PUBLISHER: TechNavio | PRODUCT CODE: 1261936
PUBLISHER: TechNavio | PRODUCT CODE: 1261936
Technavio has been monitoring the fragrances market and is forecast to grow by USD 12762.49 mn during 2022-2027, accelerating at a CAGR of 4.97% during the forecast period. Our report on the fragrances market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for cosmetic products, growing demand for detergents, and the adoption of advanced technologies.
Technavio's fragrances market is segmented as below:
By Type
By Application
By Geography
This study identifies the growing preference for natural ingredients as one of the prime reasons driving the fragrances market growth during the next few years. Also, the adoption of advanced technologies and diversified business portfolios by vendors will lead to sizable demand in the market.
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fragrances market vendors that include AirEsscentials Inc., Amway Corp., CavinKare Pvt. Ltd., CHANEL Ltd., Coty Inc., Firmenich SA, Giorgio Armani S.p.A., Givaudan SA, Groupe Clarins, Henkel AG and Co. KGaA, Lion Corp., LOreal SA, LVMH Moet Hennessy Louis Vuitton SE, Natura and Co Holding SA, Newell Brands Inc., Reckitt Benckiser Group PLC, Revlon Inc., The Estee Lauder Co. Inc., The Procter and Gamble Co., and Unilever PLC. Also, the fragrances market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.
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