Fragrances Market Analysis 2030 - Unveiling Size, Share, Growth, Trends, and Industry Insights
MarkNtel Advisors recently published a detailed industry analysis of the Global Fragrances Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Fragrances Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The Fragrances Market size was valued at around USD 66.59 billion in 2024 and is projected to reach USD 98.32 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.71% during the forecast period, i.e., 2025-30.
What are the major Driver the Global Fragrances industry?
Booming Demand for Cosmetics to Upscale the Market Growth Graph – The Fragrances Market is being driven by the growing number of working women & their increased spending on cosmetics. This trend is expected to strengthen fragrance demand alongside the rising interest in personal care products. Additionally, the expanding global population of elderly individuals is driving the demand for anti-aging cosmetic products, many of which include scents in creams, serums, and facial oils. Thus, consumers' willingness to invest in advanced anti-aging treatments to reduce imperfections, wrinkles, and dark spots while enhancing skin tone is further fuelling the demand for fragrances. Consequently, the aging population's tilt toward cosmetic products and the consumers' pursuit of enhanced attractiveness would instigate the Fragrances Market share in the future years.
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What segments define the Global Fragrances Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
By Product Type
- Personal Care
- Cosmetics
- Deodorants & Perfumes
- Household Care
- Room Fresheners
- Bathroom Fresheners
- Others (Oral Care, Fabric Care, etc.)
According to report, Household fragrances are gaining traction worldwide, accounting for the largest share of the Global Fragrances Market.
By Ingredient
- Natural
- Synthetic
According to report, Fragrances with Natural Ingredients are witnessing an upward demand and are predicted to hold a significant share of the Fragrances Market in the forecast years.
By Distribution Channel
- Offline
- Hypermarket/ Supermarket
- Retail Stores
- Others (Convenience Stores, Departmental Stores etc.)
- Online
Explore the Complete Global Fragrances Market Analysis Report – https://www.marknteladvisors.com/research-library/fragrances-market.html
Geographical Analysis: Global Fragrances Market
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Global Fragrances Market Share & Competitive Landscape:
The Fragrances Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Global Fragrances Market are:
- Ajmal Perfumes Pvt. Ltd.
- Attar Al Has
- Chanel S A
- Church & Dwight Co. Inc.
- Estee Lauder Co. Inc.
- Givaudan SA
- Firmenich SA
- Hindustan Unilever Limited
- International Flavors & Fragrances
- Natura & Co.
- Procter & Gamble Health Ltd.
- Revlon Inc.
- SC Johnson & Son Inc.
- Shanghai Ligan Perfume Cosmetics Co. Ltd.
- Shiseido Co.Ltd.
- The Avon Co.
- The Perfume Company
- Others (Burberry Group PLC, Calvin Klein etc.)
The Global Fragrances Industry Recent Development:
- 2023: Estee Lauder Companies Inc. has unveiled Beautiful Magnolia L'Eau, a fresh fragrance tailored for women. This new addition to their product line aims to diversify their offerings and drive profitability.
- 2022: L’Oréal S.A. has reintroduced its high-end beauty label Lancôme in India, planning to offer a range of makeup, fragrances, and skincare items under the Lancôme brand across the country.
Questions Addressed in this Study
1.What factors are driving the Global Fragrances Market growth?
2.How is the Global Fragrances Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Global Fragrances Market?
4.What is the current size of the Global Fragrances Market, and how is it projected to change in the future?
6.What is the future outlook for the Global Fragrances Market in terms of technological advancements and market expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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