Global Fragrance Fixatives Market is segmented By Type (Natural Fixatives, Synthetic Fixatives), By Products (Skin Care, Hair Care, Eyes & face color, Deodorants & Perfumes, Nail Care, Others), By Distribution Channel (Online, Offline), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030
Fragrance Fixatives Market Overview
180 pages report analyses the Global Fragrance Fixatives Market is expected to reach at a CAGR of 4.7% durng the forecast period 2023-2030. Global Fragrance Fixatives Market size, shares, recent trends, competitive intelligence, and future market outlook. Fragrance Fixatives usage in skincare, fragrances, and cosmetic product is on the rise. Demand from Cosmetic, Personal Care in North America is spiking. Competitive rivalry intensifies with Eastman Chemical, Tokos BV, SVP Chemicals and others operating in the market. Fragrance Fixatives are used for slowing down the rate of evaporation of the volatile materials in a perfume composition, causing gradual changes in the aroma of the perfume. It also lends a particular note to the perfume throughout the stages of evaporation and avoids any effect on the evaporation rate of the other materials; improve, fortify and transport the vapors and lend a combination of a retentive effect, through the addition of trace amounts. Fragrance fixatives have been widely used in hair, skincare, fragrances, face, and other cosmetic products, raising the need for fragrance fixatives. The fragrance fixatives are broadly classified into two types based on the origin: natural and synthetic fixatives.
Fragrance Fixatives Market Scope
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Metrics |
Details |
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Market CAGR |
4.7% |
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Segments Covered |
By Type, By Products, By Distribution Channel and By Region |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights. |
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Fastest Growing Region |
Asia Pacific |
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Largest Market Share |
North America |
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Fragrance Fixatives Market Dynamics
The global fragrance fixatives market growth is driven by rising consumer expenses on luxury cosmetics, increasing demand for perfumes & fragrances, and expanding product lines in cosmetics.
The rising consumer expenses on luxury cosmetics are expected to drive market growth
The increasing expenses on luxury cosmetics are expected to spike the demand for the fragrance fixatives market. Europe is home to major personal care & cosmetic brands while its consumers are involved in luxury products. According to Cosmetics Europe, there are 500 million consumers in Europe for cosmetic and personal care products, resulting in sales of at least €29 billion to the European economy annually. Fragrance fixatives are used in most cosmetic products, including skincare, haircare, makeup, perfumes, deodorants, and others.
Moreover, according to a recent study, the average woman has grown her expenditure to $313 per month on her cosmetic products. In 2019, the annual expenditure on cosmetics, perfume, and bath preparation products accounted for approximately 197 dollars per consumer in the U.S, hence with increasing expenditure on cosmetics, the demand for fragrance fixatives will also grow.
The government regulations for manufacturing cosmetics are likely to hinder the fragrance fixatives market growth
The fragrance fixatives market is impacted by government regulations for the manufacturing of cosmetics such as the FDA regulating cosmetics under the Federal Food, Drug, and Cosmetic Act, which is the major factor responsible for restraining market growth.
COVID-19 Impact Analysis on Fragrance Fixatives Market
Due to the pandemic, stakeholders across the fragrance fixatives industry have seen a notable impact as all the production work, factories and other activities were closed. The production was hindered by halts and supply chain disruption globally. After the pandemic, there are still various restrictions imposed by the governments, such as working with half the workforce and fewer operating hours hindering the production cycle of the market. The losses are incorporated with the weaker demand for wellbeing products due to lockdown policies and social restrictions and lockdown policies. According to the industry analysis, the cosmetic market has fallen by approximately 30% during the pandemic, hence affecting the sales of the fragrance fixatives market.
Fragrance Fixatives Market Segmentation Analysis
By type, the fragrance fixatives market is broadly classified into natural fixatives and synthetic fixatives.
The natural fragrance fixatives are expected to grow at the fastest CAGR during the forecast period (2023-2030)
The natural type fixatives are expected to hold the largest market for fragrance fixatives and are expected to continue their dominance in the forecast period. The natural fragrance fixatives are of various types including myrrh, oakmoss, frankincense, clary sage, clary sage, and others. Myrrh is considered one of the most significant fixatives with a smoky-woody and slightly spicy-medicinal odor and is excellent with white rose, violet, and lavender. Also, Orris is considered an excellent fixative with a sweet floral-woody odor; it blends well with carnation, cedarwood, bergamot, vetiver, cypress and other florals.
Various leading market players have been widely using and developing natural fragrance fixatives in the products. For instance, in 2019, Givaudan, a flavor and fragrance maker company developed amber- and woody-scented Ambrofix with fermentation from cane sugar. The process is carbon-efficient and aligns with the sustainability approach.
Fragrance Fixatives Market Geographical Analysis
North America region holds the largest market for the global fragrance fixatives globally
North America region holds the largest market share for the fragrance fixatives market globally and is expected to continue its dominance in the forecast period due to the high expenditure on cosmetics. According to the Industry Analysis, in 2018, the U.S. accounted for the most valuable beauty & personal care market globally, generating around 89 billion U.S. dollars. Also, Canada holds one of the significant markets for perfumes, with the presence of e-commerce sites leading the sector.
The market has seen recent developments such as expansions and launches in the fragrance fixatives market in the region. In 2020, P2 Science, Inc launched an e-commerce store as part of its website for offering products such as renewable fragrance ingredients in pack sizes between for shipment anywhere in the United States. In 2019, the Henry Rose brand was launched in the U.S. The collection consists of five unisex fragrances; the brand uses phthalates as fixatives in fragrances.
Fragrance Fixatives Market Companies Competitive Landscape
The fragrance fixatives market is highly competitive with the local player’s presence followed by the global companies, contributing to the major share in the market growth. In addition, some of the key players contributing to the growth of the market are Eastman Chemical, Givaudan, Tokos BV, International Flavors & Fragrances Inc, Firmenich SA, Paris Fragrances, SVP Chemicals, Synthodor Company, PFW Aroma Chemicals, P2 Science Inc, and others. The major players are adopting various new strategies to dominate the market, such as launching new products, acquisitions, and collaborations, contributing to the growth of the fragrance fixatives market globally.
P2 Science Inc
Overview: P2 Science Inc is engaged in developing a set of highly intensified process technologies for converting renewable feedstocks into specialty chemicals including flavors, fragrance, and cosmetics ingredients.
Product Portfolio: The Company's product line consists of liquid polymers and specialty alcohols as silicone replacements, fixatives, and emollients in skin and hair care; renewable carbonyls from terpenes and fatty acids for mint, floral, fruity, and gourmand accords.
Key Development: In 2020, P2 Science, Inc. launched a new, unique, and patented aroma compound Citropol F with outstanding fixative properties. The product has a light odor and can present a wide variety of essential oils and fragrance ingredients.
The global fragrance fixatives market report would provide access to an approx: 61 market data table, 53 figures, and 180 pages.
