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An increase in demand from millennials will boost growth, analysts say.
May 22, 2024
By: Lianna Albrizio
Associate Editor
The global luxury perfume market size is estimated to grow by $5.59 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 6.71% during the forecast period. Key companies include Amorepacific Corp; Capri Holdings Ltd.; Cartier SA; Chanel Ltd.; Clive Christian Perfume Ltd.; Coty Inc.; Giorgio Armani S.p.A.; Hermes International SA; IDAM Natural Wellness Pvt. Ltd.; L and L Luxury Co. LTD.’ L’Oréal SA; LVMH Moet Hennessy...
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