The UAE Perfume Market is expected to grow at a CAGR of XX% from 2022 to 2027, according to the latest report from IMARC Group.
Perfumes are composed of fragrances or essential oils, which provide a pleasant smell to the individual. Common natural ingredients used in the production of perfumes include spices, woods, roots, balsams, gums, flowers, herbs, fruits, resins, leaves, and animal secretions.
The UAE represents one of the main exporters and producers of perfumes in the world, due to the growing demand for exotic and refined perfumes. Currently, the production of perfumes has become a common activity in the personal care and cosmetics industry.
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The growing trend of personal care, as well as the growing popularity of fragrances aimed at young and exotic people, are mainly driving the perfume market in the UAE. In addition, the growing demand for luxury perfumes due to rising consumer incomes and rising living standards are further boosting perfume sales.
Additionally, major market players in the region are introducing rich and warm oriental fragrances with natural ingredients, such as oud, musk, amber, and exotic flowers to expand their customer base. Various other factors including easy product availability on e-commerce platforms, aggressive promotional activities on social media, and growing population of working women in UAE are expected to further boost the UAE perfume market in the coming years.
Note: We regularly track the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
The market is highly fragmented in nature with the presence of small, medium and large players in the country. The report analyzes some of the key players operating in the industry.
For more information on this report, visit: https://bit.ly/3w4EZe4
UAE Perfume Market Analysis and Segmentation 2021-2026:
The report has segmented the market based on price, gender, and fragrance type.
Market breakdown by price
Market Breakdown by Gender
Market breakdown by type of perfume
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