A rapid growth trajectory is forecasted for the Mexico perfume market, with incremental gains of USD 2.2 billion and a compound annual growth rate (CAGR) nearing 11.4% over the next five years. Mexico’s perfume market is thriving, fueled by an expanding middle class and increased urbanization. Rising disposable incomes, particularly in major cities like Mexico City and Monterrey, are driving demand for both premium and mass-market perfumes. Social media and global beauty trends are also influencing consumer preferences, with younger generations seeking out international fragrance brands. The growth of e-commerce platforms is also improving access to a wider variety of perfumes, further fueling market expansion.
This report provides a thorough assessment of the Mexico perfume industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type, price range, packaging and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the perfume industry.
Market Segmentation
The Mexico perfume market is categorized 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: supermarkets and hypermarkets, discounters, warehouse clubs, grocery stores, department stores, health and beauty stores, e-commerce, others
The perfume market in Mexico is segmented across product type, price range, packaging and distribution channel. By product type, the market includes men’s perfume, women’s perfume, and unisex perfume. Price range categories include mass, and premium. Packaging segments encompass glass bottles, plastic bottles, and others (crystal, metal, etc.). Distribution channel segmentation includes supermarkets and hypermarkets, discounters, warehouse clubs, grocery stores, department stores, health and beauty stores, e-commerce, and others.
Competitive Landscape
The perfume market is characterized by dominance from key players such as Zermat Internacional S.A. De C.V., Yves Rocher sa, The Estee Lauder Companies Inc., Shiseido Company Limited, Revlon Inc., PUIG SL, Perfumes y Esencias Fraiche S.A. de C.V., Oriflame Cosmetics S.A., Natura & Co, Mary Kay Inc., LVMH Moet Hennessy Louis Vuitton SA (LVMH), L’Oreal S.A., Inter Parfums Inc., House of Fuller S. de R.L. de C.V., High Ridge Brands Co., Give Back Beauty LLC (GBB), Franslux S.A de C.V., Euroitalia S.R.L., Dolce & Gabbana S.R.L., Dana Classic Fragrances Inc. (IMG Holdings Inc.), Coty Inc., Corporacion Yanbal International, Corporacion Belcorp, Chanel S.A., Betterware de Mexico S.A.P.I. de C.V. (JAFRA) and Arabela S.A. de C.V.
This comprehensive report analyzes the performance of leading companies in the perfume sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.
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Obtain precise statistical data and forecasts for the Mexico perfume market.
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Gain deep insights into the dynamics of the Mexico perfume market.
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Anticipate the future trajectory of the Mexico perfume market with informed projections.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Mexico Perfume Market – Product Type Analysis
Mexico Perfume Market – Price Range Analysis
Mexico Perfume Market – Packaging Analysis
Mexico Perfume Market – Distribution Channel Analysis
Key Players and Market Share
– Zermat Internacional, S.A. De C.V.
– Yves Rocher sa
– The Estee Lauder Companies Inc.
– Shiseido Company, Limited
– Revlon, Inc.
– PUIG SL
– Perfumes y Esencias Fraiche, S.A. de C.V.
– Oriflame Cosmetics S.A.
– Natura & Co
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Mexico Perfume Market 2019-2029
Chart Mexico Perfume Market, Net Growth, 2019-2029
Chart Mexico Perfume Market, Growth Rates, 2019-2029
Table Mexico Perfume Market by Product Type, 2019-2029
Chart Mexico Perfume Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Mexico Perfume Market by Product Type, 2019-2029
Table Mexico Perfume Market by Price Range, 2019-2029
Chart Mexico Perfume Market by Price Range, CAGR Historic and Forecast, 2019-2029
Chart Mexico Perfume Market by Price Range, 2019-2029
Table Mexico Perfume Market by Packaging, 2019-2029
Chart Mexico Perfume Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Mexico Perfume Market by Packaging, 2019-2029
Table Mexico Perfume Market by Distribution Channel, 2019-2029
Chart Mexico Perfume Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Mexico Perfume Market by Distribution Channel, 2019-2029
Table Mexico Perfume Market Share (%), by Companies, 2019-2023
Chart Mexico Perfume Market, by Companies, 2023
Table Mexico Perfume Market Share (%), by Brands, 2019-2023
Chart Mexico Perfume Market, by Brands, 2023
Table Mexico – Population (Millions) and Forecast
Table Mexico – Consumer Price Index (CPI) and Forecast
Table Mexico – Gross Domestic Product and Forecast
Table Mexico Perfume Market: Spend as a Proportion of GDP (%)
Table Mexico Perfume Market: Consumption per Capita (Population)
Companies Mentioned
Zermat Internacional, S.A. De C.V.
Yves Rocher sa
The Estee Lauder Companies Inc.
Shiseido Company, Limited
Revlon, Inc.
PUIG SL
Perfumes y Esencias Fraiche, S.A. de C.V.
Oriflame Cosmetics S.A.
Natura & Co
Mary Kay Inc.
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
L’Oreal S.A.
Inter Parfums, Inc.
House of Fuller, S. de R.L. de C.V.
High Ridge Brands Co.
Give Back Beauty LLC (GBB)
Franslux S.A de C.V.
Euroitalia S.R.L.
Dolce & Gabbana S.R.L.
Dana Classic Fragrances, Inc. (IMG Holdings Inc.)
Coty Inc.
Corporacion Yanbal International
Corporacion Belcorp
Chanel S.A.
Betterware de Mexico, S.A.P.I. de C.V. (JAFRA)
Arabela S.A. de C.V.