The European fragrance market is led by France with strong production values, followed by Germany and Italy. In 2023, France saw a slight growth of 1.68%, while Germany experienced a modest decline. In contrast, Spain faced a significant drop of over 15%. Austria and Finland showed notable growth, with Austria increasing by over 20%.
For future trends, anticipate shifts toward sustainable and eco-friendly products, with an emphasis on natural ingredients. Countries like Germany and Italy might experience a resurgence due to innovation in green chemistry. Monitoring these dynamics will be crucial for businesses navigating the European fragrance market.
Top countries in Sold Production of Perfumes and Toilet Preparations by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 10,782,000,000 | 2023 | +4.9% | +1.68% | View data |
| 2 | 2 Germany | 5,265,000,000 | 2023 | +0.62% | -0.056% | View data |
| 3 | 3 Italy | 4,384,200,000 | 2023 | +0.82% | +2.12% | View data |
| 4 | 4 United Kingdom | 2,125,300,000 | 2023 | -1.6% | -1.28% | View data |
| 5 | 5 Poland | 1,683,100,000 | 2023 | +2.12% | +1.91% | View data |
| 6 | 6 Spain | 1,196,400,000 | 2023 | -26.66% | -15.34% | View data |
| 7 | 7 Greece | 454,840,000 | 2023 | +2.48% | +2.91% | View data |
| 8 | 8 Austria | 194,790,000 | 2023 | +10.39% | +20.92% | View data |
| 9 | 9 Bulgaria | 173,170,000 | 2023 | +2.77% | +3.16% | View data |
| 10 | 10 Czechia | 171,820,000 | 2023 |
