The Fragrances and Personal Care market in Portugal experienced a steady increase from 2013 to 2017, peaking at 831.49 million Euros. Post-2017, there was a decline and fluctuation until 2020, after which the market observed a rebound, reaching 860.04 million Euros in 2023. The year 2023 showed a modest year-on-year growth of 2.03%. The five-year compound annual growth rate (CAGR) stood at 1.16%, reflecting overall moderate growth over the period.
Future trends to watch for:
- Increasing interest in sustainably produced and environmentally friendly products.
- The impact of technological advancements, such as personalized and app-based fragrance solutions, on consumer preferences.
- Potential growth from emerging niche markets, including organic and vegan personal care products.
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 4,215,700,000 | 2023 | +0.51% | +0.56% | View data |
| 2 | 2 Germany | 3,805,200,000 | 2023 | +1.86% | +0.16% | View data |
| 3 | 3 Spain | 1,818,400,000 | 2023 | -1.09% | -3.13% | View data |
| 4 | 4 Austria | 1,268,800,000 | 2023 | +3.65% | +3.15% | View data |
| 5 | 5 Greece | 1,020,400,000 | 2023 | +2.36% | +1.62% | View data |
| 6 | 6 Portugal | 860,040,000 | 2023 | +2.03% | +1.16% | |
| 7 | 7 Romania | 546,240,000 | 2023 | +1.75% | +1.27% | View data |
| 8 | 8 Sweden | 536,980,000 | 2023 | +1.76% | -0.72% | View data |
