The global perfume market was valued at USD 39.6 billion in 2024. According to IMARC Group, it is projected to grow to USD 61.3 billion by 2033, with a compound annual growth rate (CAGR) of 5% from 2025 to 2033. Brazil currently leads the market, driven by shifting trends and consumer preferences, increasing disposable incomes, the rapid expansion of e-commerce and online retail, as well as rising innovation in products and marketing strategies. Additionally, the growth of emerging markets and the effects of globalization are contributing to the market's expansion. Visit us: https://www.imarcgroup.com/perfume-manufacturing-plant
The global perfume market was valued at USD 39.6 billion in 2024. According to IMARC Group, it is projected to grow to USD 61.3 billion by 2033, with a compound annual growth rate (CAGR) of 5% from 2025 to 2033. Brazil currently leads the market, driven by shifting trends and consumer preferences, increasing disposable incomes, the rapid expansion of e-commerce and online retail, as well as rising innovation in products and marketing strategies. Additionally, the growth of emerging markets and the effects of globalization are contributing to the market's expansion. Visit us: https://www.imarcgroup.com/perfume-manufacturing-plant
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