Perfume Market in Colombia 2021

January 2022 | 13 pages | ID: PAF736C016A5EN
StrategyHelix Inc

Abstracts

Perfumes are basically aromatic compounds dissolved in a solvent e.g. ethanol or a mix of water and ethanol. Perfume is used to give a pleasant and desirable scent to a person's body, typically with the aim of increasing self-appeal and self-confidence. According to StrategyHelix, the perfume market in Colombia is expected to increase by US$ 355 million during 2021-2027, expanding at a CAGR of 8.6% during the forecast period. Rising consumer disposable income and improving standards of living, increasing consciousness among male consumers about personal wellness and appearance, increasing product availability and retail outlet are expected to boost the market growth in the coming years.

The report provides up-to-date market size data for period 2017-2020 and forecast to 2027 covering key market aspects like sales value for perfume. The Colombia perfume market is segmented on the basis of price range, consumer group, and distribution channel. Based on price range, the perfume market in Colombia is categorized into prestige product, mass product. The mass product segment held the largest share of the Colombia perfume market in 2020 and is anticipated to hold its share during the forecast period. On the basis of consumer group, the perfume market in Colombia has been segmented into men, women, unisex. In Colombia, the women segment made up the largest share of the perfume market. By distribution channel, the perfume market in Colombia has been segmented into supermarkets & hypermarkets, specialty stores, online retailing, others.

The Colombia perfume market is highly competitive. The perfume market is dominated by key players, which are Corporacion Belcorp, Natura & Co, Corporacion Yanbal International, LVMH Moet Hennessy Louis Vuitton SA (LVMH), PUIG SL, L'Oreal S.A., Coty Inc.

Report Scope
Price range: prestige product, mass product
Consumer group: men, women, unisex
Distribution channel: supermarkets & hypermarkets, specialty stores, online retailing, others
Years considered: this report covers the period 2017 to 2027

Key Benefits for Stakeholders
Get a comprehensive picture of the Colombia perfume market
Identify regional strategies and strategic priorities on the basis of local data
Pinpoint growth sectors and trends for investment

Contents

PART 1. INTRODUCTION

Scope of the study
Study period
Geographical scope
Research methodology

PART 2. PERFUME MARKET OVERVIEW

PART 3. MARKET BREAKDOWN BY PRICE RANGE

Prestige product
Mass product

PART 4. MARKET BREAKDOWN BY CONSUMER GROUP

Men
Women
Unisex

PART 5. MARKET BREAKDOWN BY DISTRIBUTION CHANNEL

Supermarkets & hypermarkets
Specialty stores
Online retailing
Others

PART 6. KEY COMPANIES

Corporacion Belcorp
Natura & Co
Corporacion Yanbal International
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
PUIG SL
L'Oreal S.A.
Coty Inc.
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