Published on 22 May 2024 on Insider Monkey via Yahoo Finance

The Best Perfume for Older Women That Embody Sophistication

In this article, we will talk about The Best Perfume for Older Women That Embody Sophistication. For our detailed discussion, go directly to the 20 Best Perfumes for Older Women That Embody Sophistication. 

Global Perfume Industry: 

As previously pointed out in our article, "15 Best Everyday Colognes in 2024," the worldwide perfume industry stood at $50.85 billion in 2022 and is projected to grow at a CAGR of 5.9% between 2023 and 2030. This Grand View Research reports a greater emphasis on personal grooming, and a growing demand for luxury and exotic fragrances is fueling the expansion. For instance, fragrance usage in the United States was slightly higher in 2023 compared to 2022, driven by younger customers as Circana's Fragrance Consumer Report 2023 points out and shows that Gen Z's usage has increased dramatically from 5% to a whopping 83%. Interestingly, people between the ages of 13 and 26 wear fragrances at least three times a week, as per this study.