GlobeNewswire
Dublin, April 15, 2021 (GLOBE NEWSWIRE) -- The "Perfume Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. Perfumes are composed of fragrances or essential oils which are used to provide a pleasant smell. Some of the common natural ingredients utilised in the production of perfumes include spices, woods, flowers, grasses, fruits, resins, leaves, roots, balsams, gums and animal secretions. Perfumes signify a person's style, individuality and personality and a good scent can influence mood, behaviour, perception, emotions and human thoughts. Nowadays, the manufacturing of perfumes has evolved into a mainstream business in the personal care and cosmetics industry. According to the latest report by the publisher, titled "Perfume Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the global perfume market reached a value of US$ 32.8 Billion in 2020.The global perfume market is gaining traction owing to the rising trend of personal grooming along with the increasing demand for youth-oriented as well as exotic fragrances. Moreover, the product diversification by manufacturers is attracting a larger consumer-base. Apart from this, increasing consumer spending on luxury fragrances on account of inflating income levels and improving standards of living are further boosting the sales of perfumes. Other major factors propelling the demand for perfumes worldwide are rapid urbanisation, increasing population and aggressive advertising by the manufacturers. However, the availability of counterfeit products represents one of the major challenges faced by the market. Looking forward, the global perfume market is expected to exhibit moderate growth during the next five years.Market Summary: Based on perfume type, the market has been segmented as premium and mass perfume products. Currently, premium perfume products dominate the market, holding the largest share.On the basis of category, female fragrances lead the market, accounting for the majority of the market share. They are followed by male and unisex fragrances.On the basis of distribution channel, the market has been segmented into speciality stores, departmental stores, online stores, hypermarkets & supermarkets and others. Currently, speciality stores dominate the market, holding the largest share.Region-wise, the market has been segmented into Brazil, the United States, France, Germany and Russia. Amongst these, Brazil represents the largest market, accounting for majority of the global market. The competitive landscape of the market has also been examined with some of the key players being Avon Products Inc., Natura Cosmeticos SA, Chanel SA, Coty Inc., LVMH and L'Oreal SA.This report provides a deep insight into the global perfume industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a perfume manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the perfume industry in any manner.Key Questions Answered in This Report:1. What was the global perfume market size in 2020?2. What will be the perfume market outlook during the forecast period (2021-2026)?3. What are the major global perfume market drivers?4. What are the major trends in the global perfume market?5. What is the impact of COVID-19 on the global perfume market?6. What is the global perfume market breakup by type?7. What is the global perfume market breakup by category?8. What is the global perfume market breakup by distribution channel?9. What are the major regions in the global perfume market?10. Who are the leading perfume industry market players?Key Topics Covered: 1 Preface2 Scope and Methodology2.1 Objectives of the Study2.2 Stakeholders2.3 Data Sources2.3.1 Primary Sources2.3.2 Secondary Sources2.4 Market Estimation2.4.1 Bottom-Up Approach2.4.2 Top-Down Approach2.5 Forecasting Methodology3 Executive Summary4 Introduction4.1 Overview4.2 Key Industry Trends5 Global Perfume Industry5.1 Market Overview5.2 Market Performance5.3 Impact of COVID-195.4 Market Breakup by Region5.5 Market Breakup by Perfume Type5.6 Market Breakup by Category5.7 Market Breakup by Distribution Channel5.8 Market Forecast5.9 SWOT Analysis5.9.1 Overview5.9.2 Strengths5.9.3 Weaknesses5.9.4 Opportunities5.9.5 Threats5.10 Value Chain Analysis5.10.1 Raw Material Procurement5.10.2 Manufacturers5.10.3 Distributors5.10.4 Exporters5.10.5 Retailers5.10.6 End-Consumers5.11 Porter's Five Forces Analysis5.11.1 Overview5.11.2 Bargaining Power of Buyers5.11.3 Bargaining Power of Suppliers5.11.4 Degree of Rivalry5.11.5 Threat of New Entrants5.11.6 Threat of Substitutes5.12 Key Market Drivers and Success Factors6 Performance of Key Regions6.1 Brazil6.1.1 Market Trends6.1.2 Market Forecast6.2 United States6.2.1 Market Trends6.2.2 Market Forecast6.3 Germany6.3.1 Market Trends6.3.2 Market Forecast6.4 France6.4.1 Market Trends6.4.2 Market Forecast6.5 Russia6.5.1 Market Trends6.5.2 Market Forecast7 Market by Perfume Type7.1 Premium Perfume Products7.1.1 Market Trends7.1.2 Market Forecast7.2 Mass Perfume Products7.2.1 Market Trends7.2.2 Market Forecast8 Market by Category8.1 Female Fragrances8.1.1 Market Trends8.1.2 Market Forecast8.2 Male Fragrances8.2.1 Market Trends8.2.2 Market Forecast8.3 Unisex Fragrances8.3.1 Market Trends8.3.2 Market Forecast9 Competitive Landscape9.1 Competitive Structure9.2 Major Players10 Perfume Manufacturing Process10.1 Product Overview10.2 Detailed Process Flow10.3 Various Types of Unit Operations Involved10.4 Mass Balance and Raw Material Requirements11 Project Details, Requirements and Costs Involved11.1 Land Requirements and Expenditures11.2 Construction Requirements and Expenditures11.3 Plant Machinery11.4 Raw Materials Requirements and Expenditures11.5 Packaging Requirements and Expenditures11.6 Transportation Requirements and Expenditure11.7 Utilities Requirements11.8 Manpower Requirements and Expenditures11.9 Other Capital Investments12 Perfume Manufacturing Plant: Loans and Financial Assistance13 Perfume Manufacturing Plant: Project Economics13.1 Capital Cost of the Project13.2 Techno-Economic Parameters13.3 Product Pricing and Margins Across Various Levels of the Supply Chain13.4 Taxation13.5 Depreciation13.6 Income Projections13.7 Expenditure Projections13.8 Financial Analysis13.9 Profit Analysis14 Key Player Profiles14.1 Avon Products Inc.14.2 Natura Cosmeticos SA14.3 Chanel SA14.4 Coty Inc.14.5 LVMH14.6 L'Oreal SA For more information about this report visit https://www.researchandmarkets.com/r/4ykc1c CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900