Perfume Market In India 2024-2028
The perfume market in india is forecasted to grow by USD 2120.5 mn during 2023-2028, accelerating at a CAGR of 19.5% during the forecast period. The report on the perfume market in india provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for perfumes from millennial population, influential endorsements of perfumes from celebrities and social media, and replenishing personal grooming.
Technavio's perfume market in india is segmented as below:
- By End-user
- Women
- Men
- By Distribution Channel
- Offline
- Online
- By Geographical Landscape
- APAC
This study identifies the high adoption of natural, customized, and unisex perfumes as one of the prime reasons driving the perfume market in india growth during the next few years. Also, improving living standards driving demand for perfumes and innovation in packaging and creatively shaped premium perfume bottles will lead to sizable demand in the market.
The report on the perfume market in india covers the following areas:
- Perfume market in india sizing
- Perfume market in india forecast
- Perfume market in india industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading perfume market in india vendors that include A. A. Attarwala and Co. Pvt. Ltd., ALL GOOD SCENTS, Armaf India, Beiersdorf AG, CavinKare Pvt. Ltd., Emami Ltd, Fragrances Of India, Hindustan Unilever Ltd., Industria de Diseno Textil SA, ITC Ltd., LOreal SA, LVMH Group, Marico Ltd., McNROE Consumer Products Pvt. Ltd., Natura and Co Holding SA, Oriental Aromatics Ltd., Symrise Group, The Estee Lauder Co. Inc., Toyota Industries Corp., and Vanesa Cosmetics Pvt. Ltd.. Also, the perfume market in india analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.