Latin America Fragrance Market Size & Outlook, 2018-2025

The fragrance market in Latin America is expected to reach a projected revenue of US$ 4,458.3 million by 2025. A compound annual growth rate of 2.7% is expected of Latin America fragrance market from 2019 to 2025.
Revenue, 2018 (US$M)
$3,704.7
Forecast, 2025 (US$M)
$4,458.3
CAGR, 2019 - 2025
2.7%
Report Coverage
Latin America

Latin America fragrance market highlights

  • The Latin America fragrance market generated a revenue of USD 3,704.7 million in 2018.
  • The market is expected to grow at a CAGR of 2.7% from 2019 to 2025.
  • In terms of segment, deodrants was the largest revenue generating product in 2018.
  • Perfumes is the most lucrative product segment registering the fastest growth during the forecast period.


Latin America data book summary

Market revenue in 2018USD 3,704.7 million
Market revenue in 2025USD 4,458.3 million
Growth rate2.7% (CAGR from 2018 to 2025)
Largest segmentDeodrants
Fastest growing segmentPerfumes
Historical data covered2015 - 2017
Base year for estimation2018
Forecast period covered2019 - 2025
Quantitative unitsRevenue in USD million
Market segmentationDeodrants, Perfumes


Other key industry trends

  • In terms of revenue, Latin America region accounted for 5.2% of the global fragrance market in 2018.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2025.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 25,756.3 million by 2025.

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Fragrance Market Companies

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Latin America fragrance market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fragrance market will help companies and investors design strategic landscapes.


Deodrants was the largest segment with a revenue share of 47.34% in 2018. Horizon Databook has segmented the Latin America fragrance market based on deodrants, perfumes covering the revenue growth of each sub-segment from 2015 to 2025.


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  • Our clientele includes a mix of fragrance market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America fragrance market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America fragrance market from 2015 to 2025, including revenue numbers, major trends, and company profiles.

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Latin America Fragrance Market Share, 2018 & 2025 (US$M)

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