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A mixture of essential oils, aroma compounds, solvents, and fixatives is usually used to create perfume, which is a fragrant liquid. When applied to the body, clothes, or other objects, it is meant to leave a pleasing and long-lasting scent.
In Saudi Arabia, perfumes are culturally significant. They are frequently connected to customs, holidays, and everyday grooming. Global perfume companies are well-represented in the Saudi Arabian market.
Furthermore, there are regional perfumers that craft distinctive concoctions that frequently include classic Arabian fragrances. For centuries, people have used perfumes as a means of self-expression, cultural rituals, and personal grooming.
There is a sizable premium segment in the Saudi Arabian perfume market. Customers looking for luxury and exclusive fragrances are catered to by upscale international brands and upscale local perfumers.
The Saudi Arabia perfume market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Aromatic concoctions designed to improve one’s own scent are perfumes and fragrances. Perfume and fragrance demand are being driven by the rapidly growing tourism industry in Saudi Arabia, which is being fueled by the relaxation of travel restrictions and forward-thinking cultural shifts.
As essential components of cultural customs, cosmetics, and the luxury market, they are utilised in a wide range of products, including body sprays and colognes, which affect people’s perceptions, feelings, and memories.
In Saudi Arabia, perfumes are sold through a variety of retail channels, such as department stores, online retailers, and specialty perfume shops. The ease and accessibility that perfumes offer to customers comes from their availability through various channels.
The Saudi Arabian government oversees the perfume industry, making sure that Islamic values and standards of quality are met. This covers specifications for components and production methods.
Jadwa Investment, based in Saudi Arabia, has purchased a 35% equity stake in Gissah Perfumes Company, based in Kuwait. The company plans to list on the Riyadh stock exchange.
One of the top privately held investment banks in the Kingdom, Jadwa is getting ready to open the next stage of growth for the fragrance company. Gissah is embarking on a new chapter with this partnership, which will help them to maintain their growth momentum, progress its corporate goals, and get ready for the company’s public listing on the Saudi Stock Exchange.
Gissah is a rising star in the perfume industry in the Gulf Cooperation Council. With 80 stories spread throughout 25 cities in Saudi Arabia, Kuwait, the United Arab Emirates, and Bahrain, Gissah expanded quickly.
To commemorate the opening of its KSA boutique, Ex Nihilo launched an exclusive perfume. A tribute to the renowned Al Nakheel Mall in Riyadh, this fragrance was created.
The original idea behind “Outcast Blue,” which celebrates blue through a graphic and flowing artwork, served as inspiration for the design. The pack features lustrous silver and blue shapes that pay homage to the captivating curves of the desert dunes and alludes to the scent.
According to Ex Nihilo, Riyadh is a place where the mediaeval and millennial eras converge in a “beguiling cultural union,” with a modern metropolis featuring gleaming skyscrapers and a thriving contemporary art scene set against the backdrop of historic souqs and UNESCO-listed scenery.
Ex Nihilo is updating French perfumery traditions in an Avant-Garde manner, much as the Saudi capital is changing and evolving in appearance. The brand’s Riyadh flagship draws inspiration from its Parisian Avant-Garde roots and combines it with the distinct atmosphere of the capital in an unusual setting.
Ajmal is a leading player in the Travel Retail arena. Their scent wafted across the world. With a rich portfolio of over 300 perfumes. And more than 300 exclusive stores. Brand Ajmal Perfumes is now spreading its smell in over 50 countries. And in over 30 duty-free locations and international airlines.
Arabian Oud is the largest fragrance manufacturer and retailer around the world. The company manages a retail chain of 900 stores, selling over 400 luxurious and unique fragrances worldwide. Arabian Oud has more than 3,700 employees serving customers in over 150 cities and 35 countries worldwide.
Rasasi Perfumes Industry LLC is aggressively growing its geographical footprint in 165 elegantly-designed stores in leading malls and prime market locations across the GCC region. Moreover, it exports products in more than 60 countries across the globe through a strong distribution network supported by state-of-the-art.
