Sugar Daddy[USA], a leading fragrance manufacturer based in Middletown, Delaware, has decided to launch its two most successful variants in the Indian market. The company sees a big opportunity in the Indian market which has been growing rapidly over the last few years. According to Mark Bordonaro, president of US & Europe sales, the opportunity is massive & time is opportune to enter Indian fragrance space
The Indian fragrance market is valued at $500 million, a small slice of the $24 billion global industry, as per industry reports. In India, the growth rate has been approximately 11% in the last few years, but is projected to grow exponentially in the upcoming years due to rising personal care, brand awareness, increasing disposable income, growing demand in middle-class people and affordable price of fragrance in the form of mass perfumes & deodorants.
Sugar Daddy is a consumer brand that brings the world’s best quality fragrances to the most influential & high net worth individuals around the world. Its fragrances are long lasting & can be worn by men & women of all ages. The Unisex & appealing image of their fragrances has been in vogue since 1930’s in US & Europe. Sugar Daddy has a 98% repeat purchase rate. A high repeat order value makes them one of the most trusted brands in fragrance market space globally
The fragrance will be sold via their website https://www. sugardaddy69. com/