GCC Perfume Market Research and Forecast Report 2024 - 2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group I n t e r n a t i o n a l Ma r k e t A n a l ys i s R e s e a r c h a n d C o n s u l t i n g G r o u p i s a l e a d i n g a d vi s e r o n ma n a g e me n t s t r a t e g y a n d ma r k e t r e s e a r c h wo r l d wi d e We p a r t n e r wi t h c l i e n t s i n a l l r e g i o n s a n d i n d u s t r y ve r t i c a l s t o i d en t i f y t h e i r h i g h e s t - va l u e o p p o r t u n i t i e s , a d d r e ss t h e i r mo s t c ri t i c a l c h a l l e n g e s , a n d t r a n s f o r m t h e i r b u s i n e s s e s I M A R C’s i n f o r ma t i o n p r o d u c ts i n c l u d e ma j o r ma r k e t , s c i e n t i f i c , e c o n o m i c a n d t e c h no l o g i c a l d e ve l o p me n t s f o r b u s i n e s s l e a d e r s i n p h a r ma c e u t i ca l , i n d u s t r i a l , a n d h i g h te c h n o l o g y o r g a n i z a t i o n s Ma r k e t f o r e c a s t s a n d i n d u s t ry a n a l ys i s f o r b i o t e c h n o l o g y, a d va n c e d ma t e r i a l s , c h e m i c a l s , f o o d a n d b e ve r a g e , t r a ve l a n d t o u ri s m, n a n o t e c h no l o g y a n d n o ve l p r o c e s s i n g me t h o d s a r e a t t h e t o p o f t h e c o m p a n y’s e xp e r t i s e I M A R C’s t a i l o r e d a p p r o a c h co m b i n e s u n f a t h o m a b l e i n s i g h t i n t o t h e d yn a m i c s o f c o mp a n i e s a n d ma r k e t s wi t h c l o s e c o o p e r a t i o n a t a l l l e ve l s o f t h e c l i e n t o r g a n i z a t i o n Th i s e n s u r e s t h a t o u r c l i e n t s ac h i e ve unmat c ha b l e c o m p e t i t i ve a d va n t a g e , b u i l d mor e pr of i c i ent o r g a n i z a t i o n s , a n d s ec ur e las t i ng r e s u l t s Report Highlight and Description A c c o r d i n g t o t h e l a t e s t r e p o r t b y I M A R C G r o u p , t i t l e d " G C C P e r f u m e M a r k e t : I n d u s t r y Tr e n d s , S h a r e , S i z e , G r o w t h , O p p o r t u n i t y a n d F o r e c a s t 2 0 2 4 - 2 0 3 2 , " t h e G C C p e r f u m e m a r k e t s i z e r e a c h e d U S $ 2 9 B i l l i o n i n 2 0 2 3 P e r f u m e i s a f r a g r a n t p r o d u c t w h i c h i s p r e p a r e d f r o m a h e t e r o g e n e o u s m i x t u r e o f f r a g r a n t e s s e n t i a l o i l s , a r o m a c o m p o u n d s , a n d f i x a t i v e s a n d s o l v e n t s U s u a l l y a v a i l a b l e i n a l i q u i d f o r m , i t i s w i d e l y u s e d t o i m p a r t a p l e a s a n t a r o m a t o t h e u s e r ’ s b o d y A l o n g w i t h t h i s , p e r f u m e s a i d i n i m p r o v i n g m o o d a n d r e d u c i n g s t r e s s T h e p e r f u m e m a r k e t i n t h e G C C r e g i o n h a s b e e n f l o u r i s h i n g o v e r t h e p a s t f e w y e a r s T h e n a t i v e s o f t h e r e g i o n h a v e b e e n t r a d i t i o n a l l y u s i n g p e r f u m e s a n d i n c e n s e m a d e f r o m A g a r w o o d , a r e s i n - e m b e d d e d w o o d , f o r i t s d i s t i n c t i v e f r a g r a n c e I t f o r m s a d o m i n a n t i n g r e d i e n t i n v a r i o u s l o c a l l y m a n u f a c t u r e d p e r f u m e s R e q u e s t f o r a P D F s a m p l e o f t h i s r e p o r t : h t t p s : / / w w w i m a r c g r o u p c o m / g c c - p e r f u m e - m a r k e t / r e q u e s t s a m p l e Report Description G C C P e r f u m e M a r k e t Tr e n d s : R i s i n g d i s p o s a b l e i n c o m e i s o n e o f t h e k e y f a c t o r s d r i v i n g t h e m a r k e t i n t h e r e g i o n W i t h r a p i d u r b a n i z a t i o n a n d i n c r e a s i n g w e s t e r n i n f l u e n c e s , c o n s u m e r s i n t h e r e g i o n a r e n o w i n c l i n i n g t o w a r d p r e m i u m q u a l i t y p r o d u c t s A p a r t f r o m t h e a l r e a d y p r e f e r r e d p e r f u m e s w i t h a m b e r, o u d , b u k h o o r a n d r o s e , m a n u f a c t u r e r s a r e c o n s t a n t l y i n v e s t i n g t o b r i n g i n n o v a t i v e f r a g r a n c e s i n t h e m a r k e t w h i c h a r e i n f u s e d w i t h n a t u r a l o i l s l i k e l a v e n d e r o r m i n t T h i s , a l o n g w i t h a n i n c r e a s e i n t h e e x p a t r i a t e p o p u l a t i o n i n t h e r e g i o n , h a s a i d e d t h e m a n u f a c t u r e r s t o e x p a n d t h e i r c o n s u m e r b a s e M o r e o v e r, t h e t h r i v i n g t o u r i s m i n d u s t r y i n t h e G C C r e g i o n h a s t r i g g e r e d t h e s u r g e i n t h e d u t y - f r e e s a l e s w h i c h i s s p u r r i n g t h e g r o w t h o f t h e e x p o r t m a r k e t A f l o u r i s h i n g e - c o m m e r c e i n d u s t r y a l o n g w i t h i n c r e a s i n g l i f e s t y l e e x p e n d i t u r e i s a l s o s i g n i f i c a n t l y c o n t r i b u t i n g t o t h e m a r k e t g r o w t h A d d i t i o n a l l y, k e e p i n g w i t h t h e I s l a m i c b e l i e f o f t h e m a j o r i t y o f t h e p o p u l a t i o n i n t h e r e g i o n , i n t e r n a t i o n a l m a n u f a c t u r e r s a r e n o w l a u n c h i n g p r o d u c t s w h i c h a r e p r o d u c e d i n a c c o r d a n c e w i t h h a l a l r e g u l a t i o n s , w h i c h i s c r e a t i n g a p o s i t i v e o u t l o o k f o r t h e m a r k e t L o o k i n g f o r w a r d , t h e m a r k e t i s a n t i c i p a t e d t o r e a c h a v a l u e o f U S $ 4 5 B i l l i o n b y 2 0 3 2 , e x p a n d i n g a t a C AG R o f 5 3 % d u r i n g 2 0 2 4 - 2 0 3 2 V i e w R e p o r t T O C , F i g u r e s a n d Ta b l e s : h t t p s : / / w w w i m a r c g r o u p c o m / g c c - p e r f u m e - m a r k e t Report Segmentation B r e a ku p b y P r i c e : • P r e m i u m P ro d u c t s • M a s s P ro d u c t s B r e a ku p b y G e n d e r : • M a l e • Fe m a l e • U n i s ex B r e a ku p b y P r o d u c t : • A ra b i c • F r e n c h • O t h e rs Report Segmentation B r e a ku p b y Re g i o n : • S a u d i A ra b i a • UA E • Ku wa i t • O t h e rs Competitive Landscape with Key Players • A j m a l • T F K • R a s a s i • A ra b i a n O u d • A b d u l s a m a d A l q u ra s h i Key Questions Answered in the Report How has the GCC perfume market performed so far, and how will it perform in the coming years? What are the drivers, restraints, and opportunities in the GCC perfume market? What is the impact of each driver, restraint, and opportunity on the GCC perfume market? What is the breakup of the market based on the price? Which is the most attractive price in the GCC perfume market? What is the breakup of the market based on the gender? Which is the most attractive gender in the GCC perfume market? Key Questions Answered in the Report What is the breakup of the market based on product? Which is the most attractive product in the GCC perfume market? What is the competitive structure of the GCC perfume market? Who are the key players/companies in the GCC perfume market? Table of Contents 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n 2 . 4 . 1 B o t t o m - U p A p p r o a c h 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 I n t r o d u c t i o n 4 . 1 O v e r v i e w 4 . 2 K e y I n d u s t r y T r e n d s 5 5 G l o b a l P e r f u m e M a r k e t 5 . 1 M a r k e t O v e r v i e w 5 . 2 M a r k e t P e r f o r m a n c e 5 . 3 M a r k e t B r e a k u p b y P r i c e 5 . 4 M a r k e t B r e a k u p b y G e n d e r 5 . 5 M a r k e t B r e a k u p b y D i s t r i b u t i o n C h a n n e l 5 . 6 M a r k e t B r e a k u p b y R e g i o n 5 . 7 M a r k e t F o r e c a s t 6 G C C P e r f u m e M a r k e t 6 . 1 M a r k e t O v e r v i e w 6 . 2 M a r k e t P e r f o r m a n c e 6 . 3 I m p a c t o f C O V I D - 1 9 6 . 4 M a r k e t B r e a k u p b y P r i c e 6 . 5 M a r k e t B r e a k u p b y G e n d e r 6 . 6 M a r k e t B r e a k u p b y P r o d u c t Table of Contents 6 . 7 M a r k e t B r e a k u p b y R e g i o n 6 . 8 M a r k e t F o r e c a s t 6 . 9 S W O T A n a l y s i s 6 . 9 . 1 O v e r v i e w 6 . 9 . 2 S t r e n g t h s 6 . 9 . 3 W e a k n e s s e s 6 . 9 . 4 O p p o r t u n i t i e s 6 . 9 . 5 T h r e a t s 6 . 1 0 V a l u e C h a i n A n a l y s i s 6 . 1 0 . 1 O v e r v i e w 6 . 1 0 . 2 R e s e a r c h a n d D e v e l o p m e n t 6 . 1 0 . 3 R a w M a t e r i a l P r o c u r e m e n t 6 . 1 0 . 4 M a n u f a c t u r i n g 6 . 1 0 . 5 M a r k e t i n g 6 . 1 0 . 6 D i s t r i b u t i o n 6 . 1 0 . 7 E n d - U s e 6 . 1 1 P o r t e r s F i v e F o r c e s A n a l y s i s 6 . 1 1 . 1 O v e r v i e w 6 . 1 1 . 2 B a r g a i n i n g P o w e r o f B u y e r s 6 . 1 1 . 3 B a r g a i n i n g P o w e r o f S u p p l i e r s 6 . 1 1 . 4 D e g r e e o f C o m p e t i t i o n 6 . 1 1 . 5 T h r e a t o f N e w E n t r a n t s 6 . 1 1 . 6 T h r e a t o f S u b s t i t u t e s 6 . 1 2 P r i c e A n a l y s i s 6 . 1 2 . 1 K e y P r i c e I n d i c a t o r s 6 . 1 2 . 2 P r i c e S t r u c t u r e 6 . 1 2 . 3 M a r g i n A n a l y s i s 7 M a r k e t B r e a k u p b y P r i c e 7 . 1 P r e m i u m P r o d u c t s 7 . 1 . 1 M a r k e t T r e n d s 7 . 1 . 2 M a r k e t F o r e c a s t F o r m o r e i n f o r m a t i o n , v i s i t : h t t p s : / / w w w . i m a r c g r o u p . c o m / g c c - p e r f u m e - m a r k e t / t o c Disclaimer © 2 0 2 3 I M AR C Al l R i g h t s R e s e r v e d T h i s P u b l i c a t i o n a n d a l l i t ’ s c o n t e n t s u n l e s s o t h e r w i s e m e n t i o n e d a r e c o p y r i g h t e d i n t h e n a m e o f I n t e r n a t i o n a l M a r k e t A n a l y s i s R e s e a r c h a n d C o n s u l t i n g ( I M A R C ) N o p a r t o f t h i s p u b l i c a t i o n m a y b e r e p r o d u c e d , r e p a c k a g e d , r e d i s t r i b u t e d o r r e s o l d i n w h o l e o r i n a n y p a r t T h e p u b l i c a t i o n m a y a l s o n o t b e u s e d i n a n y f o r m o r b y a n d m e a n s g r a p h i c e l e c t r o n i c o r m e c h a n i c a l , i n c l u d i n g p h o t o c o p y i n g , r e c o r d i n g , t a p i n g o r b y i n f o r m a t i o n s t o r a g e o r r e t r i e v a l , o r b y a n y o t h e r f o r m , w i t h o u t t h e e x p r e s s c o n s e n t o f I n t e r n a t i o n a l M a r k e t A n a l y s i s R e s e a r c h a n d C o n s u l t i n g ( I M A R C ) D i s c l a i m e r : A l l c o n t e n t s a n d d a t a o f t h i s p u b l i c a t i o n , i n c l u d i n g f o r e c a s t s , d a t a a n a l y s i s a n d o p i n i o n h a v e b e e n b a s e d o n i n f o r m a t i o n a n d s o u r c e s b e l i e v e d t o b e a c c u r a t e a n d r e l i a b l e a t t h e t i m e o f p u b l i s h i n g I n t e r n a t i o n a l M a r k e t A n a l y s i s R e s e a r c h a n d C o n s u l t i n g m a k e s n o r e p r e s e n t a t i o n o f w a r r a n t y o f a n y k i n d a s t o t h e a c c u r a c y o r c o m p l e t e n e s s o f a n y I n f o r m a t i o n p r o v i d e d I M A R C a c c e p t s n o l i a b i l i t y w h a t s o e v e r f o r a n y l o s s o r d a m a g e r e s u l t i n g f r o m o p i n i o n , e r r o r s o r i n a c c u r a c i e s i f a n y f o u n d t h i s p u b l i c a t i o n I M A R C , I M A R C G r o u p a n d G l o b a l T h e r a p y I n s i g h t S e r i e s a r e r e g i s t e r e d t r a d e m a r k s o f I n t e r n a t i o n a l M a r k e t A n a l y s i s R e s e a r c h a n d C o n s u l t i n g A l l o t h e r t r a d e m a r k s u s e d i n t h i s p u b l i c a t i o n a r e r e g i s t e r e d t r a d e m a r k s o f t h e i r r e s p e c t i v e c o m p a n i e s Contact Us Visit us at : https://www.imarcgroup.com TELEPHONE: +1 - 631 - 791 - 1145 E - MAIL: sales@imarcgroup.com