Market Insights Consumer Luxury Goods Prestige Cosmetics & Fragrances

Prestige Fragrances - India

India

In the year 2024, the revenue generated in the Prestige Fragrances market in India amounts to INR €218.60m.
It is projected that this market will experience an annual growth rate of 2.05% (CAGR 2024-2028).
This growth rate indicates a positive trend in the market's performance over the next five years.
When compared to other countries, in the United States leads in terms of revenue generation in the Prestige Fragrances market, with a total revenue of €2,881m in 2024.
This highlights the dominance of the US market in this segment.
To put the revenue figures into perspective, in 2024, the per person revenue generated in India's Prestige Fragrances market is approximately INR €0.15.
This figure represents the revenue generated per individual in relation to the total population of India.
India's growing middle class is driving the demand for luxury fragrances, making it a lucrative market for prestige fragrance brands.

Key regions: China, France, South Korea, Russia, United States

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The Prestige Fragrances market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Prestige Fragrances industry.