The North America perfume market reached a value of US$ 7.1 Billion in 2018. 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. Looking forward, the analyst expects the market to reach a value of US$ 8.5 Billion by 2024, registering a CAGR of more than 3% during 2019-2024.
Report Scope: North America Perfume Market
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: How has the North America perfume market performed so far and how will it perform in the coming years? What are the key regions in the North America perfume market? What is the breakup of the North America perfume market on the basis of perfume type? What is the breakup of the North America perfume market on the basis of category? What is the breakup of the North America perfume market on the basis of distribution channel? What are the various stages in the value chain of the North America perfume industry? What are the key driving factors and challenges in the North America perfume industry? What is the structure of the North America perfume industry and who are the key players? What is the degree of competition in the North America perfume industry? What are the profit margins in the North America perfume industry?
Report Coverage: Base Year Considered: 2018 Historical Data Coverage: 2013-2018 Market Forecast: 2019-2024 Currency: US$ Geography Covered: North America, United States and Canada Segments Covered: Perfume Type, Category and Distribution Channel.
Report Customization: Although the analyst has tried to cover everything in the North America perfume market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.
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