Fragrance Product Market Poised for Strong Expansion Driven by Innovation and Sustainability Trends

The global fragrance product market is poised for substantial growth, with projections estimating its value to surge from USD 51.43 billion in 2024 to USD 121.75 billion by 2034. This growth represents a promising compound annual growth rate (CAGR) of 9% over the next decade, driven by key trends such as innovation, wellness, and the rising demand for personalized, sustainable, and organic products.