China Perfume Market 2024

Description

According to latest analysis, the perfume market in China is projected to climb to USD 4,256 million by 2029-end, progressing at a CAGR of 8.4% during 2024-2029. China’s growing middle class, coupled with rising disposable incomes, has significantly amplified consumer spending on luxury goods, including perfumes. The urbanization trend has resulted in a higher concentration of affluent consumers in major metropolitan areas. These urban dwellers, influenced by international trends, are more likely to invest in premium and niche fragrances, seeking products that symbolize status and refined taste.

The report offers a comprehensive evaluation of the China perfume market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as gender, price range, packaging, and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the perfume industry.

Market Segmentation

The perfume market in China is classified into the following segments:
Gender: men, women, unisex
Price range: premium products, mass products
Packaging: glass bottles, plastic bottles, others (crystal, metal, etc.)
Distribution channel: department stores, health and beauty stores, direct selling, e-commerce, others

The China perfume market is segmented on the basis of gender, price range, packaging, and distribution channel. By gender, the perfume market in China has been segmented into men, women, and unisex. Based upon price range, the perfume market in China is categorized into premium products, and mass products. On the basis of packaging, the perfume market in China has been segmented into glass bottles, plastic bottles, and others (crystal, metal, etc.). By distribution channel, the perfume market in China has been segmented into department stores, health and beauty stores, direct selling, e-commerce, and others.

Competitive Landscape

The China perfume market is highly competitive. The prominent players operating in the China perfume market include Chanel S.A., LVMH Moet Hennessy Louis Vuitton SA (LVMH), L’Oreal S.A., The Estee Lauder Companies Inc., Coty Inc., Diptyque SA, Hermes International SCA, Bingxili (Shanghai) International Trade Co. Ltd. (BOITOWN), Inter Parfums Inc., PUIG SL, L’Occitane International S.A., Natura & Co, Euroitalia S.R.L., CFEB Sisley SAS, Mary Kay Inc., Shiseido Company Limited.

The report presents a detailed analysis of the China perfume market, focusing on the performance of major companies between 2019 and 2023. The data offers valuable insights into market share fluctuations, identifying established leaders and the ascent of new entrants. Such information provides companies with the tools needed to enhance their strategic positioning and remain competitive, even as market conditions evolve.

Why Buy This Report?

Obtain precise statistical data and forecasts for the China perfume market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the China perfume market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the China perfume market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewChina perfume market – gender analysis
China perfume market – price range analysis
China perfume market – packaging analysis
China perfume market – distribution channel analysis
Key players and market share
– Chanel S.A.
– LVMH Moet Hennessy Louis Vuitton SA (LVMH)
– L’Oreal S.A.
– The Estee Lauder Companies Inc.
– Coty Inc.
…
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table China perfume market 2019-2029
Chart China perfume market, net growth, 2019-2029
Chart China perfume market, growth rates, 2019-2029
Table China perfume market by gender, 2019-2029
Chart China perfume market by gender, CAGR historic and forecast, 2019-2029
Chart China perfume market by gender, 2019-2029
Table China perfume market by price range, 2019-2029
Chart China perfume market by price range, CAGR historic and forecast, 2019-2029
Chart China perfume market by price range, 2019-2029
Table China perfume market by packaging, 2019-2029
Chart China perfume market by packaging, CAGR historic and forecast, 2019-2029
Chart China perfume market by packaging, 2019-2029
Table China perfume market by distribution channel, 2019-2029
Chart China perfume market by distribution channel, CAGR historic and forecast, 2019-2029
Chart China perfume market by distribution channel, 2019-2029
Table China perfume market share (%), by companies, 2019-2023
Chart China perfume market, by companies, 2023
Table China perfume market share (%), by brands, 2019-2023
Chart China perfume market, by brands, 2023
Table China – population (millions) and forecast
Table China – consumer price index (CPI) and forecast
Table China – gross domestic product and forecast
Table China perfume market: spend as a proportion of GDP (%)
Table China perfume market: consumption per capita (population)