Global Solid Perfume Market Size By Type (Single Fragrance, Mixed Fragrance), By Application (Men, Women), By Geographic Scope And Forecast
Published on: 2024-08-06 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Solid Perfume Market Size By Type (Single Fragrance, Mixed Fragrance), By Application (Men, Women), By Geographic Scope And Forecast
Solid Perfume Market Size And Forecast
Solid Perfume Market size was valued at USD 1.42 Billion in 2024 and is projected to reach USD 2.56 Billion by 2031, growing at a CAGR of 11.3% from 2024 to 2031.
Solid perfume is a sort of perfume that has been allowed to crystallize and now has the consistency of a balm rather than remaining in its liquid condition. The Global Solid Perfume Market is expected to increase during the forecasted period due to less wastage, absence of alcohol, prevent irritation of the skin, and easiness to carry. The Global Solid Perfume Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Solid Perfume Market Definition
Instead of being in a liquid condition, solid perfume is a solidified kind of scent with a balm-like consistency. To make a solid perfume, combine concentrated perfume oil and melted wax. Solid fragrances are perfumes that are not a liquid combination of alcohol (ethanol) and water like Eau de perfume, Eau de toilette, Eau de cologne, and so on. The component that provides the cream its basis is usually made from melted wax. After the aroma has melted, you can add one or more scents. Solid perfume is a non-alcohol perfume that is blended with 100% natural body butter. The scent of solid fragrances is soothing, lively, and enjoyable. For daily use, it has a mild and pleasant scent. Solid perfume comes in convenient travel packaging and is devoid of parabens and sulfates, making it suitable for sensitive skin.
Solidified perfumes prevent the risk of spilling or leaking due to a fracture in the perfume container. Solid perfume is practical and useful for people who do not want to worry about their perfume leaking when traveling. The scented wax composition is applied to the skin surface after being massaged in a circular motion. Solid fragrances are small and easy to carry in purses and zip pouches. They may also be carried about in pockets. The perfume container is composed of metal, which prevents solid fragrances from escaping and extends the life of the scent. Due to its packaging, solid perfume may last for 14 months and has a deeper aroma. Solid fragrances are small and unobtrusive, and they may be worn in public.
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Global Solid Perfume Market Overview
The Global Solid Perfume Market is expected to grow during the forecasted period due to the rising demand for improving grooming habits, increased R&D activities, and advertising, the growing influence of social media, and celebrity endorsements. Moreover, Solid perfume avoids the risk of leaking or spillage caused by bottle breaks. When traveling, solid perfume is handy to take. Customers like being able to apply aromatic wax to their skin without having to worry about it leaking.
Because liquid perfume is sprayed into the air, it wastes a lot of it, but solid perfume wastes very little because it is applied directly to the skin. The market for solid fragrances is expected to be driven by the convenience with which they may be carried when traveling and the fact that they produce no waste when applied directly to the skin. However, the chance of contamination in solid perfume may hinder the market’s growth during the forecasted period.
Global Solid Perfume Market Segmentation Analysis
The Global Solid Perfume Market is Segmented on the basis of Type, Application, and Geography.
Solid Perfume Market, By Type
- Single Fragrance
- Mixed Fragrance
Based on the Type, the market is classified into Single Fragrance and Mixed Fragrance.
Solid Perfume Market, By Application
- Men
- Women
Based on the Application, the market is classified into Men and Women.
Solid Perfume Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Geography, the Global Solid Perfume Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The North America region is expected to increase the most compared to other regions during the forecasted period owing to a large manufacturing base, extensive availability of solid perfumes, and rising preference for solid perfumes among youth.
Key Players
The “Global Solid Perfume Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Aroamas, Lush, Pacifica, L’Occitane, Indah, Sweet Anthem, Bougie & Senteur, Jean Niel, Fury Bros, and Melange.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Key Developments
• In January 2022, Coty Inc. stated that it began manufacturing the world’s first widely marketed perfumes created using carbon-captured ethanol.
• In September 2021, Channel SA launched a sustainable cap for perfume bottles made from Sulapac from Finland.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2021-2031 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2024-2031 |
HISTORICAL PERIOD | 2021-2023 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | Aroamas, Lush, Pacifica, L’Occitane, Indah, Sweet Anthem, Bougie & Senteur, Jean Niel, Fury Bros, and Melange. |
SEGMENTS COVERED |
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CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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