IMARC Group’s latest research report, titled “UAE Perfumet: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,”the UAE perfume market is expected to exhibit a CAGR of XX% during 2022-2027.
Perfumes are made up of fragrances or essential oils, which provide a pleasant smell to the individual. The common natural ingredients utilized in the production of perfumes include spices, woods, roots, balsams, gums, flowers, grasses, fruits, resins, leaves, and animal secretions.
The UAE represents one of the major exporters and producers of perfumes worldwide, owing to the rising demand for exotic and fine fragrances. Presently, the production of perfumes has evolved into a mainstream business in the personal care and cosmetics industry.
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UAE Perfume Market Trends
The growing trend of personal grooming, along with the rising popularity of youth-oriented and exotic fragrances, is primarily driving the market for perfume market in UAE. Furthermore, escalating demand for luxury fragrances due to the inflating income consumer income levels and elevating living standards is further bolstering the sales of perfumes.
Moreover, key market players in the region are introducing rich and warm oriental fragrances with natural ingredients, such as oud, musk, amber and exotic flowers to expand their consumer base. Various other factors, including easy product availability on e-commerce platforms, aggressive promotional activities on social media, and growing working women population in the UAE, are anticipated to further drive the UAE perfume market in the coming years.
Note: 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.
The market is highly fragmented in nature with the presence of small, mid-size and large palyers in the country. The report analyzes some of the major players operating in the industry.
For more information about this report visit: https://bit.ly/3w4EZe4
UAE Perfume Market 2021-2026 Analysis and Segmentation:
The report has segmented the market on the basis of Price, Gender, Perfume Type.
Market Breakup by Price
Market Breakup by Gender
Market Breakup by Perfume Type
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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