Sri Lanka Perfumes And Deodorants Market (2023-2029) | Trends, Industry, Growth, Value, Revenue, Analysis, Size, Share, Segmentation, Outlook & COVID-19 IMPACT

Topics Covered in the Sri Lanka Perfumes & Deodorants Market

Sri Lanka Perfumes & Deodorants Market report thoroughly covers the market by product type, by consumer group, by distribution channel, and by price segment. The Perfumes & Deodorants Market outlook report provides an unbiased and detailed analysis of the ongoing Perfumes & Deodorants Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Sri Lanka Perfumes & Deodorants Market Synopsis

Sri Lanka Perfumes & Deodorants Market is projected to register enormous growth over the years. period. The market is driven by the growing popularity of premium brands and increasing awareness of health and hygiene among consumers. However, the high cost of these products is expected to restrain the Sri Lanka Perfumes & Deodorants Market growth. The future of the Sri Lanka perfumes and deodorants market is promising with several growth opportunities.

According to 6Wresearch, the Sri Lanka Perfumes & Deodorants Market size is projected to grow at a rapid pace rate during 2023-2029. The market is driven by rising awareness about personal grooming, and increasing disposable incomes among individuals. However, the market is restrained by the presence of counterfeit products and the high cost of luxury brands. Nevertheless, the population of Sri Lanka is growing at a healthy rate, which is resulting in increased demand for perfumes and deodorants. Also, several people in Sri Lanka are leading active lifestyles, which has resulted in increased demand for body sprays and deodorants. Moreover, there is a growing awareness of the importance of personal grooming which is driving up demand for perfumes and deodorants. Furthermore, the growing awareness about health and hygiene is another major factor fueling the growth of the Sri Lanka Perfumes & Deodorants Industry as consumers are becoming more conscious about personal grooming.

COVID-19 Influence on the Sri Lanka Perfumes & Deodorants Market

The market for Perfumes & Deodorants in Sri Lanka was extremely influenced by the advent of COVID-19 as the pandemic has led to changes in consumer behavior, including a shift in priorities towards essential items such as food and hygiene products over perfumes which are considered non-essential items. Due to lockdowns and social distancing measures, there have been a decline in the use of perfumes and deodorants, as an individual was avoiding going out. However, there may have been an increase in the demand for hygiene products which has resulted in declined sales of perfumes and deodorants.

Key Players in the Sri Lanka Perfumes & Deodorants Market

There are several key players in the market. Some of the major players include:

• Unilever Sri Lanka
• Hemas Holdings
• Oriflame
• L'Oreal Sri Lanka

These are some of the foremost players in the Sri Lanka perfumes and deodorants market.

Market Analysis by Product Types

According to Dhaval, Research Manager, 6Wresearch, both the deodorants and perfumes segments of the Sri Lanka perfumes and deodorants market are expected to experience growth in the forthcoming years due to rising disposable income and changing consumer preferences.

Market Analysis by Price Segment

By price segment, premium fragrances are high-end fragrances that are usually more expensive, and on the other hand, Mass-market fragrances are more affordable than premium fragrances.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Sri Lanka Perfumes & Deodorants Market Outlook
• Market Size of Sri Lanka Perfumes & Deodorants Market, 2022
• Forecast of Sri Lanka Perfumes & Deodorants Market, 2029
• Historical Data and Forecast of Sri Lanka Perfumes & Deodorants Revenues & Volume for the Period 2019 - 2029
• Sri Lanka Perfumes & Deodorants Market Trend Evolution
• Sri Lanka Perfumes & Deodorants Market Drivers and Challenges
• Sri Lanka Perfumes & Deodorants Price Trends
• Sri Lanka Perfumes & Deodorants Porter's Five Forces
• Sri Lanka Perfumes & Deodorants Industry Life Cycle
• Historical Data and Forecast of Sri Lanka Perfumes & Deodorants Market Revenues & Volume By Product Types for the Period 2019 - 2029
• Historical Data and Forecast of Sri Lanka Perfumes & Deodorants Market Revenues & Volume By Deodorants for the Period 2019 - 2029
• Historical Data and Forecast of Sri Lanka Perfumes & Deodorants Market Revenues & Volume By Perfumes for the Period 2019 - 2029
• Historical Data and Forecast of Sri Lanka Perfumes & Deodorants Market Revenues & Volume By Consumer Group for the Period 2019 - 2029
• Historical Data and Forecast of Sri Lanka Perfumes & Deodorants Market Revenues & Volume By Men for the Period 2019 - 2029
• Historical Data and Forecast of Sri Lanka Perfumes & Deodorants Market Revenues & Volume By Women for the Period 2019 - 2029
• Historical Data and Forecast of Sri Lanka Perfumes & Deodorants Market Revenues & Volume By Unisex for the Period 2019 - 2029
• Historical Data and Forecast of Sri Lanka Perfumes & Deodorants Market Revenues & Volume By Distribution Channel for the Period 2019 - 2029
• Historical Data and Forecast of Sri Lanka Perfumes & Deodorants Market Revenues & Volume By Online for the Period 2019 - 2029
• Historical Data and Forecast of Sri Lanka Perfumes & Deodorants Market Revenues & Volume By Offline for the Period 2019 - 2029
• Historical Data and Forecast of Sri Lanka Perfumes & Deodorants Market Revenues & Volume By Price Segment for the Period 2019 - 2029
• Historical Data and Forecast of Sri Lanka Perfumes & Deodorants Market Revenues & Volume By Premium for the Period 2019 - 2029
• Historical Data and Forecast of Sri Lanka Perfumes & Deodorants Market Revenues & Volume By Mass for the Period 2019 - 2029
• Sri Lanka Perfumes & Deodorants Import Export Trade Statistics
• Market Opportunity Assessment By Product Types
• Market Opportunity Assessment By Consumer Group
• Market Opportunity Assessment By Distribution Channel
• Market Opportunity Assessment By Price Segment
• Sri Lanka Perfumes & Deodorants Top Companies Market Share
• Sri Lanka Perfumes & Deodorants Competitive Benchmarking By Technical and Operational Parameters
• Sri Lanka Perfumes & Deodorants Company Profiles
• Sri Lanka Perfumes & Deodorants Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product Types

• Deodorants
• Perfumes

By Consumer Group

• Men
• Women
• Unisex

By Distribution Channel

• Online
• Offline

By Price Segment

• Premium
• Mass