September 21, 2021
According to the report titled ‘Global Fragrance Fixatives Market Size study, by Type (Sclareolide, Ambroxide, Galaxolide, Iso E Super, Sucrose Acetate Isobutyrate, Ambergris, Castoreum, Civet, Clary Sage, and Others), End Use (Fine Fragrances, Homecare Products, Color Cosmetics, Haircare Products, Skincare Products, and Others) and Regional Forecasts 2021-2027’, available with Market Study Report LLC, global fragrance fixatives market was worth USD 1.56 billion 2020 and is anticipated to grow at 2.32% CAGR during 2021-2027, thereby accumulating USD 1.83 billion by the end of study period.
Increasing product demand for several purposes like aromatherapy and in essentials oils is boosting the progression of global fragrance fixatives market. Rising awareness about the therapeutic effect of fragrance in sustaining emotional, physical and psychological wellbeing is fueling industry share.
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Furthermore, surging popularity of customized and renowned perfumes, growing environmental concerns, rapid development in the cosmetics sector, and efforts of the manufactures to create long lasting fragrances are likely to augment industry outlook in the coming years.
For the unversed, fixatives are compounds which are used to slow down the rate of evaporation of highly volatile materials in the perfume composition, thus increasing the longevity of the aroma.
On the contrary, high cost of products containing fragrance fixatives, and risk of various skin disorders & allergies associated with the use of synthetic chemicals may hamper the development of global fragrance fixatives market over the projected timeframe.
Speaking of geographical landscape, North America, Asia Pacific, Latin America, and Europe are studied to understand the market dynamics. Among these, North America currently holds a major industry share, owing to strong demand for organic & natural fixatives, and rise in the number of fragrance and cosmetic industries.
Also, Asia Pacific market is expected to record notable gains during 2021-2027, due to increase in disposable income, improvements in standard of living, along with massive expansion of luxury product segment in the region.
Major players like SVP Chemicals Pvt. Ltd., Givaudan S.A., Lotioncrafter LLC, PFW Aroma Chemicals BV, Paris Fragrances & Cosmetics Supplies, Inc., Schülke & Mayr GmbH, Firmenich International S.A., Tokos BV, Synthodor Company, and Eastman Chemical Company are profiled in global fragrance fixatives market report.