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Fragrances Market Report

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    Report

  • 44 Pages
  • August 2025
  • Region: Global
  • MarketLine
  • ID: 6176633
Global Fragrances industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Fragrances market includes the retail sales of female fragrances, male fragrances, fragrances set, and unisex fragrances. Market is valued according to retail selling price (RSP) and includes any applicable taxes.
  • The global fragrances market recorded revenues of $60.74 billion in 2024, representing a compound annual growth rate (CAGR) of 2.5% between 2019-24.
  • Market consumption volumes declined with a negative CAGR of 0.2% between 2019-24, reaching a total of 1.49 billion units in 2024.
  • The moderate growth of the global fragrances market during 2019-24 can be attributed to the pandemic-related disruptions, including prolonged store closures, reduced social events, and a sharp decline in tourism that heavily impacted duty-free and travel-retail sales, key channels for premium perfumes.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the fragrances market in the global
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global fragrances market
  • Leading company profiles reveal details of key fragrances market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Global fragrances market with five year forecasts

Reasons to Buy

  • What was the size of the Global fragrances market by value in 2024?
  • What will be the size of the Global fragrances market in 2029?
  • What factors are affecting the strength of competition in the Global fragrances market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the global's fragrances market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the global fragrances market?
7.3. Which companies have been most successful in increasing their market shares during 2019-24?
7.4. Which companies market shares have suffered over the same period (2019-24)?
7.5. What are the most popular brands in the global fragrances market?
7.6. What have been the most significant developments in the global fragrances market in 2024?
8 Company Profiles
8.1. Natura & Co Holding SA
8.2. L'Oreal SA
8.3. Coty Inc
8.4. LVMH Moet Hennessy Louis Vuitton SE
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Global fragrances market value: $ million, 2019-24
Table 2: Global fragrances market volume: million units, 2019-24
Table 3: Global fragrances market category segmentation: % share, by value, 2019-24
Table 4: Global fragrances market category segmentation: $ million, 2019-24
Table 5: Global fragrances market geography segmentation: $ million, 2024
Table 6: Global fragrances market distribution: % share, by value, 2024
Table 7: Global fragrances market value forecast: $ million, 2024-29
Table 8: Global fragrances market volume forecast: million units, 2024-29
Table 9: Global fragrances market share: % share, by value, 2024
Table 10: Natura & Co Holding SA: Key Facts
Table 11: Natura & Co Holding SA: Annual Financial Ratios
Table 12: Natura & Co Holding SA: Key Employees
Table 13: L'Oreal SA: Key Facts
Table 14: L'Oreal SA: Annual Financial Ratios
Table 15: L'Oreal SA: Key Employees
Table 16: L'Oreal SA: Key Employees Continued
Table 17: Coty Inc: Key Facts
Table 18: Coty Inc: Annual Financial Ratios
Table 19: Coty Inc: Key Employees
Table 20: LVMH Moet Hennessy Louis Vuitton SE: Key Facts
Table 21: LVMH Moet Hennessy Louis Vuitton SE: Annual Financial Ratios
Table 22: LVMH Moet Hennessy Louis Vuitton SE: Key Employees
Table 23: LVMH Moet Hennessy Louis Vuitton SE: Key Employees Continued
Table 24: Global Exchange Rate, 2019-24
List of Figures
Figure 1: Global fragrances market value: $ million, 2019-24
Figure 2: Global fragrances market volume: million units, 2019-24
Figure 3: Global fragrances market category segmentation: $ million, 2019-24
Figure 4: Global fragrances market geography segmentation: % share, by value, 2024
Figure 5: Global fragrances market distribution: % share, by value, 2024
Figure 6: Global fragrances market value forecast: $ million, 2024-29
Figure 7: Global fragrances market volume forecast: million units, 2024-29
Figure 8: Forces driving competition in the global fragrances market, 2024
Figure 9: Drivers of buyer power in the global fragrances market, 2024
Figure 10: Drivers of supplier power in the global fragrances market, 2024
Figure 11: Factors influencing the likelihood of new entrants in the global fragrances market, 2024
Figure 12: Factors influencing the threat of substitutes in the global fragrances market, 2024
Figure 13: Drivers of degree of rivalry in the global fragrances market, 2024
Figure 14: Global fragrances market share: % share, by value, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Natura & Co Holding SA
  • L'Oreal SA
  • Coty Inc
  • LVMH Moet Hennessy Louis Vuitton SE