The global perfume market continues to expand, driven by evolving consumer preferences, rising disposable income, and the growing demand for luxury and personalized fragrances. In 2022, the market was valued at USD 50.8 billion and is projected to reach USD 55.8 billion by 2033, growing at a CAGR of 5.7% during the forecast period.

With increasing emphasis on natural ingredients, sustainable production, and niche fragrances, the industry is witnessing significant transformations. Key players are focusing on product innovation and digital marketing strategies to engage a broader customer base.

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