Colombia Perfume Market 2024

Description

According to the latest data, the market size of the perfume industry in Colombia is expected to rise by USD 325.9 million with a CAGR of 9% by the end of 2029. Colombia’s growing middle class, alongside rising disposable incomes, has driven a significant increase in consumer expenditure on luxury goods, including perfumes. Economic reforms and growth policies are improving financial stability and purchasing power across a wider population base. Urban consumers, who are increasingly influenced by global fashion and lifestyle trends through digital media, international travel, and the presence of international brands, are showing a heightened preference for high-quality luxury perfumes. This trend reflects a broader awareness and appreciation for products that embody the latest global trends.

The report provides a comprehensive analysis of the Colombia perfume industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as gender, price range, packaging, and distribution channel. The insights gained from this evaluation help reveal the growth potential within the perfume sector.

Market Segmentation

The segmentation of the perfume market in Colombia is outlined below:
Gender: men, women, unisex
Price range: premium products, mass products
Packaging: glass bottles, plastic bottles, others (crystal, metal, etc.)
Distribution channel: supermarkets and hypermarkets, department stores, health and beauty stores, direct selling, e-commerce, others

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

Competitive Landscape

The Colombia perfume market is highly competitive. The report also includes the profiles of leading companies such as Corporacion Belcorp, Natura & Co, Corporacion Yanbal International, PUIG SL, LVMH Moet Hennessy Louis Vuitton SA (LVMH), L’Oreal S.A., Coty Inc., Inter Parfums Inc., Mary Kay Inc., The Estee Lauder Companies Inc., Saint Honore S.A., Dolce & Gabbana S.R.L., Compagnie Financiere Richemont S.A., Oriflame Cosmetics S.A., Beauty Brands Sur America S.A.S., Belleza Express S.A., Chanel S.A., Give Back Beauty LLC (GBB), S Tous SL, Euroitalia S.R.L., Miniso Co. Ltd.

The report offers a comprehensive review of the Colombia perfume market, focusing on key players’ performance over the 2019-2023 period. The information highlights shifts in market share, identifying both established market leaders and emerging players. By utilizing this data, businesses can enhance their competitive positioning, refining their strategies to better navigate a competitive and evolving market landscape.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Colombia perfume market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Colombia perfume market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Colombia 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 overviewColombia perfume market – gender analysis
Colombia perfume market – price range analysis
Colombia perfume market – packaging analysis
Colombia perfume market – distribution channel analysis
Key players and market share
– Corporacion Belcorp
– Natura & Co
– Corporacion Yanbal International
– PUIG SL
– LVMH Moet Hennessy Louis Vuitton SA (LVMH)
…
Macroeconomic data and forecast
Disclaimer

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