The Luxury Fragrance Market size is expected to grow at an annual average of 2% during 2021-2027. Premiumization has facilitated a bridge between the desirability of a luxurious experience and the mass market necessity. As a result, premiumization plays a key role in the overall luxury perfume market growth. Today’s customers seek superior quality and […]
Tag Archives: Luxury Fragrance Market
Luxury Fragrance Market size was valued at $11.7 billion in 2018 and is expected to reach $16.8 billion by 2027, registering a CAGR of 5% from 2019 to 2027. In the past few years, the traditional mass market perfume business has declined in sales as target customers are looking for more luxurious perfume brands. This […]