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flag Niche perfume sales surge, with market leader Parfums de Marly expecting over 40% growth in 2024.

flag Niche perfumes, known for their high-quality, rare ingredients, are experiencing a surge in popularity, growing at 13% annually compared to 3-5% for mass-market perfumes. flag France-based Parfums de Marly, a leader in this sector, saw a 50% sales increase in 2023 and expects over 40% growth this year, reaching $600 million. flag These exclusive fragrances, available in over 80 countries with the U.S. as the primary market, appeal to consumers looking for unique scents to express their individuality.

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