Fragrances - Belgium
Belgium- In 2024, the revenue generated in the Fragrances market in Belgium amounts to US$593.50m.
- It is projected that the market will experience an annual growth rate of 1.62% from 2024 to 2029 (CAGR 2024-2029).
- When compared globally, United States leads in terms of revenue generated, with US$9bn in 2024.
- In relation to the total population, per person revenues of US$50.65 are expected in 2024.
- By 2024, approximately 70% of the sales in the Fragrances market will be attributed to Non-Luxury.
- Belgium's fragrance market reflects the country's rich history and cultural diversity through a wide range of sophisticated and unique scents.
Definition:
The Fragrances includes the consumer market for perfume and Eau de Toilette and any fragrances which cover normal body odor. The market does not include room scents (see: Home and Laundry Care) or deodorants and antiperspirants (see: Personal Hygiene). The world's major manufacturers of fragrances and perfumes are Givaudan, Firmenich, IFF and Symrise whch mainly serve as suppliers for brand manufacturers. In the end consumer market, both brands of large cosmetics manufacturers, e.g. L'Oréal (Lancôme), as well as those under licence from fashion brands are well-known.
Additional Information:
The market comprises revenue, average revenue per capita, sales channel, and luxury share. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). For more information on the displayed data, click the info button on the right side of each box.
In-Scope
- Perfume
- Eaux de toilette
Out-Of-Scope
- Deodorants
- Room scents
