| Product Code: ETC6360926 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium continued to be a key market for perfume imports, with metropolitan France, Netherlands, Poland, Czechia, and Germany emerging as the top exporting countries. The Herfindahl-Hirschman Index (HHI) indicated a moderate concentration in the market, suggesting a competitive landscape. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 9.22%, reflecting sustained interest and demand for imported perfumes in Belgium. This data underscores the significance of these top exporting countries in shaping the Belgian perfume market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Perfume Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Perfume Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Perfume Market - Industry Life Cycle |
3.4 Belgium Perfume Market - Porter's Five Forces |
3.5 Belgium Perfume Market Revenues & Volume Share, By Perfume Type, 2021 & 2031F |
3.6 Belgium Perfume Market Revenues & Volume Share, By Category, 2021 & 2031F |
4 Belgium Perfume Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income among consumers in Belgium |
4.2.2 Growing demand for premium and niche fragrances |
4.2.3 Rising trend of personal grooming and self-care |
4.2.4 Influence of social media and celebrity endorsements on consumer preferences |
4.3 Market Restraints |
4.3.1 High competition from international perfume brands |
4.3.2 Regulatory constraints on certain ingredients used in perfumes |
4.3.3 Economic uncertainty impacting consumer spending on luxury items |
5 Belgium Perfume Market Trends |
6 Belgium Perfume Market, By Types |
6.1 Belgium Perfume Market, By Perfume Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Perfume Market Revenues & Volume, By Perfume Type, 2021- 2031F |
6.1.3 Belgium Perfume Market Revenues & Volume, By Premium Perfume Products, 2021- 2031F |
6.1.4 Belgium Perfume Market Revenues & Volume, By Mass Perfume Products, 2021- 2031F |
6.2 Belgium Perfume Market, By Category |
6.2.1 Overview and Analysis |
6.2.2 Belgium Perfume Market Revenues & Volume, By Female Fragrances, 2021- 2031F |
6.2.3 Belgium Perfume Market Revenues & Volume, By Male Fragrances, 2021- 2031F |
6.2.4 Belgium Perfume Market Revenues & Volume, By Unisex Fragrances, 2021- 2031F |
7 Belgium Perfume Market Import-Export Trade Statistics |
7.1 Belgium Perfume Market Export to Major Countries |
7.2 Belgium Perfume Market Imports from Major Countries |
8 Belgium Perfume Market Key Performance Indicators |
8.1 Consumer sentiment towards luxury goods |
8.2 Number of new product launches in the perfume market |
8.3 Growth in online sales of perfumes |
8.4 Consumer engagement on social media platforms |
8.5 Sustainability practices adopted by perfume brands |
9 Belgium Perfume Market - Opportunity Assessment |
9.1 Belgium Perfume Market Opportunity Assessment, By Perfume Type, 2021 & 2031F |
9.2 Belgium Perfume Market Opportunity Assessment, By Category, 2021 & 2031F |
10 Belgium Perfume Market - Competitive Landscape |
10.1 Belgium Perfume Market Revenue Share, By Companies, 2024 |
10.2 Belgium Perfume Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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