The fragrances and perfumes market is projected to register a CAGR of 5.5% during the forecast period, 2021-2026, according to Mordor Intelligence.
The report says that although Europe remains the largest markets, the Asia-Pacific region has emerged as the fastest growing market for fragrance.
Revenue in the fragrances segment in Australia amounts to US$648.7m in 2021, according to Statista.
The market is expected to grow annually in Australia by 2.83% (CAGR 2021-2025).
Agence de Parfum unveiled its Summer 2022 releases to journalists, bloggers and esteemed fragrance lovers via Zoom.
Agence de Parfum National Education Manager Michael Marzano hosted the virtual event, explaining in depth the soon to be released products from the niche perfume and home fragrance distribution company.
Unveiled during the event was new fragrances from P Frapin & Cie, Ormonde Jayne, Clive Christian, Amouage, Penhaligon’s, Maison Crivelle, Obvious, Trudon, Mizensir, Hermetica, Costume National and more.