Global Perfume Market Growth 2023-2029

Global Perfume Market Growth 2023-2029

Perfume is a mixture of fragrant essential oils or aroma compounds, fixatives and solvents used to give the human body, animals, objects, and living spaces “a pleasant scent”.

In this report, all statistics of perfume are based on the standard of 50ml/bottle.

Perfume is stated to have main three notes, which work jointly to shape the long-lasting fragrance. These notes are created carefully with knowledge of the evaporation process of the perfume.

LPI (LP Information)' newest research report, the “Perfume Industry Forecast” looks at past sales and reviews total world Perfume sales in 2022, providing a comprehensive analysis by region and market sector of projected Perfume sales for 2023 through 2029. With Perfume sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Perfume industry.

This Insight Report provides a comprehensive analysis of the global Perfume landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Perfume portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Perfume market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Perfume and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Perfume.

The global Perfume market size is projected to grow from US$ 38890 million in 2022 to US$ 70260 million in 2029; it is expected to grow at a CAGR of 70260 from 2023 to 2029.

Europe is the largest Perfume market with about 46% market share. Asia(excluding China) is follower, accounting for about 23% market share.

The key players are Loreal, Coty, CHANEL, AVON, LVMH, Estée Lauder, Puig, Procter & Gamble, Elizabeth Arden, Interparfums, Shiseido, Amore Pacific, Salvatore Ferragamo, ICR Spa, Jahwa, Saint Melin etc. Top 3 companies occupied about 24% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Perfume market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Parfum

Eau de Parfum

Eau de Toilette

Eau de Cologne

Eau Fraiche

Segmentation by application

Men's Perfume

Women's Perfume

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Loreal

Coty

CHANEL

AVON

LVMH

Estée Lauder

Puig

Procter & Gamble

Elizabeth Arden

Interparfums

Shiseido

Amore Pacific

Salvatore Ferragamo

ICR Spa

Jahwa

Saint Melin

Key Questions Addressed in this Report

What is the 10-year outlook for the global Perfume market?

What factors are driving Perfume market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Perfume market opportunities vary by end market size?

How does Perfume break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.