Press release
Perfume Market Emerging Trends, Global Demand and Sales 2021 to 2027
The report presents an in-depth assessment of the Perfume Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents SWOT Analysis and forecast for Perfume investments. The final report copy provides the impact analysis of novel COVID-19 pandemic on the Perfume market as well as variation during the forecast period from 2021 till 2027The global Perfume market is valued at 33560 million US$ in 2020 is expected to reach 59770 million US$ by the end of 2026, growing at a CAGR of 8.5% during 2021-2026.
Top Companies in the global Perfume market are Loreal, Coty, CHANEL, AVON, LVMH, Este Lauder, Puig, Procter & Gamble, Elizabeth Arden, Interparfums, Shiseido, Amore Pacific, Salvatore Ferragamo, ICR Spa, Jahwa, Saint Melin
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Segment by Type
Parfum
Eau de Parfum
Eau de Toilette
Eau de Cologne
Eau Fraiche
Segment by Application
Men's Perfume
Women's Perfume
Others
In 2017, L’Oreal had spent around USD 9.2 billion on various advertisement and promotional activities, which recorded an increase of 4.9% from 2014 to 2017. These factors have been aiding the companies to understand their product performance and develop products to meet customer needs, thereby contributing to the growth of the global market.
Premium perfumes accounted for the largest share of more than 65.0% in 2018. The growth has surpassed that of mass fragrance products in the last few years owing to a greater emphasis on quality, personalization, and exclusivity. Premium perfumes are expected to expand at the fastest CAGR of 3.9% from 2019 to 2025 owing to the growing preference for unique, handcrafted, and exotic fragrances.
Regional Analysis:
Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)
Browse the report description:
https://www.marketinsightsreports.com/reports/06223007567/global-perfume-market-growth-2021-2026?Mode=70
Highlights of Perfume Market:
-The report provides a detailed analysis of current and future market trends to identify the investment opportunities of the Market.
-Key Perfume market trends across the business segments, regions and countries
-Key developments and strategies observed in the market
-In-depth company profiles of key players and upcoming prominent players
-Key market dynamics such as drivers, restraints, opportunities and other trends
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Perfume Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Perfume Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
Free customization of the report: This report can be further customized according to the client’s specific requirements. No additional charges will be added for limited additional research.
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Irfan Tamboli (Head of Sales)
Market Insights Reports
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sales@marketinsightsreports.com
irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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