Constantly Evolving Consumer Demand Patterns underpin Steady Expansion of Fragrances Market
The contours of the global fragrances market is increasingly shaped by the constantly changing preferences of consumers of personal care products. Fragrances as ingredients are widely used in cosmetics, household products, soaps, toiletries, and detergents. The consumption of fragrances is gaining strength from the rising demand for aromatic personal care products and grooming products, among both women and men. Manufacturers are alluring existing and prospective consumers by developing exotic fragrances for household and cosmetics products that could make new imprints on their minds. The rise in living standards has offered a robust thrust to the demand for fragrances in several developing and developed countries. Market players are witnessing new, exciting avenues in the rising demand for natural fragrances. The fragrances market is expected to witness exciting evolution trajectories in the coming years as well riding back on these trends. Constant research in aromatherapy is likely to spur innovations in the fragrances market.
Celebrity-inspired Fragrances could unlock Promising Growth Trajectories
Emerging prospects in the fragrance market are constantly fueled by new health and wellness trends, especially in developing and developed regions. Perfume manufacturers over the past few years have been capitalizing on the rising popularity of celebrity scents entered by celebrities with brands as part of endorsement deals. The emerging demand patterns for fragrances are likely to be influenced by this trend. The hype around celebrity-inspired perfumes is not likely to subside in the fragrances market anytime soon.
Leveraging Potential of New Sales Channels to lead to New Revenues Streams
Online sales channels for personal care and household products with fragrances are emerging as potential avenues. Manufactures are tapping into these avenues to launch new products with exotic aromas. Furthermore, an umpteen number of social media blogs are stoking the popularity of fragrances among worldwide consumers of all demographics. However, the uptake of online sales channels is incipient stages. The sales of products in hypermarkets and supermarkets continue to hold the sway in the fragrances market.
About the Report
The report titled “Fragrances Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” offers a granular assessment of various key trends and opportunities shaping the current landscape and emerging prospects of the global fragrances market in various regions. The study drills into the regional and global dynamics of fragrances by breaking the entire study into key segments that witness distinct consumer patterns. The report presents in-depth insights into the dynamics of various product types such as cosmetics and toiletries, fine fragrances, soap and detergents, household products, and a category comprising various other products. The study also takes a closer look at the prospects and trends in various distribution channels such as online channels, supermarkets, hypermarkets, and specialized cosmetic stores. However, new fragrance collections will see the presence sales channels in the coming years.
Fragrances are made chemicals and usually contain a blend of essential oils, which emit pleasing aroma or scents. They are found in a wide variety of personal care and grooming products, household products, and cosmetics used in both by men and women. The ingredients of fragrances can be sourced naturally or may contain synthetic raw materials. Key benefits derived from the application of fragrances are in aromatherapy and for mood rejuvenation of users. Manufactures of personal care and household products and perfume brands are constantly experimenting with a variety of scents or blend of notes to develop new fragrances in the end products.
Additional Questions Answered
The global fragrances market shed lights on various aspects and answer pertinent questions including:
- What revenue with the rapidly rising demand for fine fragrances and household products bring to the global fragrances market?
- What is prospect of online sales channels and will they create substantial revenue streams?
- Are there some vital trends likely to challenging the prominent demand for fragrances in Europe?
- What will be pace with which the Asia Pacific excluding Japan (APEJ) fragrances market will rise in the coming years?
- What are new areas on which key players will focus their attention to gain competitive edge over others?
The report on the global fragrances market presents an elaborate assessment of various players in the competitive dynamic. It takes a critical look at the intensity of competition and the strategies adopted by them to consolidate their shares. The fragrances market include prominent names such as Coty Inc., Amway Corporation, The Estée Lauder Companies Inc., Chanel International B.V., Henkel AG & Co. KGaA, Church & Dwight Co., Inc., CavinKare Pvt. Ltd., Avon Products, Inc., and Clarins S.A.
The “Fragrances Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” research report offers in-depth insights into the various dynamics influencing the current trends and emerging prospects of the fragrances market. The study highlights key drivers and restraints, notable trends, promising avenues, major product launches, and the prevailing competitive landscape in the global fragrances market. The report offers market sizing and growth prospects during the historic period of 2012–2017, year-over-year growth estimations, and forecasts of various segments during the period 2017–2022. All share, size, and volume figures in the report are represented in US$ Mn. The analyses and findings are covered in 12 chapters.
Chapter 1 – Executive Summary
The report starts with a concise snapshot of the fragrances market, its prospects, and a broad assessments of its various dynamics.
Chapter 2 – Overview
The second chapter sheds light on the taxonomy of the the fragrances market and assesses the scope of the study. This section offers insights into year-over-year of various segments of fragrances. The chapter details the key elements of dynamics including drivers and restraining factors and pivotal trends in the fragrances market. It also takes a closer look at supply chain and cost structure, raw materials sourcing strategies, and pricing structure in the fragrances market. In the end, the section lays down intensity map of various participants of the market.
Chapter 3 – Product-wise Assessment and Estimations of Global Fragrances Market
In this section, the report offers insights into the revenue share, market sizing, and the year-over-year growth projections of various products. Key product categories analyzed here are cosmetics and toiletries, fine fragrances, soap and detergent fragrances, and household products.
Chapter 4 –Assessment and Estimations of Distribution Channels in Global Fragrances Market
The chapter assesses the dynamics of various distribution channels for fragrances. It evaluates the revenue, market sizing, and year-over-year growth of channels such as supermarkets, hypermarkets, online sales, and specialty cosmetic stores.
Chapter 5 – Regional Assessment and Estimations of Global Fragrances Market
The chapter presents market size and forecast of various regions. It offers assessment of the fragrances market dynamics in regions such as North America, Latin America, Europe, Japan, and the Middle East and Africa (MEA).
Chapter 6 - North America Fragrances Market Assessment and Forecasts
This chapter offers assessment of North America and compares its revenue based on products and distribution channels in various countries of North America. Key countries analyzed are the U.S. and Canada.
Chapter 7 – Latin America Fragrances Market Assessment and Forecasts
This section of the study looks at the revenue of the Latin America market for fragrances by assessing the prospects in counties such as Argentina, Brazil, and Mexico.
Chapter 8 – Europe Fragrances Market Assessment and Forecasts
This chapter presents the revenue share and size of the Europe market for fragrances and compares its revenue based on various products and distribution channels. Various countries analyzed in the study are the U.K., Germany, France, Spain, Italy, and the Nordics.
Chapter 9 – Japan Fragrances Market Assessment and Forecasts
This chapter offers market size and forecast of the Japan market for fragrances.
Chapter 10 – Asia Pacific excluding Japan (APEJ) Market Assessment and Forecasts
This section presents the revenue share and size of the Europe market for fragrances and offers a comparative analysis of revenue in countries such as China, India, Malaysia, Thailand, Singapore, and Australia.
Chapter 11 – Middle East and Africa (MEA) Market Assessment and Forecasts
This section presents the revenue share and size of the MEA market for fragrances. It offers a comparative analysis of various countries of the MEA with respect to various products and distribution channels. Countries analyzed here are GCC, South Africa, Nigeria, and Israel.
Chapter 12 – Company Overview and Financials
This section offers company profiling, product overview, and financials, and financials in the fragrances market. Companies profiled in the report are Clarins, Coty Inc., Amway Corporation, the Estée Lauder Companies Inc., Chanel International B.V., Lion Corporation, Henkel AG & Co. KGaA, Church & Dwight Co., Inc., CavinKare Pvt. Ltd., and Avon Products, Inc.
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