Sri Lanka Perfume Market 2024

Description

The perfume in Sri Lanka market is expected to increase by USD 4.6 million, at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2029, according to the latest edition of the Perfume Market in Sri Lanka Report. The urbanization of Sri Lanka is accelerating, leading to a higher density of affluent consumers in metropolitan areas. This urban demographic is more exposed to international trends and shows a greater propensity to invest in premium and niche fragrances. In addition, brands are adopting sophisticated marketing strategies, such as celebrity endorsements and social media campaigns, to create an aspirational appeal. These strategies resonate well with consumers, who are significantly influenced by global fashion and lifestyle trends.

This report provides a thorough assessment of the Sri Lanka 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 Sri Lanka 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, grocery stores, department stores, health and beauty stores, direct selling, e-commerce, others

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

Competitive Landscape

As of 2023, the major players in the Sri Lanka perfume market were Hemas Holdings PLC, Capital Maharaja Organisation Ltd., Oriflame Cosmetics S.A.

This report provides a comprehensive analysis of the key players in the Sri Lanka 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 Sri Lanka perfume market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Sri Lanka perfume market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Sri Lanka 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 overviewSri Lanka perfume market – gender analysis
Sri Lanka perfume market – price range analysis
Sri Lanka perfume market – packaging analysis
Sri Lanka perfume market – distribution channel analysis
Key players and market share
– Hemas Holdings PLC
– Capital Maharaja Organisation Ltd.
– Oriflame Cosmetics S.A.
Macroeconomic data and forecast
Disclaimer

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