Consumer
Global Fragrance and Perfume Market Opportunities and Forecast 2020-2027
  • DLR2971
  • 29 January, 2022
  • Consumer Goods
  • Pages: 120
  • Global
Global Fragrance and Perfume Market, By Type (Premium Products, Mass Products) By Product (Perfume, Deodorant, Roll-On, Other) By Distribution Channels, (Online, Retail, Departmental Stores, Others), and opportunities and forecast 2020-2027

Fragrance and Perfume Market Overview

Some of the most recent trends in the global fragrance and perfume market include custom-made, natural, and eco-friendly perfumes. The global fragrance and perfume market is being driven by a growing population, particularly among the young, a changing lifestyle, and a greater awareness of beauty care products. Consumer spending on personal and cosmetic care products is increasing as the population grows. As a result, the global fragrance and perfume market is quickly expanding.
 
Providers of fragrances and perfumes are becoming more innovative and offering better products at more reasonable pricing. Over the predicted term, this is expected to boost perfume penetration. The popularity of numerous high-end brands is constantly expanding among consumers. The global fragrance and perfume market is growing due to rising customer spending on luxury goods as a result of rising disposable income. Furthermore, the global fragrance and perfume market is likely to benefit from the increased use of perfumed products in the house in the future.
 
On the other hand, during the projection period, the use of chemical elements that may have certain adverse effects, as well as fake cosmetics and toiletry products, are likely to hinder the global fragrance and perfume market's expansion.

Report Metric Details
Market size available for years 2019–2027
Base year considered 2019
Forecast period 2020–2027
Forecast unit Value (USD Million)
Segments covered Type, Product, Distribution Channels, and Region.
Regions covered North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
Companies covered Coty Inc., Bvlgari, Gucci, Procter & Gamble, Prestige Beauty, L’Oreal International, Firmenich, LVMH, Elizabeth Arden Inc., Perfumania Holdings Inc., Estee Lauder Beautiful, Avon Products Inc., Calvin Klein Inc.


Covid-19 Impact on Fragrance and Perfume Market

Consumers across the globe are adjusting to the new normal and there is a noteworthy discrepancy in consumer behavior. Consumer's purchasing habits, behavior, and attitudes have changed in light of COVID-19. People are shopping very consciously and are majorly centered on basic needs and are buying locally. Consumers are using digital commerce to play, learn, and connect to manage isolation and follow social distancing policy. The covid-19 has consistently impacted the shopping behavior of 9 in 10 consumers. Nearly 30-50 percent of the consumers have shifted towards online shopping from March 2020 to December 2020.

Fragrance and Perfume Market Segment Overview



Based on Type, Premium Products is the most prominent segment in the global Fragrance and Perfume Market.  This is due to the availability of several brands at affordable costs. According to Distribution Channels, Online is the important segment in the market. To extend their product portfolio, some cosmetic and toiletry companies are establishing collaborations with e-commerce players, and the online retail distribution channel is expected to develop at a high rate during the projected period.

Fragrance and Perfume Market, By Type
·       Premium Products 
·       Mass Products

Fragrance and Perfume Market, By Product
·       Perfume
·       Deodorant
·       Roll-On
·       Other

Fragrance and Perfume Market, By Distribution Channels
·       Online
·       Retail
·       Departmental Stores
·       Others

Fragrance and Perfume Regional Overview

In terms of geography, the global fragrance and perfume market is classified into North America, South America, Europe, Asia Pacific, and Middle East & Africa. North America region is anticipated to dominate the market during the forecast period. This is because of the factors such as the increasing economy and growth in sales of premium products. Furthermore, the market in the Asia Pacific is expected to rise at a considerable rate in the forthcoming years. Factors such as rising disposable income, improvement in the living standard, and increasing customer spending on luxury products are majorly contribute to the growth of the market in this region.

Fragrance and Perfume Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
  
Fragrance and Perfume Market, Key Players

·       Coty Inc.
·       Bvlgari
·       Gucci
·       Procter & Gamble
·       Prestige Beauty
·       L’Oreal International
·       Firmenich
·       LVMH
·       Elizabeth Arden Inc.
·       Perfumania Holdings Inc.
·       Estee Lauder Beautiful
·       Avon Products Inc.
·       Calvin Klein Inc. 

Frequently Asked Questions (FAQ) :

Q1. What are the driving factors for the global Fragrance and Perfume market?

A. The global fragrance and perfume market is being driven by a growing population, particularly among the young, a changing lifestyle, and a greater awareness of beauty care products.

Q2. What are the restraining factors for the global Fragrance and Perfume market?

A. During the projection period, the use of chemical elements that may have certain adverse effects, as well as fake cosmetics and toiletry products, are likely to hinder the global fragrance and perfume market's expansion.

Q3. Which segment is projected to hold the largest share in the global Fragrance and Perfume market?

A. Premium Products segment is projected to hold the largest share in the global Fragrance and Perfume market.

Q4. Which region holds the largest share in the global Fragrance and Perfume market?

A. North America holds the largest share in the global Fragrance and Perfume market.

Q5. Which are the prominent players in the global Fragrance and Perfume market?

A. Coty Inc., Bvlgari, Gucci, Procter & Gamble, Prestige Beauty, L’Oreal International, Firmenich, LVMH, Elizabeth Arden Inc., Perfumania Holdings Inc., Estee Lauder Beautiful, Avon Products Inc., Calvin Klein Inc. are some key players in the global Fragrance and Perfume market.
Fragrance and Perfume Market Study Global Market Analysis, Insights and Forecast, 2020-2027

    1. Introduction

    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions

    2. Executive Summary

      3. Market Dynamics

      • 3.1. Market Drivers
      • 3.2. Market Restraints
      • 3.3. Market Opportunities

      4. Key Insights

      • 4.1. Key Emerging Trends – For Major Countries
      • 4.2. Latest Technological Advancement
      • 4.3. Regulatory Landscape
      • 4.4. Industry SWOT Analysis
      • 4.5. Porters Five Forces Analysis

      5. Global Fragrance and Perfume Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 5.1. Key Findings / Summary
      • 5.2. Market Analysis, Insights and Forecast – By Type
        • 5.2.1. Premium Products
        • 5.2.2. Mass Products
      • 5.3. Market Analysis, Insights and Forecast – By Product
        • 5.3.1. Perfume
        • 5.3.2. Deodorant
        • 5.3.3. Roll-On
        • 5.3.4. Other
      • 5.4. Market Analysis, Insights and Forecast – By Distribution Channels
        • 5.4.1. Online
        • 5.4.2. Retail
        • 5.4.3. Departmental Stores
        • 5.4.4. Others
      • 5.5. Market Analysis, Insights and Forecast – By Region
        • 5.5.1. North America
        • 5.5.2. Europe
        • 5.5.3. Asia Pacific
        • 5.5.4. Latin America, Middle East and Africa

      6. North America Fragrance and Perfume Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 6.1. Key Findings / Summary
      • 6.2. Market Analysis, Insights and Forecast – By Type
        • 6.2.1. Premium Products
        • 6.2.2. Mass Products
      • 6.3. Market Analysis, Insights and Forecast – By Product
        • 6.3.1. Perfume
        • 6.3.2. Deodorant
        • 6.3.3. Roll-On
        • 6.3.4. Other
      • 6.4. Market Analysis, Insights and Forecast – By Distribution Channels
        • 6.4.1. Online
        • 6.4.2. Retail
        • 6.4.3. Departmental Stores
        • 6.4.4. Others
      • 6.5. Market Analysis, Insights and Forecast – By Country
        • 6.5.1. U.S.
        • 6.5.2. Canada

      7. Europe Fragrance and Perfume Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 7.1. Key Findings / Summary
      • 7.2. Market Analysis, Insights and Forecast – By Type
        • 7.2.1. Premium Products
        • 7.2.2. Mass Products
      • 7.3. Market Analysis, Insights and Forecast – By Product
        • 7.3.1. Perfume
        • 7.3.2. Deodorant
        • 7.3.3. Roll-On
        • 7.3.4. Other
      • 7.4. Market Analysis, Insights and Forecast – By Distribution Channels
        • 7.4.1. Online
        • 7.4.2. Retail
        • 7.4.3. Departmental Stores
        • 7.4.4. Others
      • 7.5. Market Analysis, Insights and Forecast – By Country
        • 7.5.1. UK
        • 7.5.2. Germany
        • 7.5.3. France
        • 7.5.4. Italy
        • 7.5.5. Spain
        • 7.5.6. Russia
        • 7.5.7. Rest of Europe

      8. Asia Pacific Fragrance and Perfume Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 8.1. Key Findings / Summary
      • 8.2. Market Analysis, Insights and Forecast – By Type
        • 8.2.1. Premium Products
        • 8.2.2. Mass Products
      • 8.3. Market Analysis, Insights and Forecast – By Product
        • 8.3.1. Perfume
        • 8.3.2. Deodorant
        • 8.3.3. Roll-On
        • 8.3.4. Other
      • 8.4. Market Analysis, Insights and Forecast – By Distribution Channels
        • 8.4.1. Online
        • 8.4.2. Retail
        • 8.4.3. Departmental Stores
        • 8.4.4. Others
      • 8.5. Market Analysis, Insights and Forecast – By Country
        • 8.5.1. China
        • 8.5.2. India
        • 8.5.3. Japan
        • 8.5.4. Australia
        • 8.5.5. South East Asia
        • 8.5.6. Rest of Asia Pacific

      9. Latin America, Middle East and Africa Fragrance and Perfume Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 9.1. Key Findings / Summary
      • 9.2. Market Analysis, Insights and Forecast – By Type
        • 9.2.1. Premium Products
        • 9.2.2. Mass Products
      • 9.3. Market Analysis, Insights and Forecast – By Product
        • 9.3.1. Perfume
        • 9.3.2. Deodorant
        • 9.3.3. Roll-On
        • 9.3.4. Other
      • 9.4. Market Analysis, Insights and Forecast – By Distribution Channels
        • 9.4.1. Online
        • 9.4.2. Retail
        • 9.4.3. Departmental Stores
        • 9.4.4. Others
      • 9.5. Market Analysis, Insights and Forecast – By Country
        • 9.5.1. Brazil
        • 9.5.2. Saudi Arabia
        • 9.5.3. UAE
        • 9.5.4. Rest of LAMEA

      10. Competitive Analysis

      • 10.1. Company Market Share Analysis, 2018
      • 10.2. Key Industry Developments
      • 10.3. Company Profile
      • 10.4. Coty Inc.
        • 10.4.1. Business Overview
        • 10.4.2. Segment 1 & Service Offering
        • 10.4.3. Overall Revenue
        • 10.4.4. Geographic Presence
        • 10.4.5. Recent Development
      *Similar details will be provided for the following companies
      • 10.5. Bvlgari
      • 10.6. Gucci
      • 10.7. Procter & Gamble
      • 10.8. Prestige Beauty
      • 10.9. L’Oreal International
      • 10.10. Firmenich
      • 10.11. LVMH
      • 10.12. Elizabeth Arden Inc.
      • 10.13. Perfumania Holdings Inc.
      • 10.14. Estee Lauder Beautiful
      • 10.15. Avon Products Inc.

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