India Perfume Market Size & Outlook, 2025-2030
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India perfume market highlights
- The India perfume market generated a revenue of USD 2,354.3 million in 2024 and is expected to reach USD 4,079.1 million by 2030.
- The India market is expected to grow at a CAGR of 9.6% from 2025 to 2030.
- In terms of segment, mass was the largest revenue generating product in 2024.
- Premium is the most lucrative product segment registering the fastest growth during the forecast period.
Perfume market data book summary
| Market revenue in 2024 | USD 2,354.3 million |
| Market revenue in 2030 | USD 4,079.1 million |
| Growth rate | 9.6% (CAGR from 2025 to 2030) |
| Largest segment | Mass |
| Fastest growing segment | Premium |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mass, Premium |
| Key market players worldwide | Avon Products, Coty Inc Class A, Lvmh Moet Hennessy Louis Vuitton SE, The Estee Lauder Companies Inc Class A, Revlon, Puig Brands SA Ordinary Shares - Class B, L'Oreal SA, Shiseido Co Ltd, Givaudan SA, Kering SA |
Other key industry trends
- In terms of revenue, India accounted for 4.1% of the global perfume market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China perfume market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,079.1 million by 2030.
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Perfume Market Scope
Perfume Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Revlon | View profile | 1001-5000 | New York, New York, United States, North America | https://www.revlonanz.com |
| Avon Products | View profile | 10001+ | London, England, United Kingdom, Europe | https://www.avon.co.in |
| Puig Brands SA Ordinary Shares - Class B | View profile | - | Plaza Europa 46-48, L Hospitalet de Llobregat, Barcelona, Spain, 08902 | https://www.puig.com |
| Givaudan SA | View profile | 16263 | Chemin de la Parfumerie 5, Vernier, Switzerland, 1214 | https://www.givaudan.com |
| Lvmh Moet Hennessy Louis Vuitton SE | View profile | 192346 | 22, Avenue Montaigne, Paris, France, 75008 | https://www.lvmh.com |
| Kering SA | View profile | 49000 | 40 Rue de Sevres, Paris, France, 75007 | https://www.kering.com |
| The Estee Lauder Companies Inc Class A | View profile | 62000 | 767 Fifth Avenue, New York, NY, United States, 10153 | https://www.elcompanies.com |
| L'Oreal SA | View profile | 94605 | 41, Rue Martre, Clichy Cedex, Paris, France, 92117 | https://www.loreal.com |
| Shiseido Co Ltd | View profile | 35859 | 5-5 Ginza 7-chome, Chuo-ku, Tokyo, Japan, 104-0061 | http://www.shiseido.co.jp |
| Coty Inc Class A | View profile | 11350 | 350 Fifth Avenue, New York, NY, United States, 10118 | https://www.coty.com |
India perfume 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 perfume market will help companies and investors design strategic landscapes.
Mass was the largest segment with a revenue share of 75.03% in 2024. Horizon Databook has segmented the India perfume market based on mass, premium covering the revenue growth of each sub-segment from 2018 to 2030.
India has been one of the fastest-growing consumer markets globally, moving from an informal and unorganized market to an organized retail market, particularly in major cities and tier II cities & towns in the country.
Personal care industry is one of the rapidly growing consumer goods sectors in India with a strong potential for the U.S. companies. Perfume market in India has shown continued strong growth with increasing shelf space in retail stores and boutiques that stock both mass as well as premium perfumes from around the world.
Growing organized retail sector, emergence of a young urban population with rising disposable income in various Indian cities, growth in the number of working women, mounting aspirations, changing lifestyles, increased affordability of lifestyle-oriented and luxury products, and greater product choice and availability considering the growth of the e-commerce market in India are the main factors driving the demand for various perfumes among consumers.
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Target buyers of India perfume market databook
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Our clientele includes a mix of perfume market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India perfume market , including forecasts for subscribers. This country databook contains high-level insights into India perfume market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India Product - Perfume Market size, 2024 - 2030 (US$M)
India Perfume Market Outlook Share, 2024 & 2030 (US$M)
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