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Perfume & Fragrance Stores in the US - Industry Market Research Report

Publisher IBISWorld
Published Sep 17, 2024
Length 76 Pages
SKU # IBSS19343126

Description

Perfume & Fragrance Stores in the US - Industry Market Research Report


Perfume & Fragrance Stores in the US

The Perfume and Fragrance Stores industry has grown to some extent over the five years to 2023, though it was hindered by unfavorable economic conditions. Perfume and fragrance products are discretionary items, and as a result, they are highly sensitive to fluctuations in both disposable income and consumer confidence. Industry revenue has stalled over the past five years, thanks to diminished consumer confidence, fluctuating disposable income and increasing price competition among operators. Heightened e-commerce activity has resulted in waning mall foot traffic, putting additional downward pressure on brick-and-mortar stores like those in this industry, though ultimately contributing to industry revenue. The outbreak of COVID-19 in 2020 forced nonessential businesses to temporarily close to mitigate the spread of the virus, including perfume and fragrance stores. In 2023, revenue is expected to increase 2.0% to $8.8 billion

Stores in this industry sell men’s and women’s fragrances, including perfumes and colognes.

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."

Table of Contents

76 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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