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The luxury perfume market size was valued at $11.7 Bn in 2018 and is expected to reach $16.8 Bn by 2026, registering a CAGR of 5.3% from 2019 to 2026.<br><br>Know More- https://www.alliedmarketresearch.com/luxury-perfume-market
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Luxury Perfume Market GET PDF GLOBAL OPPORTUNITY ANALYSIS AND INDUSTRY FORECAST 2019-2026 KNOW MORE
Market Overview The luxury perfume market size was valued at $11.7 billion in 2018 and is expected to reach $16.8 billion by 2026, registering a CAGR of 5.3% from 2019 to 2026. In 2017. Most of the developed countries have witnessed surging demand for luxury perfume products. For instance, as per the sources, the UK premium fragrance revenue sales increased by nearly 8.0% in 2016. Do Inquiry before buying : Click Here
Key Benefits for Luxury Perfume Market : The report provides an extensive luxury perfume market analysis of the current and emerging luxury perfume market trends and opportunities. The report provides detailed qualitative and quantitative analysis of the current luxury perfume market demand and future estimations that help evaluate the prevailing market opportunity. A comprehensive analysis of the factors that drive and restrict the Luxury Perfume market growth. An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework. The report provides extensive qualitative insights on the potential segments or regions exhibiting favorable growth.
Key Findings of the Luxury Perfume Market: In 2018, by price, the $100 - $200 priced luxury perfumes segment accounted for around higher market share, growing at a CAGR of 5.6% from 2019 to 2026. In 2018, by end user, the female segment accounted for higher luxury perfume market share. In 2018, by region, Asia-pacific accounted for a higher value luxury perfume market share. Key revenue opportunities, growth factors, and luxury perfume market trends in emerging economies are comprehensive highlighted in the report.
GEOGRAPHICAL OVERVIEW By region, the luxury perfume industry is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia Pacific is the most dominant region in the global luxury perfume market since some of the Asia Pacific countries like China, India, Australia, and other comprises of several key value addition brands that has been gaining higher level of traction among the target customers. In China, Christian Dior is known to be the most established brand. However, in the recent past, several other key brands came into the picture such as y Chanel and Elizabeth Arden.
LEADING MARKET PLAYERS L&L Luxury Company Ltd. Pheonix Fragrance Ltd. Guccio Gucci S.p.A. Louis Vuitton Clive Christian Floris London Giorgio Armani S.p.A. Creed Boutique, LLC Estée Lauder Companies Inc. Hermès International S.A.
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