Global Perfume Ingredients Market -Market Size, Share & Industry Trends, Growth Analysis Report by Product Type, By Consumption and Forecast 2022 – 2032
Global Perfume Ingredients Market by Product (Essential Oils and Aromatic Chemicals), Application (Cosmetics & Toiletries, Soaps & Detergents, Household Products, Fine Fragrances, and Others), and Regions, (APAC, Europe, North America, and LAMEA) - Global Industry Analysis, Share, Growth, Trends, Size, and Forecast 2022 – 2032
The Global Perfume Ingredients market size was valued at USD 5.35 billion in 2022 and is anticipated to grow to USD 8.57 billion by 2032, expanding at a CAGR of 5.1 % during the forecast period, 2022–2032. The market's growth is attributed to the increasing demand for natural and health products and increasing disposable income.
Perfume is a mixture of fragrant essential oils, fixatives, aroma compounds, and solvents that gives a pleasant scent to the body. The exact ingredients of a perfume can vary depending on the brand, the intended scent, and the desired effect. However, here are some common perfume ingredients:
Other ingredients that may be added to perfumes include colorants, emulsifiers, and preservatives. It's important to note that not all perfume ingredients are safe for everyone, and some people may have allergies or sensitivities to certain ingredients. It's always a good idea to test a small amount of a new perfume on your skin before using it extensively.
Market Trends, Drivers, Restraints, and Opportunities
Scope of the Report
|Report Title||Global Perfume Ingredients Market|
|Segmentation||Product (Essential Oils and Aromatic Chemicals), Application (Cosmetics & Toiletries, Soaps & Detergents, Household Products, Fine Fragrances, and Others)|
|Regional Scope||APAC, Europe, North America, and LAMEA|
|Key Players Covered in the Report||Avon Products; Cacharel; Shiseido; Aroma Chemicals; LÓreal; Firmenich; Clarins Fragrance.|
Market Segment Insights
The aromatic chemicals segment is projected to register a considerable CAGR
Based on product, the perfume ingredients market is divided into essential oils and aromatic chemicals. The aromatic chemicals segment is expected to expand rapidly during the forecast period owing to ease of extraction and cost efficiency.
The soap & detergents segment is expected to expand at a rapid pace
Based on application, the perfume ingredients market is divided into cosmetics & toiletries, soaps & detergents, household products, fine fragrances, and others. The soap & detergents segment is expected to expand rapidly during the forecast period owing to factors like the restriction of fungi formation and removing bad odors. However, the cosmetics & toiletries segment is anticipated to hold a key share of the market in the coming years owing to continuous product innovations in the segment.
Europe & Latin America is anticipated to constitute a key market share
In terms of regions, the perfume ingredients market is classified as APAC, Europe, North America, and LAMEA. The market of Europe & Latin America is expected to constitute a key share of the market during the projected period due to the increasing demand for fragrant personal care goods by consumers. However, the market of the Asia Pacific is anticipated to expand at a rapid pace during the forecast period owing to changing lifestyles, rising disposable income, and improving living standards.
Key players competing in the Perfume Ingredients market are Avon Products; Cacharel; Shiseido; Aroma Chemicals; LÓreal; Firmenich; Clarins Fragrance.
How much is the market worth?
The Perfume Ingredients market size was valued at USD 5.35 billion in 2022 and is expected to surpass USD 8.57 billion by 2032.
During the forecast period, what is the CAGR of the market?
During the forecast period, the CAGR of the market is expected to be 5.1%.
What are the key drivers of the market?
The market's growth is attributed to the increasing demand for natural and health products and increasing disposable income.
What segments are covered in the Perfume Ingredients report?
The segments covered in the report are product (essential oils and aromatic chemicals), application (cosmetics & toiletries, soaps & detergents, household products, fine fragrances, and others).
Mention which region is expected to hold the highest share of the Perfume Ingredients market.
The Europe and Latin American region is expected to hold the highest share of the Perfume Ingredients market.
Mention the key players in the market.
Avon Products; Cacharel; Shiseido; Aroma Chemicals; LÓreal; Firmenich; Clarins Fragrance.
1 INTRODUCTION TO GLOBAL PERFUME INGREDIENTS MARKET
1.1 Overview of the Market
1.2 Scope of Report
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF WISH TREE INSIGHTS
3.1 Data Mining
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL PERFUME INGREDIENTS MARKET OUTLOOK
4.2 Market Dynamics
4.3 Value Chain Analysis
5 GLOBAL PERFUME INGREDIENTS MARKET, BY PRODUCT
5.2 Essential Oils
5.3 Aromatic Chemicals
6 GLOBAL PERFUME INGREDIENTS MARKET, APPLICATION
6.2 Cosmetics & Toiletries
6.3 Soaps & Detergents
6.4 Household Products
6.5 Fine Fragrances
7 GLOBAL PERFUME INGREDIENTS MARKET, BY GEOGRAPHY
7.2 North America
7.3.4 Rest of Europe
7.4 The Asia Pacific
7.4.4 Rest of Asia Pacific
7.5 Rest of the World (LAMEA)
7.5.1 Latin America
7.5.2 The Middle East & Africa
8 GLOBAL PERFUME INGREDIENTS MARKET COMPETITIVE LANDSCAPE
8.2 Company Market Ranking
8.3 Key Development Strategies
9 COMPANY PROFILES
9.1 Avon Products
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 Aroma Chemicals
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Developments
9.7 Clarins Fragrance
9.7.2 Financial Performance
9.7.3 Product Outlook
9.7.4 Key Developments
10.1 Related Research
Segments Covered in the Report
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