Fragrance sector: must-read reports and statistics

 
  • Currently 2/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
53 votes
Share

Global Fragrance Industry

 

The world fragrance and perfume industry is expected to exceed $36 billion in 2017, according to research from Global Industry Analysts. Market growth is fuelled by demand from emerging markets and consumer lifestyle trends granting an increasingly central place to grooming. Market growth is, however, inconsistent across various geographic zones because growth in any one geographic zone depends on the living standards, disposable income and GDP of the country. Consumer demand for fragrances and perfumes is largely dependent on demographics and lifestyle trends, in particular the importance of luxury and status.

 

 

Regional Market Share

 

  • In 2010, the fragrance and perfume sector within the G8 nations (US, Canada, Germany, France, UK, Italy, Russia and Japan) generated revenue of almost $16.3 billion, having maintained a yearly growth rate of almost 1% over the four preceding years, reports MarketLine. The market has a forecast worth of almost $18 billion for 2015, representing a climb to almost 2% yearly growth over five years. The US leads the G8 fragrances and perfumes market with close to 33% market share, having generated close to $5.3 billion in 2010. The US is predicted to remain dominant in the G8 market, and should reach almost $5.7 billion in 2015.

 

  • Global Industry Analysts places the EU at the top of the global fragrances and perfumes market. Many EU fragrance and perfume manufacturers dominate the world market, with their brands carrying a certain cachet all over the world. The market segment represented by men’s fragrances and perfumes is strong, with three quarters of EU men using male fragrance. In certain countries – such as Slovenia, Romania and Italy – the men’s fragrance market segment is larger than that of women’s fragrances.

 

  • Consumption of perfumes and fragrances in Asia is relatively low, aside from Hong Kong and Singapore, according to research from Global Industry Analysts. This low consumption rate can be attributed not only to economic climates but also to the traditional perception of perfumes and heavy scents being used as a way to mask body odor. Growth potential in these regions is vast, especially as Asian women are following Western trends in fashion and personal care, and are very receptive to using well-known brands as a composing factor of their personal image.

 

  • China’s private label penetration rate in the perfume and fragrance market currently stands as less than 5%, according to research from Canadean. EU fragrances remain popular in China, due to brand loyalty and good levels of disposable income. Changing age structures are shaping China’s fragrances market. This points to the importance for suppliers of targeting the younger population to attract new consumers. Large retailers do not feature as an important distribution channel in the Chinese fragrances market. International names such as Walmart and Carrefour hold only a minority share of the market. Consumers in China favor specialty stores for fragrance purchases, pointing to the importance for supplies of building up good relationships with independent retailers.

 

  • In the US perfumes and fragrances market, though private label penetration is quite low in general, it is higher when it comes to female fragrances than scents for men or unisex fragrances, reports Canadean. Urbanites represent almost three quarters of the unisex fragrances market, with rural dwellers contributing just over a quarter in terms of market share. Urbanites would therefore seem more inclined to purchase unisex fragrances, while consumers in rural areas remain faithful to male and female fragrances.

 

  • The UK fragrance market has been experiencing growing demand from men, though the economic recession saw the luxury market suffer, according to KeyNote research. Sales of male fragrances and toiletries have, however, been quite moderate in relative terms, pointing to a male attitude toward these products as necessities. Sales usually helped by a boost during holiday seasons have witnessed some degree of decline over recent years as the economic recession saw consumers cut spending in general and splashing out less around festive periods. It is predicted that the men’s toiletries and fragrances market in the UK will grow to €1.75 billion by 2015. Growth will be fuelled by the launch of new products and increased consumer spending linked to economic recovery.

 

 

Industry Leaders

 

Leading players currently operating in the global perfume and fragrance market include Coty, Polo Ralph Lauren, Avon, Procter & Gamble, L’Oreal, Chanel, Estee Lauder, LVMH, Gucci, Bulgari, Puig, Elizabeth Arden and Versace.

 

 

Market Outlook

 

Future growth in the global perfumes and fragrances market will be driven by the development of new products, including fragrances catering for consumers favoring natural products and environmentally friendly ingredients. Suppliers will also cater more to specific consumer segments such as fragrances for babies and young children, reports Global Industry Analysts. Scents specifically for teenagers represent an area with huge potential for growth, with baby boomers the second-most lucrative demographic consumer segment. Suppliers will therefore likely concentrate their efforts on these two groups.

 

 

Leading Industry Associations

 

Instantly download all the latest fragrance industry reports & statistics to accomplish a thorough analysis.
1-10 of 78 reports

Global Fragrance Analysis

  • January 2014
    12 pages
  • United States  

    Asia  

    United Arab Emi  

View report >

Fragrance Industry in the US

  • January 2014
    12 pages
  • Fragrance  

    Cosmetic And To  

View report >

Fragrance Industry in Europe

  • December 2013
    8 pages
  • Fragrance  

    Hygiene Product  

  • Europe  

View report >

The future of the Fragrance Industry in India

  • January 2013
    5 pages
  • Fragrance  

  • India  

    World  

View report >

Global Fragrance Markets Forecast

  • November 2014
    4 pages
  • Fragrance  

  • World  

    Asia  

    Europe  

View report >

Perfume Demand Forecast

  • July 2014
    7 pages
  • Perfume  

View report >

Deodorant Analysis

  • April 2014
    44 pages
  • Deodorant  

  • United States  

    Europe  

View report >

Fragrance Industry in Germany Forecast

  • January 2014
    4 pages
  • Fragrance  

  • Germany  

View report >

Fragrance Industry

  • January 2014
    12 pages
  • Fragrance  

    Cosmetic And To  

View report >

Perfume Markets in Russia

  • December 2013
    32 pages
  • Cosmetic  

    Perfume  

  • Russian Federat  

    Europe  

View report >

Search in Fragrance Industry (78 reports)
Topics under Fragrance

Parent industry:  Cosmetic and Toiletry

Related industries: Body Care and Hygiene, Make-Up, Organic and Natural Toiletry

About 1 600 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 55 - $ 9 141)

Planet Parfum-Belgium

Planet Parfum-Belgium

  • $ 9 141
  • Company report
  • March 2015
  • by PureData

Description of Content of Retailer Reports The report consist of a main PDF file of about 450 pages, about 9500 web pages, about 14,500 spreadsheets, about 14,500 database tables, and a large number of ...

The Perfume Shop-irish Republic

March 2015 $ 9 141

Gala Perfumeries-spain

March 2015 $ 9 141

Julia Perfumeries-spain

March 2015 $ 9 141

The Perfume Shop-united Kingdom

March 2015 $ 9 141

Perfumes Europeos-mexico

March 2015 $ 9 141

Cosmetics, Beauty Supplies & Perfume Stores World Repor ...

March 2015 $ 4 609

Cosmetics, Beauty Supplies & Perfume Store Lines World ...

March 2015 $ 4 609

Cosmetics, Beauty Supplies & Perfume Stores Europe Repo ...

March 2015 $ 2 969

Cosmetics, Beauty Supplies & Perfume Store Lines Europe ...

March 2015 $ 2 969


ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - quickly, in one place.