Perfumes Market 2021 | Scope of Current and Future Industry 2026

Personal grooming is mostly popular among millennial who are ready to experiment with new concepts and brands, which will continue to influence the growth of perfumes market in the near future. In a 10-year forecast of global perfumes market published by Future Market Insights (FMI) for the period 2016-2026, the revenue is likely to reach a value of over US$ 70 Bn by the end of 2026. Additionally, the global perfumes market is expected to exhibit a CAGR of 5.9% during the forecast period, which underlines promising growth outlook for the global market for perfumes.

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According to the market intelligence released by FMI, the global perfumes market will witness significant growth over 2016-2026, primarily driven by increasing number of younger population in developing countries compared to older demographic. As indicated in the report, availability of perfumes in different price ranges is one of the major factors influencing a strong boost in perfumes market growth.

Key Segments

By Product Type

  • Eau de Parfum
  • Eau de Toilette
  • Eau de Cologne
  • Eau Fraiche

By Demographics

  • Men’s Perfume
  • Women’s Perfume
  • Unisex Perfume

By Distribution Channel

  • Online Retail
  • Physical Retail
  • Modern Trade Stores
  • Departmental Stores
  • Flagship Stores
  • Drugstores

By Ingredient Type

  • Natural
  • Synthetic

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Japan
  • Middle East & Africa

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Product Synopsis

Perfumes, used to enhance body odor, has significantly evolved over the years. Future Market Insights (FMI) estimates a 10-year forecast of global perfumes market for the period 2016-2026. Comprehensive study on this market presents key trends and opportunities to impact the current scenario and shape the future of global perfumes market during the forecast period. The primary objective of the report is to provide critical insights into the developments of global perfumes market.

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Report Description

FMI report on global perfumes market begins with an overview of the market and offers key market dynamics. It includes an in-depth information on various segments and their contribution in the global perfumes market. The report provides a comprehensive analysis on drivers, restraints, opportunities, and trends of the market which impact the growth of global perfumes market. For an extensive understanding, the report analyses year-on-year (Y-o-Y) growth rate, market value, market volume, share, and attractiveness index to predict the growth opportunities of global perfumes market during the forecast period. Furthermore, market performance in terms of revenue split is also included in the report to understand the analysis.

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