Global Perfume Market Research and Upcoming Forecast Report
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Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group
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Report Description and Highlights Report Description Perfume Market Outlook 2026:
According to the latest report by IMARC Group, titled "Perfume Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global perfume market reached a value of US$ 32.8 Billion in 2020. Perfumes refer to the combination of essential oils and aroma compounds that attribute a pleasant fragrance to the user. They are used by both men and women to signify their style, personality and individuality. They can also be utilized as a stimulant to influence the mood, emotions and thoughts of the individual while inducing relaxation. These products are largely obtained from natural sources that include the flowers, leaves, bark, fruits, balsams, roots, resins and seeds of various aromatic plants, such as sandalwood, rose and cinnamon. They can also be prepared using animal secretions, including musk, ambergris, castoreum, civet, hyraceum, and honeycomb. Several synthetic ingredients, such as alcohol and water, are also added to the aroma compounds. Request for a PDF sample of this report: https:// www.imarcgroup.com/perfume-manufacturing-plant/requestsample
Report Description and Highlights
Report Description Global Perfume Market Trends:
The global market is primarily driven by the rising trend of personal grooming among the majority of the population. This is further supported by rapid urbanization and the shifting lifestyle preferences of the masses. Moreover, there has been a growing demand for exotic and youth-oriented fragrances. This, along with the expansion of organized retail and e-commerce platforms across the globe, is providing a boost to the market growth. The market is further driven by the shifting preference toward luxury fragrances and perfumes, facilitated by inflating disposable income levels of the consumers. The trend of personalized perfumes is expected to gain prominence among the masses. These personalized variants allow the consumers to fashion their perfumes by combining multiple aromas, spices and essential oils from a vast assortment of fragrances. Manufacturers are also continually investing in the development of innovative packaging solutions to offer convenience to the users. As a result, they have introduced rollerballs and mini spray bottles that are facilitating the uptake of these products. Looking forward, the market is expected to grow at a CAGR of 6.15% during 2021-2026.
Report Description and Highlights
Report Description Key Market Segmentation: Breakup by Perfume Type: •Premium Perfume Products •Mass Perfume Products
Breakup by Category: •Female Fragrances •Male Fragrances •Unisex Fragrances
Breakup by Distribution Channel: •Speciality stores •Departmental stores •Online stores •Hypermarkets & supermarkets •Others
Report Description and Highlights
Report Description Regional Insights: •Brazil •United States •Germany •France •Russia
Competitive Landscape: •Avon Products Inc •Natura Cosméticos SA •Chanel SA •Coty Inc. •LVMH •L'Oréal SA.
Note: We are updating our research report 2021-2026. If you want to need latest primary and secondary data with Cost Module, Business Strategy, Distribution Channel, etc View Report TOC, Figures and Tables: https://www.imarcgroup.com/perfume-manufacturing-plant
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Report Description and Highlights
Report Description
© 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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