Fragrances and perfumes play a vital role in personal care industry. Perfumers have their own unique way of creating a fragrance. It is considered that these products are used to express personal elegance, self-reliance, and individuality. The ingredients for perfumes come from a number of sources, both natural and synthetic. Flowers and blossoms are the most common source, such as jasmine, rose and tuberose, among many others.
Global Fragrance and Perfume Market is accounted for approximately XX USD million in 2018 and is expected to reach XX USD million by 2026 growing at a CAGR of XX% between 2019 and 2026. The market is primarily driven by growing individual expenditure on personal and beauty care products, improving standards of living and increased trend of personal grooming. Moreover, rising adoption of luxury fragrances owing to increasing disposable income is further supporting the market growth. Novel product developments and increased popularity of premium brands is expected to create lucrative opportunities during the forecast period. However, availability of forged products along with presence of chemical compounds with probable side effects is expected to hamper the market growth.
Based on type, the Fragrance and Perfume market has been segmented into perfume, deodorant, roll-on, and others. Furthermore, by application, the Fragrance and Perfume market has been bifurcated into female, men, and unisex perfumes. The xx segment type is expected to value for a major market share with XX% in 2018. However, xx is anticipated to exhibit the largest market share with XX% in 2018.
Geographically, global Fragrance and Perfume market has been segregated into regions including North America, Europe, Asia Pacific, Middle East and Africa and Latin America. Among all, North America leads the global Fragrance and Perfume market with XX% market share in 2018. The growth of the market in this region is primarily driven by increased economy along with presence of large manufacturing base.
The report further offers detailed competitive analysis of the top key players that are trending in the market. The list of the players that are featured in the report are 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. and Calvin Klein Inc.
The Global Fragrance and Perfume Market Segmentation:
Global Fragrance and Perfume Market: Type Analysis
Global Fragrance and Perfume Market: Application Analysis
• Unisex Perfumes
Global Fragrance and Perfume Market: Regional Analysis
• North America (U.S., Canada, Mexico)
• Europe (U.K., France, Germany, Spain, Italy and Rest Of Europe)
• Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
• Latin America (Brazil, Argentina, Colombia and Rest of L.A.)
• Middle East And Africa (Turkey, GCC, UAE and South Africa Rest of Middle East)