Forecast: Import of Essential Oils, Perfumes, Cosmetics and Toileteries to the UK

The forecast for the import of essential oils, perfumes, cosmetics, and toiletries to the UK indicates a steady increase from 2024 to 2028. In 2023, the imports stood at $7.54 billion. The year-on-year variations show consistent growth, with an average increase of approximately 1.9% annually. Over the five-year forecast period, the Compound Annual Growth Rate (CAGR) is projected at 2.33%, reflecting a stable upward trend.

Future trends to watch for include:

• The impact of consumer demand shifts towards sustainable and ethically sourced products.
• Potential regulatory changes post-Brexit affecting import tariffs and standards.
• The influence of emerging technologies in product formulation and packaging.