Europe Perfume Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024

Description

The European perfume market is projected to grow from $15.8 billion in 2024 to $22.1 billion by 2030, registering a compound annual growth rate (CAGR) of 5.7%. This growth is driven by rising disposable incomes, a well-established corporate and fashion culture, and increasing urbanization across the region. Consumers' growing focus on personal grooming and appearance, coupled with innovations in perfume formulations, including natural and eco-friendly ingredients, are further boosting market expansion. Additionally, the rise of e-commerce platforms and digital marketing initiatives is enhancing the accessibility and visibility of perfumes.

Key Insights

High disposable incomes are enabling consumers to spend more on luxury and premium fragrances, driving demand for high-end perfume brands.

The region's established corporate and fashion culture is increasing the demand for personal grooming products, including perfumes, as a symbol of sophistication and style.

Urbanization is concentrating affluent consumers in metropolitan areas, creating significant opportunities for perfume brands targeting urban markets.

The growing workforce is contributing to increased usage of perfumes as individuals prioritize grooming and professional appearance.

Rising appearance consciousness among consumers is leading to greater adoption of perfumes as an essential part of personal care routines.

Innovations in product formulations, such as the use of natural and eco-friendly ingredients, are attracting environmentally conscious consumers.

Sustainable packaging initiatives are gaining traction as brands address consumer demand for eco-friendly solutions.

Europe's status as a major tourist destination is supporting perfume sales, as visitors often purchase fragrances as souvenirs or gifts.

Investments in digital marketing, influencer collaborations, and social media campaigns are improving brand visibility and consumer engagement.

The expansion of e-commerce platforms is providing consumers with easier access to a wide range of perfumes, supporting market growth.

Product Code: 13133

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by distribution channel
- 1.4.2. Market size breakdown, by type
- 1.4.3. Market size breakdown, by price range
- 1.4.4. Market size breakdown, by preference
- 1.4.5. Market size breakdown, by age group
- 1.4.6. Market size breakdown, by purchase type
- 1.4.7. Market size breakdown, by usage type
- 1.4.8. Market size breakdown, by country
1.5. Market Data Reporting Unit
- 1.5.1. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
5.2. Impact of COVID-19
5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes

Chapter 6. Europe Market

6.1. Overview
6.2. Market Revenue, by Distribution Channel (2019-2030)
6.3. Market Revenue, by Type (2019-2030)
6.4. Market Revenue, by Price Range (2019-2030)
6.5. Market Revenue, by Preference (2019-2030)
6.6. Market Revenue, by Age Group (2019-2030)
6.7. Market Revenue, by Purchase Type (2019-2030)
6.8. Market Revenue, by Usage Type (2019-2030)
6.9. Market Revenue, by Country (2019-2030)

Chapter 7. Russia Market

7.1. Overview
7.2. Market Revenue, by Distribution Channel (2019-2030)
7.3. Market Revenue, by Type (2019-2030)
7.4. Market Revenue, by Price Range (2019-2030)
7.5. Market Revenue, by Preference (2019-2030)
7.6. Market Revenue, by Age Group (2019-2030)
7.7. Market Revenue, by Purchase Type (2019-2030)
7.8. Market Revenue, by Usage Type (2019-2030)

Chapter 8. Germany Market

8.1. Overview
8.2. Market Revenue, by Distribution Channel (2019-2030)
8.3. Market Revenue, by Type (2019-2030)
8.4. Market Revenue, by Price Range (2019-2030)
8.5. Market Revenue, by Preference (2019-2030)
8.6. Market Revenue, by Age Group (2019-2030)
8.7. Market Revenue, by Purchase Type (2019-2030)
8.8. Market Revenue, by Usage Type (2019-2030)

Chapter 9. France Market

9.1. Overview
9.2. Market Revenue, by Distribution Channel (2019-2030)
9.3. Market Revenue, by Type (2019-2030)
9.4. Market Revenue, by Price Range (2019-2030)
9.5. Market Revenue, by Preference (2019-2030)
9.6. Market Revenue, by Age Group (2019-2030)
9.7. Market Revenue, by Purchase Type (2019-2030)
9.8. Market Revenue, by Usage Type (2019-2030)

Chapter 10. U.K. Market

10.1. Overview
10.2. Market Revenue, by Distribution Channel (2019-2030)
10.3. Market Revenue, by Type (2019-2030)
10.4. Market Revenue, by Price Range (2019-2030)
10.5. Market Revenue, by Preference (2019-2030)
10.6. Market Revenue, by Age Group (2019-2030)
10.7. Market Revenue, by Purchase Type (2019-2030)
10.8. Market Revenue, by Usage Type (2019-2030)

Chapter 11. Italy Market

11.1. Overview
11.2. Market Revenue, by Distribution Channel (2019-2030)
11.3. Market Revenue, by Type (2019-2030)
11.4. Market Revenue, by Price Range (2019-2030)
11.5. Market Revenue, by Preference (2019-2030)
11.6. Market Revenue, by Age Group (2019-2030)
11.7. Market Revenue, by Purchase Type (2019-2030)
11.8. Market Revenue, by Usage Type (2019-2030)

Chapter 12. Spain Market

12.1. Overview
12.2. Market Revenue, by Distribution Channel (2019-2030)
12.3. Market Revenue, by Type (2019-2030)
12.4. Market Revenue, by Price Range (2019-2030)
12.5. Market Revenue, by Preference (2019-2030)
12.6. Market Revenue, by Age Group (2019-2030)
12.7. Market Revenue, by Purchase Type (2019-2030)
12.8. Market Revenue, by Usage Type (2019-2030)

Chapter 13. Competitive Landscape

13.1. List of Market Players and their Offerings
13.2. Competitive Benchmarking of Key Players
13.3. Product Benchmarking of Key Players
13.4. Recent Strategic Developments

Chapter 14. Company Profiles

14.1. CHANEL Inc.
- 14.1.1. Business overview
- 14.1.2. Product and service offerings
- 14.1.3. Key financial summary
14.2. LVMH Moet Hennessy - Louis Vuitton SE
- 14.2.1. Business overview
- 14.2.2. Product and service offerings
- 14.2.3. Key financial summary
14.3. GIVENCHY
- 14.3.1. Business overview
- 14.3.2. Product and service offerings
- 14.3.3. Key financial summary
14.4. Giorgio Armani S.p.A
- 14.4.1. Business overview
- 14.4.2. Product and service offerings
- 14.4.3. Key financial summary
14.5. Coty Inc.
- 14.5.1. Business overview
- 14.5.2. Product and service offerings
- 14.5.3. Key financial summary
14.6. Yves Saint Laurent SAS
- 14.6.1. Business overview
- 14.6.2. Product and service offerings
- 14.6.3. Key financial summary
14.7. Gianni Versace S.r.l.
- 14.7.1. Business overview
- 14.7.2. Product and service offerings
- 14.7.3. Key financial summary
14.8. Hermes
- 14.8.1. Business overview
- 14.8.2. Product and service offerings
- 14.8.3. Key financial summary
14.9. HUGO BOSS AG
- 14.9.1. Business overview
- 14.9.2. Product and service offerings
- 14.9.3. Key financial summary
14.10. Guccio Gucci S.p.A.
- 14.10.1. Business overview
- 14.10.2. Product and service offerings
- 14.10.3. Key financial summary
14.11. The Estee Lauder Companies Inc.
- 14.11.1. Business overview
- 14.11.2. Product and service offerings
- 14.11.3. Key financial summary
14.12. Lacoste S.A.
- 14.12.1. Business overview
- 14.12.2. Product and service offerings
- 14.12.3. Key financial summary

Chapter 15. Appendix

15.1. Abbreviations
15.2. Sources and References
15.3. Related Reports

Europe Perfume Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)