Global Perfume Market is Expected to Reach a Valuation of USD 44.54 Billion by 2027

Perfume Market is estimated to grow at 4.10% for 2020-2027 with factors such as use of harmful chemical ingredients and availability of counterfeit products which will impede the growth of the market in emerging economies.

Perfume market has shown an exceptional penetration in developing economies in Asia-Pacific. Increasing disposable income and rising consumer spending on premium and luxury fragrances which will likely to enhance the growth of the market.

Perfume Market Scenario

According to Data Bridge Market Research the perfume market is attaining a significant growth in developing economies during the forecast period of 2020-2027 due to factors such as rising demand for luxury and exotic fragrance is a vital factor escalating the market growth, also rising consumer spending on premium and luxury fragrances because of high-income level and improving living standards, product innovations based on customer needs and continuous research and development activities which will help in boosting he growth of the market.

Now the question is which are the other regions that perfume market is targeting? Data Bridge Market Research has estimated a large growth in Europe perfume market in the forecast period of 2020-2027. The Data bridge market research new reports highlight the major growth factors and opportunities in the perfume market.  

For more analysis on the perfume market request for a briefing with our analysts

Scope of the Perfume Market

Perfume market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Brazil, Argentina, Rest of South America as a part of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe in Europe, China, Japan, India, Australia, Singapore, Thailand, Malaysia, South Korea, Indonesia, Philippines, Rest of Asia-Pacific (APAC) as a part of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel,  Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

  • All country based analysis of the perfume market is further analyzed based on maximum granularity into further segmentation. On the basis of product, the market is segmented into mass and premium. Based on end user, the market is segmented into men and women. Based on distribution channel, the market is segmented into offline and online.  
  • Perfumes are a kind of combination of essential oils and fragrance compounds used to improve body odour, along with alcohol and/or water. They consist of essential oils or fragrances that are used to give a good odour. Wood, herbs, flowers, grasses, fruits, resins, leaves, roots, balsam, gums and animal secretions are some of the traditional natural ingredients used in the manufacture of perfumes.

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Key Pointers Covered in the Perfume Market Industry Trends and Forecast to 2027

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Regulatory Framework and Changes
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • Avon
  • Coty Inc.
  • Natura Cosmticos SA
  • Chanel SA
  • LVMH
  • Burberry L’Oreal Groupe
  • Estée Lauder Inc
  • Elizabeth Arden, Inc
  • Puig
  • Unilever
  • Procter & Gamble
  • Tommy Hilfiger licensing, LLC

Above are the key players covered in the report, to know about more and exhaustive list of perfume companies,’ contact us

Research Methodology: Global Perfume Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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