Saudi Arabia Perfume Market Demand, Industry Size, Share, Top Companies Analysis and Forecast 2023-2028

IMARC Group, a leading market research company, has recently released a report titled "Saudi Arabia Perfume Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the Saudi Arabia perfume market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How big is the Saudi Arabia perfume market?

The Saudi Arabia perfume market size reached US$ 1.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.69% during 2023-2028.

What is perfume?

Perfume refers to fragrant liquids that are made from a mixture of essential oils, aroma compounds, alcohol, and water. They are available in premium, mass, male, female, and unisex variants. Some of the common natural ingredients used in these perfume products include wood, flowers, spices, grasses, resins, fruits, leaves, roots, balsams, animal secretion, etc. They provide a pleasant smell to the body and have become an indispensable part of day-to-day life as they signify individuality and personality and impart a positive influence on mood, behavior, emotions, perception, and human thoughts. Consequently, perfume items are in widespread demand across Saudi Arabia.

Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/saudi-arabia-perfume-market/requestsample

What are the growth prospects and trends in the Saudi Arabia perfume industry?

The increasing consumer focus on personal grooming and the shifting preferences toward premium and luxury personal care items are among the key factors driving the Saudi Arabia perfume market. Additionally, the rising expenditure in research and development (R&D) activities by leading manufacturers to diversify their product portfolio for effectively catering to various consumer needs is acting as another significant growth-inducing factor. In line with this, the emerging trend among major fragrance companies of providing fragrance consultations to shoppers to offer customized products is also positively influencing the market across the country.

Moreover, the inflating investments in advertising and promotional campaigns on social media and other online platforms to enhance brand recognition among the target customers are further augmenting the market growth. Apart from this, the launch of new products that do not contain allergens and toxins and the growing product availability through multiple e-commerce platforms are anticipated to bolster the Saudi Arabia perfume market over the forecasted period.

Who are the key players operating in the industry?

The report covers the major market players including: 

Perfume Key Companies in KSA:

• Abdul Samad Al Qurashi
• Ahmed Al Maghribi Perfumes
• Ajmal Perfumes
• Arabian Oud
• Rasasi Perfume Industry LLC
• Rashat
• Swiss Arabian Perfumes Group

Read Full Blog: https://www.imarcgroup.com/top-perfume-companies-saudi-arabia

Saudi Arabia Perfume Market Segmentation:

The report has segmented the market into the following categories:

Breakup by Price:

• Premium Products
• Mass Products

Breakup by Gender:

• Male
• Female
• Unisex

Breakup by Product:

• Arabic
• French
• Others

Explore Full Report Description At: https://www.imarcgroup.com/saudi-arabia-perfume-market

Key Questions Answered in This Report

1. What was the size of the Saudi Arabia perfume market in 2022?

2. What is the expected growth rate of the Saudi Arabia perfume market during 2023-2028?

3. What has been the impact of COVID-19 on the Saudi Arabia perfume market?

4. What are the key factors driving the Saudi Arabia perfume market?

5. What is the breakup of the Saudi Arabia perfume market based on the price?

6. What is the breakup of the Saudi Arabia perfume market based on the gender?

7. What is the breakup of the Saudi Arabia perfume market based on the product?

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• 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.

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This release was published on openPR.