North America Perfume Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The North America perfume market size reached US$ 6.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.7 Billion by 2028, exhibiting a growth rate (CAGR) of 3.12% during 2023-2028.
A perfume is a combination of essential oils and aroma compounds which gives a pleasant smell to an individual’s body. Plants such as sandalwood, rosemary, jasmine, cinnamon and rose are the primary sources of essential oils that provide a distinctive aroma to the perfume. Apart from this, various natural ingredients like flowers, grasses, spices, fruits, woods, roots, resins, balsams, leaves, gums and animal secretions are also used in the perfume production.
The North America perfume market is currently being driven by several factors. The market growth can primarily be attributed to an increase in consumer spending on beauty and personal care items in the region. Moreover, one of the major trends in the region is the growing preference for a variety of fragrances as opposed to a single signature scent. Being witnessed particularly among the younger generation, this trend has encouraged consumer spending on both mass as well as premium products. Moreover, the rising demand for on-the-go, natural and value-added products is also contributing to the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America perfume market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on perfume type, category and distribution channel.
Key Regions Analysed
United States
Canada
Analysis for Each Country
Market by Perfume Type
Premium Perfume Products
Mass Perfume Products
Market by Category
Female Fragrances
Male Fragrances
Unisex Fragrances
Market by Distribution Channel
Supermarkets and Hypermarkets
Specialty Retailers
Online Stores
Others
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
Competitive Landscape
Competitive Structure
Key Player Profiles
Key Questions Answered in This Report:
How has the North America perfume market performed so far and how will it perform in the coming years?
What are the key regions in the North America perfume market?
What has been the impact of COVID-19 on the North America perfume market?
What is the breakup of the North America perfume market on the basis of perfume type?
What is the breakup of the North America perfume market on the basis of category?
What is the breakup of the North America perfume market on the basis of distribution channel?
What are the various stages in the value chain of the North America perfume industry?
What are the key driving factors and challenges in the North America perfume industry?
What is the structure of the North America perfume industry and who are the key players?
What is the degree of competition in the North America perfume industry?
What are the profit margins in the North America perfume industry?
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Global Perfume Market
- 5.1 Market Performance
- 5.2 Market Breakup by Perfume Type
- 5.3 Market Breakup by Category
- 5.4 Market Breakup by Distribution Channel
- 5.5 Market Breakup by Region
- 5.6 Market Forecast
- 6 North America Perfume Market
- 6.1 Market Performance
- 6.2 Impact of COVID-19
- 6.3 Market Forecast
- 7 North America Perfume Market: Breakup by Perfume Type
- 7.1 Premium Perfume Products
- 7.2 Mass Perfume Products
- 8 North America Perfume Market: Breakup by Category
- 8.1 Female Fragrances
- 8.2 Male Fragrances
- 8.3 Unisex Fragrances
- 9 North America Perfume Market: Breakup by Distribution Channel
- 9.1 Supermarkets and Hypermarkets
- 9.2 Specialty Retailers
- 9.3 Online Stores
- 9.4 Others
- 10 North America Perfume Market: Breakup by Country
- 10.1 United States
- 10.1.1 Historical Market Trends
- 10.1.2 Market Breakup by Perfume Type
- 10.1.3 Market Breakup by Category
- 10.1.4 Market Breakup by Distribution Channel
- 10.1.5 Market Forecast
- 10.2 Canada
- 10.2.1 Historical Market Trends
- 10.2.2 Market Breakup by Perfume Type
- 10.2.3 Market Breakup by Category
- 10.2.4 Market Breakup by Distribution Channel
- 10.2.5 Market Forecast
- 11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
- 12 Value Chain Analysis
- 12.1 Overview
- 12.2 Raw Material Procurement
- 12.3 Manufacturers
- 12.4 Distributors
- 12.5 Exporters
- 12.6 Retailers
- 12.7 End-Consumers
- 13 Porter’s Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Rivalry
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
- 14 Price Analysis
- 15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
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