Golden Scent achieves an annual GMV of 300mln Saudi Riyals

Golden Scent achieves an annual GMV of 300mln Saudi Riyals

- Fragrance and Perfumes Market is projected to grow at a CAGR of 8.6% during the forecast period, from 2022 to 2027

With over 2 million shoppers in the last 7 years, and millions of visitors monthly, and 7 million downloads since its launch; Golden Scent has powered its way to a leadership position in Saudi Arabia and the GCC’s e-commerce shopping space and it is now poised for breakaway growth for the coming 3 years.

Golden Scent’s ongoing success has been strengthened by its highly engaging customers. The brand’s online interaction and engagement is on an ongoing boost due to its high level of trust and loyalty amongst its customers, as well as its harbouring over 20,000 of the world’s biggest library of Arabic, niche perfumes and over 1000 brands. Over 100 of those are Saudi born, Arabic fragrances. The company constantly aims to maintain its position as the preferred shopping destination for all beauty and fragrance lovers.

“The Middle East is one of the regions that has a rich history and passion for fine fragrances. In addition, the GCC dominates consumers with high income which plays a vital role in boosting the demand for high end and unique fragrances and perfumes.