Singapore Perfume Market 2024

Description

The perfume market in Singapore is likely to register a CAGR of over 8.3% with an incremental growth of USD 119.2 million during the forecast period 2024-2029. An increasing number of consumers are seeking personalized and bespoke fragrances, driving robust growth in the market for customized perfume offerings. In response, perfume brands are launching innovative products designed to meet individual preferences. This includes personalized consultations and bespoke scent creation services, which significantly enhance consumer engagement and satisfaction.

This report presents a detailed overview of the Singapore perfume industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like gender, price range, packaging, and distribution channel. This detailed analysis supports the identification of growth opportunities within the perfume industry.

Market Segmentation

The perfume market in Singapore is structured as follows:
Gender: men, women, unisex
Price range: premium products, mass products
Packaging: glass bottles, plastic bottles, others (crystal, metal, etc.)
Distribution channel: department stores, health and beauty stores, e-commerce, others

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

Competitive Landscape

The Singapore perfume market is highly competitive. The key players in the perfume market include Coty Inc., LVMH Moet Hennessy Louis Vuitton SA (LVMH), L’Oreal S.A., The Estee Lauder Companies Inc., PUIG SL, Chanel S.A., Inter Parfums Inc., Natura & Co, Victoria’s Secret & Co., Shiseido Company Limited, Euroitalia S.R.L., Dolce & Gabbana S.R.L., Alliance Cosmetics Sdn Bhd.

This report provides a thorough assessment of the Singapore perfume market, examining the performance of leading players from 2019 to 2023. The analysis offers critical information on market share dynamics, pinpointing dominant incumbents as well as rising challengers. Leveraging this data enables companies to refine their strategies, seize growth opportunities, and sustain competitive advantage in an increasingly dynamic market environment.

Why Buy This Report?

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

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