Fragrances - Southern Asia
Southern Asia- In 2024, the Fragrances market in Southern Asia is projected to generate a revenue of US$3.04bn.
- It is anticipated that the market will experience an annual growth rate of 2.91% (CAGR 2024-2029).
- When compared globally, United States leads in revenue generation with US$9bn in 2024.
- Taking into account the total population, per person revenues for fragrances in Southern Asia are estimated to be US$1.59 in 2024.
- Looking ahead to 2024, Non-Luxury are expected to account for 84% of sales in the Fragrances market.
- In Southern Asia, the fragrance market is booming, with a growing preference for exotic floral scents inspired by the region's rich cultural heritage.
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
