TABLE OF CONTENTS
1 INTRODUCTION 10
1.1 OBJECTIVES OF THE STUDY 10
1.2 MARKET DEFINITION 10
1.3 OVERVIEW 10
1.4 LIMITATIONS 11
1.5 MARKETS COVERED 12
2 MARKET SEGMENTATION 15
2.1 MARKETS COVERED 15
2.2 GEOGRAPHICAL SCOPE 16
2.3 YEARS CONSIDERED FOR THE STUDY 17
2.4 CURRENCY AND PRICING 17
2.5 DBMR TRIPOD DATA VALIDATION MODEL 18
2.6 INGREDIENT LIFELINE CURVE 21
2.7 MULTIVARIATE MODELING 22
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 23
2.9 DBMR MARKET POSITION GRID 24
2.10 DBMR VENDOR SHARE ANALYSIS 26
2.11 SECONDARY SOURCES 27
2.12 ASSUMPTIONS 28
3 EXECUTIVE SUMMARY 29
4 PREMIUM INSIGHTS 32
4.1 PORTER’S FIVE FORCES 34
4.1.1 THREAT OF NEW ENTRANTS 34
4.1.2 THREAT OF SUBSTITUTE PRODUCTS: 35
4.1.3 BARGAINING POWER OF BUYERS/CONSUMERS: 35
4.1.4 BARGAINING POWER OF SUPPLIERS: 35
4.1.5 INTENSITY OF COMPETITIVE RIVALRY: 35
4.2 PRODUCT ADOPTION SCENARIO 36
4.2.1 OVERVIEW 36
4.2.2 PRODUCT AWARENESS 37
4.2.3 PRODUCT INTEREST 37
4.2.4 PRODUCT EVALUATION 37
4.2.5 PRODUCT TRIAL 37
4.2.6 PRODUCT ADOPTION 37
4.2.7 CONCLUSION 37 
4.3 BRAND COMPETITIVE ANALYSIS 38
4.4 CONSUMER BUYING BEHAVIOUR 40
4.4.1 ECONOMIC FACTORS: 40
4.4.2 SOCIAL AND CULTURAL FACTORS: 40
4.4.3 LIFESTYLE AND DEMOGRAPHICS: 40
4.4.4 TECHNOLOGICAL ADVANCEMENTS: 40
4.4.5 ENVIRONMENTAL AND ETHICAL CONCERNS: 40
4.4.6 MARKETING AND BRANDING: 40
4.4.7 COMPETITIVE LANDSCAPE: 41
4.5 IMPACT OF ECONOMIC SLOWDOWN 42
4.5.1 IMPACT ON PRICE 42
4.5.2 IMPACT ON SUPPLY CHAIN 42
4.5.3 IMPACT ON SHIPMENT 42
4.5.4 IMPACT ON COMPANY’S STRATEGIC DECISIONS 42
4.6 SUPPLY CHAIN ANALYSIS 44
4.6.1 OVERVIEW 44
4.6.2 LOGISTIC COST SCENARIO 44
4.6.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 45
5 REGULATION COVERAGE 46
6 MARKET OVERVIEW 51
6.1 DRIVERS 53
6.1.1 RISE IN DEMAND FOR NATURAL FRAGRANCES 53
6.1.2 INCREASE SPENDING ON PRODUCT INNOVATION 54
6.1.3 RISE IN DISPOSABLE INCOME AND INCREASE IN URBAN POPULATION 54
6.1.4 SURGING ROLE OF FRAGRANCES FOR GIFT-GIVING PURPOSES 55
6.2 RESTRAINTS 56
6.2.1 FLUCTUATION OF RAW MATERIAL PRICES 56
6.2.2 HIGH COSTS LINKED WITH USING NATURAL COMPONENTS 56
6.3 OPPORTUNITIES 57
6.3.1 HEAVY INVESTMENTS IN RESEARCH AND DEVELOPMENT 57
6.3.2 RISING SPENDING ON DIGITALIZATION 58
6.4 CHALLENGES 59
6.4.1 ADHERENCE TO QUALITY AND REGULATORY NORMS 59
6.4.2 GROWING APPREHENSIONS SURROUNDING THE UTILIZATION OF HARMFUL SUBSTANCES 59 
7 GLOBAL FINE FRAGRANCES MARKET BY GEOGRAPHY 61
7.1 OVERVIEW 61
7.2 EUROPE 62
7.3 ASIA-PACIFIC 63
7.4 NORTHAMERICA 64
7.5 MIDDLE EAST & AFRICA 65
7.6 SOUTH AMERICA 66
8 GLOBAL FINE FRAGRANCES MARKET: COMPANY LANDSCAPE 67
8.1 COMPANY SHARE ANALYSIS: GLOBAL 67
8.2 COMPANY SHARE ANALYSIS: EUROPE 68
8.3 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 69
8.4 COMPANY SHARE ANALYSIS: NORTH AMERICA 70
8.5 RECOGNITION 71
8.6 NEW LAUNCH 71
8.7 NEW PRODUCT DEVELOPMENT 72
9 SWOT ANALYSIS 73
10 COMPANY PROFILE 74
10.1 FIRMENICH SA. 74
10.1.1 COMPANY SNAPSHOT 74
10.1.2 COMPANY SHARE ANALYSIS 74
10.1.3 PRODUCT PORTFOLIO 75
10.1.4 RECENT DEVELOPMENTS 75
10.2 LVMH 77
10.2.1 COMPANY SNAPSHOT 77
10.2.2 REVENUE ANALYSIS 77
10.2.3 COMPANY SHARE ANALYSIS 78
10.2.4 PRODUCT PORTFOLIO 78
10.2.5 RECENT DEVELOPMENT 79
10.3 CHANEL 80
10.3.1 COMPANY SNAPSHOT 80
10.3.2 REVENUE ANALYSIS 80
10.3.3 COMPANY SHARE ANALYSIS 81
10.3.4 PRODUCT PORTFOLIO 81
10.3.5 RECENT DEVELOPMENTS 82 
10.4 BATH & BODY WORKS, INC. 83
10.4.1 COMPANY SNAPSHOT 83
10.4.2 REVENUE ANALYSIS 83
10.4.3 COMPANY SHARE ANALYSIS 84
10.4.4 PRODUCT PORTFOLIO 84
10.4.5 RECENT DEVELOPMENT 85
10.5 KERING 87
10.5.1 COMPANY SNAPSHOT 87
10.5.2 REVENUE ANALYSIS 88
10.5.3 COMPANY SHARE ANALYSIS 88
10.5.4 PRODUCT PORTFOLIO 89
10.5.5 RECENT DEVELOPMENT 91
10.6 AMOUAGE 92
10.6.1 COMPANY SNAPSHOT 92
10.6.2 PRODUCT PORTFOLIO 92
10.6.3 RECENT DEVELOPMENT 93
10.7 AVON 94
10.7.1 COMPANY SNAPSHOT 94
10.7.2 PRODUCT PORTFOLIO 94
10.7.3 RECENT DEVELOPMENT 94
10.8 DOLCE & GABBANA S.R.L 95
10.8.1 COMPANY SNAPSHOT 95
10.8.2 PRODUCT PORTFOLIO 95
10.8.3 RECENT DEVELOPMENT 96
10.9 GULF FLAVOURS & FRAGRANCES 97
10.9.1 COMPANY SNAPSHOT 97
10.9.2 PRODUCT PORTFOLIO 97
10.9.3 RECENT DEVELOPMENTS 98
10.10 HERMES 99
10.10.1 COMPANY SNAPSHOT 99
10.10.2 REVENUE ANALYSIS 99
10.10.3 PRODUCT PORTFOLIO 100
10.10.4 RECENT DEVELOPMENT 102
10.11 M. SENTIMENT 103
10.11.1 COMPANY SNAPSHOT 103
10.11.2 PRODUCT PORTFOLIO 103
10.11.3 RECENT DEVELOPMENT 103 
10.12 PARFEX 104
10.12.1 COMPANY SNAPSHOT 104
10.12.2 PRODUCT PORTFOLIO 104
10.12.3 RECENT DEVELOPMENTS 104
10.13 TAC PERFUMES 106
10.13.1 COMPANY SNAPSHOT 106
10.13.2 PRODUCT PORTFOLIO 106
10.13.3 RECENT DEVELOPMENT 107
10.14 ZOHOOR ALREEF 108
10.14.1 COMPANY SNAPSHOT 108
10.14.2 PRODUCT PORTFOLIO 108
10.14.3 RECENT DEVELOPMENTS 109
10.15 TAKASAGO INTERNATIONAL CORPORATION 110
10.15.1 COMPANY SNAPSHOT 110
10.15.2 REVENUE ANALYSIS 110
10.15.3 PRODUCT PORTFOLIO 111
10.15.4 RECENT DEVELOPMENTS 111
11 QUESTIONNAIRE 112
12 RELATED REPORTS 115