Global Solid Perfume Market Forecast, Trend Analysis And Competition Tracking - Global Market insights 2015 to 2031

Solid Perfume Market Overview:

“The Solid Perfume Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.

Solid perfume is a handheld container of a fragrance that does not require a top or a bottom. The container is made from metal and has two pieces, which hold the solid perfume.

These containers are very popular because they are easy to carry around and do not leak.

The advantages of solid perfume involve the benefits of using a product that is not as messy and requires less time to apply.

The solid perfume does not come with the risk of spilling and having the ingredients leak onto clothing or linens. The application process can be taken care of with minimal effort, as it does not require any water or other accessories.

Solid perfume is also better for those who have sensitive skin because it has fewer ingredients that may result in an allergic reaction.

Factors That Have A Positive Impact On The Target Market

Solid perfume provides a convenient option to carry without paying too much attention to its spillage, so it is the most significant factor that positively impacts the market.

Spraying liquid perfume will cause it to be wasted in the form of mist during use, while the waste of solid perfume is the least.

In addition, solid perfumes do not contain alcohol, which can prevent any irritation to the skin, so the demand for solid perfumes in the market is being promoted, owing to their easy availability and a wide variety of local and international brands.

The solid perfume is small in size and can be easily carried in bags and zipper bags. In addition, they can also be placed in a pocket.

The perfume package is made of metal, which will not let the solid perfume flow out of the package and last longer. Because of its packaging, the fragrance is stronger, and the solid perfume can last for 14 months.

The solid perfume is compact and concealed and can be used in public. Therefore, it is a good choice for customers who often use perfume.

List Of Top Countries In the Fragrance Industry

1. United States
2. Brazil
3. Latin America
4. France
5. UK
6. Russia

Solid Perfume Market Restraints

Solid perfume is a solid mix of natural oils and butter. These oils may be scented with a variety of fragrances to create a unique scent that will last all day. The disadvantage of using solid scent is that it does not have the versatility of a spray or a roller-ball. It cannot be reapplied without removing previous layers, leaving behind a wax residue on the skin.

COVID-19 Impact Analysis on the Solid Perfume Market

COVID-19 not only has a negative impact on personal care and cosmetics around the world, but its impact has also brought new opportunities for many private participants to appear in the market to meet the expanding demand.

In addition, COVID-19 has caused a major shift in consumers, as customers in developing countries are no longer brand loyal, but try new brands in a low inventory environment.

The COVID-19 pandemic may accelerate trends that are already shaping markets, such as the rise of the middle-class population globally and the use of e-commerce and social networking. As home consumers explore retail alternatives, online distributors are increasingly interested.

Some beauty product brands and retailers that have inventory and shipping businesses report e-commerce sales that are twice the level before COVID-19. For example, In 2020, Sephora’s online sales in the United States have increased twice as compared to 2019.

Recent Trends Observed In The Market

The solid perfume market has been on the rise for a few years now. The development of solid perfumes can be attributed to the need for a more personal and individualized scent that won't go away as easily as liquid perfumes.

The popularity of solid perfumes can also be attributed to the growing concern for environmentally conscious beauty products, as these perfumes use less packaging and don't leave any liquid residue behind.

Solid Perfume Market Dynamics

The global solid perfume market is segmented based on product type, end-user, distribution channel, and region. The roll-on product type segment is projected to register a significant market share in terms of revenue and maintain its leading position over the forecast period. This is attributed to the easy availability and easy to use.

The online segment is expected to boost the market revenue based on the distribution channels.

The rising popularity of e-commerce and the increasing number of smartphone users are now becoming a significant approach to buying any product compared to store-based or offline stores. Besides, online shopping provides attractive discounts that help grow the target market's revenue.

Solid Perfume Market Regional Analysis

North America dominates the global solid perfume market.

The location of stores will also impact sales, especially in areas that are difficult to reach or have less traffic because the company can control the customer experience to sell more products. The following are some of the new trends in perfume that are increasing sales in North America.

Solid perfumes are becoming more popular, with their smaller size and more affordable price range. Consumer demand for solid perfumes has seen a marked increase in North America. Supermarkets are now stocking an increased range of popular brands to meet this demand.

Several consumers are opting to use these scented products over traditional liquid and aerosol perfumes due to the convenience and lack of limited choice.

Key Players in the Market are:

• DIPTYQUE
• Le Labo
• Sabé Masson
• Roots Rose Radish
• Givenchy
• Jo Malone London
• LUSH USA
• Mélange
• Samurai market
• Forest Essentials
• Other Key Industry Players

Global Solid Perfume Market Segmentation:

Based on the Product Type:

• Roll-on
• Cream/Balm

Based on the Type:

• Organic
• Inorganic

Based on the End-User:

• Men
• Women
• Unisex

Based on the Distribution Channel:

• Specialty Stores
• Convenience Stores
• Online Stores
• Other Distribution Channels

Report Scope

• Forecast Period: 2022-2031
• Actual Year: 2021
• Historical Data Available for: 2015-2020

Key Regions Covered

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa