Asia Pacific Perfume & Deodorants Market Forecast 2026
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Transcript of Asia Pacific Perfume & Deodorants Market Forecast 2026
MARKET INTELLIGENCE . CONSULTING
www.techsciresearch.com
2016 – 2026
ASIA PACIFIC PERFUMES AND DEODORANTS MARKET
FORECAST & OPPORTUNITIES
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Scope of ReportProduct of Interest (POI): Perfumes and Deodorants
Review Period
2016 – 2019
Base Year
2020
Estimated Year
2021
Forecast Period
2022 – 2026
Year Range
Perfumes and deodorants are primarily designed to mask the body odor caused by bacterial perspiration. It gives a pleasant smell to aperson and is assumed to showcase high social stature of person among individuals.Deodorants: Deodorants are mixture of essential oils/aroma compounds (10%-15%) and solvents (water and alcohol) primarily used tomask body odour. In our scope of study, we have included deodorant sprays, roll-ons, pocket deodorants, non-gas deodorant sprays anddeodorant sticks.Perfumes: Perfumes are mixture of essential oils/aroma compounds and solvents (water and concentrated alcohol), used to give a pleasantscent to a person’s body. Concentration of aromatic compounds in perfumes is usually higher than that of deodorants.
Market Segmentation
COUNTRY
• China
• India
• Japan
• South Korea
• Australia
• Indonesia
• Thailand
• Vietnam
• Malaysia
• Singapore
TYPE
• Perfumes
• Deodorants
SALES CHANNEL
• Traditional Stores
• Supermarket/
Hypermarket
• Specialty Stores
• Online
• Others
PACKAGING
• Below 50 ml
• 50-100 ml
• 101-150 ml
• 151-200 ml
• Above 200 ml
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S. No. Contents
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on Asia Pacific Perfumes and Deodorants Market
5. Voice of Customer
5.1. Factors Influencing Purchase Decision
5.2. Brand Recall
5.3. Brand Satisfaction Level
6. Asia Pacific Perfumes and Deodorants Market Outlook, 2016-2026F
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type (Perfumes and Deodorants)
6.2.1.1. By Perfume (Eau de Cologne, Eau de Parfum and Eau de Toilette)
6.2.1.2. By Deodorant (Gas and Non-Gas)
6.2.2.By Packaging (Below 50 ml, 50-100 ml, 101-150 ml, 151-200 ml and Above 200 ml)
6.2.3.By Sales Channel (Traditional Stores, Supermarket/ Hypermarket, Specialty Stores, Online, and Others)
6.2.4. By Company
6.2.5.By Country (India, China, Japan, South Korea, Australia, Malaysia, Vietnam, Singapore, Indonesia, Thailand)
6.3. Product Market Map
7. India Perfumes and Deodorants Market Outlook, 2016-2026F
Table of Contents
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7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type (Perfumes and Deodorants)
7.2.1.1. By Perfume (Eau de Cologne, Eau de Parfum and Eau de Toilette)
7.2.1.2. By Deodorant (Gas and Non-Gas)
7.3. By Sales Channel
8. China Perfumes and Deodorants Market Outlook, 2016-2026F
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type (Perfumes and Deodorants)
8.2.1.1. By Perfume (Eau de Cologne, Eau de Parfum and Eau de Toilette)
8.2.1.2. By Deodorant (Gas and Non-Gas)
8.3. By Sales Channel
9. Japan Perfumes and Deodorants Market Outlook, 2016-2026F
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type (Perfumes and Deodorants)
9.2.1.1. By Perfume (Eau de Cologne, Eau de Parfum and Eau de Toilette)
9.2.1.2. By Deodorant (Gas and Non-Gas)
9.3. By Sales Channel
Table of Contents
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10. South Korea Perfumes and Deodorants Market Outlook, 2016-2026F
10.1. Market Size & Forecast
10.1.1 By Value
10.2. Market Share & Forecast
10.2.1 By Type (Perfumes and Deodorants)
10.2.1.1. By Perfume (Eau de Cologne, Eau de Parfum and Eau de Toilette)
10.2.1.2. By Deodorant (Gas and Non-Gas)
10.3. By Sales Channel
11. Australia Perfumes and Deodorants Market Outlook, 2016-2026F
11.1. Market Size & Forecast
11.1.1 By Value
11.2. Market Share & Forecast
11.2.1 By Type (Perfumes and Deodorants)
11.2.1.1. By Perfume (Eau de Cologne, Eau de Parfum and Eau de Toilette)
11.2.1.2. By Deodorant (Gas and Non-Gas)
11.3. By Sales Channel
12. Vietnam Perfumes and Deodorants Market Outlook, 2016-2026F
12.1. Market Size & Forecast
12.1.1 By Value
12.2. Market Share & Forecast
12.2.1 By Type (Perfumes and Deodorants)
12.2.1.1. By Perfume (Eau de Cologne, Eau de Parfum and Eau de Toilette)
12.2.1.2. By Deodorant (Gas and Non-Gas)
Table of Contents
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12.3 By Sales Channel
13. Malaysia Perfumes and Deodorants Market Outlook, 2016-2026F
13.1. Market Size & Forecast
13.1.1 By Value
13.2. Market Share & Forecast
13.2.1 By Type (Perfumes and Deodorants)
13.2.1.1. By Perfume (Eau de Cologne, Eau de Parfum and Eau de Toilette)
13.2.1.2. By Deodorant (Gas and Non-Gas)
13.3. By Sales Channel
14. Indonesia Perfumes and Deodorants Market Outlook, 2016-2026F
14.1. Market Size & Forecast
14.1.1 By Value
14.2. Market Share & Forecast
14.2.1 By Type (Perfumes and Deodorants)
14.2.1.1. By Perfume (Eau de Cologne, Eau de Parfum and Eau de Toilette)
14.2.1.2. By Deodorant (Gas and Non-Gas)
14.3. By Sales Channel
15. Singapore Perfumes and Deodorants Market Outlook, 2016-2026F
15.1. Market Size & Forecast
15.1.1 By Value
15.2. Market Share & Forecast
15.2.1 By Type (Perfumes and Deodorants)
15.2.1.1. By Perfume (Eau de Cologne, Eau de Parfum and Eau de Toilette)
Table of Contents
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15.2.1.2. By Deodorant (Gas and Non-Gas)
15.3. By Sales Channel
16. Thailand Perfumes and Deodorants Market Outlook, 2016-2026F
16.1. Market Size & Forecast
16.1.1 By Value
16.2. Market Share & Forecast
16.2.1 By Type (Perfumes and Deodorants)
16.2.1.1. By Perfume (Eau de Cologne, Eau de Parfum and Eau de Toilette)
16.2.1.2. By Deodorant (Gas and Non-Gas)
16.3. By Sales Channel
17. Market Dynamics
17.1. Drivers
17.2. Challenges
18. Market Trends & Developments
19. Competitive Landscape
20. Strategic Recommendations
21. About Us & Disclaimer
Table of Contents
RESEARCH METHODOLOGY
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Research Methodology
✓ Identifying Key Opinion
Leaders
✓ Questionnaire Design
✓ In-depth Interviews
Data Collection
Developing List of Respondents
Formulating Questionnaire
Market Profiling
Data Validation
Data Analysis
In-depth secondary research was conducted to
determine top players in the Asia-Pacific perfumes and deodorants market, overall market size and segmental market size.
In order to conduct industry experts’
interviews, TechSci formulated a detailed
discussion guide.
List of industry players and industry
specialists was developed.
TechSci conducted interviews with
industry experts and industry players for data collection and
verification.
Data obtained as a result of primary and secondary research was
validated through rigorous
triangulation.
The data was scrutinized using MS-Excel, statistical
tools and internal proprietary database to obtain qualitative and
quantitative insights about the Asia-Pacific perfumes and deodorants market.
Data Collection
Data Filter& Analysis
Research &Intelligence
ActionableInsights
BusinessSolution
Primary Research Desk Research Company Analysis
✓ Recent Developments
✓ Market Changing
Aspects/Dynamics
✓ Government Policies
✓ Conclusion
✓ Market Participants
✓ Key Strengths
✓ LinkedIn✓ TechSci Internal
Database
✓ Factiva✓ Hoovers
Paid Sources
✓ Company Websites✓ Company Annual
Reports✓ White Paper Study✓ Financial Reports✓ Investor
Presentations✓ Regulatory Body✓ Associations, etc.
Secondary Research
Primary Research
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Research Methodology
Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of Asia-Pacific perfumes and deodorants market. The team
has analyzed the outlook of various segments of this market, while considering the major influencing factors such as increasing consumer
inclination towards compact perfumes and deodorants and growing adoption of perfumes and deodorants, among others. The study includes
market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in Asia-Pacific
perfumes and deodorants market.
Methodology Followed for Calculation of Market Size:
• Market Size By Value: Market size, in terms of value, for the year 2020 was calculated based on information collected through exhaustive
secondary research and primary surveys, with various key opinion leaders/stakeholders, such as perfumes and deodorants companies market
influencers & end users, industry experts, and other industry participants.
• The team interviewed more than 15 – 20 perfumes and deodorants companies, 45 – 50 channel partners, 80 – 100 end users, and 15 – 20
industry experts and other value chain stakeholders in Asia-Pacific perfumes and deodorants market to obtain the overall market size for
2016-2020, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to
arrive at the market size data during 2016-2020.
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Research Methodology
• Respondents were asked about the current and future market growth rates, market shares by type, by packaging, by sales channel, by
country and by company. Removing the outlier responses, the geometric mean of growth estimates and supplier wise revenue shares
generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various
segments were further triangulated from other stakeholders.
Methodology Followed for Calculation of Market Shares:
• Market shares shares by type, by packaging, by sales channel, by country and by company were calculated based on the responses received
through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from
various segments of Asia-Pacific perfumes and deodorants market. The final shares were calculated by taking the geometric mean of the
responses gathered from key opinion leaders after eliminating the outliers.
Methodology Followed for Forecasting:
• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in
SPSS/Tableau Software.
• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast Asia-Pacific
perfumes and deodorants market, TechSci Research used various forecast techniques such as:
✓ Moving Average
✓ Time Series Analysis
✓ Regression Analysis
✓ Econometric and Judgmental Analysis
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Research Methodology
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also
used the impact analysis during short, medium and long term periods to estimate the demand and to reach accurate market numbers. It should
be noted that the figures compiled are only for the organized market including market share data.
Partial List of Companies Interviewed Key Secondary Sources
▪ Revlon
▪ Firmenich International SA
▪ Estée Lauder Asia Pacific Limited
▪ L'Oreal Group
▪ Christian Dior Couture
▪ Giorgio Armani Hong Kong Limited
▪ Unilever Asia Private Ltd.
▪ Procter & Gamble Asia
▪ Church & Dwight, Co., Inc.
▪ Godrej Group
▪ World Bank
▪ TechSci Research Proprietary Database & Knowledge
Repository
▪ Company Annual Reports
▪ Industry Magazines
▪ Industry Reports
▪ News Dailies
▪ Credible Paid Databases
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Industry Brief
According to TechSci Research report, “Asia Pacific Perfume & Deodorants Market By Type (Perfumes {Eau de Cologne, Eau de Parfum and Eau de Toilette}
and Deodorants {Gas and Non-Gas}) By Packaging (Below 50 ml, 50-100 ml, 101-150 ml, 151-200 ml and Above 200 ml) By Sales Channel (Traditional Stores,
Supermarket/ Hypermarket, Specialty Stores, Online, and Others) By Country, Competition Forecast & Opportunities, 2026”, the Asia Pacific perfume &
deodorants market is projected to grow with an impressive double digit CAGR in the forecast period, 2022-2026. The market growth can be attributed to the
increase in demand of fragrant products to maintain freshness and hygiene of the human body by the working population of the region. The premium and
exquisite products are flooding the regional market thereby driving the growth of the market in the upcoming five years. Top players in the market are focusing
on the end user’s demand and thus creating perfumes and deodorants based on their preferences. To target the male consumers, the market players are
providing the products that are more woody, citrusy, and amber-oriented whereas female consumers are more inclined and thus provided with floral, sweet, and
oriental notes. This availability of the wide range of the products is a major factor that is driving the growth of the Asia Pacific perfume & deodorants market in
the next five years.
Moreover, the market players are actively implementing the scent marketing strategy to influence the consumers’ purchasing decision. This factor will majorly
enhance the growth of the Asia Pacific perfume & deodorants market in the forecast period. Based on type the perfume and deodorants market are categorized
into eau de cologne, eau de parfum and eau de toilette as different types of perfumes available in the market whereas gas and non-gas as the different type of
deodorants. Perfumes are differentiated by their area of uses; eau de cologne are majorly used by the male consumers, where as eau de parfum is female
perfume, and eau de toilette is the perfume category that is majorly used for the room and toilet fresheners. Deodorants are differentiated into two types that is
gas and no gas which focusses on the authenticity and the value of the product by defining its gaseous nature that may lead to differentiating the products based
on the quality.
The Asia Pacific perfume & deodorants market is segmented by type, packaging, sales channel, country distribution, and competitional analysis. Based on type,
the market is categorized into perfume and deodorants, that are utilized as the fragrant products. Deodorants are expected to hold the larger market share in the
upcoming five years owing to the fact that deodorants are cost effective as compared to the perfumes. They are marketed as the mass-product, and recent
development of the herbal and non-skin irritant products is driving the market dominance in the future five years. Moreover, countries like India and China are
focused over anti-bacterial deodorants thus targeting a broader segment of the consumers.
Perfumes are expected to show a faster growth in the market segment, the market segment growth can be attributed to the rising popularity of the exclusive and
luxury brands. The population with the available financial resources and preference to the luxury brands are driving the market growth. The advancement of the
products took place when the products with the addition of pheromones (hormones) in the perfume were introduced in the market. Both male and female
consumers are inclined toward the product for its promise to attract the opposite sex if used.
Some of the major competitors in the market are Revlon, Firmenich International SA, Estée Lauder Asia Pacific Limited, L'Oreal Group, Christian Dior Couture,
Giorgio Armani Hong Kong Limited, Unilever Asia Private Ltd., Procter & Gamble Asia, Church & Dwight, Co., Inc., Godrej Group, among others. Top players
are actively involved in the research and development of better, herbal, less skin irritant product, that satisfies the consumer needs along with their preferences.
Other growth strategies include partnerships with the top players of the industry thus establishing a growing market with new brand names.
“Young and working population along with the disposable income available with this set of population in India is driving the market and thereby proving India as
the most promising country for the future of the market growth. Also, the climatic affects like the hot and humid climate in almost all south Asian countries are
fueling the need of perfumes and deodorants. In the next five years, we are expecting India to outgrow the Australian market that held the largest market share
by far in last five years ,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Asia Pacific management consulting firm.
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Sample Data - Snapshot
5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00 13.00 14.00 15.00
2016 2020 2021E 2026F
By Value (USD Million)
Asia-Pacific Perfumes and Deodorants Market Size, By Value (USD Million), 2016–2026F
CAGR By Value
XX%CAGR By Value
YY%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
2016
2017
2018
2019
2020
2021E
2022F
2023F
2024F
2025F
2026F
Below 50 ml 50-100 ml 101-150 ml 151-200 ml Above 200 ml
Asia-Pacific Perfumes and Deodorants Market Share, By Packaging, By Value, 2016–2026F
India Perfumes and Deodorants Market Share, By Type, By Value, 2016–2026F
55%55%55%55%55%55%55%55%55%55%55%
45%45%45%45%45%45%45%45%45%45%45%
2016
2017
2018
2019
2020
2021E
2022F
2023F
2024F
2025F
2026F
Perfumes Deodorants
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Report Name: ASIA PACIFIC PERFUMES AND DEODORANTS MARKETFORECAST & OPPORTUNITIES
2016 – 2026
About Us & Disclaimer
TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in
number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The
proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’
model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich
evaluation of the opportunities available in the market.
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The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely,accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considersreliable and firsthand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors oromissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of thisreport. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative marketsize and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.
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