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Worldwide Perfume Industry to 2027 - Featuring Avon Products, Coty and LVMH Among Others - ResearchAndMarkets.com

DUBLIN, April 29, 2022 /BUSINESS WIRE/ --

The "Perfume Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global perfume market reached a value of US$ 33.5 billion in 2021. Looking forward, the market is projected to reach US$ 47.6 billion by 2027, exhibiting a CAGR of 6.1% during 2022-2027.

Companies Mentioned

  • Avon Products Inc.
  • Natura Cosmeticos SA
  • Chanel SA
  • Coty Inc.
  • LVMH
  • L'Oreal SA

Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Perfumes are composed of fragrances or essential oils which are used to provide a pleasant smell. Some of the common natural ingredients utilised in the production of perfumes include spices, woods, flowers, grasses, fruits, resins, leaves, roots, balsams, gums and animal secretions.

Perfumes signify a person's style, individuality and personality and a good scent can influence mood, behaviour, perception, emotions and human thoughts. Nowadays, the manufacturing of perfumes has evolved into a mainstream business in the personal care and cosmetics industry.

The global perfume market is gaining traction owing to the rising trend of personal grooming along with the increasing demand for youth-oriented as well as exotic fragrances. Moreover, the product diversification by manufacturers is attracting a larger consumer-base.

Apart from this, increasing consumer spending on luxury fragrances on account of inflating income levels and improving standards of living are further boosting the sales of perfumes. Other major factors propelling the demand for perfumes worldwide are rapid urbanisation, increasing population and aggressive advertising by the manufacturers. However, the availability of counterfeit products represents one of the major challenges faced by the market.

Key Questions Answered in This Report

1. What is the size of the global perfume market?

2. What is the expected growth rate of the global perfume market?

3. What are the key factors driving the global perfume market?

4. What has been the impact of COVID-19 on the global perfume market?

5. What is the breakup of the global perfume market based on the perfume type?

6. What is the breakup of the global perfume market based on the category?

7. What is the breakup of the global perfume market based on the distribution channel?

8. What are the key regions in the global perfume market?

9. Who are the key companies/players in the global perfume market?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Perfume Industry

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Breakup by Region

5.5 Market Breakup by Perfume Type

5.6 Market Breakup by Category

5.7 Market Breakup by Distribution Channel

5.8 Market Forecast

5.9 SWOT Analysis

5.10 Value Chain Analysis

5.11 Porter's Five Forces Analysis

5.12 Key Market Drivers and Success Factors

6 Performance of Key Regions

7 Market by Perfume Type

8 Market by Category

9 Competitive Landscape

9.1 Competitive Structure

9.2 Major Players

10 Perfume Manufacturing Process

10.1 Product Overview

10.2 Detailed Process Flow

10.3 Various Types of Unit Operations Involved

10.4 Mass Balance and Raw Material Requirements

11 Project Details, Requirements and Costs Involved

11.1 Land Requirements and Expenditures

11.2 Construction Requirements and Expenditures

11.3 Plant Machinery

11.4 Raw Materials Requirements and Expenditures

11.5 Packaging Requirements and Expenditures

11.6 Transportation Requirements and Expenditure

11.7 Utilities Requirements

11.8 Manpower Requirements and Expenditures

11.9 Other Capital Investments

12 Perfume Manufacturing Plant: Loans and Financial Assistance

13 Perfume Manufacturing Plant: Project Economics

13.1 Capital Cost of the Project

13.2 Techno-Economic Parameters

13.3 Product Pricing and Margins Across Various Levels of the Supply Chain

13.4 Taxation

13.5 Depreciation

13.6 Income Projections

13.7 Expenditure Projections

13.8 Financial Analysis

13.9 Profit Analysis

14 Key Player Profiles

For more information about this report visit https://www.researchandmarkets.com/r/n58qnb

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