Men Fragrances Market to Grow with a CAGR of 5.10% through 2030
The
global men fragrances market is driven by rising grooming awareness,
premiumization, celebrity endorsements, sustainable packaging, niche scents,
and increasing demand in emerging markets
According to
TechSci Research report, “Men Fragrances Market - Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2030F”, the Global Men Fragrances Market was
valued at USD 34.09 billion in 2024 and is expected to reach USD 45.78 billion by
2030 with a CAGR of 5.10% during the forecast period. The global men’s fragrances market has
witnessed substantial growth in recent years, driven by evolving consumer
preferences, rising disposable incomes, and increasing awareness of personal
grooming. Traditionally, fragrances were associated primarily with women’s
beauty routines, but the shifting perceptions around male grooming have
significantly influenced the demand for men’s perfumes, colognes, and
deodorants. Today, men view fragrances as an essential aspect of their personal
care regimen, leading to a surge in premium and luxury fragrance sales. The
market encompasses a variety of product types, including eau de parfum, eau de
toilette, body mists, and aftershaves, catering to diverse consumer
preferences.
Several
factors contribute to the expansion of the global men’s fragrances market. One
of the primary drivers is the growing importance of self-care and grooming
among men. In recent years, men have become more conscious of their appearance
and personal hygiene, leading to increased adoption of skincare, haircare, and
fragrance products. This trend is particularly prominent among younger
generations, such as Millennials and Gen Z, who are more inclined toward
premium grooming products. A 2024 study found that 52% of U.S. men use facial
skincare products, marking a 68% increase from 2022. This rising engagement in
personal care naturally extends to fragrance usage, driving market growth.
Additionally,
the premiumization of men’s fragrances has significantly influenced consumer
behavior. Luxury brands and niche perfume houses have gained traction by
offering high-end, long-lasting scents made with exotic and sustainable
ingredients. Men are increasingly drawn to premium fragrances as a status
symbol, aligning with the broader trend of luxury consumption. Moreover, the
influence of celebrity endorsements and brand collaborations has fueled demand,
with popular figures in sports, entertainment, and fashion launching their own
fragrance lines or partnering with major brands to promote signature scents.
The
challenge is the rise of counterfeit fragrances. The increasing popularity of
luxury and designer perfumes has led to a surge in counterfeit products,
particularly in online marketplaces. Counterfeit fragrances not only affect
brand reputation but also pose health risks due to the use of substandard and
potentially harmful ingredients. To combat this issue, brands are implementing
advanced authentication technologies, such as QR codes and blockchain-based
tracking, to ensure product authenticity.
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"Global Men Fragrances Market”
The Men
Fragrances Market is segmented into product type, price range, sales channel and
region.
Based on the
sales channel, the online segment is the fastest-growing distribution channel
in the global men fragrances market, driven by increasing e-commerce adoption, convenience,
and a wider product selection. Digital platforms offer competitive pricing,
personalized recommendations, and exclusive online-only fragrance launches,
attracting consumers worldwide. Subscription-based fragrance services and
AI-driven scent-matching technologies further enhance the online shopping
experience. Social media influencers, digital marketing, and virtual fragrance
consultations also contribute to rising online sales. With growing smartphone
penetration and evolving consumer preferences, the online segment is expected
to continue its rapid expansion, making it a key driver of growth in the men’s
fragrance industry.
Based
on region, Asia Pacific is the fastest-growing region in the global men’s
fragrances market, driven by rising disposable incomes, urbanization, and
evolving grooming habits. Increasing awareness of personal care, influenced by
Western trends and celebrity endorsements, fuels demand for premium and luxury
fragrances. Expanding e-commerce platforms, duty-free retail growth, and
product customization further boost sales. Markets like China, India, and South
Korea are experiencing rapid adoption, supported by younger consumers and a
rising middle class. With fragrance preferences diversifying and international
brands expanding their presence, Asia Pacific is set to witness significant
growth in the men’s fragrance industry in the coming years.
Major companies
operating in the global Men Fragrances Market are:
- L'Oréal S.A.
- Unilever plc
- LVMH Moët Hennessy-Louis Vuitton SE
- Kao Corporation
- Shiseido Co., Ltd.
- The Estée Lauder Companies Inc.
- PVH Corp.
- Ralph Lauren Corporation
- Salvatore Ferragamo S.P.A
- Zino Davidoff SA
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“A key trend in the men’s fragrance
market is the rising demand for personalized and niche scents. Unlike
mass-produced fragrances, niche options feature unique and unconventional
compositions tailored to individual preferences. Personalization has become a
major selling point, with brands offering bespoke fragrance creation and
AI-powered scent recommendations. Consumers increasingly seek signature scents
that reflect their personality rather than widely available commercial options.
Additionally, social media and digital marketing have significantly influenced
purchasing behavior. Fragrance influencers, online reviews, and brand
storytelling shape consumer choices, while platforms like Instagram, YouTube,
and TikTok help brands engage younger audiences through immersive digital
campaigns“, said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
“Men Fragrances Market –
Global Industry Size, Share, Trends, Opportunity and Forecast, By Product Type
(Perfumes, Body Mists and Sprays, Deodorants and Roll-ons, Others), By Price
Range (Luxury, Mass), By Sales Channel (Hypermarket/Supermarket, Departmental
stores, Online, Others), By Region & Competition, 2020-2030F”,
has evaluated the future growth potential of global Men Fragrances Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the global Men Fragrances Market.
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