Market Research Report
Perfume Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023
|Published by||IMARC Services Pvt. Ltd.||Product code||354140|
|Published||Content info||84 Pages
Delivery time: 1-2 business days
|Perfume Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023|
|Published: February 4, 2018||Content info: 84 Pages||
A perfume is a fragrant liquid prepared from essential oils commonly used to provide a pleasant smell. Perfumes signify one's personality, style and individuality. A good scent can influence human thoughts, mood, behaviour, emotions and perceptions of people. Today, perfumes have evolved into a mainstream business in the cosmetics and personal care industry. According to IMARC's latest study "Perfume Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023", the global perfume market was worth US$ 37.4 Billion in 2017, growing at a CAGR of around 3.7% during 2010-2017. The report finds that the global perfume market is gaining impetus from the rising concerns for personal grooming and increasing demand for youth oriented and exotic fragrances. Rising population, growing urbanization, higher spending capacity and product diversification by manufacturers are some of the other major factors that are stepping up the demand for perfumes worldwide.
The report provides a detailed insight into the global perfume market and has segmented this market on the basis of types and major regions. The market can be bifurcated into two groups: premium and mass products. Currently, premium products dominate the global perfume market and account for the majority of the total global sales. Country-wise, Brazil represents the world's largest market for perfumes. Brazil is followed by the United States, Germany, France, Russia, Spain, United Kingdom, Mexico, Italy and Saudi Arabia. The report has also covered some of the key players operating in this market which include Avon Products Inc., Natura Cosmeticos SA, Chanel SA, Coty Inc., LVMH and L'Oreal Groupe,.
The report provides a comprehensive analysis for setting up a perfume manufacturing plant. The study covers all the requisite aspects of the perfume market and provides an in-depth analysis of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the perfume industry in any manner.