The Fragrances and Personal Care Market in Finland recorded varied growth and decline in volume from 2012 to 2022, peaking in 2015 at 10.35 million kilograms. The market experienced a decline due to various factors, including economic shifts and changing consumer preferences. The average compound annual growth rate (CAGR) over the last five years (2018-2022) was -1.23%, indicating a slight overall contraction in the market. Notably, there was volatility with an observable decrease in volume of up to -12.61% in 2018, followed by modest growth in subsequent years such as 3.85% in 2020 and 3.71% in 2021.
Future trends to watch for include:
- Increased demand for organic and natural personal care products
- Enhanced consumer interest in sustainability and eco-friendly packaging
- Growth potential in niche and premium fragrance segments
- Impacts of regulatory changes and health considerations post-pandemic
- Advancements in e-commerce and digital marketing strategies
| # | 8 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 329,220,000 | 2023 | +2.4% | +2.69% | View data |
| 2 | 2 Spain | 169,330,000 | 2023 | +0.097% | -0.034% | View data |
| 3 | 3 Ireland | 19,205,000 | 2023 | +2.12% | +1.51% | View data |
| 4 | 4 Sweden | 17,124,000 | 2023 | -1.78% | -3.51% | View data |
| 5 | 5 Croatia | 11,813,000 | 2023 | +0.86% | +3.96% | View data |
| 6 | 6 Bulgaria | 10,521,000 | 2023 | +3.37% | -2.98% | View data |
| 7 | 7 Finland | 9,283,700 | 2023 | +0.33% | +1.82% | |
| 8 | 8 Estonia | 1,066,300 | 2023 | -0.17% | -0.76% | View data |
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