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Fine Fragrance Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

Fine Fragrance Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Fine Fragrance Market: By Ingredient (Synthetic, Natural), By Application (Spray Perfumes, Body Care, Home Care, Cosmetics, Soaps and Detergents, Others), By Distribution Channel (Direct Sales, E-commerce, Specialty Stores, Convenience Stores, Others) and Geography

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Report

Description

Fine Fragrance Market size is valued at USD 24,512.9 million in 2021 and is expected to grow at a significant CAGR of 3.9% during the forecast period 2022 to 2028. The global market provides a detailed overview of the Fine Fragrance Market and that can be segmented by Ingredient, Application, and Distribution Channel. By type, the fine fragrance market has been segmented into Synthetic and Natural. The synthetic segment is likely to be the largest and fastest-growing segment in terms of type. Based on the application, fine fragrance market is segmented into Spray Perfumes, Body Care, Home Care, Cosmetics, Soaps and Detergents, and Others.  Among these, the spray perfumes segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on distribution channel, the fine fragrance market is segmented into Direct Sales, E-commerce, Specialty Stores, Convenience Stores, and Others. The direct sales segment accounts for the largest share in 2021. E-commerce is the second-largest share during the forecast period 2022-2028 according to Precision Business Insights.

Key Development:

In March 2022, Symrise acquired fragrance house R. Romani – Société Française d’Aromatiques (SFA Romani), as well as Neroli Invest DL to strengthen its competitiveness in the creation of fragrance compositions and broaden its presence in key countries in Europe, Africa and the Middle East.

Fine Fragrance Market

MARKET SUMMARY
-
3.9%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 3.9%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– Europe

Fine Fragrance Market

  • The  fine fragrance market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The fine fragrance market report gives historical, current, and future market sizes (US$ Mn) based on by ingredient, application, distribution channel and geography.
Key Players
  • Avon Products, Inc
  • Church & Dwight Co., Inc.
  • Coty Inc.
  • Firmenich SA.
  • Givaudan
Fine Fragrance Market Drivers

Increase in demand for natural fine fragrances for household applications such as bathroom cleaners and rise in the adoption of personal care and cosmetic products in developing countries are anticipated to boost the market growth in the future.

Europe Got Significant Share

Fine Fragrance Market

By region, the Europe market is expected to witness the highest market share during the forecast period. Rising personal disposable income, rapid globalization, westernization, modernization, and rising demand for natural flavours and fragrances in the market are some major market growth determinants for this region.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Key

Features of the Report

  • The fine fragrance market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The fine fragrance market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The fine fragrance market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The fine fragrance market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The fine fragrance market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Fine Fragrance Market Segmentation

segmentation-block-image

By Ingredient

    • Synthetic,
    • Natural
segmentation-block-image

By Application

    • Spray Perfumes,
    • Body Care,
    • Home Care,
    • Cosmetics,
    • Soaps and Detergents,
    • Others
segmentation-block-image

Distribution Channel

    • Direct Sales,
    • E-commerce,
    • Specialty Stores,
    • Convenience Stores,
    • Others
Location

GEOGRAPHY

Frequently Asked Questions

The fine fragrance market is projected to expand at a CAGR of 3.9% during the forecast period.

The major players in the fine fragrance market are Avon Products, Inc, Church & Dwight Co., Inc., Coty Inc., Firmenich SA., Givaudan, International Flavors & Fragrances Inc., ROBERT, SH Kelkar and Company Limited, Symrise, T.Hasegawa USA Inc, Takasago International Corporation. The Estée Lauder Companies Inc.

Europe is the fastest-growing region for fine fragrance market

Report

Table Of Content

1. Executive Summary
2. Global Fine Fragrance Market Introduction
2.1. Global Fine Fragrance Market – Taxonomy
2.2. Global Fine Fragrance Market –Definitions
2.2.1. By Ingredient
2.2.2. By Application
2.2.3. By Distribution Channel
2.2.4. By Region
3. Global Fine Fragrance Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Fine Fragrance Market Dynamic Factors – Impact Analysis
3.6. Global Fine Fragrance Market – Competition Landscape
4. Global Fine Fragrance Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Fine Fragrance Market, By Ingredient, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
5.1. Synthetic
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Natural
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
6. Global Fine Fragrance Market, By Application, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
6.1. Spray Perfumes
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Body Care
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Home Care
6.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Cosmetics
6.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Soaps and Detergents
6.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Others
6.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis
7. Global Fine Fragrance Market, By Distribution Channel, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
7.1. Direct Sales
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. E-commerce
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Specialty Stores
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Convenience Stores
7.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Others
7.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
8. Global Fine Fragrance Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
8.1. North America
8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Fine Fragrance Market – Opportunity Analysis Index, By Ingredient Type, By Application and Region, 2022 – 2028
9. North America Fine Fragrance Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
9.1. Ingredient Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Synthetic
9.1.2. Natural
9.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.2.1. Spray Perfumes
9.2.2. Body Care
9.2.3. Home Care
9.2.4. Cosmetics
9.2.5. Soaps and Detergents
9.2.6. Others
9.3. Distribution Channel Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.3.1. Direct Sales
9.3.2. E-commerce
9.3.3. Specialty Stores
9.3.4. Convenience Stores
9.3.5. Others
9.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Fine Fragrance Market – Opportunity Analysis Index, By Ingredient Type, By Application, By Distribution Channel and Country, 2022 – 2028
9.6. North America Fine Fragrance Market Dynamics – Trends
10. Europe Fine Fragrance Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
10.1. Ingredient Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Synthetic
10.1.2. Natural
10.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Spray Perfumes
10.2.2. Body Care
10.2.3. Home Care
10.2.4. Cosmetics
10.2.5. Soaps and Detergents
10.2.6. Others
10.3. Distribution Channel Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.3.1. Direct Sales
10.3.2. E-commerce
10.3.3. Specialty Stores
10.3.4. Convenience Stores
10.3.5. Others
10.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Rest of Europe
10.5. Europe Fine Fragrance Market – Opportunity Analysis Index, By Ingredient Type, By Application, By Distribution Channel and Country, 2022 – 2028
10.6. Europe Fine Fragrance Market Dynamics – Trends
11. Asia-Pacific Fine Fragrance Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
11.1. Ingredient Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Synthetic
11.1.2. Natural
11.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Spray Perfumes
11.2.2. Body Care
11.2.3. Home Care
11.2.4. Cosmetics
11.2.5. Soaps and Detergents
11.2.6. Others
11.3. Distribution Channel Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.3.1. Direct Sales
11.3.2. E-commerce
11.3.3. Specialty Stores
11.3.4. Convenience Stores
11.3.5. Others
11.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. China
11.4.2. India
11.4.3. Japan
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Fine Fragrance Market – Opportunity Analysis Index, By Ingredient Type, By Application, By Distribution Channel and Country, 2021 – 2027
11.6. Asia-Pacific Fine Fragrance Market Dynamics – Trends
12. Latin America Fine Fragrance Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
12.1. Ingredient Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Synthetic
12.1.2. Natural
12.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Spray Perfumes
12.2.2. Body Care
12.2.3. Home Care
12.2.4. Cosmetics
12.2.5. Soaps and Detergents
12.2.6. Others
12.3. Distribution Channel Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.3.1. Direct Sales
12.3.2. E-commerce
12.3.3. Specialty Stores
12.3.4. Convenience Stores
12.3.5. Others
12.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Fine Fragrance Market – Opportunity Analysis Index, By Ingredient Type, By Application, By Distribution Channel and Country, 2022 – 2028
12.6. Latin America Fine Fragrance Market Dynamics – Trends
13. Middle East and Africa Fine Fragrance Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
13.1. Ingredient Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Synthetic
13.1.2. Natural
13.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Spray Perfumes
13.2.2. Body Care
13.2.3. Home Care
13.2.4. Cosmetics
13.2.5. Soaps and Detergents
13.2.6. Others
13.3. Distribution Channel Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.3.1. Direct Sales
13.3.2. E-commerce
13.3.3. Specialty Stores
13.3.4. Convenience Stores
13.3.5. Others
13.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Fine Fragrance Market – Opportunity Analysis Index, By Ingredient Type, By Application, By Distribution Channel and Country, 2022 – 2028
13.6. MEA Fine Fragrance Market Dynamics – Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Avon Products, Inc
14.2.2. Church & Dwight Co., Inc.
14.2.3. Coty Inc.
14.2.4. Firmenich SA.
14.2.5. Givaudan
14.2.6. International Flavors & Fragrances Inc.
14.2.7. ROBERTET
14.2.8. SH Kelkar and Company Limited
14.2.9. Symrise
14.2.10. T.Hasegawa USA Inc
14.2.11. Takasago International Corporation.
14.2.12. The Estée Lauder Companies Inc.
15. Research Methodology
16. Key Assumptions and Acronyms
Report

Company Profile

  • Avon Products, Inc
  • Church & Dwight Co., Inc.
  • Coty Inc.
  • Firmenich SA.
  • Givaudan
  • International Flavors & Fragrances Inc.
  • ROBERTET
  • SH Kelkar and Company Limited
  • Symrise
  • T.Hasegawa USA Inc
  • Takasago International Corporation.
  • The Estée Lauder Companies Inc.

Description

Fine Fragrance Market size is valued at USD 24,512.9 million in 2021 and is expected to grow at a significant CAGR of 3.9% during the forecast period 2022 to 2028. The global market provides a detailed overview of the Fine Fragrance Market and that can be segmented by Ingredient, Application, and Distribution Channel. By type, the fine fragrance market has been segmented into Synthetic and Natural. The synthetic segment is likely to be the largest and fastest-growing segment in terms of type. Based on the application, fine fragrance market is segmented into Spray Perfumes, Body Care, Home Care, Cosmetics, Soaps and Detergents, and Others.  Among these, the spray perfumes segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on distribution channel, the fine fragrance market is segmented into Direct Sales, E-commerce, Specialty Stores, Convenience Stores, and Others. The direct sales segment accounts for the largest share in 2021. E-commerce is the second-largest share during the forecast period 2022-2028 according to Precision Business Insights.

Key Development:

In March 2022, Symrise acquired fragrance house R. Romani – Société Française d’Aromatiques (SFA Romani), as well as Neroli Invest DL to strengthen its competitiveness in the creation of fragrance compositions and broaden its presence in key countries in Europe, Africa and the Middle East.

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