Why a decrease in niche perfume market?

Why a decrease in niche perfume market?

According to the statistics of British magazine The Moda Business, the niche perfume market is decreasing – sales dropped by about 3 %. However, the demand for body and hair sprays increased by 50 %. Everything is about changing trends and the emergence of a new mass.

Modern consumer strives for affordable flavors that can be combined with each other. For example, instead of buying a designer bottle at a high price, it chooses a few mista or a popular luxury aroma.

Photo: Social Networks

Now a great role has been played by a generation Alf, which affects the trends on the network. Unlike Millennians and Zumers, they still do not have the opportunity to buy niche perfume, so most suggestions in Tiktok are cheap sprays or perfumes. According to experts, the market will continue to damage for the next few years.

In the meantime, you can find out how brands sell cosmetics to Zukers.

Source: People Talk

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