Luxury Perfume Market by Price (High Price (USD 300 and above), Medium Price (USD 150 to USD 300)), Distribution Channel (Offline, Online Retail Stores), End-User - Global Forecast 2023-2030
The Luxury Perfume Market is projected to reach USD 84.19 billion by 2030 from USD 38.88 billion in 2022, at a CAGR of 10.13% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Luxury Perfume Market.
- Based on Price, market is studied across High Price (USD 300 and above) and Medium Price (USD 150 to USD 300). The Medium Price (USD 150 to USD 300) commanded largest market share of 59.73% in 2022, followed by High Price (USD 300 and above).
- Based on Distribution Channel, market is studied across Offline and Online Retail Stores. The Offline is further studied across Hypermarkets/Supermarkets, Multi-brand Stores, and Specialty Stores. The Offline commanded largest market share of 83.46% in 2022, followed by Online Retail Stores.
- Based on End-User, market is studied across Men, Unisex, and Women. The Women commanded largest market share of 48.12% in 2022, followed by Men.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 41.87% in 2022, followed by Americas.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Luxury Perfume Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Luxury Perfume Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Luxury Perfume Market, highlighting leading vendors and their innovative profiles. These include Burberry Group PLC, Calvin Klein Inc. by PVH Corp., Chanel Limited, Clive Christian Perfume Limited, Compagnie Financière Richemont SA, Creed Fragrances by Kering S.A., Diptyque SAS, Dolce & Gabbana S.R.L., FLORIS LONDON, Gianni Versace S.r.l. by Capri Holdings Limited, Giorgio Armani S.p.A., Hermès International S.A, ITC Limited, Krigler, L&L Luxury Company Ltd., L'Oréal S.A., LVMH Moët Hennessy Louis Vuitton, Maison Des Parfums, Prada S.p.A., PUIG, S.L., Roja Parfums Holdings Limited, Shiseido Company Limited, and The Estée Lauder Companies Inc..
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Luxury Perfume Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Luxury Perfume Market?
- What is the competitive strategic window for identifying opportunities in the Luxury Perfume Market?
- What are the latest technology trends and regulatory frameworks in the Luxury Perfume Market?
- What is the market share of the leading vendors in the Luxury Perfume Market?
- Which modes and strategic moves are suitable for entering the Luxury Perfume Market?
Please Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Luxury Perfume Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Rising disposable income and brand consciousness among consumers
- 5.1.1.2. Growing trend of gifting luxury perfumes
- 5.1.2. Restraints
- 5.1.2.1. Environmental and ethical issues coupled with the sensitivity of fragranced products
- 5.1.3. Opportunities
- 5.1.3.1. Introduction of innovative perfumes with elegant and stylish packaging
- 5.1.3.2. Attractive celebrity endorsement and promotional activities
- 5.1.4. Challenges
- 5.1.4.1. Availability of counterfeit products
- 5.2. Market Segmentation Analysis
- 5.2.1. Price: Wide array of choices for consumers depending on quality expectations and brand associations
- 5.2.2. Distribution Channel: Higher preferences for personalized customer services
- 5.2.3. End User: Significant role in catering to the diverse preferences and tastes of customers
- 5.3. Market Trend Analysis
- 5.3.1. Proliferating brand conscious consumers coupled with demand for exquisite and exotic luxury perfumes in the Americas
- 5.3.2. Increased spending on luxury goods and growing preference for personal grooming products across Asia-Pacific
- 5.3.3. Growing preference for customized luxury perfumes in EMEA region
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Luxury Perfume Market, by Price
- 6.1. Introduction
- 6.2. High Price (USD 300 and above)
- 6.3. Medium Price (USD 150 to USD 300)
- 7. Luxury Perfume Market, by Distribution Channel
- 7.1. Introduction
- 7.2. Offline
- 7.3.1. Hypermarkets/Supermarkets
- 7.3.2. Multi-brand Stores
- 7.3.3. Specialty Stores
- 7.3. Online Retail Stores
- 8. Luxury Perfume Market, by End-User
- 8.1. Introduction
- 8.2. Men
- 8.3. Unisex
- 8.4. Women
- 9. Americas Luxury Perfume Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Luxury Perfume Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Luxury Perfume Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Merger & Acquisition
- 12.3.1.1. Kering Beauté Acquires Creed, The High-End Luxury Heritage Fragrance House
- 12.3.1.2. Estée Lauder Agrees to Buy Tom Ford Brand in USD 2.8 Billion Deal
- 12.3.1.3. Puig Acquires Majority Stake In Luxury Fragrance And Beauty Brand Byredo
- 12.3.2. Agreement, Collaboration, & Partnership
- 12.3.2.1. Azzaro Parfum Partners With Shoppers Stop To Launch New Range Celebrating Fathers And Sons
- 12.3.2.2. Bella Vita Luxury partners with Mumbai Indians, Royal Challengers Bangalore
- 12.3.3. New Product Launch & Enhancement
- 12.3.3.1. Ralph Lauren Launches 3 New Polo Earth Fragrances in Refillable Bottles
- 12.3.3.2. ITC Engage Unveils Eco-friendly Engage L'amante Luxury Perfume Sprays with Innovative Bag on Valve Technology in India
- 12.3.3.3. Estée Lauder Launches New 'beautiful' Perfume Collection To Rival Designer Scents
- 12.3.4. Award, Recognition, & Expansion
- 12.3.4.1. Shiseido Expands Serge Lutens Brand in Asia
- 12.3.4.2. L'Oréal Creates New Division for Luxury Perfumery
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. Burberry Group PLC
- 13.1.2. Calvin Klein Inc. by PVH Corp.
- 13.1.3. Chanel Limited
- 13.1.4. Clive Christian Perfume Limited
- 13.1.5. Compagnie Financière Richemont SA
- 13.1.6. Creed Fragrances by Kering S.A.
- 13.1.7. Diptyque SAS
- 13.1.8. Dolce & Gabbana S.R.L.
- 13.1.9. FLORIS LONDON
- 13.1.10. Gianni Versace S.r.l. by Capri Holdings Limited
- 13.1.11. Giorgio Armani S.p.A.
- 13.1.12. Hermès International S.A
- 13.1.13. ITC Limited
- 13.1.14. Krigler
- 13.1.15. L&L Luxury Company Ltd.
- 13.1.16. L'Oréal S.A.
- 13.1.17. LVMH Moët Hennessy Louis Vuitton
- 13.1.18. Maison Des Parfums
- 13.1.19. Prada S.p.A.
- 13.1.20. PUIG, S.L.
- 13.1.21. Roja Parfums Holdings Limited
- 13.1.22. Shiseido Company Limited
- 13.1.23. The Estée Lauder Companies Inc.
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
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