Global Fragrances Market Overview: 2025-2030

Base Year: 2024

Historical Years:  2020–23

Forecast Years: 2025-2030

The Global Fragrances Market size was valued at around USD 66.59 billion in 2024 and is projected to reach USD 98.32 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.71% during the forecast period, i.e., 2025-30.

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Global Fragrances Market Dynamics: 2025-2030

Global Fragrances Market Driver:

Booming Demand for Cosmetics to Upscale the Market Growth Graph – The Fragrances Market is being driven by the growing number of working women & their increased spending on cosmetics. This trend is expected to strengthen fragrance demand alongside the rising interest in personal care products. Additionally, the expanding global population of elderly individuals is driving the demand for anti-aging cosmetic products, many of which include scents in creams, serums, and facial oils. Thus, consumers' willingness to invest in advanced anti-aging treatments to reduce imperfections, wrinkles, and dark spots while enhancing skin tone is further fuelling the demand for fragrances. Consequently, the aging population's tilt toward cosmetic products and the consumers' pursuit of enhanced attractiveness would instigate the Fragrances Market share in the future years.

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Global Fragrances Market (2025-30): Segmentation Outlook

The market report has segmented the market into the following categories:

By Product Type

-Personal Care

-Cosmetics

-Deodorants & Perfumes

-Household Care

-Room Fresheners

-Bathroom Fresheners

-Others (Oral Care, Fabric Care, etc.)

By Ingredient

-Natural

-Synthetic

Fragrances with Natural Ingredients are witnessing an upward demand and are predicted to hold a significant share of the Fragrances Market in the forecast years. 

By Distribution Channel

-Offline

-Hypermarket/ Supermarket

-Retail Stores

-Others (Convenience Stores, Departmental Stores etc.)

-Online

By Region

-North America

-South America

-Europe

-Middle East & Africa

-Asia Pacific.

North America would continue to seize the dominant place in the Fragrances Market with the largest share during 2025-30.

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Top Companies Operating in the Global Fragrances Market:

-Ajmal Perfumes Pvt. Ltd.

-Attar Al Has

-Chanel S A

-Church & Dwight Co. Inc.

-Estee Lauder Co. Inc.

-Givaudan SA

-Firmenich SA

-Hindustan Unilever Limited

-International Flavors & Fragrances

-Natura & Co.

-Procter & Gamble Health Ltd.

-Revlon Inc.

-SC Johnson & Son Inc.

-Shanghai Ligan Perfume Cosmetics Co. Ltd.

-Shiseido Co.Ltd.

-The Avon Co.

-The Perfume Company

-Others (Burberry Group PLC, Calvin Klein etc.)

Industry Recent Development:

• 2023: Estee Lauder Companies Inc. has unveiled Beautiful Magnolia L'Eau, a fresh fragrance tailored for women. This new addition to their product line aims to diversify their offerings and drive profitability.
• 2022: L’Oréal S.A. has reintroduced its high-end beauty label Lancôme in India, planning to offer a range of makeup, fragrances, and skincare items under the Lancôme brand across the country.

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