Overview of Global Luxury Perfume Market to grow at a CAGR of 8.33% during 2017-2021

Perfume is a combination of various essential oils, fixatives, solvents, and aromatic compounds that contribute to a pleasant scent. Perfumes are more concentrated than any other kind of fragrance. They are thicker and expensive enough to be called luxury items. The composition of the perfume is constituted by around 15%-40% essence. The luxury perfume market involves all the high-end premium brands available for customers.

The global luxury perfume market to grow at a CAGR of 8.33% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global luxury perfume market for 2017-2021. To calculate the market size, the report considers the segmentation by end-user and distribution and geographical segmentation market.

The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
- ROW

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Technavio's report, Global Luxury Perfume Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Chanel
- Este Lauder
- Guccio Gucci
- Herms
- Ralph Lauren

Other prominent vendors
- Annick Goutal
- Baccarat
- Clive Christian
- Dior
- DKNY
- JAR
- Jean Patou

Market driver
- Increase in demand from millennial population
- For a full, detailed list, view our report

Market challenge
- Competition from products which are available at affordable prices
- For a full, detailed list, view our report

View Complete TOC with Tables and Figures at: https://www.researchmoz.us/global-luxury-perfume-market-2017-2021-report.html/toc

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

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