The global fragrance fixatives market size is projected to
reach USD 1.79 billion by 2025, according to a new report by Grand View
Research, Inc. Increasing consumption of aroma chemicals and essential oils has
contributed to industry growth, especially in emerging economies with rising
income levels. Fixatives are used across distinct industries including fine
perfumery, skincare, homecare, and haircare. Moreover, the therapeutic effects
of scents and rising popularity of customized & celebrity perfumes has
positively influenced demand over the last few years.
Technological advancements have fostered new
synthetic substitutes for natural, animal-derived fixative compounds, thereby
meeting sustainability criteria and environmentalist concerns. The market for
innovative, long-lasting scents has also expanded considerably in developing
regions, providing ample growth opportunities to manufacturers.
Sclareolide is anticipated to grow at a CAGR
of 4.0% from 2016 to 2025. It is widely used in fine perfumery, skincare and
haircare products to prolong the effect & reduce rapid evaporation. The
product has emerged as an inexpensive substitute for ambergris, which
originates from the intestines of the endangered sperm whale.
Givaudan, the global flavor and fragrance
maker, in October 2019, declared its manufacturing of amber- and woody-scented
Ambrofix, via fermentation from cane sugar. The method is carbon-efficient and
aligns with the company’s sustainability approach and anticipated to demand
high in the forecast period.
Impact of COVID-19 on fragrance fixatives
market is anticipated to boost its demand in the forecast period. On account of
high demand from end-users.
The booming real estate market in well-established
countries holds great investment opportunities for both foreign and domestic
players, which is one of the emerging trends in the home fragrance market. For instance,
a study report published in the Economic Times in January 2020 open that
Foreign Direct Investment (FDI) in the Indian real estate segment is anticipated
to surge by 5%, equivalent to an mixture of approximately USD 6.5 billion in
the forecast period.
For full research report on Fragrance
Fixatives Market visit here: https://www.grandviewresearch.com/industry-analysis/fragrance-fixatives-market
Further key
findings from the study suggest:
- The fragrance fixatives market volume was
nearly 5.60 kilo tons in 2015 and is projected to grow at a CAGR of 1.9%
from 2016 to 2025
- Iso E Super was the dominant product and
accounted for over 30% of volume share in 2015. Increasing demand from
end-use segments such as skin & haircare and color cosmetics owing to
its odor-prolonging characteristics is anticipated to drive demand.
- Fine fragrances were the dominant end-use for
these compounds. Several multinational players in the industry are
extensively involved in new product development to gain a competitive
advantage and extend their global reach.
- Skincare is expected to be the fastest-growing
end-use with an expected CAGR of 4% in terms of revenue from 2016 to 2025
- Europe dominates the regional industry and
contributes over 43% to the global revenue
- Rising affluence levels in countries such as
India, Vietnam, and Thailand have translated directly into higher spending
on luxury perfumes and high-end cosmetics. This has driven industry growth
to a large extent in Asia Pacific, with regional CAGR estimated at 4.1% in
terms of revenue.
- Major companies operating in the industry are
Eastman Chemical Company, Tokos B.V., Lotioncarfter LLC, Paris Fragrances
Cosmetics E Supplies, SVP Chemicals Pvt. Ltd., Synthodor Company, PFW
Aroma Chemicals, and Zaki.
Get request sample of this report here: https://www.grandviewresearch.com/industry-analysis/fragrance-fixatives-market/request/rs1
Grand
View Research has segmented the global fragrance fixatives market on the basis
of product, end-use and region:
Fragrance
Fixatives Product Outlook (Volume, Tons; Revenue, USD Million, 2011 - 2025)
- Sclareolide
- Ambroxide
- Galaxolide
- Iso E Super
- Sucrose Acetate
Isobutyrate
- Ambergris
- Castoreum
- Civet
- Clary Sage
- Others
Fragrance
Fixatives End-Use Outlook (Volume, Tons; Revenue, USD Million, 2011 - 2025)
- Fine Fragrances
- Homecare Products
- Color Cosmetics
- Haircare Products
- Skincare Products
- Others
Fragrance
Fixatives Regional Outlook (Volume, Tons; Revenue, USD Million, 2011 - 2025)
- North America
- U.S
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Mexico
- Middle East &
Africa
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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