
The global perfumes and fragrances market is on track to reach $2,858.8 million in 2028.
The global perfumes and fragrances market is estimated to reach $2,858.8 million in 2028, with a CAGR of 5.8% during the 2018-2028 forecast period, according to a recent report.
As of 2022, the market was estimated at $2,038.49 million.
Key industry players:
- Coty
- Estée Lauder Companies
- Gianni Versace
- L'Oreal
- Avon Products
- Shiseido
- Chanel
- Revlon




!['[L]arger/international customers require compliance to foreign standards such as Leaping Bunny, EU standards compliance, etc.,' says Cohere Beauty's John Nolfi. '[T]he trend is more about being able to support 'clean' formulations with some data.'](https://img.perfumerflavorist.com/mindful/allured/workspaces/default/uploads/2026/08/cg-productionassembly.StVSo2THhj.jpg?auto=format%2Ccompress&fit=crop&h=191&q=70&w=340)





