Product Code: IRTNTR43395
Abstract
The luxury perfume market is forecasted to grow by USD 5,591.72 mn during 2023-2028, accelerating at a CAGR of 6.71% during the forecast period. The report on the luxury perfume market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increase in demand from millennials, rising focus on and importance of personal grooming, and influential endorsements by celebrities on social media.
Market Scope |
Base Year | 2023 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 6.34% |
CAGR | 6.71% |
Incremental Value | $5591.72mn |
Technavio's luxury perfume market is segmented as below:
By Distribution Channel
By End-user
By Geographical Landscape
- Europe
- North America
- APAC
- Middle East and Africa
- South America
This study identifies the rising purchase of perfumes for gifting purposes as one of the prime reasons driving the luxury perfume market growth during the next few years. Also, product bundling and availability of natural, customized, and unisex perfumes will lead to sizable demand in the market.
The report on the luxury perfume market covers the following areas:
- Luxury perfume market sizing
- Luxury perfume market forecast
- Luxury perfume market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading luxury perfume market vendors that include Amorepacific Corp., Capri Holdings Ltd., Cartier SA, Chanel Ltd., Clive Christian Perfume Ltd., Coty Inc., Giorgio Armani S.p.A., Hermes International SA, IDAM Natural Wellness Pvt. Ltd., L and L LUXURY CO. LTD., LOreal SA, LVMH Moet Hennessy Louis Vuitton SE, PVH Corp., Ralph Lauren Corp., Revlon Inc., Shiseido Co. Ltd., The Donna Karan Company Store LLC, The Estee Lauder Companies Inc., Tom Ford International LLC, and Byredo Group. Also, the luxury perfume market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary - Chart on Market Overview
- Exhibit 02: Executive Summary - Data Table on Market Overview
- Exhibit 03: Executive Summary - Chart on Global Market Characteristics
- Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
- Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
- Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary - Chart on Incremental Growth
- Exhibit 08: Executive Summary - Data Table on Incremental Growth
- Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global luxury perfume market 2018 - 2022
- Exhibit 18: Historic Market Size - Data Table on global luxury perfume market 2018 - 2022 ($ million)
- 4.2 Distribution Channel Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
- 4.3 End-user Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
- 4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Distribution Channel
- 6.1 Market segments
- Exhibit 30: Chart on Distribution Channel - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Distribution Channel - Market share 2023-2028 (%)
- 6.2 Comparison by Distribution Channel
- Exhibit 32: Chart on Comparison by Distribution Channel
- Exhibit 33: Data Table on Comparison by Distribution Channel
- 6.3 Offline - Market size and forecast 2023-2028
- Exhibit 34: Chart on Offline - Market size and forecast 2023-2028 ($ million)
- Exhibit 35: Data Table on Offline - Market size and forecast 2023-2028 ($ million)
- Exhibit 36: Chart on Offline - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Offline - Year-over-year growth 2023-2028 (%)
- 6.4 Online - Market size and forecast 2023-2028
- Exhibit 38: Chart on Online - Market size and forecast 2023-2028 ($ million)
- Exhibit 39: Data Table on Online - Market size and forecast 2023-2028 ($ million)
- Exhibit 40: Chart on Online - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Online - Year-over-year growth 2023-2028 (%)
- 6.5 Market opportunity by Distribution Channel
- Exhibit 42: Market opportunity by Distribution Channel ($ million)
- Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ million)
7 Market Segmentation by End-user
- 7.1 Market segments
- Exhibit 44: Chart on End-user - Market share 2023-2028 (%)
- Exhibit 45: Data Table on End-user - Market share 2023-2028 (%)
- 7.2 Comparison by End-user
- Exhibit 46: Chart on Comparison by End-user
- Exhibit 47: Data Table on Comparison by End-user
- 7.3 Women - Market size and forecast 2023-2028
- Exhibit 48: Chart on Women - Market size and forecast 2023-2028 ($ million)
- Exhibit 49: Data Table on Women - Market size and forecast 2023-2028 ($ million)
- Exhibit 50: Chart on Women - Year-over-year growth 2023-2028 (%)
- Exhibit 51: Data Table on Women - Year-over-year growth 2023-2028 (%)
- 7.4 Men - Market size and forecast 2023-2028
- Exhibit 52: Chart on Men - Market size and forecast 2023-2028 ($ million)
- Exhibit 53: Data Table on Men - Market size and forecast 2023-2028 ($ million)
- Exhibit 54: Chart on Men - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Men - Year-over-year growth 2023-2028 (%)
- 7.5 Unisex - Market size and forecast 2023-2028
- Exhibit 56: Chart on Unisex - Market size and forecast 2023-2028 ($ million)
- Exhibit 57: Data Table on Unisex - Market size and forecast 2023-2028 ($ million)
- Exhibit 58: Chart on Unisex - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Unisex - Year-over-year growth 2023-2028 (%)
- 7.6 Market opportunity by End-user
- Exhibit 60: Market opportunity by End-user ($ million)
- Exhibit 61: Data Table on Market opportunity by End-user ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 63: Chart on Market share By Geographical Landscape 2023-2028 (%)
- Exhibit 64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison
- 9.3 Europe - Market size and forecast 2023-2028
- Exhibit 67: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 68: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 69: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.4 North America - Market size and forecast 2023-2028
- Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.5 APAC - Market size and forecast 2023-2028
- Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.6 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.7 South America - Market size and forecast 2023-2028
- Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 China - Market size and forecast 2023-2028
- Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.10 Germany - Market size and forecast 2023-2028
- Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.11 UK - Market size and forecast 2023-2028
- Exhibit 99: Chart on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 100: Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 101: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.12 France - Market size and forecast 2023-2028
- Exhibit 103: Chart on France - Market size and forecast 2023-2028 ($ million)
- Exhibit 104: Data Table on France - Market size and forecast 2023-2028 ($ million)
- Exhibit 105: Chart on France - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on France - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity By Geographical Landscape
- Exhibit 107: Market opportunity By Geographical Landscape ($ million)
- Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2023 and 2028
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 112: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 113: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification
- 12.3 Amorepacific Corp.
- Exhibit 115: Amorepacific Corp. - Overview
- Exhibit 116: Amorepacific Corp. - Business segments
- Exhibit 117: Amorepacific Corp. - Key offerings
- Exhibit 118: Amorepacific Corp. - Segment focus
- 12.4 Capri Holdings Ltd.
- Exhibit 119: Capri Holdings Ltd. - Overview
- Exhibit 120: Capri Holdings Ltd. - Business segments
- Exhibit 121: Capri Holdings Ltd. - Key offerings
- Exhibit 122: Capri Holdings Ltd. - Segment focus
- 12.5 Cartier SA
- Exhibit 123: Cartier SA - Overview
- Exhibit 124: Cartier SA - Product / Service
- Exhibit 125: Cartier SA - Key offerings
- 12.6 Chanel Ltd.
- Exhibit 126: Chanel Ltd. - Overview
- Exhibit 127: Chanel Ltd. - Product / Service
- Exhibit 128: Chanel Ltd. - Key offerings
- 12.7 Clive Christian Perfume Ltd.
- Exhibit 129: Clive Christian Perfume Ltd. - Overview
- Exhibit 130: Clive Christian Perfume Ltd. - Product / Service
- Exhibit 131: Clive Christian Perfume Ltd. - Key offerings
- 12.8 Coty Inc.
- Exhibit 132: Coty Inc. - Overview
- Exhibit 133: Coty Inc. - Business segments
- Exhibit 134: Coty Inc. - Key offerings
- Exhibit 135: Coty Inc. - Segment focus
- 12.9 Giorgio Armani S.p.A.
- Exhibit 136: Giorgio Armani S.p.A. - Overview
- Exhibit 137: Giorgio Armani S.p.A. - Product / Service
- Exhibit 138: Giorgio Armani S.p.A. - Key offerings
- 12.10 Hermes International SA
- Exhibit 139: Hermes International SA - Overview
- Exhibit 140: Hermes International SA - Business segments
- Exhibit 141: Hermes International SA - Key offerings
- Exhibit 142: Hermes International SA - Segment focus
- 12.11 L and L LUXURY CO. LTD.
- Exhibit 143: L and L LUXURY CO. LTD. - Overview
- Exhibit 144: L and L LUXURY CO. LTD. - Product / Service
- Exhibit 145: L and L LUXURY CO. LTD. - Key offerings
- 12.12 LOreal SA
- Exhibit 146: LOreal SA - Overview
- Exhibit 147: LOreal SA - Business segments
- Exhibit 148: LOreal SA - Key news
- Exhibit 149: LOreal SA - Key offerings
- Exhibit 150: LOreal SA - Segment focus
- 12.13 LVMH Moet Hennessy Louis Vuitton SE
- Exhibit 151: LVMH Moet Hennessy Louis Vuitton SE - Overview
- Exhibit 152: LVMH Moet Hennessy Louis Vuitton SE - Business segments
- Exhibit 153: LVMH Moet Hennessy Louis Vuitton SE - Key news
- Exhibit 154: LVMH Moet Hennessy Louis Vuitton SE - Key offerings
- Exhibit 155: LVMH Moet Hennessy Louis Vuitton SE - Segment focus
- 12.14 PVH Corp.
- Exhibit 156: PVH Corp. - Overview
- Exhibit 157: PVH Corp. - Business segments
- Exhibit 158: PVH Corp. - Key offerings
- Exhibit 159: PVH Corp. - Segment focus
- 12.15 Shiseido Co. Ltd.
- Exhibit 160: Shiseido Co. Ltd. - Overview
- Exhibit 161: Shiseido Co. Ltd. - Product / Service
- Exhibit 162: Shiseido Co. Ltd. - Key offerings
- 12.16 The Donna Karan Company Store LLC
- Exhibit 163: The Donna Karan Company Store LLC - Overview
- Exhibit 164: The Donna Karan Company Store LLC - Product / Service
- Exhibit 165: The Donna Karan Company Store LLC - Key offerings
- 12.17 The Estee Lauder Companies Inc.
- Exhibit 166: The Estee Lauder Companies Inc. - Overview
- Exhibit 167: The Estee Lauder Companies Inc. - Product / Service
- Exhibit 168: The Estee Lauder Companies Inc. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 169: Inclusions checklist
- Exhibit 170: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 171: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 172: Research methodology
- Exhibit 173: Validation techniques employed for market sizing
- Exhibit 174: Information sources
- 13.5 List of abbreviations
- Exhibit 175: List of abbreviations