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Chanel, Estée Lauder and LVMH Drive Expansion in Booming Luxury Perfume Market Forecast to Reach $46.04 Billion

globenewswire.com
EL Estée Lauder is mentioned as a company featured in a report about the booming luxury perfume market, which is experiencing robust growth. The article does not provide specific sentiment towards Estée Lauder's performance or outlook.

Dublin, Dec. 12, 2025 (GLOBE NEWSWIRE) -- The "Luxury Perfume Global Market Report 2025" has been added to ResearchAndMarkets.com's offering.

The luxury perfume market has exhibited robust growth over recent years, with its size projected to escalate from $32.38 billion in 2024 to $34.83 billion in 2025 at a CAGR of 7.6%. This surge is credited to the rising demand for personalized and exclusive fragrances, heightened brand consciousness among consumers, expansion of luxury retail networks, and increasing disposable incomes, augmented by tourism and travel retail channels.

Looking forward, the market is anticipated to continue its upward trajectory, reaching $46.04 billion in 2029 at a CAGR of 7.2%. Key factors contributing to this growth include the rising use of sustainable and ethically sourced ingredients, increased e-commerce penetration, the popularity of niche and unisex scents, and expanded direct-to-consumer channels. The influence of celebrity and influencer endorsements will also play a crucial role. Emerging trends such as advancements in scent extraction technologies and AI for personalized recommendations, alongside investment in R&D for enduring formulations and eco-friendly packaging innovations, are expected to shape the market landscape.

This report answers critical questions about the luxury perfume market, including identifying the largest and fastest-growing regions. It explores market characteristics, including size, growth, segmentation, competitive landscape, market shares, trends, and strategies. The report analyzes market growth by geography, both historically and forecasted.

The market's significant drivers are technological advancements like AI and automation, geopolitical conflicts, and economic factors such as inflation and interest rates. Market segmentation insights include:

Reasons to Purchase:

Key Attributes:

Companies Featured

The companies featured in this Luxury Perfume market report include:

For more information about this report visit https://www.researchandmarkets.com/r/5r4bl0

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ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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