Global Perfume Market 2017-2022 | Share, Size, Industry Report and Outlook
Perfume also offers aromatherapeutic benefits such as relieving stress, easing out mind and increasing energy levels. According to a new report by Expert Market Research, the global perfume market reached a value of US$ 37 Billion in 2016 and is further expected to reach US$ 49 Billion by 2022. Click here for summary of the report: http://www.expertmarketresearch.com/reports/perfume-market Perfume also offers aromatherapeutic benefits such as relieving stress, easing out mind and increasing energy levels. According to a new report by Expert Market Research, the global perfume market reached a value of US$ 37 Billion in 2016 and is further expected to reach US$ 49 Billion by 2022. Click here for summary of the report: http://www.expertmarketresearch.com/reports/perfume-market
REPORT DESCRIPTION Global Perfume Market to Reach US$ 49 Billion by 2022 Perfume which was earlier considered to be a trivial commodity, has now turned into an everyday personal grooming product. It provides pleasant smell which adds to one’s personality and boosts confidence. Perfume also offers aromatherapeutic benefits such as relieving stress, easing out mind and increasing energy levels. According to a new report by Expert Market Research, the global perfume market reached a value of US$ 37 Billion in 2016 and is further expected to reach US$ 49 Billion by 2022. Over the past few years, the market for perfumes has witnessed several changes with increasing competition and fluctuating consumers’ preferences. Consumers have become extra conscious about their personal appearance and grooming in order to fit in today’s society. This has led to the trend of a higher spending on products like perfumes which enhances one’s personality. A high demand for premium perfumes with exotic and unique fragrances has also been observed. Further, manufacturers are venturing into the use of natural and renewable ingredients in order to reach a wide consumer base. Keeping in mind the convenience, the packaging methods of perfumes have also improved as they are now available in the form of rollerballs, travel sprays, etc. Increasing global population, rising urbanisation rates, aggressive marketing by manufacturers and a growing demand from emerging markets such as Asia-Pacific are some of the other forces that have broadened the growth aspects of the global perfume market.
REPORT DESCRIPTION
- Page 1: Perfume Market Report and Forecast
- Page 5 and 6: REPORT DESCRIPTION Expert Market Re
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REPORT DESCRIPTION<br />
<strong>Global</strong> <strong>Perfume</strong> <strong>Market</strong> to Reach US$ 49 Billion by <strong>2022</strong><br />
<strong>Perfume</strong> which was earlier considered to be a trivial commodity, has now turned into an everyday<br />
personal grooming product. It provides pleasant smell which adds to one’s personality <strong>and</strong> boosts<br />
confidence. <strong>Perfume</strong> also offers aromatherapeutic benefits such as relieving stress, easing out mind<br />
<strong>and</strong> increasing energy levels. According to a new report by Expert <strong>Market</strong> Research, the global<br />
perfume market reached a value of US$ 37 Billion in 2016 <strong>and</strong> is further expected to reach US$ 49<br />
Billion by <strong>2022</strong>.<br />
Over the past few years, the market for perfumes has witnessed several changes with increasing<br />
competition <strong>and</strong> fluctuating consumers’ preferences. Consumers have become extra conscious about<br />
their personal appearance <strong>and</strong> grooming in order to fit in today’s society. This has led to the trend of a<br />
higher spending on products like perfumes which enhances one’s personality. A high dem<strong>and</strong> for<br />
premium perfumes with exotic <strong>and</strong> unique fragrances has also been observed. Further, manufacturers<br />
are venturing into the use of natural <strong>and</strong> renewable ingredients in order to reach a wide consumer<br />
base. Keeping in mind the convenience, the packaging methods of perfumes have also improved as<br />
they are now available in the form of rollerballs, travel sprays, etc. Increasing global population, rising<br />
urbanisation rates, aggressive marketing by manufacturers <strong>and</strong> a growing dem<strong>and</strong> from emerging<br />
markets such as Asia-Pacific are some of the other forces that have broadened the growth aspects of<br />
the global perfume market.
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