The UAE perfume market size reached US$ 614.3 Million in 2022. Looking forward, the market expected to reach US$ 1,156.5 Million by 2028, exhibiting a growth rate (CAGR) of 11.88% during 2023-2028, according to the new market research report by IMARC Group.
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.
Covid-19 Scenario:
Note: We are regularly tracking the impact of COVID-19 on the UAE perfume market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/uae-perfume-market/requestsample
Market Trends and Drivers:
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.
Competitive Landscape:
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.
Ask An Analyst:- https://www.imarcgroup.com/request?type=report&id=1018&flag=C
UAE Perfume Market 2023-2028 Analysis and Segmentation:
The report has segmented the market on the basis of Price, Gender, Perfume Type.
Market Breakup by Price
- Premium Products
- Mass Products
Market Breakup by Gender
- Male
- Female
- Unisex
Market Breakup by Perfume Type
- Arabic
- French
- Others
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us
134 N 4th St.
Brooklyn, NY 11249,
USA
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal
