Global Fragrances Market Size, Share, Trends, Demand, Growth and Competitive Analysis
MarkNtel Advisors recently published a detailed industry analysis of the Global Fragrances Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Fragrances Market Size, Share, and
Trends Analysis Report – Industry Overview and Forecast to 2030
The Fragrances Market size was valued at around USD 66.59 billion in 2024 and is projected to reach USD 98.32 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.71% during the forecast period, i.e., 2025-30.
What are the major Driver the Global Fragrances industry?
Booming Demand for Cosmetics to Upscale the Market
Growth Graph – The
Fragrances Market is being driven by the growing number of working women &
their increased spending on cosmetics. This trend is expected to strengthen
fragrance demand alongside the rising interest in personal care products.
Additionally, the expanding global population of elderly individuals is driving
the demand for anti-aging cosmetic products, many of which include
scents in creams, serums, and facial oils. Thus, consumers' willingness to
invest in advanced anti-aging treatments to reduce imperfections, wrinkles, and
dark spots while enhancing skin tone is further fuelling the demand for
fragrances. Consequently, the aging population's tilt toward cosmetic products
and the consumers' pursuit of enhanced attractiveness would instigate the
Fragrances Market share in the future years.
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What segments define the Global Fragrances market
from 2025 to 2030? How do these segments contribute to market dynamics and growth?
- By Product Type
- Personal Care
- Cosmetics
- Deodorants &
Perfumes
- Household Care
- Room Fresheners
- Bathroom
Fresheners
- Others (Oral Care,
Fabric Care, etc.)
According to report, Household fragrances
are gaining traction worldwide, accounting for the largest share of the Global
Fragrances Market.
- By Ingredient
- Natural
- Synthetic
According
to report, Fragrances with Natural Ingredients are witnessing an upward demand
and are predicted to hold a significant share of the Fragrances Market in the
forecast years.
- By Distribution
Channel
- Offline
- Hypermarket/
Supermarket
- Retail Stores
- Others
(Convenience Stores, Departmental Stores etc.)
- Online
Explore the Complete Global Fragrances Market
Analysis Report –
https://www.marknteladvisors.com/research-library/fragrances-market.html
Geographical Analysis: Global Fragrances Market
·
By Region
o North America
o South America
o Europe
o The Middle East & Africa
o Asia-Pacific
Global Fragrances Market Share &
Competitive Landscape:
The Fragrances Market
is characterized by intense competition, with several key players driving
growth through innovation, market expansion, and strategic investments. The
competitive landscape provides valuable insights into the industry's leading
companies, highlighting their strengths, financial performance, and market
influence.
Leading Companies in the Global Fragrances Market are:
- Ajmal Perfumes Pvt. Ltd.
- Attar Al Has
- Chanel S A
- Church & Dwight Co. Inc.
- Estee Lauder Co. Inc.
- Givaudan SA
- Firmenich SA
- Hindustan Unilever Limited
- International Flavors & Fragrances
- Natura & Co.
- Procter & Gamble Health Ltd.
- Revlon Inc.
- SC Johnson & Son Inc.
- Shanghai Ligan Perfume Cosmetics Co. Ltd.
- Shiseido Co.Ltd.
- The Avon Co.
- The Perfume Company
- Others (Burberry Group PLC, Calvin Klein etc.
Global Fragrances Industry Recent
Developments
- 2023: Estee Lauder Companies Inc. has unveiled Beautiful Magnolia L'Eau, a fresh fragrance tailored
for women. This new addition to their product line aims to diversify their
offerings and drive profitability.
- 2022: L’Oréal S.A. has reintroduced its high-end beauty label Lancôme in India,
planning to offer a range of makeup, fragrances, and skincare items under
the Lancôme brand across the country.
Questions Addressed in
this Study
1.What factors are
driving the Global Fragrances Market growth?
2.How is the Global
Fragrances Market expected to grow over the next five years?
3.What are the key
insights into the current trends in the Global Fragrances Market?
4.What is the
current size of the Global Fragrances Market, and how is it projected to change
in the future?
6.What is the
future outlook for the Global Fragrances Market in terms of technological
advancements and market expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors
is a leading research, consulting, & data analytics firm that provides an
extensive range of strategic reports on diverse industry verticals. We deliver
data to a substantial & varied client base, including multinational
corporations, financial institutions, governments, & individuals, among
others.
Our specialization
in niche industries informed way and entail parameters like Go-to-Market (GTM),
product development, feasibility analysis, project scoping, market
segmentation, competitive benchmarking, market sizing & forecasting, &
trend analysis, among others, for 15 diverse industrial verticals.
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