Market Insights Consumer Luxury Goods Prestige Cosmetics & Fragrances

Prestige Fragrances - G7

In the year 2024, the revenue in the Prestige Fragrances market for the country in G7 amounted to US$7.69bn.
It is projected that this market will experience an annual growth rate of 3.13% from 2024 to 2028 (CAGR 2024-2028).
When comparing this segment globally, in the United States leads the way with a revenue of US$3,152m in 2024.
To put this into perspective, in 2024, the per person revenue generated in the Prestige Fragrances market for the country in G7 is approximately US$9.88.
In the G7 country of France, the market for prestige fragrances is dominated by luxury brands such as Chanel and Dior.

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

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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.