The North America perfume market size reached US$ 6.6 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 8.5 Billion by 2032, exhibiting a growth rate (CAGR) of 2.9% during 2023-2032.
A perfume is a combination of essential oils and aroma compounds which gives a pleasant smell to an individual's body. Plants such as sandalwood, rosemary, jasmine, cinnamon and rose are the primary sources of essential oils that provide a distinctive aroma to the perfume. Apart from this, various natural ingredients like flowers, grasses, spices, fruits, woods, roots, resins, balsams, leaves, gums and animal secretions are also used in the perfume production.
The North America perfume market is currently being driven by several factors. The market growth can primarily be attributed to an increase in consumer spending on beauty and personal care items in the region. Moreover, one of the major trends in the region is the growing preference for a variety of fragrances as opposed to a single signature scent. Being witnessed particularly among the younger generation, this trend has encouraged consumer spending on both mass as well as premium products. Moreover, the rising demand for on-the-go, natural and value-added products is also contributing to the market growth.
2. What is the expected growth rate of the North America perfume market during 2024-2032?
3. What are the key factors driving the North America perfume market?
4. What has been the impact of COVID-19 on the North America perfume market?
5. What is the breakup of the North America perfume market based on perfume type?
6. What is the breakup of the North America perfume market based on the category?
7. What is the breakup of the North America perfume market based on the distribution channel?
8. What are the key regions in the North America perfume market?
A perfume is a combination of essential oils and aroma compounds which gives a pleasant smell to an individual's body. Plants such as sandalwood, rosemary, jasmine, cinnamon and rose are the primary sources of essential oils that provide a distinctive aroma to the perfume. Apart from this, various natural ingredients like flowers, grasses, spices, fruits, woods, roots, resins, balsams, leaves, gums and animal secretions are also used in the perfume production.
The North America perfume market is currently being driven by several factors. The market growth can primarily be attributed to an increase in consumer spending on beauty and personal care items in the region. Moreover, one of the major trends in the region is the growing preference for a variety of fragrances as opposed to a single signature scent. Being witnessed particularly among the younger generation, this trend has encouraged consumer spending on both mass as well as premium products. Moreover, the rising demand for on-the-go, natural and value-added products is also contributing to the market growth.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the North America perfume market report, along with forecasts at the regional and country level from 2024-2032. The report has categorized the market based on perfume type, category and distribution channel.- Key Regions Analysed
- United States
- Canada
- Analysis for Each Country
Market by Perfume Type
- Premium Perfume Products
- Mass Perfume Products
Market by Category
- Female Fragrances
- Male Fragrances
- Unisex Fragrances
Market by Distribution Channel
- Supermarkets and Hypermarkets
- Specialty Retailers
- Online Stores
- Others
- Value Chain Analysis
- Key Drivers and Challenges
- Porters Five Forces Analysis
- Competitive Landscape
- Competitive Structure
- Key Player Profiles
Key Questions Answered in This Report
1. What was the size of the North America perfume market in 2023?2. What is the expected growth rate of the North America perfume market during 2024-2032?
3. What are the key factors driving the North America perfume market?
4. What has been the impact of COVID-19 on the North America perfume market?
5. What is the breakup of the North America perfume market based on perfume type?
6. What is the breakup of the North America perfume market based on the category?
7. What is the breakup of the North America perfume market based on the distribution channel?
8. What are the key regions in the North America perfume market?
Table of Contents
1 Preface3 Executive Summary14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Perfume Market
6 North America Perfume Market
7 North America Perfume Market: Breakup by Perfume Type
8 North America Perfume Market: Breakup by Category
9 North America Perfume Market: Breakup by Distribution Channel
10 North America Perfume Market: Breakup by Country
11 SWOT Analysis
12 Value Chain Analysis
13 Porter’s Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 124 |
| Published | March 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 6.6 Billion |
| Forecasted Market Value ( USD | $ 8.5 Billion |
| Compound Annual Growth Rate | 2.9% |
| Regions Covered | North America |
