GCC Perfume Market Trends, Share, Size, Growth, Opportunity and Forecast Report 2019-2024 - ResearchAndMarkets.com

DUBLIN--()--The "GCC Perfume Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The GCC perfume market was worth more than US$ 2.44 Billion in 2018. The market is further projected to reach a value of nearly US$ 3.87 Billion by 2024, at a CAGR of approximately 8.9% during 2019-2024.

Perfume is a fragrant liquid which is prepared by combining water, alcohol, aroma compounds, essential oils, solvents and fixatives. Perfumes are formulated on the basis of different scent families such as green, oriental, musk, floral, woody, amber, herbaceous, etc. As compared to earlier, perfumes have, nowadays, become a necessity and are used on a daily basis. They help in improving the overall personality of a person by offering a pleasant scent to the human body. As a result, perfumes have gained immense traction in the GCC region.

GCC Perfume Market Drivers

  • Over the past few years, the tourism sector of the GCC region has experienced a significant growth which has triggered the surge in the duty-free sales. This acts as a major factor which has been boosting the perfume market in the region.
  • In the GCC region, the disposable income of the consumers has been increasing owing to which they are able to afford premium categories of different fragrances and perfumes. This has contributed towards a propelling demand for good-quality perfumes across the region.
  • As majority of the people in the GCC region follow Islamic beliefs, manufacturers have started producing fragrances and perfumes according to halal regulations which has positively influenced the growth of the market.

Market Breakup by Price:

Premium products currently represent the largest category of perfumes in the GCC region. These products are followed by mass products.

Market Breakup by Gender:

The perfume market in the GCC region has been segmented on the basis of categories which include unisex, female and male. Currently, unisex represents the most popular category.

Market Breakup by Product

Based on the product type, the market has been segregated into Arabic and French perfumes. Arabic perfumes dominate the market, holding the majority of the market share.

Market Breakup by Region

On a geographical front, Saudi Arabia enjoys the leading position in the GCC perfume market. Some of the other major markets include UAE and Kuwait.

Key Questions Answered in This Report:

  • How has the GCC perfume market performed so far and how will it perform in the coming years?
  • What are the key regions in the GCC perfume market?
  • What are the key product types in the GCC perfume market?
  • What has been the performance of the premium segment versus the mass segment?
  • What are the various stages in the value chain of the GCC perfume market?
  • What are the key driving factors and challenges in the GCC perfume market?
  • What is the structure of the GCC perfume market and who are the key players?
  • What is the degree of competition in the GCC perfume market?

Key Topics Covered:

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.3.1 Primary Sources

2.3.2 Secondary Sources

2.4 Market Estimation

2.4.1 Bottom-Up Approach

2.4.2 Top-Down Approach

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Perfume Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Price

5.4 Market Breakup by Gender

5.5 Market Breakup by Distribution Channel

5.6 Market Breakup by Region

5.7 Market Forecast

6 GCC Perfume Market

6.1 Market Overview

6.2 Market Performance

6.3 Market Breakup by Price

6.4 Market Breakup by Gender

6.5 Market Breakup by Product

6.6 Market Breakup by Region

6.7 Market Forecast

6.8 SWOT Analysis

6.9 Value Chain Analysis

6.9.1 Overview

6.9.2 Research and Development

6.9.3 Raw Material Procurement

6.9.4 Manufacturing

6.9.5 Marketing

6.9.6 Distribution

6.9.7 End-Use

6.10 Porters Five Forces Analysis

6.11 Price Analysis

6.11.1 Key Price Indicators

6.11.2 Price Structure

6.11.3 Margin Analysis

7 Market Breakup by Price

7.1 Premium Products

7.2 Mass Products

8 Market Breakup by Gender

8.1 Male

8.2 Female

8.3 Unisex

9 Market Breakup by Product

9.1 Arabic

9.2 French

9.3 Others

10 Market Breakup by Region

10.1 Saudi Arabia

10.1.1 Market Trends

10.1.2 Market Breakup by Price

10.1.3 Market Breakup by Gender

10.1.4 Market Breakup by Product

10.1.5 Key Players

10.1.6 Market Forecast

10.2 UAE

10.3 Kuwait

10.4 Others

11 Perfume Manufacturing Process

11.1 Product Overview

11.2 Raw Material Requirements

11.3 Manufacturing Process

11.4 Key Success and Risk Factors

12 Competitive Landscape

12.1 Market Structure

12.2 Key Players

12.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/wb7n8f


Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Fragrances


Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Fragrances