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Fragrances - Singapore

Singapore
  • In 2025, the Fragrances market in Singapore is projected to generate a revenue of US$145.98m.
  • This market segment is expected to experience an annual growth rate of 2.15% from 2025 to 2030 (CAGR 2025-2030).
  • When compared globally, United States leads in terms of revenue, with a projected amount of US$9bn in 2025.
  • Taking into account the total population figures, in Singapore is estimated to generate a per person revenue of US$23.97 in 2025.
  • By 2025, approximately 0 of the sales in the Fragrances market will be attributed to 0.
  • "Singapore's fragrance market is booming with a rising demand for luxury scents and a growing preference for unique and niche fragrances."

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
Fragrances: market data & analysis - Cover

Market Insights report

Fragrances: market data & analysis
CONTENTBOX_CAPTION_STUDY_DETAILS

    Revenue

    NOTES: Data was converted from local currencies using average exchange rates of the respective year.

    MOST_RECENT_UPDATE: Feb 2025

    SOURCE: Statista Market Insights

    MOST_RECENT_UPDATE: Feb 2025

    SOURCE: Statista Market Insights

    Key Players

    MOST_RECENT_UPDATE: Mar 2024

    SOURCE: Statista Market Insights

    Sales Channels

    MOST_RECENT_UPDATE: Oct 2024

    SOURCE: Statista Market Insights

    Global Comparison

    MOST_RECENT_UPDATE: Feb 2025

    SOURCE: Statista Market Insights

    Methodology

    Data coverage:

    The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

    Additional notes:

    The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.

    Consumer

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    Fragrances: market data & analysis - BackgroundFragrances: market data & analysis - Cover

    Key Market Indicators

    NOTES: Based on data from IMF, World Bank, UN and Eurostat

    MOST_RECENT_UPDATE: Jan 2025

    SOURCE: Statista Market Insights

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