Global Perfume Market Outlook to 2027
DUBLIN, May 4, 2022 /PRNewswire/ — The report “Fragrance Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027” has been added to from ResearchAndMarkets.com offer.
The global perfume market reached a value of US$33.5 billion in 2021. Going forward, the market is expected to reach US$47.6 billion by 2027, posting a CAGR of 6.1% over the period 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst continuously monitors and assesses the direct and indirect influence of the pandemic. This information is included in the report as a major market contributor.
Fragrances are made up of fragrances or essential oils that are used to provide a pleasant smell. Some of the common natural ingredients used in the production of perfumes include spices, woods, flowers, herbs, fruits, resins, leaves, roots, balsams, gums, and animal secretions.
Fragrances signify a person’s style, individuality and personality and a good scent can influence human mood, behavior, perception, emotions and thoughts. Nowadays, the manufacture of perfumes has become a common activity in the personal care and cosmetics industry.
The global perfume market is gaining momentum owing to the rising trend in personal care as well as the growing demand for fragrances aimed at young and exotic people. Moreover, product diversification by manufacturers attracts a larger consumer base.
Apart from this, increasing consumer spending on luxury perfumes due to inflation in income levels and improved living standards are further boosting perfume sales. Rapid urbanization, increasing population and aggressive advertising by manufacturers are other major factors propelling the demand for fragrances globally. However, the availability of counterfeit products represents one of the major challenges facing the market.
The competitive landscape of the market has also been examined with some of the major players being Avon Products Inc., Natura Cosmeticos SA, Chanel SA, Coty Inc., LVMH and L’Oreal SA.
Key questions answered by this report
1. What is the size of the global fragrance market?
2. What is the expected growth rate of the global fragrance market?
3. What are the key factors driving the global fragrance market?
4. What has been the impact of COVID-19 on the global fragrance market?
5. What is the breakdown of the global perfume market by type of perfume?
6. What is the breakdown of the global perfume market by category?
7. What is the breakdown of the global perfume market by distribution channel?
8. What are the key regions of the global perfume market?
9. Who are the key companies/players in the global fragrance market?
Main topics covered:
2 Scope and methodology
3 Executive summary
4.2 Key Industry Trends
5 Global perfume industry
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakdown by Region
5.5 Market Breakdown by Perfume Type
5.6 Market Breakdown by Category
5.7 Market Breakdown by Distribution Channel
5.8 Market Forecast
5.9 SWOT Analysis
5.10 Value chain analysis
5.10.1 Supply of raw materials
5.10.6 Final consumers
5.11 Porter’s Five Forces Analysis
5.11.2 Bargaining power of buyers
5.11.3 Bargaining power of suppliers
5.11.4 Degree of rivalry
5.11.5 Threat of new entrants
5.11.6 Threat of Substitutes
5.12 Key Market Drivers and Success Factors
6 Performance of key regions
6.1.1 Market trends
6.1.2 Market Forecast
6.2 United States
6.2.1 Market trends
6.2.2 Market Forecast
6.3.1 Market trends
6.3.2 Market Forecast
6.4.1 Market trends
6.4.2 Market Forecast
6.5.1 Market trends
6.5.2 Market Forecast
7 Market by Perfume Type
7.1 Premium fragrance products
7.1.1 Market trends
7.1.2 Market Forecast
7.2 Mass perfumery products
7.2.1 Market trends
7.2.2 Market Forecast
8 Market by category
8.1 Feminine perfumes
8.1.1 Market trends
8.1.2 Market Forecast
8.2 Masculine scents
8.2.1 Market trends
8.2.2 Market Forecast
8.3 Unisex fragrances
8.3.1 Market trends
8.3.2 Market Forecast
9 Competitive Landscape
9.1 Competitive Structure
9.2 Major Players
10 Perfume manufacturing process
10.1 Product Overview
10.2 Detailed Process Flow
10.3 Various types of unit operations involved
10.4 Mass balance and raw material requirements
11 Project details, requirements and costs involved
11.1 Land Requirements and Expenditures
11.2 Construction Requirements and Expenses
11.3 Plant machinery
11.4 Raw Material Requirements and Expenditures
11.5 Packaging Requirements and Expenses
11.6 Transportation Requirements and Expenses
11.7 Utility Requirements
11.8 Labor Requirements and Expenditures
11.9 Other capital investments
12 Perfume factory: loans and financial assistance
13 Perfume factory: economics of the project
13.1 Capital cost of the project
13.2 Technical and economic parameters
13.3 Product Pricing and Margins at Different Levels of the Supply Chain
13.6 Revenue projections
13.7 Expenditure Projections
13.8 Financial Analysis
13.9 Profit Analysis
14 profiles of key players
14.1 Avon Products Inc.
14.2 Natura Cosmeticos SA
14.3 Chanel S.A.
14.4 Coty Inc.
14.6 L’Oreal SA
For more information about this report visit https://www.researchandmarkets.com/r/oql4ji
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