Perfume Market in US by End-user and Distribution Channel - Forecast and Analysis 2021-2025

  • Published: Oct 2021
  • Pages: 120
  • SKU: IRTNTR71132
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The perfume market share in the US should rise by USD 3.32 billion from 2021 to 2025 at a CAGR of 9.16%.

This perfume market in the US research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (women and men) and distribution channel (offline and online). The perfume market report in the US also offers information on several market vendors, including Alpha Aromatics Inc., BELLEVUE PARFUM USA, Capri Holdings Ltd., CHANEL Ltd., Coty Inc., Firmenich SA, Kapoor Luxury Fragrances, Royal Aroma, The Estee Lauder Co. Inc., and The Procter and Gamble Co. among others.

What will the Perfume Market Size in the US be in 2021?

To Unlock the Perfume Market Size in the US for 2021 and Other Important Statistics, Download the Free Report Sample!

Perfume Market in the US: Key Drivers and Trends

The improving living standards are notably driving the perfume market growth in the US, although factors such as the availability of counterfeit products may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the perfume industry in the US. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This perfume market analysis report in the US also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Perfume Market Vendors in the US?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Alpha Aromatics Inc.
  • BELLEVUE PARFUM USA
  • Capri Holdings Ltd.
  • CHANEL Ltd.
  • Coty Inc.
  • Firmenich SA
  • Kapoor Luxury Fragrances
  • Royal Aroma
  • The Estee Lauder Co. Inc.
  • The Procter and Gamble Co.

 

The vendor landscape of the perfume market in the US entails successful business strategies deployed by the vendors. The perfume market in the US is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the perfume market forecast in the US report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

What are the Revenue-generating End-user Segments in the Perfume Market in the US?

To gain further insights on the market contribution of various segments Request for a FREE sample

The perfume market share growth in the US by the women segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the perfume market size in the US. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

Perfume Market Scope in US

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 9.16%

Market growth 2021-2025

$ 3.32 billion

Market structure

Fragmented

YoY growth (%)

31.00

Regional analysis

US

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

Alpha Aromatics Inc., BELLEVUE PARFUM USA, Capri Holdings Ltd., CHANEL Ltd., Coty Inc., Firmenich SA, Kapoor Luxury Fragrances, Royal Aroma, The Estee Lauder Co. Inc., and The Procter and Gamble Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Factors Covered in this Perfume Market Report in the US?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive perfume market growth in the US during the next five years
  • Precise estimation of the perfume market size in the US and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of perfume market vendors in the US

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Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user
  • Women - Market size and forecast 2020-2025
  • Men - Market size and forecast 2020-2025
  • Market opportunity by End-user

Market Segmentation by Distribution channel

  • Market segments
  • Comparison by Distribution channel
  • Offline - Market size and forecast 2020-2025
  • Online - Market size and forecast 2020-2025
  • Market opportunity by Distribution channel

Customer landscape

  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Alpha Aromatics Inc.
  • BELLEVUE PARFUM USA
  • Capri Holdings Ltd.
  • CHANEL Ltd.
  • Coty Inc.
  • Firmenich SA
  • Kapoor Luxury Fragrances
  • Royal Aroma
  • The Estee Lauder Co. Inc.
  • The Procter and Gamble Co.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The perfume market growth will increase by $3325.83 million during 2020-2025.
The perfume market is expected to grow at a CAGR of 9.16% during 2020-2025.
Technavio has segmented the perfume market by end user (Women and Men) ,distribution channel (Offline and Online) , and geographic (US).
Alpha Aromatics Inc., BELLEVUE PARFUM USA, Capri Holdings Ltd., CHANEL Ltd., Coty Inc., Firmenich SA, Kapoor Luxury Fragrances, Royal Aroma, The Estee Lauder Co. Inc., The Procter and Gamble Co. are a few of the key vendors in the perfume market.
US will register the highest growth rate of 100.00% among the other regions. Therefore, the perfume market in US is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • Rest of North America
The key factors driving the perfume market growth are:
  • Improving living standards
The perfume market vendors should focus on grabbing business opportunities from the women segment as it accounted for the largest market share in the base year.
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