Global Industry News

Latest Trends and Developments Across All the Industries

Perfume Market To Exhibit Increased Demand In Coming Years : Fact.MR

The perfume market is the market for scent items that are used to improve people’s own aromas. These products come in a variety of forms, including eau de parfum, eau de toilette, and eau de cologne. Because of the expanding trend of personal grooming and growing knowledge about the value of personal scent, the market for fragrances has expanded dramatically in recent years. Factors driving the market include the growing popularity of fragrances, rising consumer disposable income, and an increase in the number of new product releases by prominent companies.

The perfume market is divided into three sections: product type, distribution channel, and region. The market may be divided into three categories based on product type: eau de parfum, eau de toilette, and eau de cologne. The market may be divided into three categories based on distribution channel: online, offline, and others. The market may be divided into four regions: North America, Europe, Asia-Pacific, and the rest of the world.

Because of the increasing popularity of personal grooming and the area’s expanding disposable income, the Asia-Pacific region is likely to witness considerable expansion in the perfume industry. Among the market’s key companies are L’Oreal, Coty, Inc., Chanel, and Estée Lauder Companies Inc. They are investing in R&D to create unique and high-quality scents to meet consumers’ evolving requirements and tastes.

Download Free Sample Copy of this Report –

Perfume Market Segmentation by Category

  • By Product Type :
    • Eau de Parfum
    • Eau de Toilette
    • Eau de Cologne
    • Eau Fraiche
  • By Customer Orientation :
    • Perfumes for Males
    • Perfumes for Females
    • Unisex Perfumes
    • Perfumes for Kids
  • By Nature :
    • Synthetic Perfumes
    • Natural Perfumes
  • By Price Range :
    • Mass Perfumes
    • Premium Perfumes
  • By Perfume Type :
    • Citrus Perfumes
      • Bergamont
      • Lemon
      • Lime
      • Orange
    • Fruity Perfumes
      • Apple
      • Melon
      • Peach
      • Strawberry
    • Spicy Perfumes
      • Cinnamon
      • Cloves
      • Nutmeg
    • Floral Perfumes
      • Jasmine
      • Carnation
      • Rose
      • Violet
    • Green Perfumes
    • Woody Perfumes
    • Mossy Perfumes
    • Amber Perfumes
  • By Sales Channel :
    • Online Sales/E-tailing of Perfumes
      • Company/Brand Websites
      • E-Commerce Platform
    • Offline Sales of Perfumes
      • Supermarkets/Hypermarkets
      • Franchise Outlets
      • Departmental Stores
      • Mono Brand Stores
      • Convenience Stores
      • Drug Store and Pharmacies
      • Multi-Brand Outlets
      • Other Sales Channels
  • By Region :
    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

Competitive Landscape: Top Perfume Companies

For instance:

  1. Recent releases from the Nue Co. wellness brand include Functional Fragrance, a unisex scent that emphasizes anti-stress fragrance. The fragrance of the perfume, which was created in association with researchers, combines both warmth and freshness. It contains things like fake vanilla, fruit fragrances, green cardamom, iris, and more.
  2. A new line of gender-neutral scents called Tarick, Tanner, Taylor, Tatum, and Tarlow was just unveiled by Trace New York, a new fragrance company. These fragrances are based on notes of scents like lime, bergamot, fern, and green apples, among others. They are hand-poured, include essential oils, and are very well-liked by millennials.

Key Companies Profiled

  • Christian Dior
  • L’Oreal
  • LVMH
  • Coty
  • Estee Lauder
  • PUIG
  • Capri Holdings Ltd.
  • Shiseido Co. Ltd.
  • Natura & Co.
  • Givaudan
  • Revlon Inc. (Elizabeth Arden)
  • Avon Products
  • Hermes International
  • Giorgio Armani Beauty

After reading the report on Global Perfume Market, readers get insight into: 

  • The prevailing challenges, restraints, opportunities, and drivers of the market
  • The competitive landscape with profiles of leading market players
  • New as well as promising avenues for revenue generation in key regions of the market
  • Emerging revenue streams for all the players in the developing regions
  • Influence of Covid-19 in the market and how the pandemic is going to shape the contours of the market in the forthcoming years
  • Technologies and business models with disruptive potential 
  • Role of regulatory bodies in boosting new growth opportunities of the market across different parts of the world
  • How new market developments are likely to  influence the market at large in the near future 

Leave a Reply

Your email address will not be published. Required fields are marked *