Poland's export of essential oils, perfumes, cosmetics, and toiletries has shown a steady growth trajectory from 2013 to 2023, rising from $2.86 billion to $4.50 billion. Between 2018 and 2023, the average annual growth rate (CAGR) was 3.08%. Notably, the year-on-year increase in 2022 was 3.59%, and in 2023, it was 3.4%. Forecasts suggest robust growth, with exports expected to reach $5.27 billion by 2028, indicating a forecasted 2.49% CAGR over the next five years.
Future Trends to Watch For:
- Increasing demand for natural and organic products may drive higher exports.
- Technological advancements in cosmetics and toiletries are likely to attract new market segments.
- Regulatory changes and trade agreements could impact export dynamics.
- Sustainability and eco-friendly packaging trends may play a vital role in market expansion.