Perfume Market Size, Share and Growth Analysis 2023–2030: Research with Business Developments and Demand Status

Pallavi khalane
5 min readJul 21, 2023

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Perfume Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

The rise in customer-centricity within the aviation trade acts collectively of the key factors driving the expansion of the market. The study includes information on rising players, as well as the competitive landscape, revenue, revenue and world market share of the key manufacturers

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The Perfume Market Industry Research by Companies covered:

  • Loreal
  • Coty
  • CHANEL
  • AVON
  • LVMH
  • Estée Lauder
  • Puig
  • Procter & Gamble
  • Elizabeth Arden
  • Interparfums
  • Shiseido
  • Amore Pacific
  • Salvatore Ferragamo
  • ICR Spa
  • Jahwa
  • Saint Melin

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Market Segmentation

We have studied the Perfume Market in 360 degrees via. Both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

The report contains qualitative and quantitative research on the Perfume market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market’s main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts.

Types list

  • Parfum
  • Eau de Parfum
  • Eau de Toilette
  • Eau de Cologne
  • Eau Fraiche

Application list

  • Men’s Perfume
  • Women’s Perfume
  • Others

In terms of Region, The Perfume industry Players available by Region are:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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Short Description of the Perfume Market 2023–2028:

Perfume is a mixture of fragrant essential oils or aroma compounds, fixatives and solvents used to give the human body, animals, objects, and living spaces “a pleasant scent”.

In this report, all statistics of perfume are based on the standard of 50ml/bottle.

Perfume is stated to have main three notes, which work jointly to shape the long-lasting fragrance. These notes are created carefully with knowledge of the evaporation process of the perfume.

Market Analysis and Insights: Global Perfume Market

Due to the COVID-19 pandemic, the global Perfume market size is estimated to be worth USD 39750 million in 2022 and is forecast to a readjusted size of USD 70830 million by 2029 with a CAGR of 8.5% during the forecast period 2023–2029. Fully considering the economic change by this health crisis, Parfum accounting for of the Perfume global market in 2022, is projected to value USD million by 2029, growing at a revised CAGR from 2023 to 2029. While Men’s Perfume segment is altered to an CAGR throughout this forecast period.

Europe is the largest Perfume market with about 46% market share. Asia(excluding China) is follower, accounting for about 23% market share.

The key players are Loreal, Coty, CHANEL, AVON, LVMH, Estée Lauder, Puig, Procter & Gamble, Elizabeth Arden, Interparfums, Shiseido, Amore Pacific, Salvatore Ferragamo, ICR Spa, Jahwa, Saint Melin etc. Top 3 companies occupied about 24% market share.

Global Perfume Scope and Market Size

The global Perfume market is segmented

We follow a comprehensive process to estimate market size. Key industry dynamics, regulatory scenarios, and segmental dynamics are analyzed to understand their impact on demand over the forecast period. Macroeconomic indicators such as prices, income and demographic changes, demand changes, etc. are considered in estimating market size. We also provide an in-depth profile of the key players and discuss their market shares in the global market to derive the market value. In addition, we have an internal database that is regularly updated with key insights and press releases from key stakeholders in the relevant market.

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What is the key component driving the market?

This report will prove useful to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

Key Profits for Industry Members and Stakeholders

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period.
  • Which regulatory trends at corporate-level, business-level, and functional-level strategies.
  • Which are the End-User technologies being used to capture new revenue streams in the near future.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • One can increase a thorough grasp of market dynamics by looking at prices as well as the actions of producers and users.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.

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Detailed TOC of Global Perfume Market Professional Industry Research Report (2022–2028)

1 Introduction to Research & Analysis Reports

1.1 Perfume Market Definition

1.2 Market Segments

1.2.1 Market by Type

1.2.2 Market by Application

1.3 Global Perfume Market Overview

1.4 Features & Benefits of This Report

1.5 Methodology & Sources of Information

1.5.1 Research Methodology

1.5.2 Research Process

1.5.3 Base Year

1.5.4 Report Assumptions & Caveats

2 Global Perfume Overall Market Size2.1 Global Perfume Market Size: 2021 VS 2031

2.2 Global Perfume Revenue, Prospects & Forecasts: 2017–2031

2.3 Global Perfume Sales: 2017–2031

3 Company Landscape3.1 Top Perfume Players in Global Market

3.2 Top Global Perfume Companies Ranked by Revenue

3.3 Global Perfume Revenue by Companies

3.4 Global Perfume Sales by Companies

3.5 Global Perfume Price by Manufacturer (2017–2023)

3.6 Top 3 and Top 5 Perfume Companies in Global Market, by Revenue in 2021

3.7 Global Manufacturers Perfume Product Type

3.8 Tier 1, Tier 2 and Tier 3 Perfume Players in Global Market

4 Sights by Product4.1 Overview

4.2 By Type — Global Perfume Revenue & Forecasts

4.3 By Type — Global Perfume Sales & Forecasts

4.4 By Type — Global Perfume Price (Manufacturers Selling Prices), 2017–2031

5 Sights By Application

6 Sights by Region

6.1 By Region — Global Perfume Market Size, 2021 & 2031

6.2 By Region — Global Perfume Revenue & Forecasts

6.3 By Region — Global Perfume Sales & Forecasts

6.4 North America

6.5 Europe

6.6 Asia

6.7 South America

6.8 Middle East & Africa

7 Manufacturers & Brands Profiles

8 Global Perfume Production Capacities, Analysis

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