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Fragrance Market Outlook 2022 - 2026

Daily Updated Industry Statistics and Top Emerging Trends about the Fragrance Industry

Global Fragrance Trends in 2022

Fragrance is part of Flavors And Fragrances. You may also be interested in Essential Oil.

In 2021, the United States was the highest contributor in Global Fragrance Consumption with $17,203,000,000, making up 25.8% of the Global total. The United Kingdom, Japan and Germany respectively came in numbers 2, 3 and 4 in this ranking. Thailand jumped by 127.2% year on year, while Kuwait fell by 7.7% year on year since 2017. Global fragrances exports are expected to reach around 746 million kilograms by 2026, up from 713 million kilograms in 2021. This is an average yearly increase of 0.9%. Since 2017, the global supply has grown by 2.2% annually. In 2021, France was the leading exporter with 116.6 million kilograms, followed by the United Arab Emirates, Spain and the United States. Nigeria saw the biggest yearly growth of 246.9%, while Brunei saw the biggest fall of 41.9% since 2017. Global fragrances consumption is forecast to reach around $68.6 billion by 2026, up from $65.4 billion in 2021. This is an average yearly growth rate of 0.8%. Since 2017, the global demand has risen by 2.1% each year. The United States was the top consumer in 2021 with $17.2 billion, accounting for 25.8% of the global total. The United Kingdom, Japan and Germany followed in that order. Thailand saw the biggest yearly growth of 127.2%, while Kuwait saw the biggest decline of 7.7% since 2017.

Top 10 countries

In 2022 major markets in the Fragrance Industry were:

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