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The fragrance and perfume market size is forecast to increase by USD 19.48 billion at a CAGR of 5.84% between 2023 and 2028. The market is experiencing significant growth, driven by several key trends and challenges. One significant factor is the rising power of social media, which has transformed the way consumers discover and purchase fragrances. Another trend is the increasing demand for natural and sustainable ingredients, as consumers become more conscious of the environmental impact of their purchases. Regulatory compliance and stringent restrictions regarding fragrance and perfume raw materials are also shaping the market, with companies focusing on meeting these requirements to maintain market presence. In summary, the fragrance and perfume industry is undergoing a period of transformation, shaped by social media influence, the demand for natural and sustainable ingredients, and regulatory compliance.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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