According to the latest report by IMARC Group, titled “North America Perfume Market Share: Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026,” the North America perfume market reached a value of US$ 6.3 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 3.3% during the forecast period (2021-2026).
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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A perfume refers to a combination of fragrances and essential oils extracted from natural ingredients, such as fruits, flowers, spices, balms, herbs, animal secretions, and leaves. It is widely used to signify personality, style, and individuality and influence the mood, behavior, and emotions of an individual. Presently, it has become an essential part of personal grooming among a significant portion of the population of the North American region.
The North America perfume market is primarily being driven by the increasing preference for premium and exotic perfumes on account of high-income levels and the growing demand for personalized perfumes among the masses. Moreover, the launch of flavored perfumes manufactured using herbal, organic, and sustainably sourced ingredients is favoring the market growth. Apart from this, manufacturers are introducing novel variants that can be used by individuals with sensitive skin. As these products are easily available through online retail platforms, the thriving e-commerce industry is creating a positive outlook for the market.
North America Perfume Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the north america perfume market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the north america perfume market on the basis of perfume type, category, distribution channel and country.
Breakup by Perfume Type:
- Premium Perfume Products
- Mass Perfume Products
Breakup by Category:
- Female Fragrances
- Male Fragrances
- Unisex Fragrances
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Retailers
- Online Stores
Breakup by Country:
- United States
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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