What is Mass Fragrances Market Scope?
Mass Fragrances are a popular type of fragrances in the personal care market, it includes perfume and deodorants. The personal care sector is driven due to rising income, rapid urbanization, and promotions with the help of celebrities. This industry accounts for the country’s fast-moving consumer goods (FMCG), which is the term for consumer packaged goods. The market of the beauty care products is increasing due to the growing anti-aging treatment, moreover, the grooming products for man is also increasing due to the rising beauty care habit by people.
Influencing Trend:
Rising Preference for Natural and Organic Personal Care (NOPC) Products
Market Growth Drivers:
Increasing Adoption and Implementation of Augmented Reality in the Beauty Industry, Innovative and Eco-friendly Packaging Designs and Growing Demand for Anti-aging Products
Challenges:
High Manufacturing and Marketing Costs, Safer Products & Rapid Innovations in Cosmetics and High Competition Prevailing among Vendors for Different Product Categories
Restraints:
Possibility of the Presence of Harmful Chemical Ingredients in Cosmetic Products Hampers Customer Behavior and Stringent Government Rules and Regulation
Opportunities:
E-commerce Channel Influencing Sales and Collaboration of Leading Player with the Healthcare Industry
The Mass Fragrances market study is being classified by Type (Natural Fragrances and Synthetic Fragrances), by Application and major geographies with country level break-up.
Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Mass Fragrances market throughout the predicted period.
L’oreal Group (France), Procter & Gamble (United States), Beiersdorf AG (Germany), Avon Products Inc (United Kingdom), Unilever (United Kingdom), The Estée Lauder Companies Inc (United States), Shiseido (Japan), Kao Corp (Japan), Revlon Inc (United States) and Mary Kay Inc (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Yves Rocher (France), Oriflame Cosmetics Global SA (Luxembourg) and Alticor (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Mass Fragrances market by Type, Application and Region.
On the basis of geography, the market of Mass Fragrances has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
Unilever acquired the Asian cosmetics firm Carver Korea. The Anglo-Dutch company bought the entire business from Bain Capital Private Equity, Goldman Sachs, and the firm’s founder, strengthening its foothold in the Asian beauty market. This acquisition is expected to strengthen the position of Unilever in South Korea, which is fourth-largest cosmetics market
L’Oreal Paris unveiled a new hair care line to revive damaged hair, Elvive. The collections within the Elvive hair care line are expected to be designed to directly address a women's biggest hair care concerns: damaged, dry, and color-treated hair
Key Target Audience
Mass Fragrances Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
Mass Fragrances Market Study: Important Years
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Mass Fragrances Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Mass Fragrances industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.