The perfume market is set for steady growth, with its value projected to reach US$ 95.97 billion by 2033, a notable increase from US$ 56.66 billion in 2024. This expansion, driven by a CAGR of 6.03%, is fueled by evolving consumer preferences, rising disposable incomes, and the rapid development of e-commerce platforms.
The report notes that product and marketing innovation, along with globalization, are key factors contributing to the market's growth.
For more information, you can find the full report here: https://www.renub.com/perfume-market-p.php
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