Perfume Market in Latin America 2021

January 2022 | 20 pages | ID: PD09B2C872BFEN
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. A study by StrategyHelix indicates that the perfume market in Latin America is expected to increase by US$ 11,392 million from 2021 to 2027, garnering a CAGR of 10.5% 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 Latin America perfume market is segmented on the basis of price range, consumer group, distribution channel, and country. Based on price range, the perfume market in Latin America is categorized into prestige product, mass product. In Latin America, the mass product segment made up the largest share of the perfume market. On the basis of consumer group, the perfume market in Latin America has been segmented into men, women, unisex. The women segment captured the largest share of the market in 2020. By distribution channel, the perfume market in Latin America has been segmented into supermarkets & hypermarkets, specialty stores, online retailing, others. In terms of geography, the perfume market in Latin America has been segmented into Argentina, Brazil.

The Latin America perfume market is highly competitive. The competitive landscape of the industry has also been examined along with the profiles of the key players Cannon Puntana S.A., Corporacion Belcorp, Coty Inc., Grupo Boticario, Larru'S Industria e Comercio de Cosmeticos LTDA., L'Oreal S.A., LVMH Moet Hennessy Louis Vuitton SA (LVMH), Mary Kay Inc., Natura & Co, Perfumes y Esencias Fraiche S.A. de C.V., PUIG SL, Tupperware Brands Corporation (TUP), Vorwerk SE & Co KG.

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

Key Benefits for Stakeholders
Get a comprehensive picture of the Latin America 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. MARKET BREAKDOWN BY COUNTRY

Argentina
Brazil

PART 7. KEY COMPANIES

Cannon Puntana S.A.
Corporacion Belcorp
Coty Inc.
Grupo Boticario
Larru'S Industria e Comercio de Cosmeticos LTDA.
L'Oreal S.A.
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
Mary Kay Inc.
Natura & Co
Perfumes y Esencias Fraiche, S.A. de C.V.
PUIG SL
Tupperware Brands Corporation (TUP)
Vorwerk SE & Co KG
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