Market Insights Consumer Luxury Goods Prestige Cosmetics & Fragrances

Prestige Fragrances - China

China

In China, the revenue generated in the Prestige Fragrances market is projected to reach €1.25bn in 2024.
It is anticipated that the market will experience an annual growth rate of 5.18% (CAGR 2024-2028).
Comparatively, in the United States generates the highest revenue in this segment, with €2,881m in 2024.
In terms of per person revenues, China's figure stands at €0.87 in 2024.
China's growing middle class and increasing disposable income have fueled a surge in demand for prestige fragrances.

Key regions: China, France, South Korea, Russia, United States

Marché

Région

Comparaison de régions

Monnaie

Methodology

The Prestige Fragrances market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Prestige Fragrances industry.