Dublin, Dec. 15, 2020 (GLOBE NEWSWIRE) -- The "Middle East Fragrances Market by Demographics and Country: Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.
The Middle East fragrances market size was valued at $2,852. 9 million in 2019, and is projected to reach $4,414. 1 million by 2027, registering a CAGR of 7. 4% from 2020 to 2027.
The Middle East fragrances market exhibit high growth potential, owing to the constantly increasing consumer demand for personal care products. Previously perceived as a commodity of the affluent population, fragrances have gradually become the essential day-to-day products for general public. Fragrance is a mixture of essential oils or aromatic compounds, solvents, and fixatives, which are used as long-lasting perfumes.
Over the years, people used spices and herbs such as coriander, almonds, conifer resin, or bergamot as well as flowers to impart pleasant scent to the products. These products are used to express personal panache, self-reliance, and individuality. Increase in importance of fragrances and the ever-changing fashion trends fuel the growth in demand for these products.
With The rise in internet penetration, the number of social media users has increased considerably. Taking this into consideration, most of the key players in the Middle East fragrances market strategize on promoting their products and services on these social media platforms.
This is attributed to the fact that social media marketing is one of the major strategies adopted by various companies and industries to increase awareness about their product offerings among target customers on social media channels. Thus, through social media marketing strategy, the Middle East fragrances market sights critical opportunity in gaining traction and increasing its customer reach among its target segments.
Increase in population coupled with The rise in consumer expenditure on personal and beauty care products, surge in awareness about the therapeutic benefits of fragrances, and innovative product push strategy by key players are the major drivers for the global fragrance and perfume market. However, availability of counterfeit products and use of chemical ingredients with probable side-effects are expected to hamper the growth during the forecast period.
Key Topics Covered:
Chapter 1: Introduction
1.1. Report Description
1.2. Key Market Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
Chapter 2: Executive Summary
Chapter 3: Market Overview
3.1. Market Definition and Scope
3.2. List of Top Selling Brands
3.2.1. Top Selling Arabian Perfumes Brands by Gender
3.2.2. Top Selling Western Perfumes Brands by Gender
3.3. Top Selling Perfume Brands Pricing Analysis, by Country, 2020
3.3.1. Top Selling Arabian Perfumes Brands
3.3.2. Top Selling Western Perfumes Brands
3.3.2.1. Ksa
3.3.2.2. Uae
3.3.2.3. Jordan
3.3.2.4. Iraq
3.3.2.5. Cost Teardown Analysis: Perfume Market
3.3.3. Production Cost
3.3.4. Packaging Cost
3.3.5. Distribution Cost
Chapter 4: Middle East Fragrances Market, by Country, 2019-2027
4.1. Overview
4.1.1. Market Size and Forecast (Value and Volume)
For more information about this report visit https://www.researchandmarkets.com/r/fughv7
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.