11.7.2. Animal
11.7.3. Minerals
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fragrance Demand Share, 2019-2026
12. Asia Pacific Fragrance Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fragrance Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fragrance Market Size and Volume Forecast by Application
12.4.1. Perfumes
12.4.2. Cosmetics
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fragrance Market Size and Volume Forecast by Type
12.7.1. Plant
12.7.2. Animal
12.7.3. Minerals
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fragrance Demand Share, 2019-2026
13. Middle East & Africa Fragrance Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fragrance Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fragrance Market Size and Volume Forecast by Application
13.4.1. Perfumes
13.4.2. Cosmetics
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fragrance Market Size and Volume Forecast by Type
13.7.1. Plant
13.7.2. Animal
13.7.3. Minerals
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fragrance Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fragrance Market: Market Share Analysis
14.2. Fragrance Distributors and Customers
14.3. Fragrance Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Revlon
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Raymond
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Estee Lauder
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. L'Oreal
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Beiersdorf
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Christian Dior
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Calvin Klein
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Burberry
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Giorgio Armani
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Unilever
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. NIKE
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Lacoste
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook