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This statistic represents the estimated size of the global perfume market from 2012 to 2021. In 2016, the global perfume market was estimated at approximately **** billion U.S. dollars.

Global Perfume Market

Perfumes are made from a blend of essential oils or aromatic components, fixatives, and solvents and are generally used to impart a pleasant scent to the human body, animals, food, objects, and living spaces. The global perfume market can be divided into three categories such as perfume, deodorant, and other products.

Personal care ranks second in market share among fragranced products, followed by household products. In 2013, the leading global perfume and cosmetic company was Procter & Gamble, generating revenue of billion euros.

North America is the largest global market in terms of fragranced products. In 2015, the top women's fragrance brand in the United States was Elizabeth Taylor's White Diamonds. The brand generated approximately **** million U.S. dollars, nearly double the second leading brand, Viva La Juicy.

The increase in disposable income in developing countries such as India or China is expected to boost the global market as it enables consumers to spend more on luxury products, among which perfumes hold a key place.