Solid Perfume Market to Grow at Impressive Rate During the Forecast Period
Changing consumer preferences for solid
perfumes, skin-friendly properties, and convenience in carrying into bags and
pouches are the factors that are fueling the expansion of the solid perfume
market.
According to TechSci
Research report, “Solid Perfume Market– Global Industry Size, Share,
Trends, Competition, Opportunity, and Forecast, 2017-2027F” Solid perfume is a portable fragrance
container without a top or bottom. The container, which is two pieces and made
of metal, holds the solid perfume. Due to their portability and lack of leaks,
these containers are trendy. The benefits of using a less messy product and
taking less time to apply are among the benefits of solid perfume driving
market growth.
Solidified perfumes
eliminate the possibility of spilling or leaking because the perfume container
might crack. Solid perfume is valuable and practical for those who do not want
to worry about their perfume leaking while traveling. After a circular massage,
the scented wax is applied to the skin's surface. Solid perfumes are portable
and convenient to carry in handbags and zip pouches. The perfume bottle is made
up of metal, preventing solid fragrances from evaporating and extending the
life of the scent. Solid perfume has a more intense aroma and can last 14
months thanks to its packaging. Solid fragrances can be applied in public
because they are discreet and small. The
market demand for solid perfumes is due to their easy availability and wide
range of domestic and foreign brands, as well as the fact that they do not
contain alcohol, which can prevent any irritation to the skin.
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data Figures spread through 70 Pages and an in-depth TOC on the "Solid Perfume Market"
Based on fragrance, the
market is segmented into single and mixed fragrances. Among these, mixed
fragrances will be the fastest growing because companies focus on making
different and unique fragrances out of various mixed fragrances to attract
customers and increase the demand for their products. The end-user market is
segmented into men, women, and unisex. Among these, the women end user holds
the largest market share because women spend more on shopping, and the increase
in the rate of working women propels the growth of this segment.
Based on distribution
channels, the market is segmented into supermarkets/hypermarkets, convenience
stores, specialty stores, online, and others. The online segment is anticipated
to increase market revenue among these distribution channels. Compared to
brick-and-mortar or offline stores, purchasing any product is significantly
influenced by the growing popularity of e-commerce and the rise in smartphone
usage. Additionally, online shopping offers attractive discounts that increase
the revenue of the target market.
On the basis of regional
analysis, the market is segmented into North America, Europe, Asia-Pacific,
Middle East & Africa, and South America. The North America region holds the
largest market share. It will continue to grow during the forecast period due
to its extensive manufacturing base, wide availability of solid perfumes, and
rising youth preference for them.
Key market players in the
Global Solid Perfume Market include:
- Diptyque
Distribution LLC
- Le Labo
Holding LLC
- Roots
Rose Radish
- Bougie
et Senteur SARL
- Jean
Niel Inc.
- Fury
Bros LLC
- Aroamas
- Sweet
Anthem Perfumes
- Lush
- Givenchy
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“Due to rising consumer demand for better
grooming practices, increased R&D and advertising efforts, the expanding
influence of social media, and celebrity endorsements, the global solid perfume
market is anticipated to expand throughout the forecast period. Additionally,
solid perfume eliminates the chance of leakage or spillage brought on by bottle
breaks. It's convenient to bring solid perfume when traveling. Customers
appreciate not worrying about the aromatic wax leaking when they apply it to
their skin. Companies also focus on different and unique fragrances to attract
consumers, increasing the demand for the products.” said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based global management
consulting firm.
“Solid
Perfume Market-Global Industry Size, Share, Trends, Opportunity, and
Forecast 2017-2027 Segmented, By Type (Organic Vs. Inorganic), By Fragrance
(Single Fragrance Vs. Mixed Fragrance), By End User (Men, Women, and Unisex), By
Distribution Channel (Supermarkets/Hypermarkets,
Convenience Stores, Specialty Stores, Online, and Others), By Region, By
Competition”, has evaluated the future growth potential of solid
perfume market globally and provides statistics and information on
market structure, size, share, and future growth. The report provides
cutting-edge market intelligence and helps decision-makers to make sound
investment decisions. Besides, the report also identifies the emerging trends
along with essential drivers, challenges, and opportunities present in the global
solid perfume market.
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