Russia Perfume Market 2024

Description

The perfume market in Russia was estimated at USD 1,462 million in 2023 and is expected to hit USD 1,755 million by 2029, registering a CAGR of 3.1% from 2024 to 2029 as per the latest market estimates. Russia’s rapid urbanization is resulting in a higher concentration of affluent consumers in metropolitan areas. This urban demographic, with increased exposure to international trends, exhibits a strong tendency to invest in premium and niche fragrances. Moreover, brands are leveraging advanced marketing strategies, including celebrity endorsements and social media campaigns, to build an aspirational appeal. These campaigns resonate effectively with Russia’s consumers, who are influenced by global fashion and lifestyle trends.

This report provides a thorough assessment of the Russia perfume industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like gender, price range, packaging, and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the perfume industry.

Market Segmentation

The perfume market in Russia is categorized 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: supermarkets and hypermarkets, health and beauty stores, direct selling, e-commerce, others

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

Competitive Landscape

The Russia perfume market is highly competitive. As of 2023, the major players in the Russia perfume market were LVMH Moet Hennessy Louis Vuitton SA (LVMH), Coty Inc., PUIG SL, Chanel S.A., Natura & Co, L’Oreal S.A., Oriflame Cosmetics S.A., Faberlic OAO, Dolce & Gabbana S.R.L., The Estee Lauder Companies Inc., Yves Rocher sa, Inter Parfums Inc., Mary Kay Inc., Angelini Group, Euroitalia S.R.L., This Company Limited, Hermes International SCA, Novaya Zarya ZAO, L’Occitane International S.A., S.A. Inter Development Diffusion (Mancera), Amway Corporation, Industria de Diseno Textil S.A., Maurer & Wirtz GmbH & Co. KG, CLD Creation Luxe Design S.a.r.l. (Montale), Shiseido Company Limited, URODA Polska Sp. z o.o.

This report provides a comprehensive analysis of the key players in the Russia perfume market, along with their performance from 2019 to 2023. By utilizing this data, businesses can gain a deeper understanding of market dynamics, including shifts in market share, the identification of leading players, and the rise of emerging companies. This information equips firms with a strategic advantage in a competitive landscape, enabling them to refine their market strategies and make informed, long-term decisions.

Why Buy This Report?

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

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