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Perfume Market Industry Trends Research Report By 2027 | Size & Growth Forecast

03-22-2023 12:29 PM CET | Fashion, Lifestyle, Trends

Press release from: IMARC Group

Perfume Market

Perfume Market

According to IMARC Group's latest report, titled "๐๐ž๐ซ๐Ÿ๐ฎ๐ฆ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐†๐ฅ๐จ๐›๐š๐ฅ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ, ๐’๐ก๐š๐ซ๐ž, ๐’๐ข๐ณ๐ž, ๐†๐ซ๐จ๐ฐ๐ญ๐ก, ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ•", the global perfume market size reached US$ 33.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 47.6 Billion by 2027, exhibiting a growth rate (CAGR) of 6.1% during 2022-2027.

Perfume is a fragrant liquid created by blending essential oils or aroma compounds with alcohol, fixatives, and solvents. The process involves carefully selecting and blending natural or synthetic fragrance materials with essential oils extracted from various natural sources, such as flowers, leaves, bark, roots, fruits, resins, gums, and spices. It offers several benefits, such as enhancing self-confidence, uplifting one's mood, and providing therapeutic effects. Currently, the commonly available product variants include eau de cologne, eau de toilette, and eau de parfum.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐š ๐…๐ซ๐ž๐ž ๐๐ƒ๐… ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐†๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐Ÿ๐ฎ๐ฅ ๐ƒ๐š๐ญ๐š:
https://www.imarcgroup.com/perfume-manufacturing-plant/requestsample

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

Perfume Market Trends:

The global perfume market is witnessing significant growth, driven by the rising trend of personal grooming and the increasing demand for unique and exotic fragrances. Additionally, the surging need for premium perfume due to the rising consumer expenditure power is contributing to the market growth. This is further bolstered by easy product availability through online retail stores and the advent of lighter-scented product variants. In line with this, leading market players are adopting aggressive advertising techniques and investing in advanced technology to promote their brand awareness and increase their product portfolio, which, in turn, is accelerating the market growth. The market is also benefiting from the burgeoning demand for natural and organic perfumes, extensive research and development (R&D) activities, and the surging popularity of personalized fragrances.

Explore full report with TOC & List of Figures: https://www.imarcgroup.com/perfume-manufacturing-plant

Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

Competitive Landscape with Key Players:

The competitive landscape of the market has also been examined with some of the key players.

โ€ข Avon Products Inc.
โ€ข Natura Cosmรฉticos SA
โ€ข Chanel SA
โ€ข Coty Inc.
โ€ข LVMH
โ€ข L'Orรฉal SA.

Key Market Segmentation:

The report has categorized the market based on perfume type, category and distribution channel.

Breakup by Perfume Type:
โ€ข Premium Perfume Products
โ€ข Mass Perfume Products

Breakup by Category:
โ€ข Female Fragrances
โ€ข Male Fragrances
โ€ข Unisex Fragrances

Breakup by Distribution Channel:
โ€ข Speciality stores
โ€ข Departmental stores
โ€ข Online stores
โ€ข Hypermarkets & supermarkets
โ€ข Others

Regional Insights:
โ€ข Brazil
โ€ข United States
โ€ข Germany
โ€ข France
โ€ข Russia

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐…๐จ๐ซ ๐Ÿ๐ŸŽ% ๐…๐ซ๐ž๐ž ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.imarcgroup.com/request?type=report&id=631&flag=C

Key highlights of the report:

โ€ข Market Performance (2016-2021)
โ€ข Market Outlook (2022-2027)
โ€ข Market Trends
โ€ข Market Drivers and Success Factors
โ€ข Impact of COVID-19
โ€ข Value Chain Analysis
โ€ข 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.

Related Reports by IMARC Group:

Bath and Shower Products Market: https://bit.ly/3tt3Yp6
Baseball Equipment Market: https://bit.ly/3tt1Dus
Herbal Supplements Market: https://bit.ly/3O2atIM
Secondhand Luxury Goods Market: https://bit.ly/3EwCKUZ
Home Decor Market: https://bit.ly/2P6Tjxu

Media Contact:

Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com/

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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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