Shopping, Retail News & Press Release Distribution Services
GroupWeb News Network
Submit RSS Feed
Submit Press Release
Unlimited Press Release Distribution
News Media List
MSNBC Retail News
New York Times
Retail Technology Review
Special Retail Report
Women's Wear Daily
RSS News Feed
Get your news feed listed here as other news media shown above!
Submit RSS News Feed
Retail, Shopping News Releases
Search retail news:
GCC Perfume Market Overview, Trends, Opportunities, Growth and Forecast by 2024
, July 10, 2019 ) According to the latest report by IMARC Group, titled “
GCC Perfume Market Research Report and Forecast 2019-2024
”, the GCC perfume market size reached US$ 2.44 Billion in 2018. Perfume is a fragrant product which is prepared from a heterogeneous mixture of fragrant essential oils, aroma compounds, and fixatives and solvents. Usually available in a liquid form, it is widely used to impart a pleasant aroma to the user’s body. Along with this, perfumes aid in improving mood and reducing stress. The perfume market in the GCC region has been flourishing over the past few years. The natives of the region have been traditionally using perfumes and incense made from Agarwood, a resin-embedded wood, for its distinctive fragrance. It forms a dominant ingredient in various locally manufactured perfumes.
Get a PDF Sample for more detailed market insights:
GCC Perfume Market Trends:
Rising disposable income is one of the key factors driving the market in the region. With rapid urbanization and increasing western influences, consumers in the region are now inclining toward premium quality products. Apart from the already preferred perfumes with amber, oud, bukhoor and rose, manufacturers are constantly investing to bring innovative fragrances in the market which are infused with natural oils like lavender or mint. This, along with an increase in the expatriate population in the region, has aided the manufacturers to expand their consumer base. Moreover, the thriving tourism industry in the GCC region has triggered the surge in the duty-free sales which is spurring the growth of the export market. A flourishing e-commerce industry along with increasing lifestyle expenditure is also significantly contributing to the market growth. Additionally, keeping with the Islamic belief of the majority of the population in the region, international manufacturers are now launching products which are produced in accordance with halal regulations, which is creating a positive outlook for the market. On account of the aforementioned factors, the market is anticipated to reach a value of nearly US$ 3.87 Billion by 2024, expanding at a CAGR of around 8.9% during 2019-2024.
Browse full report with detailed TOC and list of figures and tables:
Market Breakup by Price:
1. Premium Products
2. Mass Products
On the basis of the price, premium products exhibit a clear dominance in the market, followed by mass products.
Market Breakup by Gender:
Based on the gender, the market has been divided into unisex, female and male segments, wherein unisex represents the most popular segment.
Market Breakup by Product:
On the basis of the product type, the market has been bifurcated into Arabic and French perfumes. Amongst these, Arabic perfumes account for the majority of the total market share.
Market Breakup by Region:
1. Saudi Arabia
On the geographical front, Saudi Arabia holds the leading position in the market. Other major regions include the UAE and Kuwait.
The competitive landscape of the market has also been analyzed with the detailed profiles of the key players operating in the market.
Browse similar reports by IMARC Group:
Cigarette Lighter Market Research Report and Forecast:
Jojoba Oil Market Research Report and Forecast:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
IMARC Services Pvt. Ltd.
Retail News by Sector
Sign-Up To Our Free Newsletter!
Shopping and Retail NewsWire
Retail RSS Marketpalce
Target Press Releases
News releases from Target. Second retail giant in America.
Free Food & Beverage Magazines and Downloads
Get free publications including magazines, white papers about the food and beverage industry.
Submit RSS news feed on Retail, Shopping
Have your feed on news, products or services displayed under this marketpalce. The feed also displayed on a full page and updated daily.
Add RSS feed Now!
Shopping-Newswire is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.
For unlimited press release distribution for $99 per month or $999 per year, call (281) 645-4086 or start posting your press releases online at
Copyright 2009 GroupWeb Media LLC
GroupWeb Media Network
Food Beverage News
- Newswire and Press Release service of GroupWeb Media LLC