Organic Perfumes Market: Business Growth Analysis & Key Market Driver
Posted by srsuri on April 26th, 2019
Organic perfume is a mixture of safe fragrant oils or pure aroma ingredients that are free from solvents, petrochemicals, dyes, toxic chemicals, alcohol, fertilizers, and pesticides. Organic perfumes are certified by the USDA certification body and vegan certified by PETA. Organic perfume is always manufactured by natural ingredients. This perfume is ideal for a person who is allergic toward different synthetic chemical compounds. Organic perfumes are completely natural products processed without chemicals. This product has gained a fastest growth in the perfume industry due to the rise in consumer awareness about its benefits. This perfume is ideal for sensitive skin due to its hypoallergenic property. Organic perfumes help prevent skin problems such as skin inflammation, itching, rashes, and discoloring. Additionally, these perfumes act as a natural skin care product. The usage of organic perfume is a recent practice as compared to conventional perfume in the beauty product industry. Therefore, demand for organic perfume is anticipated to increase during the forecast period.
The global organic perfumes market can be segmented based on product, packaging, process, distribution, application, and region. Organic perfumes are safe to use and emit a satisfactory and pleasant odor. Based on product, the market can be segregated into floral, citrus, woody, oriental, fruity, green, oceanic, spicy, and others. In terms of packaging, the organic perfumes market can be classified into glass bottle packaging, stainless packaging, and wooden material packaging.
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Based on process, the market can be segregated into handmade perfumes and processed perfumes. In terms of distribution channel, the organic perfumes market can be segmented into online distribution channel and offline distribution channel. The offline distribution channel segment can be further sub-segmented into hypermarket, supermarket, retail stores, and ecommerce distributors. Based on application, the market can be classified into –skincare, car, residential, and commercial.
In terms of region, the global organic perfumes market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Europe and the Middle East held a major share of the market, in terms of demand, due to high awareness among the population of these regions about using organic products and preference toward ecofriendly skincare products. Additionally, in the Middle East region, there is a strong chain of distribution channel that boosts to gain huge market over here. Asia Pacific is also a leading market, as there is a significant trend for using perfume in the region. Additionally, it has dominance of perfume market that enhances the demand for organic perfume by consumer in the market. The usage of organic perfumes has been increasing over the last few years, as the demand for perfumes is rising in the region due to the products are free of chemical components. This can enhance investor business due to demand of organic perfume in this region. The market in South America is witnessing an expansion due to the rise in the usage of aromatic products in the region.
The drivers for the business of organic perfumes are increasing awareness for organic products, safe to use, hypoallergenic, ecofriendly in nature, and promotion of chemical-free products by regional bodies. However, it has constraints such as high prices, low purchasing power, and a lack of awareness about organic products. But, it is also growing opportunities for improving distribution channel, Innovation of organic perfumes by the new packaging design and targeting cosmetic sector to gain better business.
Key players operating in the global organic perfumes are Alpha Aromatics, Tsi-La Organics, Symrise Providence Perfume Co., Intuiscent LLC, Global Essence, Christi Meshell and Matriarch, LLC, Amacyn Corporation Pty Ltd, Moksha Lifestyle Products, The Lebermuth Company, Nantucket Natural Oils, and Strange Invisible Perfumes.Also See: Organic Perfumes, Organic Perfume, Distribution Channel, Perfumes Market, Perfumes, Perfume, Organic
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