Fragrances - Guyana
Guyana- In 2024, the Fragrances market in Guyana is projected to generate a revenue of US$6.78m.
- This market segment is expected to grow annually by 1.81%, according to the Compound Annual Growth Rate (CAGR) from 2024 to 2029.
- When compared globally, United States leads the way in revenue generation, with an estimated revenue of US$9bn in 2024.
- In terms of per capita revenue, in Guyana is expected to generate US$8.27 per person in 2024.
- Furthermore, by 2024, 87% of sales in the Fragrances market will be attributed to Non-Luxury.
- Guyana's fragrance market is booming with an increasing demand for exotic and tropical scents inspired by its lush rainforests.
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
