In 2023, France dominated European perfume production with a remarkable value standing at 3.2646 billion euros, showing a modest growth of 0.5%. Spain and Germany followed, contributing 0.74822 billion and 0.32369 billion euros respectively, with growth rates of 2.37% and 2.86%. Smaller markets like Hungary and Serbia showed significant increases, at 57.38% and 21.85% respectively, highlighting emerging European production hubs.
Future trends to watch include continued growth in emerging markets such as Hungary and Serbia, driven by increasing demand and investment in production capabilities. Innovation and sustainability may also drive competitiveness across Europe.
Top countries in Sold Production of Perfumes and Toilet Waters by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 3,264,600,000 | 2023 | +6.58% | +0.5% | View data |
| 2 | 2 Spain | 748,220,000 | 2023 | +7.64% | +2.37% | View data |
| 3 | 3 Germany | 323,690,000 | 2023 | +7.31% | +2.86% | View data |
| 4 | 4 Italy | 218,840,000 | 2023 | +8.45% | +3.55% | View data |
| 5 | 5 Poland | 201,420,000 | 2023 | +1.61% | +1.01% | View data |
| 6 | 6 United Kingdom | 90,668,000 | 2023 | -3.1% | -5.04% | View data |
| 7 | 7 Greece | 42,462,000 | 2023 | +1.83% | +4% | View data |
| 8 | 8 Bulgaria | 9,638,500 | 2023 | +4.38% | +5.17% | View data |
| 9 | 9 Serbia | 5,729,200 | 2023 | +7.08% | +21.85% | View data |
| 10 | 10 Ireland | 4,425,300 | 2023 | +37.56% | +4.8% | View data |
