Press release
Evolving Market Trends In The Perfumes Industry: Consumer Preference Shifts Towards Natural Fragrances In The Perfume Market
Perfumes Market
What Is the Expected Perfumes Market Size During the Forecast Period?
The market size for perfumes has experienced swift growth over the past few years. Projections suggest an increase from $96.33 billion in 2024 to $110.71 billion in 2025, reflecting a compound annual growth rate (CAGR) of 14.9%. The expansion during the historical period is linked to assertive marketing and advertising efforts, robust economic progression in burgeoning markets, and an increase in expendable income.
Explosive expansion is forecasted for the perfumes market size in the coming years, with projections indicating a climb to $187.74 billion by 2029 at a compound annual growth rate (CAGR) of 14.1%. The increase predicted within the forecast period is largely down to global population expansion, urbanization, and the swift rise of e-commerce. Key trends to watch in the forecast period encompass the advancing of new technologies, the application of artificial intelligence in perfume creation, the introduction of fresh products, a focus on heightened merger & acquisition activity, and the crafting of bespoke fragrances.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2651
What Are the High-Growth Segments in the Perfumes Market?
The perfumes market covered in this report is segmented -
1) By Product: Mass, Premium
2) By Distribution Channel: Offline, Online
3) By End-User Sex: Women, Men, Unisex
Subsegments:
1) By Mass: Designer Mass Fragrances, Celebrity-Endorsed Mass Fragrances, Drugstore and Value Brand Fragrances
2) By Premium: Luxury Fragrances, Niche and Artisan Fragrances, High-End Designer Fragrances
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2651&type=smp
What Key Drivers Are Expected to Influence Future Perfumes Market Growth?
The perfume market is anticipated to be fuelled by the rapid increase in the millennial population. Cosmetics are widely purchased by young individuals to enhance their appearance and lifestyle, more so than by older generations. A survey conducted by ESW global voices revealed that over one-fourth of millennials intend to increase their online spending in areas such as health and beauty, luxury, clothing and footwear, and consumer electronics by 2023. By 2025, it is forecasted that millennials will make up nearly 75% of the global workforce. Given that millennials will constitute a significant portion of the global workforce and will considerably impact the current economy, their purchasing patterns and preferences will serve as a significant driving force for the perfume market.
Which Companies Hold the Largest Share Across Different Perfumes Market Segments?
Major companies operating in the perfumes market include LVMH, Givaudan, Shiseido Co. Ltd., Avon Products Inc., L'oréal S.A, PUIG, Revlon Inc., PVH Corp., Elizabeth Arden Inc., Hermes International, Kanha Nature Oils, CKC Fragrances, Deon Pro Corporation, Flavaroma, Ningbo Equator Import & Export Co., Ltd., Guangzhou Phero Perfume Co., Ltd., Shandong Yingyang Flavors & Fragrances Co. Ltd, Firmenich SA, Kao Chemicals, Robertet Group, Symrise AG, Takasago International Corporation, Famille Grasse Parfums, Dina Cosmetics France, Mikrocaps D.O. O, International Flavors & Fragrances Inc, BASF SE, Eleutere-Parfum. Ltd, ATLANTIC Cosmetics, Tereza-Inter LLC, DANKOFF TRADE COMPANY, VERONA PRODUCTS PROFESSIONAL SP. Z O.O, Independent Distributor Of Fm Group, BINALEX, Fragrances For Perfumes, Gabriella Salvete S.R.O, Paul's Bohemia Trading S.R.O., EB Holdings Inc, Semaj' R-Tistic Dezignz, Flowerbox Perfumery, Global Interlace Corporation, Scentura Creations, Petite Perfumes, AKL Trading LLC, Parmarperfume Inc., Stereoplasm., Pulp Fragrance, Lurker And Strange, Zoologist Perfumes, Libertine Fragrance, Biomara, Perfumes Class, Simran Herrera Hernandez., Roseto Perfumes S.A., Meroar, The Fragrance Group, Aromas M&M, Malbec, Natura Ekos, Hinode (Larru ́S Industria E Comércio De Cosméticos Ltda), Floratta (Grupo Boticário), Natura Humor (Natura & Co, Perfumes Unlimited LLC, AL WARA PERFUMES INDUSTRY LLC, SS GLOBAL FRAGRANCES, AL NOORAN TR. LLC, IYVA INTERNATIONAL, Ajmal, Rasasi, Arabian Oud, Abdul Samad Al Qurashi, The Fragrance Kitchen (TFK), Glowhite Industries Nigeria Limited, Fragrance Bar Studio, Esteem Royale Cosmetics, Doyin Industries Limited, Beneks Manufacturing Nigeria Limited, B. J. Cosmetics. Co. Ltd, Avroy Shlain Cosmetics (Pty) Ltd, Benwood Manufacturing And Packaging Co (Pty) Ltd, Boardman Brothers (Pty) Ltd, Brunational (Pty) Ltd, Conway (Pty) Ltd, Azochem Laboratories (Pty) Ltd, Cape Town Toiletry Company (Pty) Ltd
What Are the Latest Developing Trends in the Perfumes Market?
The perfume market is witnessing a surge in demand for natural aromas. As per the study by Kari Gran, three out of four millennial women are more inclined to purchase products that are naturally derived, with 44% of them specifically opting for perfumes made with natural ingredients. This trend stems from increasing worries about potential allergies and toxic components in synthetic materials. Consequently, perfume manufactures are shifting their focus towards the creation of fragrances using natural elements. For example, IME Natural Perfumes stand out as they are formulated completely with natural elements and have been certified as toxin-free.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/perfumes-global-market-report
What Are the Emerging Geographies for The Perfumes Market Growth?
Asia-Pacific was the largest region in the perfumes market in 2024. Western Europe was the second-largest region in the global perfumes market. The regions covered in the perfumes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Perfumes Market?
2. What is the CAGR expected in the Perfumes Market?
3. What Are the Key Innovations Transforming the Perfumes Industry?
4. Which Region Is Leading the Perfumes Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Evolving Market Trends In The Perfumes Industry: Consumer Preference Shifts Towards Natural Fragrances In The Perfume Market here
News-ID: 4004743 • Views: …
More Releases from The Business Research Company
Salivary Gland Infection Market Anticipated To Witness Robust Growth, Surpassing …
We've updated all our reports with current data on tariff changes, trade developments, and supply chain shifts affecting key industries.
What Is the Current Salivary Gland Infection Market Size and Its Estimated Growth Rate?
The market for salivary gland infections has seen robust growth in the past few years. It is projected to expand from $4.12 billion in 2024 to $4.46 billion in 2025, with a compound annual growth rate (CAGR) of…
Global Respiratory Syncytial Virus (RSV) Diagnostics Market Analysis 2025-2030: …
We've updated all our reports with current data on tariff changes, trade developments, and supply chain shifts affecting key industries.
How Big Is the Respiratory Syncytial Virus (RSV) Diagnostics Market Size Expected to Be by 2034?
In recent times, the market size of Respiratory Syncytial Virus (RSV) diagnostics has seen considerable growth. The market value, which stood at $1.01 billion in 2024, is projected to increase to $1.12 billion in 2025, exhibiting…
Prostate Health Market Size Projected To Reach 53.25 Billion By 2034 With A Cagr …
We've updated all our reports with current data on tariff changes, trade developments, and supply chain shifts affecting key industries.
What Is the Projected Growth of the Prostate Health Market?
The market size for prostate health has seen a significant surge in growth recently. The increase from $34.07 billion in 2024 to $37.34 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 9.6%, alludes to this fact. The growth during…
Strong Growth Ahead: Pediatric Drugs Market Size To Grow At Arecord 14.9% Cagr B …
We've updated all our reports with current data on tariff changes, trade developments, and supply chain shifts affecting key industries.
How Big Is the Pediatric Drugs Market Size Expected to Be by 2034?
The size of the pediatric drugs market has seen swift expansion in the past few years. The market, valued at $157.0 billion in 2024, is projected to reach $181.02 billion in 2025, growing at a compound annual growth rate…
More Releases for Perfume
Future Trend of Luxury Perfume
Luxury Perfume Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis. It…
Avail Authentic Fragrance on Online Perfume Store
The website offers perfumes that you wouldn’t find anywhere else. The website is easy to use and offers many selections. Prices are significantly affordable. We already have a wide range of fragrances to choose from including- Eau de Perfume, Pure perfume oils, scent shots, and MPF Perfumes, etc. We believe in spreading love through our fragrances and we try our best to provide you with the best options available out…
Female Perfume Market Is Booming Worldwide
HTF MI recently introduced Global Female Perfume Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Gucci, Chanel, Thierry Mugler, Lancome, Dior, YSL, Marc Jacobs, Guerlain, BVLGARI,…
Perfumes and Fragrances Market Report 2018: Segmentation by Type (Premium, Mass, …
Global Perfumes and Fragrances market research report provides company profile for Coty, Estee Lauder, Gucci, Bvlgari, Chanel and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the…
Piperonyl Butoxide Market 2017- Endura, Shuguang Chem, Sumitomo Chem, Yangpu Nat …
Piperonyl Butoxide Market 2017 Industry research report provides important information to identify and analyze the market need, market size and competition. This market research report used in maintaining competitiveness over competitors.“Piperonyl butoxide (PBO) is an organic compound used as a component of pesticide formulations. It is a waxy white solid. It is a synergist. That is, despite having no pesticidal activity of its own, it enhances the potency of certain…
Global Perfume Market Research Report 2021
MarketResearchReports.Biz presents this most up-to-date research on "Global Perfume Market Research Report 2021"
Description
This report studies Perfume in Global market, especially in North America, Europe, China, Japan, India and Southeast Asia, focuses on top manufacturers in global market, with sales, price, revenue and market share for each manufacturer, covering
Bvlgari
Chanel
Coty
Estee Lauder
Gucci
Abdul Samad Al Qurashi
Azzaro
Carolina Herrera
Clarins
Kate Spade
LVMH
Nina Ricci
Oriflame
Shiseido
Versace
Market Segment by Region, this report splits Global into several key Region, with sales, revenue, market…
