Luxury Fragrance Market Demand, Trends & Growth Outlook 2032
The global luxury perfume market is witnessing an unprecedented surge, propelled by rising disposable incomes, changing consumer preferences, and increasing demand for high-end fragrances. The global luxury perfume market size was valued at approximately $11.8 billion in 2023 and is projected to reach around $20.5 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.2% during the forecast period.
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