Perfume & Fragrances Market, By Product Type (Premium and Mass Produced), By Consumer Type (Female, Male, and Unisex), By Distribution Channel (Offline Retail and Online Retail), and By Region (North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World) – Market Size & Forecasting (2016-2028)

The Perfume & Fragrances Market is expected to promise high growth owing to increasing demand in expenditure on grooming products in recent years. Increasing demand from type premium and mass-produced is expected to drive the growth of the market. Perfumes and fragrances have become an integral part of an individual’s everyday life. These products are used to relieve a person of the unpleasant smell produced in the body due to sweating.

Segment Insights

The perfume & fragrances market has been segmented on the basis fo product type, consumer type, and distribution channel. Based on product type, the perfume & fragrances market has been segmented into premium and mass-produced. Premium perfumes and fragrances are being preferred, as there are a wide variety of brands of perfumes and can be used for gifting purpose. Based on consumer type, the market has been divided into female, male, and unisex. The demand for perfume and fragrances from the unisex segment is expected to grow, as people are leaning towards products that can be used by all genders.

On the basis of the distribution channels, the perfume & fragrances market has been segmented into offline retail and online retail. The offline retail channel is preferred by consumers, as they can test the products themselves instead of relying on online reviews.

Key Factors Impacting Market Growth:

  • Increase in expenditure on grooming products
  • Changing lifestyles and preferences
  • The rise in disposable income of the consumers

Regional Analysis

On the basis of the region, the perfume & fragrances market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe are some of the major markets that are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe.  This region has been witnessing a number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Moreover, regulatory authorities have imposed strict guidelines with regard to environmental concerns and potential health hazards due to exposures. This has been more instrumental in the Western Europe region competitively. Some of the major economies in these regions include the US, Germany, UK, France, Canada, Italy, Spain, and so on.

The Asia Pacific and the Middle East are expected to register substantial growth in the perfume & fragrances market during the forecast period. This demand is with regard to the growth of major product types are premium and mass-produced. Major countries in the Asia Pacific region include China, South Korea, Japan, India, Australia, and so on. Middle East includes the UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region.  Rest the World that includes South America and Africa has a strong potential for the perfume & fragrances market. There has been an increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for the perfume & fragrances market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: Chanel SA, Calvin Klein, Hermès International SA, Shiseido Co., Ltd, Revlon Inc., Avon Products Inc., Estee Lauder, and Nina Ricci

Market Segmentation:

By Product Type:

  • Premium

  • Mass Produced

By Consumer Type:

  • Female

  • Male

  • Unisex

By Distribution Channel:

  • Offline Retail

  • Online Retail

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Product Type

    • By Consumer Type

    • By Distribution Channel

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Product Type

    • By Consumer Type

    • By Distribution Channel

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Product Type

    • By Consumer Type

    • By Distribution Channel

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Product Type

    • By Consumer Type

    • By Distribution Channel

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Product Type

    • By Consumer Type

    • By Distribution Channel

  • Rest of the World

    • By Region (South America, Africa)

    • By Product Type

    • By Consumer Type

    • By Distribution Channel

Reasons to Buy This Report:

  • Market size estimation of the global perfume & fragrances market on a regional and global basis

  • The unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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