This industry has performed strongly in recent years and is expected to continue a steady pace of growth over the next five years. The recession caused some stumbles, as the Perfume and Fragrance Manufacturing industry sells mostly discretionary products. However, as consumers started to regain confidence and disposable income, revenue and profit rebounded. Additionally, high export volumes have played a large part in maintaining revenue and are expected to increase through 2020.
Companies in this industry manufacture men's and women's perfumes and fragrances. Perfume is a mixture of fragrant essential oils and aroma compounds, fixatives and solvents used to give the human body a pleasant scent.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.