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PERFUMEMARKET ASIA-PACIFIC, FRANCE, GERMANY, GCC, UK, USA TABLE OF CONTENT 01 02 03 04 Asia Pacific France Germany GCC • Market Overview • Market Overview • Market Overview • Market Overview • Market Dynamics • Market Dynamics • Market Dynamics • Market Dynamics and Competition and Competition and Competition and Competition 05 06 07 UK USA Comparative Study • Market Overview • Market Overview • Market • Market Dynamics • Market Dynamics Readiness and and Competition and Competition Potential Business Plan: AnimStudios Agencies Limited ASIA PACIFIC Market Overview Overall Fragrances Market India - the Most Potential Market • The global Fragrance and Perfumes market is expected to • The Indian fragrance market has grown at a CAGR of 32.2% grow over the next five years, driven primarily by growth during the last five years and expected to grow at a CAGR of expected in the underpenetrated emerging markets such as 11.9%duringthenextfiveyears Asia Pacific. • The rise in personal care, brand awareness, increasing disposable income, growing demand in middle class people and • Although Europe, the US and Latin America are considered affordable price range are driving the expansion of the region's the major fragrance markets, the growth emanating from the fragrancemarket developing regions including Asia-Pacific and Latin America is expected to be very strong in the coming years. Rising Demand for Mass Men’s Fragrances • Fragrances market in Asia-pacific is expected to grow at a • Mass men’s fragrances that includes the celebrity brands are rising in demandin theAsia-Pacific region. CAGR of 6.9% during 2014-2019 and represent 23% of the • Total mass men’s fragrances market was $348.8 million in in global fragrances market by 2019 2014, andexpectedtoreach$443.7 millionby2-17 • India, China, Vietnam and South Kore are some of the rapidly growingAsia-Pacific market for mass fragrances Fragrances Market Sales Mass Men’s Fragrances Market ($ million) 4.6 443.7 348.8 3.3 2014 2019 2014 2019 3 Business Plan: AnimStudios Agencies Limited ASIA PACIFIC Market Dynamics and Competition Competition –Fragrances and Celebrity Perfumes Top Players China: The fragrance market in China is dominated by international brands. The first was Christian Dior, which was already established long ago in China. This brandwaslaterjoinedbyChanelandElizabethArden. ✓ Chinese do not like strong odors, brands must have a scent that is light and unobtrusivetohaveanychanceofsuccess inChina South Korea: LG Household & Health Care Ltd’s value share declined to 7% in 2015, though the company sustained its leadership in fragrances during the year. The player has a stronger portfolio in mass fragrances through brands such as The Face ShopandVonin India: Bulgari Parfums was the largest player within fragrances in India in 2015, recording a retail value share of 6%. The top two offerings from the company, Bvlgari Aqva Pour Homme and Bvlgari Aqva, each recorded a retail value share of 2%in2015,withthecompanytappingintoitsglobalimagetodrivesales. Vietnam: Coty Inc continued to stand in the leading position, accounting for a 15% shareofretailvaluesales in 2015. Key Market Drivers Celebrities with Perfumes by their names • Rising economies • Increasing middle class • The trend of celebrity perfumes started • Amitabh Bachchan • Elizabeth Taylor and rising disposable long back in India. Zeenat Aman, income • Shah Rukh Khan • Justin Bieber • Rising mass fragrances apparently, was the first Indian actor to demand have a perfume named Zeenatafter her • Arjun Rampal • Jenna Jameson • The launch of Dhoni's perfume makes • Shilpa Shetty • Kim Kardashian Challenges the Team India captain the first-ever Indian sportsman to have his own line of • MS Dhoni • Paris Hilton • Lack of acceptance in fragrances countries such as China and Japan 4 Business Plan: AnimStudios Agencies Limited
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