The Perfume and Fragrance Manufacturing industry has expanded as per capita disposable income and consumer spending have enabled shoppers to splurge on more high-end industry goods in downstream markets. Still, the COVID-19 pandemic and a decline in demand for fashion design services over the past five years have contributed to lower industry sales. Nonetheless, industry-wide revenue has been increasing at a CAGR of 2.0% over the past five years, including an estimated 0.3% decrease in the current year, and is expected to total $5.1 billion in 2023. In the same year, profit is projected to decrease to 10.6%.Fresh scent: Favorable economic conditions are expected to benefit the industry
Companies in this industry manufacture men’s and women’s perfumes and fragrances. Perfume is a mixture of fragrant essential oils and aroma compounds, fixatives and solvents used to give the human body a pleasant scent.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Coty Inc.
- L'oreal Usa, Inc.
- Estee Lauder Companies Inc.
Methodology
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