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U.A.E. fragrance market

The Economic Statistics Branch of the United Nations Statistics Division (UNSD) states the gross national disposable income of the U.A.E. increased from 1,365,817,632,196 United Arab Emirates Dirham (AED) in 2019 to 1,155,545,540,105 AED in 2020. The organization further states that the consumption expenditure in the country grew from 777,168,968,338 AED in 2018 to 789,749,951,343 AED in 2019. The surging disposable income and mounting consumer expenditure will, therefore, facilitate the usage of fragrances in the country.

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U.A.E. fragrance market

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  1. © Prescient & Strategic (P&S)Intelligence Pvt.Ltd. All rights reserved 1 2022 HighDisposableIncomeofU.A.E.PeopleEnablingThemtoUse Fragrances

  2. TheEconomicStatisticsBranchoftheUnitedNationsStatisticsDivision(UNSD)statesthegrossnationaldisposableincomeoftheTheEconomicStatisticsBranchoftheUnitedNationsStatisticsDivision(UNSD)statesthegrossnationaldisposableincomeofthe U.A.E.increasedfrom1,365,817,632,196UnitedArabEmiratesDirham(AED)in2019to1,155,545,540,105AEDin2020.Theorganizationfurtherstatesthattheconsumptionexpenditureinthecountrygrewfrom777,168,968,338AEDin2018to789,749,951,343AEDin2019.Thesurgingdisposableincomeandmountingconsumerexpenditurewill,therefore,facilitatetheusageoffragrancesinthecountry. Additionally,thesurgingimportanceofpersonalgrooming,increasingresearchanddevelopment(R&D)activities,soaringnumberofgym-goers,andmountinginvestmentsbeingmadebymarketplayersonadvertisingandmarketinginitiatives,primarilyondigitalchannels,areexpectedtodrive U.A.E. fragrance marketataCAGRof8.3%during2020–2030.Themarketgeneratedarevenueof$720.2millionin2020.Inrecentyears,theboomingdemandforcustom-made,eco-friendly,andnaturalperfumeshasbecomeaprominentmarkettrend. Requestforsamplecopyofthisreport:https://www.psmarketresearch.com/market-analysis/uae-fragrance-market/report-sample ThepeopleoftheU.A.E.preferluxuryproductsovermassproducts,duetothemountingconsumerexpenditure,especiallyofmillennials,onluxurygoodsandtherisingpublicconsciousnessregardingbrands.Customerscanprocuretheseproductsfromonlinechannels,multi-brandretailstores,grocery/departmentalstores,andsupermarkets/hypermarketsofthecountry.Thesedistributionchannelsofferparfum,eaudecologne,eaudetoilette,andeaudeparfumforusers.Inthecomingyears,anenormousvolumeofeaudeparfumwillbeconsumedbytheU.A.E.populacebecauseofthehighconcentrationofessentialperfumeoilsandlowalcoholcontentinthem. ThesynthesissegmentoftheU.A.E.fragrancemarketisdividedintosyntheticandnatural.Underthissegment,thesyntheticcategorygeneratedhigherrevenuein2020.Thedominanceofthiscategoryis © Prescient & Strategic (P&S)Intelligence Pvt.Ltd. All rights reserved

  3. creditedtothestrongerscent,lowercost,longer-lastingability,andmore-complexnotesofsyntheticfragrances.Additionally,thenaturalcategoryisalsoexpectedtodemonstrateconsiderablegrowththroughouttheforecastperiod(2021–2030),duetotheabilityofnaturalfragrancestocalm,relax,andenergizethemoodofusers.creditedtothestrongerscent,lowercost,longer-lastingability,andmore-complexnotesofsyntheticfragrances.Additionally,thenaturalcategoryisalsoexpectedtodemonstrateconsiderablegrowththroughouttheforecastperiod(2021–2030),duetotheabilityofnaturalfragrancestocalm,relax,andenergizethemoodofusers. • Browsefullreportat:https://www.psmarketresearch.com/market-analysis/uae-fragrance-market • Inrecentyears,fragrance-providingcompaniesintheU.A.E.haveengagedinpartnershipstooffertheirproductstoalargecustomerbase.Forexample,inJune2020,SymriseAGandCRIEPPAMcollaboratedtoworkontheCRIEPPAMandSymriseproject,alavenderfarmingresearchproject,thataimstoincreasefarmers’ income,cropresilience,andlavenderandlavandinessentialoilyield.Withthisproject,thecompaniesalsoaimtoimprovebiodiversityandthequalityoflavender. • AccordingtoP&SIntelligence,AbuDhabiandDubaicollectivelyaccountedforthemajorshareintheU.A.E.fragrancemarketin2020.Thisisprimarilyascribedtotheincreasingdisposableincomeofpeopleandtherisingdigitalmarketingactivitiesintheseareas. • Moreover,theexistenceofavastcosmopolitanpopulationandthepresenceofnumerousmarketplayers,suchasYasPerfumesandRasasiPerfumesIndustryLLC,willalsosupportthemarketgrowthintheseregions. • Therefore,therisingdisposableincomeandconsumerspendingandthesoaringpublicfocusonpersonalgroomingwillencouragetheusageoffragrancesintheU.A.E. • MarketSizeBreakdownbySegment • By Type • Luxury Product • Mass Product • By Product • Parfum • Eau de Parfum © Prescient & Strategic (P&S)Intelligence Pvt.Ltd. All rights reserved

  4. EaudeToilette • EaudeCologne • Others • BySynthesis • Natural • Synthetic • ByConsumerGroup • Men • Women • Unisex • ByDistributionChannel • Grocery/DepartmentalStore • Supermarket/Hypermarket • Multi-BrandRetailStore • Online • Others • ByCity • Dubai • AbuDhabi • Sharjah • Ajman • Rasal–Khaimah • Others © Prescient & Strategic (P&S)Intelligence Pvt.Ltd. All rights reserved

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