Hong Kong Perfume Market 2024

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Forecasts highlight a favorable growth outlook for the Hong Kong perfume market, with a projected increase of USD 72.7 million and a compound annual growth rate (CAGR) close to 7.1% through 2029. Hong Kong’s perfume market is being driven by its status as a global fashion and beauty hub. The city’s affluent consumer base continues to drive demand for luxury and niche fragrances, particularly among young professionals and tourists. Additionally, increasing awareness of wellness and self-care trends, coupled with Hong Kong’s openness to international beauty trends, has spurred an interest in clean and organic fragrances, helping to shape the market’s future trajectory.

The report offers a comprehensive evaluation of the Hong Kong perfume market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type, price range, packaging and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the perfume industry.


Market Segmentation


The Hong Kong perfume market is classified into the following segments:
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: department stores, health and beauty stores, e-commerce, others

The perfume market in Hong Kong is segmented across product type, price range, packaging and distribution channel. By product type, the market is categorized into men’s perfume, women’s perfume, and unisex perfume. Price range categories include mass, and premium. Packaging segments comprise glass bottles, plastic bottles, and others (crystal, metal, etc.). Distribution channel segmentation includes department stores, health and beauty stores, e-commerce, and others.


Competitive Landscape


Within the competitive landscape, significant companies profiled in the report include The Estee Lauder Companies Inc., Shiseido Company Limited, Revlon Inc., PUIG SL, Natura & Co, LVMH Moet Hennessy Louis Vuitton SA (LVMH), L’Oreal S.A., L’Occitane International S.A., Coty Inc. and Chanel S.A.

This analysis offers a comprehensive overview of the main players in the perfume market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.


Why Buy This Report?


Obtain precise statistical data and forecasts for the Hong Kong perfume market.
Gain in-depth analysis and forecasts for the key segments of the Hong Kong 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 Hong Kong perfume market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Hong Kong 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
Hong Kong Perfume Market – Product Type Analysis
Hong Kong Perfume Market – Price Range Analysis
Hong Kong Perfume Market – Packaging Analysis
Hong Kong Perfume Market – Distribution Channel Analysis
Key Players and Market Share
– The Estee Lauder Companies Inc.
– Shiseido Company, Limited
– Revlon, Inc.
– PUIG SL
– Natura & Co
– LVMH Moet Hennessy Louis Vuitton SA (LVMH)
– L’Oreal S.A.
– L’Occitane International S.A.
– Coty Inc.

Macroeconomic Data and Forecast
Disclaimer

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


Companies Mentioned


The Estee Lauder Companies Inc.
Shiseido Company, Limited
Revlon, Inc.
PUIG SL
Natura & Co
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
L’Oreal S.A.
L’Occitane International S.A.
Coty Inc.
Chanel S.A.


Product Type

Industry Statistics

Region

Asia Pacific

Published Date

2024

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