Global Luxury Perfume Market 2017-2021

  • ID: 4411403
  • Report
  • Region: Global
  • 64 pages
  • TechNavio
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FEATURED COMPANIES

  • Annick Goutal
  • Chanel
  • Dior
  • Estée Lauder
  • Hermès
  • Jean Patou
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

About Luxury Perfume

Perfume is a combination of various essential oils, fixatives, solvents, and aromatic compounds that contribute to a pleasant scent. Perfumes are more concentrated than any other kind of fragrance. They are thicker and expensive enough to be called luxury items. The composition of the perfume is constituted by around 15%-40% essence. The luxury perfume market involves all the high-end premium brands available for customers.

The analysts forecast the global luxury perfume market to grow at a CAGR of 8.33% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global luxury perfume market for 2017-2021. To calculate the market size, the report considers the segmentation by end-user and distribution and geographical segmentation market.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • Europe
  • ROW
The report, Global Luxury Perfume Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Chanel
  • Estée Lauder
  • Guccio Gucci
  • Hermès
  • Ralph Lauren
Other prominent vendors
  • Annick Goutal
  • Baccarat
  • Clive Christian
  • Dior
  • DKNY
  • JAR
  • Jean Patou
Market drivers
  • Increase in demand from millennial population
  • For a full, detailed list, view the full report
Market challenges
  • Competition from products which are available at affordable prices
  • For a full, detailed list, view the full report
Market trends
  • Product bundling
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Annick Goutal
  • Chanel
  • Dior
  • Estée Lauder
  • Hermès
  • Jean Patou
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
  • Global fragrance and perfume market
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by distribution channel
  • Market overview
PART 07: Market segmentation by end-user
  • Market overview
PART 08: Geographical segmentation
  • Global luxury perfume market by region
  • Americas
  • Europe
  • APAC
  • ROW
PART 09: Key leading countries
  • US
  • Japan
  • Germany
PART 10: Decision framework

PART 11: Drivers and challenges
  • Market drivers
  • Market challenges
PART 12: Market trends
  • Product bundling
  • Innovative packaging and creatively shaped bottles to attract customers
  • Natural, customized, and unisex perfumes are trending in the market
PART 13: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 14: Key vendor analysis
  • Chanel
  • Estée Lauder
  • Guccio Gucci
  • Hermès
  • Ralph Lauren
PART 15: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global luxury perfume market: Overview
Exhibit 02: Global luxury perfume market 2016-2021 ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: Global luxury perfume market by distribution channel (% share of revenue)
Exhibit 05: Offline retail stores: Segmentation by type (% share of revenue)
Exhibit 06: Global luxury perfume market by end-user 2016 (% share of revenue)
Exhibit 07: Global luxury perfume market for women 2016-2021 ($ billions)
Exhibit 08: Global luxury perfume market for men 2016-2021 ($ billions)
Exhibit 09: Global unisex luxury perfume market 2016-2021 ($ billions)
Exhibit 10: Global luxury perfume market by region 2016 (% share of revenue)
Exhibit 11: Luxury perfume market in Americas 2016-2021 ($ billions)
Exhibit 12: Luxury perfume market in Europe 2016-2021 ($ billions)
Exhibit 13: Luxury perfume market in APAC 2016-2021 ($ billions)
Exhibit 14: Luxury perfume market in ROW 2016-2021 ($ billions)
Exhibit 15: Key leading countries
Exhibit 16: Luxury perfume market in the US 2016-2021 ($ billions)
Exhibit 17: Luxury perfume market in Japan 2016-2021 ($ billions)
Exhibit 18: Luxury perfume market in Germany 2016-2021 ($ billions)
Exhibit 19: Other prominent vendors
Exhibit 20: Chanel: Product portfolio
Exhibit 21: Estée Lauder: Product portfolio
Exhibit 22: Guccio Gucci: Product portfolio
Exhibit 23: Hermès: Product portfolio
Exhibit 24: Ralph Lauren: Product portfolio
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Annick Goutal
  • Chanel
  • Dior
  • Estée Lauder
  • Hermès
  • Jean Patou
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: - Global Luxury Perfume Market 2017-2021

The author of the report recognizes the following companies as the key players in the global luxury perfume market: Chanel, Estée Lauder, Guccio Gucci, Hermès, and Ralph Lauren

Other Prominent Vendors in the market are: Annick Goutal, Baccarat, Clive Christian, Dior, DKNY, JAR, and Jean Patou.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Product bundling. The high price of luxury perfumes is one of the key challenges for the market. Hence, vendors often use the strategy of product bundling to push products to customers who hold back their purchasing decision due to cost. Product bundling is basically a pricing strategy as per which two or more similar products are sold together for a substantially lower price. In case of perfumes, the bundles are usually made out of a deodorant and a perfume belonging to the same brand; the deodorant is for regular use, and the perfume is for special occasions. Another common bundling strategy is to pair men's and women's perfumes together. Such bundles make ideal gifts for couples, and hence, tend to have high sales. Bundling basically allows vendors to offer cost-effective deals to customers.”

According to the report, one of the major drivers for this market is Increase in demand from millennial population. Millennials (people in the age group of 18 to 32 years) are known to be extremely brand conscious. They do not mind paying higher prices for a particular product of their choice; however, they would not want to compromise on the quality of the product they opt for. Premium perfume brands come with the promise of higher quality available at different prices. The wide price range and variety of products in the perfume industry enable millennial to choose their perfumes according to their preferences.

Further, the report states that one of the major factors hindering the growth of this market is Competition from products which are available at affordable prices. The key challenge for the luxury perfume market is the high price that cuts down the market size considerably and also reduces the chances of repeat purchases. The premium perfumes suffer high competition from products that are available at affordable prices. The customers for luxury perfumes are usually from the upper classes; they are much lesser in number when compared to the masses and mid-range customers. Private labels are much more popular due to the economic price they set for perfumes.

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 a SWOT analysis of the key vendors.
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1h Free Analyst Time

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  • Chanel
  • Estée Lauder
  • Guccio Gucci
  • Hermès
  • Ralph Lauren
  • Annick Goutal
  • Baccarat
  • Clive Christian
  • Dior
  • DKNY
  • JAR
  • Jean Patou
Note: Product cover images may vary from those shown
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