Market Overview:
The global perfumes 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 growth in the market can be attributed to factors such as rising disposable income, changing lifestyle and growing demand for luxury products. Based on type, the global perfumes and fragrances market is segmented into cologne, eau de parfum, eau de toilette, parfum and solid perfume. Among these segments, cologne held the largest share in 2017 owing to its low price point and easy availability. However, eau de parfum is projected to grow at the highest CAGR during the forecast period due to its high quality and long lasting fragrance. Based on application, lady perfume accounted for majority of the share in 2017 followed by men's perfume. The increasing demand for designer fragrances among women is driving growth of this segment globally. Additionally, increase in working women population across developed countries has led to rise in demand for lady perfumes globally.
Product Definition:
Perfumes are mixtures of fragrant essential oils or aroma compounds, fixatives and solvents. Fragrances are composed of aroma compounds that can be natural or synthetic.
Cologne:
Cologne is a city in Germany and has been an important manufacturing hub for the fragrance industry. The growth of the fragrance market largely depends on consumer preferences, trends and lifestyle changes. Over the past few years, growing demand for natural fragrances with low chemical content has been driving innovation in this sector.
The shift towards organic products is primarily driven by consumer awareness regarding health hazards associated with synthetic ingredients used in cosmetics & personal care products along with food & beverages.
Eau De Parfum:
Eau de Parfum (EDP) is a concentrated perfume oil that contains the essence or fragrances of flowers, usually in the form of essential oils. The concentration used for making EDPs is much higher than that used for making perfumes and thus they have a longevity of more than an hour. They are generally worn by women but some famous cases where men wear it too, like in YSL’s Le Deuxième Noir (Two Black).
Application Insights:
The Lady Perfume application segment led the global market in 2017. This is attributed to increasing demand for perfumes among women globally. Furthermore, rising consumer preference for feminine scents across various regions is also expected to boost the growth of this segment over the forecast period. The Men'S Perfume application segment is anticipated to witness significant growth over the forecast period owing to increased awareness about personal grooming and improved standards of living among men worldwide.
Men's fragrances are generally more popular than women's as these scents are usually lighter and more floral compared with women's muskier perfumes or scent that lingers longer on skin.
Regional Analysis:
Europe emerged as the largest regional market in 2017 and is anticipated to witness significant growth over the forecast period. The region has been witnessing increasing demand for men’s fragrances, which is driving industry growth. Furthermore, rising consumer disposable income levels are expected to fuel product demand in Europe during the forecast period.
Asia Pacific accounted for a share of more than 25% of global perfumes and fragrances market in 2017 owing to high consumption levels of perfume products among consumers from China and India. Rising middle-class population along with growing purchasing power in these countries has resulted into increased sales of premium products including colognes and perfumes since past few years; this trend is expected to continue over next eight years thereby driving industry growth across this region during the projected time frame as well.
Growth Factors:
- Increasing demand for luxury and premium products: The global perfumes 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 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 that for perfumes and fragrances market players are constantly launching new products with innovative packaging designs, aromas, etc., to lure consumers’ attention span away from existing brands/products lines offered by competitors). This trend is expected continue during the forecast period as well..
Scope Of The Report
Report Attributes
Report Details
Report Title
Perfumes and Fragrances Market Research Report
By Type
Cologne, Eau De Parfum, Eau De Toilette, Parfum, Solid Perfume
By Application
Lady Perfume, Men'S Perfume
By Companies
Achovin, GF, Herborist, VIVE, Parizino, Loreal, Coty, CHANEL, AVON, LVMH, Achovin, Puig, Procter & Gamble, Elizabeth Arden, Interparfums, Shiseido, Amore Pacific, ICR Spa, Saint Melin
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
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Perfumes and Fragrances Market Report Segments:
The global Perfumes and Fragrances market is segmented on the basis of:
Types
Cologne, Eau De Parfum, Eau De Toilette, Parfum, Solid Perfume
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
Lady Perfume, Men'S Perfume
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:
- Achovin
- GF
- Herborist
- VIVE
- Parizino
- Loreal
- Coty
- CHANEL
- AVON
- LVMH
- Achovin
- Puig
- Procter & Gamble
- Elizabeth Arden
- Interparfums
- Shiseido
- Amore Pacific
- ICR Spa
- Saint Melin
Highlights of The Perfumes 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:
- Cologne
- Eau De Parfum
- Eau De Toilette
- Parfum
- Solid Perfume
- By Application:
- Lady Perfume
- Men'S Perfume
- 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 Perfumes 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.
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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?
Perfumes and fragrances are chemicals used to give a scent to products like cologne, perfume, or shampoo.
Some of the key players operating in the perfumes and fragrances market are Achovin, GF, Herborist, VIVE, Parizino, Loreal, Coty, CHANEL, AVON, LVMH, Achovin, Puig, Procter & Gamble, Elizabeth Arden, Interparfums, Shiseido, Amore Pacific, ICR Spa, Saint Melin.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Perfumes 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 Perfumes and Fragrances Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Perfumes 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 Perfumes 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 Perfumes and Fragrances Market Size & Forecast, 2018-2028
4.5.1 Perfumes and Fragrances Market Size and Y-o-Y Growth
4.5.2 Perfumes and Fragrances Market Absolute $ Opportunity
Chapter 5 Global Perfumes and Fragrances 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 Perfumes and Fragrances Market Size Forecast by Type
5.2.1 Cologne
5.2.2 Eau De Parfum
5.2.3 Eau De Toilette
5.2.4 Parfum
5.2.5 Solid Perfume
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Perfumes and Fragrances 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 Perfumes and Fragrances Market Size Forecast by Applications
6.2.1 Lady Perfume
6.2.2 Men'S Perfume
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Perfumes 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 Perfumes 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 Perfumes and Fragrances Analysis and Forecast
9.1 Introduction
9.2 North America Perfumes and Fragrances 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 Perfumes and Fragrances Market Size Forecast by Type
9.6.1 Cologne
9.6.2 Eau De Parfum
9.6.3 Eau De Toilette
9.6.4 Parfum
9.6.5 Solid Perfume
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 Perfumes and Fragrances Market Size Forecast by Applications
9.10.1 Lady Perfume
9.10.2 Men'S Perfume
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 Perfumes and Fragrances Analysis and Forecast
10.1 Introduction
10.2 Europe Perfumes and Fragrances 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 Perfumes and Fragrances Market Size Forecast by Type
10.6.1 Cologne
10.6.2 Eau De Parfum
10.6.3 Eau De Toilette
10.6.4 Parfum
10.6.5 Solid Perfume
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 Perfumes and Fragrances Market Size Forecast by Applications
10.10.1 Lady Perfume
10.10.2 Men'S Perfume
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 Perfumes and Fragrances Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Perfumes and Fragrances 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 Perfumes and Fragrances Market Size Forecast by Type
11.6.1 Cologne
11.6.2 Eau De Parfum
11.6.3 Eau De Toilette
11.6.4 Parfum
11.6.5 Solid Perfume
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 Perfumes and Fragrances Market Size Forecast by Applications
11.10.1 Lady Perfume
11.10.2 Men'S Perfume
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 Perfumes and Fragrances Analysis and Forecast
12.1 Introduction
12.2 Latin America Perfumes and Fragrances 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 Perfumes and Fragrances Market Size Forecast by Type
12.6.1 Cologne
12.6.2 Eau De Parfum
12.6.3 Eau De Toilette
12.6.4 Parfum
12.6.5 Solid Perfume
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 Perfumes and Fragrances Market Size Forecast by Applications
12.10.1 Lady Perfume
12.10.2 Men'S Perfume
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) Perfumes and Fragrances Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Perfumes and Fragrances 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) Perfumes and Fragrances Market Size Forecast by Type
13.6.1 Cologne
13.6.2 Eau De Parfum
13.6.3 Eau De Toilette
13.6.4 Parfum
13.6.5 Solid Perfume
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) Perfumes and Fragrances Market Size Forecast by Applications
13.10.1 Lady Perfume
13.10.2 Men'S Perfume
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 Perfumes and Fragrances Market: Competitive Dashboard
14.2 Global Perfumes and Fragrances Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Achovin
14.3.2 GF
14.3.3 Herborist
14.3.4 VIVE
14.3.5 Parizino
14.3.6 Loreal
14.3.7 Coty
14.3.8 CHANEL
14.3.9 AVON
14.3.10 LVMH
14.3.11 Achovin
14.3.12 Puig
14.3.13 Procter & Gamble
14.3.14 Elizabeth Arden
14.3.15 Interparfums
14.3.16 Shiseido
14.3.17 Amore Pacific
14.3.18 ICR Spa
14.3.19 Saint Melin
