Global Female Fragrance Market Size study & Forecast, by Type (Fruity Fragrances, Citrus, Oriental, Woody), By Application (Supermarkets, Hypermarkets, Online Retail), and Regional Analysis, 2022-2029
Global Female Fragrance Market is valued at approximately USD XXX million in 2021 and is anticipated to grow with a healthy growth rate of more than XXX over the forecast period 2022-2029. Fragrance refers to a pleasant or distinctive smell or aroma that can be sensed through the sense of smell. It can be derived from natural or synthetic sources and can be found in a variety of products including perfumes, colognes, body sprays, lotions, candles, air fresheners, and more. Fragrances are created by combining a complex blend of ingredients, such as essential oils, aroma compounds, fixatives, and solvents, in various proportions to produce a unique and appealing scent. The fragrance industry has evolved to cater to different preferences, with fragrances ranging from light and fresh to heavy and musky, and can be marketed to both men and women. The market demand is primarily driven by the factors such as rising awareness towards personal grooming, coupled with the increased options in personalized fragrances and customization.
In addition, the growing e-commerce sales and increasing social media users are acting as major driving factors for market growth. Social media influencers and beauty bloggers often recommend and review various perfumes, which helps to create awareness and generate interest among their followers. Since about January 2023, there have been 5.16 billion internet users globally, accounting for 64.4 % of the global population. Social media was used by 4.76 billion people or 59.4% of the world's population, thus, in turn, these factors are expected to escalate the demand for vaccines in the global market. Furthermore, the increasing demand for natural and organic fragrances, as well as the rising popularity of artisanal fragrances are presenting lucrative opportunities for market growth over the forthcoming years. However, fluctuation in the cost of raw materials is restricting the market growth over the forecast period of 2022-2029.
The key regions considered for the Global Female Fragrance Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe dominated the market in terms of revenue, owing to its long history of perfumery and the presence of many established fragrance companies. Whereas, Asia Pacific is also expected to grow at the highest growth rate over the forecasting period. Factors such as the desire for luxury goods and the trend towards more unique & customized fragrances are burgeoning the market growth in the forecasting years.
Major market players included in this report are:
Procter & Gamble Company
Chanel SA
Coty, Inc.,
Elizabeth Arden Inc.
Guccio Gucci S.P.A.
Gianni Versace S.r.l.
Kate Spade & Company
L'oreal Groupe
Revlon Consumer Products Corporation
Bvlgari Parfums
Recent Developments in the Market:
In November 2022, Coty Inc. launched Chloé Rose Naturelle Intense, demonstrating the company's dedication to sustainable innovation. Refillable bottles for the new Chloé Rose Naturelle Intense showed lower environmental consequences across all Product Life Cycle Assessment variables. It aids in lowering greenhouse gas emissions by up to 65%2, water use by 67%, energy use by 66%3, and mineral resource use by 75%. The environmental impact of the bottle and its refill, from the choice of raw materials to the end of the product's life, was assessed by an independent company, EVEA, for the Chloé Rose Naturelle Intense product. Five standard 50 ml bottles, a 100 ml bottle, and a 150 ml refill were all compared to see how they affected the environment.
Global Female Fragrance Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Fruity Fragrances
Citrus
Oriental
Woody
By Application:
Supermarkets
Hypermarkets
Online Retail
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
ROLA
Rest of the World
Companies Mentioned
Procter & Gamble Company
Chanel SA
Coty, Inc.,
Elizabeth Arden Inc.
Guccio Gucci S.P.A.
Gianni Versace S.r.l.
Kate Spade & Company
L'oreal Groupe
Revlon Consumer Products Corporation
Bvlgari Parfums
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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