Dubai is considered a prime location in the UAE to launch any business. Launching a perfume brand is a wise idea as it falls into the category of the most profitable and promising businesses due to its status.
The perfume industry in UAE holds great potential for success, with a worth of 500 million dollars expected to reach 700 million dollars by the end of this year. Before launching a business, it is crucial to have a complete understanding of it.
If you are curious about how to start perfume business in Dubai, including its requirements and conditions, this article is for you. We will highlight the steps to follow for starting a perfume business.
This article answers an important query “How to start a perfume business” and discusses some points that should be kept in mind when you’re going to be a part of the perfume industry in UAE.
Overview Of the Perfume Industry in UAE
Perfumes are scents, and you must have heard the phrase that scents are like stories. It means they have the ability to bring back memories associated with them, and people love to gift them to their loved ones.
In UAE, there is a rising demand for perfumes, extensively used by people as it is a sign of status and individuals are well aware of the importance of personal grooming. Due to its high demand, the market size is growing rapidly and its Compound Annual Growth rate is expected to be 11.88% in the coming years.
How to Start a Perfume Business?
Like any other business, the perfume business also has requirements and conditions that must be fulfilled for its smooth growth. Here is a step-by-step guide that can help you launch your perfume business.
Business Plan
Make a business plan and outline your perfume business strategy, cost, mission, products, and goals in detail. Creating a Business Plan helps provide clarity, detect potential risks, and assess chances of success for your business.
Make Unique Perfumes
To make unique and innovative perfumes, hire perfume experts and researchers. If you are familiar with the perfume manufacturing process, you can explore different recipes and ingredients of other perfumes available in the market. Blend different ingredients to make a unique fragrance and then start its production on a large scale.
Packaging
It is important that packaging be attractive and good-looking as it majorly contributes to branding and marketing. For packaging, you can choose any type of material for perfume bottles. Choose a material on which you can put the logo, name, and other important information.
Design Logo
For the identity of the perfume brand, consider hiring a designer for a unique logo design. The logo should be simple and meaningful so it can attract your target audience.
Licensing
The next step is to get a perfume Trading License from the Department of Economic Development (DED) to sell your perfumes. The trading license will not only help you set up a company but also help in expanding it and enhancing its trustworthiness and reliability.
Manufacturing Point
After getting the license the next step is to choose the appropriate zone for setting up the manufacturing unit of perfumes. The most commonly used free zones that facilitate the perfume business are the Dubai free zone and Jebel Ali free zone.
Bank Account
In some zones, Opening a Bank Account is mandatory to keep an accurate record of the financial status of the perfume business.
Registration of the Perfumes
Making a product is not enough to start your business, it is also important that these perfumes meet the quality standard set by the relevant authority of Dubai. For approval that perfumes are safe to use and chemical free you have to register your products.
Selling Method
Investors are allowed to choose any selling method such as through retailers or online platforms. Remember each method has different regulations that should be followed.
Documents Required to Launch Perfume Business
A few documents needed for the perfume business in Dubai along with a Trading License and location approval are
- Laboratory test report of each perfume to ensure they are safe to use
- Registration documents of your company to show that you are legally operating in Dubai
- Analysis report of perfumes to ensure that they meet the safety standard
- Certificate of free sales
Cost of Launching Perfume Business
The cost of launching a perfume business varies and depends on the type of perfume, packing, and design you choose. Generally, it costs about AED 28,000 to AED 50,000. It also includes the salary of the staff and the rent of the company.
Top 5 Perfume Manufacturing Companies in UAE
The following are the top perfume manufacturers in UAE. They are known for making high-quality perfumes
- Romantic palace perfumes
- Allure International aerosols
- Al Ramadi Perfume manufacturing
- Al Mabrook Perfumes
- Ajmal perfume manufacturing
Conclusion
We hope now it is clear to you how to start perfume business in Dubai and what its requirements are. Launching a perfume business in Dubai has great potential for success, as people from all over the world come to Dubai for shopping.
After creating a unique fragrance and marketing it, you can earn a great amount of money. Just ensure your company’s perfumes are safe, attractive, and registered with the relevant authority. Follow the guidelines and make a mark in the perfume industry.
