Qatar Perfume Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024-2030)

Qatar Perfume Market Size

Qatar Perfume Market Trends & Growth Drivers

Growing Emphasis on Premium and Luxury Fragrances Is Key Trend

• People residing in Qatar are demanding premium and luxury fragrances, which is an ongoing trend due to consumers’ rising disposable incomes and enhanced standard of living in the country.
• Rich people typically buy these items not only for their use but also as a status symbol, standard, and connection to regional cultural values, which emphasize personal grooming and fragrances.
• Major perfume brands make strong marketing strategies to attract rich consumers and encourage them to invest in luxury perfumes.
• Additionally, the availability of a diverse range of premium and luxury perfumes both online and offline has made it simpler for consumers to access these products.

Increasing Disposable Income of Population Is Boosting the Market Growth

• The country is witnessing high disposable incomes, which has allowed consumers to buy more non-essential and luxury products.
• This change allows them to indulge in high-end items that they might not have previously purchased.
• Personal grooming is another factor that holds a significant value in their culture, and it is considered a symbol of a high standard of living.
• Additionally, the higher spending power of consumers pulls more international luxury brands into the market, which increases variety and competition.
• This broad availability of premium products pushes spending, which propels market growth.

Strong Competition from International Brands Is Challenge for Local Players

• The entry of international brands into the market poses a challenge to local and smaller companies without global reach, strong brand recognition, and substantial marketing resources.
• Local products face challenges in gaining significant market share in the country due to the dominance of multinational brands.

Qatar Perfume Market Analysis

Product Type Insights

Premium products are the larger category, with a market share of 65% in 2024. This is due to the growing disposable income, cultural focus on luxury, and rising spending in personal grooming. The demand is further escalating owing to their top quality and uniqueness, which attract the majority of the population in Qatar.

The types of products analyzed in this report are:

• Mass (Faster-Growing Category)
• Premium (Larger Category)

End User Insights

Women will hold the larger market share, of 60%, in 2024, and they are also the faster-growing category, with a CAGR of 5.5% in the forecast period. This is because women choose high-end and luxurious scents, take pride in their appearance, and are influenced by social media and celebrity endorsements. Women are more inclined to self-care and involved in top-quality personal care products as compared to men.

The end users included in the report are:

• Men
• Women (Larger and Faster-Growing Category)

Distribution Channel Insights

Online distribution channels are rapidly growing with a CAGR of 5.8% from 2024 to 2030. This is associated with the rising incorporation of e-commerce, the convenience of online shopping, and the wide range of products. Online retailers are incorporating new features, such as product reviews, descriptions, and the capability to customize products, to attract more buyers.

Offline distribution channel is the larger category, in 2024. This is because of the offline channel's freedom to allow customers to try on perfumes in person before making a purchase. Customers also avoid having to deal with a drawn-out refund process, which saves them time.

Further, this segment has two categories:

• Online (Faster-Growing Category)
• Offline (Larger Category)

Geographical Analysis

Doha Is Largest and Fastest-Growing Province

Doha is the largest province, with a market share of 55% in 2024, and it is also the fastest-growing province. This is due to Doha’s position as the capital city and its essential role in tourism, high-end retail, and economic activity. The large population of the city and the influx of international visitors contribute significantly to the demand for both mass and luxury fragrances, which drives the market expansion in the city.

The provinces analyzed for the report are:

• Al Shamal
• Al Khor
• Al-Shahaniya
• Umm Salal
• Al Daayen
• Doha (Largest and Fastest-Growing Province)
• Al Rayyan
• Al Wakra

Qatar Perfume Market Share

The Qatar perfume market is fragmented in nature due to the presence of both local and international brands competing intensely. Major players in the market include Abdulsamad Al Qurashi, Arabian Oud, and LVMH Moët Hennessy - Louis Vuitton. Different strategies are used by market participants, which include mergers and acquisitions, product launches, and collaborations, to stay ahead of all the competitors.

Qatar Perfume Market News

• In June 2024, Canadian multi-brand company DECIEM Beauty Group Inc. was acquired by The Estée Lauder Companies Inc.
• In June 2023, Kering signed an agreement to acquire high-end luxury fragrance House Creed.