Global Perfume Market Share, Size, Price Trends And Research Report 2018-2023

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Global Perfume Market Triggered by Growing Demand
for Exotic Fragrances
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Report Description and Highlights
Report Description
Global Perfume Market Triggered by Growing Demand
for Exotic Fragrances The global perfume market
has experienced a healthy growth over the past
several years. This can be accredited to the
increase in the spending power of the consumers
in confluence with innovative product packaging
and advertising techniques. Perfumes are made
from the mixture of fragrant essential oils or
aroma compounds, fixatives and solvents, used to
give human bodies, animals, objects, and living
spaces a pleasing scent. The natural ingredients
used to manufacture perfumes include flowers,
grasses, spices, fruits, woods, roots, resins,
balsams, leaves, gums, and animal secretions. A
new research report by IMARC Group,
titled Perfume Market Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2018-2023, estimates that the market was worth
US 36 Billion in 2017. The report further
anticipates the market to cross US 49.6 Billion
by 2023, at a projected CAGR of 5.5 over the
forecast period.
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Report Description and Highlights
Report Description
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Report Description and Highlights
Report Description

• Global Perfume Market Drivers/Constraints
• The rising trend of personal grooming along with
  a growing demand for youth-oriented as well as
  exotic fragrances are the major factors driving
  the growth of the global perfume market.
• The increasing customer spending on luxury
  fragrances owing to inflating disposable incomes
  and improving standards of living are bolstering
  the demand for perfumes worldwide.
• The product diversification by manufacturers,
  growing urbanization, aggressive advertising and
  rising population are some of the other major
  factors impelling the demand for perfumes across
  the globe.
• However, the side effects of the chemical
  materials used in the manufacturing of perfumes
  are anticipated to hinder the growth of global
  perfume market.
• Read full report _at_ https//www.imarcgroup.com/perf
  ume-manufacturing-plant

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Report Description and Highlights
Report Description
Product Type Insights On the basis of product
type, the market has been segmented into premium
and mass perfume products. Currently, premium
perfume products are the most popular type
dominating the global perfume market. This can be
attributed to the greater emphasis on quality and
personalization which are not offered by mass
products. Category Insights Based on perfume
categories, female fragrances dominate the
perfume market, accounting for nearly two-thirds
of the total share. Female fragrances are
followed by male fragrances and unisex
fragrances. Regional Insights Region-wise,
Brazil represents the worlds largest market for
perfumes. The important role of fragrances in the
Brazilian culture as a sign of personal care,
beauty and enhanced self-esteem has contributed
to the market growth in the country. It is
followed by the United States, Germany, France
and Russia. Request Sample Of The Report
https//www.imarcgroup.com/request?typereportid
631flagB  
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Report Description and Highlights
Report Description

• Competitive Landscape
• The global perfume market is fragmented in nature
  with a large number of small and big players
  operating in the industry. The premium perfume
  market, however, is driven by strong brand
  recognitions with some of the larger players
  controlling a significant share of this market.
  Some of the leading players operating in the
  market are
• Avon Products Inc.
• Natura Cosméticos SA
• Chanel SA
• Coty Inc.
• LVMH
• LOreal Groupe
• Browse more related reports
• Face Make-up Market https//www.imarcgroup.com/fa
  ce-makeup-market
• Male Toiletries Market https//www.imarcgroup.com
  /male-toiletries-market

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Report Description and Highlights
Report Description

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