Press release
Luxury Perfume Global Market to be Worth US$ 19.5 Billion by 2028 : IMARC Group
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐๐๐ซ๐๐ฎ๐ฆ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ [ ๐๐๐๐-๐๐๐๐ ]
โข Historical Market Size (2022): US$ 11.9 Billion
โข Forecast CAGR (2023-2028): 6.14%
โข Forecast Market Size (2028): US$ 19.5 Billion
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.imarcgroup.com/luxury-perfume-market/requestsample
๐๐ก๐๐ญ ๐๐ซ๐ ๐ญ๐ก๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ฉ๐ซ๐จ๐ฌ๐ฉ๐๐๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐๐๐ซ๐๐ฎ๐ฆ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ?
The global Luxury Perfume market size reached US$ 11.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 16.18 Billion on by 2028, exhibiting a growth rate (CAGR) of 6.14% during 2023-2028.
๐๐จ๐ฏ๐ข๐-๐๐ ๐๐ฆ๐ฉ๐๐๐ญ:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
๐๐ก๐๐ญ ๐ข๐ฌ ๐ ๐๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐๐๐ซ๐๐ฎ๐ฆ๐ ๐๐๐ซ๐ค๐๐ญ?
Luxury perfume refers to a category of perfumes characterized by artistry and originality, with its value lying not only in the fragrance but also in the packaging. These perfumes are exclusively manufactured in sophisticated aromas, with subtle tones and perfect balance.
Luxury perfumes are generally categorized into products tailored for men, women, and unisex. They signify the style and personality of an individual, while a good scent also influences mood, emotions, behavior, perception, thoughts, etc. Luxury perfumes are widely available in online and offline retail stores across the globe.
๐๐ก๐๐ญ ๐๐ซ๐ ๐ญ๐ก๐ ๐ฆ๐๐ฃ๐จ๐ซ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐๐๐ซ๐๐ฎ๐ฆ๐ ๐๐๐ซ๐ค๐๐ญ ?
The escalating brand consciousness and the growing expenditures on high-end personal grooming products are among the key factors stimulating the luxury perfume market. Furthermore, the expanding working women population, the increasing consumer disposable incomes, and the elevating urbanization levels are also bolstering the market growth.
Moreover, the rising influence of celebrity endorsements and the extensive product availability on e-commerce platforms supported by discounted offers, doorstep delivery, faster product launches, etc., are further catalyzing the global market. Additionally, the introduction of innovative perfume variants that adapt to the skin and hydrogen (pH) levels of consumers is also driving the market growth.
Besides this, the emerging trend of gifting exclusive perfumes on special occasions, including festivals, birthdays, anniversaries, etc., is further fueling the global market.
Apart from this, the increasing utilization of numerous marketing strategies by several key players, such as introducing luxury perfumes in smaller packages and bundling them with other items, including deodorants, to expand their consumer base, is also propelling the market growth.
In addition to this, the inflating popularity of sustainable and eco-friendly product variants and the emerging trend of fragrance customization are expected to positively influence the luxury perfume market in the coming years.
๐๐ก๐จ ๐๐ซ๐ ๐ญ๐ก๐ ๐ฅ๐๐๐๐ข๐ง๐ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐๐๐ซ๐๐ฎ๐ฆ๐ ๐๐๐ซ๐ค๐๐ญ ?
Chanel (Chanel Limited)
Clive Christian (Nichebox S.R.L.)
Creed Boutique LLC
Floris London
Gianni Versace S.r.l. (Capri Holdings)
Giorgio Armani S.p.A.
Guccio Gucci S.p.A. (Kering)
Hermรจs International S.A. (H51 SAS)
LVMH Moรซt Hennessy Louis Vuitton
Prada Holding S.P.A.
Ralph Lauren Corporation
and The Estรฉe Lauder Companies Inc.
.
๐๐ฌ๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐ฎ๐ฅ๐ฅ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐ & ๐๐ข๐ฌ๐ญ ๐จ๐ ๐ ๐ข๐ ๐ฎ๐ซ๐:
https://www.imarcgroup.com/luxury-perfume-market
๐๐จ๐ฏ๐ข๐-๐๐ ๐๐ฆ๐ฉ๐๐๐ญ:
The report has been segmented the market into following categories:
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ซ๐ข๐๐:
o $50 - $100
o $100 - $200
o Above $200
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ง๐ ๐๐ฌ๐๐ซ:
o Male
o Female
o Unisex
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ:
o Specialty Stores
o Online Stores
Based on the Distribution Channel , the report finds that the utility sector dominates the market. There are many ongoing development projects undertaken by various nations, which require a continuous flow of electricity. Owing to this, there is a rising demand for power inverters in this sector.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
โข Asia Pacific
โข North America
โข Europe
โข Middle East and Africa
โข Latin America
On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.
๐๐๐ฒ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ:
โข Market Performance (2016-2021)
โข Market Outlook (2022- 2027)
โข Porter's Five Forces Analysis
โข Market Drivers and Success Factors
โข SWOT Analysis
โข Value Chain
โข Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐ญ๐ก๐๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ-
Global eVTOL Aircraft Market Share 2022-2027- https://www.marketwatch.com/press-release/global-evtol-aircraft-market-share-future-opportunities-covied-19-impact-analysis-upcoming-trends-during-2022-2027-imarc-group-2022-12-19
Mobile Crushers and Screeners Market Growth 2022-2027-
https://www.marketwatch.com/press-release/mobile-crushers-and-screeners-market-growth-2022-2027-industry-forecast-size-share-trends-and-growth-2022-10-07
Railroad Market Share 2023-2028- https://www.marketwatch.com/press-release/railroad-market-share-2023-2028-bnsf-railway-company-canadian-national-railway-co-canadian-pacific-railway-limited-imarc-group-2022-12-13
Online Music Streaming Market Share, Size 2022-2027- https://marketmirrorwire.blogspot.com/2022/12/cloud-storage-market-size-to-hit-us.html
Metaverse Market Size 2022-2027- https://www.digitaljournal.com/pr/metaverse-market-size-2022-2027-alibaba-group-holding-limited-decentraland-electronic-arts-inc-report-by-imarc-group
India Wood Plastic Composites Market Report 2022-2028- https://www.digitaljournal.com/pr/india-wood-plastic-composites-market-is-expected-to-grow-at-us-393-5-million-by-2022-2027-imarc-group
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐:
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
๐๐ฏ๐ผ๐๐ ๐จ๐:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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