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The Asia Pacific perfume market size reached USD 4.93 billion in 2023. The market is expected to grow at a CAGR of 6.04% between 2024 and 2032, reaching USD 8.34 billion by 2032.
Due to its affordability and accessibility to a broader consumer base, the Asia Pacific perfume market experiences growth primarily driven by mass-produced products
Mass perfumes, known for their affordability and accessibility, appeal to budget-conscious consumers by offering diverse scents and packaging options. Suitable for everyday use, they provide lighter fragrances suitable for various activities, enhancing personal expression and confidence.
Premium perfumes, on the other hand, emphasize superior quality and luxurious ingredients, creating complex fragrances that cater to those valuing opulence. They attract status-conscious consumers seeking exclusivity, with long-lasting scents suitable for special occasions, elevating the olfactory experience.
In July 2023, Aranyam unveiled six new fragrances under the oudh and aqua categories. The Aqua Perfumes line welcomed Aqua Neel, Aqua Meer, and Aqua Yuva, while the Oudh Perfumes line introduced White Oudh, Oudh Rasa, and Oudh Aranya. These fragrances embodied India's natural essence and Ayurvedic traditions.
Asia Pacific Perfume Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Product Type
Market Breakup by End User
Market Breakup by Distribution Channel
Market Breakup by Region
The Asia Pacific perfume market key players are Estee Lauder Companies Inc., Amorepacific Corporation, Chanel SA, Shiseido Co.,Ltd., Burberry Group PLC, Dolce & Gabbana S.r.l., Kering SA, PVH Corp., Natura &Co., LVMH Moet Hennessy Louis Vuitton SE, and Hermès International S.A. among others.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Product Type |
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| Breakup by End User |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market was valued at USD 4.93 billion in 2023.
The market is projected to grow at a CAGR of 6.04% between 2024 and 2032.
The revenue generated from the perfume market is expected to reach USD 8.34 billion in 2032.
The perfume market is categorised according to the product type, which includes mass and premium.
The key players are Estee Lauder Companies Inc., Amorepacific Corporation, Chanel SA, Shiseido Co.,Ltd., Burberry Group PLC, Dolce & Gabbana S.r.l., Kering SA, PVH Corp., Natura &Co., LVMH Moet Hennessy Louis Vuitton SE, and Hermès International S.A. among others.
Based on the distribution channel, the market is divided into offline - hypermarkets/supermarkets, pharmacies, convenience stores, and online channels.
The market is broken down into China, Japan, India, ASEAN, Australia, and others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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