The export of essential oils, perfumes, cosmetics, and toiletries from France has shown significant growth over the years. In 2023, the value stood at 21.452 billion USD, marking a 2.18% year-on-year increase. Over the last five years, growth averaged at a CAGR of 1.72%. The forecasted period until 2028 anticipates continuous growth, with an average annual rate of 1.67%, leading to a projected value of 23.847 billion USD in 2028. Key trends to watch for include:
-Innovation in sustainable and eco-friendly products
-Advances in digital marketing and e-commerce penetration
-Growing demand in emerging markets
-Impact of regulatory changes on product formulations and packaging