Lucintel Blog: Direct sales is expected to remain the largest segment in the global fine fragrance market

Thursday, July 27, 2023

Direct sales is expected to remain the largest segment in the global fine fragrance market

An exciting new study from the team of Lucintel found that fine fragrance market is expected to reach $8.3 billion by 2028 with a CAGR of 6%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

Download Brochure of this report by clicking on https://www.lucintel.com/fine-fragrance-market.aspx.

The fine fragrance market is segmented based on ingredient, application, distribution channel, end use, and region. In this market, direct sale is expected to remain the largest distribution channel, and spray perfume segment is expected to remain the largest application. Players can benefit from the available opportunities like increasing disposable income, adoption of western culture, and growing demand for natural fragrance in the region.

Givaudan, Firmenich SA, International Flavors & Fragrances, Symrise, Takasago International Corporation, ADM, Sensient Technologies Corporatiion, Mane SA, Robertet, T. Hasegawa, and Bell Flavors & Fragrances are some of the major players profiled in this 150 page report.

Request Sample Pages by clicking on https://www.lucintel.com/fine-fragrance-market.aspx.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the fine fragrance market by ingredient (synthetic and natural), application (spray, perfumes, body care, home care, cosmetics, soaps and detergents, and incense), distribution channel (direct sales, e-commerce, specialty stores, convenience stores, departmental stores, and others), end use (men, women, and unisex), and region?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the fine fragrance market?

Q.4 What are some changing demands of customers in the fine fragrance market?

Q.5 What are the new developments in the fine fragrance market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this fine fragrance area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this fine fragrance market?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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