Data from Future Market Insights indicates that the perfume market will grow at a 4% CAGR through 2031. Sales of unisex perfumes, natural perfumes and eau fraiche are expected to increase during the forecast period. Shifting consumer preferences toward natural ingredients and rapid urbanization are market drivers identified in the report.
Related Report: Global Perfume Market Value
Per Future Market Insights, eau fraiche sales are expected to increase at a 4% CAGR over the forecast period. Natural perfumes are projected to grow at a 5% CAGR and unisex perfumes are expected to grow at a 3% CAGR. The online distribution channel is expected to grow at a 4% CAGR.
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