Fragrances Market: By Form (Perfumes, Deodorants, Cologne, Scent, Body Mists, Aftershave, Roll on, Custom-Made), By Aroma (Floral, Oceanic, Oriental, Citrus, Spicy, Woody, Green, Mint, Pungent, Fresh), By Usage (Men, Women, Unisex), By Distribution Channel (Supermarkets, Hypermarkets, Drugstores, Online stores) and Geography

Purchase Option

$ 4400
$ 4600
$ 6900

fragrances market is estimated to be valued at USD 18,644.9 million in 2023 and is poised to grow at a significant CAGR of 4.4% over 2024-2030. Fragrances and perfumes are a mixture of essential oils and aroma compounds with water or alcohol. Some of the common natural ingredients utilized in the production of fragrances include balsams, fruits, grasses, spices, gums, woods, flowers, leaves, resins, roots and animal secretions. The fragrances are widely used for perfumes, deodorants, and other body care and personal care products. These personal care products are widely distributed through supermarkets and hypermarkets, convenience stores, departmental stores, online sales channels, and others. The purchasing of personal care and body care products drastically increased through online sales channels owing to discounts provided by the merchants and better platform to compare the products of multiple brands. Moreover, market players are focusing on R&D and launching new products to maintain the growth in the market.

 

Fragrances Market Key Developments:

  • For instance, in January 2020, The Fragrances and Flavours Association of India (FAFAI) hopes to inaugurate its Research and Development (R&D) centre in Mumbai by the end of the year. Personal grooming is becoming more popular, as is the need for youth-oriented and exotic perfumes. Increased consumer spending on luxury scents due to rising income levels and rising living standards is driving perfume sales even further. 
  • In January 2022, Coty Inc. announced it had started production of the worlds first globally distributed fragrances made using carbon-captured ethanol. In September 2021, Channel SA launched a sustainable cap for perfume bottles made with Finlands Sulapac.

Fragrances Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

4.4%

Largest Market

Europe

Fastest Growing Market

Middle East

Fragrances Market Dynamics

Fashion trends, which are unexpected and always changing, have a major impact on the growth of the fragrances and perfumes business. As a result, prominent market participants are concentrating their efforts on creating intriguing, unique, and innovative scents to appeal to a variety of consumer groups throughout the world. The increased popularity of lighter-scented goods, particularly among millennials, as well as the inexpensive availability of body splashes, body mists, and cologne body sprays, are likely to improve perfume and fragrance product sales in developed countries. Moreover, players are focusing are on expanding production. For instance, in January 2022, Coty Inc. announced it had started production of the world’s first globally distributed fragrances made using carbon-captured ethanol.

Fragrances Market Segmentation

By Form

  • Perfumes
  • Deodorants
  • Cologne
  • Scent
  • Body Mists
  • Aftershave
  • Roll on
  • Custom-Made

By Aroma

  • Floral
  • Oceanic
  • Oriental
  • Citrus
  • Spicy
  • Woody
  • Green
  • Mint
  • Pungent
  • Fresh

By Usage

  • Men
  • Women
  • Unisex

By Distribution Channel

  • Supermarkets
  • Hypermarkets
  • Drugstores
  • Online stores

Frequently Asked Questions

The global fragrances market size was valued at US$ 18,644.9 million in 2023 and is projected to grow at a CAGR of 4.4% from 2024 to 2030.

Loreal, Givaudan, Kilian, Firmenich, Symrise    

Middle East is the fastest-growing region for the fragrances market

Key Features of the Report

  • The fragrances market report provides granular level information about the market size, regional market share, historic market (2019 to 2023) and forecast (2024 to 2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
1.Executive Summary
2.Global Fragrances Market Introduction 
2.1.Global Fragrances Market  - Taxonomy
2.2.Global Fragrances Market  - Definitions
2.2.1.Form
2.2.2.Aroma
2.2.3.Usage
2.2.4.Distribution Channel
2.2.5.Region
3.Global Fragrances Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Fragrances Market Analysis, 2018-2022 and Forecast 2023-2029
4.1.  Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Fragrances Market  By Form, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
5.1. Perfumes
5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Deodorants
5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Cologne
5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Scent
5.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Body Mists
5.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Aftershave
5.6.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
5.7. Roll on
5.7.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.7.3. Market Opportunity Analysis 
5.8. Custom-Made
5.8.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.8.3. Market Opportunity Analysis 
6.Global Fragrances Market  By Aroma, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
6.1. Floral
6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Oceanic
6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Oriental,
6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Citrus
6.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Spicy
6.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Woody
6.6.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
6.7. Green,
6.7.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.7.3. Market Opportunity Analysis 
6.8. Mint
6.8.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.8.3. Market Opportunity Analysis 
6.9. Pungent
6.9.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.9.3. Market Opportunity Analysis 
6.10. Fresh
6.10.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.10.3. Market Opportunity Analysis 
7.Global Fragrances Market  By Usage, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
7.1. Men
7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Women
7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Unisex
7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
8.Global Fragrances Market  By Distribution Channel, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
8.1. Supermarkets
8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Hypermarkets
8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Drugstores
8.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Online stores
8.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
9.Global Fragrances Market  By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10.North America Fragrances Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
10.1. Form Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Perfumes
10.1.2.Deodorants
10.1.3.Cologne
10.1.4.Scent
10.1.5.Body Mists
10.1.6.Aftershave
10.1.7.Roll on
10.1.8.Custom-Made
10.2.  Aroma Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Floral
10.2.2.Oceanic
10.2.3.Oriental,
10.2.4.Citrus
10.2.5.Spicy
10.2.6.Woody
10.2.7.Green,
10.2.8.Mint
10.2.9.Pungent
10.2.10.Fresh
10.3.  Usage Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Men
10.3.2.Women
10.3.3.Unisex
10.4.  Distribution Channel Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Supermarkets
10.4.2.Hypermarkets
10.4.3.Drugstores
10.4.4.Online stores
10.5.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11.Europe Fragrances Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
11.1. Form Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Perfumes
11.1.2.Deodorants
11.1.3.Cologne
11.1.4.Scent
11.1.5.Body Mists
11.1.6.Aftershave
11.1.7.Roll on
11.1.8.Custom-Made
11.2.  Aroma Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Floral
11.2.2.Oceanic
11.2.3.Oriental,
11.2.4.Citrus
11.2.5.Spicy
11.2.6.Woody
11.2.7.Green,
11.2.8.Mint
11.2.9.Pungent
11.2.10.Fresh
11.3.  Usage Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Men
11.3.2.Women
11.3.3.Unisex
11.4.  Distribution Channel Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Supermarkets
11.4.2.Hypermarkets
11.4.3.Drugstores
11.4.4.Online stores
11.5.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
11.5.7.
12.Asia Pacific (APAC) Fragrances Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
12.1. Form Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Perfumes
12.1.2.Deodorants
12.1.3.Cologne
12.1.4.Scent
12.1.5.Body Mists
12.1.6.Aftershave
12.1.7.Roll on
12.1.8.Custom-Made
12.2.  Aroma Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Floral
12.2.2.Oceanic
12.2.3.Oriental,
12.2.4.Citrus
12.2.5.Spicy
12.2.6.Woody
12.2.7.Green,
12.2.8.Mint
12.2.9.Pungent
12.2.10.Fresh
12.3.  Usage Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Men
12.3.2.Women
12.3.3.Unisex
12.4.  Distribution Channel Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Supermarkets
12.4.2.Hypermarkets
12.4.3.Drugstores
12.4.4.Online stores
12.5.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13.Middle East and Africa (MEA) Fragrances Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
13.1. Form Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Perfumes
13.1.2.Deodorants
13.1.3.Cologne
13.1.4.Scent
13.1.5.Body Mists
13.1.6.Aftershave
13.1.7.Roll on
13.1.8.Custom-Made
13.2.  Aroma Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Floral
13.2.2.Oceanic
13.2.3.Oriental,
13.2.4.Citrus
13.2.5.Spicy
13.2.6.Woody
13.2.7.Green,
13.2.8.Mint
13.2.9.Pungent
13.2.10.Fresh
13.3.  Usage Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Men
13.3.2.Women
13.3.3.Unisex
13.4.  Distribution Channel Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Supermarkets
13.4.2.Hypermarkets
13.4.3.Drugstores
13.4.4.Online stores
13.5.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14.Latin America Fragrances Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
14.1. Form Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Perfumes
14.1.2.Deodorants
14.1.3.Cologne
14.1.4.Scent
14.1.5.Body Mists
14.1.6.Aftershave
14.1.7.Roll on
14.1.8.Custom-Made
14.2.  Aroma Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Floral
14.2.2.Oceanic
14.2.3.Oriental,
14.2.4.Citrus
14.2.5.Spicy
14.2.6.Woody
14.2.7.Green,
14.2.8.Mint
14.2.9.Pungent
14.2.10.Fresh
14.3.  Usage Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Men
14.3.2.Women
14.3.3.Unisex
14.4.  Distribution Channel Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Supermarkets
14.4.2.Hypermarkets
14.4.3.Drugstores
14.4.4.Online stores
14.5.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.LOreal International
15.2.2.Elizabeth Arden Inc. 
15.2.3.Bvlgari Parfums
15.2.4.Estee Lauder Companies Inc
15.2.5.Coty, Inc.
15.2.6.Clarins Fragrance group
15.2.7.Beaute Prestige International 
15.2.8.Avon Products, Inc
15.2.9.Chanel SA
15.2.10.Cartier Perfumes International 
15.2.11.Calvin Klein, Inc.
15.2.12.Cacharel 
16. Research Methodology 
17. Appendix and Abbreviations 
  • LOreal International (France)
  • Elizabeth Arden Inc. (U.S.)
  • Bvlgari Parfums (Italy)
  • Estee Lauder Companies Inc. (U.S.)
  • Coty, Inc. (U.S.)
  • Clarins Fragrance group (France)
  • Beaute Prestige International (France)
  • Avon Products, Inc (U.S.)
  • Chanel SA (France)
  • Cartier Perfumes International (France)
  • Calvin Klein, Inc.(U.S.)
  • Cacharel (France)
  • Integra Fragrances

Adjacent Markets