Perfume Market Size, Share & Trends Analysis Report By Product (Mass, Premium), By End User (Men, Women), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2019 - 2025

Published: Jun, 2019 | Pages: 75 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global perfume market size is expected to reach USD 40.9 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.9% over the forecast period. Growing awareness about personal grooming, along with increasing demand for premium fragrances, is expected to drive the demand for global market. Furthermore, high purchasing power among the millennials is expected to spur the growth of the global market.

Soaring population and increasing consumer spending on personal and beauty care products are the key factors driving the market. Perfume suppliers are becoming more innovative and are offering better products at discounted prices as a definite marketing strategy. This, in turn, is helping the mass product segment to expand at a CAGR of 3.8% over the forecast period. Additionally, popularity of purchasing premium brands is increasing due to increase in customer spending, which could be attributed to rise in disposable income per household. This is expected to augment the demand for premium brands during the forecast period. For instance, Victoria Secret launched its body mist collection in India ranging from USD 18 to 25 such as VC Rush, Bombshell, Vanilla Lace, and Love Spell.

Women accounted for the largest share of 60.1% in 2018. It is observed that women in U.S. purchase a new perfume as often as once a month, in comparison to men who buy it on an average of 1-2 times per year, mainly for the purpose of replenishment. As per a survey, around 41.0% of the females in U.S. use perfumes everyday as compared to men.

The online channel is expected to expand at the highest CAGR of 3.9% over the forecast period. It provides a wide variety of products for the consumers all over the world, coupled with several discounts and offers for its first-time and regular users. For instance, Nykaa provides special discounts on women's day, especially on perfumes of premium brands like Avon, to celebrate womanhood every year.

Europe, followed by North America, accounted for the largest market share in 2018. The U.S. and Europe market remain the industry trendsetters. Major countries contributing to the growth of the Europe market include Germany, France, and U.K, wherein France accounted for 25.9% share in 2018. France serves as the home of numerous leading perfumes brands such as Christian Dior, Chanel, and Guerlain. The country has been driving the Europe market with the highest production and export values.

Asia Pacific is expected to expand at a CAGR of 5.1% over the forecast period. The region is witnessing high demand, particularly in countries like China and India due to increasing disposable income that allows customers to spend more on luxury products. This, in turn, is boosting the growth of the regional market. For instance, Vini Cosmetics, an Indian company popularly known for its brand Fogg, launched its premium perfumes for both men and women.

Some of the major players in the global market are Avon Products Inc.; Natura Cosmticos SA; Chanel SA; Coty Inc.; LVMH; L'Oreal Groupe; Estee Lauder; Elizabeth Arden, Inc.; and Puig SL. Companies are focusing on offering customized products to meet the specific requirements of the customers. For instance, Lauder's Jo Malone stores offer fragrance consultations so that shoppers can develop a customized product.

Moreover, a Tokyo location of this brand had an artist placed near checkout to outline cityscapes on packaged boxes to create a unique product packaging design. Furthermore, the company purchased the artisan perfume house By Kilian, thereby adding to its store of trendy names such as Le Labo and Editions de Parfums Frederic Malle. They offer in-store blending on customer demand with an aim to provide a premium shopping experience of hand crafted products.

Further key findings from the study suggest:

• North America is projected to generate a revenue of USD 13.2 billion by 2025

• The men segment accounted for 39.9% share of the total revenue in 2018 and is projected to witness a slight decline in the next few years

• Perfume Market for Asia Pacific is projected to expand at the highest CAGR of 5.1% over the next few years due to rise in disposable income of people in developing countries like India, China, and Sri Lanka.

• Due to increased benefits of various essential oils, countries like U.K. and Germany have shown a positive trend in adapting these as a main ingredient in the production of a wide range of premium perfumes across the region.

 Table of Contents

Chapter 1. Methodology and Scope
                     1.1. Market Segmentation & Scope
                     1.2. Market Definition
                     1.3. Information Procurement
                          1.3.1. Purchased Database
                          1.3.2. GVR's Internal Database
                          1.3.3. Secondary Sources & Third-Party Perspectives
                          1.3.4. Primary Research
                     1.4. Information Analysis 
                          1.4.1. Data Analysis Models
                     1.5. Market Formulation & Data Visualization
                     1.6. Data Validation & Publishing
Chapter 2. Executive Summary
                     2.1. Market Outlook
                     2.2. Segmental Outlook
                     2.3. Competitive Insights
Chapter 3. Perfume Market Variables, Trends & Scope
                     3.1. Market Introduction
                     3.2. Penetration & Growth Prospect Mapping
                     3.3. Industry Value Chain Analysis
                          3.3.1. Sales/Retail Channel Analysis
                          3.3.2. Profit Margin Analysis
                     3.4. Market Dynamics
                          3.4.1. Market Driver Analysis
                          3.4.2. Market Restraint Analysis
                          3.4.3. Industry Challenges
                          3.4.4. Industry Opportunities
                     3.5. Business Environment Analysis
                          3.5.1. Industry Analysis - Porter's
                               3.5.1.1. Supplier Power
                               3.5.1.2. Buyer Power
                               3.5.1.3. Substitution Threat
                               3.5.1.4. Threat from New Entrant 
                               3.5.1.5. Competitive Rivalry
                     3.6. Roadmap of Perfume Market
                     3.7. Market Entry Strategies 
Chapter 4. Consumer Behavior Analysis
                     4.1. Consumer Trends and Preferences
                     4.2. Factors Affecting Buying Decision 
                     4.3. Consumer Product Adoption 
                     4.4. Observations & Recommendations
Chapter 5. Perfume Market: Product Estimates & Trend Analysis
                     5.1. Product Movement Analysis & Market Share, 2018 & 2025
                     5.2. Mass 
                          5.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                     5.3. Premium
                          5.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
Chapter 6. Perfume Market: End User Estimates & Trend Analysis
                     6.1. End User Movement Analysis & Market Share, 2018 & 2025
                     6.2. Men
                          6.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                     6.3. Women
                          6.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
Chapter 7. Perfume Market: Distribution Channel Estimates & Trend Analysis
                     7.1. Distribution Channel Movement Analysis & Market Share, 2018 & 2025
                     7.2. Offline
                          7.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                     7.3. Online
                          7.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
Chapter 8. Perfume Market: Regional Estimates & Trend Analysis
                     8.1. Regional Movement Analysis & Market Share, 2018 & 2025
                     8.2. North America
                          8.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          8.2.2. Market estimates and forecast, by Product, 2015 - 2025 (USD Billion)
                          8.2.3. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                          8.2.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                          8.2.5. U.S.
                               8.2.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                               8.2.5.2. Market estimates and forecast, by Product, 2015 - 2025 (USD Billion)
                               8.2.5.3. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                               8.2.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                     8.3. Europe
                          8.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          8.3.2. Market estimates and forecast, by Product, 2015 - 2025 (USD Billion)
                          8.3.3. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                          8.3.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                          8.3.5. U.K.
                               8.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                               8.3.5.2. Market estimates and forecast, by Product, 2015 - 2025 (USD Billion)
                               8.3.5.3. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                               8.3.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                          8.3.6. Germany
                               8.3.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                               8.3.6.2. Market estimates and forecast, by Product, 2015 - 2025 (USD Billion)
                               8.3.6.3. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                               8.3.6.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                          8.3.7. France
                               8.3.7.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                               8.3.7.2. Market estimates and forecast, by Product, 2015 - 2025 (USD Billion)
                               8.3.7.3. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                               8.3.7.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                     8.4. Asia Pacific
                          8.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          8.4.2. Market estimates and forecast, by Product, 2015 - 2025 (USD Billion)
                          8.4.3. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                          8.4.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                          8.4.5. China 
                               8.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                               8.4.5.2. Market estimates and forecast, by Product, 2015 - 2025 (USD Billion)
                               8.4.5.3. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                               8.4.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                          8.4.6. India
                               8.4.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                               8.4.6.2. Market estimates and forecast, by Product, 2015 - 2025 (USD Billion)
                               8.4.6.3. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                               8.4.6.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                     8.5. Central & South America
                          8.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          8.5.2. M Market estimates and forecast, by Product, 2015 - 2025 (USD Billion)
                          8.5.3. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                          8.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                     8.6. Middle East & Africa (MEA)
                          8.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          8.6.2. Market estimates and forecast, by Product, 2015 - 2025 (USD Billion)
                          8.6.3. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                          8.6.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
Chapter 9. Competitive Analysis
                     9.1. Key global players, recent developments & their impact on the industry
                     9.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                     9.3. Vendor Landscape
                          9.3.1. Key customers
                          9.3.2. Key company market share analysis, 2018
Chapter 10. Company Profiles
                     10.1. Avon Products Inc.
                          10.1.1. Company Overview
                          10.1.2. Financial Performance
                          10.1.3. Product Benchmarking
                          10.1.4. Strategic Initiatives
                     10.2. Chanel SA
                          10.2.1. Company Overview
                          10.2.2. Financial Performance
                          10.2.3. Product Benchmarking
                          10.2.4. Strategic Initiatives
                     10.3. Coty Inc.
                          10.3.1. Company Overview
                          10.3.2. Financial Performance
                          10.3.3. Product Benchmarking
                          10.3.4. Strategic Initiatives
                     10.4. LVMH
                          10.4.1. Company Overview
                          10.4.2. Financial Performance
                          10.4.3. Product Benchmarking
                          10.4.4. Strategic Initiatives
                     10.5. Estee Lauder
                          10.5.1. Company Overview
                          10.5.2. Financial Performance
                          10.5.3. Product Benchmarking
                          10.5.4. Strategic Initiatives
                     10.6. Elizabeth Arden Inc.
                          10.6.1. Company Overview
                          10.6.2. Financial Performance
                          10.6.3. Product Benchmarking
                          10.6.4. Strategic Initiatives
                     10.7. Puig SL
                          10.7.1. Company Overview
                          10.7.2. Financial Performance
                          10.7.3. Product Benchmarking
                          10.7.4. Strategic Initiatives
                     10.8. Christian Dior
                          10.8.1. Company Overview
                          10.8.2. Financial Performance
                          10.8.3. Product Benchmarking
                          10.8.4. Strategic Initiatives
                     10.9. Calvin Klein
                          10.9.1. Company Overview
                          10.9.2. Financial Performance
                          10.9.3. Product Benchmarking
                          10.9.4. Strategic Initiatives
                     10.10 Natura Cosmticos SA 
                          10.10.1 Company Overview
                          10.10.2 Financial Performance
                          10.10.3 Product Benchmarking
                          10.10.4 Strategic Initiatives

List of Tables

1. Perfumes - Key market driver analysis
2. Perfumes - Key market restraint analysis
3. Global Mass perfume market estimates and forecast, 2015 - 2025 (USD Billion)
4. Global Premium perfume market estimates and forecast, 2015 - 2025 (USD Billion)
5. Global Men perfume market estimates and forecast, 2015 - 2025 (USD Billion)
6. Global Women perfume market estimates and forecast, 2015 - 2025 (USD Billion)
7. Global perfume market estimates and forecast by offline, 2015 - 2025 (USD Billion)
8. Global perfume market estimates and forecast by online, 2015 - 2025 (USD Billion)
9. North America perfume market estimates and forecast, 2015 - 2025 (USD Billion)
10. North America perfume market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
11. North America perfume market revenue estimates and forecast by end user, 2015 - 2025 (USD Billion)
12. North America perfume market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
13. U.S. perfume market estimates and forecast, 2015 - 2025 (USD Billion)
14. U.S. perfume market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
15. U.S. perfume market revenue estimates and forecast by end user, 2015 - 2025 (USD Billion)
16. U.S. perfume market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
17. Europe perfume market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
18. Europe perfume market revenue estimates and forecast by end user, 2015 - 2025 (USD Billion)
19. Europe perfume market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
20. U.K. perfume market estimates and forecast, 2015 - 2025 (USD Billion)
21. U.K. perfume market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
22. U.K. perfume market revenue estimates and forecast by end user, 2015 - 2025 (USD Billion)
23. U.K. perfume market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
24. Germany perfume market estimates and forecast, 2015 - 2025 (USD Billion)
25. Germany perfume market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
26. Germany perfume market revenue estimates and forecast by end user, 2015 - 2025 (USD Billion)
27. Germany perfume market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
28. France perfume market estimates and forecast, 2015 - 2025 (USD Billion)
29. France perfume market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
30. France perfume market revenue estimates and forecast by end user, 2015 - 2025 (USD Billion)
31. France perfume market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
32. Asia Pacific perfume market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
33. Asia Pacific perfume market revenue estimates and forecast by end user, 2015 - 2025 (USD Billion)
34. Asia Pacific perfume market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
35. China perfume market estimates and forecast, 2015 - 2025 (USD Billion)
36. China perfume market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
37. China perfume market revenue estimates and forecast by end user, 2015 - 2025 (USD Billion)
38. China perfume market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
39. India perfume market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
40. India perfume market revenue estimates and forecast by end user, 2015 - 2025 (USD Billion)
41. India perfume market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
42. Central & South America perfume market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
43. Central & South America perfume market revenue estimates and forecast by end user, 2015 - 2025 (USD Billion)
44. Central & South America perfume market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
45. MEA perfume market estimates and forecast, 2015 - 2025 (USD Billion)
46. MEA perfume market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
47. MEA perfume market revenue estimates and forecast by end user, 2015 - 2025 (USD Billion)
48. MEA perfume market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
49. Vendor landscape

List of Figures

1. Perfume market snapshot 
2. Perfume market segmentation & scope
3. Perfume market penetration & growth prospect mapping
4. Perfume value chain analysis
5. Perfume market dynamics
6. Perfume market Porter's analysis 
7. Perfume market: Product movement analysis 
8. Perfume market: End User movement analysis 
9. Perfume market: Distribution Channel movement analysis 
10. Perfume market: Regional movement analysis

To request a free sample copy of this report, please complete the form below.

Interested in this report? Get your FREE sample now! Get a Free Sample

Did you know?

Our library has over 100000 reports on 1000s of topics

Over 100+ Fortune 500 companies rely on us

90,000+ people come to us for insights every month

Research Assistance

Phone: 1-415-349-0054

Toll Free: 1-888-928-9744

Email: [email protected]

Why to buy from us

Custom research service

Speak to the report author to design an exclusive study to serve your research needs.

Information security

Your personal and confidential information is safe and secure.