Saudi Arabia Perfume Market 2024

Description

The Saudi Arabia perfume market is projected to grow swiftly, with a USD 1.9 billion increase in market size and a compound annual growth rate (CAGR) close to 11.4%, driven by heightened demand and innovation. Saudi Arabia’s perfume market is one of the largest in the Middle East, driven by both cultural preferences for fragrances and the country’s high disposable income. The demand for premium and luxury perfumes is substantial, particularly among the younger, fashion-forward demographic in cities like Riyadh and Jeddah. The expanding reach of online retail platforms further supports market growth, making luxury perfumes more accessible to a wider audience.

The report offers a comprehensive evaluation of the Saudi Arabia 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 product type, price range, packaging and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the perfume industry.

Market Segmentation

The Saudi Arabia perfume market is classified into the following segments:
Product type: men’s perfume, women’s perfume, unisex perfume
Price range: mass, premium
Packaging: glass bottles, plastic bottles, others (crystal, metal, etc.)
Distribution channel: convenience stores, supermarkets and hypermarkets, grocery stores, department stores, apparel stores, health and beauty stores, e-commerce, others

The Saudi Arabia perfume market is segmented by product type, price range, packaging and distribution channel. By product type, the market is categorized into men’s perfume, women’s perfume, and unisex perfume. Price range segments are divided into mass, and premium. Packaging segments comprise glass bottles, plastic bottles, and others (crystal, metal, etc.). Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, grocery stores, department stores, apparel stores, health and beauty stores, e-commerce, and others.

Competitive Landscape

The Saudi Arabia perfume market remains highly competitive, with major players including Zohoor Al Reef Co., Yves Rocher sa, Unilever PLC, The Estee Lauder Companies Inc., Surrati Perfumes Co., Rasasi Perfumes Industry LLC, PUIG SL, Natura & Co, Mahmood Saeed Company Limited, LVMH Moet Hennessy Louis Vuitton SA (LVMH), L’Oreal S.A., Inter Parfums Inc., Ibraheem AlQurashi Perfumes LLC, Hamil Al Musk Oud & Perfumes Co, Euroitalia S.R.L., Deraah Company, Coty Inc., Chanel S.A., Arabian Oud Company, Al Majed For Oud, Ajmal International Trading Co. (LLC) and Abdul Samad Al Qurashi Company.

This analysis offers a comprehensive overview of the main players in the perfume market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Saudi Arabia perfume market.
Gain in-depth analysis and forecasts for the key segments of the Saudi Arabia perfume market: product type, price range, packaging and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Saudi Arabia perfume market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Saudi Arabia perfume market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.

Table of Contents

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Saudi Arabia Perfume Market – Product Type Analysis
Saudi Arabia Perfume Market – Price Range Analysis
Saudi Arabia Perfume Market – Packaging Analysis
Saudi Arabia Perfume Market – Distribution Channel Analysis
Key Players and Market Share
– Zohoor Al Reef Co.
– Yves Rocher sa
– Unilever PLC
– The Estee Lauder Companies Inc.
– Surrati Perfumes Co.
– Rasasi Perfumes Industry LLC
– PUIG SL
– Natura & Co
– Mahmood Saeed Company Limited
…
Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Saudi Arabia Perfume Market 2019-2029
Chart Saudi Arabia Perfume Market, Net Growth, 2019-2029
Chart Saudi Arabia Perfume Market, Growth Rates, 2019-2029
Table Saudi Arabia Perfume Market by Product Type, 2019-2029
Chart Saudi Arabia Perfume Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Saudi Arabia Perfume Market by Product Type, 2019-2029
Table Saudi Arabia Perfume Market by Price Range, 2019-2029
Chart Saudi Arabia Perfume Market by Price Range, CAGR Historic and Forecast, 2019-2029
Chart Saudi Arabia Perfume Market by Price Range, 2019-2029
Table Saudi Arabia Perfume Market by Packaging, 2019-2029
Chart Saudi Arabia Perfume Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Saudi Arabia Perfume Market by Packaging, 2019-2029
Table Saudi Arabia Perfume Market by Distribution Channel, 2019-2029
Chart Saudi Arabia Perfume Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Saudi Arabia Perfume Market by Distribution Channel, 2019-2029
Table Saudi Arabia Perfume Market Share (%), by Companies, 2019-2023
Chart Saudi Arabia Perfume Market, by Companies, 2023
Table Saudi Arabia Perfume Market Share (%), by Brands, 2019-2023
Chart Saudi Arabia Perfume Market, by Brands, 2023
Table Saudi Arabia – Population (Millions) and Forecast
Table Saudi Arabia – Consumer Price Index (CPI) and Forecast
Table Saudi Arabia – Gross Domestic Product and Forecast
Table Saudi Arabia Perfume Market: Spend as a Proportion of GDP (%)
Table Saudi Arabia Perfume Market: Consumption per Capita (Population)

Companies Mentioned

Zohoor Al Reef Co.
Yves Rocher sa
Unilever PLC
The Estee Lauder Companies Inc.
Surrati Perfumes Co.
Rasasi Perfumes Industry LLC
PUIG SL
Natura & Co
Mahmood Saeed Company Limited
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
L’Oreal S.A.
Inter Parfums, Inc.
Ibraheem AlQurashi Perfumes LLC
Hamil Al Musk Oud & Perfumes Co
Euroitalia S.R.L.
Deraah Company
Coty Inc.
Chanel S.A.
Arabian Oud Company
Al Majed For Oud
Ajmal International Trading Co. (LLC)
Abdul Samad Al Qurashi Company