Luxury Fragrance Market size was valued at $11.7 billion in 2018 and is expected to reach $16.8 billion by 2027, registering a CAGR of 5% from 2019 to 2027.
In the past few years, the traditional mass market perfume business has declined in sales as target customers are looking for more luxurious perfume brands. This has sparked demand for a wide range of premium perfume products worldwide.
Premiumization acts as a bridge between the desire for a luxury experience and the need for the mass market. As a result, premiumization plays an important role in the growth of the overall luxury perfume market. Today’s customers seek superior quality and content when using all kinds of consumer goods, including perfumes, regardless of the premium price tag. This increases the demand for premium brand perfumes.
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The following manufacturers are covered in this report:
- Gianni Versace
- Liz Claiborne
- Loreal
- Revlon
- Procter & Gamble
- Ralph Lauren
- Bulgari
Luxury Fragrance Breakdown Data by Type
- Eau de Parfum
- Eau de Toilette
- Eau de Cologne
- Eau Fraiche
- Other
Luxury Fragrance Breakdown Data by Application
- Men
- Women
- Children’s
- Others
A full report of Global Luxury Fragrance Market is available at: https://www.orionmarketreports.com/luxury-fragrance-market/39510/
Scope of the Report
The research study analyzes the global Luxury Fragrance industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Luxury Fragrance Market Report
1. What was the Luxury Fragrance Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Luxury Fragrance Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Luxury Fragrance Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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