PROSPECTS AND OPPORTUNITIES
Sustained growth for fragrances in 2025 and beyond
In the forecast period, fragrances in Japan is expected to continue to see a solid retail value CAGR at constant 2024 prices, with growth for premium fragrances expected to continue exceeding that of mass fragrances. Growth is anticipated due to the growing number of daily fragrance users, and strong demand for higher-priced brands.
Intensifying competition in fragrances
Fragrances is set to face intensified competition, both internal and external, with new entrants from mass brands, and from different industries, and an increase in products across other categories that incorporate scent as a key concept. In November 2024, Cosme Kitchen, a variety store known for its natural and organic cosmetics, launched its own private label fragrance, Self Reflection.
Innovations in fragrance formats
Fragrances is poised for innovation in the types of products offered, moving beyond the mainstream mist types to include gels, gummies, and alcohols. These new formats are designed to provide users with a fresh sensory experience and cater to diverse lifestyle needs.
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Overview:
Understand the latest market trends and future growth opportunities for the Fragrances industry in Japan with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Fragrances industry in Japan, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Fragrances in Japan report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Fragrances in Japan?
- Which are the leading brands in Japan?
- How are products distributed in Japan?
- To what extent is e-commerce changing the retail environment and consumer demand?
- How are sales of mass versus premium beauty products evolving?
- Which products are seeing rising demand in the wake of COVID-19?
- Why are changing lifestyles and consumer behaviour patterns stimulating growth of some categories but not others?
- How is the macroeconomic environment shaping demand?
- Where is future growth expected to be most dynamic?
Fragrances in Japan - Category analysis
KEY DATA FINDINGS
Particularly strong growth for premium fragrances in 2024
Luxury brands drive growth in premium fragrances
Rising interest in fragrance events at department stores
Sustained growth for fragrances in 2025 and beyond
Intensifying competition in fragrances
Innovations in fragrance formats
Beauty and Personal Care in Japan - Industry Overview
Beauty and personal care in 2024: The big picture
2024 key trends
Competitive landscape
Retail developments
What next for beauty and personal care?
DISCLAIMER
The following categories and subcategories are included:
Fragrances
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- Premium Body Mists
- Premium Men's Fragrances
- Premium Women's Fragrances
- Premium Unisex Fragrances
- Premium Fragrance Sets/Kits
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- Mass Body Mists
- Mass Men's Fragrances
- Mass Women's Fragrances
- Mass Unisex Fragrances
- Mass Fragrance Sets/Kits
Fragrances
This is the aggregation of men's, women's and unisex mass and premium fragrances as well as fragrances sets/kits and body mists. The distinction between mass market and premium is normally price and label/positioning (mass fragrances rarely carry a designer label) and distribution. Also includes hair fragrances with a primary function of making hair smell good and not to be confused with hair oil and other styling/conditioning products with hair fragrances, whose primary function is to either condition or style over fragrance.
See all of our definitionsWhy buy 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
This report originates from Passport, our Fragrances research and analysis database.
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