Global Luxury Perfume Market Outlook to 2026 – Drivers, Constraints and Opportunities – ResearchAndMarkets.com

0


DUBLIN – (COMMERCIAL THREAD) – The report “Luxury Perfume Market by Price by End User and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026” has been added to ResearchAndMarkets.com offer.

The luxury perfume market size was valued at $ 11.7 billion in 2018 and is expected to reach $ 16.8 billion by 2026, registering a CAGR of 5.3% from 2019 to 2026.

Lifestyle awareness and increased purchasing power of customers are major impacts of increasing disposable income, which naturally leads to increased use of products and services. The increase in the employment rate leads to rapid growth in the disposable income of clients. The improvement in the economic situation and the growth of disposable income are substantial factors which are boosting the growth of the luxury cosmetics market as a whole.

Counterfeit products have been around since the emergence of designer brands because they are easy to manufacture and their ingredients are relatively inexpensive. The battle between the cosmetics industry and its counterfeit products is worth a billion dollars. Counterfeit products are very likely to damage a brand’s reputation and sales. Hence, the increase in the number of counterfeit products ends up hampering the growth of the global luxury perfume market.

According to the US Census Bureau, Generation Y is on the verge of overtaking the baby boomers in the country. Likewise, in Asia Pacific, millennials represent a larger population, especially in countries like China, India and Australia compared to other population groups. Millennials, aged 20 to 35, are health conscious and active. They have played a role in the evolution of various global industries in terms of product and service offerings. They always tend to try new products on the market and see if the products meet the requirements. As a result, the increase in the number of the millennial population paves the way for a significant growth of the global luxury perfume market in terms of sales value.

The global luxury perfume market is segmented on the basis of price, end user, distribution channel and region. By price, the market is further segmented into $ 50- $ 100, $ 100- $ 200 and above $ 200. By end user, the market is split into Men, Women, and Unisex. By distribution channel, the market is further sub-segmented into specialized stores and online stores. By region, the market is divided into North America, Europe, Asia-Pacific, and LAMEA.

Main conclusions of the report:

  • In 2018, in terms of price, the luxury perfume segment priced at $ 100 to $ 200 accounted for approximately higher market share, with a CAGR of 5.6% from 2019 to 2026.

  • In 2018, by end user, the female segment accounted for a higher luxury perfume market share.

  • In 2018, by region, Asia Pacific accounted for the highest value luxury fragrance market share.

  • The major revenue opportunities, growth factors and trends of the luxury perfume market in the emerging economies are highlighted in the report.

Main topics covered:

Chapter 1 Introduction

Chapter 2: Executive summary

Chapter 3: Market Landscape

3.1. Definition and scope of the market

3.2. Main conclusions

3.2.1. Better investment pockets

3.2.2. Best winning strategies

3.3. Porter’s Five Forces Analysis

3.3.1. Bargaining power of suppliers

3.3.2. The threat of new participants

3.3.3. The threat of substitutes

3.3.4. Competitive rivalry

3.3.5. Bargaining power among buyers

3.4. Market share analysis / Positioning of the best players

3.5. Market dynamics

3.5.1. Conductors

3.5.2. Constraints

3.5.3. Opportunities

Chapter 4: Luxury Perfume Market by Price

4.1. Overview

4.2. $ 50 – $ 100

4.2.1. Key market trends, growth drivers and opportunities

4.2.2. Market Size and Forecast by Region

4.2.3. Market analysis by country

4.3. $ 100 – $ 200

4.3.1. Key market trends, growth drivers and opportunities

4.3.2. Market Size and Forecast by Region

4.3.3. Market analysis by country

4.4. Above $ 200

4.4.1. Key market trends, growth drivers and opportunities

4.4.2. Market Size and Forecast by Region

4.4.3. Market analysis by country

Chapter 5: Luxury Perfume Market by End User

5.1. Overview

5.2. Man

5.3. Female

5.4. Unisex

Chapter 6: Luxury Perfume Market by Distribution Channel

6.1. Overview

6.2. Specialized shop

6.3. Online shop

Chapter 7: Luxury Perfume Market by Region

7.1. Overview

7.2. North America

7.3. Europe

7.4. Asia Pacific

7.5. LAMEA

Chapter 8: Company Profiles

8.1. L and L Luxury Company Ltd.

8.2. Parfum Pheonix Ltée.

8.3. Guccio Gucci SPA

8.4. Louis Vitton

8.5. Clive christian

8.6. Floris London

8.7. Giorgio Armani SPA

8.8. Creed Boutique, LLC

8.9. Este Lauder Companies Inc.

8.10. Hermès International SA

For more information on this report, visit https://www.researchandmarkets.com/r/ybd4l9


Leave A Reply

Your email address will not be published.