The Colombia perfume market size was approximately USD 620.00 Million in 2024. The market is assessed to grow at a CAGR of 5.00% between 2025 and 2034, reaching a value of USD 1009.91 Million by 2034.
As per the Colombia perfume market analysis, the market is experiencing a significant shift towards premium and luxury fragrances, driven by increasing disposable incomes and improving living standards of consumers. This has led to the emergence of small, customisable perfume brands and artisanal scents, reflecting the evolving tastes and preferences of consumers.
The female segment plays a crucial role in driving demand, with a focus on products tailored for women. Moreover, the rise of unisex and gender-neutral perfumes has blurred traditional boundaries, making the market more inclusive and dynamic. Increased awareness of personal grooming and rising fashion consciousness have also contributed to a rise in luxury perfume sales. Major global brands like Dior, Chanel, and Dolce & Gabbana are expanding their presence in Colombia, capitalising on consumers' willingness to invest in high-end fragrances, leading to the Colombia perfume market expansion.
Furthermore, local perfume companies are also diversifying their product offerings to cater to a wider range of customers. Leading manufacturers are leveraging digital platforms and collaborating with social media influencers and celebrities to reach a broader consumer base. Celebrity endorsements on social media platforms have proven to significantly boost sales, underscoring the importance of influencer marketing.
Market Segmentation
Colombia Perfume Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type:
Parfum or De Parfum
Eau De Parfum (EDP)
Eau De Toilette (EDT)
Eau De Cologne (EDC)
Others
Market Breakup by Product:
Premium Product
Mass Product
Market Breakup by Consumer Group:
Men
Female
Unisex
Market Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Speciality Stores
Online
Others
Competitive Landscape
Market participants are focusing on the production of sustainably sourced perfumes and the integration of cutting-edge technologies within the perfume sector
PVH Corp.
LVMH Moet Hennessy Louis Vuitton SE
CHANEL SA
Dolce & Gabbana S.r.l.
The Estée Lauder Companies Inc.
L'Oréal S.A.
The Avon Company
CETCO S.A. (Belcorp)
Yanbal International
Natura International Inc.
Others
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Latin America Perfume Market Overview
- 5.1 Key Industry Highlights
- 5.2 Latin America Perfume Historical Market (2018-2024)
- 5.3 Latin America Perfume Market Forecast (2025-2034)
- 5.4 Latin America Perfume Market Share by Country
- 5.4.1 Brazil
- 5.4.2 Mexico
- 5.4.3 Argentina
- 5.4.4 Colombia
- 5.4.5 Others
- 6 Colombia Perfume Market Overview
- 6.1 Key Industry Highlights
- 6.2 Colombia Perfume Historical Market (2018-2024)
- 6.3 Colombia Perfume Market Forecast (2025-2034)
- 7 Colombia Perfume Market by Type
- 7.1 Parfum or De Parfum
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Eau De Parfum (EDP)
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Eau De Toilette (EDT)
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Eau De Cologne (EDC)
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Others
- 8 Colombia Perfume Market by Product
- 8.1 Premium Product
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Mass Product
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 9 Colombia Perfume Market by Consumer Group
- 9.1 Men
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Female
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Unisex
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 10 Colombia Perfume Market by Distribution Channel
- 10.1 Supermarkets and Hypermarkets
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Convenience Stores
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Speciality Stores
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 Online
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Others
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyers Powers
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Trade Data Analysis (HS Code: 333)
- 12.1 Major Importing Countries
- 12.1.1 By Volume
- 12.1.2 By Value
- 12.2 Major Exporting Countries
- 12.2.1 By Volume
- 12.2.2 By Value
- 13 Competitive Landscape
- 13.1 Supplier Selection
- 13.2 Key Global Players
- 13.3 Key Regional Players
- 13.4 Key Player Strategies
- 13.5 Company Profiles
- 13.5.1 PVH Corp.
- 13.5.1.1 Company Overview
- 13.5.1.2 Product Portfolio
- 13.5.1.3 Demographic Reach and Achievements
- 13.5.1.4 Certifications
- 13.5.2 LVMH Moet Hennessy Louis Vuitton SE
- 13.5.2.1 Company Overview
- 13.5.2.2 Product Portfolio
- 13.5.2.3 Demographic Reach and Achievements
- 13.5.2.4 Certifications
- 13.5.3 CHANEL SA
- 13.5.3.1 Company Overview
- 13.5.3.2 Product Portfolio
- 13.5.3.3 Demographic Reach and Achievements
- 13.5.3.4 Certifications
- 13.5.4 Dolce & Gabbana S.r.l.
- 13.5.4.1 Company Overview
- 13.5.4.2 Product Portfolio
- 13.5.4.3 Demographic Reach and Achievements
- 13.5.4.4 Certifications
- 13.5.5 The Estée Lauder Companies Inc.
- 13.5.5.1 Company Overview
- 13.5.5.2 Product Portfolio
- 13.5.5.3 Demographic Reach and Achievements
- 13.5.5.4 Certifications
- 13.5.6 L'Oréal S.A.
- 13.5.6.1 Company Overview
- 13.5.6.2 Product Portfolio
- 13.5.6.3 Demographic Reach and Achievements
- 13.5.6.4 Certifications
- 13.5.7 The Avon Company
- 13.5.7.1 Company Overview
- 13.5.7.2 Product Portfolio
- 13.5.7.3 Demographic Reach and Achievements
- 13.5.7.4 Certifications
- 13.5.8 CETCO S.A. (Belcorp)
- 13.5.8.1 Company Overview
- 13.5.8.2 Product Portfolio
- 13.5.8.3 Demographic Reach and Achievements
- 13.5.8.4 Certifications
- 13.5.9 Yanbal International
- 13.5.9.1 Company Overview
- 13.5.9.2 Product Portfolio
- 13.5.9.3 Demographic Reach and Achievements
- 13.5.9.4 Certifications
- 13.5.10 Natura International Inc.
- 13.5.10.1 Company Overview
- 13.5.10.2 Product Portfolio
- 13.5.10.3 Demographic Reach and Achievements
- 13.5.10.4 Certifications
- 13.5.11 Others
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