Title: Perfume Ingredient Chemicals Market - Forecast(2022 - 2027)
1Perfume Ingredient Chemicals MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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The perfume ingredient chemicals market size is
forecast to reach US9.1 million by 2027 after
growing at a CAGR of 5.6 during 2022-2027.
Perfume ingredient chemicals refer to the
building blocks prepared with a wide variety of
synthetic and natural substances extracted from
plants, fruits, and trees. These chemical
ingredients are used to impart scent to distinct
products in multiple industries. Sometimes, these
chemical ingredients are also utilized to mask
the unpleasant smell of other ingredients,
without giving products any noticeable scent.
Ethyl alcohol, methylene chloride, benzyl
acetate, indole, linalool, geranium, and camphor
are some of the commonly utilized chemical
ingredients in the fragrance formulation. Perfume
chemical ingredients find their extensive use in
the personal care application where these
chemical ingredients are utilized for creating
distinctive fragrances for use in products such
as shampoos, shower gels, shaving creams, and
moisturizers.
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- Key Takeaways
- Essential oils dominated the perfume ingredient
chemicals market in 2021. These are natural
compounds extracted from plants, making them a
suitable choice in the market. - The increasing development of natural ingredients
is projected to drive the markets growth. For
instance, in March 2020, Givaudan launched its
new ingredient solution Synchronight, made from
gardenia fruit extract for skin care products. - The Asia-Pacific region is expected to witness
the highest demand for perfume ingredient
chemicals owing to the expanding demand for
personal care products in the region. For
instance, according to data by the Ministry of
Economy, Trade, and Industry (METI), the personal
care and cosmetics market in Japan became the
worlds third-largest market in 2019 with a
market value of USD 35 billion.
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By Distribution Channel- Segment Analysis The
essential oils segment dominated the perfume
ingredient chemicals market in 2021 and is
growing at a CAGR of 7.1 during the forecast
period. Essential oils are natural compounds
extracted from various plants and fruits. A wide
variety of essential oil such as eucalyptus,
peppermint, rosewood, and geranium are used in
the formulation of perfumes and several other
products. The demand for nature-based ingredients
and sustainable products is increasing among
consumers.
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- Perfume Ingredient Chemicals Industry Outlook
- Givaudan
- MANE
- Avon Products, Inc.
- CHANEL
- Firmenich SA
- Clarins Fragrance Group
- Shiseido Company
- International Flavors Fragrances
- Zanos Ltd.
- LOréal
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Perfume Ingredient Chemicals Market Forecast
(2022 - 2027) Learn More
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esearch/perfume-ingredient-chemicals-market-resear
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- Analyst Briefing
- Data Tables
- Key Contacts
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