The global market for perfumes and toilet waters in 2023 is led by the United States, far surpassing other nations, followed by France, Germany, and the United Kingdom. India, with a notable 5.34% growth, and Israel at 6.74%, are among the countries experiencing significant market expansion. Conversely, Germany and Switzerland saw declines, impacting Europe's overall market performance. Sustained growth in Saudi Arabia and emerging markets such as Singapore, Hungary, and Croatia underline their rising influence. However, Azerbaijan and Moldova experienced noticeable declines, indicating regional fluctuations.
Looking ahead, the demand for personal luxury goods, particularly in emerging economies, is expected to drive growth in the perfumes and toilet waters sector. Increasing disposable incomes, urbanization in Asia and Latin America, and a shift towards premium brands may enhance market size. Meanwhile, sustainability and natural product trends will likely influence consumer preferences, particularly in developed markets.
Top countries in Perfumes and Toilet Waters Market Size Value by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 25,234,000,000 | 2023 | +1.96% | +1.95% | View data |
| 2 | 2 France | 6,062,900,000 | 2023 | -0.14% | +0.55% | View data |
| 3 | 3 Germany | 5,710,500,000 | 2023 | +0.12% | -0.83% | View data |
| 4 | 4 United Kingdom | 4,968,700,000 | 2023 | +0.46% | -0.34% | View data |
| 5 | 5 Italy | 3,404,200,000 | 2023 | +0.79% | +0.54% | View data |
| 6 | 6 Saudi Arabia | 1,716,500,000 | 2023 | +2.03% | +3.99% | View data |
| 7 | 7 Australia | 1,707,500,000 | 2023 | +1.38% | +0.71% | View data |
| 8 | 8 Netherlands | 1,589,700,000 | 2023 | +1.34% | +0.25% | View data |
| 9 | 9 Poland | 1,125,600,000 | 2023 | +1.05% | +1% | View data |
| 10 | 10 Chile | 1,061,800,000 | 2023 | +2.2% | +1.07% | View data |
