Philippines Perfume Market 2024

Description

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Market Overview

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The perfume market in Philippines is anticipated to increase by USD 93.4 million till 2029 at an average annual growth of 7.5 percent as per the latest market estimates. Philippines’s rapid urbanization is resulting in a denser population of affluent consumers in metropolitan regions. This urban demographic, with its heightened exposure to international trends, shows a marked preference for premium and niche fragrances. Furthermore, brands are capitalizing on sophisticated marketing strategies, including celebrity endorsements and social media campaigns, to generate aspirational appeal. These campaigns effectively resonate with consumers who are heavily influenced by global fashion and lifestyle trends.

The report provides a comprehensive overview of the Philippines perfume industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as gender, price range, packaging, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the perfume industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the perfume industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.

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Market Segmentation

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

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

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Competitive Landscape

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The Philippines perfume market is highly competitive. As of 2023, the major players in the Philippines perfume market were Natura & Co, LVMH Moet Hennessy Louis Vuitton SA (LVMH), The Estee Lauder Companies Inc., Chanel S.A., Revlon Inc., Clarins SA, L’Oreal S.A., Coty Inc., Personal Collection Direct Selling Inc., Hermes International SCA, GROUPE BERDOUES Parfums et Cosmetiques, Inter Parfums Inc., Laurice El Badry Rahme Ltd., Euroitalia S.R.L.

The report is an indispensable tool for companies and organizations operating in the perfume industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the perfume market.

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Why Buy This Report?

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Provide statistical data or estimations for the Philippines perfume market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the perfume market in Philippines
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the perfume market in Philippines looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities

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Table of Contents

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TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. Philippines Perfume Market – Gender Analysis
3.1 Men
3.2 Women
3.3 Unisex
4. Philippines Perfume Market – Price Range Analysis
4.1 Premium products
4.2 Mass products
5. Philippines Perfume Market – Packaging Analysis
5.1 Glass bottles
5.2 Plastic bottles
5.3 Others (crystal, metal, etc.)
6. Philippines Perfume Market – Distribution Channel Analysis
6.1 Supermarkets and hypermarkets
6.2 Department stores
6.3 Health and beauty stores
6.4 Direct selling
6.5 E-commerce
6.6 Others
7. Company Profiles
7.1 Natura & Co
7.2 LVMH Moet Hennessy Louis Vuitton SA (LVMH)
7.3 The Estee Lauder Companies Inc.
7.4 Chanel S.A.
7.5 Revlon, Inc.
7.6 Clarins SA
7.7 L’Oreal S.A.
7.8 Coty Inc.
7.9 Personal Collection Direct Selling Inc.
7.10 Hermes International SCA
7.11 GROUPE BERDOUES Parfums et Cosmetiques
7.12 Inter Parfums, Inc.
7.13 Laurice El Badry Rahme, Ltd.
7.14 Euroitalia S.R.L.
DISCLAIMER

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Companies Mentioned

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Natura & Co
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
The Estee Lauder Companies Inc.
Chanel S.A.
Revlon, Inc.
Clarins SA
L’Oreal S.A.
Coty Inc.
Personal Collection Direct Selling Inc.
Hermes International SCA
GROUPE BERDOUES Parfums et Cosmetiques
Inter Parfums, Inc.
Laurice El Badry Rahme, Ltd.
Euroitalia S.R.L.

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