Fragrances Market: By Form, By Aroma, By Usage , By Distribution Channel and Region Forecast 2019-2030
Fragrances Market size was valued at US$ 18,644.9 million in 2023 and is poised to grow at a significant CAGR of 4.4% from 2024-2030. Fragrances and perfumes are a mixture of essential oils and aroma compounds with water or alcohol. Some of the common natural ingredients utilized in the production of fragrances include balsams, fruits, grasses, spices, gums, woods, flowers, leaves, resins, roots and animal secretions.
The fragrances are widely used for perfumes, deodorants, and other body care and personal care products. These personal care products are widely distributed through supermarkets and hypermarkets, convenience stores, departmental stores, online sales channels, and others. The purchasing of personal care and body care products drastically increased through online sales channels owing to discounts provided by the merchants and better platform to compare the products of multiple brands. Moreover, market players are focusing on R&D and launching new products to maintain the growth in the market.
Study Period
2025-2031Base Year
2024CAGR
4.4%Largest Market
EuropeFastest Growing Market
Middle East
Fashion trends, which are unexpected and always changing, have a major impact on the growth of the fragrances and perfumes business. As a result, prominent market participants are concentrating their efforts on creating intriguing, unique, and innovative scents to appeal to a variety of consumer groups throughout the world. The increased popularity of lighter-scented goods, particularly among millennials, as well as the inexpensive availability of body splashes, body mists, and cologne body sprays, are likely to improve perfume and fragrance product sales in developed countries. Moreover, players are focusing are on expanding production. For instance, in January 2022, Coty Inc. announced it had started production of the worlds first globally distributed fragrances made using carbon-captured ethanol.
Report Benchmarks |
Details |
Report Study Period |
2025-2031 |
Market Size in 2023 |
US$ 18,644.9 million |
Market CAGR |
4.4% |
By Form |
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By Aroma |
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By Usage |
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By Distribution Channel |
|
By Region |
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The global fragrances market size was valued at US$ 18,644.9 million in 2023 and is projected to grow at a CAGR of 4.4% from 2024 to 2030.
Loreal, Givaudan, Kilian, Firmenich, Symrise
Middle East is the fastest-growing region for the fragrances market
1. Executive Summary |
2. Global Fragrances Market Introduction |
2.1.Global Fragrances Market - Taxonomy |
2.2.Global Fragrances Market - Definitions |
2.2.1.Form |
2.2.2.Aroma |
2.2.3.Usage |
2.2.4.Distribution Channel |
2.2.5.Region |
3. Global Fragrances Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4. Global Fragrances Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Fragrances Market By Form, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Perfumes |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Deodorants |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Cologne |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Scent |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Body Mists |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
5.6. Aftershave |
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.6.3. Market Opportunity Analysis |
5.7. Roll on |
5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.7.3. Market Opportunity Analysis |
5.8. Custom-Made |
5.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.8.3. Market Opportunity Analysis |
6. Global Fragrances Market By Aroma, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Floral |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Oceanic |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Oriental, |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Citrus |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Spicy |
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Woody |
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
6.7. Green, |
6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.7.3. Market Opportunity Analysis |
6.8. Mint |
6.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.8.3. Market Opportunity Analysis |
6.9. Pungent |
6.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.9.3. Market Opportunity Analysis |
6.10. Fresh |
6.10.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.10.3. Market Opportunity Analysis |
7. Global Fragrances Market By Usage, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. Men |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Women |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Unisex |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
8. Global Fragrances Market By Distribution Channel, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. Supermarkets |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Hypermarkets |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Drugstores |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Online stores |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
9. Global Fragrances Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. North America |
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Europe |
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Asia Pacific (APAC) |
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Middle East and Africa (MEA) |
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. Latin America |
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
10. North America Fragrances Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Perfumes |
10.1.2.Deodorants |
10.1.3.Cologne |
10.1.4.Scent |
10.1.5.Body Mists |
10.1.6.Aftershave |
10.1.7.Roll on |
10.1.8.Custom-Made |
10.2. Aroma Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Floral |
10.2.2.Oceanic |
10.2.3.Oriental, |
10.2.4.Citrus |
10.2.5.Spicy |
10.2.6.Woody |
10.2.7.Green, |
10.2.8.Mint |
10.2.9.Pungent |
10.2.10.Fresh |
10.3. Usage Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Men |
10.3.2.Women |
10.3.3.Unisex |
10.4. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Supermarkets |
10.4.2.Hypermarkets |
10.4.3.Drugstores |
10.4.4.Online stores |
10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.5.1.United States of America (USA) |
10.5.2.Canada |
11. Europe Fragrances Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Form Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Perfumes |
11.1.2.Deodorants |
11.1.3.Cologne |
11.1.4.Scent |
11.1.5.Body Mists |
11.1.6.Aftershave |
11.1.7.Roll on |
11.1.8.Custom-Made |
11.2. Aroma Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Floral |
11.2.2.Oceanic |
11.2.3.Oriental, |
11.2.4.Citrus |
11.2.5.Spicy |
11.2.6.Woody |
11.2.7.Green, |
11.2.8.Mint |
11.2.9.Pungent |
11.2.10.Fresh |
11.3. Usage Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Men |
11.3.2.Women |
11.3.3.Unisex |
11.4. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.Supermarkets |
11.4.2.Hypermarkets |
11.4.3.Drugstores |
11.4.4.Online stores |
11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.5.1.Germany |
11.5.2.France |
11.5.3.Italy |
11.5.4.United Kingdom (UK) |
11.5.5.Spain |
11.5.6.Rest of EU |
11.5.7. |
12. Asia Pacific (APAC) Fragrances Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Form Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Perfumes |
12.1.2.Deodorants |
12.1.3.Cologne |
12.1.4.Scent |
12.1.5.Body Mists |
12.1.6.Aftershave |
12.1.7.Roll on |
12.1.8.Custom-Made |
12.2. Aroma Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Floral |
12.2.2.Oceanic |
12.2.3.Oriental, |
12.2.4.Citrus |
12.2.5.Spicy |
12.2.6.Woody |
12.2.7.Green, |
12.2.8.Mint |
12.2.9.Pungent |
12.2.10.Fresh |
12.3. Usage Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Men |
12.3.2.Women |
12.3.3.Unisex |
12.4. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.Supermarkets |
12.4.2.Hypermarkets |
12.4.3.Drugstores |
12.4.4.Online stores |
12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.5.1.China |
12.5.2.India |
12.5.3.Australia and New Zealand (ANZ) |
12.5.4.Japan |
12.5.5.Rest of APAC |
13. Middle East and Africa (MEA) Fragrances Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
13.1. Form Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Perfumes |
13.1.2.Deodorants |
13.1.3.Cologne |
13.1.4.Scent |
13.1.5.Body Mists |
13.1.6.Aftershave |
13.1.7.Roll on |
13.1.8.Custom-Made |
13.2. Aroma Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Floral |
13.2.2.Oceanic |
13.2.3.Oriental, |
13.2.4.Citrus |
13.2.5.Spicy |
13.2.6.Woody |
13.2.7.Green, |
13.2.8.Mint |
13.2.9.Pungent |
13.2.10.Fresh |
13.3. Usage Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Men |
13.3.2.Women |
13.3.3.Unisex |
13.4. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Supermarkets |
13.4.2.Hypermarkets |
13.4.3.Drugstores |
13.4.4.Online stores |
13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.5.1.GCC Countries |
13.5.2.South Africa |
13.5.3.Rest of MEA |
14. Latin America Fragrances Market,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
14.1. Form Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.1.1.Perfumes |
14.1.2.Deodorants |
14.1.3.Cologne |
14.1.4.Scent |
14.1.5.Body Mists |
14.1.6.Aftershave |
14.1.7.Roll on |
14.1.8.Custom-Made |
14.2. Aroma Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.2.1.Floral |
14.2.2.Oceanic |
14.2.3.Oriental, |
14.2.4.Citrus |
14.2.5.Spicy |
14.2.6.Woody |
14.2.7.Green, |
14.2.8.Mint |
14.2.9.Pungent |
14.2.10.Fresh |
14.3. Usage Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.3.1.Men |
14.3.2.Women |
14.3.3.Unisex |
14.4. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.4.1.Supermarkets |
14.4.2.Hypermarkets |
14.4.3.Drugstores |
14.4.4.Online stores |
14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.5.1.Brazil |
14.5.2.Mexico |
14.5.3.Rest of LA |
15. Competition Landscape |
15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
15.2.1.LOreal International |
15.2.2.Elizabeth Arden Inc. |
15.2.3.Bvlgari Parfums |
15.2.4.Estee Lauder Companies Inc |
15.2.5.Coty, Inc. |
15.2.6.Clarins Fragrance group |
15.2.7.Beaute Prestige International |
15.2.8.Avon Products, Inc |
15.2.9.Chanel SA |
15.2.10.Cartier Perfumes International |
15.2.11.Calvin Klein, Inc. |
15.2.12.Cacharel |
16. Research Methodology |
17. Appendix and Abbreviations |
Key Market Players