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Global Perfume Market Share, Size, Growth, Analysis: By Type: Parfum, Eau De Cologne (EDC), Eau De Parfum (EDP), Eau De Toilette (EDT), Others; By Product: Premium Product, Mass Product; By End-User: Men, Women; By Distribution Channel; Regional Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2023-2028

Global Perfume Market Outlook

The global perfume market reached a value of around USD 45.9 billion in 2022 and is expected to grow at a CAGR of 5.5% in the forecast period of between 2023 and 2028.

 

Global Perfume Market

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

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 they are long-lasting, unique, and comes with innovative fragrances. Further, the usage of perfumes helps enhance personal style and presentability. It also has the ability to impact moods and countenance of people. The market has witnessed steady growth in the historical period owing to the growing demand for luxury scents, which can be attributed to the heightened living standards of people, along with the growing awareness about personal hygiene. The market is further being expanded by the customisation solutions offered by the large brands, which enables a wider clientele base by allowing personalisation. Lauder’s Jo Malone is one such brand which adopted such trend to expand its reach.

 

Moreover, the increasing expenditure by women on cosmetics and personal well-being has also contributed to the market expansion of perfumes. The increasing participation of women in the workforce is further expected to motivate them to apply premium personal care products to uplift their overall presentability and leave a lasting impression in important meetings and gatherings.

 

Market Segmentation

Perfume is defined as a fluid preparation of natural or synthetic essences that is used for fragrance. The application of perfume is an indicator of personal style and preferences, and is mainly used to enhance the overall presentability of an individual. 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 by Perfume Type

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The market on the basis of type is segmented into:

  • Parfum
  • Eau De Cologne (EDC)
  • Eau De Parfum (EDP)
  • Eau De Toilette (EDT)
  • Others

 

Based on product, the market is bifurcated into:

  • Premium Product
  • Mass Product

 

On the basis of end-user, the market is divided into:

  • Men
  • Women

 

The market on the basis of distribution channel is divided into:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Speciality Stores
  • Online

 

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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Rising Awareness Regarding Personal Care to Boost the Market Growth of Perfume

The global market for perfume is being driven by the thriving beauty and fashion industry and the increasing awareness among consumers about personal well-being and grooming. The usage of perfumes to improve the natural body odour and keep off the unpleasant body odour is an important factor propelling the market growth of perfumes. The growing inclination of both men and women towards beauty and personal care is further expected to provide an impetus to the market growth. Additionally, the diversification of fragrances and the rising popularity of existing products among youth is further predicted to 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 in the years to come.

 

Key Players in the Global Perfume Market

The report presents a detailed analysis of the following key players in the global perfume market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

 

  • LVMH Moët Hennessy - Louis Vuitton
  • The Estée Lauder Companies Inc
  • L'Oréal S.A.
  • Shiseido Co.,Ltd.
  • Beiersdorf AG
  • Amorepacific Corporation
  • Calvin Klein Inc.
  • Guccio Gucci S.p.A.
  • Giorgio Armani S.p.A.
  • Coty Inc.
  • Yardley London
  • Revlon Consumer Products Corporation
  • Others

 

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Product
  • End-User
  • Distribution Channel
  • Region
Breakup by Type
  • Parfum
  • Eau De Cologne (EDC)
  • Eau De Parfum (EDP)
  • Eau De Toilette (EDT)
  • Others
Breakup by Product
  • Premium Product
  • Mass Product
Breakup by End-User
  • Men
  • Women
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Trade Data Analysis
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • LVMH Moët Hennessy - Louis Vuitton
  • The Estée Lauder Companies Inc
  • L'Oréal S.A.
  • Shiseido Co.,Ltd.
  • Beiersdorf AG
  • Amorepacific Corporation
  • Calvin Klein Inc.
  • Guccio Gucci S.p.A.
  • Giorgio Armani S.p.A.
  • Coty Inc.
  • Yardley London
  • Revlon Consumer Products Corporation
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Perfume Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Perfume Historical Market (2018-2022) 
    8.3    Global Perfume Market Forecast (2023-2028)
    8.4    Global Perfume Market by Type
        8.4.1    Parfum
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022) 
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Eau De Cologne (EDC)
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022) 
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Eau De Parfum (EDP)
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022) 
            8.4.3.3    Forecast Trend (2023-2028)
        8.4.4    Eau De Toilette (EDT)
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2018-2022) 
            8.4.4.3    Forecast Trend (2023-2028)
        8.4.5    Others
    8.5    Global Perfume Market by Product 
        8.5.1    Premium Product
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022) 
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Mass Product
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022) 
            8.5.2.3    Forecast Trend (2023-2028)
    8.6    Global Perfume Market by End-User
        8.6.1    Men
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022) 
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Women
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022) 
            8.6.2.3    Forecast Trend (2023-2028)
    8.7    Global Perfume Market by Distribution Channel 
        8.7.1    Supermarkets and Hypermarkets
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022) 
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Convenience Stores
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022) 
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Specialty Stores
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022) 
            8.7.3.3    Forecast Trend (2023-2028)
        8.7.4    Online
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2022) 
            8.7.4.3    Forecast Trend (2023-2028)
    8.8    Global Perfume Market by Region 
        8.8.1    North America
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2018-2022) 
            8.8.1.3    Forecast Trend (2023-2028)
        8.8.2    Europe
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2018-2022) 
            8.8.2.3    Forecast Trend (2023-2028)
        8.8.3    Asia Pacific
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2018-2022) 
            8.8.3.3    Forecast Trend (2023-2028)
        8.8.4    Latin America
            8.8.4.1    Market Share
            8.8.4.2    Historical Trend (2018-2022) 
            8.8.4.3    Forecast Trend (2023-2028)
        8.8.5    Middle East and Africa
            8.8.5.1    Market Share
            8.8.5.2    Historical Trend (2018-2022) 
            8.8.5.3    Forecast Trend (2023-2028)
9    North America Perfume Market Analysis
    9.1    Market by Product
    9.2    Market by End User
    9.3    Market by Distribution Channel
    9.4    Market by Country
        9.4.1    United States of America 
            9.4.1.1    Market Share
            9.4.1.2    Historical Trend (2018-2022) 
            9.4.1.3    Forecast Trend (2023-2028)
        9.4.2    Canada
            9.4.2.1    Market Share
            9.4.2.2    Historical Trend (2018-2022) 
            9.4.2.3    Forecast Trend (2023-2028)
10    Europe Perfume Market Analysis
    10.1    Market by Product
    10.2    Market by End User
    10.3    Market by Distribution Channel
    10.4    Market by Country
        10.4.1    United Kingdom
            10.4.1.1    Market Share
            10.4.1.2    Historical Trend (2018-2022) 
            10.4.1.3    Forecast Trend (2023-2028)
        10.4.2    Germany
            10.4.2.1    Market Share
            10.4.2.2    Historical Trend (2018-2022) 
            10.4.2.3    Forecast Trend (2023-2028)
        10.4.3    France
            10.4.3.1    Market Share
            10.4.3.2    Historical Trend (2018-2022) 
            10.4.3.3    Forecast Trend (2023-2028)
        10.4.4    Italy
            10.4.4.1    Market Share
            10.4.4.2    Historical Trend (2018-2022) 
            10.4.4.3    Forecast Trend (2023-2028)
        10.4.5    Others
11    Asia Pacific Perfume Market Analysis
    11.1    Market by Product
    11.2    Market by End User
    11.3    Market by Distribution Channel
    11.4    Market by Country
        11.4.1    China
            11.4.1.1    Market Share
            11.4.1.2    Historical Trend (2018-2022) 
            11.4.1.3    Forecast Trend (2023-2028)
        11.4.2    Japan
            11.4.2.1    Market Share
            11.4.2.2    Historical Trend (2018-2022) 
            11.4.2.3    Forecast Trend (2023-2028)
        11.4.3    India
            11.4.3.1    Market Share
            11.4.3.2    Historical Trend (2018-2022) 
            11.4.3.3    Forecast Trend (2023-2028)
        11.4.4    ASEAN
            11.4.4.1    Market Share
            11.4.4.2    Historical Trend (2018-2022) 
            11.4.4.3    Forecast Trend (2023-2028)
        11.4.5    South Korea
            11.4.5.1    Market Share
            11.4.5.2    Historical Trend (2018-2022) 
            11.4.5.3    Forecast Trend (2023-2028)
        11.4.6    Australia
            11.4.6.1    Market Share
            11.4.6.2    Historical Trend (2018-2022) 
            11.4.6.3    Forecast Trend (2023-2028)
        11.4.7    Others
12    Latin America Perfume Market Analysis
    12.1    Market by Product
    12.2    Market by End User
    12.3    Market by Distribution Channel
    12.4    Market by Country
        12.4.1    Brazil
            12.4.1.1    Market Share
            12.4.1.2    Historical Trend (2018-2022) 
            12.4.1.3    Forecast Trend (2023-2028)
        12.4.2    Argentina
            12.4.2.1    Market Share
            12.4.2.2    Historical Trend (2018-2022) 
            12.4.2.3    Forecast Trend (2023-2028)
        12.4.3    Mexico
            12.4.3.1    Market Share
            12.4.3.2    Historical Trend (2018-2022) 
            12.4.3.3    Forecast Trend (2023-2028)
        12.4.4    Others
13    Middle East and Africa Perfume Market Analysis
    13.1    Market by Product
    13.2    Market by End User
    13.3    Market by Distribution Channel
    13.4    Market by Country
        13.4.1    Saudi Arabia
            13.4.1.1    Market Share
            13.4.1.2    Historical Trend (2018-2022) 
            13.4.1.3    Forecast Trend (2023-2028)
        13.4.2    United Arab Emirates
            13.4.2.1    Market Share
            13.4.2.2    Historical Trend (2018-2022) 
            13.4.2.3    Forecast Trend (2023-2028)
        13.4.3    Nigeria
            13.4.3.1    Market Share
            13.4.3.2    Historical Trend (2018-2022) 
            13.4.3.3    Forecast Trend (2023-2028)
        13.4.4    South Africa
            13.4.4.1    Market Share
            13.4.4.2    Historical Trend (2018-2022) 
            13.4.4.3    Forecast Trend (2023-2028)
        13.4.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Trade Data Analysis
    15.1    Major Exporting Countries 
        15.1.1    By Value
        15.1.2    By Volume
    15.2    Major Exporting Countries 
        15.2.1    By Value
        15.2.2    By Volume
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    LVMH Moët Hennessy - Louis Vuitton
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    The Estée Lauder Companies Inc
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    L'Oréal S.A.
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Shiseido Co.,Ltd.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Beiersdorf AG
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Amorepacific Corporation
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Calvin Klein Inc.
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Guccio Gucci S.p.A.
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
        16.2.9    Giorgio Armani S.p.A. 
            16.2.9.1    Company Overview
            16.2.9.2    Product Portfolio
            16.2.9.3    Demographic Reach and Achievements
            16.2.9.4    Certifications
        16.2.10    Coty Inc.
            16.2.10.1    Company Overview
            16.2.10.2    Product Portfolio
            16.2.10.3    Demographic Reach and Achievements
            16.2.10.4    Certifications
        16.2.11    Yardley London
            16.2.11.1    Company Overview
            16.2.11.2    Product Portfolio
            16.2.11.3    Demographic Reach and Achievements
            16.2.11.4    Certifications
        16.2.12    Revlon Consumer Products Corporation
            16.2.12.1    Company Overview
            16.2.12.2    Product Portfolio
            16.2.12.3    Demographic Reach and Achievements
            16.2.12.4    Certifications
        16.2.13    Others
17    Key Trends and Developments in the Market
 

List of Key Figures and Tables

1.    Global Perfume Market: Key Industry Highlights, 2018 and 2028
2.    Global Perfume Historical Market: Breakup by Type (USD Million), 2018-2022
3.    Global Perfume Market Forecast: Breakup by Type (USD Million), 2023-2028
4.    Global Perfume Historical Market: Breakup by Product (USD Million), 2018-2022
5.    Global Perfume Market Forecast: Breakup by Product (USD Million), 2023-2028
6.    Global Perfume Historical Market: Breakup by End User (USD Million), 2018-2022
7.    Global Perfume Market Forecast: Breakup by End User (USD Million), 2023-2028
8.    Global Perfume Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
9.    Global Perfume Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
10.    Global Perfume Historical Market: Breakup by Region (USD Million), 2018-2022
11.    Global Perfume Market Forecast: Breakup by Region (USD Million), 2023-2028
12.    North America Perfume Historical Market: Breakup by Country (USD Million), 2018-2022
13.    North America Perfume Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Europe Perfume Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Europe Perfume Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Asia Pacific Perfume Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Asia Pacific Perfume Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Latin America Perfume Historical Market: Breakup by Country (USD Million), 2018-2022
19.    Latin America Perfume Market Forecast: Breakup by Country (USD Million), 2023-2028
20.    Middle East and Africa Perfume Historical Market: Breakup by Country (USD Million), 2018-2022
21.    Middle East and Africa Perfume Market Forecast: Breakup by Country (USD Million), 2023-2028
22.    Major Exporting Countries by Value
23.    Major Importing Countries by Value
24.    Major Exporting Countries by Volume
25.    Major Importing Countries by Volume
26.    Global Perfume Market Structure

Key Questions Answered in the Report

In 2022, the global perfume market attained a value of nearly USD 45.9 billion.

The market is projected to grow at a CAGR of 5.5% between 2023 and 2028.

The major drivers of the industry, such as the growing trend towards consumer urbanisation, higher spending incomes, and the increasing importance on personal appearance and grooming in the industry, are expected to aid the industry growth.

The rising preference for customised perfume options is expected to define the market growth in the coming years.

North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific are the other major regions in the industry.

The leading products in the market are premium products and mass products.

The market on the basis of type is segmented into parfum, Eau De Cologne (EDC), Eau De Parfum (EDP), and Eau De Toilette (EDT), among others.

The significant end-user segments in the market are men and women.

The different distribution channels in the market are supermarkets and hypermarkets, convenience stores, and speciality stores, and online.

The major players in the market are LVMH Moët Hennessy - Louis Vuitton, The Estée Lauder Companies Inc, L'Oréal S.A., Shiseido Co.,Ltd., Beiersdorf AG, Amorepacific Corporation, Calvin Klein Inc., Guccio Gucci S.p.A., Giorgio Armani S.p.A., Coty Inc., Yardley London, and Revlon Consumer Products Corporation, among others.

Analyst Review

The global perfume market attained a value of USD 45.9 billion in 2022, driven by the growing trend towards consumer urbanisation. Aided by the increasing importance on personal appearance and grooming, the industry is projected to further grow in the forecast period of 2023-2028, growing at a CAGR of 5.5%.

 

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The market on the basis of type is segmented into parfum, Eau De Cologne (EDC), Eau De Parfum (EDP), and Eau De Toilette (EDT), among others. On the basis of product, the industry is divided into premium products and mass products. The significant end-user segments in the market are men and women. The market on the basis of distribution channel is divided into supermarkets and hypermarkets, convenience stores, and speciality stores, and online. The major regional markets for perfume are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific. The key players in the above industry include LVMH Moët Hennessy - Louis Vuitton, The Estée Lauder Companies Inc, L'Oréal S.A., Shiseido Co., Ltd., Beiersdorf AG, Amorepacific Corporation, Calvin Klein Inc., Guccio Gucci S.p.A., Giorgio Armani S.p.A., Coty Inc., Yardley London, and Revlon Consumer Products Corporation, among others.

 

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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