Market Overview:
The global perfume and fragrances market is expected to reach a value of USD XX million by 2030, registering a CAGR of XX% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for premium perfumes and rising disposable income of consumers in developing countries. Based on type, the global perfume and fragrances market is segmented into eau de parfum, eau de toilette, eau fraiche, and eau de cologne. Among these segments, the eau de parfum segment is projected to account for a major share of the global perfume and fragrances market during the forecast period. This can be attributed to its high demand from both men and women across regions. Additionally, owing to its long-lasting fragrance effect, this segment is expected to witness significant growth in terms of revenue over the forecast period. Based on application, the global perfume and fragrances market is divided into men’s fragrance and women’s fragrance segments.
Product Definition:
A perfume is a mixture of fragrant essential oils or aroma compounds, fixatives and solvents - used to give the human body, animals, food, objects, and living spaces a pleasant scent. Fragrances are an important part of perfumery as they are used to create scents that appeal to the sense of smell.
Eau de Parfum:
Eau de Parfum is a concentrated perfume in the form of liquid. It has been widely used by both men and women for centuries as it holds a high degree of compatibility with the skin. The concentration makes it easier to wear, but also means that more than one bottle can be worn at a time without having an adverse effect on the others.
Eau de Toilette:
Eau de Toilette, also known as toilet water or essence, is a light-weight liquid perfume that is used to scent the bathroom. It has lower concentration of oils and chemicals as compared to Eau de Cologne which makes it lighter in weight and hence ideal for Summer months. The main ingredients in Eau de Toilette are alcohols, esters and flavoring agents along with essential oils like lavender or rosemary oil.
Application Insights:
Men application segment dominated the global market in 2017. The rising popularity of eau de parfum and eaux de toilette is contributing to the growth of this segment. In addition, growing preference for perfumes with fresh and floral fragrance is expected to drive demand over the forecast period.
The women application segment was estimated at USD 3,874.3 million in 2017 owing to increasing usage of perfumes that appeal to personal preferences and enhance moods without necessarily revealing a hidden message or intention behind it all. Fragrances are also used by some women before going out for social occasions such as work parties or family functions where they want their partner(s)to smell good too.
Perfume manufacturers have been focusing on creating scents that appeal across various age groups including millennials, Generation Z.
Regional Analysis:
Asia Pacific accounted for the largest share of over 40.0% in 2017 owing to the presence of a large number of players and high demand from countries such as China, India, Japan, South Korea, and Indonesia. The region is expected to maintain its lead throughout the forecast period owing to factors such as growing middle-class population with higher spending capacity; increasing foreign direct investments by international companies; rising awareness about luxury lifestyle among consumers; and expansion of retail chains in this region.
North America is projected to be one of the fastest-growing regions during the forecast period due to increasing consumer preference towards premium products offering enhanced quality & fragrance experience at an affordable price range.
Europe was valued at USD X billion in 2017.
Growth Factors:
- Increasing demand for luxury and premium products: The global perfume and fragrances market is expected to grow at a CAGR of 5.5% during the forecast period. This can be attributed to the increasing demand for luxury and premium products, especially in developing countries.
- Rising disposable income: The growth of the middle class population across the globe is leading to an increase in disposable income, which is subsequently fueling the demand for luxury goods, including perfumes and fragrances.
- Growing popularity of e-commerce: The growth of e-commerce has led to a rise in online sales of perfumes and fragrances, thereby providing a boost to this market segment.
- Proliferation of new product launches: Innovation plays a key role in driving growth in any industry, including the perfume and fragrances market. Manufacturers are constantly introducing new products with innovative packaging designs and formulations to cater to consumer needs/preferences., thereby boosting this market’s growth prospects..
Scope Of The Report
Report Attributes
Report Details
Report Title
Perfume and Fragrances Market Research Report
By Type
Eau de Parfum, Eau de Toilette, Eau Fraiche, Eau de Cologne
By Application
Men, Women
By Companies
Anais Anais, Cham Pangme, Chanel, Estee Lauder, JOY-Jean Patoa, Lancoome, Nina Ricci, Shalimar, Dior, Cabotine, Anais Anais
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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Perfume and Fragrances Market Report Segments:
The global Perfume and Fragrances market is segmented on the basis of:
Types
Eau de Parfum, Eau de Toilette, Eau Fraiche, Eau de Cologne
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
Men, Women
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:
- Anais Anais
- Cham Pangme
- Chanel
- Estee Lauder
- JOY-Jean Patoa
- Lancoome
- Nina Ricci
- Shalimar
- Dior
- Cabotine
- Anais Anais
Highlights of The Perfume and Fragrances 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:
- Eau de Parfum
- Eau de Toilette
- Eau Fraiche
- Eau de Cologne
- By Application:
- Men
- Women
- 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 Perfume and Fragrances 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?
Perfume and fragrances are chemicals that are used to make a person smell nice.
Some of the key players operating in the perfume and fragrances market are Anais Anais, Cham Pangme, Chanel, Estee Lauder, JOY-Jean Patoa, Lancoome, Nina Ricci, Shalimar, Dior, Cabotine, Anais Anais.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Perfume and Fragrances Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Perfume and Fragrances Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Perfume and Fragrances Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Perfume and Fragrances Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Perfume and Fragrances Market Size & Forecast, 2020-2028
4.5.1 Perfume and Fragrances Market Size and Y-o-Y Growth
4.5.2 Perfume and Fragrances Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Eau de Parfum
5.2.2 Eau de Toilette
5.2.3 Eau Fraiche
5.2.4 Eau de Cologne
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Men
6.2.2 Women
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Perfume and Fragrances Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Perfume and Fragrances Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Eau de Parfum
9.6.2 Eau de Toilette
9.6.3 Eau Fraiche
9.6.4 Eau de Cologne
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Men
9.10.2 Women
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Eau de Parfum
10.6.2 Eau de Toilette
10.6.3 Eau Fraiche
10.6.4 Eau de Cologne
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Men
10.10.2 Women
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Eau de Parfum
11.6.2 Eau de Toilette
11.6.3 Eau Fraiche
11.6.4 Eau de Cologne
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Men
11.10.2 Women
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Eau de Parfum
12.6.2 Eau de Toilette
12.6.3 Eau Fraiche
12.6.4 Eau de Cologne
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Men
12.10.2 Women
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Eau de Parfum
13.6.2 Eau de Toilette
13.6.3 Eau Fraiche
13.6.4 Eau de Cologne
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Men
13.10.2 Women
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Perfume and Fragrances Market: Competitive Dashboard
14.2 Global Perfume and Fragrances Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Anais Anais
14.3.2 Cham Pangme
14.3.3 Chanel
14.3.4 Estee Lauder
14.3.5 JOY-Jean Patoa
14.3.6 Lancoome
14.3.7 Nina Ricci
14.3.8 Shalimar
14.3.9 Dior
14.3.10 Cabotine
14.3.11 Anais Anais
