This is an in-depth, regularly updated list of perfume industry statistics.
Keep reading for a roundup of all the top perfume stats for 2023 and the future.
Global Perfume Market Size Overview
Recent data shows that the global fragrance industry is poised to generate £58 billion in revenue in 2023.
Considering the worldwide perfume market boasted a $45.85 billion valuation just a year earlier in 2022, that’s a huge increase of just over $12 billion.
Continual growth is expected, with estimations that the fragrance industry will grow to $69.25 billion by 2030, at a CAGR of 5.36%.
The UK accounts for a large portion of the global perfume and cosmetics wholesaling industry size, with a national industry value of $7.7 billion as of 2023.
Global per-person revenues are expected to increase to $34.53 by the end of 2023.
Sources: Oberlo, Statista, Fortune Business Insights, Ibis World
Top Perfume Brands by Revenue
With over $50.1 billion revenue, Christian Dior has the highest revenue of all the perfume brands in the world.
Here’s a look at the top perfume brands by revenue:
BRAND NAME | REVENUE |
---|---|
Christian Dior | $50.1 billion |
L’Oréal | $38.2 billion |
Estee Lauder Companies Inc (EL) | $17.7 billion |
Rolex | $13.0 billion |
Hermès | $12.4 billion |
Gucci | $11.2 billion |
Chanel | $11.0 billion |
Louis Vuitton | $9.9 billion |
Shiseido | $9.4 billion |
Givaudan | $7.3 billion |
Ralph Lauren Fragrances | $6.2 billion |
Tommy Hilfiger | $4.7 billion |
Prada | $4.4 billion |
Hugo Boss | $3.83 billion |
Burberry | $3.68 billion |
Yves Saint Laurent | $3.56 billion |
Coach Perfume | $3.4 billion |
Guess?, Inc. | $2.63 billion |
Armani | $2.4 billion |
Bulgari | $1.6 billion |
Versace | $1.45 billion |
Dolce & Gabbana | $1.4 billion |
Kate Spade | $1.1 billion |
Michael Kors | $1.1 billion |
Fendi | $0.985 billion |
Balenciaga | $0.946 billion |
Tom Ford Fragrances | $0.8 billion |
Montblanc | $0.481 billion |
Calvin Klein Inc | $0.46 billion |
Givenchy | $0.421 billion |
TUMI | $0.398 billion |
Marc Jacobs | $0.356 billion |
Parfums De Marly | $0.2 billion |
Byredo | $0.1845 billion |
Jimmy Choo | $0.168 billion |
Nabeel Perfume Industries | $0.1 billion |
Loewe Perfumes | $0.0945 billion |
Chloé | $0.0684 billion |
Guerlain | $0.0664 billion |
INITIO Parfums Privés | $0.06 billion |
Jo Malone London | $0.0565 billion |
Diptyque | $0.0489 billion |
Paco Rabanne | $0.0428 billion |
Frédéric Malle | $0.028 billion |
Viktor & Rolf | $0.0253 billion |
Acqua di Parma | $0.0241 billion |
Good Chemistry | $0.0226 billion |
JeanPaul Gaultier | $0.02 billion |
Atelier Cologne | $0.0185 billion |
Sol de Janeiro | $0.0115 billion |
The 50 biggest perfume and cosmetics companies in the world collectively account for 75% of the sector’s revenue.
Sources: Yahoo, Macro Trends, RocketReach, Small Business
What Percentage of People Wear Perfume?
One study found that the majority of people wear perfume daily, with women (81%) more likely to do so than men (56%).
Women are also more likely to wear perfume for work (27%), while men use it more for special occasions (35%).
In table form, the breakdown looks like this:
Perfume Wearing Frequency | Female (%) | Male (%) |
Daily | 81 | 56 |
For work | 27 | 0 |
Special occasions | 16 | 35 |
Other | 1 | 3 |
Given that men wear fragrances less often than women, it’s no surprise that the male fragrance market is roughly half the size of the female market.
Sources: Researchgate, Pairfum
Which Country Wears The Most Perfume?
Turkey has the largest community of regular perfume sprayers in the world (85%).
In the UK, 54% of Britains frequently wear fragrance, making it more regularly worn than cosmetics such as lipstick and mascara.
Here is a breakdown of the percentage of people from different countries who regularly wear perfume:
Country | Percentage of Population That Wear Perfume(%) |
---|---|
Turkey | 85 |
Argentina | 82 |
Nigeria | 79 |
Spain | 74 |
Russia | 67 |
Thailand | 55 |
UK | 54 |
Singapore | 45 |
US | 41 |
China | 27 |
Japan | 16 |
Across the Gulf Cooperation Council (GCC), which includes Arab states Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates, the average consumer applies perfume 2 – 4 times per day.
Although only 41% of Americans say they regularly wear perfume, most perfume revenue is generated in the United States. The country accounts for $8,715 million in 2023.
Sources: Statista, Statista, Pairfum London, Statista
How Many Perfumes Does The Average Person Own?
28% of women say they own 5 or more perfumes.
Sources: Mintel.
How Often Do People buy perfume?
29% of people have bought 1 or two perfumes in the last 12 months.
Nearly 30% of fragrance consumers reported spending over $150 on a single scent within the last year.
Specific percentages are as follows:
Response | Percentage |
---|---|
Percentage of population purchasing 1-2 perfumes in 12 months | 29% |
Percentage of population purchasing 3-4 perfumes in 12 months | 8% |
Percentage of population purchasing 5-6 perfumes in 12 months | 2% |
Percentage of population purchasing 7+ perfumes in 12 months | 4% |
One of the main things perfume wearers look for in a fragrance is mood-boosting qualities (71%).
Sources: Circana, Circana, Pairfum
Are high-end or mass-market fragrances more popular?
With a 52.3% market share, high-end fragrances are slightly more popular than mass-market fragrances, which account for 47.7% of perfume sales.
Premium fragrances dominate the scent scene with a 52.3% market share, leaving mass-market fragrances trailing with 47.7%.
Sources: FactMr
In-Store Vs Online Perfume Trends
The vast majority of perfume sales still happen in-store.
Currently, 91% of perfume sales happen in-store. Only 9% happen online.
Sources: Statista
Other Perfume Retail Trends
30ml fragrance bottles and smaller sizes, or ‘minis’ are the most frequently bought perfume product, accounting for 38% of all fragrance liquid sales.
Perfume gift set sales have grown by 26%, which is double the market average.
Meanwhile, Eau de Parfums and perfumes were the only type of perfumes to increase year-on-year.
Supply Chain Spend On Perfume
More than half of fragrance manufacturers’ spending (59%) goes on synthetic ingredients, while the rest is split between indirect materials (21%) and natural ingredients (20%).
Here’s a table showing the same data:
Type of Ingredient | Supply Chain Spend |
---|---|
Synthetic Ingredients | 59% |
Indirect Materials | 21%% |
Natural Ingredients | 20%% |
Sources: Ifra
PerfumeTok Stats
PerfumeTok is the colloquial name for the fragrance community on Tik Tok.
It’s also the name of the top TikTok. As it stands, #PerfumeTok has garnered 2.3 billion views, while its sister hashtag #FragranceTikTok has 1.1 billion.
Sources: Cosmetics business
What is the most popular perfume on TikTok?
#arianagrandecloud is the most popular hashtag on TikTok by an enormous stretch, with 28.7 billion views on the social media platform.
Here’s a longer list showing the top 10 perfume hashtags on PerfumeTok.
Ranking | Perfume Name | Hashtag | TikTok Views (2023) |
---|---|---|---|
1 | Ariana Grande Cloud Eau de Parfum for Her | #arianagrandecloud | 28.7B |
2 | Phlur Missing Person Eau de Parfum | Missing Person by Phlur | 2.2B |
3 | Glossier You Eau de Parfum | #glossieryou | 1.7B |
4 | Maison Francis Kurkdjian Baccarat Rouge Eau de Parfum | #baccaratrouge540 | 310.7M |
5 | Yves Saint Laurent Black Opium Eau de Parfum for Her | #blackopium | 260.3M |
6 | BURBERRY Burberry Her Eau de Parfum for Her | Burberry her | 110.2M |
7 | ARMANI Si Eau de Parfum for Her | giorgio armani si | 35.3M |
8 | Chanel Chance Eau de Toilette Spray | Chanel Chance | 28M |
9 | Dior Miss Dior Eau de Parfum for Her | #missdiorperfume | 21.1M |
10 | Carolina Herrera Good Girl Eau de Parfum For Her | #carolinaherreragoodgirl | 3.2M |
Meanwhile, hair perfume is now the fastest growing fragrance trend on TikTok with views up 35% in the last month)
Sources: Cosmetics business