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Global Fragrance Oil Market Forecast up to 2023

Global Fragrance Oil Market Forecast up to 2023

Fragrance Oil Market – Global Drivers, Restraints, Opportunities, Trends, and Forecast up to 2023

The fragrance oil is a synthetically lab made aroma that is used as a major additive in products like perfumes, soaps, shower gel, laundry detergent, and others to provide fragrance to the products. Fragrance oil is classified mainly in these categories i.e., Natural and Synthetic. It provides an aroma longevity of the products.

Research Methodology

The fragrance oil market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology along with an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology. Our industry experts and panel of primary participants have helped us in compiling relevant aspects with realistic parametric estimations for a comprehensive study. The participation share of different categories of primary participants is given below:

Key Market Insights

Fragrance oil is widely utilized in fine fragrances, personal care products, household products, and others to impart aroma to the products. The fragrance oil can be natural or synthetic. The demand for fragrance oil is increasing owing to an increased demand of aromachology or utilization of fragrances for reduction of stress and change in moods.

North America dominates the market currently and is also expected to grow during the forecast period due to intense demand from various applications segment. Asia Pacific is expected to accelerate the market during the forecast period. Some of the prominent key players in the fragrance oil market are Takasago Symrise, Givaudan, International flavors & fragrances, and Firmenich group.

Types:

  • Natural
  • Synthetic
Applications:
  • Fine Fragrances
  • Personal Care
  • Household Products
  • Others
Geography:
  • Asia Pacific
  • North America
  • Europe
  • Rest of the World


1 Executive Summary
1.1 North America has the highest dominance in the fragrance oil market
1.2 Personal care is increasing its market share owing to high growth from developing countries
2 Market Positioning
2.1 Industry Snapshot
2.1.1 Industry Overview
2.1.2 Key Trends
2.2 Related Markets
3 Market Outlook
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Segmentation
4 Market Characteristics
4.1 PESTLE Analysis
4.2 Porter’s Five Force Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.1.1 Increasing usage of aromachology
4.3.1.2 Increased usage of fragrances in personal care and house hold products
4.3.1.3 Increasing demand for custom fragrances
4.3.2 Restraints
4.3.2.1 Increasing regulations by regulatory bodies
4.3.2.2 Increasing demand for natural aroma
4.3.2.3 Fluctuations in raw material prices
4.3.3 Opportunities
4.3.3.1 Increasing demand for alcohol based free perfumes
4.3.3.2 Demand for various different aromas
4.3.3.3 Emerging markets in Asia Pacific
4.3.4 DRO – Impact Analysis
4.4 Patent Analysis
5 Fragrance oil Market, By Type
5.1 Overview
5.2 Natural
5.3 Synthetic
6 Fragrance oil Market, By Application
6.1 Overview
6.2 Fine Fragrances
6.3 Personal Care
6.4 Household
7 Fragrance oil Market, By Geography
7.1 Overview
7.2 Asia Pacific
7.2.1 Asia Pacific fragrance oil Market, By Country
7.2.2 Asia Pacific fragrance oil Market, By Type
7.2.3 Asia Pacific fragrance oil Market, By Application
7.3 North America
7.3.1 North America fragrance oil Market, By Country
7.3.2 North America fragrance oil Market, By Type
7.3.3 North America fragrance oil Market, By Application
7.4 Europe
7.4.1 Europe fragrance oil Market, By Country
7.4.2 Europe fragrance oil Market, By Type
7.4.3 Europe fragrance oil Market, By Application
7.5 Rest of the World
7.5.1 Rest of the World fragrance oil Market, By Region
7.5.2 Rest of the World fragrance oil Market, By Type
7.5.3 Rest of the World fragrance oil Market, By Application
8 Competitive Landscape
8.1 Competitive Regional Exposure Analysis
8.2 Growth Strategies Analysis
8.3 Market Developments
8.3.1 Mergers & Acquisitions (M&A)
8.3.2 Expansions
8.3.3 Business Restructuring
8.3.4 Product Launches & Exhibitions
9 Vendor Profiles
9.1 Takasago
9.1.1 Overview
9.1.2 Product Profile
9.1.3 Business Units
9.1.4 Geographic Revenue
9.1.5 Recent Developments
9.1.6 Business Focus
9.1.7 SWOT Analysis
9.1.8 Business Strategies
9.2 International flavors & fragrances (IFF)
9.2.1 Overview
9.2.2 Product Profile
9.2.3 Business Units
9.2.4 Geographic Revenue
9.2.5 Recent Developments
9.2.6 Business Focus
9.2.7 SWOT Analysis
9.2.8 Business Strategies
9.3 Symrise
9.3.1 Overview
9.3.2 Product Profile
9.3.3 Business Units
9.3.4 Geographic Revenue
9.3.5 Recent Developments
9.3.6 Business Focus
9.3.7 SWOT Analysis
9.3.8 Business Strategies
9.4 Givaudan
9.4.1 Overview
9.4.2 Product Profile
9.4.3 Business Units
9.4.4 Geographic Revenue
9.4.5 Recent Developments
9.4.6 Business Focus
9.4.7 SWOT Analysis
9.4.8 Business Strategies
9.5 Firmenich
9.5.1 Overview
9.5.2 Product Profile
9.5.3 Business Units
9.5.4 Geographic Revenue
9.5.5 Recent Developments
9.5.6 Business Focus
9.5.7 SWOT Analysis
9.5.8 Business Strategies
10 Customers Profile
10.1 Unilever
10.1.1 Overview
10.1.2 Product Profile
10.1.3 Business Focus
10.1.4 Business Strategies
10.2 Procter & Gamble
10.2.1 Overview
10.2.2 Product Profile
10.2.3 Business Focus
10.2.4 Business Strategies
10.3 Loreal
10.3.1 Overview
10.3.2 Product Profile
10.3.3 Business Focus
10.3.4 Business Strategies
10.4 Revlon
10.4.1 Overview
10.4.2 Product Profile
10.4.3 Business Focus
10.4.4 Business Strategies
10.5 Avon
10.5.1 Overview
10.5.2 Product Profile
10.5.3 Business Focus
10.5.4 Business Strategies
11 Companies to Watch for
11.1 LDG International
11.1.1 Overview
11.1.2 Product Profile
11.1.3 (Market Exposure/Differentiating Factor)
12 Annexure
12.1 Report Scope
12.2 Market Definition
12.3 Research Methodology
12.3.1 Data Collation & In-house Estimation
12.3.2 Market Triangulation
12.3.3 Forecasting
12.4 Study Declarations
12.5 Report Assumptions
12.6 Stakeholders
12.7 Abbreviations
13 Expert’s Views
Tables
TABLE 1 GLOBAL FRAGRANCE OIL MARKET VALUE, BY TYPE, 2016–2023 ($MILLION)
TABLE 2 GLOBAL FRAGRANCE OIL MARKET VOLUME, BY TYPE, 2016–2023 (KILOTONS)
TABLE 3 GLOBAL NATURAL FRAGRANCE OIL MARKET VALUE, BY GEOGRAPHY, 2016–2023 ($MILLION)
TABLE 4 GLOBAL NATURAL FRAGRANCE OIL MARKET VOLUME, BY GEOGRAPHY, 2016–2023 (KILOTONS)
TABLE 5 GLOBAL SYNTHETIC FRAGRANCE OIL MARKET VALUE, BY GEOGRAPHY, 2016–2023 ($MILLION)
TABLE 6 GLOBAL SYNTHETIC FRAGRANCE OIL MARKET VOLUME, BY GEOGRAPHY, 2016–2023 (KILOTONS)
TABLE 7 GLOBAL FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2016–2023 ($MILLION)
TABLE 8 GLOBAL FRAGRANCE OIL MARKET VOLUME, BY APPLICATION, 2016–2023 (KILOTONS)
TABLE 9 GLOBALFRAGRANCE OIL IN FINE FRAGRANCES MARKET VALUE, BY GEOGRAPHY, 2016–2023 ($MILLION)
TABLE 10 GLOBAL FRAGRANCE OIL IN FINE FRAGRANCES MARKET VOLUME, BY GEOGRAPHY, 2016–2023 (KILOTONS)
TABLE 11 GLOBAL FRAGRANCE OIL IN PERSONAL CARE MARKET VALUE, BY GEOGRAPHY, 2016–2023 ($MILLION)
TABLE 12 GLOBAL FRAGRANCE OIL IN PERSONAL CARE MARKET VOLUME, BY GEOGRAPHY, 2016–2023 (KILOTONS)
TABLE 13 GLOBAL FRAGRANCE OIL IN HOUSE HOLD MARKET VALUE, BY GEOGRAPHY, 2016–2023 ($MILLION)
TABLE 14 GLOBAL FRAGRANCE OIL IN HOUSE HOLD MARKET VOLUME, BY GEOGRAPHY, 2016–2023 (KILOTONS)
TABLE 15 GLOBAL FRAGRANCE OIL MARKET VALUE, BY GEOGRAPHY, 2016–2023 ($MILLION)
TABLE 16 GLOBAL FRAGRANCE OIL MARKET VOLUME, BY GEOGRAPHY, 2016–2023 (KILOTONS)
TABLE 17 ASIA PACIFIC FRAGRANCE OIL MARKET VALUE, BY GEOGRAPHY, 2016–2023 ($MILLION)
TABLE 18 ASIA PACIFIC FRAGRANCE OIL MARKET VOLUME, BY GEOGRAPHY, 2016–2023 (KILOTONS)
TABLE 19 ASIA PACIFIC FRAGRANCE OIL MARKET VALUE, BY TYPE, 2016–2023 ($MILLION)
TABLE 20 ASIA PACIFIC FRAGRANCE OIL MARKET VOLUME, BY TYPE, 2016–2023 (KILOTONS)
TABLE 21 ASIA PACIFIC FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2016–2023 ($MILLION)
TABLE 22 ASIA PACIFIC FRAGRANCE OIL MARKET VOLUME, BY APPLICATION, 2016–2023 (KILOTONS)
TABLE 23 NORTH AMERICA FRAGRANCE OIL MARKET VALUE, BY GEOGRAPHY, 2016–2023 ($MILLION)
TABLE 24 NORTH AMERICA FRAGRANCE OIL MARKET VOLUME, BY GEOGRAPHY, 2016–2023 (KILOTONS)
TABLE 25 NORTH AMERICA FRAGRANCE OIL MARKET VALUE, BY TYPE, 2016–2023 ($MILLION)
TABLE 26 NORTH AMERICA FRAGRANCE OIL MARKET VOLUME, BY TYPE, 2016–2023 (KILOTONS)
TABLE 27 NORTH AMERICA FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2016–2023 ($MILLION)
TABLE 28 NORTH AMERICA FRAGRANCE OIL MARKET VOLUME, BY APPLICATION, 2016–2023 (KILOTONS)
TABLE 29 EUROPE FRAGRANCE OIL MARKET VALUE, BY GEOGRAPHY, 2016–2023 ($MILLION)
TABLE 30 EUROPE FRAGRANCE OIL MARKET VOLUME, BY GEOGRAPHY, 2016–2023 (KILOTONS)
TABLE 31 EUROPE FRAGRANCE OIL MARKET VALUE, BY TYPE, 2016–2023 ($MILLION)
TABLE 32 EUROPE FRAGRANCE OIL MARKET VOLUME, BY TYPE, 2016–2023 (KILOTONS)
TABLE 33 EUROPE FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2016–2023 ($MILLION)
TABLE 34 EUROPE FRAGRANCE OIL MARKET VOLUME, BY APPLICATION, 2016–2023 (KILOTONS)
TABLE 35 REST OF THE WORLD FRAGRANCE OIL MARKET VALUE, BY GEOGRAPHY, 2016–2023 ($MILLION)
TABLE 36 REST OF THE WORLD FRAGRANCE OIL MARKET VOLUME, BY GEOGRAPHY, 2016–2023 (KILOTONS)
TABLE 37 REST OF THE WORLD FRAGRANCE OIL MARKET VALUE, BY TYPE, 2016–2023 ($MILLION)
TABLE 38 REST OF THE WORLD FRAGRANCE OIL MARKET VOLUME, BY TYPE, 2016–2023 (KILOTONS)
TABLE 39 REST OF THE WORLD FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2016–2023 ($MILLION)
TABLE 40 REST OF THE WORLD FRAGRANCE OIL MARKET VOLUME, BY APPLICATION, 2016–2023 (KILOTONS)
TABLE 41 MERGER & ACQUISITION, 2013–2017
TABLE 42 EXPANSIONS, 2013–2017
TABLE 43 BUSINESS RESTRUCTURING, 2013–2017
TABLE 44 PRODUCT LAUNCHES & EXHIBITIONS, 2013–2017
TABLE 45 TAKASAGO: PRODUCT PROFILE
TABLE 46 TAKASAGO: RECENT DEVELOPMENTS
TABLE 47 IFF: PRODUCT PROFILE
TABLE 48 IFF: RECENT DEVELOPMENTS
TABLE 49 SYMRISE: PRODUCT PROFILE
TABLE 50 SYMRISE: RECENT DEVELOPMENTS
TABLE 51 GIVAUDAN: PRODUCT PROFILE
TABLE 52 GIVAUDAN: RECENT DEVELOPMENTS
TABLE 53 FIRMENICH: PRODUCT PROFILE
TABLE 54 FIRMENICH: RECENT DEVELOPMENTS
TABLE 55 UNILEVER: PRODUCT PROFILE
TABLE 56 P&G: PRODUCT PROFILE
TABLE 57 REVLON: PRODUCT PROFILE
TABLE 58 LOREAL: PRODUCT PROFILE
TABLE 59 AVON: PRODUCT PROFILE
Charts
CHART 1 NORTH AMERICA HAS HIGH DOMINANCE 11
CHART 2 PERSONAL CARE INCREASING ITS MARKET SHARE 12
CHART 3 INDUSTRY SNAPSHOT: FRAGRANCE MARKET (PARENT MARKET NAME) 13
CHART 4 VALUE CHAIN: FRAGRANCE OIL MARKET 16
CHART 5 SEGMENTATION: FRAGRANCE OIL MARKET 16
CHART 6 PESTLE ANALYSIS: FRAGRANCE OIL MARKET 18
CHART 7 PORTER’S 5 FORCE ANALYSIS: FRAGRANCE OIL MARKET 19
CHART 8 MARKET DYNAMICS – DRIVERS, RESTRAINTS & OPPORTUNITIES 19
CHART 9 DRO – IMPACT ANALYSIS: FRAGRANCE OIL MARKET 22
CHART 10 FRAGRANCE OIL MARKET: PATENT ANALYSIS, 2013–2018 23
CHART 11 FRAGRANCE OIL MARKET: PATENT ANALYSIS, BY REGION, 2013–2018 24
CHART 12 GLOBAL FRAGRANCE OIL MARKET VALUE, BY TYPE/MATERIAL, 2016–2023 ($MILLION) 26
CHART 13 GLOBAL NATURAL FRAGRANCE OIL MARKET VALUE, BY GEOGRAPHY, 2016–2023 ($MILLION) 27
CHART 14 GLOBAL SYNTHETIC FRAGRANCE OIL MARKET VALUE, BY GEOGRAPHY, 2016–2023 ($MILLION) 29
CHART 15 GLOBAL FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2016–2023 ($MILLION) 31
CHART 16 GLOBAL FRAGRANCE OIL IN FINE FRAGRANCES MARKET VALUE, BY GEOGRAPHY, 2016–2023 ($MILLION) 32
CHART 17 GLOBAL FRAGRANCE OIL IN PERSONAL CARE MARKET VALUE, BY GEOGRAPHY, 2016–2023 ($MILLION) 34
CHART 18 GLOBAL FRAGRANCE OIL IN HOUSE HOLD MARKET VALUE, BY GEOGRAPHY, 2016–2023 ($MILLION) 36
CHART 19 GLOBAL FRAGRANCE OIL MARKET VALUE, BY GEOGRAPHY, 2016–2023 ($MILLION) 38
CHART 20 ASIA PACIFIC FRAGRANCE OIL MARKET VALUE, BY GEOGRAPHY, 2016–2023 ($MILLION) 39
CHART 21 ASIA PACIFIC FRAGRANCE OIL MARKET VALUE, BY TYPE, 2016–2023 ($MILLION) 41
CHART 22 ASIA PACIFIC FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2016–2023 ($MILLION) 42
CHART 23 NORTH AMERICA FRAGRANCE OIL MARKET VALUE, BY GEOGRAPHY, 2016–2023 ($MILLION) 44
CHART 24 NORTH AMERICA FRAGRANCE OIL MARKET VALUE, BY TYPE, 2016–2023 ($MILLION) 46
CHART 25 NORTH AMERICA FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2016–2023 ($MILLION) 47
CHART 26 EUROPE FRAGRANCE OIL MARKET VALUE, BY GEOGRAPHY, 2016–2023 ($MILLION) 49
CHART 27 EUROPE FRAGRANCE OIL MARKET VALUE, BY TYPE, 2016–2023 ($MILLION) 51
CHART 28 EUROPE FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2016–2023 ($MILLION) 52
CHART 29 REST OF THE WORLD FRAGRANCE OIL MARKET VALUE, BY GEOGRAPHY, 2016–2023 ($MILLION) 54
CHART 30 REST OF THE WORLD FRAGRANCE OIL MARKET VALUE, BY TYPE, 2016–2023 ($MILLION) 56
CHART 31 REST OF THE WORLD FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2016–2023 ($MILLION) 57
CHART 32 COMPETITIVE REGIONAL EXPOSURE ANALYSIS: FRAGRANCE OIL MARKET 59
CHART 33 GROWTH STRATEGIES ANALYSIS: FRAGRANCE OIL MARKET 59
CHART 34 TAKASAGO: OVERVIEW SNAPSHOT 63
CHART 35 TAKASAGO: BUSINESS UNITS 63
CHART 36 TAKASAGO: GEOGRAPHIC REVENUE 64
CHART 37 TAKASAGO: SWOT ANALYSIS 66
CHART 38 IFF: OVERVIEW SNAPSHOT 67
CHART 39 IFF: BUSINESS UNITS 68
CHART 40 IFF: GEOGRAPHIC REVENUE 68
CHART 41 IFF: SWOT ANALYSIS 70
CHART 42 SYMRISE: OVERVIEW SNAPSHOT 71
CHART 43 SYMRISE: BUSINESS UNITS 73
CHART 44 SYMRISE: GEOGRAPHIC REVENUE 73
CHART 45 SYMRISE: SWOT ANALYSIS 75
CHART 46 GIVAUDAN: OVERVIEW SNAPSHOT 76
CHART 47 GIVAUDAN: BUSINESS UNITS 78
CHART 48 GIVAUDAN: GEOGRAPHIC REVENUE 78
CHART 49 GIVAUDAN: SWOT ANALYSIS 80
CHART 50 FIRMENICH: OVERVIEW SNAPSHOT 81
CHART 51 FIRMENICH: BUSINESS UNITS 83
CHART 52 FIRMENICH: GEOGRAPHIC REVENUE 83
CHART 53 FIRMENICH: SWOT ANALYSIS 85
CHART 54 UNILEVER: OVERVIEW SNAPSHOT 87
CHART 55 PROCTER & GAMBLE : OVERVIEW SNAPSHOT 89
CHART 56 LOREAL: OVERVIEW SNAPSHOT 91
CHART 57 REVLON: OVERVIEW SNAPSHOT 92
CHART 58 AVON: OVERVIEW SNAPSHOT 94
CHART 59 RESEARCH METHODOLOGY OF GLOBAL FRAGRANCE OIL MARKET: DATA COLLATION 100
CHART 60 RESEARCH METHODOLOGY OF GLOBAL FRAGRANCE OIL MARKET: TRIANGULATION 100
CHART 61 RESEARCH METHODOLOGY OF GLOBAL FRAGRANCE OIL MARKET: FORECASTING 101

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