Hungary Perfume Market 2024

Description

The perfume market in Hungary is likely to register a CAGR of over 8% with an incremental growth of USD 90.5 million during the forecast period 2024-2029. Hungary’s expanding middle class, marked by rising disposable incomes, has substantially increased consumer expenditure on luxury goods, including perfumes. With economic reforms and growth policies fostering financial stability and enhanced purchasing power, a larger segment of the population now seeks to demonstrate their affluence through premium products. Urban consumers, influenced by international fashion and lifestyle trends, benefit from the proliferation of digital media, global travel, and the local presence of international brands. This results in a heightened awareness and appreciation for high-quality luxury perfumes that align with global trends.

The report provides a comprehensive analysis of the Hungary 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 Hungary 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, health and beauty stores, direct selling, e-commerce, others

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

Competitive Landscape

The Hungary perfume market is highly competitive. Top players covered in Hungary Perfume Market Study are Coty Inc., Natura & Co, L’Oreal S.A., PUIG SL, The Procter & Gamble Company (P&G), LVMH Moet Hennessy Louis Vuitton SA (LVMH), Oriflame Cosmetics S.A., Unilever PLC, Chanel S.A., De Rigo S.p.A., Dolce & Gabbana S.R.L., The Shaneel Group, Yves Rocher sa, Inter Parfums Inc., Euroitalia S.R.L., The Estee Lauder Companies Inc., LUXESS GmbH, LA RIVE S.A., Nike Inc., Revlon Inc., Maurer & Wirtz GmbH & Co. KG, Gr. Sarantis S.A., L’Occitane International S.A., URODA Polska Sp. z o.o.

The report offers a comprehensive review of the Hungary 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 Hungary perfume market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Hungary perfume market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Hungary 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 overviewHungary perfume market – gender analysis
Hungary perfume market – price range analysis
Hungary perfume market – packaging analysis
Hungary perfume market – distribution channel analysis
Key players and market share
– Coty Inc.
– Natura & Co
– L’Oreal S.A.
– PUIG SL
– The Procter & Gamble Company (P&G)
…
Macroeconomic data and forecast
Disclaimer

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