Market Research Reports, Latest Industry Updates, Custom Research Services | IMARC Group

IMARC Group’s latest report, entitled “ Saudi Arabia Perfume Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 ”, finds that the   Saudi Arabia perfume market  reached a value of US$ 1.73 Billion in 2018. Perfumes form an integral part of the Saudi Arabia’s tradition and cultural heritage due to which the consumers are very selective in choosing perfumes and spend a significant amount of their incomes on these products. Over the years, Saudi Arabia has emerged as a major hub for creating innovative perfumes with a particular focus on exotic ouds and fine variants. Moreover, as perfumes and fragrances aid in improving mood and reducing stress, the emergence of aromachology and use of fragrances in therapeutic applications are providing a positive thrust to the market growth. The market has also gained traction as the manufacturers are launching exotic and unisex fragrances in order to diversify their product portfolio and target the a...