Azerbaijan Perfume Market 2024

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Projections for the Azerbaijan perfume market suggest a promising growth trajectory, with an anticipated rise of USD 31.4 million and a compound annual growth rate (CAGR) nearing 6.6% over the next five years. Azerbaijan’s perfume market is driven by the growing urbanization and increased disposable incomes in its capital, Baku. As more consumers become exposed to international luxury brands, there is rising demand for high-quality and designer fragrances. Additionally, the country’s growing middle class, coupled with a burgeoning interest in personal grooming, is further propelling the growth of the perfume market.

This report presents a detailed overview of the Azerbaijan perfume industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, price range, packaging and distribution channel. This detailed analysis supports the identification of growth opportunities within the perfume industry.


Market Segmentation


The Azerbaijan perfume market is structured as follows:
Product type: men’s perfume, women’s perfume, unisex perfume
Price range: mass, premium
Packaging: glass bottles, plastic bottles, others (crystal, metal, etc.)
Distribution channel: supermarkets and hypermarkets, health and beauty stores, e-commerce, others

The Azerbaijan market for perfume is divided based on product type, price range, packaging and distribution channel. The categorization of the market by product type includes men’s perfume, women’s perfume, and unisex perfume. Price range categories include mass, and premium. Packaging segments consist of glass bottles, plastic bottles, and others (crystal, metal, etc.). Distribution channel segmentation includes supermarkets and hypermarkets, health and beauty stores, e-commerce, and others.


Competitive Landscape


The perfume market is highly competitive, with key companies profiled in this report, including The Procter & Gamble Company (P&G), The Estee Lauder Companies Inc., Revlon Inc., Rasasi Perfumes Industry LLC, PUIG SL, Perrigo Company PLC, Oriflame Cosmetics S.A., Maurer & Wirtz GmbH & Co. KG, LVMH Moet Hennessy Louis Vuitton SA (LVMH), L’Oreal S.A., Inter Parfums Inc., Hunca Kozmetik Sanayii AS, Gr. Sarantis S.A., Faberlic OAO, Evyap Sabun Yag Gliserin San ve Tic A.S., Euroitalia S.R.L., Dolce & Gabbana S.R.L., D’Laron Perfumes & Cosmetics MMC, Coty Inc., Chanel S.A., Bentley Motors Limited, Atak Cosmetics and Angelini Group.

The report provides a detailed assessment of prominent companies within the perfume market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.


Why Buy This Report?


Obtain precise statistical data and forecasts for the Azerbaijan perfume market.
Gain in-depth analysis and forecasts for the key segments of the Azerbaijan perfume market: product type, price range, packaging and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Azerbaijan perfume market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Azerbaijan perfume market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.


Table of Contents


TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Azerbaijan Perfume Market – Product Type Analysis
Azerbaijan Perfume Market – Price Range Analysis
Azerbaijan Perfume Market – Packaging Analysis
Azerbaijan Perfume Market – Distribution Channel Analysis
Key Players and Market Share
– The Procter & Gamble Company (P&G)
– The Estee Lauder Companies Inc.
– Revlon, Inc.
– Rasasi Perfumes Industry LLC
– PUIG SL
– Perrigo Company PLC
– Oriflame Cosmetics S.A.
– Maurer & Wirtz GmbH & Co. KG
– LVMH Moet Hennessy Louis Vuitton SA (LVMH)

Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Azerbaijan Perfume Market 2019-2029
Chart Azerbaijan Perfume Market, Net Growth, 2019-2029
Chart Azerbaijan Perfume Market, Growth Rates, 2019-2029
Table Azerbaijan Perfume Market by Product Type, 2019-2029
Chart Azerbaijan Perfume Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Azerbaijan Perfume Market by Product Type, 2019-2029
Table Azerbaijan Perfume Market by Price Range, 2019-2029
Chart Azerbaijan Perfume Market by Price Range, CAGR Historic and Forecast, 2019-2029
Chart Azerbaijan Perfume Market by Price Range, 2019-2029
Table Azerbaijan Perfume Market by Packaging, 2019-2029
Chart Azerbaijan Perfume Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Azerbaijan Perfume Market by Packaging, 2019-2029
Table Azerbaijan Perfume Market by Distribution Channel, 2019-2029
Chart Azerbaijan Perfume Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Azerbaijan Perfume Market by Distribution Channel, 2019-2029
Table Azerbaijan Perfume Market Share (%), by Companies, 2019-2023
Chart Azerbaijan Perfume Market, by Companies, 2023
Table Azerbaijan Perfume Market Share (%), by Brands, 2019-2023
Chart Azerbaijan Perfume Market, by Brands, 2023
Table Azerbaijan – Population (Millions) and Forecast
Table Azerbaijan – Consumer Price Index (CPI) and Forecast
Table Azerbaijan – Gross Domestic Product and Forecast
Table Azerbaijan Perfume Market: Spend as a Proportion of GDP (%)
Table Azerbaijan Perfume Market: Consumption per Capita (Population)


Companies Mentioned


The Procter & Gamble Company (P&G)
The Estee Lauder Companies Inc.
Revlon, Inc.
Rasasi Perfumes Industry LLC
PUIG SL
Perrigo Company PLC
Oriflame Cosmetics S.A.
Maurer & Wirtz GmbH & Co. KG
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
L’Oreal S.A.
Inter Parfums, Inc.
Hunca Kozmetik Sanayii AS
Gr. Sarantis S.A.
Faberlic OAO
Evyap Sabun Yag Gliserin San ve Tic A.S.
Euroitalia S.R.L.
Dolce & Gabbana S.R.L.
D’Laron Perfumes & Cosmetics MMC
Coty Inc.
Chanel S.A.
Bentley Motors Limited
Atak Cosmetics
Angelini Group


Product Type

Industry Statistics

Region

Asia Pacific

Published Date

2024

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