Market Insights Consumer Luxury Goods Prestige Cosmetics & Fragrances

Prestige Fragrances - Vietnam

Vietnam

In Vietnam, the revenue generated by the Prestige Fragrances market in 2024 amounts to US$52.98m.
The market is projected to experience an annual growth rate of 3.28% (CAGR 2024-2028).
When compared to other countries worldwide, in the United States generates the highest revenue in this segment, with US$3,152m in 2024.
In terms of per capita figures, each person in Vietnam generates a revenue of US$0.53 in 2024.
Vietnam's growing middle class is driving the demand for prestige fragrances, with a preference for floral and citrus scents.

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.