PUBLISHER: MarketLine | PRODUCT CODE: 1815928
PUBLISHER: MarketLine | PRODUCT CODE: 1815928
Global Fragrances industry profile provides top-line qualitative and quantitative summary information including: market share, Market size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Market.
Fragrances market includes the retail sales of female fragrances, male fragrances, fragrances set, and unisex fragrances. Market is valued according to retail selling price (RSP) and includes any applicable taxes.
By distribution channel, the market is segmented into health & beauty stores, direct sellers, department stores, independent stores, and others. The scope of others includes e-commerce, convenience stores, chemists/pharmacies, discounters, cash & carriers, parapharmacies & drugstores, supermarkets, warehouse clubs, chemists/pharmacies, hypermarkets and "dollar stores", variety stores & general merchandise retailers.
All market data and forecasts are based on nominal prices, and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates. The USD values may show a declining trend for a few countries such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
The global fragrances market recorded revenues of $60,742.9 million in 2024, representing a compound annual growth rate (CAGR) of 2.5% between 2019-24.
Market consumption volumes declined with a negative CAGR of 0.2% between 2019-24, reaching a total of 1,498.8 million units in 2024.
The moderate growth of the global fragrances market during 2019-24 can be attributed to the pandemic-related disruptions, including prolonged store closures, reduced social events, and a sharp decline in tourism that heavily impacted duty-free and travel-retail sales, key channels for premium perfumes.