Saudi Arabia home fragrances market is
bound to experience impressive growth with anticipated CAGR in the forecast
period, 2024-2028, on account of rapidly increasing
demand for room fresheners and fragrance modulators in the recent market.
The home fragrances are flooding the market since the consumers are actively
inclined toward the modern and lavish lifestyle. Keeping the room ambiance and
home fragrant is simply a way of hygiene, and the factors are majorly
responsible for the Saudi Arabia home fragrance market in the upcoming five
years. Additionally, home fragrances are often associated with maintenance of
the ambiance, bringing positive energy, boosting moods and energy, along with
improving mental focus, and these advantages are actively driving the Saudi
Arabia home fragrances market in the upcoming five years. Furthermore, new
aesthetically pleasing products and personalization possibilities in the
products are driving the growth of the market in the next five years. The
rapidly expanding essential oil market is further aiding the growth of the
Saudi Arabia home fragrances market. The spa industry, with the various
programs and schemes for their consumers, is also actively responsible for the
growth of the Saudi Arabia home fragrances market in the forecast years until 2028.
The Saudi Arabia home fragrances market
is segmented as product type, fragrances, end-user, distribution channel,
competitional landscape, regional distribution. Based on product type, the
market is further segmented into sprays, sachets, electric air fresheners, and
others like scented candles, scented oils, etc. Sprays are anticipated to hold
the largest revenue shares of the market and assert their dominance over the
market on account of easy usability and accessibility for the consumers. Using
a spray bottle for the liquid fragrance to be sprayed is far easier for the
consumers. Moreover, electric air fresheners are anticipated to register the
fastest growing CAGR in the subsequent five years on the backbone of surging
demand for oil diffusers and essential oils use among consumers. The essential
oil diffusers, with their aesthetically pleasing freshener designs, are
influencing the growth of the Saudi Arabia home fragrances market in the next
five years. Also, the country has a history of inclination toward fragrant oils
and candles usage for room freshening purposes and for religious purposes,
thereby influencing the growth of the market in the subsequent five years of
the forecast until 2028.
A partial list of market players in the
Saudi Arabia home fragrances market includes Rezaroma
(Reza Hygiene), Johnson Saudi co. Ltd, Reckitt Benckiser (Arabia) FZE (RB),
Procter & Gamble Saudi Arabia, Ajmal International Trading Co. (LLC),
The Fragrance Kitchen, ALREHAB perfumes, Zohoor Alreef, Saudi Arabia, Mushir
Alam Perfume Industry, Henkel Jebel Ali FZCO, Kelvin Natural Mint Pvt. Ltd.,
Kshrey Inc. (Supplier), AJWA Group, Cargill Saudi Arabia (Supplier), Godrej
& Boyce Mfg. Co. Ltd., among others. These market players hold larger shares
of the market than the new market players. With the evolving technology, it is
appropriate to say that the effective research and development of
technologically advanced instruments and methods to satisfy consumer demands
would support the market growth and benefit the market players as well as the
consumers. New market players may focus on the research and development to
provide such products and services that satisfy the consumer demand as well as
benefits the market players in building their brand value. Other competitive
strategies include mergers & acquisitions and new product developments.
Objective
of the Study:
- To
analyze the historical growth of the
market size of Saudi Arabia home fragrances market from 2018 to 2021.
- To
estimate and forecast the market size of Saudi Arabia home fragrances market
from 2022 to 2028 and growth rate until 2028.
- To classify and
forecast Saudi Arabia home fragrances market based on type, distribution
channel, competitional landscape, and regional distribution.
- To identify dominant region or segment in the Saudi Arabia home
fragrances market.
- To
identify drivers and challenges for Saudi Arabia home fragrances market.
- To
examine competitive developments such as expansions, new product launches,
mergers & acquisitions, etc., in Saudi Arabia home fragrances market.
- To identify and analyze the profile
of leading players operating in Saudi Arabia home fragrances market.
- To identify key sustainable strategies adopted by market players in
Saudi Arabia home fragrances market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of manufacturers, suppliers, and service providers across the country.
Subsequently, TechSci Research conducted primary research surveys with the
identified companies. While interviewing, the respondents were also enquired
about their competitors. Through this technique, TechSci Research could include
the manufactures which could not be identified due to the limitations of
secondary research. TechSci Research analyzed the manufactures, distribution
channels and presence of all major players across the country.
TechSci Research calculated the market size of Saudi Arabia home fragrances market using a bottom-up approach,
wherein data for various end-user segments was recorded and forecast for the
future years. TechSci Research sourced these values from the industry experts
and company representatives and externally validated through analyzing
historical data of these product types and applications for getting an
appropriate, overall market size. Various secondary sources such as company
websites, news articles, press releases, company annual reports, investor
presentations and financial reports were also studied by TechSci Research.
Key
Target Audience:
- Home fragrances manufacturers, end users, and other stakeholders
- Distributers and suppliers of the products and other stakeholders
- Organizations, forums, and alliances related to home fragrances
- Market research and consulting firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers,
suppliers, end users, etc., besides allowing them in strategizing investments
and capitalizing on market opportunities.
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Attribute
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Details
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Base Year
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2022
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Historical Data
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2018 – 2021
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Estimated Year
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2023
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Forecast Period
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2024 – 2028
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Quantitative Units
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Revenue in USD Million and CAGR for 2018-2022 and 2023E-2028F
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Report coverage
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Revenue
forecast, company share, competitive landscape, growth factors, and trends
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Segments covered
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·
Product Type
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Fragrances
·
End User
·
Distribution Channel
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Regional scope
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Western
Region, Northern and Central Region, Eastern Region, Southern Region
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Key companies profiled
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Rezaroma (Reza Hygiene), Johnson Saudi co. Ltd, Reckitt
Benckiser (Arabia) FZE (RB), Procter & Gamble Saudi Arabia, Ajmal
International Trading Co. (LLC), The Fragrance Kitchen, ALREHAB perfumes,
Zohoor Alreef, Saudi Arabia, Mushir Alam Perfume Industry, Henkel Jebel Ali
FZCO, Kelvin Natural Mint Pvt. Ltd., Kshrey Inc. (Supplier), AJWA Group,
Cargill Saudi Arabia (Supplier), Godrej & Boyce Mfg. Co. Ltd.
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Customization scope
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10% free
report customization with purchase. Addition or alteration to country, regional
& segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase
options
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|
Delivery Format
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PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request)
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Report Scope:
In this report, Saudi Arabia home fragrances market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- Saudi Arabia Home Fragrances Market,
By Product Type:
o Sprays
o Sachets
o Electric Air Fresheners
o Others
o Scented Candles
o Scented Oils
- Saudi Arabia Home Fragrances Market,
By Fragrances:
- Lemon
- Lavender
- Jasmine
- Rose
- Sandalwood
- Vanilla
- Others
- Saudi Arabia Home Fragrances
Market, By End User:
- Home Care
- Healthcare
- Hospitality
- Museums
- Commercial
- Others
- Saudi Arabia Home Fragrances
Market, By Distribution Channel:
- Store-based Retail
- Non-Store-based Retail
- Saudi Arabia Home Fragrances Market,
By Region:
- Western
- Eastern
- Northern & Central
- Southern
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Saudi Arabia home fragrances market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following customization
options are available for the report:
Company
Information
Detailed analysis and
profiling of additional market players (up to five).
It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]