Perfume Market To Reach US$ 45 Billion By 202


Posted March 23, 2020 by johnmarshall

The global perfume market reached a value of US$ 36 Billion in 2018 and is further expected to reach US$ 45 Billion by 2024.
 
Perfume also offers aromatherapeutic benefits such as relieving stress, easing out mind and increasing energy levels. According to a new report by Expert Market Research.

Get a Free Sample Report – https://www.expertmarketresearch.com/request?type=report&flag=B&id=42

Competitive Landscape & Supplier Analysis:

1. Avon Products, Inc. (NYSE: AVP)
2. Natura Cosmeticos SA (BVMF: NATU3)
3. Chanel S.A.
4. Coty Inc (NYSE: COTY)
5. LVMH Moët Hennessy-Louis Vuitton
6. L’Oréal
7. The Estée Lauder Companies Inc.
8. The Procter & Gamble Company

Perfume which was earlier considered to be a trivial commodity, has now turned into an everyday personal grooming product. It provides pleasant smell which adds to one’s personality and boosts confidence.

Read full report summary with Table of Content – https://www.expertmarketresearch.com/reports/perfume-market

Perfumes are fragrance liquids typically made from essential oils extracted from flowers or spices and are used to give a pleasant odour to one’s body. Perfume market is a consumer-driven industry which is day-by-day turning from less-essential commodity to a staple day-to-day personal grooming product. During 2014-2018, the global perfume market grew at a CAGR of around 5%. The market is currently being driven by the growing trend towards consumer urbanisation, higher spending incomes and the increasing importance on personal appearance and grooming. In addition, the rising demand for youth-oriented, floral, exotic fragrances and celebrity perfumes are expected to drive the market in the coming years. This report by Expert Market Research entitled “Perfume Market Report and Forecast 2019–2024” provides a comprehensive analysis for anyone who plans to foray into the perfume market.

Chapter 1 Preface
1.1 Research Methodology and Market Definitions
1.2 Introduction
1.3 Report Summary
Chapter 2 Global Perfume Market: Industry Overview
2.1 Key Factors Driving the Perfume Industry
2.2 Market Trends
2.3 Market Breakup by Region
2.3.1 North America
2.3.2 South America
2.3.3 Europe
2.3.4 Asia Pacific
2.3.5 Middle East and Africa
2.4 Market by Perfume Type
2.4.1 Premium Products
2.4.2 Mass Products
2.5 SWOT Analysis
2.5.1 Strengths
2.5.2 Weaknesses
2.5.3 Opportunities
2.5.4 Threats
2.6 Value Chain Analysis
2.7 Imports and Exports
2.8 Market Outlook
Chapter 3 Porters Five Forces Analysis
3.1 Bargaining Power of Suppliers
3.2 Bargaining Power of Buyers
3.3 Threat of New Entrants
3.4 Threat of Substitutes
3.5 Degree of Competition

Related Links:

https://www.expertmarketresearch.com/reports/bath-soap-market
https://www.expertmarketresearch.com/reports/hand-sanitizer-market
https://www.expertmarketresearch.com/reports/vegan-cosmetics-market
https://www.expertmarketresearch.com/reports/cosmetic-ingredients-market

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Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture

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Issued By john Marshall
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Categories Business , Industry , Services
Tags perfume market analysis , perfume market growth , perfume market industry , perfume market outlook , perfume market price , perfume market share , perfume market size , perfume market trends
Last Updated March 23, 2020