Press release
Perfume Market to Reach US$ 47.6 Billion by 2027, Exhibiting a CAGR of 6.1%
Perfume Market
Perfumes are sweet-smelling odor-producing mixtures that are made of scented oils and aromatic chemicals extracted from various natural sources, including flowers, spices, balsams, and plant roots. During their production procedure, various ingredients, such as water, alcohol, solvents, fixatives and synthetically modified chemicals, are further added to maintain the fragrance structure and allow diffusion of components.
Perfumes help increase self-competence and mood, relieve anxiety, alter emotions or perceptions, and improve overall personality and appearance. As a result, it is widely utilized by consumers while attending diverse events to increase self-appeal.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/perfume-manufacturing-plant/requestsample
Note: 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.
๐๐๐ซ๐๐ฎ๐ฆ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The growing need for various premium personal care products for grooming purposes and the increasing consumer consciousness regarding their presentability in events, meetings, social gatherings, and workforce atmosphere are primarily driving the market growth. This is further influenced by the rising consumer expenditure on luxury perfumes on account of inflating income levels and improving standards of living.
Additionally, the ongoing customization of the product and the introduction of touchless artificial intelligence (AI)-based perfume applications in diverse scent options are favoring the market growth. Moreover, rapid urbanization, and the shifting consumer inclination toward online shopping platforms, such as e-commerce, especially during the COVID-19 pandemic due to easy product availability, discounts, and promotions, are supplementing product sales across the globe.
Besides this, aggressive advertisements, continuous celebrity endorsements, and strategic collaborations amongst key players to design natural ingredient-infused unisex fragrances with attractive packaging solutions are propelling the market growth.
๐๐ฎ๐ฒ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.imarcgroup.com/checkout?id=631&method=1
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
The competitive landscape of the market has also been examined with some of the key players.
โข Avon Products Inc.
โข Natura Cosmรฉticos SA
โข Chanel SA
โข Coty Inc.
โข LVMH
โข L'Orรฉal SA.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
The report has categorized the market based on perfume type, category and distribution channel.
Breakup by Perfume Type:
โข Premium Perfume Products
โข Mass Perfume Products
Breakup by Category:
โข Female Fragrances
โข Male Fragrances
โข Unisex Fragrances
Breakup by Distribution Channel:
โข Speciality stores
โข Departmental stores
โข Online stores
โข Hypermarkets & supermarkets
โข Others
Regional Insights:
โข Brazil
โข United States
โข Germany
โข France
โข Russia
๐๐ฌ๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ฎ๐ฅ๐ฅ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐ & ๐๐ข๐ฌ๐ญ ๐จ๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ: https://www.imarcgroup.com/request?type=report&id=631&flag=C
๐๐๐ฒ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ:
โข Market Performance (2016-2021)
โข Market Outlook (2022-2027)
โข Market Trends
โข Market Drivers and Success Factors
โข Impact of COVID-19
โข Value Chain Analysis
โข Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ:
Bath and Shower Products Market: https://www.imarcgroup.com/bath-shower-products-market
Secondhand Luxury Goods Market: https://www.imarcgroup.com/secondhand-luxury-goods-market
Home Decor Market: https://www.imarcgroup.com/home-decorative-materials-market
Pet Food Market: https://www.imarcgroup.com/pet-food-market
Europe Footwear Market: https://www.imarcgroup.com/europe-footwear-market
Contact Us:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA
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
About Us:
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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