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One notable trend in the fragrance fixatives industry is the increasing demand for natural and sustainable options. Consumers are prioritizing eco-friendly products, leading to a shift away from synthetic fixatives towards botanical extracts, essential oils, and biodegradable compounds. This trend aligns with broader sustainability initiatives across industries and reflects changing consumer preferences for clean and transparent ingredients. Additionally, advancements in extraction technologies and the rise of green chemistry are driving the development of innovative natural fixatives. As a result, fragrance companies are expanding their portfolios to include more sustainable options to meet the evolving demands of environmentally conscious consumers.
Eastman Chemical Company, Lotioncarfter, Givaudan, Tokos, Alpha Aromatics, BMV Fragrances Private Limited, Dadia Chemicals Industries, and Landmark Perfumes & Aromatics, are some of the major fragrance fixatives companies worldwide.
Europe industry reached over USD 640 million in 2023 and is expected to register a commendable CAGR from 2024-2032 due to a significant trend towards natural and sustainable alternatives in the region.
Fragrance fixatives industry from the synthetic fragrance segment recorded USD 1562 million in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to their ability to extend the longevity and stability of scents in various consumer products.
Market size for fragrance fixatives was USD 2.1 billion in 2023 and is expected to register over 4.8% CAGR from 2024-2032 owing to increasing consumer demand for eco-friendly products and a trend towards natural and sustainable options worldwide.