Perfumes are worn to tackle unpleasant body odor. They assist you in smelling fresh as you go through the day. Today perfumes are no more limited to making you feel good. They have become a symbol of luxury and sophistication for many. Here are some of the most expensive perfumes in the world which you can try. By 2024, the global fragrance market is estimated to be worth about $50.8 billion, according to CEOWORLD magazine. The table below depicts the estimated size of the global fragrance market from 2014 to 2024. In 2018, the value of the global fragrance market amounted to over 41 billion U.S. dollars.
Size of the global fragrance market from 2014 to 2024
- 2024: $50.8 billion
- 2023: $49.4 billion
- 2022: $47.9 billion
- 2021: $46.5 billion
- 2020: $45.2 billion
- 2019: $43.9 billion
- 2018: $41.8 billion
- 2017: $39.8 billion
- 2016: $39.7 billion
- 2015: $39.4 billion
- 2014: $38.8 billion
By 2024, the perfume market in the United States is estimated to be worth about $11.11 billion, according to CEOWORLD magazine. In 2018, the value of perfume market in the U.S. amounted to over 9 billion U.S. dollars. The table below depicts the estimated size of the global perfume market from 2015 to 2024.
The estimated value of the perfume market in the United States from 2015 to 2024
- 2024: $11.11 billion
- 2023: $10.78 billion
- 2022: $10.25 billion
- 2021: $9.85 billion
- 2020: $9.59 billion
- 2019: $9.19 billion
- 2018: $9.06 billion
- 2017: $8.73 billion
- 2016: $8.33 billion
- 2015: $8 billion
Let’s have a look at the most expensive perfumes that money can buy
- DKNY Golden Delicious Million Dollar Fragrance Bottle ($1 million)
This perfume was the result of a collaboration between renowned designer DKNY and world-famous jewelry designer Martin Katz. Priced at $1 million, this perfume is the most expensive ever made.
It comes in a bottle which is encrusted with precious stones such as 2700 white diamonds, 183 yellow sapphires, 15 pink diamonds from Australia, four rose-cut diamonds, 7.18-carat Cabochon sapphire, 1.6-carat Paraiba tourmaline, and 3.07-carat pear-shaped rose-cut diamond. Cap of the bottle sports 2.43-carat Canary yellow diamond.
- Clive Christian No. 1 Imperial Majesty Perfume ($12,721.89 per ounce)
This perfume is the second most expensive perfume on this planet. It costs $12,721,89 per ounce. It has an enchanting fragrance of Tahitian Vanilla accompanied with traces of reminiscent of Aphrodite, rosa centifolia, and the goddess of love and beauty.
- Baccarat Les Larmes Sacrees de Thebes ($6,800 per ounce)
Baccarat perfumes cost as much as $6800 per ounce. They are known for their exuberant and high-quality crystal and fragrances. Baccarat Les Larmes Sacrees de Thebes is one among the three limited edition series that come in a pyramid-shaped bottle. This perfume has streaks of warm and aromatic myrrh along with frankincense.
- Chanel Grand Extrait ($4,200 per ounce)
One of the highly preferred perfume by elites, Chanel Grand Extrait, backs fourth place in the list of most expensive perfumes. It is priced at $4200 per ounce and comes in a state of an art bottle. It is limited-edition which captivates with the fragrance of a bouquet made from intangible flowers with a dash of feminity. Furthermore, it has a tinge of May Rose and Jasmine, which lend it freshness and grandeur.
- Clive Christian No. 1 ($2,150 per ounce)
Renowned designer Clive Christian is the brainchild behind this exclusive perfume range. It costs around $2150 per ounce and was introduced in 2001 and 2006, making it the most expensive perfume of that time. It comes in two editions with different fragrances, namely Floral for women and Oriental for me.
- Hermès 24 Faubourg ($1,500 per ounce)
What makes Hermes 24 Faubourg one of the most expensive perfume is the fact that only a thousand bottles of it were manufactured. It is priced at $1500 per ounce and is most sought after perfumes. Its scent is an amalgamation of various fragrances which includes orange blossom, patchouli, ylang-ylang, taire flower, jasmine, vanilla, sandalwood, ambergris, and iris.
- Caron Poivre ($1,000 per ounce)
Caron Poivre came up with this perfume to mark their 50th anniversary in the world of fragrances. With a price tag of $1000 per ounce, this perfume comes in a handcrafted crafted bottle, which is a masterpiece in itself. Its scent has a one of a kind hot spicy pepper note to it which makes it unique and special.
- Joy by Jean Patou ($850 per ounce)
Joy is an extravagant perfume created by the renowned brand, Jean Patou. While making it, double the quantity of the ingredients that are otherwise required in order to make a scent was used. 10,000 jasmine flowers and 28 dozens of roses were used in the creation of this perfume.
- JAR Bolt of Lightning ($765 per ounce)
The Oriental floral fragrance of Jar Bolt of Lightning features a mix of oriental flowers. It is devised of tuberose and green notes and comes in an elegantly designed bottle. The perfume was launched in 2001 and is known as one of the most expensive as well as one of the most popular ones in the world.
- Annick Goutal Eau d’Hadrien ($441 per ounce)
Launched in 1981, Annick Goutal Eau D’Hadrien features woman’s fragrance, blending together ylang ylang, basil, sweet and herbal, along with splashes of citrus. The bottle that contains the unique perfume reminds one of the citrus fruits. One of the most expensive perfumes in the world, it costs $441.18 per ounce.