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Global Perfumes and Fragrances Market 2015-2019

Global Perfumes and Fragrances Market 2015-2019

Market outlook of the global perfumes and fragrances market

The global fragrances and perfumes market is expected to grow at a CAGR of around 2% by 2019. The rise in demand from emerging markets, such as APAC, Latin America, and Eastern Europe, and increased online sales of fragrances and perfumes are predicted to bolster the prospects for growth in this market during the forecast period.

Technavio's market research analyst has estimated eminent factors, such as the recent rise in e-retail of fragrances and perfumes, to drive market growth during the forecast period. Recently, it has been observed that individuals prefer to shop online as it helps to save time and is more convenient. This trend of online shopping is envisaged to bolster market growth as it helps vendors to augment sales and spread brand awareness. 

Segmentation by product and analysis of the fragrances and perfumes market

Premium
Mass
The premium segment currently dominates the global fragrances and perfumes market and is anticipated to maintain its dominance over the market by the end of 2019. Factors like the rising disposable income of the populace and a rise in the availability of all brands through online channels are examples of some growth-promoting factors in this segment.

Geographical segmentation of the fragrances and perfumes market

APAC
Europe
North America
ROW
Technavio market research analysts estimate the North American region to dominate the global market for perfumes and fragrances by the end of 2019. Factors like the improving economy, the rise in the sales of premium brands, and the launch of new products in this region are some of the significant factors that spur market growth in this region during the forecast period.

Competitive landscape and key vendors

The global fragrances and perfumes market is highly competitive and consists of multiple vendors and large retail chains. The specialist retailers in this market face serious challenges from the retail giants as they have the ability to offer products at lower prices when compared to specialist retailers.

The top vendors in the market are -

Bvlgari
Chanel
Coty
Estee Lauder
Gucci
Other prominent vendors in the market are Abdul Samad Al Qurashi, Azzaro, Carolina Herrera, Clarins, Kate Spade, LVMH, Nina Ricci, Oriflame, Shiseido, Versace.

Key questions answered in the report include

What will the market size and the growth rate be in 2019?
What are the key factors driving the global perfumes and fragrances market?
What are the key market trends impacting the growth of the perfumes and fragrances market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the vendors in the global perfumes and the fragrances market?
Trending factors influencing the market shares of the North Americas, APAC, Europe, and ROW.
What are the key outcomes of the five forces analysis of the perfumes and fragrances market?
Technavio also offers customization on reports based on specific client requirement.

Related reports:

Global cosmetic and perfumes glass bottle market 2015-2019
Flavors and Fragrances Market in Latin America 2015-2019


Press Release

Technavio Announces the Publication of its Research Report – Global Perfumes and Fragrances Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Fragrances and Perfumes Market: Bvlgari, Chanel, Coty, Estee Lauder and Gucci

Other Prominent Vendors in the market are: Abdul Samad Al Qurashi, Azzaro, Carolina Herrera, Clarins, Kate Spade, LVMH, Nina Ricci, Oriflame, Shiseido, and Versace.

Commenting on the report, an analyst from Technavio’s team said: “The ease of availability of foreign brands through online portals, specialty stores, and the growth in organized retail outlets are some of the factors resulting in higher spending on foreign brands. The growth in organized retail is another trend that is expected to contribute to the growth of the market during the forecast period.”

According to the report, the rise in demand from emerging markets, such as APAC, Latin America, and Eastern Europe, and increased online sales of fragrances and perfumes are predicted to bolster the prospects for growth in this market during the forecast period.

Further, the report states that the major challenge hindering the growth of this market is the availability of counterfeit products. These products are available in packages similar to original products and consumers sometimes cannot see much difference between the original and the fake product.

Companies Mentioned

Bvlgari, Chanel, Coty, Estee Lauder, Gucci, Abdul Samad Al Qurashi, Azzaro, Carolina Herrera, Clarins, Kate Spade, LVMH, Nina Ricci, Oriflame, Shiseido, and Versace.

  • Executive summary
    • Highlights
  • Scope of the report
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global beauty and personal care market by product 2014 ($ billions)
      • Table Global beauty and personal care market by product 2014
    • Types of fragrances
    • Market size and forecast
      • Table Global fragrances and perfumes market 2014-2019 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by distribution channel
    • Table Global fragrances and perfumes market by distribution channel 2014
    • Table Global fragrances and perfumes market by distribution channel 2019
  • Market segmentation by end-users
    • Table Global fragrances and perfumes market by end-users 2014
    • Table Global fragrances and perfumes market by end-users 2019
  • Market segmentation by price
    • Table Global fragrances and perfumes market by price 2014 and 2019
    • Global premium fragrances and perfumes market
      • Table Global premium fragrances and perfumes market 2014-2019 ($ billions)
    • Global mass fragrances and perfumes market
      • Table Global mass fragrances and perfumes market 2014-2019 ($ billions)
  • Geographical segmentation
    • Table Global fragrances and perfumes market by geographical segmentation 2014
    • Table Global fragrances and perfumes market by geographical segmentation 2019
    • Fragrances and perfumes market in North America
      • Table Fragrances and perfumes market in North America ($ billions)
    • Fragrances and perfumes market in APAC
      • Table Fragrances and perfumes market in APAC ($ billions)
    • Fragrances and perfumes market in Europe
      • Table Fragrances and perfumes market in Europe 2014-2019 ($ billions)
    • Fragrances and perfumes market in ROW
      • Table Fragrances and perfumes market in ROW ($ billions)
  • Key leading countries
    • Table Key leading countries
  • Market drivers
    • Table Major drivers in global fragrances and perfumes market
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Major challenges in global fragrances and perfumes market
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Major trends in global fragrances and perfumes market
  • Vendor landscape
    • Competitive scenario
      • Table Major vendors in global fragrances and perfumes market
    • Other prominent vendors
  • Key vendor analysis
    • Bvlgari
      • Table Bvlgari: Business segmentation
    • Chanel
      • Table Chanel: Business segmentation
    • Coty
      • Table Coty: Brand portfolio
      • Table Coty: Business segmentation by revenue 2014
      • Table Coty: Geographical segmentation by revenue 2014
    • Estée Lauder
      • Table Estée Lauder: Product segmentation by revenue 2014
      • Table Estée Lauder: Product segmentation by revenue 2013 and 2014 ($ billions)
      • Table Estée Lauder: Geographical segmentation by revenue 2014
    • Gucci
      • Table Gucci: Business segmentation by revenue 2014
      • Table Gucci: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Gucci: Geographical segmentation by revenue 2014
  • Appendix
    • List of abbreviations
  • Explore Technavio

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