Fragrance and Perfume Market Size, Analysis By Growth Rate, Opportunities and Forecast Assessment, 2023-2030

Allied Market Research published a new report, titled, "Fragrance and Perfume Market by Usage (Female, Male, and Unisex), by Type (Perfume, Deodorants, Others), by Distribution Channel (Specialty Retail Stores, Multi-Retail Stores, Online & Others) - Global Opportunity Analysis and Industry Forecast, 2023-2030". The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

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Increase in population coupled with rise in consumer expenditure on personal and beauty care products, growth in awareness about the therapeutic benefits fragrance, and innovative product push strategy by key global players are the major drivers for the global fragrance and perfume market. However, availability of counterfeit products and use of chemical ingredients with probable side-effects are expected to hamper the growth during the forecast period.

The fragrance and perfume market is based on usage, type, distribution channel, and geography. By usage, it comprises female, male, and unisex. Based on type, it is divided into perfume, deodorant, and others. On the basis of distribution channel, the market is segmented into specialty retail stores, multi-retail stores, online, and others. By geography, it is studied across North America, Europe, Asia-Pacific, and LAMEA. As per the analysis, premium fragrances continue to witness trouble to attain increased sales due to high prices, particularly for global brands, whose sales figures are expected to register a CAGR of 5% during the forecast period.

Owing to better growth prospect in the fragrance segment, the market is witnessing new entrants, who may not be the manufacturers but sell products under their brand name and split the profit margin with manufacturer. Some of the major companies operating in the global fragrance market are Coty UK, Procter & Gamble Prestige Beaut, Loreal, LVMH, Givaudan, International Flavors & Fragrances, Estee Lauder Beautiful, Kilian, Firmenich, and Symrisee.

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The lockdown across various countries and ban on international travel has disrupted the supply chain and revenue chain. The report includes a thorough analysis of the Covid-19 pandemic on the growth of the global Fragrance and Perfume market.

Fragrance and Perfume Market Key Benefits for Stakeholders:

○ The research study provides an in-depth analysis of the fragrance and perfume market to elucidate the imminent investment pockets.
○ Current market trends, regional mobile payments market size, and future estimations are outlined to single out profitable areas.
○ The report provides information about key drivers, restraints, and opportunities with a detailed impact analysis.
○ Quantitative market analysis from 2014 to 2022 is provided to understand the financial competency.
○ Porters Five Forces model of mobile payment industry illustrate the potency of the buyers and suppliers.
○ Value chain analysis provides a clear understanding of the roles of stakeholders involved.

Reasons to buy:

• Procure strategically important competitor information, analysis, and insights to formulate effective R&D strategies.
• Recognize emerging players with potentially strong product portfolio and create effective counter-strategies to gain competitive advantage.
• Classify potential new clients or partners in the target demographic.
• Develop tactical initiatives by understanding the focus areas of leading companies.
• Plan mergers and acquisitions meritoriously by identifying Top Manufacturer.
• Develop and design in-licensing and out-licensing strategies by identifying prospective partners with the most attractive projects to enhance and expand business potential and Scope.
• Report will be updated with the latest data and delivered to you within 2-4 working days of order.
• Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.
• Create regional and country strategies on the basis of local data and analysis.

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Some of the Major Highlights of TOC Covers:

CHAPTER 1: INTRODUCTION

1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET LANDSCAPE

3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies

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