Luxury Perfume Market to Be Shaped by Gen Z Preferences for Unique and Gender-Neutral Scents
The global Luxury Perfume Market is poised for significant growth, with its valuation expected to increase from US$ 14.9 billion in 2023 to US$ 24.3 billion by the end of 2033. This growth trajectory represents a robust compound annual growth rate (CAGR) of 5.6%. Notably, luxury perfumes accounted for a substantial 35.3% share of the global perfume market at the end of 2022,...
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