Global Fragrances Market Insights Report Overview
According to the latest market study by MarkNtel Advisors titled “Global Fragrances Market Size, Share, Trends, Growth, Opportunity Analysis 2024-2030” presents a thorough examination of market drivers, opportunities and challenges.
Utilizing a quantitative approach, it offers precise insights into market size, share, and growth. Crafted by industry experts, the report delves into consumption patterns, geographical analysis, and competitive landscapes. Its objective is to furnish valuable insights for clients seeking to comprehend and leverage market dynamics. With a dual focus on historical achievements and future projections, it furnishes a nuanced understanding of the market terrain.
Fragrances Market Overview:
The Global Fragrances Market is poised to grow at a CAGR of around 6.1% during the forecast period, i.e., 2024-30.
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Global Fragrances Market Trend:
Rising Fondness for Natural Fragrances to be a Trend in the Global Market – The Fragrances Market is witnessing a surge in the preference for natural scents obtained from plants, animals, or fruits over synthetic counterparts. This shift is propelled by heightened awareness of the adverse effects of chemical-based fragrances on skin and overall health. Products like deodorants, hair oils, perfumes, and detergents containing synthetic fragrances have been linked to skin irritation upon direct contact. Consequently, there's an expected inclination among consumers towards choosing natural fragrances, a trend poised to positively impact the market.
Competitor Insight: Fragrances Market
This report focuses on major market participants like:
- Ajmal Perfumes Pvt. Ltd.
- Attar Al Has
- Chanel S A
- Church & Dwight Co. Inc.
- Estee Lauder Co. Inc.
- Givaudan SA
- Firmenich SA
- Hindustan Unilever Limited
- International Flavors & Fragrances
- Natura & Co.
- Procter & Gamble Health Ltd.
- Revlon Inc.
- SC Johnson & Son Inc.
- Shanghai Ligan Perfume Cosmetics Co. Ltd.
- Shiseido Co.Ltd.
- The Avon Co.
- The Perfume Company
- Others (Burberry Group PLC, Calvin Klein etc.)
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Segmentation Summary: Fragrances Market
This segmentation analysis outlines prominent sections in the report's table of contents. Each segment undergoes thorough analysis, including sub-segments, to showcase both current and historical market sizes. The analysis underscores investment opportunities for rapid growth, particularly in the Fragrances Market, with notable highlighting on:
-By Ingredient
- Natural
- Synthetic
Fragrances with Natural Ingredients are witnessing an upward demand and are predicted to hold a significant share of the Fragrances Market in the forecast years. This is owing to the mounting consumer awareness regarding environmental degradation across different countries worldwide. Individuals are becoming aware of the fact that chemically-derived perfumes adversely affect their skin & can cause allergies, and thus are showing greater interest in fragrances formulated from natural ingredients like flowers, fruits, saps, seeds, barks, leaves, roots, & resins, among others.
-By Product Type
- Personal Care
- Household Care
- Others (Oral Care, Fabric Care, etc.)
-By Distribution Channel
- Offline
- Online
Fragrances Market Geographical Reach:
- North America
- South America
- Europe
- Middle East & Africa
- Asia Pacific
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Key Questions Addressed:
- Factors Driving Market Growth: Understand the primary drivers propelling the Fragrances market forward.
- Access to Reliable Reports: Learn where to access dependable market reports for informed decision-making.
- Growth Projections: Gain insights into anticipated growth projections for the coming years.
- Geographical Hotspots: Identify geographical poised for significant market growth soon.
About Us
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others.
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