GCC Perfume Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

The GCC perfume market reached a value of nearly US$ 3 Billion in 2020. Perfume is a fragrant liquid which is prepared by combining water, alcohol, aroma compounds, essential oils, solvents and fixatives. Perfumes are formulated on the basis of different scent families such as green, oriental, musk, floral, woody, amber, herbaceous, etc. As compared to earlier, perfumes have, nowadays, become a necessity and are used on a daily basis. They help in improving the overall personality of a person by offering a pleasant scent to the human body. As a result, perfumes have gained immense traction in the GCC region. Looking forward, IMARC Group expects the GCC perfume market to exhibit moderate growth during the next five years.

GCC Perfume Market Drivers

Over the past few years, the tourism sector of the GCC region has experienced a significant growth which has triggered the surge in the duty-free sales. This acts as a major factor which has been boosting the perfume market in the region.

In the GCC region, the disposable income of the consumers has been increasing owing to which they are able to afford premium categories of different fragrances and perfumes. This has contributed towards a propelling demand for good-quality perfumes across the region.

As majority of the people in the GCC region follow Islamic beliefs, manufacturers have started producing fragrances and perfumes according to halal regulations which has positively influenced the growth of the market.

Market Breakup by Price:

• Premium products currently represent the largest category of perfumes in the GCC region. These products are followed by mass products.

Market Breakup by Gender:

• The perfume market in the GCC region has been segmented on the basis of categories which include unisex, female and male. Currently, unisex represents the most popular category.
• Market Breakup by Product
• Based on the product type, the market has been segregated into Arabic and French perfumes. Arabic perfumes dominate the market, holding the majority of the market share.
• Market Breakup by Region
• On a geographical front, Saudi Arabia enjoys the leading position in the GCC perfume market. Some of the other major markets include UAE and Kuwait.

Competitive Landscape:

The perfume market is fragmented in nature with the presence of numerous small and large manufacturers who compete in terms of prices and quality. Some of the leading players operating in the market are:

• Ajmal
• TFK
• Rasasi
• Arabian Oud
• Abdul samad Al qurashi.
• This report provides a deep insight into the GCC perfume market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the GCC perfume industry in any manner.

Key Questions Answered in This Report:

• How has the GCC perfume market performed so far and how will it perform in the coming years?
• What are the key regions in the GCC perfume market?
• What has been the impact of COVID-19 on the GCC perfume market?
• What are the key product types in the GCC perfume market?
• What has been the performance of the premium segment versus the mass segment?
• What are the various stages in the value chain of the GCC perfume market?
• What are the key driving factors and challenges in the GCC perfume market?
• What is the structure of the GCC perfume market and who are the key players?
• What is the degree of competition in the GCC perfume market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Perfume Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Market Breakup by Price
• 5.4 Market Breakup by Gender
• 5.5 Market Breakup by Distribution Channel
• 5.6 Market Breakup by Region
• 5.7 Market Forecast

6 GCC Perfume Market

• 6.1 Market Overview
• 6.2 Market Performance
• 6.3 Impact of COVID-19
• 6.4 Market Breakup by Price
• 6.5 Market Breakup by Gender
• 6.6 Market Breakup by Product
• 6.7 Market Breakup by Region
• 6.8 Market Forecast
• 6.9 SWOT Analysis
  • 6.9.1 Overview
  • 6.9.2 Strengths
  • 6.9.3 Weaknesses
  • 6.9.4 Opportunities
  • 6.9.5 Threats
• 6.10 Value Chain Analysis
  • 6.10.1 Overview
  • 6.10.2 Research and Development
  • 6.10.3 Raw Material Procurement
  • 6.10.4 Manufacturing
  • 6.10.5 Marketing
  • 6.10.6 Distribution
  • 6.10.7 End-Use
• 6.11 Porters Five Forces Analysis
  • 6.11.1 Overview
  • 6.11.2 Bargaining Power of Buyers
  • 6.11.3 Bargaining Power of Suppliers
  • 6.11.4 Degree of Competition
  • 6.11.5 Threat of New Entrants
  • 6.11.6 Threat of Substitutes
• 6.12 Price Analysis
  • 6.12.1 Key Price Indicators
  • 6.12.2 Price Structure
  • 6.12.3 Margin Analysis

7 Market Breakup by Price

• 7.1 Premium Products
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Mass Products
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast

8 Market Breakup by Gender

• 8.1 Male
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Female
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Unisex
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast

9 Market Breakup by Product

• 9.1 Arabic
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast
• 9.2 French
  • 9.2.1 Market Trends
  • 9.2.2 Market Forecast
• 9.3 Others
  • 9.3.1 Market Trends
  • 9.3.2 Market Forecast

10 Market Breakup by Region

• 10.1 Saudi Arabia
  • 10.1.1 Market Trends
  • 10.1.2 Market Breakup by Price
  • 10.1.3 Market Breakup by Gender
  • 10.1.4 Market Breakup by Product
  • 10.1.5 Key Players
  • 10.1.6 Market Forecast
• 10.2 UAE
  • 10.2.1 Market Trends
  • 10.2.2 Market Breakup by Price
  • 10.2.3 Market Breakup by Gender
  • 10.2.4 Market Breakup by Product
  • 10.2.5 Key Players
  • 10.2.6 Market Forecast
• 10.3 Kuwait
  • 10.3.1 Market Trends
  • 10.3.2 Market Breakup by Price
  • 10.3.3 Market Breakup by Gender
  • 10.3.4 Market Breakup by Product
  • 10.3.5 Key Players
  • 10.3.6 Market Forecast
• 10.4 Others

11 Perfume Manufacturing Process

• 11.1 Product Overview
• 11.2 Raw Material Requirements
• 11.3 Manufacturing Process
• 11.4 Key Success and Risk Factors

12 Competitive Landscape

• 12.1 Market Structure
• 12.2 Key Players
• 12.3 Profiles of Key Players

List of Figures

• Figure 1: Global: Perfume Market: Major Drivers and Challenges
• Figure 2: Global: Perfume Market: Sales Value (in Billion US$), 2015-2020
• Figure 3: Global: Perfume Market: Breakup by Price (in %), 2020
• Figure 4: Global: Perfume Market: Breakup by Gender (in %), 2020
• Figure 5: Global: Perfume Market: Breakup by Distribution Channel (in %), 2020
• Figure 6: Global: Perfume Market: Breakup by Region (in %), 2020
• Figure 7: Global: Perfume Market Forecast: Sales Value (in Billion US$), 2021-2026
• Figure 8: GCC: Perfume Market: Sales Value (in Billion US$), 2015-2020
• Figure 9: GCC: Perfume Market: Breakup by Price (in %), 2020
• Figure 10: GCC: Perfume Market: Breakup by Gender (in %), 2020
• Figure 11: GCC: Perfume Market: Breakup by Product (in %), 2020
• Figure 12: GCC: Perfume Market: Breakup by Region (in %), 2020
• Figure 13: GCC: Perfume Market Forecast: Sales Value (in Billion US$), 2021-2026
• Figure 14: Perfume Market: Price Structure (US$/Ton)
• Figure 15: GCC: Perfume Industry: SWOT Analysis
• Figure 16: GCC: Perfume Industry: Value Chain Analysis
• Figure 17: GCC: Perfume Industry: Porter's Five Forces Analysis
• Figure 18: GCC: Perfume (Premium) Market: Sales Value (in Billion US$), 2015 & 2020
• Figure 19: GCC: Perfume (Premium) Market Forecast: Sales Value (in Billion US$), 2021-2026
• Figure 20: GCC: Perfume (Mass) Market: Sales Value (in Billion US$), 2015 & 2020
• Figure 21: GCC: Perfume (Mass) Market Forecast: Sales Value (in Billion US$), 2021-2026
• Figure 22: GCC: Perfume (Male) Market: Sales Value (in Billion US$), 2015 & 2020
• Figure 23: GCC: Perfume (Male) Market Forecast: Sales Value (in Billion US$), 2021-2026
• Figure 24: GCC: Perfume (Female) Market: Sales Value (in Billion US$), 2015 & 2020
• Figure 25: GCC: Perfume (Female) Market Forecast: Sales Value (in Billion US$), 2021-2026
• Figure 26: GCC: Perfume (Unisex) Market: Sales Value (in Billion US$), 2015 & 2020
• Figure 27: GCC: Perfume (Unisex) Market Forecast: Sales Value (in Billion US$), 2021-2026
• Figure 28: GCC: Perfume (Arabic) Market: Sales Value (in Billion US$), 2015 & 2020
• Figure 29: GCC: Perfume (Arabic) Market Forecast: Sales Value (in Billion US$), 2021-2026
• Figure 30: GCC: Perfume (French) Market: Sales Value (in Billion US$), 2015 & 2020
• Figure 31: GCC: Perfume (French) Market Forecast: Sales Value (in Billion US$), 2021-2026
• Figure 32: GCC: Perfume (Others) Market: Sales Value (in Billion US$), 2015 & 2020
• Figure 33: GCC: Perfume (Others) Market Forecast: Sales Value (in Billion US$), 2021-2026
• Figure 34: Saudi Arabia: Perfume Market: Sales Value (in Billion US$), 2015-2020
• Figure 35: Saudi Arabia: Perfume Market: Breakup by Price (in %), 2020
• Figure 36: Saudi Arabia: Perfume Market: Breakup by Gender (in %), 2020
• Figure 37: Saudi Arabia: Perfume Market: Breakup by Product (in %), 2020
• Figure 38: Saudi Arabia: Perfume Market Forecast: Sales Value (in Billion US$), 2021-2026
• Figure 39: UAE: Perfume Market: Sales Value (in Billion US$), 2015-2020
• Figure 40: UAE: Perfume Market: Breakup by Price (in %), 2020
• Figure 41: UAE: Perfume Market: Breakup by Gender (in %), 2020
• Figure 42: UAE: Perfume Market: Breakup by Product (in %), 2020
• Figure 43: UAE: Perfume Market Forecast: Sales Value (in Billion US$), 2021-2026
• Figure 44: Kuwait: Perfume Market: Sales Value (in Billion US$), 2015-2020
• Figure 45: Kuwait: Perfume Market: Breakup by Price (in %), 2020
• Figure 46: Kuwait: Perfume Market: Breakup by Gender (in %), 2020
• Figure 47: Kuwait: Perfume Market: Breakup by Product (in %), 2020
• Figure 48: Kuwait: Perfume Market Forecast: Sales Value (in Billion US$), 2021-2026
• Figure 49: Others: Perfume Market: Sales Value (in Billion US$), 2015, 2020 & 2026
• Figure 50: Perfume Manufacturing: Detailed Process Flow

List of Tables

• Table 1: Global: Perfume Market: Key Industry Highlights, 2020 and 2026
• Table 2: GCC: Perfume Market: Key Industry Highlights, 2020 and 2026
• Table 3: GCC: Perfume Market Forecast: Breakup by Price (in Billion US$), 2021-2026
• Table 4: GCC: Perfume Market Forecast: Breakup by Gender (in Billion US$), 2021-2026
• Table 5: GCC: Perfume Market Forecast: Breakup by Product (in Billion US$), 2021-2026
• Table 6: GCC: Perfume Market Forecast: Breakup by Region (in Billion US$), 2021-2026
• Table 7: Perfume Manufacturing: Raw Material Requirements
• Table 8: GCC: Perfume Market: Competitive Structure
• Table 9: GCC: Perfume Market: Key Players