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Perfume Market Share

Report ID: GMI5454
Published Date: Sep 2024
Report Format: PDF

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Perfume Market Share

The market, with prominent players, such as Shiseido Company Limited, Revlon, Estée Lauder Companies and CHANEL, holds a market share of ~15%. Manufacturers are adopting strategic steps, such as mergers, acquisitions, partnerships, and collaborations, to meet the growing consumer demand and consolidate their position in the market.

Perfume Market Companies

Major players operating in the perfume industry include:

Avon Company
CHANEL
Coty Inc.
Estée Lauder Companies
Givaudan
Hermès
KERING
LVMH Moet Hennessy-Louis Vuitton
Puig
Revlon
Shiseido Company Limited.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The perfume industry was valued at USD 58 billion in 2023 and is anticipated to register a 6% CAGR between 2024 and 2032 with consumers becoming more conscious of personal grooming and hygiene

The eau de parfum (EDP) product type segment in the perfume industry is expected to grow at a 5% CAGR from 2024-2032 attributed to the balance of concentration and longevity

Europe perfume market is expected to grow at a 6.2% CAGR from 2024-2032 attributed to robust sales of premium products from brands like Jil Sander and Calvin Klein, coupled with new product launches from other labels, such as Hugo Boss.

Avon Company, CHANEL, Coty Inc., Estée Lauder Companies, Givaudan, Hermès, KERING, LVMH Moet Hennessy-Louis Vuitton, Puig, Revlon, and Shiseido Company Limited.