The Perfumes and Toilet Waters market in Norway witnessed fluctuating trends between 2012 and 2022. The market peaked in 2013 with a value of 200.99 million USD, followed by a significant dip in 2015, where it dropped to 158.24 million USD. After 2016, there was a gradual stabilization, remaining around 172 million USD from 2017 through 2022.
Year-on-year variations over the last two years showed a consistent but modest growth of 0.17%. The compound annual growth rate (CAGR) over the last five years reflects a more stable trend with a negligible decline of -0.0041%.
Looking forward, trends to watch include the impact of increased consumer spending power, the influence of global beauty and fashion trends, and the potential rise of local and organic brands as significant market disruptors. With careful observation of these factors, the Norwegian market for Perfumes and Toilet Waters may experience renewed growth or shifts in consumer preferences in the upcoming years.
How does Norway rank in Perfumes and Toilet Waters Market Size Value?
| # | 55 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 25,234,000,000 | 2023 | +1.96% | +1.95% | View data |
| 2 | 2 France | 6,062,900,000 | 2023 | -0.14% | +0.55% | View data |
| 3 | 3 Germany | 5,710,500,000 | 2023 | +0.12% | -0.83% | View data |
| 4 | 4 United Kingdom | 4,968,700,000 | 2023 | +0.46% | -0.34% | View data |
| 5 | 5 Italy | 3,404,200,000 | 2023 | +0.79% | +0.54% | View data |
| 30 | 30 New Zealand | 178,080,000 | 2023 | +0.1% | -1.67% | View data |
| 31 | 31 Oman | 172,880,000 | 2023 | +1.98% | +2.39% | View data |
| 32 | 32 Norway | 172,840,000 | 2023 | +0.16% | +0.073% | |
| 33 | 33 Kazakhstan | 157,570,000 | 2023 | -0.76% | -1.6% | View data |
| 34 | 34 Morocco | 129,990,000 | 2023 | +1.94% | +2.1% | View data |
