New Research Report on “Fragrances and Perfumes Market” presents an in-depth analysis of Fragrances and Perfumes which includes market size, share, growth, and demand forecast until 2024 (in USD billion). The report sheds light on latest market developments and prominent trends of the market. Fragrances and Perfumes market report includes research methodology, value chain analysis, industry analysis by the power of suppliers and consumers. Fragrances and Perfumes market report also includes new upcoming technology of Fragrances and Perfumes Industry that will help our clients.
Fragrances and Perfumes Market Covers Major Key Players:
Fragrances and Perfumes Market Covers manufacturers on the basis of market status, production, consumption, and forecast details.
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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.
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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.
Fragrances and Perfumes Market Report contents include:
- Analysis of the laboratory balance market including revenues, future growth, market outlook
- Historical data and forecast
- Regional analysis including growth estimates
- Analyzes the end user markets including growth estimates.
- Profiles on laboratory balance including products, sales/revenues, and market position
- Market structure, market drivers and restraints.
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Detailed TOC of Fragrances and Perfumes Market Report 2020-2024:
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
5.1.1 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
5.4 Distribution Channel
5.4.1 Offline Retail Stores
5.4.2 Online Retail Stores
5.5.1 North America
220.127.116.11 United States
18.104.22.168 Rest of North America
22.214.171.124 United Kingdom
126.96.36.199 Rest of Europe
5.5.3 Asia – Pacific
188.8.131.52 Rest of Asia – Pacific
5.5.4 South America
184.108.40.206 Rest of South America
5.5.5 Middle East & Africa
220.127.116.11 South Africa
18.104.22.168 Saudi Arabia
22.214.171.124 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
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