Press release
North America Perfume Market Trends 2023, Segmented by Perfume Type, Category, Distribution Channel and Country till 2028
North America Perfume Market Trends 2023
Market Size, CAGR and Forecast: 2023-2028
The North America perfume market size reached US$ 6.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.7 Billion by 2028, exhibiting a growth rate (CAGR) of 3.12% during 2023-2028.
Report Sample: https://www.imarcgroup.com/north-america-perfume-market/requestsample
Market Overview:
Perfume refers to substances, preparations, or extracts that defuse odor and impart an agreeable or attractive smell. It is available in various product categories, including male, female, unisex, premium, mass, etc.
Perfume products are produced using aroma compounds, essential oils, alcohol, and water. They give a pleasant smell to an individual's body, induce freshness, and have a mood-enhancing effect. Perfume liquids even help to signify a person's personality, style, and individuality. Consequently, they are extensively utilized by consumers across North America.
Market Trends and Growth Drivers:
The rising consumer spending on beauty and personal care items, owing to the growing consciousness about self-grooming, is among the key factors driving the North America perfume market. Additionally, the shifting preferences toward fragrances as opposed to a single signature scent and the elevating focus among leading manufacturers on product diversification and premiumization to improve their product portfolio and cater to the multiple need of their customers are acting as significant growth-inducing factors.
Apart from this, the inflating investments by several manufacturers on product promotion campaigns through social media, digital marketing, and celebrity endorsements for creating brand awareness among the masses are further stimulating the market across the region. Moreover, the launch of numerous perfumes in on-the-go packaging that are convenient to carry and the expanding product availability on online retail platforms are also positively influencing the regional market.
Besides this, the increasing demand for natural and value-added products devoid of synthetic ingredients, toxins, and allergens is expected to fuel the North America perfume market in the coming years.
Key Market Segmentation:
The report has segmented the market into the following categories
Breakup by Perfume Type:
• Premium Perfume Products
• Mass Perfume Products
Breakup by Category:
• Female Fragrances
• Male Fragrances
• Unisex Fragrances
Breakup by Distribution Channel:
• Supermarkets and Hypermarkets
• Specialty Retailers
• Online Stores
• Others
Breakup by Country:
• United States
• Canada
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=1767&flag=C
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.
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
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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.
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.
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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