Press Release

Fragrances and Perfumes Market 2019 by Industry Size, Current Industry Status, Growth Factors, Types, and Applications Forecast to 2024

Fragrances and Perfumes

Report Titled: “Global Fragrances and Perfumes Market - Growth, Trends, and Forecast (2019 - 2024)

The Research Report on “Fragrances and Perfumes Market” 2019 report includes every aspect of the Fragrances and Perfumes industry along with the progress performance. Fragrances and Perfumes Market report presents an analysis of market size, share, and growth, trends, and price structure, statistical and detailed data of the Fragrances and Perfumes industry. Additionally, Fragrances and Perfumes Market 2019 research report offers key analysis on the industry status of the Fragrances and Perfumes producers with market size, growth, share, trends as well as business price structure.

The Fragrances and Perfumes Market report is a professional and detailed study on the Fragrances and Perfumes business. Fragrances and Perfumes market to predict future market directions between the forecast periods from 2019 to 2024 providing you with vital data for your business decisions.

Get a Sample Copy of the Report - https://www.industryresearch.co/enquiry/request-sample/14099035

Scope of the Report:

  • Fragrances and perfumes have improved the grooming habits of individuals and have become important products of day-to-day life. Perfume and fragrance products are used to relieve unpleasant body smell produced due to sweating.
  • Market Overview:

  • The fragrances and perfumes market was valued at USD 52.7 billion in 2018 and is expected to be worth USD 72.3 billion by 2024, registering a CAGR of 5.5% during the forecast period, 2019 to 2024. Key players in the market studied are focusing on developing natural fragrances, primarily due to the rising concerns regarding an issue related to synthetic fragrances, such as allergies and toxins. For instance, LUXE brand is positioning itself as a natural fragrance brand and is collaborating with celebrities for product endorsement. Increasing consumer expenditure on personal care products and rising awareness regarding the therapeutic benefits associated with fragrance are driving the market’s growth. The growing popularity of perfumes and increasing demand for higher fragrance concentration are driving the sales of parfums (pure perfume), which have 15% to 40% fragrance concentration.<
  • Fragrances and Perfumes Report Also Covers Offer for New Project Includes:

    • Market Entry Strategies
    • Countermeasures of Economic Impact
    • Marketing Channels
    • Feasibility Studies of New Project Investment
    • Research Conclusions of the Fragrances and Perfumes Industry

    The report provides key statistics on the market status of the Fragrances and Perfumes Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Fragrances and Perfumes .

    Enquire Before Purchasing this Report - https://www.industryresearch.co/enquiry/pre-order-enquiry/14099035

    Fragrances and Perfumes Market Report Also Covers Marketing Strategy Analysis, Top Manufacturers:

  • Coty Inc.
  • Shiseido Company Limited
  • L'Oral SA
  • LVMH Mot Hennessy Louis Vuitton SE
  • Revlon Inc.
  • Avon Products Inc.
  • Abdul Samad Al Qurashi
  • Herms International SA
  • Este Lauder Companies Inc.
  • Oriflame Holding AG
  • Inter Parfums Inc.
  • PDC Brands
  • Key Market Trends:

    Increasing Expenditure on Advertisement and Promotion

    R&D and advertisements are driving the growth of the market studied. Key players are investing in these factors, in order to influence the consumer purchase decisions. The rising influence of social media and celebrity endorsement is impacting the advertisement strategies adopted by key market players. Key market players are heavily investing in advertisement and promotion, in order to attract consumers on the digital platform. For instance, L’Oréal developed a tool known as the dubbed cockpit, which measures the ROI and productivity of its media investments in real time. This enables better decision-making while formulating performance strategies. In 2017, L’Oreal spent USD 9.16 billion on advertisement and promotional activities, an increase of 4.91%, during the period between 2014 to 2017.
    Asia Pacific Has the Largest Market Revenue

    With increasing disposable income, more local consumers pursue quality products, especially young consumers, which are increasingly crucial for improved consumption. This shows a shift from mass to premium fragrances. Perfumes and fragrances play an increasingly important role in the growth of luxury brands, especially in China, driven by emerging middle-class consumers and millennials who pursue high-end lifestyles. Premium women’s fragrances remained as the most important type, within fragrances and perfume in India. This sector is expected to grow in the forecasted period. With the introduction of perfumes with synthetic ingredients, other products (such as attars) are facing tough competition. This synthetic perfumes segment takes over a major market share.

    Purchase this Report (Price 4250 USD for Single User License) - https://www.industryresearch.co/purchase/14099035

    Detailed TOC of Fragrances and Perfumes Market Report are:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Drivers
    4.2 Market Restraints
    4.3 Porter Five Forces Framework
    4.3.1 Bargaining Power of Suppliers
    4.3.2 Bargaining Power of Buyers
    4.3.3 Threat of New Entrants
    4.3.4 Threat of Substitute Products and Services
    4.3.5 Degree of Competition

    5 MARKET SEGMENTATION
    5.1 Product
    5.1.1 Parfum or de Parfum
    5.1.2 Eau de Parfum (EDP)
    5.1.3 Eau de Toilette (EDT)
    5.1.4 Eau de Cologne (EDC)
    5.1.5 Other Product Types
    5.2 Consumer Group
    5.2.1 Men
    5.2.2 Women
    5.2.3 Unisex
    5.3 Category
    5.3.1 Natural
    5.3.2 Synthetic
    5.4 Distribution Channel
    5.4.1 Offline Retail Stores
    5.4.2 Online Retail Stores
    5.5 Geography
    5.5.1 North America
    5.5.1.1 United States
    5.5.1.2 Canada
    5.5.1.3 Mexico
    5.5.1.4 Rest of North America
    5.5.2 Europe
    5.5.2.1 Germany
    5.5.2.2 United Kingdom
    5.5.2.3 France
    5.5.2.4 Russia
    5.5.2.5 Italy
    5.5.2.6 Spain
    5.5.2.7 Rest of Europe
    5.5.3 Asia - Pacific
    5.5.3.1 China
    5.5.3.2 India
    5.5.3.3 Japan
    5.5.3.4 Australia
    5.5.3.5 Rest of Asia - Pacific
    5.5.4 South America
    5.5.4.1 Brazil
    5.5.4.2 Argentina
    5.5.4.3 Rest of South America
    5.5.5 Middle East & Africa
    5.5.5.1 South Africa
    5.5.5.2 Saudi Arabia
    5.5.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Most Adopted Strategies
    6.2 Market Share Analysis
    6.3 Company Profiles
    6.3.1 Coty Inc.
    6.3.2 Shiseido Company Limited
    6.3.3 L'Oral SA
    6.3.4 LVMH Mot Hennessy Louis Vuitton SE
    6.3.5 Revlon Inc.
    6.3.6 Avon Products Inc.
    6.3.7 Abdul Samad Al Qurashi
    6.3.8 Herms International SA
    6.3.9 Este Lauder Companies Inc.
    6.3.10 Oriflame Holding AG
    6.3.11 Inter Parfums Inc.
    6.3.12 PDC Brands

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

    Contact Us:

    Name: Ajay More

    Phone: US +14242530807/ UK +44 20 3239 8187

    Email: [email protected]

    Our Other Reports:

    Cosmetics Implants Market 2019 Offers Newest Industry Data by Size, Industry Future Trends, Sales, Revenue, Growth Rate by Types and Applications Forecast till 2025

    Shop Shelving Market by Key Players, Growth Factors, Regions and Applications, Industry Forecast by 2025

    Smart Door Lock Market 2019-2025 Important Factors of Revenue by Key Vendors Size, Demand, Development Strategy, Future Trends