The Europe fine fragrances market is expected to reach USD 4,873,153.81 thousand by 2030 from USD 3,442,986.31 thousand in 2022, growing with a substantial CAGR of 4.6% in the forecast period of 2023 to 2030.
Market Segmentation:
Europe Fine Fragrances Market, By Ingredient (Synthetic and Natural), Form (Liquid and Gas), Distribution Channel (Offline and Online), End Use (Unisex, Men, and Women), Country (Germany, U.K., Italy, France, Russia, Spain, Switzerland, Turkey, Belgium, Netherlands, and Rest of Europe) - Industry Trends and Forecast to 2030
Overview of Europe Fine Fragrances Market Dynamics
Driver
Rise in demand for natural fragrances
Restraint
Adherence to quality and regulatory norms
Opportunity
Heavy investments in research and development
Market Players
Some of the key players operating in the Europe fine fragrances market are:
Firmenich SA.
Amouage
Dolce & Gabbana S.r.l.
Avon
Bath & Body Works, Inc.
KERING
Takasago International Corporation
Parfex
Herms
CHANEL
TAC PERFUMES
LVMH
TABLE OF CONTENTS
1 INTRODUCTION 7
1.1 OBJECTIVES OF THE STUDY 7
1.2 MARKET DEFINITION 7
1.3 OVERVIEW 7
1.4 LIMITATIONS 8
1.5 MARKETS COVERED 8
2 MARKET SEGMENTATION 11
2.1 MARKETS COVERED 11
2.2 GEOGRAPHICAL SCOPE 12
2.3 YEARS CONSIDERED FOR THE STUDY 12
2.4 CURRENCY AND PRICING 12
2.5 DBMR TRIPOD DATA VALIDATION MODEL 13
2.6 INGREDIENT LIFELINE CURVE 16
2.7 MULTIVARIATE MODELING 17
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 18
2.9 DBMR MARKET POSITION GRID 19
2.10 DBMR VENDOR SHARE ANALYSIS 21
2.11 SECONDARY SOURCES 22
2.12 ASSUMPTIONS 23
3 EXECUTIVE SUMMARY 24
4 PREMIUM INSIGHTS 26
5 MARKET OVERVIEW 27
5.1 DRIVERS 29
5.1.1 RISE IN DEMAND FOR NATURAL FRAGRANCES 29
5.1.2 INCREASE SPENDING ON PRODUCT INNOVATION 29
5.1.3 RISE IN THE DISPOSABLE INCOME AND INCREASE IN THE URBAN POPULATION 30
5.1.4 THE SURGING ROLE OF FRAGRANCES FOR GIFT-GIVING PURPOSES 31
5.2 RESTRAINTS 31
5.2.1 FLUCTUATION OF RAW MATERIAL PRICES 31
5.2.2 HIGH COSTS LINKED WITH USING NATURAL COMPONENTS 32
5.3 OPPORTUNITIES 33
5.3.1 HEAVY INVESTMENTS IN THE RESEARCH AND DEVELOPMENT 33
5.3.2 RISING IN THE DIGITALIZATION 33
5.4 CHALLENGES 34
5.4.1 ADHERENCE TO QUALITY AND REGULATORY NORMS 34
5.4.2 GROWING APPREHENSIONS SURROUNDING THE UTILIZATION OF HARMFUL SUBSTANCES 35
6 EUROPE FINE FRAGRANCES MARKET BY REGION 36
6.1 EUROPE 36
7 EUROPE FINE FRAGRANCES MARKET COMPANY LANDSCAPE 37
7.1 COMPANY SHARE ANALYSIS: EUROPE 37
7.2 RECOGNITION 38
7.3 NEW LAUNCH 38
7.4 NEW PRODUCT DEVELOPMENT 38
8 SWOT ANALYSIS 39
9 COMPANY PROFILE 40
9.1 FIRMENICH SA. 40
9.1.1 COMPANY SNAPSHOT 40
9.1.2 PRODUCT PORTFOLIO 40
9.1.3 RECENT DEVELOPMENTS 41
9.2 LVMH 42
9.2.1 COMPANY SNAPSHOT 42
9.2.2 REVENUE ANALYSIS 42
9.2.3 PRODUCT PORTFOLIO 43
9.2.4 RECENT DEVELOPMENT 43
9.3 CHANEL 44
9.3.1 COMPANY SNAPSHOT 44
9.3.2 REVENUE ANALYSIS 44
9.3.3 PRODUCT PORTFOLIO 45
9.3.4 RECENT DEVELOPMENTS 46
9.4 KERING 47
9.4.1 COMPANY SNAPSHOT 47
9.4.2 REVENUE ANALYSIS 48
9.4.3 PRODUCT PORTFOLIO 48
9.4.4 RECENT DEVELOPMENT 51
9.5 BATH & BODY WORKS, INC. 52
9.5.1 COMPANY SNAPSHOT 52
9.5.2 REVENUE ANALYSIS 52
9.5.3 PRODUCT PORTFOLIO 53
9.5.4 RECENT DEVELOPMENT 55
9.6 AMOUAGE 56
9.6.1 COMPANY SNAPSHOT 56
9.6.2 PRODUCT PORTFOLIO 56
9.6.3 RECENT DEVELOPMENT 57
9.7 AVON 58
9.7.1 COMPANY SNAPSHOT 58
9.7.2 PRODUCT PORTFOLIO 58
9.7.3 RECENT DEVELOPMENT 58
9.8 DOLCE & GABBANA S.R.L 59
9.8.1 COMPANY SNAPSHOT 59
9.8.2 PRODUCT PORTFOLIO 59
9.8.3 RECENT DEVELOPMENT 59
9.9 HERMES 60
9.9.1 COMPANY SNAPSHOT 60
9.9.2 REVENUE ANALYSIS 60
9.9.3 PRODUCT PORTFOLIO 61
9.9.4 RECENT DEVELOPMENT 63
9.10 PARFEX 64
9.10.1 COMPANY SNAPSHOT 64
9.10.2 PRODUCT PORTFOLIO 64
9.10.3 RECENT DEVELOPMENTS 64
9.11 TAC PERFUMES 66
9.11.1 COMPANY SNAPSHOT 66
9.11.2 PRODUCT PORTFOLIO 66
9.11.3 RECENT DEVELOPMENT 67
9.12 TAKASAGO INTERNATIONAL CORPORATION 68
9.12.1 COMPANY SNAPSHOT 68
9.12.2 REVENUE ANALYSIS 68
9.12.3 PRODUCT PORTFOLIO 69
9.12.4 RECENT DEVELOPMENTS 69
10 QUESTIONNAIRE 70
11 RELATED REPORTS 73