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Fragrances in Singapore - New Market Report

New Consumer Goods market report from Euromonitor International: "Fragrances in Singapore"

 

Boston, MA -- (SBWIRE) -- 07/08/2014 -- Fragrances saw a decline in value growth of 2% in 2013, generating sales of S$199 million. Consumers are increasingly price-sensitive and are more aware of the channels to purchase premium fragrances, such as third party beauty specialist retailers as well as websites that specialise in selling premium fragrances. Consumers typically will go around comparing prices prior to purchasing.

Competitive Landscape

Bulgari Parfums SA took first position in fragrances with a value share of 7% in 2013. This is attributed to its wide variety of fragrances in both premium men's fragrances and premium women's fragrances. Its signature product Bvlgari Omnia receives a high awareness among consumers and its fragrances are widely available at major department stores and a number of beauty specialist retailers.

Industry Prospects

Fragrances is expected to post a constant value CAGR of -3% over the forecast period. This is likely to be due to the intense competition among brands, which will drive down prices. In addition, fragrances is already saturated and there is limited room for growth over the forecast period.

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Report Overview

Discover the latest market trends and uncover sources of future market growth for the Fragrances industry in Singapore with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Fragrances industry in Singapore, our research will save you time and money while empowering you to make informed, profitable decisions.

The Fragrances in Singapore market research report includes

- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as

- What is the market size of Fragrances in Singapore
- What are the major brands in Singapore
- What pricing movements are seen across premium and mass fragrances
- What are the key product development trends
- How are sales of unisex fragrances performing

Reasons to Get this Report

- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions

Product coverage

- Mass Fragrances
- Premium Fragrances

Data coverage

- Market sizes (historic and forecasts)
- Company shares
- Brand shares
- Distribution data

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Browse all Consumer Goods research reports at Fast Market Research

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