Saudi Arabia Perfume and Fragrances Market Growth, Size, Trends, Revenue and Future Outlook
Saudi Arabia Perfume and Fragrances Market Size- By Product, By Consumer Group, By Category, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Dec-2023 | Report ID: FMCG23161 | Pages: 1 - 105 | Formats*: |
| Category : Consumer & Retail | |||
Saudi Arabia Perfume and Fragrances Market Introduction and Overview
According to SPER Market Research, the Saudi Arabia Perfume and Fragrances Market is estimated to reach USD 3.66 billion by 2033 with a CAGR of 6.5%.
The report includes an in-depth analysis of the Saudi Arabia Perfume and Fragrances Market, including market size and trends, product mix, applications, and supplier analysis. Fragrances and perfumes are aromatic concoctions designed to improve one's own scent. When applied to the skin or clothing, they provide pleasant fragrances thanks to the combination of aromatic chemicals, essential oils, and fixatives. These fragrances, which come from both natural and artificial sources, are divided into several categories such as floral, woody, oriental, and fresh notes. As a reflection of a person's style and personality, perfumes are important for personal grooming. They are an essential component of cultural customs, cosmetics, and the luxury market. They are utilised in a variety of items, such as body sprays and colognes, and they have an impact on feelings, memories, and perceptions.
- December 2021: Oud07 is a new scent by Arabian Oud. For both men and women, Oud 07 by Swiss Arabian is a woodsy scent. The product might be purchased through physical and virtual retail outlets.
Market Opportunities and Challenges
With the expansion of the e-commerce industry, the market is anticipated to grow more quickly during the next ten years. The internet has a major role in increasing consumer awareness of scent items. In the region, Saudi Arabia has the most active users on Instagram, Facebook, Snapchat, Twitter, and other social media platforms. Numerous entrepreneurs in the beauty product industry have become well-known by using social media to advertise their goods. Important companies are also using these channels to promote their recently released goods.
The Saudi Arabian market for perfumes and fragrances is expanding due to factors such as changing lifestyles, rising disposable income, growing interest in personal grooming, the cultural significance of perfumes in the area, and an increase in tourism. Additional factors driving market expansion include growing retail networks, assertive brand marketing campaigns, and consumer desire for high-end, luxury fragrances. An industry that is dynamic and competitive is being created by the rise of online shopping platforms and a younger population that is more aware of global trends. The market for perfumes and scents in Saudi Arabia is severely constrained by stringent cultural values and legal requirements. Scents that can be marketed are restricted by conservative societal beliefs that demand adherence to modesty standards. In addition, complicated laws pertaining to product testing, labelling, and ingredient sourcing present difficulties for foreign companies entering the market. Market entry and extension are laborious tasks because of these limitations, which necessitate careful customisation of marketing techniques and product compositions to line with local preferences while guaranteeing compliance.
Market Competitive Landscape
The major players in the Saudi Arabia Perfume and Fragrances Market include: Abdul Samad Al Qurashi, Ajmal Perfumes, Al-Rehab, Arabian Oud, Lattafa Perfumes, Nabeel Perfumes, Paris Gallery, Rasasi Perfumes, Sephora, Swiss Arabian, Others. These businesses are also concentrating on making investments in partnerships, innovations, and expansions in order to increase their market share.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product, By Consumer Group, By Category, By Application |
| Regions covered | Western Region, Northern & Central Region, Eastern Region, Southern Region |
| Companies Covered | Abdul Samad Al Qurashi, Ajmal Perfumes, Al-Rehab, Arabian Oud, Lattafa Perfumes, Nabeel Perfumes, Paris Gallery, Rasasi Perfumes, Sephora, Swiss Arabian, Others |
COVID-19 Impact on Saudi Arabia Perfume and Fragrances Market
The market for perfumes and scents in Saudi Arabia was greatly affected by the COVID-19 outbreak. Sales fell as a result of travel restrictions, lockdowns, and lower consumer spending. The reduction in social events and store closures had an impact on the market for these products as well. But when limitations loosened, there was a slow rebound and an increase in internet sales. By emphasising items that prioritise hygiene, the market adjusted. Overall, the market suffered a brief setback but showed resiliency by embracing new distribution channels and adapting to shifting consumer tastes.
Key Target Audience:
- Corporate Gifting Companies
- Cosmetic Brands and Manufacturers
- Cosmetics and Beauty Retailers
- Department Stores and Specialty Shops
- Event Planners and Wedding Industry
- Fashion and Beauty Enthusiasts
- Gift Shoppers
- Health and Wellness Spas
- Luxury Goods Consumers
- Tourism and Hospitality Industry
- Others
Our in-depth analysis of the Saudi Arabia Perfume and Fragrances Market includes the following segments:
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Key Topics Covered in the Report
- Saudi Arabia Perfume and Fragrances Market Size (FY’2023-FY’2033)
- Overview of Saudi Arabia Perfume and Fragrances Market
- Segmentation of Saudi Arabia Perfume and Fragrances Market By Product (Eau de Cologne, Eau de Parfum, Eau de Toilette, Eau fraiche, Parfum or Extrait)
- Segmentation of Saudi Arabia Perfume and Fragrances Market By Consumer Group (Men, Unisex, Women)
- Segmentation of Saudi Arabia Perfume and Fragrances Market By Category (Natural, Synthetic)
- Segmentation of Saudi Arabia Perfume and Fragrances Market By Application (Beauty & Personal Care, Fabric Care, Food & Beverages, Homecare, Pharmaceuticals & Healthcare)
- Statistical Snap of Saudi Arabia Perfume and Fragrances Market
- Expansion Analysis of Saudi Arabia Perfume and Fragrances Market
- Problems and Obstacles in Saudi Arabia Perfume and Fragrances Market
- Competitive Landscape in the Saudi Arabia Perfume and Fragrances Market
- Impact of COVID-19 and Demonetization on Saudi Arabia Perfume and Fragrances Market
- Details on Current Investment in Saudi Arabia Perfume and Fragrances Market
- Competitive Analysis of Saudi Arabia Perfume and Fragrances Market
- Prominent Players in the Saudi Arabia Perfume and Fragrances Market
- SWOT Analysis of Saudi Arabia Perfume and Fragrances Market
- Saudi Arabia Perfume and Fragrances Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Saudi Arabia Perfume and Fragrances Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Saudi Arabia Perfume and Fragrances Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Saudi Arabia Perfume and Fragrances Market
7. Saudi Arabia Perfume and Fragrances Market, By Product (USD Million)
7.1. Saudi Arabia Perfume and Fragrances Market Value Share and Forecast, By Product, 2023-20337.2. Eau de Cologne (EDC)7.3. Eau de Parfum (EDP)7.4. Eau de Toilette (EDT)7.5. Eau fraiche7.6. Parfum or Extrait
8. Saudi Arabia Perfume And Fragrances Market, By Consumer Group (USD Million)
8.1. Saudi Arabia Perfume and Fragrances Market Value Share and Forecast, By Consumer Group, 2023-20338.2. Men8.3. Unisex8.4. Women
9. Saudi Arabia Perfume and Fragrances Market, By Category (USD Million)
9.1. Saudi Arabia Perfume and Fragrances Market Value Share and Forecast, By Category, 2023-20339.2. Natural9.3. Synthetic
10. Saudi Arabia Perfume and Fragrances Market, By Application (USD Million)
10.1. Saudi Arabia Perfume and Fragrances Market Value Share and Forecast, By Application, 2023-203310.2. Beauty & Personal Care10.3. Fabric Care10.4. Food & Beverages10.5. Homecare10.6. Pharmaceuticals & Healthcare
11. Saudi Arabia Perfume and Fragrances Market Forecast, 2019-2033 (USD Million)
11.1. Saudi Arabia Perfume and Fragrances Market Size and Market Share
12. Saudi Arabia Perfume and Fragrances Market, By Product, 2019-2033 (USD Million)
12.1. Saudi Arabia Perfume and Fragrances Market Size and Market Share By Product (2019-2026)12.2. Saudi Arabia Perfume and Fragrances Market Size and Market Share By Product (2027-2033)
13. Saudi Arabia Perfume and Fragrances Market, By Consumer Group, 2019-2033 (USD Million)
13.1. Saudi Arabia Perfume and Fragrances Market Size and Market Share By Consumer Group (2019-2026)13.2. Saudi Arabia Perfume and Fragrances Market Size and Market Share By Consumer Group (2027-2033)
14. Saudi Arabia Perfume and Fragrances Market, By Category, 2019-2033 (USD Million)
14.1. Saudi Arabia Perfume and Fragrances Market Size and Market Share By Category (2019-2026)14.2. Saudi Arabia Perfume and Fragrances Market Size and Market Share By Category (2027-2033)
15. Saudi Arabia Perfume and Fragrances Market, By Application, 2019-2033 (USD Million)
15.1. Saudi Arabia Perfume and Fragrances Market Size and Market Share By Application (2019-2026)15.2. Saudi Arabia Perfume and Fragrances Market Size and Market Share By Application (2027-2033)
16. Saudi Arabia Perfume and Fragrances Market, By Region, 2019-2033 (USD Million)
16.1. Saudi Arabia Perfume and Fragrances Market Size and Market Share By Region (2019-2026)16.2. Saudi Arabia Perfume and Fragrances Market Size and Market Share By Region (2027-2033)16.3. Western Region16.4. Northern & Central Region16.5. Eastern Region16.6. Southern Region
17. Company Profile
17.1. Abdul Samad Al Qurashi
17.1.1. Company details17.1.2. Financial outlook17.1.3. Product summary17.1.4. Recent developments
17.2. Ajmal Perfumes
17.2.1. Company details17.2.2. Financial outlook17.2.3. Product summary17.2.4. Recent developments
17.3. Al-Rehab
17.3.1. Company details17.3.2. Financial outlook17.3.3. Product summary17.3.4. Recent developments
17.4. Arabian Oud
17.4.1. Company details17.4.2. Financial outlook17.4.3. Product summary17.4.4. Recent developments
17.5. Lattafa Perfumes
17.5.1. Company details17.5.2. Financial outlook17.5.3. Product summary17.5.4. Recent developments
17.6. Nabeel Perfume
17.6.1. Company details17.6.2. Financial outlook17.6.3. Product summary17.6.4. Recent developments
17.7. Paris Gallery
17.7.1. Company details17.7.2. Financial outlook17.7.3. Product summary17.7.4. Recent developments
17.8. Rasasi Perfumes
17.8.1. Company details17.8.2. Financial outlook17.8.3. Product summary17.8.4. Recent developments
17.9. Sephora
17.9.1. Company details17.9.2. Financial outlook17.9.3. Product summary17.9.4. Recent developments
17.10. Swiss Arabian
17.10.1. Company details17.10.2. Financial outlook17.10.3. Product summary17.10.4. Recent developments
17.11. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Saudi Arabia Perfume and Fragrances Market is projected to reach USD 3.66 billion by 2033, growing at a CAGR of 6.5% during the forecast period.
Saudi Arabia Perfume and Fragrances Market grew in market size from 2022. The Market is expected to reach USD 3.66 billion by 2033, at a CAGR of 6.5% during the forecast period.
Saudi Arabia Perfume and Fragrances Market CAGR of 6.5% during the forecast period.
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Saudi Arabia Perfume and Fragrances Market size is USD 3.66 billion from 2023 to 2033.
"Saudi Arabia Perfume and Fragrances Market Segment is covered By Product, By Consumer Group, By Category, By Application."
The Middle East is anticipated to have the highest market share in the Saudi Arabia Perfume and Fragrances Market.
The key players in the market include Companies Covered Abdul Samad Al Qurashi, Ajmal Perfumes, Al-Rehab, Arabian Oud, Lattafa Perfumes, Nabeel Perfumes, Paris Gallery, Rasasi Perfumes, Sephora, Swiss Arabian, Others.
These fragrances, which come from both natural and artificial sources, are divided into several categories such as floral, woody, oriental, and fresh notes. As a reflection of a person's style and personality, perfumes are important for personal grooming.
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