Luxury Perfumes Global Market to 2027 - Insights and Forecast with Impact of COVID-19
The Global Luxury Perfumes Market has been classified, by distribution channel, into store-based and non-store based. The store-based segment has been further segregated into hypermarkets and supermarkets, specialty stores, and others. The store-based segment is expected to generate higher revenue, with the hypermarkets and supermarkets sub-segment being the largest due to strong vendor networks, high product appeal, and the convenience of understanding the fragrances through several testers available. The non-store-based segment is expected to register the higher CAGR during the assessment period owing to technological advancements in the e-commerce industry, detailed information on websites, and growing consumer preference for online purchase. Market overview Luxury perfumes are the part of the fashion world, and it has extensively paved its way in various demographics across the globe especially men, women and unisex. The need for perfume has been quite common for the past many ...