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Global Perfume Market: By Product: Premium Product, Mass Product; By Gender: Male, Female, Unisex; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Value Chain Analysis; Price Analysis; Competitive Landscape; Industry Events and Developments

Global Perfume Market Outlook

The global perfume market reached a value of about USD 33 billion in 2020. The market is further expected to grow at a CAGR of 4% in the forecast period of 2021 and 2026.

 

Global Perfume Market

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Growing Demand for Long Lasting and Unique Fragrances to Bolster the Growth of the Perfume Industry

On the basis of product, premium perfumes are expected to dominate the market in the forecast period. This can be attributed to the rising popularity of premium perfumes among youth as these are long-lasting, unique, and comes with innovative fragrances. The market is likely to be propelled by this segment, as perfumes are increasingly becoming an essential part of lifestyle for a majority of the population. Be it meetings, family gatherings, house parties, or any special event, the product application can enhance the presentability of a person.

 

Increasing Product Demand among Women to Augment the Perfume Industry Growth

Based on gender, the female segment accounts for the largest share in the market. The increasing expenditure by women on cosmetics and personal well-being is one of the major reasons for the growth of the segment. The increasing participation of women in the workforce will further motivate them to use premium personal care products to look presentable and leave a good impression on people.

 

Europe Accounts for a Significant Share in the Market

The demand for the product in Germany, France, the United Kingdom, and Spain, among others has been significant owing to the rising standards of living, increasing disposable incomes, and increased presence of popular perfume brands including Chris Dior, Chanel, and Guerlain in Europe. Over the forecast period, the rising export and the increasing domestic demand in France are anticipated to significantly propel the market growth. Europe is followed by North America, where consumers are frequent users of premium products.

 

Perfume: Industry Definition and Segmentation

Perfume is defined as a fluid preparation of natural or synthetic essences that is used for scenting. It has an extremely pleasant smell and is used by people to make them more presentable. It is usually made from essential oils extracted from flowers or spices and is used to give a pleasant odour to one's body. Perfume market is a consumer-driven industry which is day-by-day turning from less-essential commodity to a staple day-to-day personal grooming product.

 

Perfume Market by Perfume Type

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Based on product, the market is bifurcated into:

  • Premium Product
  • Mass Product

On the basis of gender, the industry is divided into:

  • Male
  • Female
  • Unisex

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Perfume Market by Region

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Growing Beauty and Fashion Industry and the Rising Awareness Regarding Personal Care to Boost the Growth of the Perfume Industry

The global perfume industry is being driven by the thriving beauty and fashion industry and the increasing awareness among consumers about personal well-being and grooming. The market is further supported by the increasing disposable income and rising standards of living. The growing inclination of both men and women towards beauty and personal care will further provide an impetus to the market growth.

The diversification of fragrances and the rising popularity of existing products among youth will further bolster the market growth in the forecast period. Furthermore, the growing e-commerce sector, along with attractive deals offered by various e-commerce platforms is expected to positively influence the market growth.

 

Key Industry Players in the Global Perfume Market

The report gives a detailed analysis of the following key players in the global perfume market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Avon Products Inc.
  • Natura Cosméticos SA
  • Chanel SA
  • Coty Inc.
  • LVMH
  • L’Oreal SA
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Perfume Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Perfume Historical Market (2016-2020) 
    8.3    Global Perfume Market Forecast (2021-2026)
    8.4    Global Perfume Market by Product
        8.4.1    Premium Product    
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Mass Product
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Perfume Market by Gender
        8.5.1    Male 
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Female 
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Unisex 
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
    8.6    Global Perfume Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyers Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Avon Products Inc.
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Natura Cosméticos SA
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Chanel SA
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Coty Inc.
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    LVMH
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    L'Oréal SA
            13.2.6.1    Company Overview
            13.2.6.2    Product Portfolio
            13.2.6.3    Demographic Reach and Achievements
            13.2.6.4    Certifications
        13.2.7    Others
14    Industry Events and Developments


Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operations Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment


List of Figures and Tables

1.    Global Perfume Market: Key Industry Highlights, 2016 and 2026
2.    Global Perfume Historical Market: Breakup by Product (USD Billion), 2016-2020
3.    Global Perfume Market Forecast: Breakup by Product (USD Billion), 2021-2026
4.    Global Perfume Historical Market: Breakup by Gender (USD Billion), 2016-2020
5.    Global Perfume Market Forecast: Breakup by Gender (USD Billion), 2021-2026
6.    Global Perfume Historical Market: Breakup by Region (USD Billion), 2016-2020
7.    Global Perfume Market Forecast: Breakup by Region (USD Billion), 2021-2026
8.    North America Perfume Historical Market: Breakup by Country (USD Billion), 2016-2020
9.    North America Perfume Market Forecast: Breakup by Country (USD Billion), 2021-2026
10.    Europe Perfume Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    Europe Perfume Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Asia Pacific Perfume Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Asia Pacific Perfume Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Latin America Perfume Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Latin America Perfume Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Middle East and Africa Perfume Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Middle East and Africa Perfume Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Global Perfume Market Structure

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