The import of essential oils, perfumes, cosmetics, and toiletries to Poland has seen a generally upward trend over the past decade, reaching 3.2455 Billion US Dollars in 2023. Between 2013 and 2023, compound annual growth rates (CAGR) fluctuated, with the 5-year CAGR ending in 2023 being 2.92%. Notable year-on-year changes include a significant increase of 15.18% in 2017 and a minor decline of -1.34% in 2020. The forecast for the next five years suggests a steady growth trajectory with a CAGR of 2.39%, marking a projected growth rate of 12.53% by 2028.
Future trends to watch for include:
- Rising consumer demand for natural and organic products.
- The influence of economic factors such as inflation and exchange rates on import costs.
- Technological advancements and e-commerce growth impacting market dynamics.
- Sustainability practices shaping product offerings and consumer preferences.