Saudi Arabia Perfume Market Share, Size, Trends, Growth, Analysis and Forecast Till 2023

1. Saudi Arabia Perfume Market Report and Forecast Till 2023 Copyright © IMARC Service Pvt Ltd. All Rights Reserved

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3. Report Description and Highlights Report Description Saudi Arabia Perfume Market Report By Product (Arabic, French, and Others), Price (Premium Products and Mass Products), Gender The Saudi Arabia perfume market has experienced a positive growth over the past several years. This can be accredited to the rising disposable incomes along with the shift towards personal grooming and adoption of western blends of fragrances. Market Overview: IMARC Group’s latest report, entitled “Saudi Arabia Perfume Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the Saudi Arabia perfume market reached a value of US$ 1.6 Billion in 2017. Perfumes form an integral part of the Saudi Arabia’s tradition and cultural heritage due to which the consumers are very selective in choosing perfumes and spend a significant amount of their incomes on these products. Over the years, Saudi Arabia has emerged as a major hub for creating innovative perfumes with a particular focus on exotic ouds and fine variants. Moreover, as perfumes and fragrances aid in improving mood and reducing stress, the emergence of aromachology and use of fragrances in therapeutic applications are providing a positive thrust to the market growth. The market has also gained traction as the manufacturers are launching exotic and unisex fragrances in order to diversify their product portfolio and target the affluent consumers.

4. Report Description and Highlights Report Description • Saudi Arabia Perfume Market Trends: • In Saudi Arabia, the consumers prefer to purchase halal cosmetics as they contain ingredients that are permitted under the Islamic law. Further, the increasing employment opportunities coupled with rising purchasing power of the consumers in Saudi Arabia is expected to accelerate the personal grooming trend and, in turn, the growth of the perfume market. On account of increasing travel and tourism activities, and western influences, the consumers are now adopting blends of oriental and French fragrances. Moreover, numerous perfume manufacturers are focusing on fragrances which are unisex in nature like oud, sandalwood, amber, musk and rose. Other factors such as the emergence of commercial television and internet as major advertising platforms, innovative marketing strategies, urbanization, and proliferation of shopping centers have led to a shift in the consumer preferences for luxury goods in the region. Looking forward, the market is projected to reach a value of US$ 2.5 Billion by 2023, expanding at a CAGR of 7.8% during 2018-2023. • Saudi Arabia Perfume Market Segmentation: • Market Segmentation by Price • Premium Products, • Request for a sample report: https://www.imarcgroup.com/request?type=report&id=1015&flag=B

5. Market Forecast Sample Figure: Saudi Arabia: Perfume Market Forecast: Value (in Billion US$), 2018-2023

6. Market Segmentation Report Description • Mass Products, • Based on price, the market has been segmented as premium and mass products. Amongst these, premium products dominate the market, accounting for the majority of the total share. • Market Segmentation by Gender • Male • Female • Unisex • On the basis of gender, unisex perfumes hold the largest share, representing the leading segment. Unisex perfumes are followed by female and male perfumes. • Market Segmentation by Product • Arabic • French  • Others  • For more information, click here: https://www.imarcgroup.com/saudi-arabia-perfume-market

7. Market Segmentation Report Description • Based on products, the market has been segregated into Arabic, French and other perfumes. Currently, Arabic perfumes are the most popular product type as there is a huge demand for traditional fragrances, such as bukhur, amber, oud and rose. • Competitive Landscape: • The competitive landscape of the market has also been examined with some of the key players. • Arabian Oud • Abdul Samad Al Qurashi. • In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

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11. Report Description and Highlights Report Description © 2018 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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