A market research study on the musky scent perfume market has been released by Cognitive Market Research.
Related: Vanilla Scented Perfume Market Expected to Grow by 2027
The report categorizes musky scent perfume into five segments. The five segments compare the revenue market share as well as the data from 2015 to the predicted outcome of 2027:
- The essence content above 20% is expected to grow from 10%-31%.
- The essence content from 20%-15% is expected to increase from about 12%-38%
- The essence content from 15%-8% is expected to increase from about 19%-46%.
- The essence content from 8%-4% is is expected to increase from about 21%-52%
- The essence content from 3%-1% is is expected to increase from about 28%-62%
The revenue market share for women is expected to reach 12% in 2027 compared to 6% in 2015. For men, it increases from about 7% to almost 18%.