The revenue in the 'Fragrances' segment of the beauty & personal care market in the Philippines was forecast to continuously increase between 2025 and 2030 by in total 128.9 million U.S. dollars (+15.85 percent). After the tenth consecutive increasing year, the revenue is estimated to reach 942.39 million U.S. dollars and therefore a new peak in 2030. Find further information concerning Indonesia and Thailand. The Statista Market Insights cover a broad range of additional markets.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
After two years of growth, the Philippine perfume market decreased by -13.6% to $91M in 2023. Overall, consumption, however, enjoyed pronounced growth. Perfume consumption peaked at $105M in 2022, and then shrank in the following year.
The revenue in the 'Fragrances' segment of the beauty & personal care market in the Philippines was forecast to continuously increase between 2025 and 2030 by in total 128.9 million U.S. dollars (+15.85 percent). After the tenth consecutive increasing year, the revenue is estimated to reach 942.39 million U.S. dollars and therefore a new peak in 2030. Find further information concerning the average revenue per capita in the beauty & personal care market in Vietnam and the revenue in the beauty & personal care market in South Korea. The Statista Market Insights cover a broad range of additional markets.
The revenue in the 'Prestige Fragrances' segment of the luxury goods market in the Philippines was forecast to continuously increase between 2024 and 2029 by in total 147 million U.S. dollars (+53.29 percent). After the fifth consecutive increasing year, the revenue is estimated to reach 422.89 million U.S. dollars and therefore a new peak in 2029. Find more information concerning Worldwide and Indonesia. The Statista Market Insights cover a broad range of additional markets.
https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy
According to Cognitive Market Research, the global Solid Perfume market size is USD 1351.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 11.50% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 540.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 405.36 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 310.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.5% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 67.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.9% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 27.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.2% from 2024 to 2031.
The Aroma-Based Solid Perfumes held the highest Solid Perfume market revenue share in 2024.
Market Dynamics of Solid Perfume Market
Key Drivers of Solid Perfume Market
Shifting Consumer Preferences to Increase the Demand Globally
Convenient, travel-friendly cosmetic products are becoming more and more popular as consumer preferences continue to change. Solid fragrances have become the ideal answer, satisfying these requirements with their small, airtight form. Their hassle-free on-the-go program allows people who are always on the go to travel without breaking any restrictions on liquids. In addition to accommodating hectic schedules, their portability signals a move in the direction of sustainability and lessens the need for extra packing. The increased desire for convenience and efficiency in personal care routines is satisfied by solid perfumes, which successfully combine functionality and practicality.
Demand for Unique Fragrances to Propel Market Growth
The market for distinctive scents is expanding, and solid perfumes are addressing this need head-on. They provide a wider variety of specialty and unusual fragrances than are usually available in liquid perfumes. People can experiment and choose scents that more accurately reflect their uniqueness and particular tastes thanks to this variety. Exotic florals, uncommon spices, or unusual combinations—solid perfumes offer a foundation for more customized smell experiences. In the field of personal grooming, this trend represents a move towards uniqueness and self-expression, as customers look for goods that speak to their own identities and make a statement.
Restraint Factors Of Solid Perfume Market
Perception of Strength to Limit the Sales
There is a common misperception that solid perfumes are less powerful than their liquid equivalents. Although solid perfumes have stronger fragrance concentrations, how they are applied can change how strong they seem. Solid perfumes rely on direct skin contact, which may limit their projection, in contrast to liquid scents that atomize and spread widely. Because of this variation in application technique, people may mistakenly believe that solid perfumes have a weaker fragrance character. But for those who like softer, more in-your-face aromas, their concentrated mix guarantees longevity and a more personal fragrance experience. It's important to understand that application technique affects potency and projection differently than fragrance concentration alone.
Impact of Covid-19 on the Solid Perfume Market
The COVID-19 epidemic had a complex effect on the solid perfume business. Sales may have first decreased as a result of fewer social activities and discretionary expenditure. Nonetheless, the sector recovered as regulations relaxed, propelled by consumers' inclination towards small, portable beauty items. When travel limitations were implemented, solid perfumes became popular as practical substitutes for liquid scents. Increased awareness of hygiene also led to a move toward personal care items that were seen as more hygienic, such as touch-free solid perfumes. The solid perfume market was resilient in the face of early failures, capitalizing on shifting customer preferences and lifestyle adjustments brought about by the pandemic to adjust and prosper in the ...
From the selected regions, the ranking by revenue in the 'Fragrances' segment of the beauty & personal care market is led by the United States with 8.9 billion U.S. dollars and is followed by Brazil (5.6 billion U.S. dollars). In contrast, the ranking is trailed by the Netherlands with 527.71 million U.S. dollars, recording a difference of 8.3 billion U.S. dollars to the United States. Find other insights concerning similar markets and segments, such as a ranking of subsegments in Asia regarding revenue in the Beauty & Personal Care market as a whole and a ranking of subsegments in the Philippines regarding average revenue per user (ARPU) in the segment Personal Care . The Statista Market Insights cover a broad range of additional markets.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
For the fourth consecutive year, the Philippines recorded growth in overseas purchases of perfumes and toilet waters, which increased by 9.3% to 3.8K tons in 2023.
The global revenue in the 'Prestige Fragrances' segment of the luxury goods market was forecast to continuously increase between 2024 and 2029 by in total five billion U.S. dollars (+22.99 percent). After the fifth consecutive increasing year, the revenue is estimated to reach 26.76 billion U.S. dollars and therefore a new peak in 2029. Find more information concerning Europe and the Philippines. The Statista Market Insights cover a broad range of additional markets.
The revenue in the 'Prestige Fragrances' segment of the luxury goods market in Indonesia was forecast to continuously increase between 2024 and 2029 by in total 74.5 million U.S. dollars (+42.63 percent). After the fifth consecutive increasing year, the revenue is estimated to reach 249.25 million U.S. dollars and therefore a new peak in 2029. Find more information concerning the Philippines and Europe. The Statista Market Insights cover a broad range of additional markets.
https://www.imarcgroup.com/privacy-policyhttps://www.imarcgroup.com/privacy-policy
IMARC Group’s report, titled “Cananga Oil Processing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue,” provides a complete roadmap for setting up a cananga oil processing plant. It covers a comprehensive market overview to micro-level information such as unit operations involved, raw material requirements, utility requirements, infrastructure requirements, machinery and technology requirements, manpower requirements, packaging requirements, transportation requirements, etc. The cananga oil processing project report provides detailed insights into project economics, including capital investments, project funding, operating expenses, income and expenditure projections, fixed costs vs. variable costs, direct and indirect costs, expected ROI, and net present value (NPV), profit and loss account, financial analysis, etc.
https://www.imarcgroup.com/CKEditor/032d90d2-82c5-40fc-a156-0f31a25b2ffbcananga-oil-processing-plant-project-report_11zon.jpg" style="height:450px; width:800px" />
Cananga oil, derived from the blossoms of the Cananga odorata tree, is a captivating essential oil renowned for its rich fragrance and potential therapeutic benefits. Native to the tropical regions of Asia, particularly Indonesia and the Philippines, it is popular in aromatherapy and traditional wellness practices. The oil's distinct floral and sweet aroma has earned it recognition in the perfume industry, where it's used as a base note in various fragrances. Additionally, it is valued for its potential to alleviate stress and anxiety due to its calming properties. It is often employed in aromatherapy to promote relaxation and emotional balance. It is also known for its potential to support healthy skin and hair. When diluted in carrier oils or added to skincare products, it may help maintain skin moisture and enhance the appearance of hair. In traditional medicine, cananga oil has been used to address conditions such as high blood pressure and as an aphrodisiac. It is believed to possess antiseptic and anti-inflammatory properties, contributing to its diverse applications. Its unique aroma and potential therapeutic properties have positioned it as a prized ingredient in various industries, ranging from perfumery to wellness. Its cultural significance and potential health benefits contribute to its enduring popularity in aromatherapy and holistic health practices.
The market is propelled by a convergence of factors recognizing its distinct fragrance and potential wellness advantages. The increasing global inclination towards natural and plant-based remedies has increased the demand for essential oils like Cananga. Its rich floral aroma, reminiscent of ylang-ylang, appeals to consumers seeking authentic botanical fragrances. Furthermore, the rising awareness of aromatherapy's psychological and emotional benefits has positioned cananga oil as a sought-after ingredient. Its potential to promote relaxation, reduce stress, and uplift mood has led to its incorporation in aromatherapy products and spa treatments.
Moreover, its potential skincare and haircare benefits contribute to its growth. Its reported ability to balance skin moisture and enhance hair shine aligns with the demand for natural ingredients in the beauty and personal care industry. Besides, the oil's use in cultural and traditional practices, particularly in regions where the Cananga odorata tree is native, sustains its market presence. Its historical use in local remedies and rituals strengthens its role in holistic wellness practices. As eco-conscious consumers seek products derived from sustainable sources, the cultivation and extraction of cananga oil provide economic opportunities for communities in their native regions, contributing to the market's expansion.
The following aspects have been covered in the cananga oil processing plant report:
The report provides insights into the landscape of the cananga oil industry at the global level. The report also provides a segment-wise and region-wise breakup of the global cananga oil industry. It also provides the price analysis of raw materials and the industry profit margins.
The report also provides detailed information related to the process flow and various unit operations involved in a cananga oil processing plant. Furthermore, information related to mass balance and raw material requirements has also been provided in the report with a list of necessary quality assurance criteria and technical tests.
The report provides a detailed location analysis covering insights into the land location, selection criteria, location significance, environmental impact, expenditure, and other cananga oil processing plant costs. Additionally, the report provides information related to plant layout and factors influencing the same. Furthermore, other requirements and expenditures related to machinery, raw materials, packaging, transportation, utilities, and human resources have also been covered in the report.
Capital Expenditure (CapEx) and Operational Expenditure (OpEx) Analysis:
https://www.imarcgroup.com/CKEditor/dd7fbc6b-86fb-489e-9ea5-18f01b86e213report-2-preeti.webp" style="height:449px; width:800px" />
The report also covers a detailed analysis of the project economics for setting up a cananga oil processing plant. This includes the analysis and detailed understanding of capital expenditure (CapEx), operating expenditure (OpEx), income projections, taxation, depreciation, liquidity analysis, profitability analysis, payback period, NPV, uncertainty analysis, and sensitivity analysis. Furthermore, the report also provides a detailed analysis of the regulatory procedures and approvals, information related to financial assistance, and a comprehensive list of certifications required for setting up a cananga oil processing plant.
Particulars | Unit | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
---|---|---|---|---|---|---|
Total Income | US$ | XX | XX | XX | XX | XX |
Total Expenditure | US$ | XX | XX | XX | XX | XX |
Gross Profit | US$ | XX |
https://www.imarcgroup.com/privacy-policyhttps://www.imarcgroup.com/privacy-policy
South East Asia chiral chemicals market size is projected to exhibit a growth rate (CAGR) of 11.80% during 2025-2033. The increasing advances in catalysis and synthetic methodologies, which have improved the efficiency and cost-effectiveness of producing chiral compounds, are driving the market.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2024 |
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Growth Rate (2025-2033) | 11.80% |
Chiral chemicals are molecules that possess a non-superimposable mirror image, known as enantiomers. Enantiomers have the same chemical formula but differ in their spatial arrangement of atoms, leading to distinct properties, especially in biological systems. In pharmaceuticals, chiral compounds can exhibit different pharmacological activities, with one enantiomer often being more effective or safer than the other. Separation of enantiomers is crucial in drug development and manufacturing. Chirality plays a vital role in nature, influencing the properties and functions of biomolecules such as amino acids and sugars. Understanding and controlling chirality are essential in various scientific fields, including chemistry, biology, and medicine, due to their impact on molecular interactions and reactivity.
The chiral chemicals market in South East Asia is experiencing substantial growth, driven by a confluence of factors that underscore its significance in various industries. Firstly, the pharmaceutical sector's burgeoning demand for enantiomerically pure compounds propels the chiral chemicals market forward. As regulatory agencies increasingly emphasize the importance of chirality in drug development, manufacturers are compelled to invest in chiral technologies to ensure the efficacy and safety of pharmaceutical products. Moreover, the agrochemical industry's pursuit of innovative and environmentally friendly solutions amplifies the demand for chiral pesticides and herbicides. The preference for chiral formulations stems from their higher efficiency and lower environmental impact, positioning them as pivotal components in modern agriculture. Additionally, the expansion of the electronic chemicals sector contributes to the market's momentum, as chiral intermediates play a vital role in the production of advanced materials used in electronics. Furthermore, the rise of biotechnology applications, including the production of chiral building blocks for bio-based polymers and specialty chemicals, underscores the market's versatility. The interconnectedness of these drivers not only fosters growth in the chiral chemicals market but also accentuates its indispensability across diverse industries, shaping the landscape for future advancements and innovations.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional and country levels for 2025-2033. Our report has categorized the market based on technology and application.
Technology Insights:
https://www.imarcgroup.com/CKEditor/0d3c221e-d061-49b8-94df-4c7e4abdd2b9south-east-asia-chiral-chemicals.webp" style="height:450px; width:800px" />
The report has provided a detailed breakup and analysis of the market based on the technology. This includes traditional separation method, asymmetric preparation method (asymmetric synthesis method and asymmetric catalysis method), biological separation method, and others.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes pharmaceuticals, agrochemicals, flavors and fragrances, and others.
Country Insights:
https://www.imarcgroup.com/CKEditor/de2e1616-f1b9-4155-9b9d-b22dee2ead0csouth-east-asia-chiral-chemicals-.webp" style="height:450px; width:800px" />
The report has also provided a comprehensive analysis of all the major regional markets, which include Indonesia, Thailand, Singapore, Philippines, Vietnam, Malaysia, and Others.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | US$ Million |
Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
|
Technologies Covered |
|
Applications Covered | Pharmaceuticals, Agrochemicals, Flavors and Fragrances, Others |
Countries Covered | Indonesia, Thailand, Singapore, Philippines, Vietnam, Malaysia, Others |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The revenue in the 'Prestige Fragrances' segment of the luxury goods market in Europe was forecast to continuously increase between 2024 and 2029 by in total 1.1 billion euro (+16.22 percent). After the seventh consecutive increasing year, the revenue is estimated to reach 7.87 billion euro and therefore a new peak in 2029. Find more information concerning Worldwide and the Philippines. The Statista Market Insights cover a broad range of additional markets.
Concerning the four selected segments, the segment Personal Care has the largest revenue with 2.98 billion U.S. dollars. Contrastingly, Fragrances is ranked last, with 0.79 billion U.S. dollars. Their difference, compared to Personal Care, lies at 2.19 billion U.S. dollars. Find other insights concerning similar markets and segments, such as a ranking of subsegments in Worldwide regarding revenue in the segment Skin Care and a ranking of subsegments in Worldwide regarding revenue in the segment Cosmetics . The Statista Market Insights cover a broad range of additional markets.
The average revenue per capita in the 'Fragrances' segment of the beauty & personal care market in Switzerland was forecast to continuously increase between 2025 and 2030 by in total 2.4 U.S. dollars (+4.21 percent). After the eighth consecutive increasing year, the average revenue per capita is estimated to reach 59.38 U.S. dollars and therefore a new peak in 2030. Find further information concerning the revenue in the cosmetics for the face segment of the beauty & personal care market in Indonesia and the revenue in the skin care for the body segment of the beauty & personal care market in the Philippines. The Statista Market Insights cover a broad range of additional markets.
The global average revenue per capita in the 'Prestige Cosmetics & Fragrances' segment of the luxury goods market was forecast to continuously increase between 2024 and 2029 by in total 1.4 U.S. dollars (+15.78 percent). After the sixth consecutive increasing year, the average revenue per capita is estimated to reach 10.31 U.S. dollars and therefore a new peak in 2029. Find further information concerning the revenue in the 'Prestige Cosmetics' segment of the luxury goods market in the Philippines and the revenue in the luxury goods market in Italy. The Statista Market Insights cover a broad range of additional markets.
The average revenue per capita in the 'Fragrances' segment of the beauty & personal care market in Belgium was forecast to continuously increase between 2025 and 2030 by in total 13.1 U.S. dollars (+24.51 percent). After the eighth consecutive increasing year, the average revenue per capita is estimated to reach 66.58 U.S. dollars and therefore a new peak in 2030. Find further information concerning the average revenue per capita in the 'Personal Care' segment of the beauty & personal care market in New Zealand and the average revenue per capita in the cosmetics for the eyes segment of the beauty & personal care market in the Philippines. The Statista Market Insights cover a broad range of additional markets.
The average revenue per capita in the 'Fragrances' segment of the beauty & personal care market in Iceland was forecast to continuously increase between 2025 and 2030 by in total 13.8 U.S. dollars (+30.59 percent). After the eighth consecutive increasing year, the average revenue per capita is estimated to reach 58.87 U.S. dollars and therefore a new peak in 2030. Find more key insights for the average revenue per capita in countries and regions like the average revenue per capita in the 'Personal Care' segment of the beauty & personal care market in Hong Kong and the average revenue per capita in the skin care for the body segment of the beauty & personal care market in the Philippines. The Statista Market Insights cover a broad range of additional markets.
The revenue in the 'Fragrances' segment of the beauty & personal care market in Spain was forecast to continuously increase between 2025 and 2030 by in total 0.4 billion U.S. dollars (+22.99 percent). After the eighth consecutive increasing year, the revenue is estimated to reach 2.11 billion U.S. dollars and therefore a new peak in 2030. Find further information concerning the average revenue per capita in the cosmetics for the nails segment of the beauty & personal care market in the Philippines and the revenue in the beauty & personal care market in Suriname. The Statista Market Insights cover a broad range of additional markets.
Concerning the four selected segments, the segment Personal Care has the largest revenue with 61,698,940,348.82 U.S. dollars. Contrastingly, Fragrances is ranked last, with 18,501,756,201.48 U.S. dollars. Their difference, compared to Personal Care, lies at 43,197,184,147.34 U.S. dollars. Find other insights concerning similar markets and segments, such as a ranking by country regarding revenue in the fragrances segment of the beauty & personal care market and a ranking of subsegments in the Philippines regarding average revenue per user (ARPU) in the segment Personal Care . The Statista Market Insights cover a broad range of additional markets.
Not seeing a result you expected?
Learn how you can add new datasets to our index.
The revenue in the 'Fragrances' segment of the beauty & personal care market in the Philippines was forecast to continuously increase between 2025 and 2030 by in total 128.9 million U.S. dollars (+15.85 percent). After the tenth consecutive increasing year, the revenue is estimated to reach 942.39 million U.S. dollars and therefore a new peak in 2030. Find further information concerning Indonesia and Thailand. The Statista Market Insights cover a broad range of additional markets.