Over the five years to 2017, the Perfume and Fragrance Manufacturing industry has slowly expanded, as growth in the macroeconomic climate has enabled more shoppers to splurge on industry goods. Industry goods are typically sold at retailers of nonessential items, such as luxury department stores and cosmetics stores. As macroeconomic drivers such as disposable income and consumer confidence have trended upward over the five years to 2017, more consumers have splurged on items sold by these retailers, including perfume. Despite high demand, revenue growth has been hampered by an appreciation of the US dollar relative to the currencies of the country's major trading partners. Over the five years to 2022, industry revenue is forecast to continue increasing.
Companies in this industry manufacture men’s and women’s perfumes and fragrances. Perfume is a mixture of fragrant essential oils and aroma compounds, fixatives and solvents used to give the human body a pleasant scent.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.